Eric Junker: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Eric Junker
Largest movements
- Current investments +€54,000
up €54,000 (+270.0%), from €20,000 to €74,000
- Intangible fixed assets -€30,000
down €30,000 (-16.6%), from €180,247 to €150,247
- Cash -€17,202
down €17,202 (-16.2%), from €106,191 to €88,990
mainly Other debts (-€131,168) and Current investments (-€54,000)
- Deferred charges and accrued income +€10,642
up €10,642 (+141.9%), from €7,499 to €18,142
- Receivables within one year +€3,951
up €3,951 (+71.2%), from €5,549 to €9,500
of which Other amounts receivable: +€2,428
- Other debts -€131,168
down €131,168 (-86.6%), from €151,432 to €20,265
- Profit (loss) carried forward +€68,978
new in 2025: €68,978
- Debts after one year +€62,951
new in 2025: €62,951
- Current portion of long-term debt +€13,122
new in 2025: €13,122
- Trade debts +€6,358
up €6,358 (+1121.8%), from €567 to €6,925
- Taxes -€8,587
down €8,587 (-30.5%), from €28,135 to €19,548
- Gross operating margin -€6,234
down €6,234 (-4.6%), from €135,996 to €129,762
- Financial charges +€2,500
up €2,500 (+32.6%), from €7,672 to €10,173
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €320,798 | €341,859 | +€21,062 | +6.6% |
| Fixed assets | 21/28 | €181,558 | €151,228 | -€30,330 | -16.7% |
| Intangible fixed assets | 21 | €180,247 | €150,247 | -€30,000 | -16.6% |
| Tangible fixed assets | 22/27 | €1,311 | €981 | -€330 | -25.2% |
| Furniture and vehicles | 24 | €1,311 | €981 | -€330 | -25.2% |
| Current assets | 29/58 | €139,240 | €190,631 | +€51,392 | +36.9% |
| Amounts receivable within one year | 40/41 | €5,549 | €9,500 | +€3,951 | +71.2% |
| Trade receivables | 40 | €0 | €1,523 | +€1,523 | |
| Other amounts receivable | 41 | €5,549 | €7,977 | +€2,428 | +43.8% |
| Current investments | 50/53 | €20,000 | €74,000 | +€54,000 | +270.0% |
| Cash at bank and in hand | 54/58 | €106,191 | €88,990 | -€17,202 | -16.2% |
| Deferred charges and accrued income | 490/1 | €7,499 | €18,142 | +€10,642 | +141.9% |
| Total equity and liabilities | 10/49 | €320,798 | €341,859 | +€21,062 | +6.6% |
| Equity | 10/15 | €137,075 | €206,053 | +€68,978 | +50.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €134,075 | €134,075 | = | 0.0% |
| Distributable reserves | 133 | €134,075 | €134,075 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €68,978 | +€68,978 | |
| Amounts payable | 17/49 | €183,723 | €135,807 | -€47,916 | -26.1% |
| Amounts payable after more than one year | 17 | - | €62,951 | +€62,951 | |
| Financial debts | 170/4 | - | €62,951 | +€62,951 | |
| Amounts payable within one year | 42/48 | €178,270 | €66,582 | -€111,688 | -62.7% |
| Current portion of amounts payable after more than one year | 42 | - | €13,122 | +€13,122 | |
| Trade debts | 44 | €567 | €6,925 | +€6,358 | +1121.8% |
| Suppliers | 440/4 | €567 | €6,925 | +€6,358 | +1121.8% |
| Taxes, remuneration and social security | 45 | €26,271 | €26,271 | = | 0.0% |
| Taxes | 450/3 | €26,271 | €26,271 | = | 0.0% |
| Other amounts payable | 47/48 | €151,432 | €20,265 | -€131,168 | -86.6% |
| Accrued charges and deferred income | 492/3 | €5,452 | €6,273 | +€821 | +15.0% |
| Remuneration, social security and pensions | 62 | €340 | - | -€340 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,330 | €30,330 | = | 0.0% |
| Other operating charges | 640/8 | €430 | €843 | +€413 | +96.0% |
| Gross operating margin | 9900 | €135,996 | €129,762 | -€6,234 | -4.6% |
| Operating profit (loss) | 9901 | €104,896 | €98,590 | -€6,307 | -6.0% |
| Financial income | 75/76B | - | €109 | +€109 | |
| Recurring financial income | 75 | - | €109 | +€109 | |
| Financial charges | 65/66B | €7,672 | €10,173 | +€2,500 | +32.6% |
| Recurring financial charges | 65 | €7,672 | €10,173 | +€2,500 | +32.6% |
| Profit (loss) for the period before taxes | 9903 | €97,224 | €88,526 | -€8,698 | -8.9% |
| Income taxes | 67/77 | €28,135 | €19,548 | -€8,587 | -30.5% |
| Profit (loss) for the period | 9904 | €69,089 | €68,978 | -€112 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €69,089 | €68,978 | -€112 | -0.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.