Junction Growth Partners: what changed
Two financial 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.
Junction Growth Partners
Largest movements
- Receivables within one year +€34,290
up €34,290 (+6.4%), from €532,687 to €566,976
of which Trade receivables: +€55,184
- Cash +€25,710
up €25,710 (+64.2%), from €40,058 to €65,768
mainly Net result for the year (+€139,440) and Tax, wage and social debts (+€27,914)
- Deferred charges and accrued income +€22,195
up €22,195 (+66.4%), from €33,435 to €55,631
- Tangible fixed assets +€11,850
up €11,850 (+9.3%), from €126,800 to €138,650
of which Other tangible fixed assets: +€11,500
- Profit (loss) carried forward +€139,440
up €139,440 (+44.6%), from €312,824 to €452,263
- Trade debts -€78,693
down €78,693 (-39.8%), from €197,568 to €118,875
- Tax, wage and social debts +€27,914
up €27,914 (+47.7%), from €58,486 to €86,400
- Gross operating margin +€107,602
up €107,602 (+77.7%), from €138,497 to €246,099
- Taxes +€25,190
up €25,190 (+88.6%), from €28,437 to €53,628
- Depreciation +€13,970
up €13,970 (+103%), from €13,569 to €27,540
- Other operating charges +€9,824
up €9,824, from €0 to €9,824
- Staff costs +€9,521
up €9,521 (+187%), from €5,082 to €14,603
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.
Derived cash bridge
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 | €756,530 | €843,825 | +€87,295 | +11.5% |
| Fixed assets | 21/28 | €150,350 | €155,450 | +€5,100 | +3.4% |
| Tangible fixed assets | 22/27 | €126,800 | €138,650 | +€11,850 | +9.3% |
| Plant, machinery and equipment | 23 | €906 | €10 | -€896 | -98.9% |
| Furniture and vehicles | 24 | €45,714 | €46,961 | +€1,247 | +2.7% |
| Other tangible fixed assets | 26 | €80,179 | €91,679 | +€11,500 | +14.3% |
| Financial fixed assets | 28 | €23,550 | €16,800 | -€6,750 | -28.7% |
| Current assets | 29/58 | €606,180 | €688,375 | +€82,195 | +13.6% |
| Amounts receivable within one year | 40/41 | €532,687 | €566,976 | +€34,290 | +6.4% |
| Trade receivables | 40 | €511,537 | €566,720 | +€55,184 | +10.8% |
| Other amounts receivable | 41 | €21,150 | €256 | -€20,894 | -98.8% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €40,058 | €65,768 | +€25,710 | +64.2% |
| Deferred charges and accrued income | 490/1 | €33,435 | €55,631 | +€22,195 | +66.4% |
| Total equity and liabilities | 10/49 | €756,530 | €843,825 | +€87,295 | +11.5% |
| Equity | 10/15 | €372,824 | €512,263 | +€139,440 | +37.4% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €312,824 | €452,263 | +€139,440 | +44.6% |
| Amounts payable | 17/49 | €383,706 | €331,562 | -€52,144 | -13.6% |
| Amounts payable after more than one year | 17 | €60,000 | €60,000 | = | 0.0% |
| Financial debts | 170/4 | €60,000 | €60,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €256,054 | €205,274 | -€50,779 | -19.8% |
| Trade debts | 44 | €197,568 | €118,875 | -€78,693 | -39.8% |
| Suppliers | 440/4 | €197,568 | €118,875 | -€78,693 | -39.8% |
| Taxes, remuneration and social security | 45 | €58,486 | €86,400 | +€27,914 | +47.7% |
| Taxes | 450/3 | €58,486 | €86,400 | +€27,914 | +47.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €67,652 | €66,288 | -€1,365 | -2.0% |
| Remuneration, social security and pensions | 62 | €5,082 | €14,603 | +€9,521 | +187% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,569 | €27,540 | +€13,970 | +103% |
| Other operating charges | 640/8 | €0 | €9,824 | +€9,824 | |
| Gross operating margin | 9900 | €138,497 | €246,099 | +€107,602 | +77.7% |
| Operating profit (loss) | 9901 | €119,846 | €194,133 | +€74,287 | +62.0% |
| Financial income | 75/76B | €3,191 | €3,113 | -€78 | -2.4% |
| Recurring financial income | 75 | €3,191 | €3,113 | -€78 | -2.4% |
| Financial charges | 65/66B | €4,976 | €4,179 | -€797 | -16.0% |
| Recurring financial charges | 65 | €4,976 | €4,179 | -€797 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €118,062 | €193,067 | +€75,005 | +63.5% |
| Income taxes | 67/77 | €28,437 | €53,628 | +€25,190 | +88.6% |
| Profit (loss) for the period | 9904 | €89,625 | €139,440 | +€49,815 | +55.6% |
| Profit (loss) for the period to be appropriated | 9905 | €89,625 | €139,440 | +€49,815 | +55.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.