JuNe Law: 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.
JuNe Law
Largest movements
- Cash +€164,653
up €164,653 (+455%), from €36,199 to €200,852
mainly Other debts (+€220,775) and Receivables within one year (+€142,316)
- Receivables within one year -€142,316
down €142,316 (-72.0%), from €197,584 to €55,268
of which Other amounts receivable: -€80,777
- Tangible fixed assets -€7,326
down €7,326 (-41.8%), from €17,508 to €10,181
- Other debts +€220,775
up €220,775, from €0 to €220,775
- Profit (loss) carried forward -€202,453
down €202,453 (-99.6%), from €203,203 to €751
- Debts after one year -€6,264
down €6,264 (-56.6%), from €11,058 to €4,794
- Gross operating margin +€6,894
up €6,894 (+4.5%), from €153,177 to €160,072
- Taxes +€2,723
up €2,723 (+8.5%), from €31,973 to €34,696
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 | €252,533 | €267,681 | +€15,148 | +6.0% |
| Fixed assets | 21/28 | €17,508 | €10,181 | -€7,326 | -41.8% |
| Tangible fixed assets | 22/27 | €17,508 | €10,181 | -€7,326 | -41.8% |
| Furniture and vehicles | 24 | €17,508 | €10,181 | -€7,326 | -41.8% |
| Current assets | 29/58 | €235,026 | €257,500 | +€22,474 | +9.6% |
| Amounts receivable within one year | 40/41 | €197,584 | €55,268 | -€142,316 | -72.0% |
| Trade receivables | 40 | €116,539 | €55,000 | -€61,539 | -52.8% |
| Other amounts receivable | 41 | €81,045 | €268 | -€80,777 | -99.7% |
| Cash at bank and in hand | 54/58 | €36,199 | €200,852 | +€164,653 | +455% |
| Deferred charges and accrued income | 490/1 | €1,242 | €1,380 | +€137 | +11.0% |
| Total equity and liabilities | 10/49 | €252,533 | €267,681 | +€15,148 | +6.0% |
| Equity | 10/15 | €206,203 | €3,751 | -€202,453 | -98.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €203,203 | €751 | -€202,453 | -99.6% |
| Amounts payable | 17/49 | €46,330 | €263,930 | +€217,600 | +470% |
| Amounts payable after more than one year | 17 | €11,058 | €4,794 | -€6,264 | -56.6% |
| Financial debts | 170/4 | €11,058 | €4,794 | -€6,264 | -56.6% |
| Amounts payable within one year | 42/48 | €35,272 | €259,137 | +€223,864 | +635% |
| Current portion of amounts payable after more than one year | 42 | €6,121 | €6,264 | +€143 | +2.3% |
| Trade debts | 44 | €716 | €1,357 | +€640 | +89.3% |
| Suppliers | 440/4 | €716 | €1,357 | +€640 | +89.3% |
| Taxes, remuneration and social security | 45 | €28,435 | €30,742 | +€2,307 | +8.1% |
| Taxes | 450/3 | €28,435 | €30,742 | +€2,307 | +8.1% |
| Other amounts payable | 47/48 | €0 | €220,775 | +€220,775 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,023 | €7,326 | -€697 | -8.7% |
| Other operating charges | 640/8 | €849 | €805 | -€44 | -5.2% |
| Gross operating margin | 9900 | €153,177 | €160,072 | +€6,894 | +4.5% |
| Operating profit (loss) | 9901 | €144,305 | €151,941 | +€7,636 | +5.3% |
| Financial income | 75/76B | €145 | €725 | +€580 | +400% |
| Recurring financial income | 75 | €145 | €725 | +€580 | +400% |
| Financial charges | 65/66B | €486 | €423 | -€63 | -13.0% |
| Recurring financial charges | 65 | €486 | €423 | -€63 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €143,964 | €152,244 | +€8,279 | +5.8% |
| Income taxes | 67/77 | €31,973 | €34,696 | +€2,723 | +8.5% |
| Profit (loss) for the period | 9904 | €111,991 | €117,547 | +€5,556 | +5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €111,991 | €117,547 | +€5,556 | +5.0% |
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 21 October 2026 via checked.be.