Junic Capital: 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.
Junic Capital
Largest movements
- Tangible fixed assets +€151,104
up €151,104 (+9,787%), from €1,544 to €152,648
of which Land and buildings: +€140,438
- Receivables within one year +€22,762
up €22,762 (+125%), from €18,150 to €40,912
of which Trade receivables: +€14,762
- Debts after one year +€134,644
new in 2025: €134,644
- Profit (loss) carried forward +€34,428
up €34,428 (+42.3%), from €81,366 to €115,794
- Current portion of long-term debt +€8,127
new in 2025: €8,127
- Tax, wage and social debts -€6,901
down €6,901 (-43.8%), from €15,748 to €8,847
- Depreciation +€31,539
up €31,539 (+2,573%), from €1,226 to €32,765
- Gross operating margin -€19,202
down €19,202 (-18.4%), from €104,528 to €85,326
- Taxes -€9,867
down €9,867 (-45.1%), from €21,900 to €12,033
- Financial charges +€4,920
up €4,920 (+13,667%), from €36 to €4,956
- Other operating charges +€1,144
new in 2025: €1,144
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 | €102,910 | €276,021 | +€173,111 | +168% |
| Fixed assets | 21/28 | €1,544 | €152,648 | +€151,104 | +9,787% |
| Tangible fixed assets | 22/27 | €1,544 | €152,648 | +€151,104 | +9,787% |
| Land and buildings | 22 | - | €140,438 | +€140,438 | |
| Furniture and vehicles | 24 | €1,544 | €12,210 | +€10,666 | +691% |
| Current assets | 29/58 | €101,366 | €123,373 | +€22,007 | +21.7% |
| Amounts receivable within one year | 40/41 | €18,150 | €40,912 | +€22,762 | +125% |
| Trade receivables | 40 | €18,150 | €32,912 | +€14,762 | +81.3% |
| Other amounts receivable | 41 | - | €8,000 | +€8,000 | |
| Cash at bank and in hand | 54/58 | €83,216 | €80,478 | -€2,738 | -3.3% |
| Deferred charges and accrued income | 490/1 | - | €1,983 | +€1,983 | |
| Total equity and liabilities | 10/49 | €102,910 | €276,021 | +€173,111 | +168% |
| Equity | 10/15 | €86,366 | €120,794 | +€34,428 | +39.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,366 | €115,794 | +€34,428 | +42.3% |
| Amounts payable | 17/49 | €16,544 | €155,227 | +€138,683 | +838% |
| Amounts payable after more than one year | 17 | - | €134,644 | +€134,644 | |
| Financial debts | 170/4 | - | €134,644 | +€134,644 | |
| Amounts payable within one year | 42/48 | €16,544 | €20,583 | +€4,039 | +24.4% |
| Current portion of amounts payable after more than one year | 42 | - | €8,127 | +€8,127 | |
| Trade debts | 44 | €369 | €1,150 | +€781 | +212% |
| Suppliers | 440/4 | €369 | €1,150 | +€781 | +212% |
| Taxes, remuneration and social security | 45 | €15,748 | €8,847 | -€6,901 | -43.8% |
| Taxes | 450/3 | €15,748 | €8,847 | -€6,901 | -43.8% |
| Other amounts payable | 47/48 | €427 | €2,459 | +€2,032 | +476% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,226 | €32,765 | +€31,539 | +2,573% |
| Other operating charges | 640/8 | - | €1,144 | +€1,144 | |
| Gross operating margin | 9900 | €104,528 | €85,326 | -€19,202 | -18.4% |
| Operating profit (loss) | 9901 | €103,302 | €51,417 | -€51,885 | -50.2% |
| Financial charges | 65/66B | €36 | €4,956 | +€4,920 | +13,667% |
| Recurring financial charges | 65 | €36 | €4,956 | +€4,920 | +13,667% |
| Profit (loss) for the period before taxes | 9903 | €103,266 | €46,461 | -€56,805 | -55.0% |
| Income taxes | 67/77 | €21,900 | €12,033 | -€9,867 | -45.1% |
| Profit (loss) for the period | 9904 | €81,366 | €34,428 | -€46,938 | -57.7% |
| Profit (loss) for the period to be appropriated | 9905 | €81,366 | €34,428 | -€46,938 | -57.7% |
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 14 October 2026 via checked.be.