JUNINVEST: 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.
JUNINVEST
Largest movements
- Tangible fixed assets +€140,754
up €140,754 (+26.8%), from €525,890 to €666,644
of which Land and buildings: +€142,117
- Cash +€7,867
up €7,867 (+276.9%), from €2,841 to €10,708
mainly Debts after one year (+€118,624) and Depreciation (+€45,225)
- Debts after one year +€118,624
up €118,624 (+65.7%), from €180,660 to €299,284
- Reserves +€23,000
up €23,000 (+85.2%), from €27,000 to €50,000
- Current portion of long-term debt +€8,578
up €8,578 (+33.7%), from €25,476 to €34,054
- Depreciation +€6,688
up €6,688 (+17.4%), from €38,537 to €45,225
- Gross operating margin +€5,116
up €5,116 (+5.8%), from €87,910 to €93,027
- Financial charges +€4,865
up €4,865 (+143.4%), from €3,393 to €8,258
- Taxes -€2,721
down €2,721 (-25.4%), from €10,728 to €8,006
- Other operating charges +€1,077
up €1,077 (+14.4%), from €7,503 to €8,581
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 | €529,435 | €678,357 | +€148,922 | +28.1% |
| Fixed assets | 21/28 | €525,890 | €666,644 | +€140,754 | +26.8% |
| Tangible fixed assets | 22/27 | €525,890 | €666,644 | +€140,754 | +26.8% |
| Land and buildings | 22 | €521,192 | €663,309 | +€142,117 | +27.3% |
| Furniture and vehicles | 24 | €4,698 | €3,335 | -€1,363 | -29.0% |
| Current assets | 29/58 | €3,545 | €11,713 | +€8,168 | +230.4% |
| Amounts receivable within one year | 40/41 | €704 | €1,005 | +€301 | +42.8% |
| Trade receivables | 40 | €704 | - | -€704 | |
| Other amounts receivable | 41 | - | €1,005 | +€1,005 | |
| Cash at bank and in hand | 54/58 | €2,841 | €10,708 | +€7,867 | +276.9% |
| Total equity and liabilities | 10/49 | €529,435 | €678,357 | +€148,922 | +28.1% |
| Equity | 10/15 | €285,921 | €308,898 | +€22,978 | +8.0% |
| Contributions | 10/11 | €258,059 | €258,059 | = | 0.0% |
| Reserves | 13 | €27,000 | €50,000 | +€23,000 | +85.2% |
| Distributable reserves | 133 | €27,000 | €50,000 | +€23,000 | +85.2% |
| Profit (loss) carried forward | 14 | €861 | €839 | -€22 | -2.6% |
| Amounts payable | 17/49 | €243,515 | €369,459 | +€125,945 | +51.7% |
| Amounts payable after more than one year | 17 | €180,660 | €299,284 | +€118,624 | +65.7% |
| Financial debts | 170/4 | €180,660 | €299,284 | +€118,624 | +65.7% |
| Amounts payable within one year | 42/48 | €61,065 | €70,175 | +€9,110 | +14.9% |
| Current portion of amounts payable after more than one year | 42 | €25,476 | €34,054 | +€8,578 | +33.7% |
| Trade debts | 44 | €72 | €1,059 | +€986 | +1360.7% |
| Suppliers | 440/4 | €72 | €1,059 | +€986 | +1360.7% |
| Taxes, remuneration and social security | 45 | €10,730 | €10,730 | = | 0.0% |
| Taxes | 450/3 | €10,730 | €10,730 | = | 0.0% |
| Other amounts payable | 47/48 | €24,786 | €24,332 | -€454 | -1.8% |
| Accrued charges and deferred income | 492/3 | €1,790 | - | -€1,790 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,537 | €45,225 | +€6,688 | +17.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €17 | +€17 | |
| Other operating charges | 640/8 | €7,503 | €8,581 | +€1,077 | +14.4% |
| Gross operating margin | 9900 | €87,910 | €93,027 | +€5,116 | +5.8% |
| Operating profit (loss) | 9901 | €41,870 | €39,204 | -€2,666 | -6.4% |
| Financial income | 75/76B | €5 | €38 | +€33 | +650.3% |
| Recurring financial income | 75 | €5 | €38 | +€33 | +650.3% |
| Financial charges | 65/66B | €3,393 | €8,258 | +€4,865 | +143.4% |
| Recurring financial charges | 65 | €3,393 | €8,258 | +€4,865 | +143.4% |
| Profit (loss) for the period before taxes | 9903 | €38,482 | €30,984 | -€7,498 | -19.5% |
| Income taxes | 67/77 | €10,728 | €8,006 | -€2,721 | -25.4% |
| Profit (loss) for the period | 9904 | €27,754 | €22,978 | -€4,776 | -17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €27,754 | €22,978 | -€4,776 | -17.2% |
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 9 October 2026 via checked.be.