Junior: 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.
What changed
Junior
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€452,425
2024 · €307,213+€145,213
Equity
€6.6m
2024 · €6.1m+€452,425
Cash
€80,322
2024 · €31,083+€49,239
Balance sheet total
€9.3m
2024 · €9.3m+€254
Largest movements
Assets
- Receivables within one year -€971,110
down €971,110 (-95.9%), from €1.0m to €41,543
of which Other amounts receivable: -€922,346
- Financial fixed assets +€926,754
up €926,754 (+15.4%), from €6.0m to €6.9m
- Current investments -€107,900
down €107,900 (-14.6%), from €738,916 to €631,016
Equity and liabilities
- Other debts -€488,226
down €488,226 (-21.1%), from €2.3m to €1.8m
- Reserves +€452,425
up €452,425 (+12.9%), from €3.5m to €4.0m
of which Distributable reserves: +€459,417
Income statement
- Gross operating margin +€153,594
up €153,594 (+17.6%), from €874,245 to €1.0m
- Staff costs -€44,993
down €44,993 (-15.2%), from €295,162 to €250,169
- Taxes +€31,742
up €31,742 (+25.9%), from €122,621 to €154,362
- Other operating charges +€29,704
up €29,704 (+36.4%), from €81,527 to €111,231
- Financial income -€29,360
down €29,360 (-32.2%), from €91,059 to €61,699
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.
Result 2024
€307,213
Gross operating margin
+€153,594
Staff costs
+€44,993
Depreciation
+€1,063
Write-downs
+€26,362
Other operating charges
-€29,704
Other operating items
+€4,575
Financial income
-€29,360
Financial charges
+€6,490
Taxes
-€31,742
Deferred taxes and other
-€1,057
Result 2025
€452,425
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.
From operations
+€942,263
Investment
-€964,276
Financing
+€71,252
Cash 2024
€31,083
From operations (derived)
+€942,263
Net result for the year
+€452,425
Depreciation
+€73,068
Receivables within one year
+€971,110
Deferred charges and accrued income
-€30,917
Provisions
-€2,331
Trade debts
+€25,602
Tax, wage and social debts
-€58,470
Other debts
-€488,226
Investment (derived)
-€964,276
Investment in fixed assets (net)
-€1.1m
Current investments
+€107,900
Financing
+€71,252
Debts after one year
+€49,587
Current portion of long-term debt
+€21,666
Cash 2025
€80,322
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,273,423 | €9,273,677 | +€254 | 0.0% |
| Fixed assets | 21/28 | €7,316,389 | €8,315,498 | +€999,109 | +13.7% |
| Tangible fixed assets | 22/27 | €1,299,589 | €1,371,944 | +€72,354 | +5.6% |
| Land and buildings | 22 | €1,276,522 | €1,345,128 | +€68,606 | +5.4% |
| Plant, machinery and equipment | 23 | €1,664 | €1,692 | +€28 | +1.7% |
| Furniture and vehicles | 24 | €21,403 | €25,124 | +€3,721 | +17.4% |
| Financial fixed assets | 28 | €6,016,800 | €6,943,554 | +€926,754 | +15.4% |
| Current assets | 29/58 | €1,957,034 | €958,179 | -€998,855 | -51.0% |
| Amounts receivable within one year | 40/41 | €1,012,653 | €41,543 | -€971,110 | -95.9% |
| Trade receivables | 40 | €90,308 | €41,543 | -€48,765 | -54.0% |
| Other amounts receivable | 41 | €922,346 | €0 | -€922,346 | -100.0% |
| Current investments | 50/53 | €738,916 | €631,016 | -€107,900 | -14.6% |
| Cash at bank and in hand | 54/58 | €31,083 | €80,322 | +€49,239 | +158.4% |
| Deferred charges and accrued income | 490/1 | €174,381 | €205,299 | +€30,917 | +17.7% |
| Total equity and liabilities | 10/49 | €9,273,423 | €9,273,677 | +€254 | 0.0% |
| Equity | 10/15 | €6,124,534 | €6,576,959 | +€452,425 | +7.4% |
| Contributions | 10/11 | €2,604,000 | €2,604,000 | = | 0.0% |
| Capital | 10 | €2,604,000 | €2,604,000 | = | 0.0% |
| Issued capital | 100 | €2,604,000 | €2,604,000 | = | 0.0% |
| Reserves | 13 | €3,514,609 | €3,967,034 | +€452,425 | +12.9% |
| Non-distributable reserves | 130/1 | €248,000 | €248,000 | = | 0.0% |
| Legal reserve | 130 | €248,000 | €248,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,992 | - | -€6,992 | |
| Distributable reserves | 133 | €3,259,617 | €3,719,034 | +€459,417 | +14.1% |
| Investment grants | 15 | €5,925 | €5,925 | = | 0.0% |
| Provisions and deferred taxes | 16 | €2,331 | - | -€2,331 | |
| Deferred taxes | 168 | €2,331 | - | -€2,331 | |
| Amounts payable | 17/49 | €3,146,559 | €2,696,718 | -€449,841 | -14.3% |
| Amounts payable after more than one year | 17 | €520,181 | €569,768 | +€49,587 | +9.5% |
| Financial debts | 170/4 | €520,181 | €569,768 | +€49,587 | +9.5% |
| Amounts payable within one year | 42/48 | €2,626,378 | €2,126,950 | -€499,428 | -19.0% |
| Current portion of amounts payable after more than one year | 42 | €50,710 | €72,376 | +€21,666 | +42.7% |
| Trade debts | 44 | €105,545 | €131,147 | +€25,602 | +24.3% |
| Suppliers | 440/4 | €105,545 | €131,147 | +€25,602 | +24.3% |
| Taxes, remuneration and social security | 45 | €156,820 | €98,350 | -€58,470 | -37.3% |
| Taxes | 450/3 | €122,621 | €64,567 | -€58,053 | -47.3% |
| Remuneration and social security | 454/9 | €34,199 | €33,783 | -€416 | -1.2% |
| Other amounts payable | 47/48 | €2,313,303 | €1,825,077 | -€488,226 | -21.1% |
| Non-recurring operating income | 76A | €100 | - | -€100 | |
| Remuneration, social security and pensions | 62 | €295,162 | €250,169 | -€44,993 | -15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,131 | €73,068 | -€1,063 | -1.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €26,362 | - | -€26,362 | |
| Other operating charges | 640/8 | €81,527 | €111,231 | +€29,704 | +36.4% |
| Non-recurring operating charges | 66A | €4,575 | - | -€4,575 | |
| Gross operating margin | 9900 | €874,245 | €1,027,838 | +€153,594 | +17.6% |
| Operating profit (loss) | 9901 | €392,488 | €593,370 | +€200,882 | +51.2% |
| Financial income | 75/76B | €91,059 | €61,699 | -€29,360 | -32.2% |
| Recurring financial income | 75 | €91,059 | €61,699 | -€29,360 | -32.2% |
| Financial charges | 65/66B | €57,102 | €50,613 | -€6,490 | -11.4% |
| Recurring financial charges | 65 | €57,102 | €50,613 | -€6,490 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €426,445 | €604,457 | +€178,012 | +41.7% |
| Transfer from deferred taxes | 780 | €3,388 | €2,331 | -€1,057 | -31.2% |
| Income taxes | 67/77 | €122,621 | €154,362 | +€31,742 | +25.9% |
| Profit (loss) for the period | 9904 | €307,213 | €452,425 | +€145,213 | +47.3% |
| Transfer from tax-exempt reserves | 789 | €124,181 | €6,992 | -€117,189 | -94.4% |
| Profit (loss) for the period to be appropriated | 9905 | €431,394 | €459,417 | +€28,023 | +6.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.