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JUNITAS: 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

JUNITAS

BE 0409.931.304
fiscal year 2019 against 2020filed annual accounts (NBB)
Net result for the year
-€13,541
2019 · -€99,407+€85,866
Equity
€3.1m
2019 · €3.0m+€59,578
Cash
€24,701
2019 · €49,270-€24,569
Balance sheet total
€3.7m
2019 · €3.7m+€23,558

Largest movements

2019 to 2020
Assets
  • Current assets +€79,489

    up €79,489 (+15.1%), from €527,808 to €607,297

    of which Receivables within one year: +€128,953

  • Tangible fixed assets -€55,931

    down €55,931 (-1.8%), from €3.1m to €3.1m

Equity and liabilities
  • Equity +€59,578

    up €59,578 (+2.0%), from €3.0m to €3.1m

Income statement
  • Gross operating margin +€65,473

    up €65,473 (+3.3%), from €2.0m to €2.0m

From the 2019 result to the 2020 result

effect on the 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 2019 -€99,407
Gross operating margin +€65,473
Depreciation -€3,815
Other operating items -€127,220
Financial charges +€802
Other financial items -€5,727
Taxes -€4,903
Deferred taxes and other +€161,256
Result 2020 -€13,541

Cash bridge derived

cash 2019 to 2020

Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.

Every line side by side 23 lines
Line Code 2019 2020 Change %
Total assets 20/58 €3,650,924 €3,674,482 +€23,558 +0.6%
Fixed assets 21/28 €3,123,116 €3,067,185 -€55,931 -1.8%
Tangible fixed assets 22/27 €3,123,116 €3,067,185 -€55,931 -1.8%
Current assets 29/58 €527,808 €607,297 +€79,489 +15.1%
Amounts receivable within one year 40/41 €211,081 €340,034 +€128,953 +61.1%
Current investments 50/53 €264,045 €240,836 -€23,209 -8.8%
Cash at bank and in hand 54/58 €49,270 €24,701 -€24,569 -49.9%
Total equity and liabilities 10/49 €3,650,924 €3,674,482 +€23,558 +0.6%
Equity 10/15 €2,998,940 €3,058,518 +€59,578 +2.0%
Profit (loss) carried forward 14 €817,670 €864,129 +€46,459 +5.7%
Amounts payable 17/49 €651,984 €615,964 -€36,020 -5.5%
Amounts payable after more than one year 17 €406,250 €381,250 -€25,000 -6.2%
Amounts payable within one year 42/48 €245,734 €229,874 -€15,860 -6.5%
Trade debts 44 €27,133 €5,039 -€22,094 -81.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €149,740 €153,555 +€3,815 +2.5%
Gross operating margin 9900 €1,964,476 €2,029,949 +€65,473 +3.3%
Operating profit (loss) 9901 €69,328 €3,766 -€65,562 -94.6%
Recurring financial income 75 €0 - =
Recurring financial charges 65 €7,479 €6,677 -€802 -10.7%
Profit (loss) for the period before taxes 9903 €61,849 -€8,638 -€70,487
Income taxes 67/77 - €4,903 +€4,903
Profit (loss) for the period 9904 -€99,407 -€13,541 +€85,866 +86.4%
Profit (loss) for the period to be appropriated 9905 -€99,407 -€13,541 +€85,866 +86.4%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.