JUNITH: 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.
JUNITH
Largest movements
- Tangible fixed assets -€32,209
down €32,209 (-5.1%), from €635,552 to €603,343
of which Land and buildings: -€33,934
- Cash -€11,828
down €11,828 (-25.1%), from €47,105 to €35,276
mainly Debts after one year (-€100,737) and Current portion of long-term debt (-€49,636)
- Debts after one year -€100,737
down €100,737 (-17.5%), from €576,076 to €475,339
of which Financial debts: -€100,737
- Profit (loss) carried forward +€54,399
up €54,399, from -€54,399 to €0
- Current portion of long-term debt -€49,636
down €49,636 (-49.5%), from €100,373 to €50,737
- Reserves +€49,111
up €49,111, from €0 to €49,111
of which Distributable reserves: +€49,111
- Short-term financial debts +€12,946
up €12,946 (+96.3%), from €13,441 to €26,387
- Gross operating margin +€33,414
up €33,414 (+18.7%), from €179,006 to €212,420
- Taxes +€12,498
up €12,498 (+38.2%), from €32,711 to €45,209
- Financial charges +€3,284
up €3,284 (+16.1%), from €20,419 to €23,703
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 | €723,816 | €681,623 | -€42,193 | -5.8% |
| Fixed assets | 21/28 | €635,552 | €603,343 | -€32,209 | -5.1% |
| Tangible fixed assets | 22/27 | €635,552 | €603,343 | -€32,209 | -5.1% |
| Land and buildings | 22 | €634,524 | €600,590 | -€33,934 | -5.3% |
| Plant, machinery and equipment | 23 | €1,028 | €735 | -€294 | -28.6% |
| Furniture and vehicles | 24 | - | €2,019 | +€2,019 | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €88,264 | €78,280 | -€9,984 | -11.3% |
| Amounts receivable within one year | 40/41 | €37,021 | €37,461 | +€440 | +1.2% |
| Trade receivables | 40 | €37,021 | €37,461 | +€440 | +1.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €47,105 | €35,276 | -€11,828 | -25.1% |
| Deferred charges and accrued income | 490/1 | €4,139 | €5,543 | +€1,405 | +33.9% |
| Total equity and liabilities | 10/49 | €723,816 | €681,623 | -€42,193 | -5.8% |
| Equity | 10/15 | -€35,799 | €67,711 | +€103,510 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €0 | €49,111 | +€49,111 | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | - | €49,111 | +€49,111 | |
| Profit (loss) carried forward | 14 | -€54,399 | €0 | +€54,399 | |
| Amounts payable | 17/49 | €759,616 | €613,913 | -€145,703 | -19.2% |
| Amounts payable after more than one year | 17 | €576,076 | €475,339 | -€100,737 | -17.5% |
| Financial debts | 170/4 | €376,076 | €275,339 | -€100,737 | -26.8% |
| Other amounts payable | 178/9 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €182,421 | €138,131 | -€44,290 | -24.3% |
| Current portion of amounts payable after more than one year | 42 | €100,373 | €50,737 | -€49,636 | -49.5% |
| Financial debts | 43 | €13,441 | €26,387 | +€12,946 | +96.3% |
| Credit institutions | 430/8 | €13,441 | €26,387 | +€12,946 | +96.3% |
| Trade debts | 44 | €30,874 | €28,683 | -€2,191 | -7.1% |
| Suppliers | 440/4 | €30,874 | €28,683 | -€2,191 | -7.1% |
| Taxes, remuneration and social security | 45 | €15,988 | €14,052 | -€1,936 | -12.1% |
| Taxes | 450/3 | €15,988 | €14,052 | -€1,936 | -12.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €21,744 | €18,271 | -€3,473 | -16.0% |
| Accrued charges and deferred income | 492/3 | €1,119 | €443 | -€676 | -60.4% |
| Non-recurring operating income | 76A | €4,250 | €0 | -€4,250 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,484 | €34,584 | +€100 | +0.3% |
| Other operating charges | 640/8 | €7,220 | €5,421 | -€1,800 | -24.9% |
| Gross operating margin | 9900 | €179,006 | €212,420 | +€33,414 | +18.7% |
| Operating profit (loss) | 9901 | €137,302 | €172,416 | +€35,113 | +25.6% |
| Financial income | 75/76B | €24 | €6 | -€18 | -75.2% |
| Recurring financial income | 75 | €24 | €6 | -€18 | -75.2% |
| Financial charges | 65/66B | €20,419 | €23,703 | +€3,284 | +16.1% |
| Recurring financial charges | 65 | €20,419 | €23,703 | +€3,284 | +16.1% |
| Profit (loss) for the period before taxes | 9903 | €116,908 | €148,719 | +€31,811 | +27.2% |
| Income taxes | 67/77 | €32,711 | €45,209 | +€12,498 | +38.2% |
| Profit (loss) for the period | 9904 | €84,196 | €103,510 | +€19,314 | +22.9% |
| Profit (loss) for the period to be appropriated | 9905 | €84,196 | €103,510 | +€19,314 | +22.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.