JUNITRANS: 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.
JUNITRANS
Largest movements
- Tangible fixed assets +€458,565
up €458,565 (+93.0%), from €493,138 to €951,704
of which Furniture and vehicles: +€515,502
- Receivables within one year +€445,446
up €445,446 (+83.5%), from €533,610 to €979,056
of which Other amounts receivable: +€496,031
- Cash +€96,762
up €96,762 (+97.6%), from €99,144 to €195,906
- Trade debts +€360,796
up €360,796 (+141.5%), from €254,965 to €615,760
- Debts after one year +€291,691
up €291,691 (+115.7%), from €252,038 to €543,729
- Current portion of long-term debt +€142,158
up €142,158 (+141.2%), from €100,662 to €242,820
- Reserves +€104,952
up €104,952 (+46.1%), from €227,525 to €332,477
of which Distributable reserves: +€104,952
- Investment grants +€81,726
new in 2025: €81,726
- Gross operating margin +€2.3m
up €2.3m (+115.7%), from €2.0m to €4.3m
- Staff costs +€1.9m
up €1.9m (+117.8%), from €1.6m to €3.5m
- Depreciation +€268,114
up €268,114 (+150.7%), from €177,861 to €445,975
- Financial charges +€87,985
up €87,985 (+193.2%), from €45,530 to €133,516
- Other operating charges +€74,048
up €74,048 (+583.2%), from €12,696 to €86,744
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,177,808 | €2,161,555 | +€983,747 | +83.5% |
| Fixed assets | 21/28 | €497,379 | €955,246 | +€457,867 | +92.1% |
| Intangible fixed assets | 21 | €2,306 | €1,373 | -€933 | -40.5% |
| Tangible fixed assets | 22/27 | €493,138 | €951,704 | +€458,565 | +93.0% |
| Plant, machinery and equipment | 23 | €32,107 | €56,427 | +€24,320 | +75.7% |
| Furniture and vehicles | 24 | €215,471 | €730,974 | +€515,502 | +239.2% |
| Leasing and similar rights | 25 | €245,560 | €164,303 | -€81,257 | -33.1% |
| Financial fixed assets | 28 | €1,935 | €2,170 | +€235 | +12.1% |
| Current assets | 29/58 | €680,428 | €1,206,309 | +€525,880 | +77.3% |
| Stocks and contracts in progress | 3 | €25,902 | €28,379 | +€2,478 | +9.6% |
| Stocks | 30/36 | €25,902 | €28,379 | +€2,478 | +9.6% |
| Amounts receivable within one year | 40/41 | €533,610 | €979,056 | +€445,446 | +83.5% |
| Trade receivables | 40 | €503,611 | €453,026 | -€50,584 | -10.0% |
| Other amounts receivable | 41 | €29,999 | €526,030 | +€496,031 | +1653.5% |
| Cash at bank and in hand | 54/58 | €99,144 | €195,906 | +€96,762 | +97.6% |
| Deferred charges and accrued income | 490/1 | €21,774 | €2,968 | -€18,806 | -86.4% |
| Total equity and liabilities | 10/49 | €1,177,808 | €2,161,555 | +€983,747 | +83.5% |
| Equity | 10/15 | €267,525 | €454,203 | +€186,678 | +69.8% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €227,525 | €332,477 | +€104,952 | +46.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €227,525 | €332,477 | +€104,952 | +46.1% |
| Investment grants | 15 | - | €81,726 | +€81,726 | |
| Provisions and deferred taxes | 16 | - | €27,242 | +€27,242 | |
| Deferred taxes | 168 | - | €27,242 | +€27,242 | |
| Amounts payable | 17/49 | €910,282 | €1,680,109 | +€769,827 | +84.6% |
| Amounts payable after more than one year | 17 | €252,038 | €543,729 | +€291,691 | +115.7% |
| Financial debts | 170/4 | €252,038 | €543,729 | +€291,691 | +115.7% |
| Amounts payable within one year | 42/48 | €656,089 | €1,136,380 | +€480,291 | +73.2% |
| Current portion of amounts payable after more than one year | 42 | €100,662 | €242,820 | +€142,158 | +141.2% |
| Financial debts | 43 | €24,305 | €60,923 | +€36,618 | +150.7% |
| Credit institutions | 430/8 | €24,305 | €60,923 | +€36,618 | +150.7% |
| Trade debts | 44 | €254,965 | €615,760 | +€360,796 | +141.5% |
| Suppliers | 440/4 | €254,965 | €615,760 | +€360,796 | +141.5% |
| Taxes, remuneration and social security | 45 | €275,523 | €216,877 | -€58,646 | -21.3% |
| Taxes | 450/3 | €48,216 | €1,850 | -€46,366 | -96.2% |
| Remuneration and social security | 454/9 | €227,307 | €215,027 | -€12,280 | -5.4% |
| Other amounts payable | 47/48 | €635 | €0 | -€635 | -100.0% |
| Accrued charges and deferred income | 492/3 | €2,155 | €0 | -€2,155 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €1,600,989 | €3,487,092 | +€1.9m | +117.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €177,861 | €445,975 | +€268,114 | +150.7% |
| Other operating charges | 640/8 | €12,696 | €86,744 | +€74,048 | +583.2% |
| Non-recurring operating charges | 66A | €35 | €2,325 | +€2,290 | +6544.1% |
| Gross operating margin | 9900 | €1,985,828 | €4,283,147 | +€2.3m | +115.7% |
| Operating profit (loss) | 9901 | €194,246 | €261,010 | +€66,764 | +34.4% |
| Financial income | 75/76B | €946 | €14,816 | +€13,871 | +1466.4% |
| Recurring financial income | 75 | €946 | €14,816 | +€13,871 | +1466.4% |
| Financial charges | 65/66B | €45,530 | €133,516 | +€87,985 | +193.2% |
| Recurring financial charges | 65 | €45,530 | €133,516 | +€87,985 | +193.2% |
| Profit (loss) for the period before taxes | 9903 | €149,661 | €142,311 | -€7,350 | -4.9% |
| Transfer from deferred taxes | 780 | - | €4,258 | +€4,258 | |
| Income taxes | 67/77 | €42,000 | €41,617 | -€383 | -0.9% |
| Profit (loss) for the period | 9904 | €107,661 | €104,952 | -€2,710 | -2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €107,661 | €104,952 | -€2,710 | -2.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.