JUNTOS MANAGEMENT: 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.
JUNTOS MANAGEMENT
Largest movements
- Cash +€54,383
up €54,383 (+416%), from €13,078 to €67,461
mainly Net result for the year (+€30,211) and Trade debts (+€16,617)
- Tangible fixed assets -€15,333
down €15,333 (-3.9%), from €396,077 to €380,744
of which Land and buildings: -€10,735
- Reserves +€30,211
up €30,211 (+56.8%), from €53,178 to €83,389
- Debts after one year -€17,341
down €17,341 (-6.0%), from €287,686 to €270,345
- Trade debts +€16,617
up €16,617 (+130%), from €12,756 to €29,373
- Tax, wage and social debts +€9,986
up €9,986 (+138%), from €7,217 to €17,203
of which Taxes: +€10,840
- Other debts +€5,162
up €5,162 (+14.1%), from €36,707 to €41,869
- Gross operating margin +€23,377
up €23,377 (+43.8%), from €53,346 to €76,723
- Taxes +€12,522
up €12,522 (+330%), from €3,795 to €16,317
- Depreciation +€927
up €927 (+6.0%), from €15,480 to €16,407
- Financial income +€796
up €796 (+39,813%), from €2 to €798
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 | €431,265 | €473,617 | +€42,351 | +9.8% |
| Fixed assets | 21/28 | €396,077 | €380,744 | -€15,333 | -3.9% |
| Tangible fixed assets | 22/27 | €396,077 | €380,744 | -€15,333 | -3.9% |
| Land and buildings | 22 | €379,062 | €368,326 | -€10,735 | -2.8% |
| Plant, machinery and equipment | 23 | €10,796 | €8,605 | -€2,190 | -20.3% |
| Furniture and vehicles | 24 | €6,220 | €3,812 | -€2,408 | -38.7% |
| Current assets | 29/58 | €35,188 | €92,873 | +€57,685 | +164% |
| Stocks and contracts in progress | 3 | €885 | €0 | -€885 | -100% |
| Stocks | 30/36 | €885 | €0 | -€885 | -100% |
| Amounts receivable within one year | 40/41 | €18,286 | €20,949 | +€2,663 | +14.6% |
| Trade receivables | 40 | €17,980 | €19,859 | +€1,878 | +10.4% |
| Other amounts receivable | 41 | €305 | €1,090 | +€785 | +257% |
| Cash at bank and in hand | 54/58 | €13,078 | €67,461 | +€54,383 | +416% |
| Deferred charges and accrued income | 490/1 | €2,939 | €4,463 | +€1,523 | +51.8% |
| Total equity and liabilities | 10/49 | €431,265 | €473,617 | +€42,351 | +9.8% |
| Equity | 10/15 | €67,273 | €97,484 | +€30,211 | +44.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €53,178 | €83,389 | +€30,211 | +56.8% |
| Distributable reserves | 133 | €53,178 | €83,389 | +€30,211 | +56.8% |
| Profit (loss) carried forward | 14 | €13,096 | €13,096 | = | 0.0% |
| Amounts payable | 17/49 | €363,992 | €376,132 | +€12,140 | +3.3% |
| Amounts payable after more than one year | 17 | €287,686 | €270,345 | -€17,341 | -6.0% |
| Financial debts | 170/4 | €287,686 | €270,345 | -€17,341 | -6.0% |
| Amounts payable within one year | 42/48 | €76,306 | €105,787 | +€29,481 | +38.6% |
| Current portion of amounts payable after more than one year | 42 | €19,625 | €17,341 | -€2,284 | -11.6% |
| Trade debts | 44 | €12,756 | €29,373 | +€16,617 | +130% |
| Suppliers | 440/4 | €12,756 | €29,373 | +€16,617 | +130% |
| Taxes, remuneration and social security | 45 | €7,217 | €17,203 | +€9,986 | +138% |
| Taxes | 450/3 | €6,363 | €17,203 | +€10,840 | +170% |
| Remuneration and social security | 454/9 | €854 | €0 | -€854 | -100% |
| Other amounts payable | 47/48 | €36,707 | €41,869 | +€5,162 | +14.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,480 | €16,407 | +€927 | +6.0% |
| Other operating charges | 640/8 | €2,789 | €3,089 | +€301 | +10.8% |
| Gross operating margin | 9900 | €53,346 | €76,723 | +€23,377 | +43.8% |
| Operating profit (loss) | 9901 | €35,077 | €57,227 | +€22,150 | +63.1% |
| Financial income | 75/76B | €2 | €798 | +€796 | +39,813% |
| Recurring financial income | 75 | €2 | €798 | +€796 | +39,813% |
| Financial charges | 65/66B | €10,980 | €11,497 | +€517 | +4.7% |
| Recurring financial charges | 65 | €10,980 | €11,497 | +€517 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €24,099 | €46,529 | +€22,429 | +93.1% |
| Income taxes | 67/77 | €3,795 | €16,317 | +€12,522 | +330% |
| Profit (loss) for the period | 9904 | €20,304 | €30,211 | +€9,907 | +48.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,304 | €30,211 | +€9,907 | +48.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.