CONFIDENCE RECRUITMENT: 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.
CONFIDENCE RECRUITMENT
Largest movements
- Receivables within one year -€5,306
down €5,306 (-8.6%), from €61,488 to €56,183
of which Trade receivables: -€19,468
- Cash -€4,735
down €4,735 (-61.8%), from €7,658 to €2,922
mainly Net result for the year (-€13,290) and Tax, wage and social debts (-€2,115)
- Tangible fixed assets -€833
down €833 (-33.3%), from €2,502 to €1,669
- Profit (loss) carried forward -€14,236
no longer reported in 2025 (was €14,236)
- Trade debts +€4,126
up €4,126 (+18.0%), from €22,909 to €27,034
- Tax, wage and social debts -€2,115
down €2,115 (-19.7%), from €10,740 to €8,625
of which Taxes: -€1,565
- Gross operating margin -€43,264
down €43,264, from €34,542 to -€8,723
- Taxes -€10,642
down €10,642, from €9,924 to -€718
- Other operating charges +€2,806
up €2,806 (+234%), from €1,201 to €4,007
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 | €72,544 | €61,081 | -€11,464 | -15.8% |
| Fixed assets | 21/28 | €2,659 | €1,826 | -€833 | -31.3% |
| Tangible fixed assets | 22/27 | €2,502 | €1,669 | -€833 | -33.3% |
| Furniture and vehicles | 24 | €2,502 | €1,669 | -€833 | -33.3% |
| Financial fixed assets | 28 | €156 | €156 | = | 0.0% |
| Current assets | 29/58 | €69,886 | €59,255 | -€10,631 | -15.2% |
| Amounts receivable within one year | 40/41 | €61,488 | €56,183 | -€5,306 | -8.6% |
| Trade receivables | 40 | €45,264 | €25,797 | -€19,468 | -43.0% |
| Other amounts receivable | 41 | €16,224 | €30,386 | +€14,162 | +87.3% |
| Cash at bank and in hand | 54/58 | €7,658 | €2,922 | -€4,735 | -61.8% |
| Deferred charges and accrued income | 490/1 | €740 | €150 | -€590 | -79.7% |
| Total equity and liabilities | 10/49 | €72,544 | €61,081 | -€11,464 | -15.8% |
| Equity | 10/15 | €32,836 | €18,600 | -€14,236 | -43.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,236 | - | -€14,236 | |
| Amounts payable | 17/49 | €39,708 | €42,481 | +€2,773 | +7.0% |
| Amounts payable within one year | 42/48 | €39,708 | €42,481 | +€2,773 | +7.0% |
| Financial debts | 43 | €5,476 | €6,159 | +€683 | +12.5% |
| Credit institutions | 430/8 | €5,476 | €6,159 | +€683 | +12.5% |
| Trade debts | 44 | €22,909 | €27,034 | +€4,126 | +18.0% |
| Suppliers | 440/4 | €22,909 | €27,034 | +€4,126 | +18.0% |
| Taxes, remuneration and social security | 45 | €10,740 | €8,625 | -€2,115 | -19.7% |
| Taxes | 450/3 | €8,540 | €6,975 | -€1,565 | -18.3% |
| Remuneration and social security | 454/9 | €2,200 | €1,650 | -€550 | -25.0% |
| Other amounts payable | 47/48 | €584 | €662 | +€78 | +13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €758 | €833 | +€75 | +9.9% |
| Other operating charges | 640/8 | €1,201 | €4,007 | +€2,806 | +234% |
| Gross operating margin | 9900 | €34,542 | -€8,723 | -€43,264 | |
| Operating profit (loss) | 9901 | €32,582 | -€13,563 | -€46,145 | |
| Financial income | 75/76B | €583 | €450 | -€133 | -22.8% |
| Recurring financial income | 75 | €583 | €450 | -€133 | -22.8% |
| Financial charges | 65/66B | €915 | €896 | -€20 | -2.2% |
| Recurring financial charges | 65 | €915 | €896 | -€20 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €32,250 | -€14,008 | -€46,258 | |
| Income taxes | 67/77 | €9,924 | -€718 | -€10,642 | |
| Profit (loss) for the period | 9904 | €22,326 | -€13,290 | -€35,616 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,326 | -€13,290 | -€35,616 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.