JOB: 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.
JOB
Largest movements
- Receivables within one year -€31,541
down €31,541 (-83.5%), from €37,768 to €6,226
of which Trade receivables: -€32,073
- Cash -€28,219
down €28,219 (-96.2%), from €29,328 to €1,109
mainly Net result for the year (-€43,017) and Advances received (-€35,730)
- Tangible fixed assets -€8,306
down €8,306 (-23.5%), from €35,393 to €27,087
of which Other tangible fixed assets: -€8,104
- Deferred charges and accrued income -€5,563
down €5,563 (-76.7%), from €7,252 to €1,689
- Profit (loss) carried forward -€43,017
down €43,017 (-147.1%), from -€29,241 to -€72,258
- Advances received -€35,730
down €35,730 (-100.0%), from €35,730 to €0
- Short-term financial debts +€20,000
new in 2025: €20,000
- Trade debts -€10,499
down €10,499 (-45.5%), from €23,057 to €12,558
- Tax, wage and social debts -€3,614
down €3,614 (-11.9%), from €30,372 to €26,759
of which Remuneration and social security: -€3,614
- Staff costs +€43,112
up €43,112 (+15.2%), from €283,135 to €326,247
- Gross operating margin -€27,622
down €27,622 (-8.4%), from €329,079 to €301,457
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.
Cash bridge derived
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 | €116,127 | €42,387 | -€73,740 | -63.5% |
| Fixed assets | 21/28 | €35,393 | €27,087 | -€8,306 | -23.5% |
| Tangible fixed assets | 22/27 | €35,393 | €27,087 | -€8,306 | -23.5% |
| Plant, machinery and equipment | 23 | €950 | €585 | -€365 | -38.4% |
| Furniture and vehicles | 24 | €1,463 | €1,627 | +€164 | +11.2% |
| Other tangible fixed assets | 26 | €32,980 | €24,875 | -€8,104 | -24.6% |
| Current assets | 29/58 | €80,734 | €15,300 | -€65,434 | -81.0% |
| Stocks and contracts in progress | 3 | €6,386 | €6,275 | -€111 | -1.7% |
| Stocks | 30/36 | €6,386 | €6,275 | -€111 | -1.7% |
| Amounts receivable within one year | 40/41 | €37,768 | €6,226 | -€31,541 | -83.5% |
| Trade receivables | 40 | €35,256 | €3,183 | -€32,073 | -91.0% |
| Other amounts receivable | 41 | €2,511 | €3,043 | +€532 | +21.2% |
| Cash at bank and in hand | 54/58 | €29,328 | €1,109 | -€28,219 | -96.2% |
| Deferred charges and accrued income | 490/1 | €7,252 | €1,689 | -€5,563 | -76.7% |
| Total equity and liabilities | 10/49 | €116,127 | €42,387 | -€73,740 | -63.5% |
| Equity | 10/15 | -€10,641 | -€53,658 | -€43,017 | -404.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,241 | -€72,258 | -€43,017 | -147.1% |
| Amounts payable | 17/49 | €126,769 | €96,046 | -€30,723 | -24.2% |
| Amounts payable within one year | 42/48 | €126,639 | €96,046 | -€30,594 | -24.2% |
| Financial debts | 43 | - | €20,000 | +€20,000 | |
| Credit institutions | 430/8 | - | €20,000 | +€20,000 | |
| Trade debts | 44 | €23,057 | €12,558 | -€10,499 | -45.5% |
| Suppliers | 440/4 | €23,057 | €12,558 | -€10,499 | -45.5% |
| Advances received on contracts in progress | 46 | €35,730 | €0 | -€35,730 | -100.0% |
| Taxes, remuneration and social security | 45 | €30,372 | €26,759 | -€3,614 | -11.9% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €30,372 | €26,759 | -€3,614 | -11.9% |
| Other amounts payable | 47/48 | €37,481 | €36,729 | -€751 | -2.0% |
| Accrued charges and deferred income | 492/3 | €129 | €0 | -€129 | -100.0% |
| Non-recurring operating income | 76A | €10,326 | €2,371 | -€7,955 | -77.0% |
| Remuneration, social security and pensions | 62 | €283,135 | €326,247 | +€43,112 | +15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,243 | €9,179 | +€936 | +11.4% |
| Other operating charges | 640/8 | €3,370 | €4,119 | +€750 | +22.2% |
| Gross operating margin | 9900 | €329,079 | €301,457 | -€27,622 | -8.4% |
| Operating profit (loss) | 9901 | €34,332 | -€38,088 | -€72,419 | |
| Financial income | 75/76B | €264 | €9 | -€255 | -96.4% |
| Recurring financial income | 75 | €264 | €9 | -€255 | -96.4% |
| Financial charges | 65/66B | €5,626 | €4,939 | -€688 | -12.2% |
| Recurring financial charges | 65 | €5,626 | €4,939 | -€688 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | €28,969 | -€43,017 | -€71,986 | |
| Profit (loss) for the period | 9904 | €28,969 | -€43,017 | -€71,986 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,969 | -€43,017 | -€71,986 |
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 10 October 2026 via checked.be.