JobLink: 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.
JobLink
Largest movements
- Receivables within one year -€149,066
down €149,066 (-8.8%), from €1.7m to €1.5m
of which Trade receivables: -€202,931
- Cash -€67,304
down €67,304 (-27.9%), from €241,244 to €173,940
mainly Contributions, distributions and other (-€2.0m) and Tax, wage and social debts (-€218,726)
- Deferred charges and accrued income -€49,200
down €49,200 (-63.6%), from €77,361 to €28,161
- Reserves -€555,270
down €555,270 (-55.5%), from €1.0m to €444,872
- Other debts +€499,671
up €499,671 (+2379.4%), from €21,000 to €520,671
- Tax, wage and social debts -€218,726
down €218,726 (-32.1%), from €680,561 to €461,835
of which Remuneration and social security: -€138,858
- Trade debts +€55,286
up €55,286 (+10.4%), from €533,288 to €588,574
- Gross operating margin +€2.4m
up €2.4m (+26.3%), from €9.0m to €11.3m
- Staff costs +€2.0m
up €2.0m (+27.6%), from €7.2m to €9.2m
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 | €2,438,449 | €2,190,852 | -€247,596 | -10.2% |
| Fixed assets | 21/28 | €429,071 | €447,045 | +€17,974 | +4.2% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €422,364 | €440,393 | +€18,029 | +4.3% |
| Land and buildings | 22 | €229,285 | €216,467 | -€12,817 | -5.6% |
| Plant, machinery and equipment | 23 | €22,870 | €20,226 | -€2,644 | -11.6% |
| Furniture and vehicles | 24 | €20,146 | €18,239 | -€1,907 | -9.5% |
| Other tangible fixed assets | 26 | €150,064 | €185,460 | +€35,397 | +23.6% |
| Financial fixed assets | 28 | €6,707 | €6,652 | -€55 | -0.8% |
| Current assets | 29/58 | €2,009,377 | €1,743,807 | -€265,570 | -13.2% |
| Amounts receivable within one year | 40/41 | €1,690,772 | €1,541,706 | -€149,066 | -8.8% |
| Trade receivables | 40 | €1,327,616 | €1,124,685 | -€202,931 | -15.3% |
| Other amounts receivable | 41 | €363,156 | €417,020 | +€53,864 | +14.8% |
| Cash at bank and in hand | 54/58 | €241,244 | €173,940 | -€67,304 | -27.9% |
| Deferred charges and accrued income | 490/1 | €77,361 | €28,161 | -€49,200 | -63.6% |
| Total equity and liabilities | 10/49 | €2,438,449 | €2,190,852 | -€247,596 | -10.2% |
| Equity | 10/15 | €1,020,142 | €464,872 | -€555,270 | -54.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,000,142 | €444,872 | -€555,270 | -55.5% |
| Distributable reserves | 133 | €1,000,142 | €444,872 | -€555,270 | -55.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,418,306 | €1,725,980 | +€307,674 | +21.7% |
| Amounts payable after more than one year | 17 | €147,375 | €128,331 | -€19,044 | -12.9% |
| Financial debts | 170/4 | €147,375 | €128,331 | -€19,044 | -12.9% |
| Amounts payable within one year | 42/48 | €1,266,083 | €1,590,124 | +€324,041 | +25.6% |
| Current portion of amounts payable after more than one year | 42 | €31,233 | €19,044 | -€12,189 | -39.0% |
| Trade debts | 44 | €533,288 | €588,574 | +€55,286 | +10.4% |
| Suppliers | 440/4 | €533,288 | €588,574 | +€55,286 | +10.4% |
| Taxes, remuneration and social security | 45 | €680,561 | €461,835 | -€218,726 | -32.1% |
| Taxes | 450/3 | €209,964 | €130,096 | -€79,868 | -38.0% |
| Remuneration and social security | 454/9 | €470,597 | €331,739 | -€138,858 | -29.5% |
| Other amounts payable | 47/48 | €21,000 | €520,671 | +€499,671 | +2379.4% |
| Accrued charges and deferred income | 492/3 | €4,848 | €7,525 | +€2,677 | +55.2% |
| Remuneration, social security and pensions | 62 | €7,232,105 | €9,229,050 | +€2.0m | +27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,912 | €47,599 | +€10,687 | +29.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €27,382 | €6,453 | -€20,929 | -76.4% |
| Other operating charges | 640/8 | €9,293 | €8,231 | -€1,062 | -11.4% |
| Gross operating margin | 9900 | €8,969,188 | €11,327,458 | +€2.4m | +26.3% |
| Operating profit (loss) | 9901 | €1,663,496 | €2,036,124 | +€372,629 | +22.4% |
| Financial income | 75/76B | €14,080 | €17,345 | +€3,265 | +23.2% |
| Recurring financial income | 75 | €14,080 | €17,345 | +€3,265 | +23.2% |
| Financial charges | 65/66B | €23,590 | €25,170 | +€1,580 | +6.7% |
| Recurring financial charges | 65 | €23,590 | €25,170 | +€1,580 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | €1,653,986 | €2,028,300 | +€374,314 | +22.6% |
| Income taxes | 67/77 | €451,856 | €560,687 | +€108,831 | +24.1% |
| Profit (loss) for the period | 9904 | €1,202,129 | €1,467,613 | +€265,484 | +22.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,202,129 | €1,467,613 | +€265,484 | +22.1% |
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 11 October 2026 via checked.be.