Recruitify: 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.
Recruitify
Largest movements
- Financial fixed assets +€133,333
new in 2025: €133,333
- Cash -€20,720
down €20,720 (-32.4%), from €63,996 to €43,276
mainly Investment in fixed assets (net) (-€133,333) and Receivables within one year (-€7,429)
- Tangible fixed assets -€12,443
down €12,443 (-4.8%), from €257,364 to €244,920
of which Land and buildings: -€11,900
- Receivables within one year +€7,429
up €7,429 (+2054.0%), from €362 to €7,791
- Debts after one year +€61,497
up €61,497 (+27.5%), from €223,790 to €285,287
- Reserves +€45,695
up €45,695 (+124.6%), from €36,677 to €82,372
- Profit (loss) carried forward -€32,621
no longer reported in 2025 (was €32,621)
- Current portion of long-term debt +€19,109
up €19,109 (+205.9%), from €9,281 to €28,390
- Trade debts +€7,873
up €7,873 (+3029.4%), from €260 to €8,133
- Gross operating margin -€30,532
down €30,532 (-43.8%), from €69,753 to €39,221
- Financial charges -€9,741
down €9,741 (-54.1%), from €18,015 to €8,274
- Taxes -€4,322
down €4,322 (-51.5%), from €8,394 to €4,073
- Other operating charges -€4,182
down €4,182 (-75.5%), from €5,540 to €1,358
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 | €321,721 | €429,532 | +€107,811 | +33.5% |
| Fixed assets | 21/28 | €257,364 | €378,253 | +€120,890 | +47.0% |
| Tangible fixed assets | 22/27 | €257,364 | €244,920 | -€12,443 | -4.8% |
| Land and buildings | 22 | €256,138 | €244,238 | -€11,900 | -4.6% |
| Plant, machinery and equipment | 23 | €1,226 | €682 | -€543 | -44.3% |
| Financial fixed assets | 28 | - | €133,333 | +€133,333 | |
| Current assets | 29/58 | €64,358 | €51,279 | -€13,079 | -20.3% |
| Amounts receivable within one year | 40/41 | €362 | €7,791 | +€7,429 | +2054.0% |
| Trade receivables | 40 | €362 | €7,791 | +€7,429 | +2054.0% |
| Cash at bank and in hand | 54/58 | €63,996 | €43,276 | -€20,720 | -32.4% |
| Deferred charges and accrued income | 490/1 | - | €212 | +€212 | |
| Total equity and liabilities | 10/49 | €321,721 | €429,532 | +€107,811 | +33.5% |
| Equity | 10/15 | €73,799 | €86,872 | +€13,073 | +17.7% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Reserves | 13 | €36,677 | €82,372 | +€45,695 | +124.6% |
| Distributable reserves | 133 | €36,677 | €82,372 | +€45,695 | +124.6% |
| Profit (loss) carried forward | 14 | €32,621 | - | -€32,621 | |
| Amounts payable | 17/49 | €247,923 | €342,660 | +€94,738 | +38.2% |
| Amounts payable after more than one year | 17 | €223,790 | €285,287 | +€61,497 | +27.5% |
| Financial debts | 170/4 | €223,790 | €285,287 | +€61,497 | +27.5% |
| Amounts payable within one year | 42/48 | €24,132 | €57,373 | +€33,241 | +137.7% |
| Current portion of amounts payable after more than one year | 42 | €9,281 | €28,390 | +€19,109 | +205.9% |
| Financial debts | 43 | - | €186 | +€186 | |
| Credit institutions | 430/8 | - | €186 | +€186 | |
| Trade debts | 44 | €260 | €8,133 | +€7,873 | +3029.4% |
| Suppliers | 440/4 | €260 | €8,133 | +€7,873 | +3029.4% |
| Taxes, remuneration and social security | 45 | €14,591 | €20,665 | +€6,073 | +41.6% |
| Taxes | 450/3 | €12,931 | €20,060 | +€7,129 | +55.1% |
| Remuneration and social security | 454/9 | €1,660 | €604 | -€1,056 | -63.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,126 | €12,443 | -€682 | -5.2% |
| Other operating charges | 640/8 | €5,540 | €1,358 | -€4,182 | -75.5% |
| Gross operating margin | 9900 | €69,753 | €39,221 | -€30,532 | -43.8% |
| Operating profit (loss) | 9901 | €51,087 | €25,420 | -€25,667 | -50.2% |
| Financial charges | 65/66B | €18,015 | €8,274 | -€9,741 | -54.1% |
| Recurring financial charges | 65 | €18,015 | €8,274 | -€9,741 | -54.1% |
| Profit (loss) for the period before taxes | 9903 | €33,072 | €17,146 | -€15,926 | -48.2% |
| Income taxes | 67/77 | €8,394 | €4,073 | -€4,322 | -51.5% |
| Profit (loss) for the period | 9904 | €24,678 | €13,073 | -€11,605 | -47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,678 | €13,073 | -€11,605 | -47.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.