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TWOFORONEJOB: 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.

What changed

TWOFORONEJOB

BE 0802.746.165
NACE 78.100, Employment placement agencies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€34,334
2024 · €70,859-€36,525
Equity
€156,423
2024 · €133,306+€23,117
Cash
€53,866
2024 · €59,439-€5,573
Balance sheet total
€210,100
2024 · €207,385+€2,715

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€55,010

    down €55,010 (-55.4%), from €99,220 to €44,210

    of which Trade receivables: -€55,192

  • Current investments +€50,000

    new in 2025: €50,000

  • Receivables after one year +€13,031

    up €13,031 (+46.5%), from €28,026 to €41,057

  • Cash -€5,573

    down €5,573 (-9.4%), from €59,439 to €53,866

    mainly Current investments (-€50,000) and Trade debts (-€20,218)

Equity and liabilities
  • Profit (loss) carried forward +€23,117

    up €23,117 (+17.6%), from €131,706 to €154,823

  • Trade debts -€20,218

    down €20,218 (-58.3%), from €34,669 to €14,451

Income statement
  • Gross operating margin -€45,102

    down €45,102 (-46.1%), from €97,878 to €52,776

  • Taxes -€9,548

    down €9,548 (-45.6%), from €20,930 to €11,382

  • Depreciation +€1,479

    up €1,479 (+25.9%), from €5,717 to €7,196

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €70,859
Gross operating margin -€45,102
Depreciation -€1,479
Other operating charges +€672
Financial income +€251
Financial charges -€416
Taxes +€9,548
Result 2025 €34,334

Cash bridge derived

cash 2024 to 2025

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.

From operations +€61,986
Investment -€56,343
Financing -€11,217
Cash 2024 €59,439
Net result for the year +€34,334
Depreciation +€7,196
Receivables after one year -€13,031
Receivables within one year +€55,010
Deferred charges and accrued income -€1,121
Trade debts -€20,218
Tax, wage and social debts -€302
Other debts +€118
Investment in fixed assets (net) -€6,343
Current investments -€50,000
Contributions, distributions and other -€11,217
Cash 2025 €53,866
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €207,385 €210,100 +€2,715 +1.3%
Fixed assets 21/28 €20,430 €19,576 -€853 -4.2%
Tangible fixed assets 22/27 €20,430 €19,576 -€853 -4.2%
Plant, machinery and equipment 23 €1,453 €2,711 +€1,258 +86.6%
Furniture and vehicles 24 €18,977 €15,998 -€2,979 -15.7%
Other tangible fixed assets 26 - €868 +€868
Current assets 29/58 €186,955 €190,524 +€3,569 +1.9%
Amounts receivable after more than one year 29 €28,026 €41,057 +€13,031 +46.5%
Other amounts receivable 291 €28,026 €41,057 +€13,031 +46.5%
Amounts receivable within one year 40/41 €99,220 €44,210 -€55,010 -55.4%
Trade receivables 40 €99,220 €44,028 -€55,192 -55.6%
Other amounts receivable 41 - €182 +€182
Current investments 50/53 - €50,000 +€50,000
Cash at bank and in hand 54/58 €59,439 €53,866 -€5,573 -9.4%
Deferred charges and accrued income 490/1 €270 €1,390 +€1,121 +415.2%
Total equity and liabilities 10/49 €207,385 €210,100 +€2,715 +1.3%
Equity 10/15 €133,306 €156,423 +€23,117 +17.3%
Contributions 10/11 €1,600 €1,600 = 0.0%
Profit (loss) carried forward 14 €131,706 €154,823 +€23,117 +17.6%
Amounts payable 17/49 €74,079 €53,677 -€20,402 -27.5%
Amounts payable within one year 42/48 €74,079 €53,677 -€20,402 -27.5%
Trade debts 44 €34,669 €14,451 -€20,218 -58.3%
Suppliers 440/4 €34,669 €14,451 -€20,218 -58.3%
Taxes, remuneration and social security 45 €37,809 €37,508 -€302 -0.8%
Taxes 450/3 €37,809 €37,508 -€302 -0.8%
Other amounts payable 47/48 €1,600 €1,718 +€118 +7.4%
Non-recurring operating income 76A - €620 +€620
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,717 €7,196 +€1,479 +25.9%
Other operating charges 640/8 €1,024 €352 -€672 -65.7%
Gross operating margin 9900 €97,878 €52,776 -€45,102 -46.1%
Operating profit (loss) 9901 €91,137 €45,228 -€45,909 -50.4%
Financial income 75/76B €751 €1,002 +€251 +33.4%
Recurring financial income 75 €751 €1,002 +€251 +33.4%
Financial charges 65/66B €99 €515 +€416 +422.1%
Recurring financial charges 65 €99 €515 +€416 +422.1%
Profit (loss) for the period before taxes 9903 €91,790 €45,716 -€46,074 -50.2%
Income taxes 67/77 €20,930 €11,382 -€9,548 -45.6%
Profit (loss) for the period 9904 €70,859 €34,334 -€36,525 -51.5%
Profit (loss) for the period to be appropriated 9905 €70,859 €34,334 -€36,525 -51.5%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.