ABSOLUTE@WORK: 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.
What changed
ABSOLUTE@WORK
NACE 78.200, Temporary employment agencies and other provision of personnel
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€43,385
2024 · €72,969-€29,584
Equity
€579,270
2024 · €1.1m-€527,415
Cash
€779,493
2024 · €770,889+€8,603
Balance sheet total
€4.7m
2024 · €4.6m+€104,740
Largest movements
Assets
- Receivables within one year +€162,847
up €162,847 (+5.1%), from €3.2m to €3.3m
of which Other amounts receivable: +€295,385
Equity and liabilities
- Reserves -€527,415
down €527,415 (-53.3%), from €988,685 to €461,270
- Other debts +€455,907
up €455,907 (+70.9%), from €642,932 to €1.1m
- Tax, wage and social debts +€109,127
up €109,127 (+5.2%), from €2.1m to €2.2m
of which Remuneration and social security: +€180,778
- Short-term financial debts +€101,444
up €101,444 (+27.5%), from €369,444 to €470,888
Income statement
- Turnover -€2.2m
down €2.2m (-9.6%), from €23.0m to €20.8m
- Staff costs -€2.1m
down €2.1m (-10.2%), from €20.5m to €18.4m
- Services and other goods -€360,138
down €360,138 (-11.8%), from €3.1m to €2.7m
- Other operating income -€328,128
down €328,128 (-30.2%), from €1.1m to €757,927
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.
Result 2024
€72,969
Turnover
-€2.2m
Other operating income
-€328,128
Services and other goods
+€360,138
Staff costs
+€2.1m
Depreciation
-€31,292
Write-downs
-€15,799
Other operating charges
-€2,910
Other operating items
+€54,352
Financial income
+€1,366
Financial charges
+€834
Taxes
+€31,325
Result 2025
€43,385
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€659,173
Investment
-€151,267
Financing
-€499,303
Cash 2024
€770,889
From operations (derived)
+€659,173
Net result for the year
+€43,385
Depreciation
+€218,299
Receivables within one year
-€162,847
Smaller working-capital items
-€1,172
Trade debts
-€3,526
Tax, wage and social debts
+€109,127
Other debts
+€455,907
Investment (derived)
-€151,267
Investment in fixed assets (net)
-€151,267
Financing
-€499,303
Current portion of long-term debt
-€29,947
Short-term financial debts
+€101,444
Contributions, distributions and other
-€570,800
Cash 2025
€779,493
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,609,427 | €4,714,167 | +€104,740 | +2.3% |
| Fixed assets | 21/28 | €655,566 | €588,534 | -€67,032 | -10.2% |
| Intangible fixed assets | 21 | €206,845 | €180,445 | -€26,400 | -12.8% |
| Tangible fixed assets | 22/27 | €375,891 | €366,426 | -€9,465 | -2.5% |
| Plant, machinery and equipment | 23 | €1,973 | €1,474 | -€499 | -25.3% |
| Furniture and vehicles | 24 | €144,444 | €167,427 | +€22,983 | +15.9% |
| Other tangible fixed assets | 26 | €229,474 | €197,525 | -€31,949 | -13.9% |
| Financial fixed assets | 28 | €72,830 | €41,663 | -€31,167 | -42.8% |
| Other financial fixed assets | 284/8 | €72,830 | €41,663 | -€31,167 | -42.8% |
| Amounts receivable and cash guarantees | 285/8 | €72,830 | €41,663 | -€31,167 | -42.8% |
| Current assets | 29/58 | €3,953,861 | €4,125,633 | +€171,772 | +4.3% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €3,178,472 | €3,341,319 | +€162,847 | +5.1% |
| Trade receivables | 40 | €2,903,515 | €2,770,977 | -€132,537 | -4.6% |
| Other amounts receivable | 41 | €274,957 | €570,342 | +€295,385 | +107% |
| Cash at bank and in hand | 54/58 | €770,889 | €779,493 | +€8,603 | +1.1% |
| Deferred charges and accrued income | 490/1 | €4,500 | €4,822 | +€322 | +7.1% |
| Total equity and liabilities | 10/49 | €4,609,427 | €4,714,167 | +€104,740 | +2.3% |
| Equity | 10/15 | €1,106,685 | €579,270 | -€527,415 | -47.7% |
| Contributions | 10/11 | €118,000 | €118,000 | = | 0.0% |
| Reserves | 13 | €988,685 | €461,270 | -€527,415 | -53.3% |
| Distributable reserves | 133 | €988,685 | €461,270 | -€527,415 | -53.3% |
| Amounts payable | 17/49 | €3,502,742 | €4,134,897 | +€632,155 | +18.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Credit institutions | 173 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €3,466,479 | €4,099,484 | +€633,005 | +18.3% |
| Current portion of amounts payable after more than one year | 42 | €29,947 | €0 | -€29,947 | -100% |
| Financial debts | 43 | €369,444 | €470,888 | +€101,444 | +27.5% |
| Credit institutions | 430/8 | €369,444 | €470,888 | +€101,444 | +27.5% |
| Trade debts | 44 | €335,077 | €331,551 | -€3,526 | -1.1% |
| Suppliers | 440/4 | €335,077 | €331,551 | -€3,526 | -1.1% |
| Taxes, remuneration and social security | 45 | €2,089,079 | €2,198,206 | +€109,127 | +5.2% |
| Taxes | 450/3 | €573,509 | €501,858 | -€71,650 | -12.5% |
| Remuneration and social security | 454/9 | €1,515,570 | €1,696,348 | +€180,778 | +11.9% |
| Other amounts payable | 47/48 | €642,932 | €1,098,839 | +€455,907 | +70.9% |
| Accrued charges and deferred income | 492/3 | €36,263 | €35,412 | -€850 | -2.3% |
| Operating income | 70/76A | €24,106,401 | €21,629,228 | -€2.5m | -10.3% |
| Turnover | 70 | €22,995,669 | €20,796,118 | -€2.2m | -9.6% |
| Other operating income | 74 | €1,086,055 | €757,927 | -€328,128 | -30.2% |
| Non-recurring operating income | 76A | €24,677 | €75,183 | +€50,506 | +205% |
| Operating charges | 60/66A | €23,857,071 | €21,443,007 | -€2.4m | -10.1% |
| Services and other goods | 61 | €3,064,353 | €2,704,216 | -€360,138 | -11.8% |
| Remuneration, social security and pensions | 62 | €20,527,009 | €18,426,926 | -€2.1m | -10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €187,007 | €218,299 | +€31,292 | +16.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €34,342 | €50,141 | +€15,799 | +46.0% |
| Other operating charges | 640/8 | €21,284 | €24,194 | +€2,910 | +13.7% |
| Non-recurring operating charges | 66A | €23,076 | €19,231 | -€3,845 | -16.7% |
| Operating profit (loss) | 9901 | €249,330 | €186,221 | -€63,109 | -25.3% |
| Financial income | 75/76B | €30,398 | €31,764 | +€1,366 | +4.5% |
| Recurring financial income | 75 | €30,398 | €31,764 | +€1,366 | +4.5% |
| Income from current assets | 751 | €29,964 | €31,764 | +€1,800 | +6.0% |
| Other financial income | 752/9 | €434 | €0 | -€434 | -100% |
| Financial charges | 65/66B | €108,276 | €107,442 | -€834 | -0.8% |
| Recurring financial charges | 65 | €108,276 | €107,442 | -€834 | -0.8% |
| Debt charges | 650 | €99,880 | €97,153 | -€2,727 | -2.7% |
| Other financial charges | 652/9 | €8,396 | €10,289 | +€1,893 | +22.5% |
| Profit (loss) for the period before taxes | 9903 | €171,452 | €110,544 | -€60,908 | -35.5% |
| Income taxes | 67/77 | €98,483 | €67,159 | -€31,325 | -31.8% |
| Taxes | 670/3 | €98,483 | €67,159 | -€31,325 | -31.8% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €72,969 | €43,385 | -€29,584 | -40.5% |
| Profit (loss) for the period to be appropriated | 9905 | €72,969 | €43,385 | -€29,584 | -40.5% |
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 15 October 2026 via checked.be.