It remains unclear whether social mobility is increasing in the advanced nations. The answer may depend on mobility patterns within very recent birth cohorts. We use the inter-generational module in the 2005 EUSILC which allows us to include more recent cohorts. Comparing across two Nordic and three Continental European countries, we estimate inter-generational mobility trends for sons both indirectly, via social origin effects on educational attainment, and directly in terms of adult income attainment. In line with other studies we find substantially more mobility in Scandinavia, but also that traditionally less mobile societies, like Spain, are moving towards greater equality. We focus particularly on non-linear relations. Most interestingly, we reveal evident asymmetries in the process of equalizing life chances, in Denmark. The disadvantages associated with low social class origins have largely disappeared, but the advantages related to privileged origins persist.