PRIMAVERA (0419.983.472): financials and annual accounts

PRIMAVERA

Wellin ·KBO/BCE: BE 0419.983.472

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
Total assets`20/58`	12,884	12,855	15,768	15,876	15,543	15,594	16,260	20,062	24,772	26,311	30,783	37,254	35,633	52,617	87,856	68,909	68,645	126,887	159,221
Fixed assets`21/28`	177	410	644	-	-	-	106	682	1,332	3,758	6,213	6,507	9,328	12,251	16,913	20,307	22,901	31,582	41,492
Tangible fixed assets`22/27`	177	410	644	-	-	-	-	576	1,226	3,653	6,108	6,402	9,222	11,646	16,307	19,702	22,795	31,476	41,386
Plant, machinery and equipment`23`	-	-	-	-	-	-	-	576	1,226	1,461	3,108	5,579	8,050	10,124	13,215	16,305	19,395	22,680	25,237
Furniture and vehicles`24`	177	410	644	-	-	-	-	-	-	1,877	2,527	193	385	576	1,990	2,136	1,377	7,585	14,332
Other tangible fixed assets`26`	-	-	-	-	-	-	-	-	-	315	473	630	788	945	1,103	1,260	1,418	-	-
Financial fixed assets`28`	-	-	-	-	-	-	106	106	106	106	106	106	106	606	606	606	106	106	106
Current assets`29/58`	12,707	12,445	15,124	15,876	15,543	15,594	16,154	19,380	23,440	22,553	24,570	30,747	26,305	40,366	70,943	48,602	45,744	95,306	117,729
Stocks and contracts in progress`3`	12,301	12,301	15,117	15,117	15,117	15,117	15,117	15,117	20,920	21,394	20,817	20,817	19,486	19,386	18,059	35,461	25,721	30,087	26,979
Stocks`30/36`	12,301	12,301	15,117	15,117	15,117	15,117	15,117	15,117	20,920	21,394	20,817	20,817	19,486	19,386	18,059	35,461	25,721	30,087	26,979
Amounts receivable within one year`40/41`	125	144	-	170	338	477	1,029	4,262	2,465	1,158	2,614	7,782	5,793	20,443	52,014	13,140	18,929	64,553	89,745
Trade receivables`40`	-	-	-	-	200	200	200	3,734	2,465	881	1,738	7,782	4,927	20,054	45,502	9,206	18,929	49,610	84,452
Other amounts receivable`41`	125	144	-	170	138	277	829	528	-	277	877	-	865	389	6,512	3,934	-	14,943	5,293
Cash at bank and in hand`54/58`	281	0	7	588	88	-	8	1	54	2	1,138	1,572	464	-	-	-	-	-	324
Deferred charges and accrued income`490/1`	-	-	-	-	-	-	-	-	-	-	-	576	563	537	870	-	1,094	666	680
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	12,884	12,855	15,768	15,876	15,543	15,594	16,260	20,062	24,772	26,311	30,783	37,254	35,633	52,617	87,856	68,909	68,645	126,887	159,221
Equity`10/15`	-159,645	-155,637	-153,446	-152,441	-153,005	-157,007	-151,721	-153,245	-152,845	-152,159	-138,106	-127,807	-153,620	-197,269	-184,079	-173,168	-152,429	-52,526	-14,999
Contributions`10/11`	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000
Capital`10`	62,000	62,000	62,000	62,000	62,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issued capital`100`	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000
Reserves`13`	22,091	22,091	22,091	22,091	22,091	22,091	22,091	22,091	22,091	22,091	22,091	22,091	22,091	22,091	22,091	22,091	22,091	22,091	22,091
Non-distributable reserves`130/1`	3,099	3,099	3,099	3,099	3,099	3,099	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	3,099	3,099	3,099	3,099	3,099	3,099	3,099	3,099	3,099	3,099	3,099	3,099	3,099	3,099	3,099	3,099	3,099	3,099	3,099
Tax-exempt reserves`132`	4,145	4,145	4,145	4,145	4,145	4,145	4,145	4,145	4,145	4,145	4,145	4,145	4,145	4,145	4,145	4,145	4,145	4,145	4,145
Distributable reserves`133`	14,847	14,847	14,847	14,847	14,847	14,847	14,847	14,847	14,847	14,847	14,847	14,847	14,847	14,847	14,847	14,847	14,847	14,847	14,847
Profit (loss) carried forward`14`	-243,735	-239,728	-237,537	-236,532	-237,095	-241,098	-235,811	-237,336	-236,936	-236,249	-222,197	-211,897	-237,711	-281,360	-268,170	-257,259	-236,520	-136,616	-99,089
Amounts payable`17/49`	172,529	168,492	169,214	168,317	168,548	172,602	167,980	173,307	177,617	178,470	168,889	165,061	189,254	249,886	271,935	242,076	221,074	179,413	174,219
Amounts payable after more than one year`17`	-	-	-	-	-	-	-	-	-	39,261	39,261	39,261	39,261	39,261	39,261	44,720	49,861	55,855	7,820
Financial debts`170/4`	-	-	-	-	-	-	-	-	-	-	-	-	-	39,261	39,261	44,720	49,861	55,855	7,820
Other amounts payable`178/9`	-	-	-	-	-	-	-	-	-	39,261	39,261	39,261	39,261	-	-	-	-	-	-
Amounts payable within one year`42/48`	172,529	168,492	169,214	168,317	168,548	172,602	167,980	173,307	177,617	139,209	129,628	125,800	149,993	208,655	230,731	195,393	164,817	116,377	156,953
Current portion of amounts payable after more than one year`42`	-	-	-	-	-	-	-	-	-	8,060	8,060	8,060	8,060	8,060	8,060	5,142	5,994	11,232	7,016
Financial debts`43`	-	39	-	-	33	76	24	21	-	12	70,086	63,737	63,989	57,372	61,088	62,143	51,387	57,054	60,605
Credit institutions`430/8`	-	39	-	-	33	76	24	21	-	12	70,086	63,737	63,989	57,372	61,088	62,143	51,387	57,054	60,605
Trade debts`44`	2,590	3,201	3,240	2,933	5,131	5,021	3,786	5,124	7,041	3,341	4,989	8,185	10,060	29,254	44,766	28,968	50,336	44,126	61,221
Suppliers`440/4`	2,590	3,201	3,240	2,933	5,131	5,021	3,786	5,124	7,041	3,341	4,989	8,185	10,060	29,254	44,766	28,968	50,336	44,126	61,221
Taxes, remuneration and social security`45`	-	-	5	-	-	-	-	-	93	-	-	533	-	-	543	-	1,761	3,966	5,150
Taxes`450/3`	-	-	5	-	-	-	-	-	93	-	-	533	-	-	543	-	1,761	-	-
Remuneration and social security`454/9`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,966	5,150
Other amounts payable`47/48`	169,939	165,252	165,969	165,384	163,384	167,504	164,170	168,162	170,483	127,796	46,494	45,285	67,884	113,970	116,275	99,140	55,339	-	22,962
Accrued charges and deferred income`492/3`	-	-	-	-	-	-	-	-	-	-	-	-	-	1,970	1,943	1,964	6,396	7,181	9,446
Income statement
Turnover`70`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	506,677
Non-recurring operating income`76A`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,425	-	-
Gross operating margin`9900`	-3,378	1,381	-458	920	4,497	-4,460	2,981	5,936	3,104	-3,589	3,383	37,858	57,128	918	4,721	-7,786	-58,586	22,388	38,171
Goods, raw materials, services and sundry goods`60/61`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	472,674
Remuneration, social security and pensions`62`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17,007	39,911	35,619
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	233	233	56	-	-	-	576	650	650	2,455	3,471	2,821	3,001	4,662	5,123	5,397	11,454	11,867	12,853
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	2,817	-	-	-	-	-	4,851	-	-	-	-	-	-	-	-	-	-	-
Other operating charges`640/8`	-	100	100	-	100	175	300	300	811	648	1,113	825	1,049	1,225	1,204	5,115	2,777	326	434
Non-recurring operating charges`66A`	-	-	-	-	-	-	-	-	1,776	-	-	-	-	-	-	-	1,645	-	-
Operating profit (loss)`9901`	-3,612	-1,769	-615	920	4,397	-4,635	2,105	135	-133	-6,692	-1,201	34,212	53,078	-4,969	-1,606	-18,297	-89,823	-29,716	-10,735
Financial income`75/76B`	-	2	-	-	-	-	-	19	1	2	4	22	5	631	658	9,778	47	500	270
Recurring financial income`75`	-	2	-	-	-	-	-	19	1	2	4	22	5	631	658	9,778	47	500	270
Financial charges`65/66B`	396	423	391	357	394	651	581	554	555	7,362	9,103	8,420	9,371	8,852	9,963	12,219	9,908	8,311	8,275
Recurring financial charges`65`	396	423	391	357	394	651	581	554	555	7,362	9,103	8,420	9,371	8,852	9,963	12,219	9,908	8,311	8,275
Profit (loss) for the period before taxes`9903`	-4,008	-2,190	-1,005	563	4,003	-5,286	1,524	-400	-686	-14,052	-10,300	25,814	43,712	-13,190	-10,912	-20,739	-99,904	-37,527	-18,739
Income taxes`67/77`	-	-	-	-	-	-	-	-	-	-	-	-	63	-	-	-	-	-	-
Profit (loss) for the period`9904`	-4,008	-2,190	-1,005	563	4,003	-5,286	1,524	-400	-686	-14,052	-10,300	25,814	43,649	-13,190	-10,912	-20,739	-99,904	-37,527	-18,739
Profit (loss) for the period to be appropriated`9905`	-4,008	-2,190	-1,005	563	4,003	-5,286	1,524	-400	-686	-14,052	-10,300	25,814	43,649	-13,190	-10,912	-20,739	-99,904	-37,527	-18,739
Appropriation of the result
Profit (loss) to be appropriated`9906`	-243,735	-239,728	-237,537	-236,532	-237,095	-241,098	-235,811	-237,336	-236,936	-236,249	-222,197	-211,897	-237,711	-281,360	-268,170	-257,259	-236,520	-136,616	-99,089
Profit (loss) brought forward from the previous period`14P`	-239,728	-237,537	-236,532	-237,095	-241,098	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.3	1.1	1.2
Hours worked`1013`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	556	1,816	1,672
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
30-09-2025	abbreviated format	15-06-2026	2026-00174630	PDF
30-09-2024	micro format	08-05-2025	2025-00091384	PDF
30-09-2023	micro format	08-05-2024	2024-00084425	PDF
30-09-2022	micro format	03-05-2023	2023-00076632	PDF
30-09-2021	micro format	11-05-2022	2022-20024456	PDF
30-09-2020	micro format	25-05-2021	2021-14900377	PDF
30-09-2019	micro format	11-05-2020	2020-11800323	PDF
30-09-2018	micro format	30-08-2019	2019-55400079	PDF
30-09-2017	micro format	19-09-2018	2018-63200150	PDF
30-09-2016	full format	21-08-2017	2017-44500153	PDF
30-09-2015	full format	22-04-2016	2016-10300376	PDF
30-09-2014	full format	07-05-2015	2015-11300594	PDF
30-09-2013	full format	02-05-2014	2014-10700539	PDF
30-09-2012	full format	25-04-2013	2013-09600253	PDF
30-09-2011	full format	08-05-2012	2012-10800140	PDF
30-09-2010	full format	06-04-2011	2011-07800442	PDF
30-09-2009	full format	29-04-2010	2010-10100166	PDF
30-09-2008	full format	26-03-2009	2009-08600333	PDF
30-09-2007	full format	14-03-2008	2008-07100161	PDF
30-09-2006	full format	14-03-2007	2007-07303710	PDF
30-09-2005	full format	06-03-2006	2006-06500001	PDF
30-09-2004	full format	07-03-2005	2005-07002202	PDF
30-09-2003	full format	16-03-2004	2004-07401554	PDF
30-09-2002	full format	05-03-2003	2003-06201212	PDF
30-09-2001	full format	11-03-2002	2002-06102467	PDF
30-09-2000	full format	16-03-2001	2001-06701537	PDF
30-09-1999	full format	07-04-2000	2000-09100105	PDF
30-09-1998	full format	30-04-1999	1999-08900181	PDF
30-09-1997	full format	13-03-1998	1998-04401370	PDF
30-09-1996	full format	01-04-1997	1997-05102722	PDF
31-12-1995	full format	03-07-1996	1996-27901213	PDF
31-12-1994	full format	30-06-1995	1995-33602675	PDF
31-12-1993	full format	05-09-1994	1994-38600278	PDF
31-12-1992	full format	15-11-1993	1993-42902692	PDF
31-12-1991	full format	08-07-1992	1992-20502733	PDF
31-12-1989	full format	06-07-1990	1990-15801004	PDF
31-12-1988	full format	16-08-1989	1989-20300944	PDF
31-12-1987	full format	27-06-1988	1988-10602155	PDF
31-12-1986	full format	27-08-1987	1987-20900413	PDF
31-12-1985	full format	22-09-1986	1986-38701105	PDF
31-12-1984	full format	11-07-1985	1985-23102009	PDF
31-12-1983	unclassified schema	25-06-1984	1984-07301271	PDF
31-12-1982	unclassified schema	06-07-1983	1983-08500530	PDF
31-12-1981	unclassified schema	05-08-1982	1982-10600118	PDF
31-12-1980	unclassified schema	27-07-1981	1981-09702026	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
EBITDA	-3,378	-1,536	-558	-	-	-	2,681	785	517	-4,238	2,270	37,033	56,079	-307	3,517	-12,900	-78,370	-17,849	2,119
Cash flow	-3,775	-1,957	-949	-	-	-	2,101	250	-36	-11,598	-6,829	28,634	46,650	-8,528	-5,788	-15,342	-88,450	-25,660	-5,886
Investment in fixed assets (approximation)	0	0	700	-	-	-	0	0	-1,776	0	3,177	0	578	0	1,729	2,803	2,773	1,957	3,858
Change in cash	281	-7	-581	500	-	-	7	-54	53	-1,137	-433	1,108	-	-	-	-	-	-	-
Working capital	-159,822	-156,047	-154,090	-152,441	-153,005	-157,007	-151,826	-153,927	-154,177	-116,656	-105,058	-95,053	-123,687	-168,289	-159,788	-146,791	-119,073	-21,072	-39,224
EBIT margin	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2.1%
Solvency	-	-	-973.2%	-960.2%	-984.4%	-	-933.1%	-763.9%	-617.0%	-578.3%	-448.6%	-343.1%	-431.1%	-374.9%	-209.5%	-251.3%	-222.1%	-41.4%	-9.4%
Current ratio	0.07	0.07	0.09	0.09	0.09	0.09	0.10	0.11	0.13	0.16	0.19	0.24	0.18	0.19	0.31	0.25	0.28	0.82	0.75
Quick ratio	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.02	0.01	0.01	0.03	0.08	0.05	0.10	0.23	0.07	0.12	0.56	0.58
ROA	-31.1%	-17.0%	-6.4%	3.5%	25.8%	-33.9%	9.4%	-2.0%	-2.8%	-53.4%	-33.5%	69.3%	122.5%	-25.1%	-12.4%	-30.1%	-145.5%	-29.6%	-11.8%
Interest coverage	-8.52	-3.63	-1.43	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer credit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	61 days
Supplier credit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	47 days

Item	30-09-2025	30-09-2024	30-09-2023	30-09-2022	30-09-2021
Tangible fixed assets	-	-	€700	-	-
Depreciation and write-downs of the year	€233	€233	€56	-	-

PRIMAVERA

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency-

Current ratio0.07

Return on assets-31.1%

Staff

Staff cost per FTE

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on PRIMAVERA

Next steps