E-PRIMUS: 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.
E-PRIMUS
Largest movements
- Receivables within one year +€85,242
up €85,242 (+117.1%), from €72,780 to €158,022
of which Trade receivables: +€56,830
- Tangible fixed assets +€72,298
up €72,298 (+307.1%), from €23,543 to €95,841
of which Furniture and vehicles: +€72,858
- Deferred charges and accrued income +€26,817
new in 2025: €26,817
- Cash +€13,445
up €13,445 (+18.3%), from €73,648 to €87,093
mainly Trade debts (+€118,670) and Net result for the year (+€47,418)
- Trade debts +€118,670
up €118,670 (+11777.5%), from €1,008 to €119,678
- Profit (loss) carried forward +€47,418
up €47,418 (+30.9%), from €153,343 to €200,761
- Tax, wage and social debts +€17,300
up €17,300 (+131.9%), from €13,119 to €30,419
of which Taxes: +€15,097
- Current portion of long-term debt +€8,260
new in 2025: €8,260
- Debts after one year +€6,154
new in 2025: €6,154
- Staff costs +€41,155
new in 2025: €41,155
- Gross operating margin +€37,283
up €37,283 (+45.6%), from €81,820 to €119,103
- Depreciation +€20,475
up €20,475 (+240.4%), from €8,517 to €28,992
- Taxes -€17,208
no longer reported in 2025 (was €17,208)
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 | €169,970 | €367,773 | +€197,802 | +116.4% |
| Fixed assets | 21/28 | €23,543 | €95,841 | +€72,298 | +307.1% |
| Tangible fixed assets | 22/27 | €23,543 | €95,841 | +€72,298 | +307.1% |
| Plant, machinery and equipment | 23 | €3,812 | €3,252 | -€560 | -14.7% |
| Furniture and vehicles | 24 | €6,806 | €79,663 | +€72,858 | +1070.5% |
| Other tangible fixed assets | 26 | €12,925 | €12,925 | = | 0.0% |
| Current assets | 29/58 | €146,428 | €271,932 | +€125,504 | +85.7% |
| Amounts receivable within one year | 40/41 | €72,780 | €158,022 | +€85,242 | +117.1% |
| Trade receivables | 40 | €45,011 | €101,840 | +€56,830 | +126.3% |
| Other amounts receivable | 41 | €27,769 | €56,182 | +€28,413 | +102.3% |
| Cash at bank and in hand | 54/58 | €73,648 | €87,093 | +€13,445 | +18.3% |
| Deferred charges and accrued income | 490/1 | - | €26,817 | +€26,817 | |
| Total equity and liabilities | 10/49 | €169,970 | €367,773 | +€197,802 | +116.4% |
| Equity | 10/15 | €155,843 | €203,261 | +€47,418 | +30.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €153,343 | €200,761 | +€47,418 | +30.9% |
| Amounts payable | 17/49 | €14,127 | €164,511 | +€150,385 | +1064.5% |
| Amounts payable after more than one year | 17 | - | €6,154 | +€6,154 | |
| Financial debts | 170/4 | - | €6,154 | +€6,154 | |
| Amounts payable within one year | 42/48 | €14,127 | €158,357 | +€144,231 | +1021.0% |
| Current portion of amounts payable after more than one year | 42 | - | €8,260 | +€8,260 | |
| Trade debts | 44 | €1,008 | €119,678 | +€118,670 | +11777.5% |
| Suppliers | 440/4 | €1,008 | €119,678 | +€118,670 | +11777.5% |
| Taxes, remuneration and social security | 45 | €13,119 | €30,419 | +€17,300 | +131.9% |
| Taxes | 450/3 | €13,119 | €28,216 | +€15,097 | +115.1% |
| Remuneration and social security | 454/9 | - | €2,203 | +€2,203 | |
| Remuneration, social security and pensions | 62 | - | €41,155 | +€41,155 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,517 | €28,992 | +€20,475 | +240.4% |
| Other operating charges | 640/8 | €873 | €940 | +€67 | +7.7% |
| Gross operating margin | 9900 | €81,820 | €119,103 | +€37,283 | +45.6% |
| Operating profit (loss) | 9901 | €72,430 | €48,016 | -€24,413 | -33.7% |
| Financial charges | 65/66B | - | €599 | +€599 | |
| Recurring financial charges | 65 | - | €599 | +€599 | |
| Profit (loss) for the period before taxes | 9903 | €72,430 | €47,418 | -€25,012 | -34.5% |
| Income taxes | 67/77 | €17,208 | - | -€17,208 | |
| Profit (loss) for the period | 9904 | €55,221 | €47,418 | -€7,804 | -14.1% |
| Profit (loss) for the period to be appropriated | 9905 | €55,221 | €47,418 | -€7,804 | -14.1% |
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 1 October 2026 via checked.be.