M.A. PRIMEURS: 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.
M.A. PRIMEURS
Largest movements
- Stocks and contracts +€8,750
up €8,750 (+18.0%), from €48,729 to €57,479
- Cash +€4,623
up €4,623 (+109%), from €4,247 to €8,870
mainly Net result for the year (+€22,775) and Depreciation (+€462)
- Receivables within one year +€1,018
new in 2025: €1,018
- Profit (loss) carried forward +€22,775
up €22,775 (+86.6%), from €26,312 to €49,087
- Trade debts -€6,994
down €6,994 (-32.1%), from €21,801 to €14,808
- Tax, wage and social debts -€853
no longer reported in 2025 (was €853)
- Turnover +€146,378
up €146,378 (+36.8%), from €397,616 to €543,994
- Purchases and services +€137,118
up €137,118 (+36.9%), from €371,113 to €508,231
- Gross operating margin +€9,259
up €9,259 (+34.9%), from €26,503 to €35,763
- Staff costs +€6,251
up €6,251 (+4,301%), from €145 to €6,396
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €55,166 | €70,094 | +€14,929 | +27.1% |
| Fixed assets | 21/28 | €2,190 | €2,727 | +€538 | +24.6% |
| Tangible fixed assets | 22/27 | €1,952 | €2,490 | +€538 | +27.5% |
| Furniture and vehicles | 24 | €990 | €1,647 | +€658 | +66.5% |
| Other tangible fixed assets | 26 | €963 | €843 | -€120 | -12.5% |
| Financial fixed assets | 28 | €237 | €237 | = | 0.0% |
| Current assets | 29/58 | €52,976 | €67,367 | +€14,391 | +27.2% |
| Stocks and contracts in progress | 3 | €48,729 | €57,479 | +€8,750 | +18.0% |
| Stocks | 30/36 | €48,729 | €57,479 | +€8,750 | +18.0% |
| Amounts receivable within one year | 40/41 | - | €1,018 | +€1,018 | |
| Other amounts receivable | 41 | - | €1,018 | +€1,018 | |
| Cash at bank and in hand | 54/58 | €4,247 | €8,870 | +€4,623 | +109% |
| Total equity and liabilities | 10/49 | €55,166 | €70,094 | +€14,929 | +27.1% |
| Equity | 10/15 | €32,512 | €55,287 | +€22,775 | +70.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,312 | €49,087 | +€22,775 | +86.6% |
| Amounts payable | 17/49 | €22,654 | €14,808 | -€7,846 | -34.6% |
| Amounts payable within one year | 42/48 | €22,654 | €14,808 | -€7,846 | -34.6% |
| Trade debts | 44 | €21,801 | €14,808 | -€6,994 | -32.1% |
| Suppliers | 440/4 | €21,801 | €14,808 | -€6,994 | -32.1% |
| Taxes, remuneration and social security | 45 | €853 | - | -€853 | |
| Taxes | 450/3 | €853 | - | -€853 | |
| Turnover | 70 | €397,616 | €543,994 | +€146,378 | +36.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €371,113 | €508,231 | +€137,118 | +36.9% |
| Remuneration, social security and pensions | 62 | €145 | €6,396 | +€6,251 | +4,301% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €390 | €462 | +€72 | +18.6% |
| Other operating charges | 640/8 | €3,066 | €6,069 | +€3,003 | +98.0% |
| Gross operating margin | 9900 | €26,503 | €35,763 | +€9,259 | +34.9% |
| Operating profit (loss) | 9901 | €22,902 | €22,835 | -€67 | -0.3% |
| Financial charges | 65/66B | - | €60 | +€60 | |
| Recurring financial charges | 65 | - | €60 | +€60 | |
| Profit (loss) for the period before taxes | 9903 | €22,902 | €22,775 | -€127 | -0.6% |
| Income taxes | 67/77 | €70 | - | -€70 | |
| Profit (loss) for the period | 9904 | €22,832 | €22,775 | -€57 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,832 | €22,775 | -€57 | -0.2% |
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 20 October 2026 via checked.be.