PR1MO: 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.
PR1MO
Largest movements
- Receivables within one year -€69,945
down €69,945 (-70.6%), from €99,056 to €29,111
of which Other amounts receivable: -€73,967
- Cash +€46,061
up €46,061 (+40.9%), from €112,511 to €158,573
mainly Receivables within one year (+€69,945) and Trade debts (+€51,605)
- Tangible fixed assets -€11,155
down €11,155 (-23.4%), from €47,639 to €36,484
of which Plant, machinery and equipment: -€7,221
- Financial fixed assets -€6,000
down €6,000 (-33.3%), from €18,000 to €12,000
- Profit (loss) carried forward -€120,283
down €120,283 (-71.7%), from €167,823 to €47,540
- Trade debts +€51,605
up €51,605 (+80.8%), from €63,839 to €115,444
- Other debts +€21,321
new in 2025: €21,321
- Tax, wage and social debts +€6,915
up €6,915 (+17.5%), from €39,431 to €46,346
of which Remuneration and social security: +€4,495
- Gross operating margin +€40,124
up €40,124 (+13.0%), from €308,862 to €348,986
- Staff costs +€25,060
up €25,060 (+9.7%), from €257,824 to €282,884
- Taxes +€12,474
new in 2025: €12,474
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 | €289,771 | €249,251 | -€40,520 | -14.0% |
| Fixed assets | 21/28 | €74,639 | €55,484 | -€19,155 | -25.7% |
| Intangible fixed assets | 21 | €9,000 | €7,000 | -€2,000 | -22.2% |
| Tangible fixed assets | 22/27 | €47,639 | €36,484 | -€11,155 | -23.4% |
| Plant, machinery and equipment | 23 | €25,719 | €18,498 | -€7,221 | -28.1% |
| Furniture and vehicles | 24 | €5,961 | €4,287 | -€1,674 | -28.1% |
| Other tangible fixed assets | 26 | €15,959 | €13,699 | -€2,260 | -14.2% |
| Financial fixed assets | 28 | €18,000 | €12,000 | -€6,000 | -33.3% |
| Current assets | 29/58 | €215,132 | €193,767 | -€21,365 | -9.9% |
| Stocks and contracts in progress | 3 | €3,000 | €5,803 | +€2,803 | +93.4% |
| Stocks | 30/36 | €3,000 | €5,803 | +€2,803 | +93.4% |
| Amounts receivable within one year | 40/41 | €99,056 | €29,111 | -€69,945 | -70.6% |
| Trade receivables | 40 | €300 | €4,322 | +€4,022 | +1341.0% |
| Other amounts receivable | 41 | €98,756 | €24,789 | -€73,967 | -74.9% |
| Cash at bank and in hand | 54/58 | €112,511 | €158,573 | +€46,061 | +40.9% |
| Deferred charges and accrued income | 490/1 | €565 | €280 | -€285 | -50.4% |
| Total equity and liabilities | 10/49 | €289,771 | €249,251 | -€40,520 | -14.0% |
| Equity | 10/15 | €186,423 | €66,140 | -€120,283 | -64.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €167,823 | €47,540 | -€120,283 | -71.7% |
| Amounts payable | 17/49 | €103,348 | €183,111 | +€79,763 | +77.2% |
| Amounts payable within one year | 42/48 | €103,348 | €183,111 | +€79,763 | +77.2% |
| Current portion of amounts payable after more than one year | 42 | €78 | - | -€78 | |
| Trade debts | 44 | €63,839 | €115,444 | +€51,605 | +80.8% |
| Suppliers | 440/4 | €63,839 | €115,444 | +€51,605 | +80.8% |
| Taxes, remuneration and social security | 45 | €39,431 | €46,346 | +€6,915 | +17.5% |
| Taxes | 450/3 | €20,311 | €22,730 | +€2,420 | +11.9% |
| Remuneration and social security | 454/9 | €19,120 | €23,615 | +€4,495 | +23.5% |
| Other amounts payable | 47/48 | - | €21,321 | +€21,321 | |
| Remuneration, social security and pensions | 62 | €257,824 | €282,884 | +€25,060 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,958 | €15,343 | -€2,615 | -14.6% |
| Other operating charges | 640/8 | €1,729 | €925 | -€804 | -46.5% |
| Gross operating margin | 9900 | €308,862 | €348,986 | +€40,124 | +13.0% |
| Operating profit (loss) | 9901 | €31,352 | €49,834 | +€18,483 | +59.0% |
| Financial income | 75/76B | €1 | €4 | +€3 | +235.8% |
| Recurring financial income | 75 | €1 | €4 | +€3 | +235.8% |
| Financial charges | 65/66B | €151 | €2,647 | +€2,497 | +1654.1% |
| Recurring financial charges | 65 | €151 | €2,647 | +€2,497 | +1654.1% |
| Profit (loss) for the period before taxes | 9903 | €31,202 | €47,191 | +€15,989 | +51.2% |
| Income taxes | 67/77 | - | €12,474 | +€12,474 | |
| Profit (loss) for the period | 9904 | €31,202 | €34,717 | +€3,515 | +11.3% |
| Profit (loss) for the period to be appropriated | 9905 | €31,202 | €34,717 | +€3,515 | +11.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.