PRIMALINO: 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.
PRIMALINO
Largest movements
- Tangible fixed assets -€19,209
down €19,209 (-2.6%), from €730,289 to €711,080
- Debts after one year -€42,072
down €42,072 (-8.3%), from €508,505 to €466,432
of which Financial debts: -€42,072
- Reserves +€25,594
up €25,594 (+13.8%), from €184,946 to €210,540
of which Distributable reserves: +€25,594
- Gross operating margin +€2,427
up €2,427 (+3.1%), from €79,193 to €81,619
- Financial charges -€1,340
down €1,340 (-7.2%), from €18,515 to €17,175
- Other operating charges +€1,035
up €1,035 (+15.7%), from €6,575 to €7,610
- Taxes +€922
up €922 (+8.3%), from €11,148 to €12,070
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 | €747,250 | €726,584 | -€20,666 | -2.8% |
| Fixed assets | 21/28 | €730,289 | €711,080 | -€19,209 | -2.6% |
| Tangible fixed assets | 22/27 | €730,289 | €711,080 | -€19,209 | -2.6% |
| Land and buildings | 22 | €730,289 | €711,080 | -€19,209 | -2.6% |
| Current assets | 29/58 | €16,961 | €15,504 | -€1,457 | -8.6% |
| Amounts receivable within one year | 40/41 | €866 | €866 | = | 0.0% |
| Other amounts receivable | 41 | €866 | €866 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €15,984 | €14,372 | -€1,612 | -10.1% |
| Deferred charges and accrued income | 490/1 | €111 | €266 | +€155 | +139.9% |
| Total equity and liabilities | 10/49 | €747,250 | €726,584 | -€20,666 | -2.8% |
| Equity | 10/15 | €191,146 | €216,740 | +€25,594 | +13.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €184,946 | €210,540 | +€25,594 | +13.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €183,086 | €208,680 | +€25,594 | +14.0% |
| Amounts payable | 17/49 | €556,104 | €509,844 | -€46,261 | -8.3% |
| Amounts payable after more than one year | 17 | €508,505 | €466,432 | -€42,072 | -8.3% |
| Financial debts | 170/4 | €486,755 | €444,682 | -€42,072 | -8.6% |
| Other amounts payable | 178/9 | €21,750 | €21,750 | = | 0.0% |
| Amounts payable within one year | 42/48 | €47,600 | €43,411 | -€4,188 | -8.8% |
| Current portion of amounts payable after more than one year | 42 | €40,684 | €42,072 | +€1,388 | +3.4% |
| Trade debts | 44 | €1,180 | €425 | -€755 | -64.0% |
| Suppliers | 440/4 | €1,180 | €425 | -€755 | -64.0% |
| Taxes, remuneration and social security | 45 | €5,063 | €59 | -€5,004 | -98.8% |
| Taxes | 450/3 | €5,063 | €59 | -€5,004 | -98.8% |
| Other amounts payable | 47/48 | €673 | €856 | +€183 | +27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,113 | €19,209 | +€96 | +0.5% |
| Other operating charges | 640/8 | €6,575 | €7,610 | +€1,035 | +15.7% |
| Gross operating margin | 9900 | €79,193 | €81,619 | +€2,427 | +3.1% |
| Operating profit (loss) | 9901 | €53,505 | €54,801 | +€1,296 | +2.4% |
| Financial income | 75/76B | €48 | €39 | -€8 | -17.8% |
| Recurring financial income | 75 | €48 | €39 | -€8 | -17.8% |
| Financial charges | 65/66B | €18,515 | €17,175 | -€1,340 | -7.2% |
| Recurring financial charges | 65 | €18,515 | €17,175 | -€1,340 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €35,037 | €37,665 | +€2,628 | +7.5% |
| Income taxes | 67/77 | €11,148 | €12,070 | +€922 | +8.3% |
| Profit (loss) for the period | 9904 | €23,889 | €25,594 | +€1,705 | +7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €23,889 | €25,594 | +€1,705 | +7.1% |
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 30 September 2026 via checked.be.