PRIMATECH: 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.
PRIMATECH
Largest movements
- Receivables within one year +€286,469
up €286,469 (+55.0%), from €520,784 to €807,253
of which Trade receivables: +€184,893
- Cash -€172,955
down €172,955 (-55.8%), from €310,179 to €137,224
mainly Contributions, distributions and other (-€352,941) and Receivables within one year (-€286,469)
- Tangible fixed assets +€10,739
up €10,739 (+28.3%), from €37,949 to €48,688
of which Furniture and vehicles: +€12,394
- Other debts +€311,191
up €311,191 (+829%), from €37,522 to €348,713
- Reserves -€150,215
down €150,215 (-30.3%), from €495,648 to €345,433
of which Distributable reserves: -€150,215
- Trade debts -€96,418
down €96,418 (-34.6%), from €278,410 to €181,993
- Tax, wage and social debts +€60,107
up €60,107 (+154%), from €39,138 to €99,245
of which Remuneration and social security: +€38,167
- Gross operating margin +€108,233
up €108,233 (+22.3%), from €484,562 to €592,795
- Staff costs +€57,799
up €57,799 (+24.6%), from €234,799 to €292,597
- Taxes +€8,649
up €8,649 (+14.7%), from €58,938 to €67,587
- Other operating charges -€7,269
down €7,269 (-83.6%), from €8,696 to €1,427
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 | €869,866 | €993,984 | +€124,118 | +14.3% |
| Fixed assets | 21/28 | €38,769 | €49,508 | +€10,739 | +27.7% |
| Tangible fixed assets | 22/27 | €37,949 | €48,688 | +€10,739 | +28.3% |
| Plant, machinery and equipment | 23 | €1,980 | €324 | -€1,655 | -83.6% |
| Furniture and vehicles | 24 | €35,969 | €48,363 | +€12,394 | +34.5% |
| Financial fixed assets | 28 | €820 | €820 | = | 0.0% |
| Current assets | 29/58 | €831,097 | €944,476 | +€113,379 | +13.6% |
| Amounts receivable within one year | 40/41 | €520,784 | €807,253 | +€286,469 | +55.0% |
| Trade receivables | 40 | €491,638 | €676,531 | +€184,893 | +37.6% |
| Other amounts receivable | 41 | €29,145 | €130,721 | +€101,576 | +349% |
| Cash at bank and in hand | 54/58 | €310,179 | €137,224 | -€172,955 | -55.8% |
| Deferred charges and accrued income | 490/1 | €134 | - | -€134 | |
| Total equity and liabilities | 10/49 | €869,866 | €993,984 | +€124,118 | +14.3% |
| Equity | 10/15 | €514,248 | €364,033 | -€150,215 | -29.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €495,648 | €345,433 | -€150,215 | -30.3% |
| Non-distributable reserves | 130/1 | €1,494 | €1,494 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,494 | €1,494 | = | 0.0% |
| Distributable reserves | 133 | €494,154 | €343,939 | -€150,215 | -30.4% |
| Amounts payable | 17/49 | €355,618 | €629,951 | +€274,334 | +77.1% |
| Amounts payable within one year | 42/48 | €355,071 | €629,951 | +€274,881 | +77.4% |
| Trade debts | 44 | €278,410 | €181,993 | -€96,418 | -34.6% |
| Suppliers | 440/4 | €278,410 | €181,993 | -€96,418 | -34.6% |
| Taxes, remuneration and social security | 45 | €39,138 | €99,245 | +€60,107 | +154% |
| Taxes | 450/3 | €34,116 | €56,055 | +€21,939 | +64.3% |
| Remuneration and social security | 454/9 | €5,023 | €43,190 | +€38,167 | +760% |
| Other amounts payable | 47/48 | €37,522 | €348,713 | +€311,191 | +829% |
| Accrued charges and deferred income | 492/3 | €547 | - | -€547 | |
| Remuneration, social security and pensions | 62 | €234,799 | €292,597 | +€57,799 | +24.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,109 | €22,486 | +€3,376 | +17.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,985 | +€3,985 | |
| Other operating charges | 640/8 | €8,696 | €1,427 | -€7,269 | -83.6% |
| Gross operating margin | 9900 | €484,562 | €592,795 | +€108,233 | +22.3% |
| Operating profit (loss) | 9901 | €221,958 | €272,299 | +€50,342 | +22.7% |
| Financial charges | 65/66B | €894 | €1,987 | +€1,092 | +122% |
| Recurring financial charges | 65 | €894 | €1,987 | +€1,092 | +122% |
| Profit (loss) for the period before taxes | 9903 | €221,063 | €270,312 | +€49,249 | +22.3% |
| Income taxes | 67/77 | €58,938 | €67,587 | +€8,649 | +14.7% |
| Profit (loss) for the period | 9904 | €162,125 | €202,726 | +€40,601 | +25.0% |
| Profit (loss) for the period to be appropriated | 9905 | €162,125 | €202,726 | +€40,601 | +25.0% |
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 13 October 2026 via checked.be.