PRIMAVERA: 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.
PRIMAVERA
Largest movements
- Receivables after one year +€25,000
new in 2025: €25,000
- Receivables within one year -€10,000
down €10,000 (-10.1%), from €99,022 to €89,022
- Tangible fixed assets -€5,710
down €5,710 (-18.4%), from €31,046 to €25,335
- Cash -€4,911
down €4,911 (-91.7%), from €5,356 to €445
mainly Receivables after one year (-€25,000) and Trade debts (-€126)
- Profit (loss) carried forward +€4,504
up €4,504 (+7.8%), from -€57,749 to -€53,244
- Turnover -€33,043
down €33,043 (-64.8%), from €51,000 to €17,957
- Gross operating margin -€31,701
down €31,701 (-70.1%), from €45,231 to €13,530
- Depreciation -€4,758
down €4,758 (-45.5%), from €10,468 to €5,710
- Purchases and services -€1,341
down €1,341 (-23.2%), from €5,769 to €4,428
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 | €135,424 | €139,802 | +€4,378 | +3.2% |
| Fixed assets | 21/28 | €31,046 | €25,335 | -€5,710 | -18.4% |
| Tangible fixed assets | 22/27 | €31,046 | €25,335 | -€5,710 | -18.4% |
| Land and buildings | 22 | €31,046 | €25,335 | -€5,710 | -18.4% |
| Current assets | 29/58 | €104,378 | €114,467 | +€10,089 | +9.7% |
| Amounts receivable after more than one year | 29 | - | €25,000 | +€25,000 | |
| Other amounts receivable | 291 | - | €25,000 | +€25,000 | |
| Amounts receivable within one year | 40/41 | €99,022 | €89,022 | -€10,000 | -10.1% |
| Other amounts receivable | 41 | €99,022 | €89,022 | -€10,000 | -10.1% |
| Cash at bank and in hand | 54/58 | €5,356 | €445 | -€4,911 | -91.7% |
| Total equity and liabilities | 10/49 | €135,424 | €139,802 | +€4,378 | +3.2% |
| Equity | 10/15 | €135,298 | €139,802 | +€4,504 | +3.3% |
| Contributions | 10/11 | €173,525 | €173,525 | = | 0.0% |
| Capital | 10 | €173,525 | €173,525 | = | 0.0% |
| Issued capital | 100 | €173,525 | €173,525 | = | 0.0% |
| Reserves | 13 | €19,521 | €19,521 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,273 | €4,273 | = | 0.0% |
| Legal reserve | 130 | €4,273 | €4,273 | = | 0.0% |
| Distributable reserves | 133 | €15,248 | €15,248 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,749 | -€53,244 | +€4,504 | +7.8% |
| Amounts payable | 17/49 | €126 | - | -€126 | |
| Amounts payable within one year | 42/48 | €126 | - | -€126 | |
| Trade debts | 44 | €126 | - | -€126 | |
| Suppliers | 440/4 | €126 | - | -€126 | |
| Turnover | 70 | €51,000 | €17,957 | -€33,043 | -64.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €5,769 | €4,428 | -€1,341 | -23.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,468 | €5,710 | -€4,758 | -45.5% |
| Other operating charges | 640/8 | €2,931 | €3,227 | +€296 | +10.1% |
| Gross operating margin | 9900 | €45,231 | €13,530 | -€31,701 | -70.1% |
| Operating profit (loss) | 9901 | €31,831 | €4,592 | -€27,239 | -85.6% |
| Financial charges | 65/66B | €91 | €88 | -€3 | -3.0% |
| Recurring financial charges | 65 | €91 | €88 | -€3 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €31,741 | €4,504 | -€27,236 | -85.8% |
| Profit (loss) for the period | 9904 | €31,741 | €4,504 | -€27,236 | -85.8% |
| Profit (loss) for the period to be appropriated | 9905 | €31,741 | €4,504 | -€27,236 | -85.8% |
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 8 October 2026 via checked.be.