PRIME: 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.
PRIME
Largest movements
- Receivables within one year +€89,179
up €89,179 (+146%), from €61,240 to €150,418
- Tangible fixed assets -€49,384
down €49,384 (-8.1%), from €608,953 to €559,569
of which Land and buildings: -€26,138
- Debts after one year -€39,068
down €39,068 (-9.8%), from €399,550 to €360,481
- Tax, wage and social debts +€37,370
up €37,370 (+60.2%), from €62,048 to €99,418
of which Remuneration and social security: +€24,134
- Reserves +€28,285
up €28,285 (+24.1%), from €117,401 to €145,686
- Short-term financial debts +€26,410
new in 2025: €26,410
- Current portion of long-term debt -€12,838
down €12,838 (-24.7%), from €51,907 to €39,068
- Gross operating margin +€79,836
up €79,836 (+29.0%), from €275,141 to €354,977
- Staff costs +€37,919
up €37,919 (+18.9%), from €200,482 to €238,402
- Taxes +€10,357
up €10,357 (+234%), from €4,429 to €14,786
- Depreciation +€5,134
up €5,134 (+11.6%), from €44,250 to €49,384
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 | €681,331 | €723,763 | +€42,432 | +6.2% |
| Fixed assets | 21/28 | €610,143 | €560,759 | -€49,384 | -8.1% |
| Tangible fixed assets | 22/27 | €608,953 | €559,569 | -€49,384 | -8.1% |
| Land and buildings | 22 | €571,026 | €544,889 | -€26,138 | -4.6% |
| Plant, machinery and equipment | 23 | €14,353 | €9,015 | -€5,338 | -37.2% |
| Furniture and vehicles | 24 | €23,573 | €5,665 | -€17,908 | -76.0% |
| Financial fixed assets | 28 | €1,190 | €1,190 | = | 0.0% |
| Current assets | 29/58 | €71,188 | €163,003 | +€91,816 | +129% |
| Amounts receivable within one year | 40/41 | €61,240 | €150,418 | +€89,179 | +146% |
| Trade receivables | 40 | €61,240 | €150,418 | +€89,179 | +146% |
| Cash at bank and in hand | 54/58 | €719 | €1,263 | +€544 | +75.6% |
| Deferred charges and accrued income | 490/1 | €9,229 | €11,323 | +€2,094 | +22.7% |
| Total equity and liabilities | 10/49 | €681,331 | €723,763 | +€42,432 | +6.2% |
| Equity | 10/15 | €137,401 | €165,686 | +€28,285 | +20.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €117,401 | €145,686 | +€28,285 | +24.1% |
| Distributable reserves | 133 | €117,401 | €145,686 | +€28,285 | +24.1% |
| Amounts payable | 17/49 | €543,929 | €558,076 | +€14,147 | +2.6% |
| Amounts payable after more than one year | 17 | €399,550 | €360,481 | -€39,068 | -9.8% |
| Financial debts | 170/4 | €399,550 | €360,481 | -€39,068 | -9.8% |
| Amounts payable within one year | 42/48 | €141,984 | €196,189 | +€54,205 | +38.2% |
| Current portion of amounts payable after more than one year | 42 | €51,907 | €39,068 | -€12,838 | -24.7% |
| Financial debts | 43 | - | €26,410 | +€26,410 | |
| Credit institutions | 430/8 | - | €26,410 | +€26,410 | |
| Trade debts | 44 | €4,810 | €16,773 | +€11,963 | +249% |
| Suppliers | 440/4 | €4,810 | €16,773 | +€11,963 | +249% |
| Taxes, remuneration and social security | 45 | €62,048 | €99,418 | +€37,370 | +60.2% |
| Taxes | 450/3 | €40,564 | €53,800 | +€13,236 | +32.6% |
| Remuneration and social security | 454/9 | €21,484 | €45,618 | +€24,134 | +112% |
| Other amounts payable | 47/48 | €23,220 | €14,521 | -€8,700 | -37.5% |
| Accrued charges and deferred income | 492/3 | €2,395 | €1,406 | -€989 | -41.3% |
| Remuneration, social security and pensions | 62 | €200,482 | €238,402 | +€37,919 | +18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,250 | €49,384 | +€5,134 | +11.6% |
| Other operating charges | 640/8 | €1,609 | €3,754 | +€2,146 | +133% |
| Gross operating margin | 9900 | €275,141 | €354,977 | +€79,836 | +29.0% |
| Operating profit (loss) | 9901 | €28,800 | €63,437 | +€34,637 | +120% |
| Financial income | 75/76B | €0 | €13 | +€12 | +3,997% |
| Recurring financial income | 75 | €0 | €13 | +€12 | +3,997% |
| Financial charges | 65/66B | €22,009 | €20,378 | -€1,630 | -7.4% |
| Recurring financial charges | 65 | €22,009 | €20,378 | -€1,630 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €6,792 | €43,071 | +€36,280 | +534% |
| Income taxes | 67/77 | €4,429 | €14,786 | +€10,357 | +234% |
| Profit (loss) for the period | 9904 | €2,363 | €28,285 | +€25,923 | +1,097% |
| Profit (loss) for the period to be appropriated | 9905 | €2,363 | €28,285 | +€25,923 | +1,097% |
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 16 October 2026 via checked.be.