PRIME AIR: what changed
What changed
PRIME AIR
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
filed annual accounts (NBB)
Net result for the year
€74,777
2024 · €110,531-€35,754
Equity
€1.1m
2024 · €991,657+€74,777
Cash
€112,292
2024 · €135,138-€22,846
Balance sheet total
€1.2m
2024 · €1.2m-€42,991
Largest movements
Assets
- Cash -€22,846
down €22,846 (-16.9%), from €135,138 to €112,292
mainly Other debts (-€50,000) and Current portion of long-term debt (-€31,588)
- Tangible fixed assets -€20,207
down €20,207 (-2.5%), from €802,692 to €782,485
Equity and liabilities
- Reserves +€74,777
up €74,777 (+8.6%), from €866,657 to €941,435
- Other debts -€50,000
no longer reported in 2025 (was €50,000)
- Current portion of long-term debt -€31,588
down €31,588 (-51.1%), from €61,756 to €30,168
- Debts after one year -€30,168
down €30,168 (-32.5%), from €92,948 to €62,780
Income statement
- Financial income -€39,600
down €39,600 (-44.2%), from €89,560 to €49,960
- Financial charges -€4,027
down €4,027 (-42.4%), from €9,488 to €5,461
- Services and other goods +€1,844
up €1,844 (+81.2%), from €2,271 to €4,115
- Turnover +€1,806
up €1,806 (+2.9%), from €62,443 to €64,249
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€110,531
Turnover
+€1,806
Services and other goods
-€1,844
Other operating charges
-€42
Financial income
-€39,600
Financial charges
+€4,027
Taxes
-€101
Result 2025
€74,777
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€38,910
Investment
€0
Financing
-€61,756
Cash 2024
€135,138
From operations (derived)
+€38,910
Net result for the year
+€74,777
Depreciation
+€20,207
Smaller working-capital items
-€197
Trade debts
+€327
Tax, wage and social debts
-€6,204
Other debts
-€50,000
Financing
-€61,756
Debts after one year
-€30,168
Current portion of long-term debt
-€31,588
Cash 2025
€112,292
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,213,133 | €1,170,142 | -€42,991 | -3.5% |
| Fixed assets | 21/28 | €1,077,989 | €1,057,782 | -€20,207 | -1.9% |
| Tangible fixed assets | 22/27 | €802,692 | €782,485 | -€20,207 | -2.5% |
| Land and buildings | 22 | €802,692 | €782,485 | -€20,207 | -2.5% |
| Financial fixed assets | 28 | €275,297 | €275,297 | = | 0.0% |
| Affiliated companies | 280/1 | €275,297 | €275,297 | = | 0.0% |
| Participating interests | 280 | €275,297 | €275,297 | = | 0.0% |
| Current assets | 29/58 | €135,144 | €112,360 | -€22,784 | -16.9% |
| Amounts receivable within one year | 40/41 | €6 | €68 | +€62 | +1,075% |
| Other amounts receivable | 41 | €6 | €68 | +€62 | +1,075% |
| Cash at bank and in hand | 54/58 | €135,138 | €112,292 | -€22,846 | -16.9% |
| Total equity and liabilities | 10/49 | €1,213,133 | €1,170,142 | -€42,991 | -3.5% |
| Equity | 10/15 | €991,657 | €1,066,435 | +€74,777 | +7.5% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €866,657 | €941,435 | +€74,777 | +8.6% |
| Distributable reserves | 133 | €866,657 | €941,435 | +€74,777 | +8.6% |
| Amounts payable | 17/49 | €221,475 | €103,707 | -€117,768 | -53.2% |
| Amounts payable after more than one year | 17 | €92,948 | €62,780 | -€30,168 | -32.5% |
| Financial debts | 170/4 | €92,948 | €62,780 | -€30,168 | -32.5% |
| Credit institutions | 173 | €92,948 | €62,780 | -€30,168 | -32.5% |
| Amounts payable within one year | 42/48 | €128,018 | €40,553 | -€87,465 | -68.3% |
| Current portion of amounts payable after more than one year | 42 | €61,756 | €30,168 | -€31,588 | -51.1% |
| Trade debts | 44 | €1,500 | €1,827 | +€327 | +21.8% |
| Suppliers | 440/4 | €1,500 | €1,827 | +€327 | +21.8% |
| Taxes, remuneration and social security | 45 | €14,762 | €8,558 | -€6,204 | -42.0% |
| Taxes | 450/3 | €14,762 | €8,558 | -€6,204 | -42.0% |
| Other amounts payable | 47/48 | €50,000 | - | -€50,000 | |
| Accrued charges and deferred income | 492/3 | €509 | €374 | -€135 | -26.5% |
| Operating income | 70/76A | €62,443 | €64,249 | +€1,806 | +2.9% |
| Turnover | 70 | €62,443 | €64,249 | +€1,806 | +2.9% |
| Operating charges | 60/66A | €23,543 | €25,428 | +€1,886 | +8.0% |
| Services and other goods | 61 | €2,271 | €4,115 | +€1,844 | +81.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,207 | €20,207 | = | 0.0% |
| Other operating charges | 640/8 | €1,065 | €1,106 | +€42 | +3.9% |
| Operating profit (loss) | 9901 | €38,901 | €38,821 | -€80 | -0.2% |
| Financial income | 75/76B | €89,560 | €49,960 | -€39,600 | -44.2% |
| Recurring financial income | 75 | €89,560 | €49,960 | -€39,600 | -44.2% |
| Income from financial fixed assets | 750 | €89,560 | €49,960 | -€39,600 | -44.2% |
| Financial charges | 65/66B | €9,488 | €5,461 | -€4,027 | -42.4% |
| Recurring financial charges | 65 | €9,488 | €5,461 | -€4,027 | -42.4% |
| Debt charges | 650 | €8,745 | €4,726 | -€4,019 | -46.0% |
| Other financial charges | 652/9 | €743 | €735 | -€8 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €118,973 | €83,320 | -€35,653 | -30.0% |
| Income taxes | 67/77 | €8,442 | €8,543 | +€101 | +1.2% |
| Taxes | 670/3 | €8,442 | €8,543 | +€101 | +1.2% |
| Profit (loss) for the period | 9904 | €110,531 | €74,777 | -€35,754 | -32.3% |
| Profit (loss) for the period to be appropriated | 9905 | €110,531 | €74,777 | -€35,754 | -32.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.