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PRIMEC: 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.

What changed

PRIMEC

BE 0882.132.450
NACE 46.645, Wholesale trade
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2,324
2024 · -€14,776+€17,100
Equity
€58,163
2024 · €55,839+€2,324
Cash
€12,538
2024 · €2,202+€10,336
Balance sheet total
€119,248
2024 · €122,038-€2,789

Largest movements

2024 to 2025
Assets
  • Cash +€10,336

    up €10,336 (+469.4%), from €2,202 to €12,538

    mainly Stocks and contracts (+€7,865) and Depreciation (+€5,609)

  • Stocks and contracts -€7,865

    down €7,865 (-8.1%), from €97,327 to €89,462

  • Tangible fixed assets -€5,609

    down €5,609 (-34.9%), from €16,068 to €10,460

    of which Plant, machinery and equipment: -€3,640

Equity and liabilities
  • Other debts -€4,241

    down €4,241 (-6.6%), from €63,874 to €59,633

  • Profit (loss) carried forward +€2,324

    up €2,324 (+8.2%), from €28,483 to €30,807

  • Trade debts -€1,373

    down €1,373 (-78.4%), from €1,750 to €377

Income statement
  • Gross operating margin +€31,443

    up €31,443, from -€22,839 to €8,605

  • Write-downs +€12,713

    no longer reported in 2025 (was -€12,713)

  • Depreciation +€1,599

    up €1,599 (+39.9%), from €4,010 to €5,609

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€14,776
Gross operating margin +€31,443
Depreciation -€1,599
Write-downs -€12,713
Other operating charges +€96
Financial income -€68
Financial charges -€59
Result 2025 €2,324

Cash bridge derived

cash 2024 to 2025

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.

From operations +€10,336
Investment €0
Financing €0
Cash 2024 €2,202
Net result for the year +€2,324
Depreciation +€5,609
Stocks and contracts +€7,865
Receivables within one year -€318
Deferred charges and accrued income -€30
Trade debts -€1,373
Tax, wage and social debts +€500
Other debts -€4,241
Cash 2025 €12,538
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €122,038 €119,248 -€2,789 -2.3%
Fixed assets 21/28 €16,068 €10,460 -€5,609 -34.9%
Tangible fixed assets 22/27 €16,068 €10,460 -€5,609 -34.9%
Land and buildings 22 €383 €256 -€128 -33.3%
Plant, machinery and equipment 23 €13,823 €10,183 -€3,640 -26.3%
Furniture and vehicles 24 €1,862 €22 -€1,840 -98.8%
Current assets 29/58 €105,969 €108,788 +€2,819 +2.7%
Stocks and contracts in progress 3 €97,327 €89,462 -€7,865 -8.1%
Stocks 30/36 €97,327 €89,462 -€7,865 -8.1%
Amounts receivable within one year 40/41 €5,751 €6,069 +€318 +5.5%
Trade receivables 40 €3,779 €5,001 +€1,222 +32.3%
Other amounts receivable 41 €1,971 €1,067 -€904 -45.9%
Cash at bank and in hand 54/58 €2,202 €12,538 +€10,336 +469.4%
Deferred charges and accrued income 490/1 €690 €720 +€30 +4.4%
Total equity and liabilities 10/49 €122,038 €119,248 -€2,789 -2.3%
Equity 10/15 €55,839 €58,163 +€2,324 +4.2%
Contributions 10/11 €25,000 €25,000 = 0.0%
Reserves 13 €2,356 €2,356 = 0.0%
Distributable reserves 133 €2,356 €2,356 = 0.0%
Profit (loss) carried forward 14 €28,483 €30,807 +€2,324 +8.2%
Amounts payable 17/49 €66,198 €61,085 -€5,113 -7.7%
Amounts payable within one year 42/48 €66,198 €61,085 -€5,113 -7.7%
Trade debts 44 €1,750 €377 -€1,373 -78.4%
Suppliers 440/4 €1,750 €377 -€1,373 -78.4%
Taxes, remuneration and social security 45 €575 €1,075 +€500 +87.0%
Taxes 450/3 €26 €26 = 0.0%
Remuneration and social security 454/9 €549 €1,049 +€500 +91.0%
Other amounts payable 47/48 €63,874 €59,633 -€4,241 -6.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,010 €5,609 +€1,599 +39.9%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) 631/4 -€12,713 - +€12,713
Other operating charges 640/8 €825 €729 -€96 -11.6%
Gross operating margin 9900 -€22,839 €8,605 +€31,443
Operating profit (loss) 9901 -€14,961 €2,267 +€17,228
Financial income 75/76B €420 €352 -€68 -16.3%
Recurring financial income 75 €420 €352 -€68 -16.3%
Financial charges 65/66B €236 €295 +€59 +25.0%
Recurring financial charges 65 €236 €295 +€59 +25.0%
Profit (loss) for the period before taxes 9903 -€14,776 €2,324 +€17,100
Profit (loss) for the period 9904 -€14,776 €2,324 +€17,100
Profit (loss) for the period to be appropriated 9905 -€14,776 €2,324 +€17,100

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.