PRIMECON: 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.
PRIMECON
Largest movements
- Cash +€36,549
up €36,549 (+24.8%), from €147,442 to €183,990
mainly Other debts (+€202,049) and Net result for the year (+€50,505)
- Receivables within one year +€33,768
up €33,768 (+136%), from €24,781 to €58,549
- Tangible fixed assets -€23,732
down €23,732 (-37.4%), from €63,423 to €39,691
of which Plant, machinery and equipment: -€12,865
- Intangible fixed assets -€9,524
no longer reported in 2025 (was €9,524)
- Other debts +€202,049
up €202,049 (+1,737%), from €11,629 to €213,678
- Reserves -€152,055
down €152,055 (-45.1%), from €337,116 to €185,061
- Tax, wage and social debts -€38,587
down €38,587 (-51.3%), from €75,192 to €36,606
of which Taxes: -€24,934
- Trade debts +€15,158
up €15,158 (+102%), from €14,876 to €30,034
- Contributions +€12,400
up €12,400 (+200%), from €6,200 to €18,600
- Financial income -€20,377
down €20,377 (-97.6%), from €20,870 to €493
of which Non-recurring financial income: -€20,000
- Write-downs -€16,422
no longer reported in 2025 (was €16,422)
- Gross operating margin +€13,598
up €13,598 (+14.8%), from €91,605 to €105,204
- Depreciation +€10,446
up €10,446 (+43.1%), from €24,232 to €34,678
- Financial charges -€3,682
down €3,682 (-95.7%), from €3,849 to €167
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 | €448,565 | €486,308 | +€37,743 | +8.4% |
| Fixed assets | 21/28 | €72,947 | €39,691 | -€33,256 | -45.6% |
| Intangible fixed assets | 21 | €9,524 | - | -€9,524 | |
| Tangible fixed assets | 22/27 | €63,423 | €39,691 | -€23,732 | -37.4% |
| Plant, machinery and equipment | 23 | €31,055 | €18,190 | -€12,865 | -41.4% |
| Furniture and vehicles | 24 | €32,368 | €21,501 | -€10,867 | -33.6% |
| Current assets | 29/58 | €375,618 | €446,617 | +€70,999 | +18.9% |
| Amounts receivable within one year | 40/41 | €24,781 | €58,549 | +€33,768 | +136% |
| Trade receivables | 40 | €24,781 | €58,549 | +€33,768 | +136% |
| Current investments | 50/53 | €201,151 | €201,478 | +€327 | +0.2% |
| Cash at bank and in hand | 54/58 | €147,442 | €183,990 | +€36,549 | +24.8% |
| Deferred charges and accrued income | 490/1 | €2,244 | €2,599 | +€355 | +15.8% |
| Total equity and liabilities | 10/49 | €448,565 | €486,308 | +€37,743 | +8.4% |
| Equity | 10/15 | €344,239 | €204,583 | -€139,655 | -40.6% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200% |
| Reserves | 13 | €337,116 | €185,061 | -€152,055 | -45.1% |
| Distributable reserves | 133 | €337,116 | €185,061 | -€152,055 | -45.1% |
| Profit (loss) carried forward | 14 | €923 | €923 | = | 0.0% |
| Amounts payable | 17/49 | €104,326 | €281,725 | +€177,399 | +170% |
| Amounts payable within one year | 42/48 | €101,698 | €280,318 | +€178,620 | +176% |
| Trade debts | 44 | €14,876 | €30,034 | +€15,158 | +102% |
| Suppliers | 440/4 | €14,876 | €30,034 | +€15,158 | +102% |
| Taxes, remuneration and social security | 45 | €75,192 | €36,606 | -€38,587 | -51.3% |
| Taxes | 450/3 | €39,542 | €14,608 | -€24,934 | -63.1% |
| Remuneration and social security | 454/9 | €35,650 | €21,998 | -€13,652 | -38.3% |
| Other amounts payable | 47/48 | €11,629 | €213,678 | +€202,049 | +1,737% |
| Accrued charges and deferred income | 492/3 | €2,628 | €1,407 | -€1,221 | -46.5% |
| Remuneration, social security and pensions | 62 | €124 | €101 | -€23 | -18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,232 | €34,678 | +€10,446 | +43.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €16,422 | - | -€16,422 | |
| Other operating charges | 640/8 | €1,145 | €1,059 | -€86 | -7.5% |
| Gross operating margin | 9900 | €91,605 | €105,204 | +€13,598 | +14.8% |
| Operating profit (loss) | 9901 | €49,683 | €69,367 | +€19,684 | +39.6% |
| Financial income | 75/76B | €20,870 | €493 | -€20,377 | -97.6% |
| Recurring financial income | 75 | €870 | €493 | -€377 | -43.3% |
| Non-recurring financial income | 76B | €20,000 | - | -€20,000 | |
| Financial charges | 65/66B | €3,849 | €167 | -€3,682 | -95.7% |
| Recurring financial charges | 65 | €3,849 | €167 | -€3,682 | -95.7% |
| Profit (loss) for the period before taxes | 9903 | €66,703 | €69,693 | +€2,989 | +4.5% |
| Income taxes | 67/77 | €18,350 | €19,188 | +€838 | +4.6% |
| Profit (loss) for the period | 9904 | €48,353 | €50,505 | +€2,151 | +4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €48,353 | €50,505 | +€2,151 | +4.4% |
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 14 October 2026 via checked.be.