PRIMEO SERVICES: 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.
PRIMEO SERVICES
Largest movements
- Tangible fixed assets -€6,927
down €6,927 (-100%), from €6,927 to €0
of which Furniture and vehicles: -€5,004
- Receivables within one year -€4,262
down €4,262 (-65.5%), from €6,508 to €2,246
of which Trade receivables: -€6,500
- Cash -€3,718
down €3,718 (-84.2%), from €4,415 to €697
mainly Net result for the year (-€28,971) and Tax, wage and social debts (-€3,175)
- Deferred charges and accrued income -€325
down €325 (-8.7%), from €3,728 to €3,402
- Profit (loss) carried forward -€28,971
down €28,971 (-17.5%), from -€165,568 to -€194,539
- Other debts +€16,905
up €16,905 (+12.5%), from €135,310 to €152,215
- Tax, wage and social debts -€3,175
down €3,175 (-67.7%), from €4,689 to €1,514
- Depreciation -€9,463
down €9,463 (-64.6%), from €14,659 to €5,196
- Gross operating margin +€4,642
up €4,642 (+19.9%), from -€23,353 to -€18,711
- Write-downs +€1,100
new in 2025: €1,100
- Other operating charges -€366
down €366 (-26.4%), from €1,385 to €1,019
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 | €22,563 | €7,138 | -€15,425 | -68.4% |
| Formation expenses | 20 | €760 | €567 | -€192 | -25.3% |
| Fixed assets | 21/28 | €7,152 | €225 | -€6,927 | -96.9% |
| Tangible fixed assets | 22/27 | €6,927 | €0 | -€6,927 | -100% |
| Furniture and vehicles | 24 | €5,004 | €0 | -€5,004 | -100% |
| Other tangible fixed assets | 26 | €1,923 | €0 | -€1,923 | -100% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €14,651 | €6,345 | -€8,305 | -56.7% |
| Amounts receivable within one year | 40/41 | €6,508 | €2,246 | -€4,262 | -65.5% |
| Trade receivables | 40 | €6,500 | €0 | -€6,500 | -100% |
| Other amounts receivable | 41 | €9 | €2,246 | +€2,237 | +26,292% |
| Cash at bank and in hand | 54/58 | €4,415 | €697 | -€3,718 | -84.2% |
| Deferred charges and accrued income | 490/1 | €3,728 | €3,402 | -€325 | -8.7% |
| Total equity and liabilities | 10/49 | €22,563 | €7,138 | -€15,425 | -68.4% |
| Equity | 10/15 | -€118,968 | -€147,939 | -€28,971 | -24.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €40,400 | €40,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €38,540 | €38,540 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€165,568 | -€194,539 | -€28,971 | -17.5% |
| Amounts payable | 17/49 | €141,530 | €155,077 | +€13,547 | +9.6% |
| Amounts payable within one year | 42/48 | €141,530 | €155,077 | +€13,547 | +9.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,531 | €1,348 | -€184 | -12.0% |
| Suppliers | 440/4 | €1,531 | €1,348 | -€184 | -12.0% |
| Taxes, remuneration and social security | 45 | €4,689 | €1,514 | -€3,175 | -67.7% |
| Taxes | 450/3 | €4,689 | €1,514 | -€3,175 | -67.7% |
| Other amounts payable | 47/48 | €135,310 | €152,215 | +€16,905 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,659 | €5,196 | -€9,463 | -64.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,100 | +€1,100 | |
| Other operating charges | 640/8 | €1,385 | €1,019 | -€366 | -26.4% |
| Non-recurring operating charges | 66A | - | €1,923 | +€1,923 | |
| Gross operating margin | 9900 | -€23,353 | -€18,711 | +€4,642 | +19.9% |
| Operating profit (loss) | 9901 | -€39,397 | -€27,949 | +€11,449 | +29.1% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €250 | €337 | +€88 | +35.0% |
| Recurring financial charges | 65 | €250 | €337 | +€88 | +35.0% |
| Profit (loss) for the period before taxes | 9903 | -€39,646 | -€28,286 | +€11,360 | +28.7% |
| Income taxes | 67/77 | €829 | €685 | -€143 | -17.3% |
| Profit (loss) for the period | 9904 | -€40,475 | -€28,971 | +€11,504 | +28.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,475 | -€28,971 | +€11,504 | +28.4% |
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 15 October 2026 via checked.be.