PRIMERA PROCESSING: 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.
PRIMERA PROCESSING
Largest movements
- Cash +€40,070
up €40,070 (+174%), from €23,015 to €63,085
mainly Depreciation (+€41,505) and Stocks and contracts (+€36,998)
- Stocks and contracts -€36,998
down €36,998 (-9.5%), from €388,970 to €351,973
- Tangible fixed assets -€35,408
down €35,408 (-13.4%), from €264,785 to €229,377
- Receivables within one year -€22,980
down €22,980 (-17.5%), from €131,478 to €108,498
of which Trade receivables: -€22,120
- Current portion of long-term debt -€38,638
no longer reported in 2025 (was €38,638)
- Short-term financial debts -€25,000
down €25,000 (-13.5%), from €185,000 to €160,000
- Reserves +€10,197
up €10,197 (+6.3%), from €160,876 to €171,073
of which Distributable reserves: +€10,197
- Trade debts -€9,416
down €9,416 (-5.5%), from €172,120 to €162,704
- Gross operating margin -€10,355
down €10,355 (-7.8%), from €132,235 to €121,880
- Depreciation -€9,434
down €9,434 (-18.5%), from €50,939 to €41,505
- Staff costs +€6,769
up €6,769 (+20.4%), from €33,195 to €39,964
- Other operating charges +€5,855
up €5,855 (+117%), from €5,017 to €10,872
- Taxes -€4,034
down €4,034 (-33.1%), from €12,198 to €8,165
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 | €812,095 | €756,779 | -€55,316 | -6.8% |
| Fixed assets | 21/28 | €266,437 | €231,029 | -€35,408 | -13.3% |
| Tangible fixed assets | 22/27 | €264,785 | €229,377 | -€35,408 | -13.4% |
| Land and buildings | 22 | €163,610 | €146,892 | -€16,718 | -10.2% |
| Plant, machinery and equipment | 23 | €38,846 | €35,673 | -€3,174 | -8.2% |
| Furniture and vehicles | 24 | €62,329 | €46,813 | -€15,516 | -24.9% |
| Financial fixed assets | 28 | €1,652 | €1,652 | = | 0.0% |
| Current assets | 29/58 | €545,658 | €525,750 | -€19,908 | -3.6% |
| Stocks and contracts in progress | 3 | €388,970 | €351,973 | -€36,998 | -9.5% |
| Stocks | 30/36 | €388,970 | €351,973 | -€36,998 | -9.5% |
| Amounts receivable within one year | 40/41 | €131,478 | €108,498 | -€22,980 | -17.5% |
| Trade receivables | 40 | €122,792 | €100,673 | -€22,120 | -18.0% |
| Other amounts receivable | 41 | €8,686 | €7,825 | -€861 | -9.9% |
| Cash at bank and in hand | 54/58 | €23,015 | €63,085 | +€40,070 | +174% |
| Deferred charges and accrued income | 490/1 | €2,194 | €2,194 | = | 0.0% |
| Total equity and liabilities | 10/49 | €812,095 | €756,779 | -€55,316 | -6.8% |
| Equity | 10/15 | €321,376 | €331,573 | +€10,197 | +3.2% |
| Contributions | 10/11 | €160,500 | €160,500 | = | 0.0% |
| Capital | 10 | €160,500 | €160,500 | = | 0.0% |
| Issued capital | 100 | €160,500 | €160,500 | = | 0.0% |
| Reserves | 13 | €160,876 | €171,073 | +€10,197 | +6.3% |
| Non-distributable reserves | 130/1 | €8,415 | €8,415 | = | 0.0% |
| Legal reserve | 130 | €8,415 | €8,415 | = | 0.0% |
| Distributable reserves | 133 | €152,461 | €162,658 | +€10,197 | +6.7% |
| Amounts payable | 17/49 | €490,719 | €425,206 | -€65,513 | -13.4% |
| Amounts payable after more than one year | 17 | €56,491 | €56,491 | = | 0.0% |
| Financial debts | 170/4 | €56,491 | €56,491 | = | 0.0% |
| Amounts payable within one year | 42/48 | €434,227 | €368,715 | -€65,513 | -15.1% |
| Current portion of amounts payable after more than one year | 42 | €38,638 | - | -€38,638 | |
| Financial debts | 43 | €185,000 | €160,000 | -€25,000 | -13.5% |
| Credit institutions | 430/8 | €185,000 | €160,000 | -€25,000 | -13.5% |
| Trade debts | 44 | €172,120 | €162,704 | -€9,416 | -5.5% |
| Suppliers | 440/4 | €172,120 | €162,704 | -€9,416 | -5.5% |
| Advances received on contracts in progress | 46 | €1,672 | €4,826 | +€3,154 | +189% |
| Taxes, remuneration and social security | 45 | €36,798 | €40,589 | +€3,791 | +10.3% |
| Taxes | 450/3 | €36,798 | €29,355 | -€7,444 | -20.2% |
| Remuneration and social security | 454/9 | - | €11,235 | +€11,235 | |
| Other amounts payable | 47/48 | - | €596 | +€596 | |
| Non-recurring operating income | 76A | €1,272,156 | - | -€1.3m | |
| Remuneration, social security and pensions | 62 | €33,195 | €39,964 | +€6,769 | +20.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,939 | €41,505 | -€9,434 | -18.5% |
| Other operating charges | 640/8 | €5,017 | €10,872 | +€5,855 | +117% |
| Gross operating margin | 9900 | €132,235 | €121,880 | -€10,355 | -7.8% |
| Operating profit (loss) | 9901 | €43,084 | €29,540 | -€13,544 | -31.4% |
| Financial income | 75/76B | €338 | €20 | -€318 | -94.2% |
| Recurring financial income | 75 | €338 | €20 | -€318 | -94.2% |
| Financial charges | 65/66B | €13,456 | €11,198 | -€2,258 | -16.8% |
| Recurring financial charges | 65 | €13,456 | €11,198 | -€2,258 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | €29,966 | €18,362 | -€11,604 | -38.7% |
| Income taxes | 67/77 | €12,198 | €8,165 | -€4,034 | -33.1% |
| Profit (loss) for the period | 9904 | €17,768 | €10,197 | -€7,571 | -42.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,768 | €10,197 | -€7,571 | -42.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.