PRIMES-SERVICES: 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.
PRIMES-SERVICES
Largest movements
- Current investments +€351,220
new in 2024: €351,220
- Receivables within one year -€123,132
down €123,132 (-28.9%), from €426,452 to €303,320
of which Trade receivables: -€142,951
- Cash +€111,916
up €111,916 (+127.8%), from €87,559 to €199,475
mainly Net result for the year (+€323,671) and Receivables within one year (+€123,132)
- Deferred charges and accrued income +€15,730
up €15,730 (+416.0%), from €3,781 to €19,511
- Reserves +€323,671
up €323,671 (+120.4%), from €268,720 to €592,391
- Tax, wage and social debts +€108,099
up €108,099 (+38.5%), from €280,959 to €389,058
of which Remuneration and social security: +€89,978
- Accrued charges and deferred income -€74,026
down €74,026 (-98.6%), from €75,051 to €1,025
- Trade debts +€34,341
up €34,341 (+224.7%), from €15,282 to €49,623
- Debts after one year -€16,414
down €16,414 (-25.5%), from €64,363 to €47,949
- Gross operating margin +€360,921
up €360,921 (+28.2%), from €1.3m to €1.6m
- Staff costs +€278,557
up €278,557 (+31.9%), from €871,882 to €1.2m
- Taxes +€33,080
up €33,080 (+35.8%), from €92,322 to €125,403
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €766,581 | €1,138,998 | +€372,416 | +48.6% |
| Fixed assets | 21/28 | €248,789 | €265,471 | +€16,682 | +6.7% |
| Intangible fixed assets | 21 | €40,598 | €51,121 | +€10,523 | +25.9% |
| Tangible fixed assets | 22/27 | €207,904 | €214,064 | +€6,159 | +3.0% |
| Land and buildings | 22 | €181,312 | €174,508 | -€6,804 | -3.8% |
| Furniture and vehicles | 24 | €26,592 | €34,071 | +€7,479 | +28.1% |
| Other tangible fixed assets | 26 | - | €5,485 | +€5,485 | |
| Financial fixed assets | 28 | €287 | €287 | = | 0.0% |
| Current assets | 29/58 | €517,792 | €873,526 | +€355,734 | +68.7% |
| Amounts receivable within one year | 40/41 | €426,452 | €303,320 | -€123,132 | -28.9% |
| Trade receivables | 40 | €410,472 | €267,521 | -€142,951 | -34.8% |
| Other amounts receivable | 41 | €15,980 | €35,799 | +€19,820 | +124.0% |
| Current investments | 50/53 | - | €351,220 | +€351,220 | |
| Cash at bank and in hand | 54/58 | €87,559 | €199,475 | +€111,916 | +127.8% |
| Deferred charges and accrued income | 490/1 | €3,781 | €19,511 | +€15,730 | +416.0% |
| Total equity and liabilities | 10/49 | €766,581 | €1,138,998 | +€372,416 | +48.6% |
| Equity | 10/15 | €314,776 | €634,929 | +€320,153 | +101.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €268,720 | €592,391 | +€323,671 | +120.4% |
| Distributable reserves | 133 | €268,720 | €592,391 | +€323,671 | +120.4% |
| Investment grants | 15 | €27,506 | €23,988 | -€3,518 | -12.8% |
| Amounts payable | 17/49 | €451,805 | €504,068 | +€52,263 | +11.6% |
| Amounts payable after more than one year | 17 | €64,363 | €47,949 | -€16,414 | -25.5% |
| Financial debts | 170/4 | €64,363 | €47,949 | -€16,414 | -25.5% |
| Amounts payable within one year | 42/48 | €312,392 | €455,095 | +€142,703 | +45.7% |
| Current portion of amounts payable after more than one year | 42 | €16,151 | €16,414 | +€262 | +1.6% |
| Trade debts | 44 | €15,282 | €49,623 | +€34,341 | +224.7% |
| Suppliers | 440/4 | €15,282 | €49,623 | +€34,341 | +224.7% |
| Taxes, remuneration and social security | 45 | €280,959 | €389,058 | +€108,099 | +38.5% |
| Taxes | 450/3 | €151,637 | €169,758 | +€18,121 | +12.0% |
| Remuneration and social security | 454/9 | €129,322 | €219,300 | +€89,978 | +69.6% |
| Accrued charges and deferred income | 492/3 | €75,051 | €1,025 | -€74,026 | -98.6% |
| Remuneration, social security and pensions | 62 | €871,882 | €1,150,440 | +€278,557 | +31.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,398 | €32,760 | +€10,362 | +46.3% |
| Other operating charges | 640/8 | €1,849 | €6,439 | +€4,590 | +248.2% |
| Gross operating margin | 9900 | €1,278,134 | €1,639,055 | +€360,921 | +28.2% |
| Operating profit (loss) | 9901 | €382,005 | €449,416 | +€67,411 | +17.6% |
| Financial income | 75/76B | €2,302 | €3,741 | +€1,439 | +62.5% |
| Recurring financial income | 75 | €2,302 | €3,741 | +€1,439 | +62.5% |
| Financial charges | 65/66B | €2,574 | €4,083 | +€1,508 | +58.6% |
| Recurring financial charges | 65 | €2,574 | €4,083 | +€1,508 | +58.6% |
| Profit (loss) for the period before taxes | 9903 | €381,733 | €449,074 | +€67,341 | +17.6% |
| Income taxes | 67/77 | €92,322 | €125,403 | +€33,080 | +35.8% |
| Profit (loss) for the period | 9904 | €289,410 | €323,671 | +€34,261 | +11.8% |
| Profit (loss) for the period to be appropriated | 9905 | €289,410 | €323,671 | +€34,261 | +11.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.