PRIMESTAR: 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
PRIMESTAR
NACE 46.861, Wholesale of diamonds and other precious stones
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€825,950
2024 · €918,283-€1.7m
Equity
€11.8m
2024 · €12.6m-€825,950
Cash
€4.5m
2024 · €3.2m+€1.2m
Balance sheet total
€13.6m
2024 · €14.8m-€1.2m
Largest movements
Assets
- Stocks and contracts -€2.2m
down €2.2m (-31.6%), from €7.1m to €4.9m
- Receivables within one year -€1.4m
down €1.4m (-33.2%), from €4.3m to €2.9m
of which Trade receivables: -€1.5m
- Current investments +€1.3m
new in 2025: €1.3m
- Cash +€1.2m
up €1.2m (+37.8%), from €3.2m to €4.5m
mainly Stocks and contracts (+€2.2m) and Receivables within one year (+€1.4m)
Equity and liabilities
- Reserves -€825,950
down €825,950 (-6.5%), from €12.6m to €11.8m
- Trade debts -€367,728
down €367,728 (-17.5%), from €2.1m to €1.7m
Income statement
- Turnover -€12.2m
down €12.2m (-40.2%), from €30.4m to €18.2m
- Goods and materials -€7.9m
down €7.9m (-29.3%), from €27.1m to €19.2m
of which Purchases: -€12.4m
- Write-downs -€2.5m
down €2.5m, from €1.8m to -€679,594
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.
Result 2024
€918,283
Turnover
-€12.2m
Other operating income
-€170
Goods and materials
+€7.9m
Services and other goods
+€4,021
Staff costs
+€13,735
Depreciation
-€1,949
Write-downs
+€2.5m
Other operating charges
+€4,691
Other operating items
+€332
Financial income
+€26,935
Financial charges
+€6,499
Taxes
+€24,887
Result 2025
-€825,950
Cash bridge derived
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
+€2.5m
Investment
-€1.3m
Financing
€0
Cash 2024
€3.2m
From operations (derived)
+€2.5m
Net result for the year
-€825,950
Depreciation
+€31,504
Stocks and contracts
+€2.2m
Receivables within one year
+€1.4m
Smaller working-capital items
-€2,467
Trade debts
-€367,728
Tax, wage and social debts
-€16,878
Investment (derived)
-€1.3m
Investment in fixed assets (net)
-€5,804
Current investments
-€1.3m
Cash 2025
€4.5m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,826,992 | €13,612,135 | -€1.2m | -8.2% |
| Fixed assets | 21/28 | €136,497 | €110,798 | -€25,700 | -18.8% |
| Intangible fixed assets | 21 | €6,554 | €3,274 | -€3,280 | -50.0% |
| Tangible fixed assets | 22/27 | €129,604 | €107,184 | -€22,420 | -17.3% |
| Plant, machinery and equipment | 23 | €32,585 | €26,406 | -€6,179 | -19.0% |
| Furniture and vehicles | 24 | €92,321 | €76,814 | -€15,507 | -16.8% |
| Other tangible fixed assets | 26 | €4,698 | €3,964 | -€733 | -15.6% |
| Financial fixed assets | 28 | €340 | €340 | = | 0.0% |
| Other financial fixed assets | 284/8 | €340 | €340 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €340 | €340 | = | 0.0% |
| Current assets | 29/58 | €14,690,495 | €13,501,337 | -€1.2m | -8.1% |
| Stocks and contracts in progress | 3 | €7,103,308 | €4,861,847 | -€2.2m | -31.6% |
| Stocks | 30/36 | €7,103,308 | €4,861,847 | -€2.2m | -31.6% |
| Goods purchased for resale | 34 | €7,103,308 | €4,861,847 | -€2.2m | -31.6% |
| Amounts receivable within one year | 40/41 | €4,341,034 | €2,898,640 | -€1.4m | -33.2% |
| Trade receivables | 40 | €3,116,131 | €1,618,409 | -€1.5m | -48.1% |
| Other amounts receivable | 41 | €1,224,902 | €1,280,232 | +€55,330 | +4.5% |
| Current investments | 50/53 | - | €1,276,596 | +€1.3m | |
| Other investments | 51/53 | - | €1,276,596 | +€1.3m | |
| Cash at bank and in hand | 54/58 | €3,231,173 | €4,451,108 | +€1.2m | +37.8% |
| Deferred charges and accrued income | 490/1 | €14,980 | €13,146 | -€1,834 | -12.2% |
| Total equity and liabilities | 10/49 | €14,826,992 | €13,612,135 | -€1.2m | -8.2% |
| Equity | 10/15 | €12,628,623 | €11,802,673 | -€825,950 | -6.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €12,610,023 | €11,784,073 | -€825,950 | -6.5% |
| Distributable reserves | 133 | €12,610,023 | €11,784,073 | -€825,950 | -6.5% |
| Amounts payable | 17/49 | €2,198,369 | €1,809,462 | -€388,907 | -17.7% |
| Amounts payable within one year | 42/48 | €2,193,547 | €1,808,941 | -€384,606 | -17.5% |
| Trade debts | 44 | €2,098,626 | €1,730,898 | -€367,728 | -17.5% |
| Suppliers | 440/4 | €2,098,626 | €1,730,898 | -€367,728 | -17.5% |
| Taxes, remuneration and social security | 45 | €94,921 | €78,043 | -€16,878 | -17.8% |
| Taxes | 450/3 | €86,990 | €69,768 | -€17,223 | -19.8% |
| Remuneration and social security | 454/9 | €7,930 | €8,275 | +€345 | +4.4% |
| Accrued charges and deferred income | 492/3 | €4,823 | €521 | -€4,302 | -89.2% |
| Operating income | 70/76A | €30,457,171 | €18,207,786 | -€12.2m | -40.2% |
| Turnover | 70 | €30,446,619 | €18,197,071 | -€12.2m | -40.2% |
| Other operating income | 74 | €9,412 | €9,242 | -€170 | -1.8% |
| Non-recurring operating income | 76A | €1,140 | €1,473 | +€332 | +29.1% |
| Operating charges | 60/66A | €29,495,362 | €19,048,530 | -€10.4m | -35.4% |
| Goods for resale, raw materials and consumables | 60 | €27,096,195 | €19,163,366 | -€7.9m | -29.3% |
| Purchases | 600/8 | €28,696,458 | €16,276,353 | -€12.4m | -43.3% |
| Change in stocks: decrease (increase) | 609 | -€1,600,264 | €2,887,013 | +€4.5m | |
| Services and other goods | 61 | €489,412 | €485,391 | -€4,021 | -0.8% |
| Remuneration, social security and pensions | 62 | €58,188 | €44,453 | -€13,735 | -23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,555 | €31,504 | +€1,949 | +6.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,813,911 | -€679,594 | -€2.5m | |
| Other operating charges | 640/8 | €8,101 | €3,410 | -€4,691 | -57.9% |
| Operating profit (loss) | 9901 | €961,809 | -€840,744 | -€1.8m | |
| Financial income | 75/76B | €68,600 | €95,535 | +€26,935 | +39.3% |
| Recurring financial income | 75 | €68,600 | €95,535 | +€26,935 | +39.3% |
| Other financial income | 752/9 | €68,600 | €95,535 | +€26,935 | +39.3% |
| Financial charges | 65/66B | €31,417 | €24,918 | -€6,499 | -20.7% |
| Recurring financial charges | 65 | €31,417 | €24,918 | -€6,499 | -20.7% |
| Debt charges | 650 | €3,165 | €2,345 | -€821 | -25.9% |
| Other financial charges | 652/9 | €28,251 | €22,574 | -€5,678 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €998,993 | -€770,127 | -€1.8m | |
| Income taxes | 67/77 | €80,710 | €55,823 | -€24,887 | -30.8% |
| Taxes | 670/3 | €80,710 | €55,826 | -€24,884 | -30.8% |
| Tax adjustments and reversals of tax provisions | 77 | - | €3 | +€3 | |
| Profit (loss) for the period | 9904 | €918,283 | -€825,950 | -€1.7m | |
| Profit (loss) for the period to be appropriated | 9905 | €918,283 | -€825,950 | -€1.7m |
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 6 October 2026 via checked.be.