Primion Technology: 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.
What changed
Primion Technology
NACE 43.211, General electrical installation work
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€864,966
2024 · €931,357-€66,390
Equity
€2.0m
2024 · €2.3m-€335,034
Cash
€1.3m
2024 · €1.1m+€134,530
Balance sheet total
€9.6m
2024 · €9.1m+€450,101
Largest movements
Assets
- Stocks and contracts +€312,139
up €312,139 (+18.7%), from €1.7m to €2.0m
of which Contracts in progress: +€170,812
- Cash +€134,530
up €134,530 (+11.8%), from €1.1m to €1.3m
mainly Net result for the year (+€864,966) and Other debts (+€446,797)
Equity and liabilities
- Other debts +€446,797
up €446,797 (+59.3%), from €753,203 to €1.2m
- Advances received +€379,776
up €379,776 (+25.8%), from €1.5m to €1.8m
- Profit (loss) carried forward -€335,034
down €335,034 (-31.3%), from €1.1m to €735,368
- Tax, wage and social debts -€107,743
down €107,743 (-6.2%), from €1.7m to €1.6m
of which Remuneration and social security: -€108,880
Income statement
- Turnover +€745,578
up €745,578 (+5.5%), from €13.6m to €14.4m
- Goods and materials +€643,760
up €643,760 (+21.9%), from €2.9m to €3.6m
of which Purchases: +€620,269
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
€931,357
Turnover
+€745,578
Other operating income
-€30,293
Goods and materials
-€643,760
Services and other goods
+€6,088
Staff costs
+€7,783
Depreciation
-€28,598
Write-downs
-€38,270
Provisions
-€28,395
Other operating charges
-€4,998
Other operating items
-€33,147
Financial income
+€5,487
Financial charges
-€42,735
Taxes
+€18,870
Result 2025
€864,966
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.4m
Investment
-€54,980
Financing
-€1.2m
Cash 2024
€1.1m
From operations (derived)
+€1.4m
Net result for the year
+€864,966
Depreciation
+€93,508
Stocks and contracts
-€312,139
Receivables within one year
-€5,681
Deferred charges and accrued income
-€36,279
Provisions
+€13,594
Trade debts
-€3,224
Tax, wage and social debts
-€107,743
Advances received
+€379,776
Other debts
+€446,797
Accrued charges and deferred income
+€55,935
Investment (derived)
-€54,980
Investment in fixed assets (net)
-€54,980
Financing
-€1.2m
Contributions, distributions and other
-€1.2m
Cash 2025
€1.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,100,963 | €9,551,064 | +€450,101 | +4.9% |
| Fixed assets | 21/28 | €275,401 | €236,873 | -€38,528 | -14.0% |
| Intangible fixed assets | 21 | €8,294 | €4,100 | -€4,194 | -50.6% |
| Tangible fixed assets | 22/27 | €190,278 | €155,889 | -€34,389 | -18.1% |
| Plant, machinery and equipment | 23 | €142,133 | €111,428 | -€30,705 | -21.6% |
| Furniture and vehicles | 24 | €48,145 | €44,461 | -€3,684 | -7.7% |
| Financial fixed assets | 28 | €76,829 | €76,884 | +€55 | +0.1% |
| Affiliated companies | 280/1 | €18,151 | €18,151 | = | 0.0% |
| Participating interests | 280 | €18,151 | €18,151 | = | 0.0% |
| Other financial fixed assets | 284/8 | €58,678 | €58,733 | +€55 | +0.1% |
| Shares | 284 | €5,125 | €5,125 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €53,553 | €53,608 | +€55 | +0.1% |
| Current assets | 29/58 | €8,825,562 | €9,314,191 | +€488,630 | +5.5% |
| Stocks and contracts in progress | 3 | €1,669,323 | €1,981,462 | +€312,139 | +18.7% |
| Stocks | 30/36 | €1,216,532 | €1,357,859 | +€141,327 | +11.6% |
| Raw materials and consumables | 30/31 | €16,550 | €16,579 | +€30 | +0.2% |
| Goods purchased for resale | 34 | €1,199,983 | €1,341,280 | +€141,297 | +11.8% |
| Contracts in progress | 37 | €452,791 | €623,603 | +€170,812 | +37.7% |
| Amounts receivable within one year | 40/41 | €5,965,037 | €5,970,718 | +€5,681 | +0.1% |
| Trade receivables | 40 | €3,462,015 | €3,244,328 | -€217,688 | -6.3% |
| Other amounts receivable | 41 | €2,503,022 | €2,726,391 | +€223,369 | +8.9% |
| Cash at bank and in hand | 54/58 | €1,140,405 | €1,274,935 | +€134,530 | +11.8% |
| Deferred charges and accrued income | 490/1 | €50,797 | €87,075 | +€36,279 | +71.4% |
| Total equity and liabilities | 10/49 | €9,100,963 | €9,551,064 | +€450,101 | +4.9% |
| Equity | 10/15 | €2,338,219 | €2,003,185 | -€335,034 | -14.3% |
| Contributions | 10/11 | €1,090,000 | €1,090,000 | = | 0.0% |
| Capital | 10 | €1,090,000 | €1,090,000 | = | 0.0% |
| Issued capital | 100 | €1,090,000 | €1,090,000 | = | 0.0% |
| Reserves | 13 | €177,817 | €177,817 | = | 0.0% |
| Non-distributable reserves | 130/1 | €109,000 | €109,000 | = | 0.0% |
| Legal reserve | 130 | €109,000 | €109,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €68,817 | €68,817 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,070,401 | €735,368 | -€335,034 | -31.3% |
| Provisions and deferred taxes | 16 | €59,060 | €72,653 | +€13,594 | +23.0% |
| Provisions for liabilities and charges | 160/5 | €59,060 | €72,653 | +€13,594 | +23.0% |
| Other liabilities and charges | 164/5 | €59,060 | €72,653 | +€13,594 | +23.0% |
| Amounts payable | 17/49 | €6,703,684 | €7,475,226 | +€771,541 | +11.5% |
| Amounts payable within one year | 42/48 | €5,047,803 | €5,763,409 | +€715,606 | +14.2% |
| Trade debts | 44 | €1,096,835 | €1,093,611 | -€3,224 | -0.3% |
| Suppliers | 440/4 | €1,096,835 | €1,093,611 | -€3,224 | -0.3% |
| Advances received on contracts in progress | 46 | €1,469,266 | €1,849,043 | +€379,776 | +25.8% |
| Taxes, remuneration and social security | 45 | €1,728,499 | €1,620,756 | -€107,743 | -6.2% |
| Taxes | 450/3 | €559,978 | €561,115 | +€1,137 | +0.2% |
| Remuneration and social security | 454/9 | €1,168,521 | €1,059,641 | -€108,880 | -9.3% |
| Other amounts payable | 47/48 | €753,203 | €1,200,000 | +€446,797 | +59.3% |
| Accrued charges and deferred income | 492/3 | €1,655,881 | €1,711,816 | +€55,935 | +3.4% |
| Operating income | 70/76A | €14,930,498 | €15,606,831 | +€676,333 | +4.5% |
| Turnover | 70 | €13,621,636 | €14,367,214 | +€745,578 | +5.5% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €588,858 | €546,784 | -€42,074 | -7.1% |
| Other operating income | 74 | €720,005 | €689,712 | -€30,293 | -4.2% |
| Non-recurring operating income | 76A | - | €3,122 | +€3,122 | |
| Operating charges | 60/66A | €13,614,468 | €14,338,813 | +€724,345 | +5.3% |
| Goods for resale, raw materials and consumables | 60 | €2,939,806 | €3,583,566 | +€643,760 | +21.9% |
| Purchases | 600/8 | €3,050,028 | €3,670,297 | +€620,269 | +20.3% |
| Change in stocks: decrease (increase) | 609 | -€110,222 | -€86,731 | +€23,491 | +21.3% |
| Services and other goods | 61 | €2,921,282 | €2,915,194 | -€6,088 | -0.2% |
| Remuneration, social security and pensions | 62 | €7,637,690 | €7,629,908 | -€7,783 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,910 | €93,508 | +€28,598 | +44.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €54,995 | €93,264 | +€38,270 | +69.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€14,801 | €13,594 | +€28,395 | |
| Other operating charges | 640/8 | €4,781 | €9,779 | +€4,998 | +105% |
| Non-recurring operating charges | 66A | €5,805 | - | -€5,805 | |
| Operating profit (loss) | 9901 | €1,316,030 | €1,268,018 | -€48,012 | -3.6% |
| Financial income | 75/76B | €71,729 | €77,216 | +€5,487 | +7.6% |
| Recurring financial income | 75 | €71,729 | €77,216 | +€5,487 | +7.6% |
| Income from current assets | 751 | €60,460 | €75,232 | +€14,772 | +24.4% |
| Other financial income | 752/9 | €11,269 | €1,984 | -€9,285 | -82.4% |
| Financial charges | 65/66B | €88,753 | €131,487 | +€42,735 | +48.2% |
| Recurring financial charges | 65 | €88,753 | €131,487 | +€42,735 | +48.2% |
| Debt charges | 650 | €80,774 | €120,749 | +€39,975 | +49.5% |
| Other financial charges | 652/9 | €7,979 | €10,739 | +€2,759 | +34.6% |
| Profit (loss) for the period before taxes | 9903 | €1,299,007 | €1,213,747 | -€85,260 | -6.6% |
| Income taxes | 67/77 | €367,650 | €348,780 | -€18,870 | -5.1% |
| Taxes | 670/3 | €367,650 | €348,780 | -€18,870 | -5.1% |
| Profit (loss) for the period | 9904 | €931,357 | €864,966 | -€66,390 | -7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €931,357 | €864,966 | -€66,390 | -7.1% |
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 16 October 2026 via checked.be.