PRIMMO: 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.
PRIMMO
Largest movements
- Tangible fixed assets -€13,288
down €13,288 (-3.6%), from €367,673 to €354,385
of which Land and buildings: -€8,454
- Deferred charges and accrued income +€10,235
up €10,235 (+168.8%), from €6,063 to €16,298
- Debts after one year -€42,606
down €42,606 (-13.0%), from €327,651 to €285,046
- Other debts +€19,943
up €19,943 (+6.3%), from €317,816 to €337,759
- Reserves +€12,679
up €12,679 (+31.2%), from €40,635 to €53,314
of which Distributable reserves: +€12,045
- Turnover -€15,000
down €15,000 (-23.1%), from €65,000 to €50,000
- Purchases and services -€8,452
down €8,452 (-63.6%), from €13,281 to €4,829
- Gross operating margin -€6,145
down €6,145 (-8.0%), from €76,553 to €70,407
- Taxes +€3,306
new in 2025: €3,306
- Depreciation +€1,934
up €1,934 (+6.1%), from €31,853 to €33,788
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €863,737 | €862,163 | -€1,575 | -0.2% |
| Fixed assets | 21/28 | €367,673 | €354,385 | -€13,288 | -3.6% |
| Tangible fixed assets | 22/27 | €367,673 | €354,385 | -€13,288 | -3.6% |
| Land and buildings | 22 | €326,753 | €318,300 | -€8,454 | -2.6% |
| Plant, machinery and equipment | 23 | €36,388 | €32,233 | -€4,155 | -11.4% |
| Furniture and vehicles | 24 | €4,531 | €3,852 | -€679 | -15.0% |
| Current assets | 29/58 | €496,065 | €507,778 | +€11,713 | +2.4% |
| Stocks and contracts in progress | 3 | €353,171 | €353,171 | = | 0.0% |
| Stocks | 30/36 | €353,171 | €353,171 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €133,575 | €137,571 | +€3,996 | +3.0% |
| Trade receivables | 40 | €35,000 | €25,000 | -€10,000 | -28.6% |
| Other amounts receivable | 41 | €98,575 | €112,571 | +€13,996 | +14.2% |
| Cash at bank and in hand | 54/58 | €3,256 | €738 | -€2,518 | -77.3% |
| Deferred charges and accrued income | 490/1 | €6,063 | €16,298 | +€10,235 | +168.8% |
| Total equity and liabilities | 10/49 | €863,737 | €862,163 | -€1,575 | -0.2% |
| Equity | 10/15 | €170,635 | €183,314 | +€12,679 | +7.4% |
| Contributions | 10/11 | €130,000 | €130,000 | = | 0.0% |
| Capital | 10 | €130,000 | €130,000 | = | 0.0% |
| Issued capital | 100 | €130,000 | €130,000 | = | 0.0% |
| Reserves | 13 | €40,635 | €53,314 | +€12,679 | +31.2% |
| Non-distributable reserves | 130/1 | €5,035 | €5,669 | +€634 | +12.6% |
| Legal reserve | 130 | €5,035 | €5,669 | +€634 | +12.6% |
| Distributable reserves | 133 | €35,600 | €47,645 | +€12,045 | +33.8% |
| Amounts payable | 17/49 | €693,102 | €678,849 | -€14,253 | -2.1% |
| Amounts payable after more than one year | 17 | €327,651 | €285,046 | -€42,606 | -13.0% |
| Financial debts | 170/4 | €327,651 | €285,046 | -€42,606 | -13.0% |
| Amounts payable within one year | 42/48 | €365,451 | €393,404 | +€27,953 | +7.6% |
| Current portion of amounts payable after more than one year | 42 | €42,220 | €42,606 | +€386 | +0.9% |
| Trade debts | 44 | €170 | €4,488 | +€4,318 | +2537.2% |
| Suppliers | 440/4 | €170 | €4,488 | +€4,318 | +2537.2% |
| Taxes, remuneration and social security | 45 | €5,245 | €8,551 | +€3,306 | +63.0% |
| Taxes | 450/3 | €5,245 | €8,551 | +€3,306 | +63.0% |
| Other amounts payable | 47/48 | €317,816 | €337,759 | +€19,943 | +6.3% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Turnover | 70 | €65,000 | €50,000 | -€15,000 | -23.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €13,281 | €4,829 | -€8,452 | -63.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,853 | €33,788 | +€1,934 | +6.1% |
| Other operating charges | 640/8 | €2,358 | €2,428 | +€70 | +2.9% |
| Gross operating margin | 9900 | €76,553 | €70,407 | -€6,145 | -8.0% |
| Operating profit (loss) | 9901 | €42,341 | €34,192 | -€8,149 | -19.2% |
| Financial income | 75/76B | €795 | €1,160 | +€365 | +45.9% |
| Recurring financial income | 75 | €795 | €1,160 | +€365 | +45.9% |
| Financial charges | 65/66B | €20,426 | €19,367 | -€1,059 | -5.2% |
| Recurring financial charges | 65 | €20,426 | €19,367 | -€1,059 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €22,710 | €15,985 | -€6,725 | -29.6% |
| Income taxes | 67/77 | - | €3,306 | +€3,306 | |
| Profit (loss) for the period | 9904 | €22,710 | €12,679 | -€10,031 | -44.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,710 | €12,679 | -€10,031 | -44.2% |
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 4 October 2026 via checked.be.