PRIMMO - CONSEIL: 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
PRIMMO - CONSEIL
NACE 61.100, Wired, wireless and satellite telecommunications
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€102,689
2024 · €276,955-€174,266
Equity
€666,793
2024 · €564,104+€102,689
Cash
€247,828
2024 · €467,948-€220,120
Balance sheet total
€6.0m
2024 · €6.8m-€774,415
Largest movements
Assets
- Receivables within one year -€729,086
down €729,086 (-28.5%), from €2.6m to €1.8m
of which Trade receivables: -€478,227
- Cash -€220,120
down €220,120 (-47.0%), from €467,948 to €247,828
mainly Investment in fixed assets (net) (-€528,203) and Trade debts (-€365,408)
- Stocks and contracts +€199,127
up €199,127 (+27.3%), from €730,407 to €929,534
- Tangible fixed assets -€84,337
down €84,337 (-5.3%), from €1.6m to €1.5m
of which Plant, machinery and equipment: -€54,199
Equity and liabilities
- Trade debts -€365,408
down €365,408 (-7.5%), from €4.9m to €4.5m
- Short-term financial debts -€345,249
down €345,249 (-53.5%), from €645,249 to €300,000
of which Credit institutions: -€645,249
- Debts after one year -€345,044
down €345,044 (-73.0%), from €472,437 to €127,393
- Current portion of long-term debt +€345,044
new in 2025: €345,044
- Tax, wage and social debts -€111,417
down €111,417 (-90.2%), from €123,507 to €12,090
Income statement
- Turnover -€9.4m
down €9.4m (-24.7%), from €38.0m to €28.6m
- Goods and materials -€8.6m
down €8.6m (-23.9%), from €35.9m to €27.3m
- Services and other goods -€644,396
down €644,396 (-36.3%), from €1.8m to €1.1m
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
€276,955
Turnover
-€9.4m
Other operating income
+€146,426
Goods and materials
+€8.6m
Services and other goods
+€644,396
Staff costs
+€365
Depreciation
-€110,387
Other operating charges
-€153,080
Financial income
-€63,195
Financial charges
+€171,222
Result 2025
€102,689
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
+€653,332
Investment
-€528,203
Financing
-€345,249
Cash 2024
€467,948
From operations (derived)
+€653,332
Net result for the year
+€102,689
Depreciation
+€612,540
Stocks and contracts
-€199,127
Receivables within one year
+€729,086
Deferred charges and accrued income
-€60,000
Trade debts
-€365,408
Tax, wage and social debts
-€111,417
Other debts
-€55,031
Investment (derived)
-€528,203
Investment in fixed assets (net)
-€528,203
Financing
-€345,249
Debts after one year
-€345,044
Current portion of long-term debt
+€345,044
Short-term financial debts
-€345,249
Cash 2025
€247,828
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,780,334 | €6,005,919 | -€774,415 | -11.4% |
| Fixed assets | 21/28 | €3,026,191 | €2,941,854 | -€84,337 | -2.8% |
| Tangible fixed assets | 22/27 | €1,588,677 | €1,504,340 | -€84,337 | -5.3% |
| Land and buildings | 22 | €17,976 | €6,831 | -€11,145 | -62.0% |
| Plant, machinery and equipment | 23 | €1,544,727 | €1,490,528 | -€54,199 | -3.5% |
| Furniture and vehicles | 24 | €25,973 | €6,981 | -€18,993 | -73.1% |
| Financial fixed assets | 28 | €1,437,514 | €1,437,514 | = | 0.0% |
| Affiliated companies | 280/1 | €1,392,640 | €1,392,640 | = | 0.0% |
| Participating interests | 280 | €1,392,640 | €1,392,640 | = | 0.0% |
| Other financial fixed assets | 284/8 | €44,874 | €44,874 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €44,874 | €44,874 | = | 0.0% |
| Current assets | 29/58 | €3,754,143 | €3,064,065 | -€690,078 | -18.4% |
| Stocks and contracts in progress | 3 | €730,407 | €929,534 | +€199,127 | +27.3% |
| Stocks | 30/36 | €730,407 | €929,534 | +€199,127 | +27.3% |
| Goods purchased for resale | 34 | €730,407 | €929,534 | +€199,127 | +27.3% |
| Amounts receivable within one year | 40/41 | €2,555,789 | €1,826,703 | -€729,086 | -28.5% |
| Trade receivables | 40 | €2,119,433 | €1,641,206 | -€478,227 | -22.6% |
| Other amounts receivable | 41 | €436,356 | €185,497 | -€250,859 | -57.5% |
| Cash at bank and in hand | 54/58 | €467,948 | €247,828 | -€220,120 | -47.0% |
| Deferred charges and accrued income | 490/1 | - | €60,000 | +€60,000 | |
| Total equity and liabilities | 10/49 | €6,780,334 | €6,005,919 | -€774,415 | -11.4% |
| Equity | 10/15 | €564,104 | €666,793 | +€102,689 | +18.2% |
| Contributions | 10/11 | €62,001 | €62,001 | = | 0.0% |
| Capital | 10 | €62,001 | €62,001 | = | 0.0% |
| Issued capital | 100 | €62,001 | €62,001 | = | 0.0% |
| Reserves | 13 | €2,157 | €2,157 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,157 | €2,157 | = | 0.0% |
| Legal reserve | 130 | €2,157 | €2,157 | = | 0.0% |
| Profit (loss) carried forward | 14 | €499,946 | €602,636 | +€102,689 | +20.5% |
| Amounts payable | 17/49 | €6,216,230 | €5,339,126 | -€877,105 | -14.1% |
| Amounts payable after more than one year | 17 | €472,437 | €127,393 | -€345,044 | -73.0% |
| Financial debts | 170/4 | €472,437 | €127,393 | -€345,044 | -73.0% |
| Other loans | 174 | €472,437 | €127,393 | -€345,044 | -73.0% |
| Amounts payable within one year | 42/48 | €5,743,793 | €5,211,733 | -€532,061 | -9.3% |
| Current portion of amounts payable after more than one year | 42 | - | €345,044 | +€345,044 | |
| Financial debts | 43 | €645,249 | €300,000 | -€345,249 | -53.5% |
| Credit institutions | 430/8 | €645,249 | - | -€645,249 | |
| Other loans | 439 | - | €300,000 | +€300,000 | |
| Trade debts | 44 | €4,864,566 | €4,499,158 | -€365,408 | -7.5% |
| Suppliers | 440/4 | €4,864,566 | €4,499,158 | -€365,408 | -7.5% |
| Taxes, remuneration and social security | 45 | €123,507 | €12,090 | -€111,417 | -90.2% |
| Taxes | 450/3 | €123,507 | €12,090 | -€111,417 | -90.2% |
| Other amounts payable | 47/48 | €110,471 | €55,440 | -€55,031 | -49.8% |
| Operating income | 70/76A | €38,630,906 | €29,384,638 | -€9.2m | -23.9% |
| Turnover | 70 | €38,041,768 | €28,649,074 | -€9.4m | -24.7% |
| Other operating income | 74 | €589,139 | €735,564 | +€146,426 | +24.9% |
| Operating charges | 60/66A | €38,226,312 | €29,262,337 | -€9.0m | -23.4% |
| Goods for resale, raw materials and consumables | 60 | €35,883,226 | €27,300,545 | -€8.6m | -23.9% |
| Purchases | 600/8 | €35,883,226 | €27,300,545 | -€8.6m | -23.9% |
| Services and other goods | 61 | €1,777,454 | €1,133,058 | -€644,396 | -36.3% |
| Remuneration, social security and pensions | 62 | €2,591 | €2,225 | -€365 | -14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €502,153 | €612,540 | +€110,387 | +22.0% |
| Other operating charges | 640/8 | €60,888 | €213,969 | +€153,080 | +251.4% |
| Operating profit (loss) | 9901 | €404,594 | €122,301 | -€282,293 | -69.8% |
| Financial income | 75/76B | €345,385 | €282,191 | -€63,195 | -18.3% |
| Recurring financial income | 75 | €324,589 | €270,964 | -€53,625 | -16.5% |
| Other financial income | 752/9 | €324,589 | €270,964 | -€53,625 | -16.5% |
| Non-recurring financial income | 76B | €20,796 | €11,227 | -€9,569 | -46.0% |
| Financial charges | 65/66B | €473,024 | €301,802 | -€171,222 | -36.2% |
| Recurring financial charges | 65 | €473,024 | €300,560 | -€172,465 | -36.5% |
| Debt charges | 650 | €382,327 | €57,557 | -€324,770 | -84.9% |
| Other financial charges | 652/9 | €90,697 | €243,002 | +€152,305 | +167.9% |
| Non-recurring financial charges | 66B | - | €1,243 | +€1,243 | |
| Profit (loss) for the period before taxes | 9903 | €276,955 | €102,689 | -€174,266 | -62.9% |
| Profit (loss) for the period | 9904 | €276,955 | €102,689 | -€174,266 | -62.9% |
| Profit (loss) for the period to be appropriated | 9905 | €276,955 | €102,689 | -€174,266 | -62.9% |
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 11 October 2026 via checked.be.