PRIMMOGAN: 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.
PRIMMOGAN
Largest movements
- Receivables within one year +€95,675
up €95,675 (+41.3%), from €231,765 to €327,440
of which Other amounts receivable: +€89,384
- Cash +€72,799
up €72,799 (+25540.7%), from €285 to €73,084
mainly Debts after one year (+€79,194) and Net result for the year (+€59,017)
- Debts after one year +€79,194
up €79,194 (+10.8%), from €733,779 to €812,974
- Other debts +€56,106
up €56,106 (+76.4%), from €73,464 to €129,570
- Reserves +€44,789
up €44,789 (+10.1%), from €444,133 to €488,922
of which Tax-exempt reserves: +€44,789
- Trade debts -€30,321
down €30,321 (-81.6%), from €37,147 to €6,827
- Gross operating margin +€80,440
up €80,440 (+108.7%), from €74,012 to €154,453
- Financial charges -€4,361
down €4,361 (-16.0%), from €27,334 to €22,973
- Depreciation +€3,717
up €3,717 (+8.3%), from €44,804 to €48,521
- Other operating charges +€2,206
up €2,206 (+47.6%), from €4,637 to €6,843
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 | €2,040,970 | €2,193,873 | +€152,903 | +7.5% |
| Fixed assets | 21/28 | €1,803,788 | €1,788,140 | -€15,648 | -0.9% |
| Tangible fixed assets | 22/27 | €1,803,788 | €1,788,140 | -€15,648 | -0.9% |
| Land and buildings | 22 | €1,803,788 | €1,788,140 | -€15,648 | -0.9% |
| Current assets | 29/58 | €237,182 | €405,733 | +€168,551 | +71.1% |
| Amounts receivable within one year | 40/41 | €231,765 | €327,440 | +€95,675 | +41.3% |
| Trade receivables | 40 | - | €6,291 | +€6,291 | |
| Other amounts receivable | 41 | €231,765 | €321,149 | +€89,384 | +38.6% |
| Cash at bank and in hand | 54/58 | €285 | €73,084 | +€72,799 | +25540.7% |
| Deferred charges and accrued income | 490/1 | €5,132 | €5,209 | +€77 | +1.5% |
| Total equity and liabilities | 10/49 | €2,040,970 | €2,193,873 | +€152,903 | +7.5% |
| Equity | 10/15 | €828,994 | €888,011 | +€59,017 | +7.1% |
| Contributions | 10/11 | €801,414 | €801,414 | = | 0.0% |
| Reserves | 13 | €444,133 | €488,922 | +€44,789 | +10.1% |
| Non-distributable reserves | 130/1 | €2,435 | €2,435 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,435 | €2,435 | = | 0.0% |
| Tax-exempt reserves | 132 | €441,698 | €486,488 | +€44,789 | +10.1% |
| Profit (loss) carried forward | 14 | -€416,552 | -€402,325 | +€14,228 | +3.4% |
| Provisions and deferred taxes | 16 | €201,419 | €216,349 | +€14,930 | +7.4% |
| Deferred taxes | 168 | €201,419 | €216,349 | +€14,930 | +7.4% |
| Amounts payable | 17/49 | €1,010,556 | €1,089,513 | +€78,956 | +7.8% |
| Amounts payable after more than one year | 17 | €733,779 | €812,974 | +€79,194 | +10.8% |
| Financial debts | 170/4 | €733,779 | €812,974 | +€79,194 | +10.8% |
| Amounts payable within one year | 42/48 | €268,260 | €268,605 | +€345 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €137,269 | €118,752 | -€18,516 | -13.5% |
| Financial debts | 43 | €18,545 | €11,299 | -€7,246 | -39.1% |
| Credit institutions | 430/8 | €18,545 | €11,299 | -€7,246 | -39.1% |
| Trade debts | 44 | €37,147 | €6,827 | -€30,321 | -81.6% |
| Suppliers | 440/4 | €37,147 | €6,827 | -€30,321 | -81.6% |
| Taxes, remuneration and social security | 45 | €1,836 | €2,157 | +€322 | +17.5% |
| Taxes | 450/3 | €1,836 | €2,157 | +€322 | +17.5% |
| Other amounts payable | 47/48 | €73,464 | €129,570 | +€56,106 | +76.4% |
| Accrued charges and deferred income | 492/3 | €8,517 | €7,934 | -€583 | -6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,804 | €48,521 | +€3,717 | +8.3% |
| Other operating charges | 640/8 | €4,637 | €6,843 | +€2,206 | +47.6% |
| Gross operating margin | 9900 | €74,012 | €154,453 | +€80,440 | +108.7% |
| Operating profit (loss) | 9901 | €24,571 | €99,088 | +€74,517 | +303.3% |
| Financial income | 75/76B | €617 | - | -€617 | |
| Recurring financial income | 75 | €617 | - | -€617 | |
| Financial charges | 65/66B | €27,334 | €22,973 | -€4,361 | -16.0% |
| Recurring financial charges | 65 | €27,334 | €22,973 | -€4,361 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,146 | €76,116 | +€78,262 | |
| Transfer from deferred taxes | 780 | €4,671 | €5,236 | +€565 | +12.1% |
| Transfer to deferred taxes | 680 | - | €20,166 | +€20,166 | |
| Income taxes | 67/77 | €1,847 | €2,169 | +€322 | +17.4% |
| Profit (loss) for the period | 9904 | €678 | €59,017 | +€58,340 | +8610.0% |
| Transfer from tax-exempt reserves | 789 | €9,648 | €15,709 | +€6,061 | +62.8% |
| Transfer to tax-exempt reserves | 689 | - | €60,499 | +€60,499 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,326 | €14,228 | +€3,902 | +37.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.