PRIMO SERVICE: 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.
PRIMO SERVICE
Largest movements
- Tangible fixed assets -€36,705
down €36,705 (-96.3%), from €38,130 to €1,426
of which Plant, machinery and equipment: -€19,967
- Receivables within one year -€7,588
down €7,588 (-41.7%), from €18,183 to €10,595
of which Other amounts receivable: -€5,780
- Other debts -€60,335
down €60,335 (-50.4%), from €119,639 to €59,303
- Profit (loss) carried forward +€12,258
up €12,258 (+16.8%), from -€72,855 to -€60,597
- Trade debts +€3,566
up €3,566 (+229%), from €1,560 to €5,126
- Gross operating margin +€23,046
up €23,046 (+171%), from €13,506 to €36,552
- Other operating charges +€18,929
up €18,929 (+841%), from €2,252 to €21,181
- Write-downs -€14,083
down €14,083 (-100%), from €14,083 to €0
- Depreciation -€12,978
down €12,978 (-81.6%), from €15,914 to €2,936
- Financial charges -€488
down €488 (-71.0%), from €687 to €199
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €59,804 | €15,323 | -€44,480 | -74.4% |
| Fixed assets | 21/28 | €38,130 | €1,426 | -€36,705 | -96.3% |
| Tangible fixed assets | 22/27 | €38,130 | €1,426 | -€36,705 | -96.3% |
| Plant, machinery and equipment | 23 | €19,967 | €0 | -€19,967 | -100% |
| Furniture and vehicles | 24 | €18,163 | €1,426 | -€16,738 | -92.1% |
| Current assets | 29/58 | €21,673 | €13,897 | -€7,776 | -35.9% |
| Amounts receivable within one year | 40/41 | €18,183 | €10,595 | -€7,588 | -41.7% |
| Trade receivables | 40 | €10,148 | €8,340 | -€1,809 | -17.8% |
| Other amounts receivable | 41 | €8,034 | €2,255 | -€5,780 | -71.9% |
| Cash at bank and in hand | 54/58 | €2,943 | €3,303 | +€360 | +12.2% |
| Deferred charges and accrued income | 490/1 | €547 | €0 | -€547 | -100% |
| Total equity and liabilities | 10/49 | €59,804 | €15,323 | -€44,480 | -74.4% |
| Equity | 10/15 | -€61,395 | -€49,137 | +€12,258 | +20.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €6,460 | €6,460 | = | 0.0% |
| Distributable reserves | 133 | €6,460 | €6,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,855 | -€60,597 | +€12,258 | +16.8% |
| Amounts payable | 17/49 | €121,199 | €64,460 | -€56,739 | -46.8% |
| Amounts payable within one year | 42/48 | €121,199 | €64,460 | -€56,739 | -46.8% |
| Trade debts | 44 | €1,560 | €5,126 | +€3,566 | +229% |
| Suppliers | 440/4 | €1,560 | €5,126 | +€3,566 | +229% |
| Taxes, remuneration and social security | 45 | €0 | €31 | +€31 | |
| Taxes | 450/3 | €0 | €31 | +€31 | |
| Other amounts payable | 47/48 | €119,639 | €59,303 | -€60,335 | -50.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,914 | €2,936 | -€12,978 | -81.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €14,083 | €0 | -€14,083 | -100% |
| Other operating charges | 640/8 | €2,252 | €21,181 | +€18,929 | +841% |
| Gross operating margin | 9900 | €13,506 | €36,552 | +€23,046 | +171% |
| Operating profit (loss) | 9901 | -€18,743 | €12,435 | +€31,178 | |
| Financial income | 75/76B | €0 | €22 | +€22 | |
| Recurring financial income | 75 | €0 | €22 | +€22 | |
| Financial charges | 65/66B | €687 | €199 | -€488 | -71.0% |
| Recurring financial charges | 65 | €687 | €199 | -€488 | -71.0% |
| Profit (loss) for the period before taxes | 9903 | -€19,430 | €12,258 | +€31,688 | |
| Profit (loss) for the period | 9904 | -€19,430 | €12,258 | +€31,688 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,430 | €12,258 | +€31,688 |
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 29 October 2026 via checked.be.