PRIMO SOFT SOLUTIONS: 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 SOFT SOLUTIONS
Largest movements
- Receivables within one year -€94,875
down €94,875 (-36.4%), from €260,597 to €165,722
of which Trade receivables: -€99,333
- Cash +€64,668
up €64,668 (+590%), from €10,960 to €75,628
mainly Receivables within one year (+€94,875) and Tax, wage and social debts (+€30,490)
- Current investments +€15,000
new in 2025: €15,000
- Tangible fixed assets +€3,708
up €3,708 (+193%), from €1,920 to €5,628
of which Assets under construction and advance payments: +€3,708
- Trade debts -€49,606
down €49,606 (-80.3%), from €61,774 to €12,168
- Tax, wage and social debts +€30,490
up €30,490 (+25.3%), from €120,599 to €151,089
of which Taxes: +€111,210
- Profit (loss) carried forward +€16,971
up €16,971 (+28.3%), from €60,010 to €76,982
- Other debts -€9,354
down €9,354 (-34.5%), from €27,093 to €17,738
- Staff costs +€206,880
up €206,880 (+341%), from €60,690 to €267,570
- Gross operating margin +€166,827
up €166,827 (+134%), from €124,267 to €291,093
- Taxes -€7,906
down €7,906 (-59.8%), from €13,228 to €5,322
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 | €273,477 | €261,977 | -€11,499 | -4.2% |
| Fixed assets | 21/28 | €1,920 | €5,628 | +€3,708 | +193% |
| Tangible fixed assets | 22/27 | €1,920 | €5,628 | +€3,708 | +193% |
| Furniture and vehicles | 24 | €1,920 | €1,920 | = | 0.0% |
| Assets under construction and advance payments | 27 | - | €3,708 | +€3,708 | |
| Current assets | 29/58 | €271,557 | €256,350 | -€15,207 | -5.6% |
| Amounts receivable within one year | 40/41 | €260,597 | €165,722 | -€94,875 | -36.4% |
| Trade receivables | 40 | €257,082 | €157,749 | -€99,333 | -38.6% |
| Other amounts receivable | 41 | €3,515 | €7,973 | +€4,458 | +127% |
| Current investments | 50/53 | - | €15,000 | +€15,000 | |
| Cash at bank and in hand | 54/58 | €10,960 | €75,628 | +€64,668 | +590% |
| Total equity and liabilities | 10/49 | €273,477 | €261,977 | -€11,499 | -4.2% |
| Equity | 10/15 | €64,010 | €80,982 | +€16,971 | +26.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Capital | 10 | €4,000 | €4,000 | = | 0.0% |
| Issued capital | 100 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,010 | €76,982 | +€16,971 | +28.3% |
| Amounts payable | 17/49 | €209,466 | €180,995 | -€28,471 | -13.6% |
| Amounts payable within one year | 42/48 | €209,466 | €180,995 | -€28,471 | -13.6% |
| Trade debts | 44 | €61,774 | €12,168 | -€49,606 | -80.3% |
| Suppliers | 440/4 | €61,774 | €12,168 | -€49,606 | -80.3% |
| Taxes, remuneration and social security | 45 | €120,599 | €151,089 | +€30,490 | +25.3% |
| Taxes | 450/3 | €32,484 | €143,694 | +€111,210 | +342% |
| Remuneration and social security | 454/9 | €88,115 | €7,395 | -€80,720 | -91.6% |
| Other amounts payable | 47/48 | €27,093 | €17,738 | -€9,354 | -34.5% |
| Remuneration, social security and pensions | 62 | €60,690 | €267,570 | +€206,880 | +341% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €960 | - | -€960 | |
| Other operating charges | 640/8 | €1,101 | €1,231 | +€130 | +11.8% |
| Gross operating margin | 9900 | €124,267 | €291,093 | +€166,827 | +134% |
| Operating profit (loss) | 9901 | €61,517 | €22,293 | -€39,224 | -63.8% |
| Profit (loss) for the period before taxes | 9903 | €61,517 | €22,293 | -€39,224 | -63.8% |
| Income taxes | 67/77 | €13,228 | €5,322 | -€7,906 | -59.8% |
| Profit (loss) for the period | 9904 | €48,289 | €16,971 | -€31,318 | -64.9% |
| Profit (loss) for the period to be appropriated | 9905 | €48,289 | €16,971 | -€31,318 | -64.9% |
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 14 October 2026 via checked.be.