Primo Tours: 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 Tours
Largest movements
- Receivables within one year -€63,572
down €63,572 (-29.2%), from €217,840 to €154,268
of which Trade receivables: -€84,677
- Tangible fixed assets -€51,487
down €51,487 (-47.2%), from €108,993 to €57,506
of which Furniture and vehicles: -€51,703
- Cash +€3,755
up €3,755 (+103%), from €3,630 to €7,385
mainly Trade debts (+€76,165) and Receivables within one year (+€63,572)
- Profit (loss) carried forward -€142,294
down €142,294 (-145%), from -€98,151 to -€240,445
- Trade debts +€76,165
up €76,165 (+46.5%), from €163,758 to €239,923
- Debts after one year -€63,333
down €63,333 (-59.7%), from €106,059 to €42,726
- Current portion of long-term debt +€25,060
up €25,060 (+46.1%), from €54,331 to €79,391
- Other debts -€9,168
down €9,168 (-36.3%), from €25,240 to €16,072
- Gross operating margin -€213,490
down €213,490 (-54.4%), from €392,113 to €178,623
- Write-downs +€30,043
up €30,043 (+18,098%), from €166 to €30,209
- Financial charges -€29,161
down €29,161 (-62.9%), from €46,365 to €17,204
- Depreciation -€15,904
down €15,904 (-21.2%), from €75,075 to €59,170
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 | €352,942 | €238,871 | -€114,070 | -32.3% |
| Fixed assets | 21/28 | €129,135 | €76,998 | -€52,137 | -40.4% |
| Intangible fixed assets | 21 | €4,500 | €2,500 | -€2,000 | -44.4% |
| Tangible fixed assets | 22/27 | €108,993 | €57,506 | -€51,487 | -47.2% |
| Land and buildings | 22 | €9,764 | €7,420 | -€2,344 | -24.0% |
| Plant, machinery and equipment | 23 | €6,436 | €8,996 | +€2,560 | +39.8% |
| Furniture and vehicles | 24 | €92,794 | €41,090 | -€51,703 | -55.7% |
| Financial fixed assets | 28 | €15,642 | €16,992 | +€1,350 | +8.6% |
| Current assets | 29/58 | €223,807 | €161,873 | -€61,933 | -27.7% |
| Amounts receivable within one year | 40/41 | €217,840 | €154,268 | -€63,572 | -29.2% |
| Trade receivables | 40 | €216,306 | €131,629 | -€84,677 | -39.1% |
| Other amounts receivable | 41 | €1,534 | €22,638 | +€21,105 | +1,376% |
| Cash at bank and in hand | 54/58 | €3,630 | €7,385 | +€3,755 | +103% |
| Deferred charges and accrued income | 490/1 | €2,337 | €221 | -€2,116 | -90.6% |
| Total equity and liabilities | 10/49 | €352,942 | €238,871 | -€114,070 | -32.3% |
| Equity | 10/15 | -€72,375 | -€214,670 | -€142,294 | -197% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €13,376 | €13,376 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €13,376 | €13,376 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€98,151 | -€240,445 | -€142,294 | -145% |
| Amounts payable | 17/49 | €425,317 | €453,541 | +€28,224 | +6.6% |
| Amounts payable after more than one year | 17 | €106,059 | €42,726 | -€63,333 | -59.7% |
| Financial debts | 170/4 | €106,059 | €42,726 | -€63,333 | -59.7% |
| Amounts payable within one year | 42/48 | €319,258 | €410,815 | +€91,557 | +28.7% |
| Current portion of amounts payable after more than one year | 42 | €54,331 | €79,391 | +€25,060 | +46.1% |
| Financial debts | 43 | €0 | €6,141 | +€6,141 | |
| Credit institutions | 430/8 | €0 | €6,141 | +€6,141 | |
| Trade debts | 44 | €163,758 | €239,923 | +€76,165 | +46.5% |
| Suppliers | 440/4 | €163,758 | €239,923 | +€76,165 | +46.5% |
| Taxes, remuneration and social security | 45 | €75,930 | €69,288 | -€6,642 | -8.7% |
| Taxes | 450/3 | €49,398 | €15,011 | -€34,386 | -69.6% |
| Remuneration and social security | 454/9 | €26,532 | €54,277 | +€27,744 | +105% |
| Other amounts payable | 47/48 | €25,240 | €16,072 | -€9,168 | -36.3% |
| Non-recurring operating income | 76A | €2,647 | €0 | -€2,647 | -100% |
| Remuneration, social security and pensions | 62 | €171,537 | €168,079 | -€3,458 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,075 | €59,170 | -€15,904 | -21.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €166 | €30,209 | +€30,043 | +18,098% |
| Other operating charges | 640/8 | €43,741 | €46,398 | +€2,656 | +6.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €392,113 | €178,623 | -€213,490 | -54.4% |
| Operating profit (loss) | 9901 | €101,594 | -€125,232 | -€226,826 | |
| Financial income | 75/76B | €117 | €310 | +€192 | +164% |
| Recurring financial income | 75 | €117 | €310 | +€192 | +164% |
| Financial charges | 65/66B | €46,365 | €17,204 | -€29,161 | -62.9% |
| Recurring financial charges | 65 | €46,365 | €17,204 | -€29,161 | -62.9% |
| Profit (loss) for the period before taxes | 9903 | €55,346 | -€142,126 | -€197,473 | |
| Income taxes | 67/77 | €226 | €168 | -€58 | -25.5% |
| Profit (loss) for the period | 9904 | €55,121 | -€142,294 | -€197,415 | |
| Profit (loss) for the period to be appropriated | 9905 | €55,121 | -€142,294 | -€197,415 |
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 28 October 2026 via checked.be.