PRIMOCO: 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.
PRIMOCO
Largest movements
- Tangible fixed assets -€30,832
down €30,832 (-12.2%), from €252,309 to €221,477
of which Furniture and vehicles: -€33,018
- Deferred charges and accrued income +€13,553
up €13,553 (+122.2%), from €11,087 to €24,640
- Stocks and contracts +€12,968
up €12,968 (+90.6%), from €14,317 to €27,285
- Receivables within one year +€6,816
up €6,816 (+5.2%), from €130,578 to €137,394
of which Other amounts receivable: +€9,596
- Cash -€6,122
down €6,122 (-99.9%), from €6,130 to €7
mainly Debts after one year (-€38,930) and Investment in fixed assets (net) (-€33,579)
- Debts after one year -€38,930
down €38,930 (-25.7%), from €151,419 to €112,488
- Tax, wage and social debts +€12,279
up €12,279 (+427.4%), from €2,873 to €15,152
of which Taxes: +€7,048
- Reserves +€6,665
up €6,665 (+7.8%), from €85,859 to €92,525
- Trade debts +€6,285
up €6,285 (+8.5%), from €74,074 to €80,359
- Short-term financial debts +€5,000
up €5,000 (+11.1%), from €45,000 to €50,000
- Gross operating margin +€29,121
up €29,121 (+40.2%), from €72,395 to €101,515
- Depreciation +€19,315
up €19,315 (+42.8%), from €45,095 to €64,410
- Staff costs +€5,807
up €5,807 (+90.1%), from €6,448 to €12,255
- Financial charges +€3,770
up €3,770 (+37.3%), from €10,111 to €13,882
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 | €416,420 | €412,803 | -€3,618 | -0.9% |
| Fixed assets | 21/28 | €254,309 | €223,477 | -€30,832 | -12.1% |
| Tangible fixed assets | 22/27 | €252,309 | €221,477 | -€30,832 | -12.2% |
| Plant, machinery and equipment | 23 | €69,485 | €71,671 | +€2,187 | +3.1% |
| Furniture and vehicles | 24 | €182,824 | €149,806 | -€33,018 | -18.1% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €162,112 | €189,326 | +€27,214 | +16.8% |
| Stocks and contracts in progress | 3 | €14,317 | €27,285 | +€12,968 | +90.6% |
| Stocks | 30/36 | €14,317 | €27,285 | +€12,968 | +90.6% |
| Amounts receivable within one year | 40/41 | €130,578 | €137,394 | +€6,816 | +5.2% |
| Trade receivables | 40 | €71,573 | €68,793 | -€2,780 | -3.9% |
| Other amounts receivable | 41 | €59,005 | €68,601 | +€9,596 | +16.3% |
| Cash at bank and in hand | 54/58 | €6,130 | €7 | -€6,122 | -99.9% |
| Deferred charges and accrued income | 490/1 | €11,087 | €24,640 | +€13,553 | +122.2% |
| Total equity and liabilities | 10/49 | €416,420 | €412,803 | -€3,618 | -0.9% |
| Equity | 10/15 | €105,859 | €112,525 | +€6,665 | +6.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €85,859 | €92,525 | +€6,665 | +7.8% |
| Distributable reserves | 133 | €85,859 | €92,525 | +€6,665 | +7.8% |
| Amounts payable | 17/49 | €310,561 | €300,278 | -€10,283 | -3.3% |
| Amounts payable after more than one year | 17 | €151,419 | €112,488 | -€38,930 | -25.7% |
| Financial debts | 170/4 | €151,419 | €112,488 | -€38,930 | -25.7% |
| Amounts payable within one year | 42/48 | €159,142 | €184,441 | +€25,299 | +15.9% |
| Current portion of amounts payable after more than one year | 42 | €37,195 | €38,930 | +€1,735 | +4.7% |
| Financial debts | 43 | €45,000 | €50,000 | +€5,000 | +11.1% |
| Credit institutions | 430/8 | €45,000 | €50,000 | +€5,000 | +11.1% |
| Trade debts | 44 | €74,074 | €80,359 | +€6,285 | +8.5% |
| Suppliers | 440/4 | €74,074 | €80,359 | +€6,285 | +8.5% |
| Taxes, remuneration and social security | 45 | €2,873 | €15,152 | +€12,279 | +427.4% |
| Taxes | 450/3 | €2,873 | €9,921 | +€7,048 | +245.3% |
| Remuneration and social security | 454/9 | - | €5,231 | +€5,231 | |
| Accrued charges and deferred income | 492/3 | - | €3,349 | +€3,349 | |
| Remuneration, social security and pensions | 62 | €6,448 | €12,255 | +€5,807 | +90.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,095 | €64,410 | +€19,315 | +42.8% |
| Other operating charges | 640/8 | €1,541 | €1,813 | +€271 | +17.6% |
| Gross operating margin | 9900 | €72,395 | €101,515 | +€29,121 | +40.2% |
| Operating profit (loss) | 9901 | €19,310 | €23,037 | +€3,727 | +19.3% |
| Financial income | 75/76B | €42 | €124 | +€82 | +192.9% |
| Recurring financial income | 75 | €42 | €124 | +€82 | +192.9% |
| Financial charges | 65/66B | €10,111 | €13,882 | +€3,770 | +37.3% |
| Recurring financial charges | 65 | €10,111 | €13,882 | +€3,770 | +37.3% |
| Profit (loss) for the period before taxes | 9903 | €9,241 | €9,280 | +€39 | +0.4% |
| Income taxes | 67/77 | €2,967 | €2,614 | -€353 | -11.9% |
| Profit (loss) for the period | 9904 | €6,273 | €6,665 | +€392 | +6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,273 | €6,665 | +€392 | +6.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.