PRIMODAK: 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.
PRIMODAK
Largest movements
- Tangible fixed assets +€95,252
up €95,252 (+64.5%), from €147,784 to €243,036
of which Furniture and vehicles: +€102,896
- Cash -€84,402
down €84,402 (-98.6%), from €85,597 to €1,195
mainly Investment in fixed assets (net) (-€117,000) and Debts after one year (-€18,818)
- Receivables within one year +€11,648
up €11,648 (+412.4%), from €2,824 to €14,473
of which Trade receivables: +€11,722
- Deferred charges and accrued income -€10,236
down €10,236 (-96.6%), from €10,599 to €363
- Reserves +€23,265
up €23,265 (+13.1%), from €178,205 to €201,470
- Debts after one year -€18,818
no longer reported in 2025 (was €18,818)
- Other debts +€9,246
up €9,246 (+243.1%), from €3,803 to €13,049
- Tax, wage and social debts +€4,816
up €4,816 (+105.3%), from €4,574 to €9,390
- Current portion of long-term debt -€3,764
down €3,764 (-16.7%), from €22,581 to €18,818
- Gross operating margin +€34,834
up €34,834 (+128.2%), from €27,170 to €62,004
- Depreciation +€14,104
up €14,104 (+184.5%), from €7,644 to €21,748
- Other operating charges +€4,330
up €4,330 (+171.0%), from €2,533 to €6,862
- Taxes +€3,387
up €3,387 (+73.4%), from €4,611 to €7,998
- Financial charges -€768
down €768 (-25.5%), from €3,012 to €2,244
of which Financial charges: -€465
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 | €252,138 | €264,401 | +€12,263 | +4.9% |
| Fixed assets | 21/28 | €153,118 | €248,370 | +€95,252 | +62.2% |
| Tangible fixed assets | 22/27 | €147,784 | €243,036 | +€95,252 | +64.5% |
| Land and buildings | 22 | €147,784 | €140,140 | -€7,644 | -5.2% |
| Furniture and vehicles | 24 | - | €102,896 | +€102,896 | |
| Financial fixed assets | 28 | €5,334 | €5,334 | = | 0.0% |
| Current assets | 29/58 | €99,020 | €16,031 | -€82,989 | -83.8% |
| Amounts receivable within one year | 40/41 | €2,824 | €14,473 | +€11,648 | +412.4% |
| Trade receivables | 40 | €1,663 | €13,385 | +€11,722 | +705.0% |
| Other amounts receivable | 41 | €1,161 | €1,088 | -€74 | -6.3% |
| Cash at bank and in hand | 54/58 | €85,597 | €1,195 | -€84,402 | -98.6% |
| Deferred charges and accrued income | 490/1 | €10,599 | €363 | -€10,236 | -96.6% |
| Total equity and liabilities | 10/49 | €252,138 | €264,401 | +€12,263 | +4.9% |
| Equity | 10/15 | €196,805 | €220,070 | +€23,265 | +11.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €178,205 | €201,470 | +€23,265 | +13.1% |
| Distributable reserves | 133 | €178,205 | €201,470 | +€23,265 | +13.1% |
| Amounts payable | 17/49 | €55,333 | €44,330 | -€11,002 | -19.9% |
| Amounts payable after more than one year | 17 | €18,818 | - | -€18,818 | |
| Financial debts | 170/4 | €18,818 | - | -€18,818 | |
| Amounts payable within one year | 42/48 | €36,218 | €43,508 | +€7,289 | +20.1% |
| Current portion of amounts payable after more than one year | 42 | €22,581 | €18,818 | -€3,764 | -16.7% |
| Trade debts | 44 | €5,260 | €2,251 | -€3,009 | -57.2% |
| Suppliers | 440/4 | €5,260 | €2,251 | -€3,009 | -57.2% |
| Taxes, remuneration and social security | 45 | €4,574 | €9,390 | +€4,816 | +105.3% |
| Taxes | 450/3 | €4,574 | €9,390 | +€4,816 | +105.3% |
| Other amounts payable | 47/48 | €3,803 | €13,049 | +€9,246 | +243.1% |
| Accrued charges and deferred income | 492/3 | €297 | €823 | +€526 | +176.9% |
| Non-recurring operating income | 76A | €9,140 | - | -€9,140 | |
| Remuneration, social security and pensions | 62 | €50 | - | -€50 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,644 | €21,748 | +€14,104 | +184.5% |
| Other operating charges | 640/8 | €2,533 | €6,862 | +€4,330 | +171.0% |
| Gross operating margin | 9900 | €27,170 | €62,004 | +€34,834 | +128.2% |
| Operating profit (loss) | 9901 | €16,944 | €33,394 | +€16,450 | +97.1% |
| Financial income | 75/76B | €207 | €113 | -€93 | -45.2% |
| Recurring financial income | 75 | €207 | €113 | -€93 | -45.2% |
| Financial charges | 65/66B | €3,012 | €2,244 | -€768 | -25.5% |
| Recurring financial charges | 65 | €2,709 | €2,244 | -€465 | -17.2% |
| Non-recurring financial charges | 66B | €303 | - | -€303 | |
| Profit (loss) for the period before taxes | 9903 | €14,139 | €31,263 | +€17,124 | +121.1% |
| Income taxes | 67/77 | €4,611 | €7,998 | +€3,387 | +73.4% |
| Profit (loss) for the period | 9904 | €9,527 | €23,265 | +€13,738 | +144.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,527 | €23,265 | +€13,738 | +144.2% |
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.