PRIMOTEM: 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.
PRIMOTEM
Largest movements
- Tangible fixed assets +€80,669
up €80,669 (+100.9%), from €79,919 to €160,588
of which Furniture and vehicles: +€83,019
- Cash -€20,732
down €20,732 (-16.3%), from €127,164 to €106,432
mainly Investment in fixed assets (net) (-€95,661) and Other debts (-€47,303)
- Current portion of long-term debt +€50,000
new in 2025: €50,000
- Other debts -€47,303
down €47,303 (-54.9%), from €86,218 to €38,915
- Tax, wage and social debts +€44,629
up €44,629 (+67.7%), from €65,907 to €110,536
of which Remuneration and social security: +€43,936
- Trade debts +€12,549
up €12,549 (+18.2%), from €69,130 to €81,678
- Purchases and services -€59,784
down €59,784 (-11.9%), from €503,779 to €443,995
- Turnover -€51,967
down €51,967 (-9.6%), from €542,799 to €490,832
- Gross operating margin +€7,107
up €7,107 (+15.5%), from €45,893 to €52,999
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 | €283,543 | €344,515 | +€60,972 | +21.5% |
| Fixed assets | 21/28 | €85,669 | €166,338 | +€80,669 | +94.2% |
| Tangible fixed assets | 22/27 | €79,919 | €160,588 | +€80,669 | +100.9% |
| Plant, machinery and equipment | 23 | €4,389 | €2,040 | -€2,350 | -53.5% |
| Furniture and vehicles | 24 | €75,529 | €158,548 | +€83,019 | +109.9% |
| Financial fixed assets | 28 | €5,750 | €5,750 | = | 0.0% |
| Current assets | 29/58 | €197,875 | €178,177 | -€19,697 | -10.0% |
| Stocks and contracts in progress | 3 | €350 | €350 | = | 0.0% |
| Stocks | 30/36 | €350 | €350 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €69,535 | €68,635 | -€900 | -1.3% |
| Trade receivables | 40 | €42,130 | €56,411 | +€14,281 | +33.9% |
| Other amounts receivable | 41 | €27,405 | €12,224 | -€15,181 | -55.4% |
| Cash at bank and in hand | 54/58 | €127,164 | €106,432 | -€20,732 | -16.3% |
| Deferred charges and accrued income | 490/1 | €826 | €2,761 | +€1,935 | +234.3% |
| Total equity and liabilities | 10/49 | €283,543 | €344,515 | +€60,972 | +21.5% |
| Equity | 10/15 | €62,289 | €63,386 | +€1,097 | +1.8% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €9,713 | €9,713 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,009 | €2,009 | = | 0.0% |
| Legal reserve | 130 | €2,009 | €2,009 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,704 | €7,704 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,398 | -€8,300 | +€1,097 | +11.7% |
| Amounts payable | 17/49 | €221,255 | €281,129 | +€59,874 | +27.1% |
| Amounts payable within one year | 42/48 | €221,255 | €281,129 | +€59,874 | +27.1% |
| Current portion of amounts payable after more than one year | 42 | - | €50,000 | +€50,000 | |
| Trade debts | 44 | €69,130 | €81,678 | +€12,549 | +18.2% |
| Suppliers | 440/4 | €69,130 | €81,678 | +€12,549 | +18.2% |
| Taxes, remuneration and social security | 45 | €65,907 | €110,536 | +€44,629 | +67.7% |
| Taxes | 450/3 | €15,731 | €16,423 | +€693 | +4.4% |
| Remuneration and social security | 454/9 | €50,176 | €94,113 | +€43,936 | +87.6% |
| Other amounts payable | 47/48 | €86,218 | €38,915 | -€47,303 | -54.9% |
| Turnover | 70 | €542,799 | €490,832 | -€51,967 | -9.6% |
| Non-recurring operating income | 76A | €6,873 | €6,163 | -€710 | -10.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €503,779 | €443,995 | -€59,784 | -11.9% |
| Remuneration, social security and pensions | 62 | €35,065 | €34,383 | -€681 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,751 | €14,992 | +€5,241 | +53.8% |
| Other operating charges | 640/8 | €1,536 | €2,084 | +€548 | +35.7% |
| Gross operating margin | 9900 | €45,893 | €52,999 | +€7,107 | +15.5% |
| Operating profit (loss) | 9901 | -€459 | €1,539 | +€1,998 | |
| Financial income | 75/76B | €3,179 | €3,162 | -€17 | -0.5% |
| Recurring financial income | 75 | €3,179 | €1,096 | -€2,084 | -65.5% |
| Non-recurring financial income | 76B | - | €2,066 | +€2,066 | |
| Financial charges | 65/66B | €843 | €2,378 | +€1,535 | +182.0% |
| Recurring financial charges | 65 | €843 | €1,853 | +€1,010 | +119.7% |
| Non-recurring financial charges | 66B | - | €525 | +€525 | |
| Profit (loss) for the period before taxes | 9903 | €1,876 | €2,323 | +€446 | +23.8% |
| Income taxes | 67/77 | €1,131 | €1,225 | +€94 | +8.3% |
| Profit (loss) for the period | 9904 | €745 | €1,097 | +€352 | +47.2% |
| Profit (loss) for the period to be appropriated | 9905 | €745 | €1,097 | +€352 | +47.2% |
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.