PRIMOTEM MANAGEMENT: 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.
PRIMOTEM MANAGEMENT
Largest movements
- Receivables within one year +€14,515
up €14,515 (+43.0%), from €33,792 to €48,307
of which Trade receivables: +€18,327
- Tangible fixed assets -€12,344
down €12,344 (-10.9%), from €112,739 to €100,394
of which Land and buildings: -€23,247
- Other debts +€3,468
up €3,468 (+28,660%), from €12 to €3,480
- Trade debts -€2,061
down €2,061 (-39.9%), from €5,165 to €3,105
- Turnover -€42,856
down €42,856 (-45.6%), from €93,974 to €51,118
- Purchases and services -€42,508
down €42,508 (-58.0%), from €73,274 to €30,766
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 | €161,415 | €162,062 | +€647 | +0.4% |
| Fixed assets | 21/28 | €113,415 | €101,071 | -€12,344 | -10.9% |
| Tangible fixed assets | 22/27 | €112,739 | €100,394 | -€12,344 | -10.9% |
| Land and buildings | 22 | €112,739 | €89,492 | -€23,247 | -20.6% |
| Plant, machinery and equipment | 23 | - | €10,903 | +€10,903 | |
| Financial fixed assets | 28 | €676 | €676 | = | 0.0% |
| Current assets | 29/58 | €48,000 | €60,991 | +€12,991 | +27.1% |
| Amounts receivable within one year | 40/41 | €33,792 | €48,307 | +€14,515 | +43.0% |
| Trade receivables | 40 | €22,055 | €40,382 | +€18,327 | +83.1% |
| Other amounts receivable | 41 | €11,737 | €7,926 | -€3,812 | -32.5% |
| Cash at bank and in hand | 54/58 | €14,208 | €12,598 | -€1,610 | -11.3% |
| Deferred charges and accrued income | 490/1 | - | €86 | +€86 | |
| Total equity and liabilities | 10/49 | €161,415 | €162,062 | +€647 | +0.4% |
| Equity | 10/15 | €156,238 | €155,477 | -€760 | -0.5% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €17,219 | €16,458 | -€760 | -4.4% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Distributable reserves | 133 | €14,740 | €13,979 | -€760 | -5.2% |
| Profit (loss) carried forward | 14 | €114,230 | €114,230 | = | 0.0% |
| Amounts payable | 17/49 | €5,177 | €6,585 | +€1,407 | +27.2% |
| Amounts payable within one year | 42/48 | €5,177 | €6,585 | +€1,407 | +27.2% |
| Trade debts | 44 | €5,165 | €3,105 | -€2,061 | -39.9% |
| Suppliers | 440/4 | €5,165 | €3,105 | -€2,061 | -39.9% |
| Other amounts payable | 47/48 | €12 | €3,480 | +€3,468 | +28,660% |
| Turnover | 70 | €93,974 | €51,118 | -€42,856 | -45.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €73,274 | €30,766 | -€42,508 | -58.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,538 | €12,344 | -€194 | -1.5% |
| Other operating charges | 640/8 | €3,994 | €4,265 | +€271 | +6.8% |
| Gross operating margin | 9900 | €20,700 | €20,352 | -€347 | -1.7% |
| Operating profit (loss) | 9901 | €4,168 | €3,743 | -€425 | -10.2% |
| Financial income | 75/76B | €78 | €77 | -€1 | -1.0% |
| Recurring financial income | 75 | €78 | €77 | -€1 | -1.0% |
| Financial charges | 65/66B | €327 | €81 | -€246 | -75.3% |
| Recurring financial charges | 65 | €327 | €81 | -€246 | -75.3% |
| Profit (loss) for the period before taxes | 9903 | €3,919 | €3,740 | -€179 | -4.6% |
| Income taxes | 67/77 | €1,069 | €1,020 | -€49 | -4.6% |
| Profit (loss) for the period | 9904 | €2,850 | €2,720 | -€130 | -4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,850 | €2,720 | -€130 | -4.6% |
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 18 October 2026 via checked.be.