PRIMROSE CONSULTING: 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.
PRIMROSE CONSULTING
Largest movements
- Tangible fixed assets +€500,313
up €500,313 (+32,843%), from €1,523 to €501,836
of which Land and buildings: +€498,451
- Current investments -€75,000
down €75,000 (-98.2%), from €76,392 to €1,392
- Cash +€52,935
up €52,935 (+169%), from €31,361 to €84,297
mainly Debts after one year (+€426,033) and Current investments (+€75,000)
- Debts after one year +€426,033
new in 2025: €426,033
- Reserves +€29,134
up €29,134 (+17.1%), from €170,036 to €199,169
- Tax, wage and social debts +€12,688
up €12,688 (+159%), from €7,994 to €20,682
- Current portion of long-term debt +€10,171
new in 2025: €10,171
- Gross operating margin +€71,506
up €71,506 (+82.5%), from €86,685 to €158,191
- Depreciation +€69,719
up €69,719 (+22,221%), from €314 to €70,033
- Financial charges +€18,394
up €18,394 (+1,242%), from €1,481 to €19,875
- Taxes -€6,299
down €6,299 (-28.5%), from €22,083 to €15,783
- Financial income +€4,582
up €4,582 (+950%), from €483 to €5,064
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 | €181,443 | €664,047 | +€482,604 | +266% |
| Fixed assets | 21/28 | €1,523 | €501,836 | +€500,313 | +32,843% |
| Tangible fixed assets | 22/27 | €1,523 | €501,836 | +€500,313 | +32,843% |
| Land and buildings | 22 | - | €498,451 | +€498,451 | |
| Furniture and vehicles | 24 | €1,523 | €3,385 | +€1,862 | +122% |
| Current assets | 29/58 | €179,920 | €162,211 | -€17,708 | -9.8% |
| Amounts receivable within one year | 40/41 | €71,493 | €75,897 | +€4,404 | +6.2% |
| Trade receivables | 40 | €71,478 | €75,843 | +€4,364 | +6.1% |
| Other amounts receivable | 41 | €14 | €54 | +€40 | +282% |
| Current investments | 50/53 | €76,392 | €1,392 | -€75,000 | -98.2% |
| Cash at bank and in hand | 54/58 | €31,361 | €84,297 | +€52,935 | +169% |
| Deferred charges and accrued income | 490/1 | €674 | €626 | -€48 | -7.1% |
| Total equity and liabilities | 10/49 | €181,443 | €664,047 | +€482,604 | +266% |
| Equity | 10/15 | €170,156 | €199,289 | +€29,134 | +17.1% |
| Contributions | 10/11 | €120 | €120 | = | 0.0% |
| Reserves | 13 | €170,036 | €199,169 | +€29,134 | +17.1% |
| Distributable reserves | 133 | €170,036 | €199,169 | +€29,134 | +17.1% |
| Amounts payable | 17/49 | €11,287 | €464,758 | +€453,471 | +4,018% |
| Amounts payable after more than one year | 17 | - | €426,033 | +€426,033 | |
| Financial debts | 170/4 | - | €426,033 | +€426,033 | |
| Amounts payable within one year | 42/48 | €9,390 | €36,963 | +€27,573 | +294% |
| Current portion of amounts payable after more than one year | 42 | - | €10,171 | +€10,171 | |
| Trade debts | 44 | €1,110 | €3,835 | +€2,724 | +245% |
| Suppliers | 440/4 | €1,110 | €3,835 | +€2,724 | +245% |
| Taxes, remuneration and social security | 45 | €7,994 | €20,682 | +€12,688 | +159% |
| Taxes | 450/3 | €7,994 | €20,682 | +€12,688 | +159% |
| Other amounts payable | 47/48 | €286 | €2,275 | +€1,989 | +696% |
| Accrued charges and deferred income | 492/3 | €1,897 | €1,763 | -€134 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €314 | €70,033 | +€69,719 | +22,221% |
| Other operating charges | 640/8 | €637 | €1,430 | +€794 | +125% |
| Gross operating margin | 9900 | €86,685 | €158,191 | +€71,506 | +82.5% |
| Operating profit (loss) | 9901 | €85,735 | €86,728 | +€993 | +1.2% |
| Financial income | 75/76B | €483 | €5,064 | +€4,582 | +950% |
| Recurring financial income | 75 | €483 | €5,064 | +€4,582 | +950% |
| Financial charges | 65/66B | €1,481 | €19,875 | +€18,394 | +1,242% |
| Recurring financial charges | 65 | €1,481 | €19,875 | +€18,394 | +1,242% |
| Profit (loss) for the period before taxes | 9903 | €84,736 | €71,917 | -€12,819 | -15.1% |
| Income taxes | 67/77 | €22,083 | €15,783 | -€6,299 | -28.5% |
| Profit (loss) for the period | 9904 | €62,653 | €56,134 | -€6,520 | -10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €62,653 | €56,134 | -€6,520 | -10.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.