PRIMROSE LABORATORIES: 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 LABORATORIES
Largest movements
- Stocks and contracts +€92,558
up €92,558 (+22.4%), from €412,621 to €505,179
- Receivables within one year -€49,369
down €49,369 (-20.7%), from €238,587 to €189,217
of which Trade receivables: -€43,322
- Tangible fixed assets -€27,012
down €27,012 (-55.7%), from €48,503 to €21,492
of which Plant, machinery and equipment: -€27,012
- Debts after one year -€89,095
down €89,095 (-9.8%), from €907,595 to €818,500
of which Financial debts: -€89,095
- Tax, wage and social debts +€47,353
up €47,353 (+52.1%), from €90,901 to €138,254
of which Taxes: +€27,444
- Current portion of long-term debt -€40,792
down €40,792 (-21.9%), from €186,226 to €145,434
- Trade debts +€31,708
up €31,708 (+29.4%), from €107,871 to €139,579
- Accrued charges and deferred income +€26,353
up €26,353 (+3.0%), from €869,741 to €896,094
- Gross operating margin +€90,747
up €90,747 (+26.2%), from €346,127 to €436,874
- Staff costs +€69,439
up €69,439 (+29.7%), from €233,625 to €303,064
- Financial charges -€18,586
down €18,586 (-21.3%), from €87,365 to €68,779
- Other operating charges +€5,777
up €5,777 (+58.1%), from €9,949 to €15,725
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,886,471 | €1,902,940 | +€16,470 | +0.9% |
| Fixed assets | 21/28 | €1,232,753 | €1,205,742 | -€27,012 | -2.2% |
| Tangible fixed assets | 22/27 | €48,503 | €21,492 | -€27,012 | -55.7% |
| Land and buildings | 22 | €1,344 | €70 | -€1,274 | -94.8% |
| Plant, machinery and equipment | 23 | €47,159 | €20,148 | -€27,012 | -57.3% |
| Furniture and vehicles | 24 | - | €1,274 | +€1,274 | |
| Financial fixed assets | 28 | €1,184,250 | €1,184,250 | = | 0.0% |
| Current assets | 29/58 | €653,717 | €697,199 | +€43,481 | +6.7% |
| Stocks and contracts in progress | 3 | €412,621 | €505,179 | +€92,558 | +22.4% |
| Stocks | 30/36 | €412,621 | €505,179 | +€92,558 | +22.4% |
| Amounts receivable within one year | 40/41 | €238,587 | €189,217 | -€49,369 | -20.7% |
| Trade receivables | 40 | €161,830 | €118,508 | -€43,322 | -26.8% |
| Other amounts receivable | 41 | €76,757 | €70,710 | -€6,047 | -7.9% |
| Cash at bank and in hand | 54/58 | €1,201 | €112 | -€1,089 | -90.7% |
| Deferred charges and accrued income | 490/1 | €1,309 | €2,691 | +€1,382 | +106% |
| Total equity and liabilities | 10/49 | €1,886,471 | €1,902,940 | +€16,470 | +0.9% |
| Equity | 10/15 | -€1,446,897 | -€1,423,038 | +€23,859 | +1.6% |
| Contributions | 10/11 | €3,750,000 | €3,750,000 | = | 0.0% |
| Capital | 10 | €3,750,000 | €3,750,000 | = | 0.0% |
| Issued capital | 100 | €3,750,000 | €3,750,000 | = | 0.0% |
| Reserves | 13 | €2,156 | €2,156 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,156 | €2,156 | = | 0.0% |
| Legal reserve | 130 | €2,156 | €2,156 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,199,053 | -€5,175,194 | +€23,859 | +0.5% |
| Amounts payable | 17/49 | €3,333,368 | €3,325,979 | -€7,389 | -0.2% |
| Amounts payable after more than one year | 17 | €907,595 | €818,500 | -€89,095 | -9.8% |
| Financial debts | 170/4 | €906,595 | €817,500 | -€89,095 | -9.8% |
| Other amounts payable | 178/9 | €1,000 | €1,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,556,032 | €1,611,385 | +€55,353 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €186,226 | €145,434 | -€40,792 | -21.9% |
| Trade debts | 44 | €107,871 | €139,579 | +€31,708 | +29.4% |
| Suppliers | 440/4 | €107,871 | €139,579 | +€31,708 | +29.4% |
| Taxes, remuneration and social security | 45 | €90,901 | €138,254 | +€47,353 | +52.1% |
| Taxes | 450/3 | €25,556 | €52,999 | +€27,444 | +107% |
| Remuneration and social security | 454/9 | €65,345 | €85,254 | +€19,909 | +30.5% |
| Other amounts payable | 47/48 | €1,171,034 | €1,188,118 | +€17,085 | +1.5% |
| Accrued charges and deferred income | 492/3 | €869,741 | €896,094 | +€26,353 | +3.0% |
| Non-recurring operating income | 76A | €10,000 | €0 | -€10,000 | -100% |
| Remuneration, social security and pensions | 62 | €233,625 | €303,064 | +€69,439 | +29.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,409 | €27,012 | +€602 | +2.3% |
| Other operating charges | 640/8 | €9,949 | €15,725 | +€5,777 | +58.1% |
| Gross operating margin | 9900 | €346,127 | €436,874 | +€90,747 | +26.2% |
| Operating profit (loss) | 9901 | €76,144 | €91,074 | +€14,929 | +19.6% |
| Financial income | 75/76B | €2,583 | €1,565 | -€1,018 | -39.4% |
| Recurring financial income | 75 | €2,583 | €1,565 | -€1,018 | -39.4% |
| Financial charges | 65/66B | €87,365 | €68,779 | -€18,586 | -21.3% |
| Recurring financial charges | 65 | €87,365 | €68,779 | -€18,586 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | -€8,638 | €23,859 | +€32,497 | |
| Profit (loss) for the period | 9904 | -€8,638 | €23,859 | +€32,497 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,638 | €23,859 | +€32,497 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.