TOM PRIMEUR: 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.
TOM PRIMEUR
Largest movements
- Cash -€19,377
down €19,377 (-30.3%), from €63,906 to €44,529
mainly Contributions, distributions and other (-€50,000) and Receivables within one year (-€5,157)
- Tangible fixed assets -€17,559
down €17,559 (-51.5%), from €34,071 to €16,513
of which Furniture and vehicles: -€15,703
- Receivables within one year +€5,157
up €5,157 (+7.1%), from €72,891 to €78,048
of which Other amounts receivable: +€5,289
- Profit (loss) carried forward -€31,113
down €31,113 (-26.9%), from €115,514 to €84,401
- Tax, wage and social debts -€2,827
down €2,827 (-19.4%), from €14,585 to €11,758
of which Taxes: -€2,848
- Gross operating margin -€21,141
down €21,141 (-31.5%), from €67,137 to €45,996
- Taxes -€2,981
down €2,981 (-29.1%), from €10,227 to €7,247
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 | €174,209 | €141,809 | -€32,400 | -18.6% |
| Fixed assets | 21/28 | €34,164 | €16,605 | -€17,559 | -51.4% |
| Tangible fixed assets | 22/27 | €34,071 | €16,513 | -€17,559 | -51.5% |
| Land and buildings | 22 | €6,823 | €4,228 | -€2,595 | -38.0% |
| Plant, machinery and equipment | 23 | €1,957 | €2,697 | +€740 | +37.8% |
| Furniture and vehicles | 24 | €25,291 | €9,588 | -€15,703 | -62.1% |
| Financial fixed assets | 28 | €93 | €93 | = | 0.0% |
| Current assets | 29/58 | €140,045 | €125,204 | -€14,841 | -10.6% |
| Amounts receivable within one year | 40/41 | €72,891 | €78,048 | +€5,157 | +7.1% |
| Trade receivables | 40 | €16,752 | €16,620 | -€132 | -0.8% |
| Other amounts receivable | 41 | €56,139 | €61,428 | +€5,289 | +9.4% |
| Cash at bank and in hand | 54/58 | €63,906 | €44,529 | -€19,377 | -30.3% |
| Deferred charges and accrued income | 490/1 | €3,248 | €2,627 | -€622 | -19.1% |
| Total equity and liabilities | 10/49 | €174,209 | €141,809 | -€32,400 | -18.6% |
| Equity | 10/15 | €157,709 | €126,596 | -€31,113 | -19.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €29,795 | €29,795 | = | 0.0% |
| Distributable reserves | 133 | €29,795 | €29,795 | = | 0.0% |
| Profit (loss) carried forward | 14 | €115,514 | €84,401 | -€31,113 | -26.9% |
| Amounts payable | 17/49 | €16,500 | €15,213 | -€1,287 | -7.8% |
| Amounts payable within one year | 42/48 | €15,688 | €13,172 | -€2,516 | -16.0% |
| Current portion of amounts payable after more than one year | 42 | €806 | - | -€806 | |
| Trade debts | 44 | €297 | €1,414 | +€1,117 | +376% |
| Suppliers | 440/4 | €297 | €1,414 | +€1,117 | +376% |
| Taxes, remuneration and social security | 45 | €14,585 | €11,758 | -€2,827 | -19.4% |
| Taxes | 450/3 | €14,551 | €11,703 | -€2,848 | -19.6% |
| Remuneration and social security | 454/9 | €34 | €55 | +€21 | +61.2% |
| Accrued charges and deferred income | 492/3 | €812 | €2,041 | +€1,229 | +151% |
| Remuneration, social security and pensions | 62 | - | €190 | +€190 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,421 | €18,809 | +€388 | +2.1% |
| Other operating charges | 640/8 | €816 | €745 | -€71 | -8.7% |
| Gross operating margin | 9900 | €67,137 | €45,996 | -€21,141 | -31.5% |
| Operating profit (loss) | 9901 | €47,900 | €26,252 | -€21,648 | -45.2% |
| Financial income | 75/76B | €0 | €50 | +€50 | +26,216% |
| Recurring financial income | 75 | €0 | €50 | +€50 | +26,216% |
| Financial charges | 65/66B | €171 | €169 | -€2 | -1.1% |
| Recurring financial charges | 65 | €171 | €169 | -€2 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €47,730 | €26,133 | -€21,596 | -45.2% |
| Income taxes | 67/77 | €10,227 | €7,247 | -€2,981 | -29.1% |
| Profit (loss) for the period | 9904 | €37,502 | €18,887 | -€18,616 | -49.6% |
| Profit (loss) for the period to be appropriated | 9905 | €37,502 | €18,887 | -€18,616 | -49.6% |
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 16 October 2026 via checked.be.