PORSIMA
ActiveSummary
PORSIMA has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €602,006 and a net result of -€5,470. Equity is growing by ~39.8% per year across the filed fiscal years. Its solvency ranks better than 44% of 1766 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability68▼-17
Solvency62▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity tight (current ratio 1.01 against 1.14 in 2024; short-term debt: 56.4% and cash: 24.8% of total assets), and 63% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-12-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
1 d early
2023
40 d early
2022
on the day
2021
on the day
2020
2 d early
2019
25 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 16 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 30 January (4 of the last 5 filed years within 39 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#6 company by total assets in Sint-Laureins, Agriculture, forestry and fishing sector#6 company by equity in Sint-Laureins, Agriculture, forestry and fishing sector
Equity
€602,006▼ 0.9%
2024 · €607,476
Total assets
€1.6m▲ 4.1%
2024 · €1.6m
Net result
-€5,470
2024 · €203,328
Working capital
€10,962▼ 89.4%
2024 · €103,414
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€9,387▼ 91.8%€2,562▼ 72.7%€256,809▲ 9,926%€194,237▼ 24.4%-€6,411
Net result€6,812within the sector's middle half▼ 93.9%€465within the sector's middle half▼ 93.2%€204,475within the sector's middle half▲ 43,848%€203,328within the sector's middle half▼ 0.6%-€5,470below the sector's middle half
Equity€199,207within the sector's middle half▲ 3.5%€199,672within the sector's middle half▲ 0.2%€404,148within the sector's middle half▲ 102%€607,476within the sector's middle half▲ 50.3%€602,006within the sector's middle half▼ 0.9%
Total assets€1.5mwithin the sector's middle half▲ 12.4%€1.2mwithin the sector's middle half▼ 18.0%€1.4mwithin the sector's middle half▲ 12.6%€1.6mwithin the sector's middle half▲ 11.8%€1.6mwithin the sector's middle half▲ 4.1%
Debt€1.3m▲ 13.9%€1.0m▼ 20.8%€945,315▼ 9.4%€909,794▼ 3.8%€983,060▲ 8.1%
Working capital-€230,073below the sector's middle half▼ 18.0%-€233,347below the sector's middle half▼ 1.4%€42,483within the sector's middle half€103,414within the sector's middle half▲ 143%€10,962within the sector's middle half▼ 89.4%
Solvency13.1%below the sector's middle half▼ 1.1pp16.1%within the sector's middle half▲ 2.9pp28.9%within the sector's middle half▲ 12.8pp38.8%within the sector's middle half▲ 10.0pp37.0%within the sector's middle half▼ 1.9pp
Current ratio0.76below the sector's middle half▼ 0.010.70below the sector's middle half▼ 0.061.06within the sector's middle half▲ 0.361.14within the sector's middle half▲ 0.071.01within the sector's middle half▼ 0.13
Return on assets (ROA)0.4%within the sector's middle half▼ 7.8pp0.0%within the sector's middle half▼ 0.4pp14.6%above the sector's middle half▲ 14.6pp13.0%above the sector's middle half▼ 1.6pp-0.3%below the sector's middle half▼ 13.3pp
above
within
below
the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €6,411 after €194,237 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.6m
Fixed assets
€698,463 ▼ 1.9%
Current assets
€929,577 ▲ 9.1%
Equity and liabilities €1.6m
Equity
€602,006 ▼ 0.9%
Provisions
€42,975 ▼ 7.6%
Debt
€983,060 ▲ 8.1%
Debt's share of the balance-sheet total rises from 58.2% to 60.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€96,938▼
2024 · €295,073
Cash flow
€97,879▼
2024 · €304,165
Quick ratio
0.62▲
2024 · 0.62
Debt to equity
1.63▲
2024 · 1.50
ROE
-0.9%▼
2024 · 33.5%
Interest coverage
14.69▼
2024 · 31.09
Debt ≤ 1 year
€918,615▲
2024 · €748,443
Debt > 1 year
€64,444▼
2024 · €161,352
Income taxes
€1,183▼
2024 · €15,234
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,611 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.1%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 8,611 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €203,707 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €74,030 | €79,001 | €79,280 | €100,836 | €103,349 | ▲ 2.5% |
| Other operating charges640/8 | - | €8,603 | €9,508 | €9,655 | €9,129 | ▼ 5.4% |
| Gross operating margin9900 | €91,547 | €90,165 | €345,597 | €304,728 | €106,067 | ▼ 65.2% |
| Operating profit (loss)9901 | €9,387 | €2,562 | €256,809 | €194,237 | -€6,411 | ▼ 103% |
| Financial income75/76B | - | €7,376 | €5,905 | €30,981 | €5,182 | ▼ 83.3% |
| Recurring financial income75 | €8,856 | €7,376 | €5,905 | €30,981 | €5,182 | ▼ 83.3% |
| Financial charges65/66B | - | €9,047 | €8,536 | €9,491 | €6,599 | ▼ 30.5% |
| Recurring financial charges65 | €10,936 | €9,047 | €8,536 | €9,491 | €6,599 | ▼ 30.5% |
| Profit (loss) for the period before taxes9903 | €7,306 | €890 | €254,178 | €215,727 | -€7,827 | ▼ 104% |
| Transfer from deferred taxes780 | - | - | €1,577 | €2,835 | €3,540 | ▲ 24.9% |
| Transfer to deferred taxes680 | - | - | €50,927 | - | - | - |
| Income taxes67/77 | €494 | €425 | €353 | €15,234 | €1,183 | ▼ 92.2% |
| Profit (loss) for the period9904 | €6,812 | €465 | €204,475 | €203,328 | -€5,470 | ▼ 103% |
| Transfer from tax-exempt reserves789 | - | - | €4,731 | €8,504 | €10,621 | ▲ 24.9% |
| Transfer to tax-exempt reserves689 | - | - | €152,780 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €6,812 | €465 | €56,427 | €211,832 | €5,151 | ▼ 97.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.5m | €1.2m | €1.4m | €1.6m | €1.6m | ▲ 4.1% |
| Fixed assets21/28 | €773,852 | €694,851 | €690,250 | €711,929 | €698,463 | ▼ 1.9% |
| Tangible fixed assets22/27 | €773,852 | €694,851 | €690,250 | €711,929 | €698,463 | ▼ 1.9% |
| Land and buildings22 | - | €548,852 | €443,191 | €494,245 | €510,154 | ▲ 3.2% |
| Plant, machinery and equipment23 | - | €145,999 | €247,059 | €217,684 | €188,309 | ▼ 13.5% |
| Current assets29/58 | €742,137 | €547,653 | €708,562 | €851,856 | €929,577 | ▲ 9.1% |
| Stocks and contracts in progress3 | €238,960 | €211,718 | €446,056 | €390,901 | €356,392 | ▼ 8.8% |
| Stocks30/36 | - | €211,718 | €446,056 | €390,901 | €356,392 | ▼ 8.8% |
| Amounts receivable within one year40/41 | €284,951 | €167,465 | €26,518 | €110,280 | €158,816 | ▲ 44.0% |
| Trade receivables40 | - | €167,465 | €14,872 | €66,957 | €68,037 | ▲ 1.6% |
| Other amounts receivable41 | - | - | €11,647 | €43,323 | €90,779 | ▲ 110% |
| Cash at bank and in hand54/58 | €207,974 | €125,181 | €225,799 | €348,979 | €403,800 | ▲ 15.7% |
| Deferred charges and accrued income490/1 | - | €43,289 | €10,189 | €1,697 | €10,569 | ▲ 523% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.5m | €1.2m | €1.4m | €1.6m | €1.6m | ▲ 4.1% |
| Equity10/15 | €199,207 | €199,672 | €404,148 | €607,476 | €602,006 | ▼ 0.9% |
| Contributions10/11 | - | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Reserves13 | €14,737 | €14,737 | €162,786 | €154,282 | €143,661 | ▼ 6.9% |
| Non-distributable reserves130/1 | - | €14,737 | €14,737 | - | - | - |
| Reserves not available under the articles1311 | - | €14,737 | €14,737 | - | - | - |
| Tax-exempt reserves132 | - | - | €148,049 | €139,545 | €128,924 | ▼ 7.6% |
| Distributable reserves133 | - | - | - | €14,737 | €14,737 | = |
| Profit (loss) carried forward14 | €34,470 | €34,935 | €91,362 | €303,194 | €308,345 | ▲ 1.7% |
| Provisions and deferred taxes16 | - | - | €49,350 | €46,515 | €42,975 | ▼ 7.6% |
| Deferred taxes168 | - | - | €49,350 | €46,515 | €42,975 | ▼ 7.6% |
| Amounts payable17/49 | €1.3m | €1.0m | €945,315 | €909,794 | €983,060 | ▲ 8.1% |
| Amounts payable after more than one year17 | €344,572 | €261,832 | €258,259 | €161,352 | €64,444 | ▼ 60.1% |
| Financial debts170/4 | - | €261,832 | €258,259 | €161,352 | €64,444 | ▼ 60.1% |
| Amounts payable within one year42/48 | €972,210 | €780,999 | €666,079 | €748,443 | €918,615 | ▲ 22.7% |
| Current portion of amounts payable after more than one year42 | - | €82,740 | €96,907 | €96,907 | €96,907 | = |
| Trade debts44 | €564,049 | €391,589 | €292,541 | €374,121 | €534,378 | ▲ 42.8% |
| Suppliers440/4 | - | €391,589 | €292,541 | €374,121 | €534,378 | ▲ 42.8% |
| Taxes, remuneration and social security45 | - | €8,519 | €3,108 | €32 | €422 | ▲ 1,198% |
| Taxes450/3 | - | €8,519 | €3,108 | €32 | €422 | ▲ 1,198% |
| Other amounts payable47/48 | - | €298,152 | €273,523 | €277,382 | €286,908 | ▲ 3.4% |
| Accrued charges and deferred income492/3 | - | - | €20,977 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,812 | €465 | €204,475 | €203,328 | -€5,470 | ▼ 103% |
| + Depreciation and write-downs630 | €74,030 | €79,001 | €79,280 | €100,836 | €103,349 | ▲ 2.5% |
| Operating cash flow (approximation) | €80,842 | €79,466 | €283,755 | €304,165 | €97,879 | ▼ 67.8% |
| Investment in fixed assets (approximation) | - | €0 | -€74,679 | -€122,515 | -€89,883 | ▲ 26.6% |
| Change in cash | - | -€82,793 | €100,618 | €123,180 | €54,822 | ▼ 55.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Equity above €500,000Eq €607,476 ▲50.3%
5 profitable years in a row build equity to €607,476.
2023
22-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-06
Financial
Highest result since 2019net €204,475 ▲43,848%
Operating result €256,809, net result €204,475, both a record.
30-06
Financial
Equity above €200,000Eq €404,148 ▲102%
4 profitable years in a row build equity to €404,148.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Back to profitnet €111,605
Net result €111,605 after one loss-making year.
30-06
Financial
Equity above €150,000Eq €192,395 ▲138%
Equity rises from €80,789 to €192,395.
06-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2018
21-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
22-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
13-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Laureins · 1 establishment unit since 2006
Ground area
1.1 ha
Building footprint
1,404 m²
Volume, LiDAR
4,912 m³
Parcel 43015B0738/00D000, Flanders · tallest building 5.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
PORSIMA
since 20062.155.402.455
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43015B0738/00D000 | Flanders | 1.1 ha | 1 · 1,404 m² | 5.1 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 15,007 EUR awarded · 15,007 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 7,957 EUR | 7,957 EUR |
| 2023 | 1 | 7,050 EUR | 7,050 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Laureins2.155.402.455
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Of 903 companies in sector 01461 we hold annual accounts for 295. 246 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-06-2006
Fiscal year end30-06
Activities, NACEBEL 2025
01461Pig breeding farms
46231Wholesale of live animals
E-invoicing
Reachable via Peppol
Peppol ID
0208:0882289432
Also
9925:BE0882289432
Registered
20-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.