PortaBlu
ActivePortaBlu has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €117k and a net result of €62k. Equity is growing by ~55.5% per year across the filed fiscal years. Its solvency ranks better than 24% of 12632 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
86
/ 100
Excellent▲ +30 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency41▲+22
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity tight (current ratio 1.1 against 0.94 in 2024), and 74.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
25.8%
Return on assets
13.6%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 12632 sector peers (2025).
NBB · sector comparisonPosition among 12632 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
29 d late
2024
67 d late
2023
64 d late
2022
70 d late
2021
28 d late
2020
53 d late
2019
17 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€117k▲ 112%
2024 · €55k
2018: €-21k
2019: €-8k
2020: €14k
2021: €19k
2022: €25k
2023: €25k
2024: €55k
2018 → 2025
Total assets
€451k▲ 14.8%
2024 · €393k
2018: €415k
2019: €394k
2020: €369k
2021: €347k
2022: €356k
2023: €326k
2024: €393k
2018 → 2025
Net result
€62k▲ 103%
2024 · €30k
2018: €-21k
2019: €13k
2020: €23k
2021: €5k
2022: €6k
2023: €-702
2024: €30k
2018 → 2025
Working capital
€18k
2024 · €-9k
2018: €-69k
2019: €-62k
2020: €-46k
2021: €-40k
2022: €-41k
2023: €-36k
2024: €-9k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€19k-€25k▲ 30.5%€25k▼ 2.8%€55k▲ 123%€117k▲ 112%
Operating result€15k-€14k▼ 4.5%€4k▼ 68.5%€43k▲ 876%€89k▲ 108%
Net result€5k-€6k▲ 16.5%€-702€30k€62k▲ 103%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 108% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €451k
Fixed assets
€251k▲ 2.4%
Current assets
€200k▲ 35.4%
Equity and liabilities €451k
Equity
€117k▲ 112%
Debt
€335k▼ 1.0%
The debt ratio falls from 86.0% to 74.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€125k▲
2024 · €74k
Cash flow
€97k▲
2024 · €62k
Solvency
25.8%▲
2024 · 14.0%
Current ratio
1.10▲
2024 · 0.94
Quick ratio
1.10▲
2024 · 0.94
Debt / equity
2.87▼
2024 · 6.14
ROE
52.8%▼
2024 · 55.1%
ROA
13.6%▲
2024 · 7.7%
Interest coverage
31.83▲
2024 · 16.89
Debt
€335k▼
2024 · €338k
Debt ≤ 1 year
€182k▲
2024 · €157k
Debt > 1 year
€152k▼
2024 · €181k
Income taxes
€24k▲
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€393k€451k▲
Fixed assets21/28€245k€251k▲
Tangible fixed assets22/27€245k€251k▲
Land and buildings22€210k€185k▼
Furniture and vehicles24€151€967▲
Other tangible fixed assets26€34k€65k▲
Current assets29/58€148k€200k▲
Amounts receivable within one year40/41€51k€77k▲
Trade receivables40€21k€27k▲
Other amounts receivable41€30k€50k▲
Cash at bank and in hand54/58€36k€47k▲
Deferred charges and accrued income490/1€61k€76k▲
Equity and liabilities
Total equity and liabilities10/49€393k€451k▲
Equity10/15€55k€117k▲
Contributions10/11€20k€20k=
Reserves13€30k€96k▲
Distributable reserves133€30k€96k▲
Profit (loss) carried forward14€5k€238▼
Amounts payable17/49€338k€335k▼
Amounts payable after more than one year17€181k€152k▼
Financial debts170/4€181k€152k▼
Amounts payable within one year42/48€157k€182k▲
Current portion of amounts payable after more than one year42€28k€28k▲
Trade debts44€5k€5k▲
Suppliers440/4€5k€5k▲
Advances received on contracts in progress46€106k€112k▲
Taxes, remuneration and social security45€8k€27k▲
Taxes450/3€8k€27k▲
Other amounts payable47/48€11k€10k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€35k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€1k
Other operating charges640/8€3k€3k▼
Gross operating margin9900€77k€128k▲
Operating profit (loss)9901€43k€89k▲
Financial income75/76B€1€550▲
Recurring financial income75€1€550▲
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€39k€86k▲
Income taxes67/77€8k€24k▲
Profit (loss) for the period9904€30k€62k▲
Profit (loss) for the period to be appropriated9905€30k€62k▲
Appropriation of the result
Profit (loss) to be appropriated9906€35k€66k▲
Profit (loss) brought forward from the previous period14P€5k€5k=
Transfer to equity691/2€30k€66k▲
To other reserves6921€30k€66k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-12
Financial
Highest result since 2018net €62k ▲103%
Operating result €89k, net result €62k, both a record.
31-12
Financial
Equity above €100kEq €117k ▲112%
2 profitable years in a row build equity to €117k.
06-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 67 days late
2024
31-12
Financial
Back to profitnet €30k
Net result €30k after one loss-making year.
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 64 days late
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
28-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 28 days late
2021
22-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 53 days late
2020
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
23-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 54 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Lier · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Zuut 62500 LierGround area
2,698 m²
Building footprint
209 m²
Parcel 12393D0331/00D000, Flanders. Linked by address, not a title deed.
1 establishment unit
PortaBlu
since 20162.253.987.911
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12393D0331/00D000 | Flanders | 2,698 m² | 1 · 209 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
2022 to 2025 · 4 entries · 1,346 EUR awarded · 1,346 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 255 EUR | 255 EUR |
| 2024 | 1 | 441 EUR | 441 EUR |
| 2023 | 1 | 194 EUR | 194 EUR |
| 2022 | 1 | 456 EUR | 456 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,122 companies in sector 69201 we hold annual accounts for 7,601. 6,492 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-06-2016
Fiscal year end31-12
Activities, NACEBEL
69201Certified accountants and tax accountants
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.