PORTAFINE
ActiveSummary
PORTAFINE has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €659k and a net result of €15k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 54% of 11322 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability37▼-15
Solvency73▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 4.99 against 9.13 in 2024; short-term debt: 7.1% and cash: 21.1% of total assets), but 52.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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
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
47.8%
Return on assets
1.1%
Age of the figures
15 mo
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 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
4 d late
2023
on the day
2022
on the day
2021
10 d late
2020
254 d late
2019
25 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€659k▼ 4.7%
2024 · €692k
2019: €611k
2020: €585k
2021: €584k
2022: €760k
2023: €642k
2024: €692k
2019 → 2025
Total assets
€1.38M▼ 1.0%
2024 · €1.39M
2019: €950k
2020: €892k
2021: €862k
2022: €973k
2023: €1.51M
2024: €1.39M
2019 → 2025
Net result
€15k▼ 70.7%
2024 · €50k
2019: €-29k
2020: €-25k
2021: €-1k
2022: €12k
2023: €-118k
2024: €50k
2019 → 2025
Working capital
€390k▼ 10.0%
2024 · €433k
2019: €205k
2020: €166k
2021: €144k
2022: €639k
2023: €264k
2024: €433k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€584k-€760k▲ 30.1%€642k▼ 15.5%€692k▲ 7.8%€659k▼ 4.7%
Operating result€3k-€44k▲ 1,291%€-113k€89k€43k▼ 51.4%
Net result€-1k-€12k€-118k€50k€15k▼ 70.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 51% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.38M
Fixed assets
€892k ▼ 1.6%
Current assets
€488k ▲ 0.2%
Equity and liabilities €1.38M
Equity
€659k ▼ 4.7%
Debt
€720k ▲ 2.7%
Debt's share of the balance-sheet total rises from 50.3% to 52.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€61k▼
2024 · €116k
Cash flow
€32k▼
2024 · €78k
Current ratio
4.99▼
2024 · 9.13
Debt to equity
1.09▲
2024 · 1.01
ROE
2.2%▼
2024 · 7.2%
ROA
1.1%▼
2024 · 3.6%
Interest coverage
1.99▼
2024 · 3.43
Debt ≤ 1 year
€98k▲
2024 · €53k
Debt > 1 year
€623k▼
2024 · €648k
Income taxes
€3k▼
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.39M€1.38M▼
Fixed assets21/28€907k€892k▼
Tangible fixed assets22/27€907k€892k▼
Land and buildings22€899k€886k▼
Plant, machinery and equipment23€6k€5k▼
Furniture and vehicles24€1k€807▼
Current assets29/58€487k€488k▲
Amounts receivable after more than one year29€220k€120k▼
Trade receivables290-€120k
Other amounts receivable291€220k-
Amounts receivable within one year40/41€48k€77k▲
Trade receivables40€17k€25k▲
Other amounts receivable41€31k€51k▲
Current investments50/53€175k-
Cash at bank and in hand54/58€43k€291k▲
Equity and liabilities
Total equity and liabilities10/49€1.39M€1.38M▼
Equity10/15€692k€659k▼
Contributions10/11€30k€30k=
Reserves13€662k€629k▼
Non-distributable reserves130/1€4k€4k=
Reserves not available under the articles1311€4k€4k=
Tax-exempt reserves132€18k€18k▼
Distributable reserves133€640k€608k▼
Amounts payable17/49€701k€720k▲
Amounts payable after more than one year17€648k€623k▼
Financial debts170/4€648k€623k▼
Amounts payable within one year42/48€53k€98k▲
Current portion of amounts payable after more than one year42€25k€26k▲
Trade debts44€9k€0▼
Suppliers440/4€9k€0▼
Taxes, remuneration and social security45€20k€27k▲
Taxes450/3€20k€27k▲
Other amounts payable47/48-€45k
Income statement
Code20242025
Non-recurring operating income76A€45k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€18k▼
Other operating charges640/8€3k€5k▲
Gross operating margin9900€119k€66k▼
Operating profit (loss)9901€89k€43k▼
Financial income75/76B€520€4k▲
Recurring financial income75€520€4k▲
Financial charges65/66B€34k€30k▼
Recurring financial charges65€34k€30k▼
Profit (loss) for the period before taxes9903€55k€17k▼
Income taxes67/77€5k€3k▼
Profit (loss) for the period9904€50k€15k▼
Transfer from tax-exempt reserves789€553€553=
Profit (loss) for the period to be appropriated9905€50k€15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€50k€15k▼
Transfer from equity791/2-€47k
Transfer to equity691/2€50k€15k▼
To other reserves6921€50k€15k▼
Profit to be distributed694/7-€47k
Return on contributions (dividend)694-€47k
The notes to these accounts (6 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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
30-06
Financial
Back to profitnet €50k
Net result €50k after one loss-making year.
30-06
Financial
Liquidity doublescurrent ratio 9.13
Current ratio from 3.76 to 9.13; short-term debt falls from €95k to €53k.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Weakest financial yearnet €-118k ▼1048%
Net result drops to €-118k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €12k
Net result €12k after 3 loss-making years.
30-06
Financial
Liquidity quadruplescurrent ratio 8.86
Current ratio from 2.23 to 8.86; short-term debt falls from €117k to €81k.
10-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
2021
12-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 254 days late
2020
06-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
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.
Directors · office · real estate
Directors
8 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, Nazareth-De Pinte · 1 establishment unit since 2010
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.
Cornelis de Schepperestraat 6B9810 Nazareth-De PinteGround area
2,498 m²
Building footprint
202 m²
Volume, LiDAR
601 m³
2 parcels, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DACON
since 20102.185.647.946
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11322E0263/00V000 | Flanders | 2,151 m² | 1 · 105 m² | 9.2 m · 2 fl. |
| 44018B0711/00R003 | Flanders | 346 m² | 1 · 97 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
R.S.T. VOOR U
BE 0476.967.509
Genk · Eq €647,783
INTERHOLCO BELGIUM
BE 0638.860.212
Aalst · Eq €682,006
VAN DE BOEL
BE 0437.974.497
Dilsen-Stokkem · Eq €682,406
FLOOR CONSULTING
BE 0452.868.749
Sombreffe · Eq €688,025
GENERAL FLOORING
BE 0544.523.554
Wavre · Eq €631,372
Of 1,137 companies in sector 46130 we hold annual accounts for 646. 400 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-02-2010
Fiscal year end30-06
Activities, NACEBEL 2025
46130Agents in the wholesale of timber and building materials
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.