PORTARUM
ActiveSummary
PORTARUM has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €572k and a net result of €25k. Equity is growing by ~13.8% per year across the filed fiscal years. Its solvency ranks better than 18% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
60
/ 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
Profitability46▼-3
Solvency38▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity short (current ratio 0.21 against 0.04 in 2024; short-term debt: 23% and cash: 2.3% of total assets), and 87.4% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
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
12.6%
Return on assets
0.5%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 31694 sector peers (2025).
NBB · sector comparisonPosition among 31694 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 13-04-2026, 17 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
17 d early
2024
33 d early
2023
4 d early
2022
2 d late
2021
4 d late
2020
on the day
2019
32 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€572k▲ 4.6%
2024 · €547k
2018: €257k
2019: €250k
2020: €275k
2021: €356k
2022: €427k
2023: €518k
2024: €547k
2018 → 2025
Total assets
€4.54M▲ 13.8%
2024 · €3.99M
2018: €1.65M
2019: €4.70M
2020: €4.55M
2021: €4.50M
2022: €4.40M
2023: €4.21M
2024: €3.99M
2018 → 2025
Net result
€25k▼ 14.4%
2024 · €29k
2018: €15k
2019: €-7k
2020: €25k
2021: €81k
2022: €71k
2023: €92k
2024: €29k
2018 → 2025
Working capital
€-828k▲ 9.2%
2024 · €-912k
2018: €-138k
2019: €-574k
2020: €-617k
2021: €-607k
2022: €-1.41M
2023: €-846k
2024: €-912k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€356k-€427k▲ 19.8%€518k▲ 21.5%€547k▲ 5.6%€572k▲ 4.6%
Operating result€165k-€143k▼ 13.3%€178k▲ 24.2%€130k▼ 27.1%€123k▼ 4.9%
Net result€81k-€71k▼ 12.5%€92k▲ 29.8%€29k▼ 68.2%€25k▼ 14.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 5% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.54M
Fixed assets
€4.33M ▲ 9.5%
Current assets
€215k ▲ 468%
Equity and liabilities €4.54M
Equity
€572k ▲ 4.6%
Debt
€3.97M ▲ 15.3%
Debt's share of the balance-sheet total rises from 86.3% to 87.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€285k▼
2024 · €286k
Cash flow
€186k▲
2024 · €185k
Current ratio
0.21▲
2024 · 0.04
Debt to equity
6.93▲
2024 · 6.29
ROE
4.4%▼
2024 · 5.3%
ROA
0.5%▼
2024 · 0.7%
Interest coverage
3.21▼
2024 · 3.48
Debt ≤ 1 year
€1.04M▲
2024 · €950k
Debt > 1 year
€2.81M▲
2024 · €2.40M
Income taxes
€10k▼
2024 · €18k
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 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.99M€4.54M▲
Fixed assets21/28€3.95M€4.33M▲
Tangible fixed assets22/27€3.95M€4.33M▲
Land and buildings22€3.95M€4.33M▲
Plant, machinery and equipment23€136€0▼
Current assets29/58€38k€215k▲
Amounts receivable within one year40/41€17k€108k▲
Trade receivables40€0€29k▲
Other amounts receivable41€17k€78k▲
Cash at bank and in hand54/58€19k€104k▲
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€3.99M€4.54M▲
Equity10/15€547k€572k▲
Contributions10/11€250k€250k=
Reserves13€105k€105k=
Non-distributable reserves130/1€7k€7k=
Reserves not available under the articles1311€7k€7k=
Distributable reserves133€98k€98k=
Profit (loss) carried forward14€192k€217k▲
Amounts payable17/49€3.44M€3.97M▲
Amounts payable after more than one year17€2.40M€2.81M▲
Financial debts170/4€1.80M€2.01M▲
Other amounts payable178/9€600k€800k▲
Amounts payable within one year42/48€950k€1.04M▲
Current portion of amounts payable after more than one year42€261k€259k▼
Financial debts43€0€426k▲
Credit institutions430/8€0€426k▲
Trade debts44€11k€27k▲
Suppliers440/4€11k€27k▲
Taxes, remuneration and social security45€37k€36k▼
Taxes450/3€32k€26k▼
Remuneration and social security454/9€5k€10k▲
Other amounts payable47/48€641k€295k▼
Accrued charges and deferred income492/3€96k€114k▲
Income statement
Code20242025
Non-recurring operating income76A€376-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€156k€162k▲
Other operating charges640/8€86k€43k▼
Non-recurring operating charges66A-€780
Gross operating margin9900€372k€328k▼
Operating profit (loss)9901€130k€123k▼
Financial income75/76B€0€0=
Recurring financial income75€0€0=
Non-recurring financial income76B-€0
Financial charges65/66B€82k€89k▲
Recurring financial charges65€82k€89k▲
Profit (loss) for the period before taxes9903€47k€35k▼
Income taxes67/77€18k€10k▼
Profit (loss) for the period9904€29k€25k▼
Profit (loss) for the period to be appropriated9905€29k€25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€192k€217k▲
Profit (loss) brought forward from the previous period14P€163k€192k▲
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
13-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2018net €92k ▲29.8%
Operating result €178k, net result €92k, both a record.
30-09
Financial
Equity above €500kEq €518k ▲21.5%
4 profitable years in a row build equity to €518k.
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
04-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
01-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 32 days late
2019
30-09
Financial
Weakest financial yearnet €-7k ▼146%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
27-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
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, Lochristi · 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.
Ambachtenlaan 169080 LochristiGround area
7,434 m²
Building footprint
4,176 m²
Volume, LiDAR
36,843 m³
Parcel 44077B0016/00M000, Flanders · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Portarum
since 20162.257.581.364
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44077B0016/00M000 | Flanders | 7,434 m² | 1 · 4,176 m² | 12.6 m · 3 fl. |
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.
Similar companies · same sector, comparable size
NC COMMUNICATION
BE 0888.764.379
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CÉDRIC ROEGIERS
BE 0843.013.736
Beveren-Kruibeke-Zwijndrecht · Eq €572,405
COMASE
BE 0442.365.431
Charleroi · Eq €572,384
FRINSO
BE 0790.649.572
Wavre · Eq €572,473
INTRACO
BE 0864.371.849
Antwerpen · Eq €572,574
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 33,520 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
Founded09-02-2016
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.