PORTCONNECT
InactiveNo longer registered with the KBO; last annual accounts for fiscal year 2025.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
70 d early
2023
23 d early
2022
17 d early
2021
45 d early
2020
19 d early
2019
38 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€7.66M▲ 24.2%
2023 · €6.16M
2018: €6.42M
2019: €5.46M
2020: €5.84M
2021: €9.27M
2023: €6.16M
2018 → 2024
EBIT margin
14.6%▲ 56.6pp
2023 · -41.9%
2018: 0.0%
2019: -13.5%
2020: 11.2%
2021: 23.5%
2023: -41.9%
2018 → 2024
Net result
€2.40M▲ 116%
2024 · €1.11M
2018: €70
2019: €-745k
2020: €643k
2021: €2.00M
2022: €1.62M
2023: €-2.59M
2024: €1.11M
2018 → 2025
Working capital
€4.79M▲ 99.4%
2024 · €2.40M
2018: €1.59M
2019: €851k
2020: €1.33M
2021: €2.73M
2022: €3.89M
2023: €1.28M
2024: €2.40M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€9.27M-€6.16M€7.66M▲ 24.2%
Equity€2.75M-€3.88M▲ 41.3%€1.29M▼ 66.7%€2.41M▲ 86.0%€4.81M▲ 99.9%
Operating result€2.18M-€2.17M▼ 0.4%€-2.58M€1.12M€2.72M▲ 143%
Net result€2.00M-€1.62M▼ 18.8%€-2.59M€1.11M€2.40M▲ 116%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 143% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.44M
Fixed assets
€25k▲ 355%
Current assets
€5.41M▲ 99.3%
Equity and liabilities €5.44M
Equity
€4.81M▲ 99.9%
Debt
€626k▲ 99.0%
The debt ratio stays at 11.5%.
Key figures and ratios
EBITDA
€2.72M▲
2024 · €1.12M
Cash flow
€2.41M▲
2024 · €1.12M
Solvency
88.5%▲
2024 · 88.4%
Current ratio
8.64▲
2024 · 8.63
Quick ratio
8.46▼
2024 · 8.63
Debt / equity
0.13▼
2024 · 0.13
ROE
50.0%▲
2024 · 46.2%
ROA
44.2%▲
2024 · 40.9%
Interest coverage
1788.64▲
2024 · 165.93
Debt
€626k▲
2024 · €315k
Debt ≤ 1 year
€626k▲
2024 · €315k
Income taxes
€326k▲
2024 · €15k
Staff costs
€737k▲
2024 · €681k
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€2.72M€5.44M▲
Fixed assets21/28€5k€25k▲
Tangible fixed assets22/27€1k€2k▲
Land and buildings22€1k-
Furniture and vehicles24-€2k
Other tangible fixed assets26-€0
Financial fixed assets28€4k€23k▲
Current assets29/58€2.71M€5.41M▲
Stocks and contracts in progress3-€108k
Stocks30/36-€108k
Amounts receivable within one year40/41€1.27M€1.79M▲
Trade receivables40€1.13M€1.74M▲
Other amounts receivable41€144k€54k▼
Current investments50/53-€1.00M
Cash at bank and in hand54/58€1.14M€2.51M▲
Deferred charges and accrued income490/1€300k€8k▼
Equity and liabilities
Total equity and liabilities10/49€2.72M€5.44M▲
Equity10/15€2.41M€4.81M▲
Contributions10/11€500k€500k=
Capital10€500k€500k=
Issued capital100€500k€500k=
Reserves13€793k€793k=
Non-distributable reserves130/1€50k€50k=
Legal reserve130€50k€50k=
Tax-exempt reserves132€589k-
Distributable reserves133€154k€743k▲
Profit (loss) carried forward14€1.11M€3.52M▲
Amounts payable17/49€315k€626k▲
Amounts payable within one year42/48€315k€626k▲
Trade debts44€193k€448k▲
Suppliers440/4€193k€448k▲
Taxes, remuneration and social security45€121k€179k▲
Taxes450/3€30k€120k▲
Remuneration and social security454/9€91k€59k▼
Income statement
Code20242025
Turnover70€7.66M-
Goods, raw materials, services and sundry goods60/61€6.53M-
Remuneration, social security and pensions62€681k€737k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€1.81M€3.46M▲
Operating profit (loss)9901€1.12M€2.72M▲
Financial income75/76B€14k€10k▼
Recurring financial income75€14k€10k▼
Financial charges65/66B€7k€2k▼
Recurring financial charges65€7k€2k▼
Profit (loss) for the period before taxes9903€1.13M€2.73M▲
Income taxes67/77€15k€326k▲
Profit (loss) for the period9904€1.11M€2.40M▲
Profit (loss) for the period to be appropriated9905€1.11M€2.40M▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.11M€3.52M▲
Profit (loss) brought forward from the previous period14P-€1.11M
Social balance
Average headcount (FTE)90877.46.2▼
The notes to these accounts (9 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
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
13-02
State Gazette act
Restructuring · End & cessationGeneral meeting · Merger · Dissolution16 facts ▸
State Gazette act
Restructuring · End & cessation
General meeting · Merger · Dissolution16 facts ▸
- General meeting, 2026-01-09
- General meeting, 2026-01-09
- Merger, absorption, gelijkgestelde verrichting
- Dissolution, 2026-01-09
- Accounting effect, 2026-01-01
- Director resignation, VAN MOER GROUP (bestuurder)
- Director resignation, LEFFICO (bestuurder)
- Director resignation, CESTO (bestuurder)
- Director resignation, GROUP DE CLOEDT (bestuurder)
- Director resignation, William Demoor (bestuurder)
- Director discharge, VAN MOER GROUP
- Director discharge, LEFFICO
- +4 further facts in this act
2025
31-12
Financial
Highest result since 2018net €2.40M ▲116%
Operating result €2.72M, net result €2.40M, both a record.
22-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €1.11M
Net result €1.11M after one loss-making year.
31-12
Financial
Equity above €2MEq €2.41M ▲86%
Equity rises from €1.29M to €2.41M.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-2.59M ▼260%
Net result drops to €-2.59M, the lowest in the series.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €2MEq €2.75M ▲104%
2 profitable years in a row build equity to €2.75M.
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €643k
Net result €643k after one loss-making year.
31-12
Financial
Equity above €1MEq €1.35M ▲48.8%
Equity rises from €906k to €1.35M.
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
27-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
09-01-2026
CESTO: Resigned as Director
09-01-2026
Group De Cloedt: Resigned as Director
09-01-2026
LEFFICO: Resigned as Director
09-01-2026
Van Moer Group: Resigned as Director
09-01-2026
William Demoor: Resigned as Director
Location & real-estate footprint
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.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:WEBARGE