Summary
Portemilo is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €7.17M and a net result of €432k. Equity is growing by ~13.5% per year across the filed fiscal years. The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 17-12-2025, 45 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
45 d early
2024
60 d early
2023
65 d early
2022
64 d early
2021
14 d early
2020
53 d early
2019
52 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 2024, full schema
Equity
€7.17M▲ 6.4%
2023 · €6.74M
2019: €4.03M
2020: €4.61M
2021: €5.28M
2022: €6.59M
2023: €6.74M
2019 → 2024
Net result
€432k▲ 198%
2023 · €145k
2019: €306k
2020: €581k
2021: €670k
2022: €1.31M
2023: €145k
2019 → 2024
Total assets
€12.14M▲ 3.3%
2023 · €11.75M
2019: €9.47M
2020: €11.60M
2021: €11.63M
2022: €11.93M
2023: €11.75M
2019 → 2024
Solvency
59.1%▲ 1.7pp
2023 · 57.3%
2019: 42.5%
2020: 39.7%
2021: 45.4%
2022: 55.2%
2023: 57.3%
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€300k-€337k▲ 12.3%€599k▲ 77.9%€349k▼ 41.7%€453k▲ 29.7%
Equity€4.61M-€5.28M▲ 14.5%€6.59M▲ 24.8%€6.74M▲ 2.2%€7.17M▲ 6.4%
Operating result€226k-€229k▲ 1.0%€464k▲ 103%€224k▼ 51.9%€198k▼ 11.4%
Net result€581k-€670k▲ 15.3%€1.31M▲ 95.4%€145k▼ 88.9%€432k▲ 198%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 11% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €12.14M
Fixed assets
€11.35M ▲ 0.1%
Current assets
€785k ▲ 93.8%
Equity and liabilities €12.14M
Equity
€7.17M ▲ 6.4%
Debt
€4.97M ▼ 0.9%
Debt's share of the balance-sheet total falls from 42.7% to 40.9%. Equity is higher and debt is lower.
Key figures and ratios
ROE
6.0%▲
2023 · 2.2%
ROA
3.6%▲
2023 · 1.2%
Debt ≤ 1 year
€2.62M▲
2023 · €2.36M
Debt > 1 year
€2.35M▼
2023 · €2.65M
Income taxes
€45k▼
2023 · €50k
Staff costs
€171k▲
2023 · €49k
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 · 2024 against 2023 · 59 lines
Balance sheet
Code20232024
Assets
Total assets20/58€11.75M€12.14M▲
Fixed assets21/28€11.34M€11.35M▲
Tangible fixed assets22/27€257k€257k=
Other tangible fixed assets26€257k€257k=
Financial fixed assets28€11.09M€11.09M▲
Affiliated companies280/1€11.09M€11.09M▲
Participating interests280€11.09M€11.09M▲
Current assets29/58€405k€785k▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€394k€710k▲
Trade receivables40€168k€309k▲
Other amounts receivable41€226k€401k▲
Cash at bank and in hand54/58€11k€75k▲
Deferred charges and accrued income490/1€191€210▲
Equity and liabilities
Total equity and liabilities10/49€11.75M€12.14M▲
Equity10/15€6.74M€7.17M▲
Contributions10/11€3.49M€3.49M=
Reserves13€31k€31k=
Non-distributable reserves130/1€31k€0▼
Reserves not available under the articles1311€31k€0▼
Distributable reserves133-€31k
Profit (loss) carried forward14€3.21M€3.65M▲
Amounts payable17/49€5.01M€4.97M▼
Amounts payable after more than one year17€2.65M€2.35M▼
Trade debts175€300k€0▼
Bills of exchange payable1751€300k€0▼
Other amounts payable178/9€2.35M€2.35M=
Amounts payable within one year42/48€2.36M€2.62M▲
Current portion of amounts payable after more than one year42€300k€300k=
Trade debts44€23k€35k▲
Suppliers440/4€23k€35k▲
Taxes, remuneration and social security45€40k€84k▲
Taxes450/3€24k€35k▲
Remuneration and social security454/9€16k€49k▲
Other amounts payable47/48€2.00M€2.20M▲
Income statement
Code20232024
Operating income70/76A€349k€453k▲
Turnover70€349k€453k▲
Operating charges60/66A€125k€254k▲
Services and other goods61€75k€82k▲
Remuneration, social security and pensions62€49k€171k▲
Other operating charges640/8€1,000€1k▲
Operating profit (loss)9901€224k€198k▼
Financial income75/76B€10k€318k▲
Recurring financial income75€10k€318k▲
Income from financial fixed assets750€0€300k▲
Income from current assets751€10k€18k▲
Financial charges65/66B€39k€39k▲
Recurring financial charges65€39k€39k▲
Debt charges650€38k€38k▲
Other financial charges652/9€429€496▲
Profit (loss) for the period before taxes9903€195k€477k▲
Income taxes67/77€50k€45k▼
Taxes670/3€50k€45k▼
Tax adjustments and reversals of tax provisions77€8€14▲
Profit (loss) for the period9904€145k€432k▲
Profit (loss) for the period to be appropriated9905€145k€432k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3.21M€3.65M▲
Profit (loss) brought forward from the previous period14P€3.07M€3.21M▲
Social balance
Average headcount (FTE)90871.01.9▲
The notes to these accounts (41 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
2025
17-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
02-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
27-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
30-06
Financial
Weakest financial yearnet €145k ▼88.9%
Net result drops to €145k, the lowest in the series; recovery starts the following year.
2022
28-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
30-06
Financial
Highest result since 2019net €1.31M ▲95.4%
Operating result €464k, net result €1.31M, both a record.
17-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-06
Financial
Equity above €5MEq €5.28M ▲14.5%
3 profitable years in a row build equity to €5.28M.
2020
09-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
10-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
21-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
16-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Deinze · 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.
Filliersdreef 259800 DeinzeGround area
2.6 ha
Building footprint
1.3 ha
Volume, LiDAR
108,692 m³
Parcel 44006C0186/00B000, Flanders · tallest building 14.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Filliersdreef 25, 9800 Deinze
since 20162.252.284.570
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44006C0186/00B000 | Flanders | 2.6 ha | 1 · 1.3 ha | 14.2 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
AP HOLDING
BE 0567.996.069
Tournai · Eq €7,161,100
LOZANA INVEST
BE 0471.902.921
Sint-Joost-ten-Node · Eq €7,182,274
UNIMAR
BE 0460.791.570
Balen · Eq €7,149,753
WELBI INVEST
BE 0457.041.036
Dessel · Eq €7,149,665
M & P & Co
BE 0456.755.776
Torhout · Eq €7,136,893
Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 7,029 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
Founded18-04-2016
Fiscal year end30-06
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.