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PORTICI

Active
Public limited companyfounded 1991active for 34 yearsVeldstraat 88A, 9000 Gent, BelgiumKBO/BCE: BE 0446.125.863
Summary

PORTICI has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.9m and a net result of €35,142. Equity is growing by about 7.1% per year across the filed financial years. Its solvency ranks better than 52% of 5,738 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Renting and operating of own or leased non-residential real estate, excluding land
NACE 68203
1 site
Size
€9.8mtotal assets 2025
Equity
€3.9m
Profit
€35,142
Financial health
82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Parent
AG REAL ESTATE · 100%
Board
4 members
Auditor: KPMG Réviseurs d'EntreprisesAccounts 102 days early4 of 27 deeds read
Why 82raises riskLiquidity: current ratio 0.501 change of registered office in 24 monthslowers riskFounded in 1991Sector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 41% of its sector peers (NACE 68, small)
Financial strength · tick = 2024
Average
Solvency 65=
equity 40.3% of total assets
Liquidity 41=
short-term debt 56.8%
Profitability 27-2
return on assets 0.4%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,980 companies, NACE 68, small)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025lowest value 06-2025: 0.2%● unchanged vs 05-2025lowest value 07-2025: 0.2%● unchanged vs 06-2025lowest value 08-2025: 0.2%● unchanged vs 07-2025lowest value 09-2025: 0.2%● unchanged vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025lowest value 11-2025: 0.2%● unchanged vs 10-2025lowest value 12-2025: 0.2%● unchanged vs 11-2025lowest value 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026highest value 09-2026: 0.4%● unchanged vs 08-2026highest value 10-2026: 0.4%● unchanged vs 09-2026highest value
Credit of up to €320,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.5, compared with 0.48 in 2024, below 1; short-term debt: 56.8% of total assets), and 59.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small): better than 59% on solvency, 36% on liquidity, 20% on profitability and 49% on growth.

The bankruptcy probability was computed on 20-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.50
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Founded in 1991
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Sector: Real estate activities (NACE 68)
KBO
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 20-04-2026, 102 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
102 days early
2024
99 days early
2023
105 days early
2022
103 days early
2021
89 days early
2020
101 days early
2019
87 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 98 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
21-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: SINIO BV (statutory auditor)Permanent representatives: Olivier Ronsmans and…
  2. Resignations: FAUTRÉ Serge, Laurent Staelens RE…Appointments: POSA Tatiana, PERNEEL Sam…
  3. Annual accounts filedfinancial year 2025 · full…

Key points

  • Board changedlatest change 24-06-2026 · 4 in office 4 joined · 3 left View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by AG REAL ESTATEultimately: ageas SA/NV 100% View

By topic

Financials

Financial year
2025
Total assets
€9.8m
Profit
€35,142
Solvency
40.3%
Go to Financials

Board & ownership

Board
4 members
Parent
AG REAL ESTATE · 100%
Auditor
KPMG Réviseurs d'Entreprises
  • LESAFFRE ArthurDirector
  • PERNEEL SamDirector
  • POSA TatianaDirector
  • VANMOERKERKE WilliamDirector
Go to Board & ownership

Timeline

Events
41
Since
1993
Next accounts
by 31-07-2027
  1. 19-05-2025Reappointment: F.C.G. REVISEURS D'ENTREPRISES SC (statutory auditor)
  2. 23-04-2025Annual accounts filed
  3. 17-04-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Renting and operating of own or leased non-residential…NACE 68203
Founded
19-12-1991
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
19
Annual meeting
Second Tuesday of April at 15:30
Purpose
“Aankoop; Verbouwing; Inrichting; Verhuur; Gemeubileerde verhuur; Onderverhuring; Beheer…” (deed in French)
Go to Articles of association

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