LA PORTA: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LA PORTA
Largest movements
- Receivables within one year +€5,002
up €5,002 (+22.3%), from €22,466 to €27,468
- Reserves +€5,717
up €5,717 (+4.0%), from €144,008 to €149,725
of which Distributable reserves: +€5,717
- Tax, wage and social debts +€3,351
up €3,351 (+98.9%), from €3,389 to €6,740
- Gross operating margin -€4,148
down €4,148 (-8.1%), from €50,918 to €46,771
- Taxes -€1,242
down €1,242 (-8.1%), from €15,396 to €14,154
- Financial income +€601
up €601 (+13.3%), from €4,502 to €5,103
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €247,525 | €254,574 | +€7,049 | +2.8% |
| Fixed assets | 21/28 | €113,085 | €113,085 | = | 0.0% |
| Tangible fixed assets | 22/27 | €113,085 | €113,085 | = | 0.0% |
| Land and buildings | 22 | €113,085 | €113,085 | = | 0.0% |
| Current assets | 29/58 | €134,440 | €141,489 | +€7,049 | +5.2% |
| Amounts receivable after more than one year | 29 | €92,031 | €92,031 | = | 0.0% |
| Other amounts receivable | 291 | €92,031 | €92,031 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €22,466 | €27,468 | +€5,002 | +22.3% |
| Other amounts receivable | 41 | €22,466 | €27,468 | +€5,002 | +22.3% |
| Cash at bank and in hand | 54/58 | €19,769 | €21,815 | +€2,046 | +10.3% |
| Deferred charges and accrued income | 490/1 | €174 | €176 | +€1 | +0.8% |
| Total equity and liabilities | 10/49 | €247,525 | €254,574 | +€7,049 | +2.8% |
| Equity | 10/15 | €200,758 | €206,474 | +€5,717 | +2.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €144,008 | €149,725 | +€5,717 | +4.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €142,148 | €147,865 | +€5,717 | +4.0% |
| Profit (loss) carried forward | 14 | €38,150 | €38,150 | = | 0.0% |
| Amounts payable | 17/49 | €46,767 | €48,100 | +€1,333 | +2.8% |
| Amounts payable after more than one year | 17 | €8,005 | €8,005 | = | 0.0% |
| Other amounts payable | 178/9 | €8,005 | €8,005 | = | 0.0% |
| Amounts payable within one year | 42/48 | €38,763 | €40,095 | +€1,333 | +3.4% |
| Financial debts | 43 | €10,061 | €10,052 | -€9 | -0.1% |
| Credit institutions | 430/8 | €10,061 | €10,052 | -€9 | -0.1% |
| Trade debts | 44 | €971 | €0 | -€971 | -100.0% |
| Suppliers | 440/4 | €971 | €0 | -€971 | -100.0% |
| Taxes, remuneration and social security | 45 | €3,389 | €6,740 | +€3,351 | +98.9% |
| Taxes | 450/3 | €3,389 | €6,740 | +€3,351 | +98.9% |
| Other amounts payable | 47/48 | €24,342 | €23,303 | -€1,038 | -4.3% |
| Other operating charges | 640/8 | €6,850 | €6,970 | +€120 | +1.8% |
| Gross operating margin | 9900 | €50,918 | €46,771 | -€4,148 | -8.1% |
| Operating profit (loss) | 9901 | €44,068 | €39,801 | -€4,268 | -9.7% |
| Financial income | 75/76B | €4,502 | €5,103 | +€601 | +13.3% |
| Recurring financial income | 75 | €4,502 | €5,103 | +€601 | +13.3% |
| Financial charges | 65/66B | €527 | €502 | -€25 | -4.7% |
| Recurring financial charges | 65 | €527 | €502 | -€25 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €48,043 | €44,401 | -€3,642 | -7.6% |
| Income taxes | 67/77 | €15,396 | €14,154 | -€1,242 | -8.1% |
| Profit (loss) for the period | 9904 | €32,647 | €30,247 | -€2,401 | -7.4% |
| Profit (loss) for the period to be appropriated | 9905 | €32,647 | €30,247 | -€2,401 | -7.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.