PORKYFOK: what changed
Two financial 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.
PORKYFOK
Largest movements
- Receivables within one year +€169,063
up €169,063 (+82.2%), from €205,773 to €374,836
of which Trade receivables: +€155,545
- Cash -€137,906
down €137,906 (-84.3%), from €163,494 to €25,588
mainly Receivables within one year (-€169,063) and Trade debts (-€60,838)
- Tangible fixed assets -€43,866
down €43,866 (-9.3%), from €470,180 to €426,314
of which Land and buildings: -€49,285
- Stocks and contracts -€40,958
down €40,958 (-10.4%), from €394,442 to €353,485
- Trade debts -€60,838
down €60,838 (-6.0%), from €1.0m to €957,335
- Other debts +€59,586
up €59,586 (+251%), from €23,724 to €83,310
- Short-term financial debts -€36,000
down €36,000 (-9.5%), from €380,000 to €344,000
- Debts after one year -€23,619
down €23,619 (-9.0%), from €263,111 to €239,491
- Gross operating margin -€37,690
down €37,690 (-30.9%), from €122,165 to €84,475
- Depreciation -€19,796
down €19,796 (-27.5%), from €71,883 to €52,086
- Financial charges -€11,206
down €11,206 (-44.3%), from €25,297 to €14,091
- Financial income -€1,827
down €1,827 (-34.6%), from €5,274 to €3,447
- Other operating charges +€1,365
up €1,365 (+13.1%), from €10,449 to €11,814
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.
Derived cash bridge
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 | €1,249,247 | €1,195,578 | -€53,669 | -4.3% |
| Fixed assets | 21/28 | €480,955 | €439,062 | -€41,893 | -8.7% |
| Tangible fixed assets | 22/27 | €470,180 | €426,314 | -€43,866 | -9.3% |
| Land and buildings | 22 | €466,099 | €416,814 | -€49,285 | -10.6% |
| Plant, machinery and equipment | 23 | €4,082 | €9,500 | +€5,418 | +133% |
| Financial fixed assets | 28 | €10,775 | €12,748 | +€1,973 | +18.3% |
| Current assets | 29/58 | €768,291 | €756,516 | -€11,776 | -1.5% |
| Stocks and contracts in progress | 3 | €394,442 | €353,485 | -€40,958 | -10.4% |
| Stocks | 30/36 | €394,442 | €353,485 | -€40,958 | -10.4% |
| Amounts receivable within one year | 40/41 | €205,773 | €374,836 | +€169,063 | +82.2% |
| Trade receivables | 40 | €133,425 | €288,970 | +€155,545 | +117% |
| Other amounts receivable | 41 | €72,348 | €85,866 | +€13,518 | +18.7% |
| Cash at bank and in hand | 54/58 | €163,494 | €25,588 | -€137,906 | -84.3% |
| Deferred charges and accrued income | 490/1 | €4,583 | €2,607 | -€1,976 | -43.1% |
| Total equity and liabilities | 10/49 | €1,249,247 | €1,195,578 | -€53,669 | -4.3% |
| Equity | 10/15 | -€463,810 | -€453,878 | +€9,932 | +2.1% |
| Contributions | 10/11 | €724,600 | €724,600 | = | 0.0% |
| Reserves | 13 | €72,460 | €72,460 | = | 0.0% |
| Distributable reserves | 133 | €72,460 | €72,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,260,870 | -€1,250,938 | +€9,932 | +0.8% |
| Investment grants | 15 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €1,713,057 | €1,649,456 | -€63,601 | -3.7% |
| Amounts payable after more than one year | 17 | €263,111 | €239,491 | -€23,619 | -9.0% |
| Financial debts | 170/4 | €263,111 | €239,491 | -€23,619 | -9.0% |
| Amounts payable within one year | 42/48 | €1,449,742 | €1,409,965 | -€39,777 | -2.7% |
| Current portion of amounts payable after more than one year | 42 | €24,146 | €23,619 | -€527 | -2.2% |
| Financial debts | 43 | €380,000 | €344,000 | -€36,000 | -9.5% |
| Credit institutions | 430/8 | €380,000 | €344,000 | -€36,000 | -9.5% |
| Trade debts | 44 | €1,018,173 | €957,335 | -€60,838 | -6.0% |
| Suppliers | 440/4 | €1,018,173 | €957,335 | -€60,838 | -6.0% |
| Taxes, remuneration and social security | 45 | €3,699 | €1,701 | -€1,998 | -54.0% |
| Taxes | 450/3 | €3,699 | €1,701 | -€1,998 | -54.0% |
| Other amounts payable | 47/48 | €23,724 | €83,310 | +€59,586 | +251% |
| Accrued charges and deferred income | 492/3 | €204 | €0 | -€204 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,883 | €52,086 | -€19,796 | -27.5% |
| Other operating charges | 640/8 | €10,449 | €11,814 | +€1,365 | +13.1% |
| Gross operating margin | 9900 | €122,165 | €84,475 | -€37,690 | -30.9% |
| Operating profit (loss) | 9901 | €39,833 | €20,575 | -€19,258 | -48.3% |
| Financial income | 75/76B | €5,274 | €3,447 | -€1,827 | -34.6% |
| Recurring financial income | 75 | €5,274 | €3,447 | -€1,827 | -34.6% |
| Financial charges | 65/66B | €25,297 | €14,091 | -€11,206 | -44.3% |
| Recurring financial charges | 65 | €25,297 | €14,091 | -€11,206 | -44.3% |
| Profit (loss) for the period before taxes | 9903 | €19,811 | €9,932 | -€9,880 | -49.9% |
| Transfer from deferred taxes | 780 | €134 | €0 | -€134 | -100% |
| Income taxes | 67/77 | €134 | €0 | -€134 | -100% |
| Profit (loss) for the period | 9904 | €19,811 | €9,932 | -€9,880 | -49.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,811 | €9,932 | -€9,880 | -49.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.