PORKYTRANS: 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.
PORKYTRANS
Largest movements
- Receivables after one year -€135,000
down €135,000 (-61.4%), from €220,000 to €85,000
- Cash -€54,905
down €54,905 (-44.4%), from €123,579 to €68,674
mainly Contributions, distributions and other (-€212,616) and Investment in fixed assets (net) (-€72,330)
- Receivables within one year -€24,993
down €24,993 (-14.3%), from €175,201 to €150,208
of which Other amounts receivable: -€26,423
- Reserves -€159,537
down €159,537 (-46.8%), from €340,647 to €181,110
- Tax, wage and social debts -€30,176
down €30,176 (-94.9%), from €31,814 to €1,638
of which Taxes: -€30,176
- Trade debts -€24,598
down €24,598 (-19.1%), from €128,701 to €104,103
- Debts after one year +€21,141
up €21,141 (+9.8%), from €216,344 to €237,484
- Current portion of long-term debt -€19,826
down €19,826 (-18.8%), from €105,523 to €85,696
- Gross operating margin -€25,626
down €25,626 (-13.6%), from €188,111 to €162,485
- Depreciation -€19,794
down €19,794 (-21.4%), from €92,298 to €72,504
- Staff costs -€11,758
down €11,758 (-93.2%), from €12,615 to €858
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 | €939,910 | €725,443 | -€214,468 | -22.8% |
| Fixed assets | 21/28 | €404,100 | €403,926 | -€174 | 0.0% |
| Tangible fixed assets | 22/27 | €403,951 | €403,777 | -€174 | 0.0% |
| Land and buildings | 22 | €272,842 | €251,938 | -€20,904 | -7.7% |
| Plant, machinery and equipment | 23 | €13,534 | €13,731 | +€197 | +1.5% |
| Furniture and vehicles | 24 | €39,758 | €75,820 | +€36,062 | +90.7% |
| Leasing and similar rights | 25 | €77,817 | €62,288 | -€15,529 | -20.0% |
| Financial fixed assets | 28 | €149 | €149 | = | 0.0% |
| Current assets | 29/58 | €535,810 | €321,517 | -€214,293 | -40.0% |
| Amounts receivable after more than one year | 29 | €220,000 | €85,000 | -€135,000 | -61.4% |
| Other amounts receivable | 291 | €220,000 | €85,000 | -€135,000 | -61.4% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €175,201 | €150,208 | -€24,993 | -14.3% |
| Trade receivables | 40 | €98,320 | €99,750 | +€1,430 | +1.5% |
| Other amounts receivable | 41 | €76,881 | €50,457 | -€26,423 | -34.4% |
| Cash at bank and in hand | 54/58 | €123,579 | €68,674 | -€54,905 | -44.4% |
| Deferred charges and accrued income | 490/1 | €17,030 | €17,635 | +€605 | +3.6% |
| Total equity and liabilities | 10/49 | €939,910 | €725,443 | -€214,468 | -22.8% |
| Equity | 10/15 | €359,239 | €199,702 | -€159,537 | -44.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €340,647 | €181,110 | -€159,537 | -46.8% |
| Distributable reserves | 133 | €340,647 | €181,110 | -€159,537 | -46.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €580,671 | €525,740 | -€54,931 | -9.5% |
| Amounts payable after more than one year | 17 | €216,344 | €237,484 | +€21,141 | +9.8% |
| Financial debts | 170/4 | €216,344 | €237,484 | +€21,141 | +9.8% |
| Amounts payable within one year | 42/48 | €364,327 | €286,593 | -€77,734 | -21.3% |
| Current portion of amounts payable after more than one year | 42 | €105,523 | €85,696 | -€19,826 | -18.8% |
| Financial debts | 43 | €54,057 | €50,000 | -€4,057 | -7.5% |
| Credit institutions | 430/8 | €54,057 | €50,000 | -€4,057 | -7.5% |
| Trade debts | 44 | €128,701 | €104,103 | -€24,598 | -19.1% |
| Suppliers | 440/4 | €128,701 | €104,103 | -€24,598 | -19.1% |
| Taxes, remuneration and social security | 45 | €31,814 | €1,638 | -€30,176 | -94.9% |
| Taxes | 450/3 | €31,814 | €1,638 | -€30,176 | -94.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €44,233 | €45,156 | +€924 | +2.1% |
| Accrued charges and deferred income | 492/3 | - | €1,663 | +€1,663 | |
| Non-recurring operating income | 76A | €16,500 | €15,465 | -€1,035 | -6.3% |
| Remuneration, social security and pensions | 62 | €12,615 | €858 | -€11,758 | -93.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,298 | €72,504 | -€19,794 | -21.4% |
| Other operating charges | 640/8 | €12,697 | €12,764 | +€67 | +0.5% |
| Non-recurring operating charges | 66A | - | €1,461 | +€1,461 | |
| Gross operating margin | 9900 | €188,111 | €162,485 | -€25,626 | -13.6% |
| Operating profit (loss) | 9901 | €70,500 | €74,898 | +€4,398 | +6.2% |
| Financial income | 75/76B | €9,953 | €9,862 | -€92 | -0.9% |
| Recurring financial income | 75 | €9,953 | €9,862 | -€92 | -0.9% |
| Financial charges | 65/66B | €10,783 | €11,561 | +€778 | +7.2% |
| Recurring financial charges | 65 | €10,783 | €11,561 | +€778 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €69,671 | €73,199 | +€3,528 | +5.1% |
| Income taxes | 67/77 | €21,643 | €20,120 | -€1,524 | -7.0% |
| Profit (loss) for the period | 9904 | €48,027 | €53,079 | +€5,052 | +10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €48,027 | €53,079 | +€5,052 | +10.5% |
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 25 October 2026 via checked.be.