PORQUIN: 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.
PORQUIN
Largest movements
- Cash +€17,563
up €17,563 (+25.9%), from €67,733 to €85,296
mainly Net result for the year (+€27,834) and Other debts (+€8,941)
- Other debts +€8,941
up €8,941 (+47.3%), from €18,893 to €27,834
- Trade debts +€6,421
up €6,421 (+471%), from €1,364 to €7,784
- Depreciation -€9,249
down €9,249 (-97.8%), from €9,456 to €207
- Taxes +€2,980
up €2,980 (+47.3%), from €6,298 to €9,278
- Gross operating margin +€2,980
up €2,980 (+6.9%), from €43,143 to €46,122
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 | €376,283 | €391,658 | +€15,375 | +4.1% |
| Fixed assets | 21/28 | €305,848 | €305,640 | -€207 | -0.1% |
| Tangible fixed assets | 22/27 | €304,953 | €304,745 | -€207 | -0.1% |
| Land and buildings | 22 | €304,953 | €304,745 | -€207 | -0.1% |
| Financial fixed assets | 28 | €895 | €895 | = | 0.0% |
| Current assets | 29/58 | €70,435 | €86,018 | +€15,583 | +22.1% |
| Amounts receivable within one year | 40/41 | €2,702 | €722 | -€1,980 | -73.3% |
| Other amounts receivable | 41 | €2,702 | €722 | -€1,980 | -73.3% |
| Cash at bank and in hand | 54/58 | €67,733 | €85,296 | +€17,563 | +25.9% |
| Total equity and liabilities | 10/49 | €376,283 | €391,658 | +€15,375 | +4.1% |
| Equity | 10/15 | €353,586 | €353,586 | = | 0.0% |
| Contributions | 10/11 | €326,000 | €326,000 | = | 0.0% |
| Reserves | 13 | €27,586 | €27,586 | = | 0.0% |
| Distributable reserves | 133 | €27,586 | €27,586 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €22,697 | €38,072 | +€15,375 | +67.7% |
| Amounts payable within one year | 42/48 | €20,257 | €35,618 | +€15,361 | +75.8% |
| Trade debts | 44 | €1,364 | €7,784 | +€6,421 | +471% |
| Suppliers | 440/4 | €1,364 | €7,784 | +€6,421 | +471% |
| Other amounts payable | 47/48 | €18,893 | €27,834 | +€8,941 | +47.3% |
| Accrued charges and deferred income | 492/3 | €2,439 | €2,453 | +€14 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,456 | €207 | -€9,249 | -97.8% |
| Other operating charges | 640/8 | €8,453 | €8,761 | +€308 | +3.6% |
| Gross operating margin | 9900 | €43,143 | €46,122 | +€2,980 | +6.9% |
| Operating profit (loss) | 9901 | €25,234 | €37,154 | +€11,920 | +47.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €43 | €42 | -€1 | -1.3% |
| Recurring financial charges | 65 | €43 | €42 | -€1 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €25,191 | €37,112 | +€11,921 | +47.3% |
| Income taxes | 67/77 | €6,298 | €9,278 | +€2,980 | +47.3% |
| Profit (loss) for the period | 9904 | €18,893 | €27,834 | +€8,941 | +47.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,893 | €27,834 | +€8,941 | +47.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.