PORRETTA: 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.
PORRETTA
Largest movements
- Stocks and contracts +€24,772
up €24,772 (+198%), from €12,534 to €37,306
- Tangible fixed assets -€8,586
down €8,586 (-32.1%), from €26,756 to €18,171
of which Furniture and vehicles: -€6,799
- Cash -€2,958
down €2,958 (-4.7%), from €62,318 to €59,360
mainly Stocks and contracts (-€24,772) and Contributions, distributions and other (-€24,000)
- Receivables within one year -€1,820
down €1,820 (-9.8%), from €18,617 to €16,797
of which Other amounts receivable: -€2,003
- Other debts +€10,762
up €10,762 (+26.3%), from €40,983 to €51,745
- Debts after one year -€6,121
down €6,121 (-47.7%), from €12,834 to €6,713
- Tax, wage and social debts +€5,587
up €5,587 (+515%), from €1,084 to €6,670
of which Taxes: +€4,350
- Profit (loss) carried forward +€3,754
up €3,754 (+8.2%), from €46,044 to €49,798
- Trade debts -€2,392
down €2,392 (-26.2%), from €9,112 to €6,720
- Gross operating margin +€31,297
up €31,297 (+98.3%), from €31,839 to €63,136
- Staff costs +€13,243
up €13,243 (+244%), from €5,419 to €18,661
- Taxes +€3,663
up €3,663 (+106%), from €3,441 to €7,105
- Write-downs +€660
no longer reported in 2025 (was -€660)
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 | €121,105 | €132,768 | +€11,662 | +9.6% |
| Fixed assets | 21/28 | €26,756 | €18,171 | -€8,586 | -32.1% |
| Tangible fixed assets | 22/27 | €26,756 | €18,171 | -€8,586 | -32.1% |
| Plant, machinery and equipment | 23 | €5,961 | €4,174 | -€1,787 | -30.0% |
| Furniture and vehicles | 24 | €20,796 | €13,997 | -€6,799 | -32.7% |
| Current assets | 29/58 | €94,349 | €114,597 | +€20,248 | +21.5% |
| Stocks and contracts in progress | 3 | €12,534 | €37,306 | +€24,772 | +198% |
| Contracts in progress | 37 | €12,534 | €37,306 | +€24,772 | +198% |
| Amounts receivable within one year | 40/41 | €18,617 | €16,797 | -€1,820 | -9.8% |
| Trade receivables | 40 | €11,210 | €11,393 | +€183 | +1.6% |
| Other amounts receivable | 41 | €7,407 | €5,404 | -€2,003 | -27.0% |
| Cash at bank and in hand | 54/58 | €62,318 | €59,360 | -€2,958 | -4.7% |
| Deferred charges and accrued income | 490/1 | €881 | €1,134 | +€253 | +28.7% |
| Total equity and liabilities | 10/49 | €121,105 | €132,768 | +€11,662 | +9.6% |
| Equity | 10/15 | €51,044 | €54,798 | +€3,754 | +7.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,044 | €49,798 | +€3,754 | +8.2% |
| Amounts payable | 17/49 | €70,061 | €77,970 | +€7,908 | +11.3% |
| Amounts payable after more than one year | 17 | €12,834 | €6,713 | -€6,121 | -47.7% |
| Financial debts | 170/4 | €12,834 | €6,713 | -€6,121 | -47.7% |
| Amounts payable within one year | 42/48 | €57,228 | €71,257 | +€14,029 | +24.5% |
| Current portion of amounts payable after more than one year | 42 | €6,049 | €6,121 | +€72 | +1.2% |
| Trade debts | 44 | €9,112 | €6,720 | -€2,392 | -26.2% |
| Suppliers | 440/4 | €9,112 | €6,720 | -€2,392 | -26.2% |
| Taxes, remuneration and social security | 45 | €1,084 | €6,670 | +€5,587 | +515% |
| Taxes | 450/3 | €750 | €5,100 | +€4,350 | +580% |
| Remuneration and social security | 454/9 | €334 | €1,570 | +€1,237 | +371% |
| Other amounts payable | 47/48 | €40,983 | €51,745 | +€10,762 | +26.3% |
| Remuneration, social security and pensions | 62 | €5,419 | €18,661 | +€13,243 | +244% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,519 | €8,586 | +€67 | +0.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€660 | - | +€660 | |
| Other operating charges | 640/8 | €809 | €265 | -€544 | -67.3% |
| Gross operating margin | 9900 | €31,839 | €63,136 | +€31,297 | +98.3% |
| Operating profit (loss) | 9901 | €17,752 | €35,624 | +€17,872 | +101% |
| Financial income | 75/76B | €53 | €1 | -€52 | -98.7% |
| Recurring financial income | 75 | €53 | €1 | -€52 | -98.7% |
| Financial charges | 65/66B | €417 | €766 | +€349 | +83.6% |
| Recurring financial charges | 65 | €417 | €766 | +€349 | +83.6% |
| Profit (loss) for the period before taxes | 9903 | €17,388 | €34,859 | +€17,471 | +100% |
| Income taxes | 67/77 | €3,441 | €7,105 | +€3,663 | +106% |
| Profit (loss) for the period | 9904 | €13,946 | €27,754 | +€13,807 | +99.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,946 | €27,754 | +€13,807 | +99.0% |
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 30 October 2026 via checked.be.