PORT - TECH: 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.
PORT - TECH
Largest movements
- Receivables within one year -€381,358
down €381,358 (-58.0%), from €658,024 to €276,666
of which Trade receivables: -€210,505
- Cash -€23,066
down €23,066 (-77.5%), from €29,767 to €6,701
- Trade debts -€132,647
down €132,647 (-50.9%), from €260,417 to €127,770
- Short-term financial debts -€115,000
down €115,000 (-69.7%), from €165,000 to €50,000
- Debts after one year -€75,320
down €75,320 (-7.6%), from €987,116 to €911,796
- Revaluation surpluses +€64,704
up €64,704 (+12.5%), from €518,294 to €582,998
- Other debts -€51,650
down €51,650 (-25.8%), from €200,418 to €148,768
- Provisions +€271,662
up €271,662, from -€271,662 to €0
- Gross operating margin +€182,444
up €182,444, from -€5,573 to €176,871
- Financial charges +€26,599
up €26,599 (+105.5%), from €25,209 to €51,808
- Taxes -€14,306
down €14,306 (-100.0%), from €14,306 to €0
- Depreciation +€13,617
up €13,617 (+21.6%), from €63,053 to €76,670
From the 2023 result to the 2024 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,785,988 | €1,379,825 | -€406,163 | -22.7% |
| Fixed assets | 21/28 | €1,095,826 | €1,095,939 | +€113 | 0.0% |
| Tangible fixed assets | 22/27 | €1,095,776 | €1,095,889 | +€113 | 0.0% |
| Land and buildings | 22 | €1,087,492 | €1,064,377 | -€23,115 | -2.1% |
| Plant, machinery and equipment | 23 | €8,077 | €31,512 | +€23,435 | +290.1% |
| Furniture and vehicles | 24 | €207 | €0 | -€207 | -100.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €690,162 | €283,886 | -€406,275 | -58.9% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €658,024 | €276,666 | -€381,358 | -58.0% |
| Trade receivables | 40 | €296,789 | €86,284 | -€210,505 | -70.9% |
| Other amounts receivable | 41 | €361,235 | €190,382 | -€170,854 | -47.3% |
| Cash at bank and in hand | 54/58 | €29,767 | €6,701 | -€23,066 | -77.5% |
| Deferred charges and accrued income | 490/1 | €2,371 | €520 | -€1,851 | -78.1% |
| Total equity and liabilities | 10/49 | €1,785,988 | €1,379,825 | -€406,163 | -22.7% |
| Equity | 10/15 | €40,414 | €84,996 | +€44,582 | +110.3% |
| Contributions | 10/11 | €291,313 | €289,814 | -€1,499 | -0.5% |
| Capital | 10 | €291,313 | €289,814 | -€1,499 | -0.5% |
| Issued capital | 100 | €291,313 | €289,814 | -€1,499 | -0.5% |
| Revaluation surpluses | 12 | €518,294 | €582,998 | +€64,704 | +12.5% |
| Reserves | 13 | €132,071 | €131,391 | -€680 | -0.5% |
| Non-distributable reserves | 130/1 | €47,413 | €47,169 | -€244 | -0.5% |
| Legal reserve | 130 | €47,413 | €47,169 | -€244 | -0.5% |
| Distributable reserves | 133 | €84,658 | €84,222 | -€436 | -0.5% |
| Profit (loss) carried forward | 14 | -€901,264 | -€919,207 | -€17,943 | -2.0% |
| Provisions and deferred taxes | 16 | €49,000 | €0 | -€49,000 | -100.0% |
| Provisions for liabilities and charges | 160/5 | €49,000 | €0 | -€49,000 | -100.0% |
| Pensions and similar obligations | 160 | €0 | - | = | |
| Major repairs and maintenance | 162 | €49,000 | €0 | -€49,000 | -100.0% |
| Amounts payable | 17/49 | €1,696,573 | €1,294,829 | -€401,744 | -23.7% |
| Amounts payable after more than one year | 17 | €987,116 | €911,796 | -€75,320 | -7.6% |
| Financial debts | 170/4 | €987,116 | €911,796 | -€75,320 | -7.6% |
| Amounts payable within one year | 42/48 | €709,457 | €383,033 | -€326,424 | -46.0% |
| Current portion of amounts payable after more than one year | 42 | €60,563 | €47,559 | -€13,003 | -21.5% |
| Financial debts | 43 | €165,000 | €50,000 | -€115,000 | -69.7% |
| Credit institutions | 430/8 | €165,000 | €50,000 | -€115,000 | -69.7% |
| Trade debts | 44 | €260,417 | €127,770 | -€132,647 | -50.9% |
| Suppliers | 440/4 | €260,417 | €127,770 | -€132,647 | -50.9% |
| Taxes, remuneration and social security | 45 | €23,059 | €8,936 | -€14,124 | -61.2% |
| Taxes | 450/3 | €23,059 | €8,936 | -€14,124 | -61.2% |
| Other amounts payable | 47/48 | €200,418 | €148,768 | -€51,650 | -25.8% |
| Non-recurring operating income | 76A | - | €49,000 | +€49,000 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,053 | €76,670 | +€13,617 | +21.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€271,662 | €0 | +€271,662 | |
| Other operating charges | 640/8 | €15,309 | €12,816 | -€2,493 | -16.3% |
| Non-recurring operating charges | 66A | - | €58,075 | +€58,075 | |
| Gross operating margin | 9900 | -€5,573 | €176,871 | +€182,444 | |
| Operating profit (loss) | 9901 | €187,727 | €29,310 | -€158,418 | -84.4% |
| Financial income | 75/76B | €1,065 | €39 | -€1,026 | -96.3% |
| Recurring financial income | 75 | €1,065 | €39 | -€1,026 | -96.3% |
| Financial charges | 65/66B | €25,209 | €51,808 | +€26,599 | +105.5% |
| Recurring financial charges | 65 | €25,209 | €51,808 | +€26,599 | +105.5% |
| Profit (loss) for the period before taxes | 9903 | €163,584 | -€22,459 | -€186,043 | |
| Income taxes | 67/77 | €14,306 | €0 | -€14,306 | -100.0% |
| Profit (loss) for the period | 9904 | €149,278 | -€22,459 | -€171,737 | |
| Profit (loss) for the period to be appropriated | 9905 | €149,278 | -€22,459 | -€171,737 |
Source: filed annual accounts (NBB), fiscal years ended 31 August 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.