Porta Magna: what changed
What changed
Porta Magna
NACE 85.599, Other education
filed annual accounts (NBB)
Net result for the year
€124,183
2024 · €114,457+€9,726
Equity
€966,488
2024 · €842,305+€124,183
Cash
€715
2024 · €12,023-€11,308
Balance sheet total
€4.0m
2024 · €4.0m+€3,309
Largest movements
Assets
- Current investments +€138,000
up €138,000 (+72.6%), from €190,000 to €328,000
- Tangible fixed assets -€129,643
down €129,643 (-3.4%), from €3.8m to €3.7m
of which Land and buildings: -€127,876
Equity and liabilities
- Accrued charges and deferred income -€146,604
down €146,604 (-7.5%), from €2.0m to €1.8m
- Reserves +€124,183
up €124,183 (+45.6%), from €272,305 to €396,488
Income statement
- Depreciation -€10,824
down €10,824 (-7.4%), from €145,996 to €135,171
- Services and other goods +€8,146
up €8,146 (+73.7%), from €11,046 to €19,192
- Turnover +€5,722
up €5,722 (+1.7%), from €334,669 to €340,390
- Other operating charges -€4,910
down €4,910 (-38.1%), from €12,876 to €7,967
- Taxes +€3,726
up €3,726 (+9.9%), from €37,669 to €41,394
of which Taxes: +€3,363
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€114,457
Turnover
+€5,722
Services and other goods
-€8,146
Depreciation
+€10,824
Other operating charges
+€4,910
Financial income
+€777
Financial charges
-€636
Taxes
-€3,726
Result 2025
€124,183
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€107,139
Investment
-€143,455
Financing
+€25,007
Cash 2024
€12,023
From operations (derived)
+€107,139
Net result for the year
+€124,183
Depreciation
+€135,171
Receivables within one year
-€7,668
Deferred charges and accrued income
+€1,334
Trade debts
+€723
Accrued charges and deferred income
-€146,604
Investment (derived)
-€143,455
Investment in fixed assets (net)
-€5,455
Current investments
-€138,000
Financing
+€25,007
Debts after one year
+€23,905
Current portion of long-term debt
+€1,103
Cash 2025
€715
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,029,477 | €4,032,786 | +€3,309 | +0.1% |
| Formation expenses | 20 | €74 | - | -€74 | |
| Fixed assets | 21/28 | €3,818,729 | €3,689,086 | -€129,643 | -3.4% |
| Tangible fixed assets | 22/27 | €3,818,729 | €3,689,086 | -€129,643 | -3.4% |
| Land and buildings | 22 | €3,791,170 | €3,663,294 | -€127,876 | -3.4% |
| Furniture and vehicles | 24 | €27,559 | €25,792 | -€1,766 | -6.4% |
| Current assets | 29/58 | €210,675 | €343,700 | +€133,026 | +63.1% |
| Amounts receivable within one year | 40/41 | €3,928 | €11,596 | +€7,668 | +195% |
| Other amounts receivable | 41 | €3,928 | €11,596 | +€7,668 | +195% |
| Current investments | 50/53 | €190,000 | €328,000 | +€138,000 | +72.6% |
| Other investments | 51/53 | €190,000 | €328,000 | +€138,000 | +72.6% |
| Cash at bank and in hand | 54/58 | €12,023 | €715 | -€11,308 | -94.1% |
| Deferred charges and accrued income | 490/1 | €4,724 | €3,390 | -€1,334 | -28.2% |
| Total equity and liabilities | 10/49 | €4,029,477 | €4,032,786 | +€3,309 | +0.1% |
| Equity | 10/15 | €842,305 | €966,488 | +€124,183 | +14.7% |
| Contributions | 10/11 | €570,000 | €570,000 | = | 0.0% |
| Reserves | 13 | €272,305 | €396,488 | +€124,183 | +45.6% |
| Distributable reserves | 133 | €272,305 | €396,488 | +€124,183 | +45.6% |
| Amounts payable | 17/49 | €3,187,172 | €3,066,299 | -€120,874 | -3.8% |
| Amounts payable after more than one year | 17 | €1,148,237 | €1,172,141 | +€23,905 | +2.1% |
| Financial debts | 170/4 | €1,148,237 | €1,172,141 | +€23,905 | +2.1% |
| Credit institutions | 173 | €1,148,237 | €1,172,141 | +€23,905 | +2.1% |
| Amounts payable within one year | 42/48 | €75,783 | €77,608 | +€1,825 | +2.4% |
| Current portion of amounts payable after more than one year | 42 | €74,993 | €76,095 | +€1,103 | +1.5% |
| Trade debts | 44 | €790 | €1,513 | +€723 | +91.4% |
| Suppliers | 440/4 | €790 | €1,513 | +€723 | +91.4% |
| Accrued charges and deferred income | 492/3 | €1,963,153 | €1,816,549 | -€146,604 | -7.5% |
| Operating income | 70/76A | €334,669 | €340,390 | +€5,722 | +1.7% |
| Turnover | 70 | €334,669 | €340,390 | +€5,722 | +1.7% |
| Operating charges | 60/66A | €169,918 | €162,330 | -€7,588 | -4.5% |
| Services and other goods | 61 | €11,046 | €19,192 | +€8,146 | +73.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €145,996 | €135,171 | -€10,824 | -7.4% |
| Other operating charges | 640/8 | €12,876 | €7,967 | -€4,910 | -38.1% |
| Operating profit (loss) | 9901 | €164,750 | €178,060 | +€13,310 | +8.1% |
| Financial income | 75/76B | €6,419 | €7,196 | +€777 | +12.1% |
| Recurring financial income | 75 | €6,419 | €7,196 | +€777 | +12.1% |
| Income from current assets | 751 | €6,419 | €7,196 | +€777 | +12.1% |
| Financial charges | 65/66B | €19,043 | €19,679 | +€636 | +3.3% |
| Recurring financial charges | 65 | €19,043 | €19,679 | +€636 | +3.3% |
| Debt charges | 650 | €18,452 | €19,140 | +€689 | +3.7% |
| Other financial charges | 652/9 | €591 | €539 | -€52 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €152,126 | €165,577 | +€13,451 | +8.8% |
| Income taxes | 67/77 | €37,669 | €41,394 | +€3,726 | +9.9% |
| Taxes | 670/3 | €38,032 | €41,394 | +€3,363 | +8.8% |
| Tax adjustments and reversals of tax provisions | 77 | €363 | - | -€363 | |
| Profit (loss) for the period | 9904 | €114,457 | €124,183 | +€9,726 | +8.5% |
| Profit (loss) for the period to be appropriated | 9905 | €114,457 | €124,183 | +€9,726 | +8.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.