PORTAEL INFORMATION TECHNOLOGY: what changed
What changed
PORTAEL INFORMATION TECHNOLOGY
NACE 62.100, Computer programming
filed annual accounts (NBB)
Net result for the year
€44,349
2024 · €46,974-€2,625
Equity
€275,920
2024 · €276,237-€317
Cash
€256,300
2024 · €243,212+€13,087
Balance sheet total
€352,200
2024 · €356,695-€4,495
Largest movements
Assets
- Cash +€13,087
up €13,087 (+5.4%), from €243,212 to €256,300
mainly Net result for the year (+€44,349) and Other debts (+€14,406)
- Tangible fixed assets -€11,334
down €11,334 (-15.6%), from €72,663 to €61,329
- Receivables within one year -€6,037
down €6,037 (-18.1%), from €33,389 to €27,352
of which Trade receivables: -€7,133
Equity and liabilities
- Other debts +€14,406
up €14,406 (+45.9%), from €31,420 to €45,826
- Debts after one year -€6,168
down €6,168 (-100%), from €6,168 to €0
- Tax, wage and social debts -€6,007
down €6,007 (-23.3%), from €25,738 to €19,732
of which Taxes: -€6,007
- Short-term financial debts -€4,311
down €4,311 (-98.1%), from €4,394 to €83
Income statement
- Gross operating margin -€6,046
down €6,046 (-7.4%), from €81,824 to €75,778
- Depreciation -€1,518
down €1,518 (-11.8%), from €12,853 to €11,334
- Taxes -€1,146
down €1,146 (-6.2%), from €18,625 to €17,479
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
€46,974
Gross operating margin
-€6,046
Depreciation
+€1,518
Other operating charges
+€151
Financial income
+€145
Financial charges
+€461
Taxes
+€1,146
Result 2025
€44,349
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
+€70,150
Investment
€0
Financing
-€57,063
Cash 2024
€243,212
From operations (derived)
+€70,150
Net result for the year
+€44,349
Depreciation
+€11,334
Smaller working-capital items
-€99
Receivables within one year
+€6,037
Deferred charges and accrued income
+€129
Tax, wage and social debts
-€6,007
Other debts
+€14,406
Financing
-€57,063
Debts after one year
-€6,168
Current portion of long-term debt
-€1,918
Short-term financial debts
-€4,311
Contributions, distributions and other
-€44,666
Cash 2025
€256,300
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €356,695 | €352,200 | -€4,495 | -1.3% |
| Fixed assets | 21/28 | €72,663 | €61,329 | -€11,334 | -15.6% |
| Tangible fixed assets | 22/27 | €72,663 | €61,329 | -€11,334 | -15.6% |
| Land and buildings | 22 | €59,500 | €55,000 | -€4,500 | -7.6% |
| Furniture and vehicles | 24 | €9,046 | €4,608 | -€4,438 | -49.1% |
| Other tangible fixed assets | 26 | €4,117 | €1,721 | -€2,396 | -58.2% |
| Current assets | 29/58 | €284,032 | €290,871 | +€6,839 | +2.4% |
| Stocks and contracts in progress | 3 | €609 | €527 | -€82 | -13.5% |
| Stocks | 30/36 | €609 | €527 | -€82 | -13.5% |
| Amounts receivable within one year | 40/41 | €33,389 | €27,352 | -€6,037 | -18.1% |
| Trade receivables | 40 | €33,196 | €26,063 | -€7,133 | -21.5% |
| Other amounts receivable | 41 | €194 | €1,289 | +€1,095 | +566% |
| Cash at bank and in hand | 54/58 | €243,212 | €256,300 | +€13,087 | +5.4% |
| Deferred charges and accrued income | 490/1 | €6,821 | €6,693 | -€129 | -1.9% |
| Total equity and liabilities | 10/49 | €356,695 | €352,200 | -€4,495 | -1.3% |
| Equity | 10/15 | €276,237 | €275,920 | -€317 | -0.1% |
| Contributions | 10/11 | €8,700 | €8,700 | = | 0.0% |
| Reserves | 13 | €267,537 | €267,220 | -€317 | -0.1% |
| Distributable reserves | 133 | €267,537 | €267,220 | -€317 | -0.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €80,459 | €76,280 | -€4,179 | -5.2% |
| Amounts payable after more than one year | 17 | €6,168 | €0 | -€6,168 | -100% |
| Financial debts | 170/4 | €6,168 | €0 | -€6,168 | -100% |
| Amounts payable within one year | 42/48 | €74,195 | €76,280 | +€2,085 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €8,086 | €6,168 | -€1,918 | -23.7% |
| Financial debts | 43 | €4,394 | €83 | -€4,311 | -98.1% |
| Credit institutions | 430/8 | €4,394 | €83 | -€4,311 | -98.1% |
| Trade debts | 44 | €4,557 | €4,472 | -€86 | -1.9% |
| Suppliers | 440/4 | €4,557 | €4,472 | -€86 | -1.9% |
| Taxes, remuneration and social security | 45 | €25,738 | €19,732 | -€6,007 | -23.3% |
| Taxes | 450/3 | €22,988 | €16,982 | -€6,007 | -26.1% |
| Remuneration and social security | 454/9 | €2,750 | €2,750 | = | 0.0% |
| Other amounts payable | 47/48 | €31,420 | €45,826 | +€14,406 | +45.9% |
| Accrued charges and deferred income | 492/3 | €95 | €0 | -€95 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,853 | €11,334 | -€1,518 | -11.8% |
| Other operating charges | 640/8 | €1,420 | €1,268 | -€151 | -10.6% |
| Gross operating margin | 9900 | €81,824 | €75,778 | -€6,046 | -7.4% |
| Operating profit (loss) | 9901 | €67,552 | €63,176 | -€4,376 | -6.5% |
| Financial income | 75/76B | €2 | €146 | +€145 | +9,659% |
| Recurring financial income | 75 | €2 | €146 | +€145 | +9,659% |
| Financial charges | 65/66B | €1,954 | €1,494 | -€461 | -23.6% |
| Recurring financial charges | 65 | €1,954 | €1,494 | -€461 | -23.6% |
| Profit (loss) for the period before taxes | 9903 | €65,599 | €61,828 | -€3,770 | -5.7% |
| Income taxes | 67/77 | €18,625 | €17,479 | -€1,146 | -6.2% |
| Profit (loss) for the period | 9904 | €46,974 | €44,349 | -€2,625 | -5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €46,974 | €44,349 | -€2,625 | -5.6% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.