PORTALIS GROUP: what changed
PORTALIS GROUP
Largest movements
- Receivables within one year +€32,966
up €32,966 (+50.3%), from €65,553 to €98,519
of which Other amounts receivable: +€32,130
- Cash +€7,294
up €7,294 (+228%), from €3,205 to €10,499
mainly Net result for the year (+€19,984) and Tax, wage and social debts (+€13,856)
- Tangible fixed assets -€5,659
down €5,659 (-83.5%), from €6,777 to €1,117
- Profit (loss) carried forward +€19,984
up €19,984 (+48.4%), from €41,304 to €61,288
- Tax, wage and social debts +€13,856
up €13,856 (+169%), from €8,196 to €22,052
- Gross operating margin +€31,045
up €31,045 (+822%), from €3,777 to €34,823
- Taxes +€7,272
new in 2024: €7,272
- Other operating charges +€2,934
up €2,934 (+349%), from €841 to €3,774
- Depreciation -€2,610
down €2,610 (-26.5%), from €9,859 to €7,249
- Financial income +€896
up €896 (+30.8%), from €2,904 to €3,800
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,535 | €110,135 | +€34,600 | +45.8% |
| Fixed assets | 21/28 | €6,777 | €1,117 | -€5,659 | -83.5% |
| Tangible fixed assets | 22/27 | €6,777 | €1,117 | -€5,659 | -83.5% |
| Furniture and vehicles | 24 | €6,777 | €1,117 | -€5,659 | -83.5% |
| Current assets | 29/58 | €68,758 | €109,017 | +€40,259 | +58.6% |
| Amounts receivable within one year | 40/41 | €65,553 | €98,519 | +€32,966 | +50.3% |
| Trade receivables | 40 | €3,205 | €4,041 | +€836 | +26.1% |
| Other amounts receivable | 41 | €62,348 | €94,478 | +€32,130 | +51.5% |
| Cash at bank and in hand | 54/58 | €3,205 | €10,499 | +€7,294 | +228% |
| Total equity and liabilities | 10/49 | €75,535 | €110,135 | +€34,600 | +45.8% |
| Equity | 10/15 | €60,904 | €80,888 | +€19,984 | +32.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,304 | €61,288 | +€19,984 | +48.4% |
| Amounts payable | 17/49 | €14,631 | €29,247 | +€14,616 | +99.9% |
| Amounts payable within one year | 42/48 | €14,631 | €29,247 | +€14,616 | +99.9% |
| Trade debts | 44 | €1,293 | €2,053 | +€760 | +58.8% |
| Suppliers | 440/4 | €1,293 | €2,053 | +€760 | +58.8% |
| Advances received on contracts in progress | 46 | €5,143 | €5,143 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €8,196 | €22,052 | +€13,856 | +169% |
| Taxes | 450/3 | €8,196 | €22,052 | +€13,856 | +169% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,859 | €7,249 | -€2,610 | -26.5% |
| Other operating charges | 640/8 | €841 | €3,774 | +€2,934 | +349% |
| Gross operating margin | 9900 | €3,777 | €34,823 | +€31,045 | +822% |
| Operating profit (loss) | 9901 | -€6,923 | €23,799 | +€30,722 | |
| Financial income | 75/76B | €2,904 | €3,800 | +€896 | +30.8% |
| Recurring financial income | 75 | €2,904 | €3,800 | +€896 | +30.8% |
| Financial charges | 65/66B | €207 | €342 | +€135 | +65.4% |
| Recurring financial charges | 65 | €207 | €342 | +€135 | +65.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,225 | €27,257 | +€31,482 | |
| Income taxes | 67/77 | - | €7,272 | +€7,272 | |
| Profit (loss) for the period | 9904 | -€4,225 | €19,984 | +€24,210 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,225 | €19,984 | +€24,210 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.