PORTES SERVICES: 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.
PORTES SERVICES
Largest movements
- Receivables within one year -€358,720
down €358,720 (-27.3%), from €1.3m to €955,045
of which Other amounts receivable: -€361,411
- Trade debts -€356,348
down €356,348 (-69.9%), from €510,023 to €153,675
- Other debts +€68,685
new in 2025: €68,685
- Profit (loss) carried forward -€64,698
down €64,698 (-9.0%), from €719,964 to €655,266
- Tax, wage and social debts -€34,227
down €34,227 (-61.3%), from €55,818 to €21,591
of which Taxes: -€28,865
- Accrued charges and deferred income +€16,184
new in 2025: €16,184
- Gross operating margin -€186,699
down €186,699 (-62.7%), from €297,838 to €111,139
- Staff costs -€59,019
down €59,019 (-26.5%), from €222,508 to €163,489
- Taxes -€16,769
no longer reported in 2025 (was €16,769)
- Depreciation -€5,505
down €5,505 (-58.6%), from €9,400 to €3,895
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 | €1,365,546 | €989,376 | -€376,170 | -27.5% |
| Fixed assets | 21/28 | €11,718 | €7,823 | -€3,895 | -33.2% |
| Tangible fixed assets | 22/27 | €11,600 | €7,705 | -€3,895 | -33.6% |
| Plant, machinery and equipment | 23 | €1,808 | €1,055 | -€753 | -41.7% |
| Furniture and vehicles | 24 | €9,792 | €6,650 | -€3,142 | -32.1% |
| Financial fixed assets | 28 | €118 | €118 | -€0 | -0.2% |
| Current assets | 29/58 | €1,353,828 | €981,553 | -€372,275 | -27.5% |
| Stocks and contracts in progress | 3 | €10,437 | €10,438 | +€1 | 0.0% |
| Stocks | 30/36 | €10,437 | €10,438 | +€1 | 0.0% |
| Amounts receivable within one year | 40/41 | €1,313,765 | €955,045 | -€358,720 | -27.3% |
| Trade receivables | 40 | €68,311 | €71,002 | +€2,691 | +3.9% |
| Other amounts receivable | 41 | €1,245,454 | €884,043 | -€361,411 | -29.0% |
| Cash at bank and in hand | 54/58 | €29,625 | €16,070 | -€13,555 | -45.8% |
| Total equity and liabilities | 10/49 | €1,365,546 | €989,376 | -€376,170 | -27.5% |
| Equity | 10/15 | €788,164 | €723,466 | -€64,698 | -8.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €719,964 | €655,266 | -€64,698 | -9.0% |
| Amounts payable | 17/49 | €577,382 | €265,910 | -€311,472 | -53.9% |
| Amounts payable within one year | 42/48 | €577,382 | €249,726 | -€327,656 | -56.7% |
| Current portion of amounts payable after more than one year | 42 | €5,800 | €5,775 | -€25 | -0.4% |
| Trade debts | 44 | €510,023 | €153,675 | -€356,348 | -69.9% |
| Suppliers | 440/4 | €510,023 | €153,675 | -€356,348 | -69.9% |
| Advances received on contracts in progress | 46 | €5,741 | - | -€5,741 | |
| Taxes, remuneration and social security | 45 | €55,818 | €21,591 | -€34,227 | -61.3% |
| Taxes | 450/3 | €29,995 | €1,130 | -€28,865 | -96.2% |
| Remuneration and social security | 454/9 | €25,823 | €20,461 | -€5,362 | -20.8% |
| Other amounts payable | 47/48 | - | €68,685 | +€68,685 | |
| Accrued charges and deferred income | 492/3 | - | €16,184 | +€16,184 | |
| Remuneration, social security and pensions | 62 | €222,508 | €163,489 | -€59,019 | -26.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,400 | €3,895 | -€5,505 | -58.6% |
| Other operating charges | 640/8 | €2,898 | €5,218 | +€2,320 | +80.0% |
| Gross operating margin | 9900 | €297,838 | €111,139 | -€186,699 | -62.7% |
| Operating profit (loss) | 9901 | €63,033 | -€61,463 | -€124,496 | |
| Financial income | 75/76B | - | €15 | +€15 | |
| Recurring financial income | 75 | - | €15 | +€15 | |
| Financial charges | 65/66B | €3,742 | €3,250 | -€492 | -13.2% |
| Recurring financial charges | 65 | €3,742 | €3,250 | -€492 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €59,290 | -€64,698 | -€123,988 | |
| Income taxes | 67/77 | €16,769 | - | -€16,769 | |
| Profit (loss) for the period | 9904 | €42,522 | -€64,698 | -€107,220 | |
| Profit (loss) for the period to be appropriated | 9905 | €42,522 | -€64,698 | -€107,220 |
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 28 October 2026 via checked.be.