PORTIER: 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.
PORTIER
Largest movements
- Cash +€16,958
up €16,958 (+378.5%), from €4,480 to €21,439
mainly Depreciation (+€16,258) and Net result for the year (+€14,785)
- Tangible fixed assets -€14,443
down €14,443 (-32.4%), from €44,525 to €30,082
of which Furniture and vehicles: -€11,157
- Receivables within one year +€8,921
up €8,921 (+35.8%), from €24,892 to €33,813
of which Trade receivables: +€6,094
- Stocks and contracts +€1,298
up €1,298 (+6.9%), from €18,716 to €20,014
- Reserves +€14,785
up €14,785 (+52.5%), from €28,148 to €42,932
- Debts after one year -€9,208
down €9,208 (-49.4%), from €18,633 to €9,426
- Tax, wage and social debts +€5,094
up €5,094 (+53.3%), from €9,555 to €14,649
of which Remuneration and social security: +€6,990
- Trade debts +€3,743
up €3,743 (+50.5%), from €7,405 to €11,149
- Gross operating margin +€25,335
up €25,335 (+40.6%), from €62,341 to €87,675
- Staff costs -€2,390
down €2,390 (-4.3%), from €55,283 to €52,893
- Taxes +€1,455
up €1,455 (+588.5%), from €247 to €1,702
- Depreciation -€1,054
down €1,054 (-6.1%), from €17,313 to €16,258
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.
Cash bridge derived
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 | €99,121 | €112,467 | +€13,346 | +13.5% |
| Fixed assets | 21/28 | €44,660 | €30,217 | -€14,443 | -32.3% |
| Tangible fixed assets | 22/27 | €44,525 | €30,082 | -€14,443 | -32.4% |
| Plant, machinery and equipment | 23 | €15,794 | €12,507 | -€3,287 | -20.8% |
| Furniture and vehicles | 24 | €28,732 | €17,575 | -€11,157 | -38.8% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €54,461 | €82,251 | +€27,790 | +51.0% |
| Stocks and contracts in progress | 3 | €18,716 | €20,014 | +€1,298 | +6.9% |
| Stocks | 30/36 | €18,716 | €20,014 | +€1,298 | +6.9% |
| Amounts receivable within one year | 40/41 | €24,892 | €33,813 | +€8,921 | +35.8% |
| Trade receivables | 40 | €24,892 | €30,985 | +€6,094 | +24.5% |
| Other amounts receivable | 41 | - | €2,827 | +€2,827 | |
| Cash at bank and in hand | 54/58 | €4,480 | €21,439 | +€16,958 | +378.5% |
| Deferred charges and accrued income | 490/1 | €6,372 | €6,985 | +€613 | +9.6% |
| Total equity and liabilities | 10/49 | €99,121 | €112,467 | +€13,346 | +13.5% |
| Equity | 10/15 | €46,740 | €61,524 | +€14,785 | +31.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €28,148 | €42,932 | +€14,785 | +52.5% |
| Distributable reserves | 133 | €28,148 | €42,932 | +€14,785 | +52.5% |
| Amounts payable | 17/49 | €52,381 | €50,943 | -€1,438 | -2.7% |
| Amounts payable after more than one year | 17 | €18,633 | €9,426 | -€9,208 | -49.4% |
| Financial debts | 170/4 | €18,633 | €9,426 | -€9,208 | -49.4% |
| Amounts payable within one year | 42/48 | €33,498 | €41,517 | +€8,020 | +23.9% |
| Current portion of amounts payable after more than one year | 42 | €8,995 | €9,208 | +€213 | +2.4% |
| Trade debts | 44 | €7,405 | €11,149 | +€3,743 | +50.5% |
| Suppliers | 440/4 | €7,405 | €11,149 | +€3,743 | +50.5% |
| Taxes, remuneration and social security | 45 | €9,555 | €14,649 | +€5,094 | +53.3% |
| Taxes | 450/3 | €3,694 | €1,798 | -€1,896 | -51.3% |
| Remuneration and social security | 454/9 | €5,860 | €12,851 | +€6,990 | +119.3% |
| Other amounts payable | 47/48 | €7,542 | €6,512 | -€1,030 | -13.7% |
| Accrued charges and deferred income | 492/3 | €250 | - | -€250 | |
| Non-recurring operating income | 76A | €1,653 | - | -€1,653 | |
| Remuneration, social security and pensions | 62 | €55,283 | €52,893 | -€2,390 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,313 | €16,258 | -€1,054 | -6.1% |
| Other operating charges | 640/8 | €1,581 | €1,762 | +€181 | +11.5% |
| Gross operating margin | 9900 | €62,341 | €87,675 | +€25,335 | +40.6% |
| Operating profit (loss) | 9901 | -€11,836 | €16,762 | +€28,598 | |
| Financial income | 75/76B | €390 | €668 | +€277 | +71.0% |
| Recurring financial income | 75 | €390 | €668 | +€277 | +71.0% |
| Financial charges | 65/66B | €1,004 | €943 | -€62 | -6.1% |
| Recurring financial charges | 65 | €1,004 | €943 | -€62 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | -€12,450 | €16,487 | +€28,937 | |
| Income taxes | 67/77 | €247 | €1,702 | +€1,455 | +588.5% |
| Profit (loss) for the period | 9904 | -€12,697 | €14,785 | +€27,482 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,697 | €14,785 | +€27,482 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.