PORTIER: 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.
What changed
PORTIER
NACE 47.820, Retail sale of motor vehicle parts and accessories
financial year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€77,978
2023 · €62,419+€15,559
Equity
€493,312
2023 · €415,334+€77,978
Cash
€6,346
2023 · €8,395-€2,050
Balance sheet total
€1.7m
2023 · €1.8m-€41,377
Largest movements
Assets
- Tangible fixed assets -€49,041
down €49,041 (-5.7%), from €867,953 to €818,912
of which Land and buildings: -€44,071
- Stocks and contracts +€20,615
up €20,615 (+3.1%), from €672,845 to €693,460
Equity and liabilities
- Profit (loss) carried forward +€77,978
up €77,978 (+19.2%), from €406,474 to €484,452
- Debts after one year -€66,243
down €66,243 (-9.7%), from €680,412 to €614,169
- Trade debts -€53,176
down €53,176 (-13.6%), from €389,779 to €336,603
- Short-term financial debts +€27,782
up €27,782 (+140.5%), from €19,775 to €47,557
- Current portion of long-term debt -€19,236
down €19,236 (-22.5%), from €85,479 to €66,243
Income statement
- Staff costs -€10,652
down €10,652 (-2.0%), from €525,055 to €514,403
- Taxes +€9,537
up €9,537 (+42.2%), from €22,624 to €32,162
- Gross operating margin +€8,015
up €8,015 (+1.1%), from €734,629 to €742,644
From the 2023 result to the 2024 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.
Result 2023
€62,419
Gross operating margin
+€8,015
Staff costs
+€10,652
Depreciation
-€3,450
Other operating charges
+€2,517
Financial income
+€583
Financial charges
+€6,780
Taxes
-€9,537
Result 2024
€77,978
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€80,291
Investment
-€24,644
Financing
-€57,697
Cash 2023
€8,395
From operations (derived)
+€80,291
Net result for the year
+€77,978
Depreciation
+€73,685
Stocks and contracts
-€20,615
Receivables within one year
+€14,088
Deferred charges and accrued income
-€3,187
Trade debts
-€53,176
Tax, wage and social debts
-€11,061
Other debts
+€1,994
Accrued charges and deferred income
+€586
Investment (derived)
-€24,644
Investment in fixed assets (net)
-€24,644
Financing
-€57,697
Debts after one year
-€66,243
Current portion of long-term debt
-€19,236
Short-term financial debts
+€27,782
Cash 2024
€6,346
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,750,841 | €1,709,465 | -€41,377 | -2.4% |
| Fixed assets | 21/28 | €878,025 | €828,984 | -€49,041 | -5.6% |
| Tangible fixed assets | 22/27 | €867,953 | €818,912 | -€49,041 | -5.7% |
| Land and buildings | 22 | €811,328 | €767,257 | -€44,071 | -5.4% |
| Plant, machinery and equipment | 23 | €14,709 | €10,280 | -€4,429 | -30.1% |
| Furniture and vehicles | 24 | €19,781 | €30,635 | +€10,853 | +54.9% |
| Other tangible fixed assets | 26 | €22,135 | €10,741 | -€11,394 | -51.5% |
| Financial fixed assets | 28 | €10,072 | €10,072 | = | 0.0% |
| Current assets | 29/58 | €872,816 | €880,480 | +€7,665 | +0.9% |
| Stocks and contracts in progress | 3 | €672,845 | €693,460 | +€20,615 | +3.1% |
| Stocks | 30/36 | €672,845 | €693,460 | +€20,615 | +3.1% |
| Amounts receivable within one year | 40/41 | €189,026 | €174,938 | -€14,088 | -7.5% |
| Trade receivables | 40 | €124,282 | €134,083 | +€9,801 | +7.9% |
| Other amounts receivable | 41 | €64,744 | €40,855 | -€23,888 | -36.9% |
| Cash at bank and in hand | 54/58 | €8,395 | €6,346 | -€2,050 | -24.4% |
| Deferred charges and accrued income | 490/1 | €2,550 | €5,737 | +€3,187 | +125.0% |
| Total equity and liabilities | 10/49 | €1,750,841 | €1,709,465 | -€41,377 | -2.4% |
| Equity | 10/15 | €415,334 | €493,312 | +€77,978 | +18.8% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €406,474 | €484,452 | +€77,978 | +19.2% |
| Amounts payable | 17/49 | €1,335,507 | €1,216,153 | -€119,354 | -8.9% |
| Amounts payable after more than one year | 17 | €680,412 | €614,169 | -€66,243 | -9.7% |
| Financial debts | 170/4 | €680,412 | €614,169 | -€66,243 | -9.7% |
| Amounts payable within one year | 42/48 | €655,096 | €601,398 | -€53,697 | -8.2% |
| Current portion of amounts payable after more than one year | 42 | €85,479 | €66,243 | -€19,236 | -22.5% |
| Financial debts | 43 | €19,775 | €47,557 | +€27,782 | +140.5% |
| Credit institutions | 430/8 | €19,775 | €47,557 | +€27,782 | +140.5% |
| Trade debts | 44 | €389,779 | €336,603 | -€53,176 | -13.6% |
| Suppliers | 440/4 | €389,779 | €336,603 | -€53,176 | -13.6% |
| Advances received on contracts in progress | 46 | €671 | €671 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €159,392 | €148,331 | -€11,061 | -6.9% |
| Taxes | 450/3 | €83,211 | €65,291 | -€17,920 | -21.5% |
| Remuneration and social security | 454/9 | €76,181 | €83,040 | +€6,859 | +9.0% |
| Other amounts payable | 47/48 | - | €1,994 | +€1,994 | |
| Accrued charges and deferred income | 492/3 | - | €586 | +€586 | |
| Remuneration, social security and pensions | 62 | €525,055 | €514,403 | -€10,652 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,235 | €73,685 | +€3,450 | +4.9% |
| Other operating charges | 640/8 | €19,783 | €17,266 | -€2,517 | -12.7% |
| Gross operating margin | 9900 | €734,629 | €742,644 | +€8,015 | +1.1% |
| Operating profit (loss) | 9901 | €119,556 | €137,290 | +€17,734 | +14.8% |
| Financial income | 75/76B | €197 | €780 | +€583 | +295.5% |
| Recurring financial income | 75 | €197 | €780 | +€583 | +295.5% |
| Financial charges | 65/66B | €34,710 | €27,930 | -€6,780 | -19.5% |
| Recurring financial charges | 65 | €34,710 | €27,930 | -€6,780 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | €85,043 | €110,140 | +€25,097 | +29.5% |
| Income taxes | 67/77 | €22,624 | €32,162 | +€9,537 | +42.2% |
| Profit (loss) for the period | 9904 | €62,419 | €77,978 | +€15,559 | +24.9% |
| Profit (loss) for the period to be appropriated | 9905 | €62,419 | €77,978 | +€15,559 | +24.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.