Portier Immo: 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.
Portier Immo
Largest movements
- Tangible fixed assets +€280,320
up €280,320 (+122%), from €230,253 to €510,573
of which Land and buildings: +€348,768
- Cash -€33,622
down €33,622 (-86.8%), from €38,752 to €5,130
mainly Investment in fixed assets (net) (-€287,306) and Net result for the year (-€23,992)
- Other debts +€250,847
up €250,847 (+85.2%), from €294,372 to €545,219
- Profit (loss) carried forward -€23,992
down €23,992 (-85.4%), from -€28,090 to -€52,082
- Trade debts +€19,566
new in 2025: €19,566
- Gross operating margin -€4,032
down €4,032 (-33.8%), from -€11,938 to -€15,970
- Depreciation +€2,824
up €2,824 (+67.8%), from €4,163 to €6,986
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 | €269,283 | €515,703 | +€246,420 | +91.5% |
| Fixed assets | 21/28 | €230,253 | €510,573 | +€280,320 | +122% |
| Tangible fixed assets | 22/27 | €230,253 | €510,573 | +€280,320 | +122% |
| Land and buildings | 22 | €161,805 | €510,573 | +€348,768 | +216% |
| Assets under construction and advance payments | 27 | €68,448 | - | -€68,448 | |
| Current assets | 29/58 | €39,030 | €5,130 | -€33,900 | -86.9% |
| Amounts receivable within one year | 40/41 | €278 | - | -€278 | |
| Other amounts receivable | 41 | €278 | - | -€278 | |
| Cash at bank and in hand | 54/58 | €38,752 | €5,130 | -€33,622 | -86.8% |
| Total equity and liabilities | 10/49 | €269,283 | €515,703 | +€246,420 | +91.5% |
| Equity | 10/15 | -€25,090 | -€49,082 | -€23,992 | -95.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,090 | -€52,082 | -€23,992 | -85.4% |
| Amounts payable | 17/49 | €294,372 | €564,785 | +€270,412 | +91.9% |
| Amounts payable within one year | 42/48 | €294,372 | €564,785 | +€270,412 | +91.9% |
| Trade debts | 44 | - | €19,566 | +€19,566 | |
| Suppliers | 440/4 | - | €19,566 | +€19,566 | |
| Other amounts payable | 47/48 | €294,372 | €545,219 | +€250,847 | +85.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,163 | €6,986 | +€2,824 | +67.8% |
| Other operating charges | 640/8 | €1,020 | €899 | -€121 | -11.9% |
| Gross operating margin | 9900 | -€11,938 | -€15,970 | -€4,032 | -33.8% |
| Operating profit (loss) | 9901 | -€17,120 | -€23,855 | -€6,734 | -39.3% |
| Financial income | 75/76B | €0 | €3 | +€2 | +565% |
| Recurring financial income | 75 | €0 | €3 | +€2 | +565% |
| Financial charges | 65/66B | €140 | €140 | = | 0.0% |
| Recurring financial charges | 65 | €140 | €140 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€17,260 | -€23,992 | -€6,732 | -39.0% |
| Profit (loss) for the period | 9904 | -€17,260 | -€23,992 | -€6,732 | -39.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,260 | -€23,992 | -€6,732 | -39.0% |
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 23 October 2026 via checked.be.