PORTIO: 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.
PORTIO
Largest movements
- Intangible fixed assets +€123,459
up €123,459 (+125.5%), from €98,388 to €221,847
- Receivables within one year +€9,372
up €9,372 (+23.1%), from €40,635 to €50,007
of which Other amounts receivable: +€25,251
- Other debts +€205,821
up €205,821 (+163.0%), from €126,237 to €332,058
- Profit (loss) carried forward -€71,687
down €71,687 (-369.6%), from -€19,398 to -€91,086
- Gross operating margin -€35,580
down €35,580 (-268.3%), from -€13,260 to -€48,840
- Depreciation +€16,544
up €16,544 (+364.2%), from €4,543 to €21,087
- Financial charges +€725
up €725 (+292.7%), from €248 to €973
- Other operating charges -€558
down €558 (-41.4%), from €1,347 to €790
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 | €153,570 | €285,688 | +€132,118 | +86.0% |
| Formation expenses | 20 | €2,503 | €1,834 | -€669 | -26.7% |
| Fixed assets | 21/28 | €110,388 | €233,847 | +€123,459 | +111.8% |
| Intangible fixed assets | 21 | €98,388 | €221,847 | +€123,459 | +125.5% |
| Financial fixed assets | 28 | €12,000 | €12,000 | = | 0.0% |
| Current assets | 29/58 | €40,679 | €50,007 | +€9,328 | +22.9% |
| Amounts receivable within one year | 40/41 | €40,635 | €50,007 | +€9,372 | +23.1% |
| Trade receivables | 40 | €25,354 | €9,475 | -€15,879 | -62.6% |
| Other amounts receivable | 41 | €15,281 | €40,532 | +€25,251 | +165.2% |
| Cash at bank and in hand | 54/58 | €44 | €0 | -€44 | -100.0% |
| Total equity and liabilities | 10/49 | €153,570 | €285,688 | +€132,118 | +86.0% |
| Equity | 10/15 | €602 | -€71,086 | -€71,687 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,398 | -€91,086 | -€71,687 | -369.6% |
| Amounts payable | 17/49 | €152,968 | €356,774 | +€203,806 | +133.2% |
| Amounts payable within one year | 42/48 | €152,968 | €356,774 | +€203,806 | +133.2% |
| Financial debts | 43 | - | €582 | +€582 | |
| Credit institutions | 430/8 | - | €582 | +€582 | |
| Trade debts | 44 | €26,731 | €24,134 | -€2,597 | -9.7% |
| Suppliers | 440/4 | €26,731 | €24,134 | -€2,597 | -9.7% |
| Other amounts payable | 47/48 | €126,237 | €332,058 | +€205,821 | +163.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,543 | €21,087 | +€16,544 | +364.2% |
| Other operating charges | 640/8 | €1,347 | €790 | -€558 | -41.4% |
| Gross operating margin | 9900 | -€13,260 | -€48,840 | -€35,580 | -268.3% |
| Operating profit (loss) | 9901 | -€19,151 | -€70,716 | -€51,566 | -269.3% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €248 | €973 | +€725 | +292.7% |
| Recurring financial charges | 65 | €248 | €973 | +€725 | +292.7% |
| Profit (loss) for the period before taxes | 9903 | -€19,398 | -€71,687 | -€52,289 | -269.6% |
| Profit (loss) for the period | 9904 | -€19,398 | -€71,687 | -€52,289 | -269.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,398 | -€71,687 | -€52,289 | -269.6% |
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 12 October 2026 via checked.be.