PORTYMUNDO: 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.
PORTYMUNDO
Largest movements
- Cash +€53,379
up €53,379 (+14.4%), from €370,090 to €423,469
mainly Other debts (+€177,125) and Net result for the year (+€32,943)
- Receivables within one year -€31,817
down €31,817 (-70.9%), from €44,866 to €13,049
of which Trade receivables: -€42,827
- Financial fixed assets -€28,700
down €28,700 (-7.3%), from €392,096 to €363,396
- Other debts +€177,125
up €177,125 (+30.6%), from €577,942 to €755,067
- Reserves -€167,057
down €167,057 (-42.8%), from €390,549 to €223,492
- Tax, wage and social debts -€15,791
down €15,791 (-12.8%), from €123,253 to €107,462
- Gross operating margin -€119,705
down €119,705 (-97.7%), from €122,530 to €2,825
- Financial income +€94,176
up €94,176 (+643.8%), from €14,628 to €108,804
of which Non-recurring financial income: +€92,296
- Taxes +€29,970
up €29,970 (+93.0%), from €32,240 to €62,210
- Financial charges -€16,853
down €16,853 (-69.9%), from €24,098 to €7,245
of which Non-recurring financial charges: -€16,602
- Other operating charges +€3,580
up €3,580 (+63.4%), from €5,650 to €9,230
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 | €1,117,805 | €1,108,236 | -€9,568 | -0.9% |
| Fixed assets | 21/28 | €392,096 | €363,396 | -€28,700 | -7.3% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Financial fixed assets | 28 | €392,096 | €363,396 | -€28,700 | -7.3% |
| Current assets | 29/58 | €725,708 | €744,840 | +€19,132 | +2.6% |
| Amounts receivable after more than one year | 29 | €300,000 | €300,000 | = | 0.0% |
| Trade receivables | 290 | - | €300,000 | +€300,000 | |
| Other amounts receivable | 291 | €300,000 | - | -€300,000 | |
| Amounts receivable within one year | 40/41 | €44,866 | €13,049 | -€31,817 | -70.9% |
| Trade receivables | 40 | €44,835 | €2,008 | -€42,827 | -95.5% |
| Other amounts receivable | 41 | €31 | €11,041 | +€11,010 | +35933.8% |
| Current investments | 50/53 | €1,000 | €1,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €370,090 | €423,469 | +€53,379 | +14.4% |
| Deferred charges and accrued income | 490/1 | €9,752 | €7,322 | -€2,430 | -24.9% |
| Total equity and liabilities | 10/49 | €1,117,805 | €1,108,236 | -€9,568 | -0.9% |
| Equity | 10/15 | €409,149 | €242,092 | -€167,057 | -40.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €390,549 | €223,492 | -€167,057 | -42.8% |
| Distributable reserves | 133 | €390,549 | €223,492 | -€167,057 | -42.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €708,655 | €866,144 | +€157,488 | +22.2% |
| Amounts payable within one year | 42/48 | €708,655 | €866,144 | +€157,488 | +22.2% |
| Financial debts | 43 | €0 | €1,947 | +€1,947 | |
| Credit institutions | 430/8 | €0 | €1,947 | +€1,947 | |
| Trade debts | 44 | €7,460 | €1,668 | -€5,792 | -77.6% |
| Suppliers | 440/4 | €7,460 | €1,668 | -€5,792 | -77.6% |
| Taxes, remuneration and social security | 45 | €123,253 | €107,462 | -€15,791 | -12.8% |
| Taxes | 450/3 | €123,253 | €107,462 | -€15,791 | -12.8% |
| Other amounts payable | 47/48 | €577,942 | €755,067 | +€177,125 | +30.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €315 | €0 | -€315 | -100.0% |
| Other operating charges | 640/8 | €5,650 | €9,230 | +€3,580 | +63.4% |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | €122,530 | €2,825 | -€119,705 | -97.7% |
| Operating profit (loss) | 9901 | €116,565 | -€6,405 | -€122,970 | |
| Financial income | 75/76B | €14,628 | €108,804 | +€94,176 | +643.8% |
| Recurring financial income | 75 | €5,624 | €7,504 | +€1,880 | +33.4% |
| Non-recurring financial income | 76B | €9,004 | €101,300 | +€92,296 | +1025.1% |
| Financial charges | 65/66B | €24,098 | €7,245 | -€16,853 | -69.9% |
| Recurring financial charges | 65 | €7,496 | €7,245 | -€251 | -3.3% |
| Non-recurring financial charges | 66B | €16,602 | - | -€16,602 | |
| Profit (loss) for the period before taxes | 9903 | €107,095 | €95,154 | -€11,941 | -11.1% |
| Income taxes | 67/77 | €32,240 | €62,210 | +€29,970 | +93.0% |
| Profit (loss) for the period | 9904 | €74,854 | €32,943 | -€41,911 | -56.0% |
| Profit (loss) for the period to be appropriated | 9905 | €74,854 | €32,943 | -€41,911 | -56.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.