PORZA.BE: what changed
PORZA.BE
Largest movements
- Stocks and contracts +€38,175
up €38,175 (+135%), from €28,183 to €66,357
- Cash -€27,124
down €27,124 (-67.2%), from €40,363 to €13,239
mainly Stocks and contracts (-€38,175) and Investment in fixed assets (net) (-€11,570)
- Tangible fixed assets +€10,194
up €10,194 (+583%), from €1,747 to €11,941
- Receivables within one year -€1,092
down €1,092 (-21.0%), from €5,207 to €4,115
of which Other amounts receivable: -€4,450
- Other debts +€16,850
up €16,850 (+56.2%), from €30,000 to €46,850
- Tax, wage and social debts +€14,181
new in 2025: €14,181
of which Taxes: +€12,445
- Profit (loss) carried forward -€8,218
down €8,218 (-276%), from -€2,978 to -€11,196
- Trade debts -€2,547
down €2,547 (-13.8%), from €18,477 to €15,930
- Staff costs +€5,114
new in 2025: €5,114
- Gross operating margin +€2,720
up €2,720, from -€2,714 to €6
- Financial charges +€1,264
up €1,264 (+1,478%), from €86 to €1,349
- Depreciation +€1,189
up €1,189 (+635%), from €187 to €1,376
- Other operating charges +€435
new in 2025: €435
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,500 | €95,766 | +€20,266 | +26.8% |
| Fixed assets | 21/28 | €1,747 | €11,941 | +€10,194 | +583% |
| Tangible fixed assets | 22/27 | €1,747 | €11,941 | +€10,194 | +583% |
| Plant, machinery and equipment | 23 | - | €1,447 | +€1,447 | |
| Furniture and vehicles | 24 | €1,747 | €6,283 | +€4,536 | +260% |
| Other tangible fixed assets | 26 | - | €4,211 | +€4,211 | |
| Current assets | 29/58 | €73,752 | €83,824 | +€10,072 | +13.7% |
| Stocks and contracts in progress | 3 | €28,183 | €66,357 | +€38,175 | +135% |
| Stocks | 30/36 | €28,183 | €66,357 | +€38,175 | +135% |
| Amounts receivable within one year | 40/41 | €5,207 | €4,115 | -€1,092 | -21.0% |
| Trade receivables | 40 | - | €3,359 | +€3,359 | |
| Other amounts receivable | 41 | €5,207 | €756 | -€4,450 | -85.5% |
| Cash at bank and in hand | 54/58 | €40,363 | €13,239 | -€27,124 | -67.2% |
| Deferred charges and accrued income | 490/1 | - | €113 | +€113 | |
| Total equity and liabilities | 10/49 | €75,500 | €95,766 | +€20,266 | +26.8% |
| Equity | 10/15 | €27,022 | €18,804 | -€8,218 | -30.4% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,978 | -€11,196 | -€8,218 | -276% |
| Amounts payable | 17/49 | €48,477 | €76,961 | +€28,484 | +58.8% |
| Amounts payable within one year | 42/48 | €48,477 | €76,961 | +€28,484 | +58.8% |
| Trade debts | 44 | €18,477 | €15,930 | -€2,547 | -13.8% |
| Suppliers | 440/4 | €18,477 | €15,930 | -€2,547 | -13.8% |
| Taxes, remuneration and social security | 45 | - | €14,181 | +€14,181 | |
| Taxes | 450/3 | - | €12,445 | +€12,445 | |
| Remuneration and social security | 454/9 | - | €1,736 | +€1,736 | |
| Other amounts payable | 47/48 | €30,000 | €46,850 | +€16,850 | +56.2% |
| Remuneration, social security and pensions | 62 | - | €5,114 | +€5,114 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €187 | €1,376 | +€1,189 | +635% |
| Other operating charges | 640/8 | - | €435 | +€435 | |
| Gross operating margin | 9900 | -€2,714 | €6 | +€2,720 | |
| Operating profit (loss) | 9901 | -€2,901 | -€6,919 | -€4,018 | -139% |
| Financial income | 75/76B | €9 | €50 | +€41 | +469% |
| Recurring financial income | 75 | €9 | €50 | +€41 | +469% |
| Financial charges | 65/66B | €86 | €1,349 | +€1,264 | +1,478% |
| Recurring financial charges | 65 | €86 | €1,349 | +€1,264 | +1,478% |
| Profit (loss) for the period before taxes | 9903 | -€2,978 | -€8,218 | -€5,240 | -176% |
| Profit (loss) for the period | 9904 | -€2,978 | -€8,218 | -€5,240 | -176% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,978 | -€8,218 | -€5,240 | -176% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.