Portolani
Portolani has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €891k and a net result of €319k. Equity is growing by ~19% per year across the filed fiscal years. Its solvency ranks better than 67% of 310 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
| Equity | €891k |
| Net result | €319k |
| Staff (FTE) | 4.2 |
| Better than sector | 67% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 60.8% | 42.2% | |
| Net result | €319k | €55k | |
| Equity | €891k | €213k | |
| Gross operating margin | €969k | €84k | |
| Staff costs | €464k | €176k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | full schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - |
| EBITDA | €496k | €314k | €1k |
| Net profit | €319k | €235k | €-6k |
| Cash flow | €376k | €288k | €-2k |
| Staff costs | €464k | €512k | €620k |
| Income taxes | €122k | €83k | €6k |
| Dividends | €124k | €111k | - |
| Total assets | €1.46M | €1.22M | €1.05M |
| Equity | €891k | €726k | €616k |
| Debt | €573k | €491k | €434k |
| of which ≤ 1y | €505k | €445k | €346k |
| of which > 1y | - | - | - |
| Working capital | €764k | €653k | €510k |
| Employees (FTE) | 4.2 | 5.0 | 4.9 |
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 2.51 | 2.47 | 2.47 |
| Quick ratio | 2.51 | 2.47 | 2.47 |
| Working capital ratio | 52.2% | 53.7% | 48.6% |
| Solvency | 60.8% | 59.6% | 58.7% |
| Debt / equity | 0.64 | 0.68 | 0.70 |
| Long-term debt ratio | - | - | - |
| Interest coverage | 158.09 | 102.69 | 0.48 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 21.8% | 19.3% | -0.6% |
| ROE | 35.8% | 32.4% | -1.0% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €1.46M | €1.22M | €1.05M |
| Fixed assets | 21/28 | €196k | €119k | €193k |
| Intangible fixed assets | 21 | €57k | €107k | €134k |
| Tangible fixed assets | 22/27 | €37k | €10k | €9k |
| Financial fixed assets | 28 | €102k | €2k | €49k |
| Current assets | 29/58 | €1.27M | €1.10M | €857k |
| Amounts receivable within one year | 40/41 | €383k | €400k | €495k |
| Investments | 50/53 | €650k | €372k | €72k |
| Cash & bank | 54/58 | €199k | €298k | €249k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.46M | €1.22M | €1.05M |
| Equity | 10/15 | €891k | €726k | €616k |
| Contributions / capital | 10/11 | €489k | €489k | €489k |
| Reserves | 13 | €402k | €237k | €127k |
| Amounts payable | 17/49 | €573k | €491k | €434k |
| Amounts payable within one year | 42/48 | €505k | €445k | €346k |
| Trade debts payable within one year | 44 | €121k | €125k | €82k |
| Income statement | ||||
| Gross operating margin | 9900 | €969k | €831k | €647k |
| Operating result | 9901 | €439k | €261k | €-3k |
| Financial income | 75 | €6k | €61k | €5k |
| Financial charges | 65 | €3k | €3k | €2k |
| Result before taxes | 9903 | €441k | €319k | €206 |
| Income taxes | 67/77 | €122k | €83k | €6k |
| Net result for the period | 9904 | €319k | €235k | €-6k |
| Result to be appropriated | 9905 | €319k | €235k | €-6k |
-
Anabatik BVLegal entityDirectorState Gazette act 25064887 (21-05-2025)Current21-05-2025 → present
-
Vuurdoorn NVLegal entityDirectorState Gazette act 25064887 (21-05-2025)Current21-05-2025 → present
-
Julien Thys van den AudenaerenDirectorState Gazette act 24040462 (06-03-2024)Current06-03-2024 → present
-
Viricent DaelemansDirectorState Gazette act 24040462 (06-03-2024)Current06-03-2024 → present
-
Bernard RaevensDirectorState Gazette act 23091418 (14-07-2023)Current14-07-2023 → present
3 events
- 14-07-2023 Appointed· Director
- 04-05-2021 Resigned· Director
- 06-01-2020 Appointed· Uitvoerend bestuurder
-
Johan BeckersOnafhankelijke bestuuderState Gazette act 23091418 (14-07-2023)Current14-07-2023 → present
Show 6 more sitting directors
-
Paul VerdinOnafhankelijke bestuurderState Gazette act 23091418 (14-07-2023)Current14-07-2023 → present
-
Wim AntoonsDirectorState Gazette act 23091418 (14-07-2023)Current14-07-2023 → present
-
Mitiska NVLegal entityDirectorState Gazette act 22142746 (02-12-2022)Current02-12-2022 → present
-
Fudia BVLegal entityDirectorState Gazette act 25064887 (21-05-2025)Current16-02-2022 → present
2 events
- 21-05-2025 Appointed· Director
- 16-02-2022 Appointed· Director
-
Vuurdoorn BvLegal entityDirectorState Gazette act 21053929 (04-05-2021)Current04-05-2021 → present
-
ECKER MarcDirectorState Gazette act 23091418 (14-07-2023)Current20-03-2006 → present
8 events
- 21-05-2025 Resigned· Director
- 14-07-2023 Appointed· Director
- 04-05-2021 Resigned· Director
- 06-01-2020 Appointed· Uitvoerend bestuurder
- 26-07-2018 Resigned· Director
- 26-07-2018 Appointed· Director
- 05-08-2016 Appointed· Director
- 20-03-2006 Appointed· Director
Historic, not recently confirmed (13)
-
Arborius BVBALegal entityDirectorState Gazette act 20002180 (06-01-2020)Not recently confirmedlast confirmed in an act from 2020
-
Ardito Partners CVBALegal entityDirectorState Gazette act 20002180 (06-01-2020)Not recently confirmedlast confirmed in an act from 2020
3 events
- 06-01-2020 Appointed· Director
- 26-07-2018 Appointed· Director
- 05-08-2016 Appointed· Director
-
BeACons Comm.VLegal entityOnafhankelijk bestuurderState Gazette act 20002180 (06-01-2020)Not recently confirmedlast confirmed in an act from 2020
-
Moroxco BVBALegal entityDirectorState Gazette act 20002180 (06-01-2020)Not recently confirmedlast confirmed in an act from 2020
-
Powergraph BVBALegal entityDirectorState Gazette act 20002180 (06-01-2020)Not recently confirmedlast confirmed in an act from 2020
2 events
- 06-01-2020 Appointed· Director
- 26-07-2018 Appointed· Director
Permanent representatives (3)
-
Cedric Van QuickenborneVaste vertegenwoordigerState Gazette act 23076304 (12-06-2023)Permanent representative12-06-2023 → present
-
Wim AntoonsVertegenwoordigerState Gazette act 22021474 (16-02-2022)Permanent representative16-02-2022 → present
-
Elisa VlerickVaste vertegenwoordigerState Gazette act 23076304 (12-06-2023)Permanent representative- → 12-06-2023
Former directors (8)
-
Onalim SrlLegal entityDirectorState Gazette act 21053929 (04-05-2021)Former04-05-2021 → 21-05-2025
2 events
- 21-05-2025 Resigned· Director
- 04-05-2021 Appointed· Director
-
Cédric Van QuickenborneDirectorState Gazette act 23091418 (14-07-2023)Former14-07-2023 → 06-03-2024
2 events
- 06-03-2024 Resigned· Director
- 14-07-2023 Appointed· Director
-
Luc GeutenDirectorState Gazette act 23091418 (14-07-2023)Former14-07-2023 → 06-03-2024
2 events
- 06-03-2024 Resigned· Director
- 14-07-2023 Appointed· Director
-
Arlini NvLegal entityDirectorState Gazette act 21053929 (04-05-2021)Former04-05-2021 → 02-12-2022
2 events
- 02-12-2022 Resigned· Director
- 04-05-2021 Appointed· Director
-
Arborius BVLegal entityDirectorState Gazette act 21053929 (04-05-2021)Former- → 04-05-2021
| NACE primary | Business and other management consultancy(70200) |
| Legal form | Public limited company(014) |
| Incorporation | 30-11-2005 |
| Status | Active |
| Postal code | 2000 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3674/00F002 | Flanders | 952 m² | 1 · 769 m² | 25.5 m · 6 fl. |
We know of 19 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
21-05-2025 3 directors appointed, 3 resigning
- Vuurdoorn NV, Bestuurder
- Fudia BV, Bestuurder
- Anabatik BV, Bestuurder
- Jan Langenus, Bestuurder
- Marc Ecker, Bestuurder
- Onalim SRL, Bestuurder
Technical details
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"name_full": "Portolani"
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}06-03-2024 2 directors appointed, 2 resigning
- Julien Thys van den Audenaeren, Bestuurder
- Viricent Daelemans, Bestuurder
- Cédric Van Quickenborne, Bestuurder
- Luc Geuten, Bestuurder
Technical details
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}14-07-2023 7 directors appointed
- Paul Verdin, Onafhankelijke bestuurder
- Johan Beckers, Onafhankelijke bestuuder
- Luc Geuten, Bestuurder
- Cédric Van Quickenborne, Bestuurder
- Marc Ecker, Bestuurder
- Wim Antoons, Bestuurder
- Bernard Raevens, Bestuurder
Technical details
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}12-06-2023 1 director appointed, 1 resigning
- Cedric Van Quickenborne, Vaste vertegenwoordiger
- Elisa Vlerick, Vaste vertegenwoordiger
Technical details
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}02-12-2022 1 director appointed, 1 resigning
- Mitiska NV, Bestuurder
- Arlini NV, Bestuurder
Technical details
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}16-02-2022 2 directors appointed
- Fudia BV, Bestuurder
- Wim Antoons, Vertegenwoordiger
Technical details
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}04-05-2021 3 directors appointed, 5 resigning
- Arlini Nv, Bestuurder
- Onalim Srl, Bestuurder
- Vuurdoorn Bv, Bestuurder
- Arborius BV, Bestuurder
- Powergraph BV, Bestuurder
- Marc Ecker, Bestuurder
- Bernard Raevens, Bestuurder
- Ardito Partriers Cvba, Bestuurder
Technical details
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}06-01-2020 8 directors appointed
- Ardito Partners CVBA, Bestuurder
- Marc Ecker, Uitvoerend bestuurder
- Arborius BVBA, Bestuurder
- Moroxco BVBA, Bestuurder
- Powergraph BVBA, Bestuurder
- Bernard Raevens, Uitvoerend bestuurder
- The Concord Group BVBA, Onafhankelijk bestuurder
- BeACons Comm.V, Onafhankelijk bestuurder
Technical details
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"rrn": null,
"name": "The Concord Group BVBA",
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}
}26-07-2018 Capital increase of €395,000 to €605,000
- €210.000 → €605.000
- Inbreng in geld · Apport en numéraire
Technical details
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"subject_company": {
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}
}31-05-2018 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
{
"stage": "proposal",
"notary": {
"name": "Marc ECKER",
"firm_city": null,
"firm_name": null,
"office_city": "Antwerpen",
"is_associated": false
},
"act_meta": {
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"pub_date": "2018-05-31",
"filing_date": "2018-05-17",
"act_kind_objet": ""
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2018-05-17",
"unanimous": null
},
"conversion": null,
"detected_kind": "merger_absorption",
"report_waiver": null,
"restructuring": {
"parties": [
{
"kbo": "0877.600.669",
"name": "Portolani",
"role": "acquiring",
"address": "de Burburestraat 6-8, 2000 Antwerpen",
"is_foreign": false,
"legal_form": "NV",
"is_new_company": false,
"jurisdiction_country": "BE"
}
],
"exchange_ratio": null,
"legal_articles": [
"12:7",
"12:50",
"12:75",
"12:103",
"693 WVV"
],
"is_cross_border": true,
"is_silent_merger": false,
"balance_basis_date": "2018-05-17",
"exchange_ratio_text": "1.000 nieuwe aandelen in de overnemende vennootschap worden toegekend aan de aandeelhouders van de over te nemen vennootschap in verhouding tot het aantal aandelen dat zij bezitten",
"new_shares_issued_n": 1000,
"_silent_flag_cleared": true,
"real_estate_included": false,
"patrimony_description": "Het gehele patrimony van de over te nemen vennootschap (Luxemburgse NV) wordt overgenomen door de overnemende vennootschap (Belgische NV). De overdracht gebeurt op boekwaarde, met behoud van continu\u00EFteit. De activa en passiva worden overgedragen aan boekwaarde.",
"equity_transferred_eur": null,
"accounting_effective_date": "2018-05-17"
},
"subject_company": {
"kbo": "0877.600.669",
"name_full": "Portolani",
"legal_form": "NV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": "0877.600.669",
"org_name": "Portolani",
"person_name": null,
"org_rep_person_name": "Marc Ecker"
},
"summary_narrative": "Op 17 mei 2018 legde de rechtbank van koophandel van Antwerpen het fusievoorstel neer voor een grensoverschrijdende fusie door overneming tussen Portolani NV (Belgi\u00EB) als overnemende vennootschap en Portolani SA (Luxemburg) als overgenomen vennootschap. De fusie is voorzien in een vereenvoudigde vorm (silent merger), waarbij de overnemende vennootschap al alle aandelen van de over te nemen vennootschap bezit. Er wordt geen geldelijke opleg gedaan, en de aandeelhouders van de over te nemen vennootschap ontvangen een gelijk aantal nieuwe aandelen in de overnemende vennootschap. De fusie is onder",
"co_filed_documents": [
"het fusievoorstel"
],
"detected_real_type": "fusion_proposal",
"referenced_correction": null,
"should_reroute_to_category": null
}05-08-2016 3 directors appointed
- Marc Ecker, Bestuurder
- Jan Langenus, Bestuurder
- Ardito Partners CVBA, Bestuurder
Technical details
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}20-03-2006 4 directors appointed, 1 resigning
- Marc Ecker, Bestuurder
- Jan Langenus, Bestuurder
- Bovan Invest & Beheer, Bestuurder
- ULYXES, Bestuurder
- Nadine Vanovenberghe, Bestuurder
Technical details
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}| Legal nameNL | Portolani |