Fortlane Development (1013.732.449): financials and annual accounts

Fortlane Development

Ghent ·KBO/BCE: BE 1013.732.449

Line	Trend	2025
Balance sheet: assets
Total assets`20/58`		158,528
Fixed assets`21/28`		25,973
Tangible fixed assets`22/27`		25,973
Furniture and vehicles`24`		25,973
Current assets`29/58`		132,555
Stocks and contracts in progress`3`		111,155
Stocks`30/36`		111,155
Amounts receivable within one year`40/41`		15,796
Other amounts receivable`41`		15,796
Cash at bank and in hand`54/58`		4,061
Deferred charges and accrued income`490/1`		1,543
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`		158,528
Equity`10/15`		-37,546
Contributions`10/11`		10,000
Profit (loss) carried forward`14`		-47,546
Amounts payable`17/49`		196,073
Amounts payable after more than one year`17`		17,694
Financial debts`170/4`		17,694
Amounts payable within one year`42/48`		178,379
Current portion of amounts payable after more than one year`42`		6,036
Trade debts`44`		38,035
Suppliers`440/4`		38,035
Taxes, remuneration and social security`45`		2,039
Taxes`450/3`		44
Remuneration and social security`454/9`		1,995
Other amounts payable`47/48`		132,270
Income statement
Gross operating margin`9900`		-28,002
Remuneration, social security and pensions`62`		15,973
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`		1,881
Other operating charges`640/8`		897
Operating profit (loss)`9901`		-46,753
Financial charges`65/66B`		748
Recurring financial charges`65`		748
Profit (loss) for the period before taxes`9903`		-47,501
Income taxes`67/77`		44
Profit (loss) for the period`9904`		-47,546
Profit (loss) for the period to be appropriated`9905`		-47,546
Appropriation of the result
Profit (loss) to be appropriated`9906`		-47,546
Social balance sheet
Average staff (FTE)`9087`		0.3
Hours worked`1013`		404
Document		PDF

Line	Trend	2025
EBITDA		-44,873
Cash flow		-45,665
Investment in fixed assets		27,853
Working capital		-45,825
Solvency		-23.7%
Current ratio		0.74
Quick ratio		0.12
ROA		-30.0%
Interest coverage		-59.97

Item	31-12-2025
Employees at the balance-sheet date	1
full-time	0
part-time	1
in full-time equivalents	0.8
Average over the year, in full-time equivalents	0.3
On a permanent contract	1
Joined	1
Left	0

Item	2025
Tangible fixed assets	€27,853
Depreciation and write-downs of the year	€1,881

Fortlane Development

Annual accounts 2025

Balance sheet

Position in the sector

Solvency-23.7%

Current ratio0.74

Return on assets-30.0%

Staff

Staff cost per FTE€53,244

Joined and left+1

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2025, 1 entry, €3,000 awarded

Key figures and ratios

Social balance sheet

Investments

Insights on Fortlane Development

Next steps