FORT.: what changed
FORT.
Largest movements
- Cash +€70,394
up €70,394 (+53.3%), from €132,148 to €202,541
mainly Net result for the year (+€119,269) and Other debts (+€118,412)
- Tangible fixed assets +€48,826
up €48,826 (+107%), from €45,432 to €94,258
of which Furniture and vehicles: +€48,688
- Receivables within one year -€41,576
down €41,576 (-30.0%), from €138,603 to €97,027
of which Trade receivables: -€48,576
- Other debts +€118,412
up €118,412 (+78.9%), from €150,041 to €268,453
- Reserves -€70,731
down €70,731 (-46.7%), from €151,481 to €80,750
- Accrued charges and deferred income +€22,687
up €22,687 (+3,072%), from €739 to €23,425
- Tax, wage and social debts +€10,316
up €10,316 (+94.7%), from €10,899 to €21,215
- Depreciation +€2,809
up €2,809 (+13.6%), from €20,650 to €23,459
- Financial charges +€2,559
up €2,559 (+265%), from €965 to €3,524
- Taxes -€2,488
down €2,488 (-6.7%), from €37,000 to €34,512
Change in the result, 2025 to 2026
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 2025 and 2026 balance sheets and the 2026 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 | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €317,614 | €395,533 | +€77,919 | +24.5% |
| Fixed assets | 21/28 | €45,432 | €94,258 | +€48,826 | +107% |
| Tangible fixed assets | 22/27 | €45,432 | €94,258 | +€48,826 | +107% |
| Plant, machinery and equipment | 23 | €927 | €2,063 | +€1,135 | +122% |
| Furniture and vehicles | 24 | €42,549 | €91,237 | +€48,688 | +114% |
| Other tangible fixed assets | 26 | €1,956 | €959 | -€997 | -51.0% |
| Current assets | 29/58 | €272,182 | €301,275 | +€29,093 | +10.7% |
| Amounts receivable within one year | 40/41 | €138,603 | €97,027 | -€41,576 | -30.0% |
| Trade receivables | 40 | €130,603 | €82,027 | -€48,576 | -37.2% |
| Other amounts receivable | 41 | €8,000 | €15,000 | +€7,000 | +87.5% |
| Cash at bank and in hand | 54/58 | €132,148 | €202,541 | +€70,394 | +53.3% |
| Deferred charges and accrued income | 490/1 | €1,431 | €1,707 | +€276 | +19.3% |
| Total equity and liabilities | 10/49 | €317,614 | €395,533 | +€77,919 | +24.5% |
| Equity | 10/15 | €151,581 | €80,850 | -€70,731 | -46.7% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €151,481 | €80,750 | -€70,731 | -46.7% |
| Distributable reserves | 133 | €151,481 | €80,750 | -€70,731 | -46.7% |
| Amounts payable | 17/49 | €166,034 | €314,683 | +€148,650 | +89.5% |
| Amounts payable within one year | 42/48 | €165,295 | €291,258 | +€125,963 | +76.2% |
| Trade debts | 44 | €4,355 | €1,590 | -€2,765 | -63.5% |
| Suppliers | 440/4 | €4,355 | €1,590 | -€2,765 | -63.5% |
| Taxes, remuneration and social security | 45 | €10,899 | €21,215 | +€10,316 | +94.7% |
| Taxes | 450/3 | €10,899 | €21,215 | +€10,316 | +94.7% |
| Other amounts payable | 47/48 | €150,041 | €268,453 | +€118,412 | +78.9% |
| Accrued charges and deferred income | 492/3 | €739 | €23,425 | +€22,687 | +3,072% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,650 | €23,459 | +€2,809 | +13.6% |
| Other operating charges | 640/8 | €1,452 | €1,290 | -€162 | -11.1% |
| Gross operating margin | 9900 | €182,211 | €182,054 | -€157 | -0.1% |
| Operating profit (loss) | 9901 | €160,110 | €157,305 | -€2,805 | -1.8% |
| Financial income | 75/76B | €1,050 | - | -€1,050 | |
| Recurring financial income | 75 | €1,050 | - | -€1,050 | |
| Financial charges | 65/66B | €965 | €3,524 | +€2,559 | +265% |
| Recurring financial charges | 65 | €965 | €3,524 | +€2,559 | +265% |
| Profit (loss) for the period before taxes | 9903 | €160,194 | €153,781 | -€6,413 | -4.0% |
| Income taxes | 67/77 | €37,000 | €34,512 | -€2,488 | -6.7% |
| Profit (loss) for the period | 9904 | €123,194 | €119,269 | -€3,925 | -3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €123,194 | €119,269 | -€3,925 | -3.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.