Fort et Clair: what changed
Two financial 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.
Fort et Clair
Largest movements
- Cash +€10,691
up €10,691 (+270%), from €3,961 to €14,652
mainly Deferred charges and accrued income (+€7,572) and Receivables within one year (+€4,356)
- Deferred charges and accrued income -€7,572
down €7,572 (-81.2%), from €9,330 to €1,759
- Receivables within one year -€4,356
down €4,356 (-19.0%), from €22,935 to €18,579
of which Trade receivables: -€3,888
- Tangible fixed assets -€3,384
down €3,384 (-25.8%), from €13,103 to €9,719
of which Plant, machinery and equipment: -€2,504
- Trade debts -€4,508
down €4,508 (-75.4%), from €5,978 to €1,470
- Tax, wage and social debts -€1,371
down €1,371 (-21.5%), from €6,369 to €4,998
- Profit (loss) carried forward +€1,371
up €1,371 (+8.9%), from €15,439 to €16,810
- Depreciation +€1,709
up €1,709 (+102%), from €1,674 to €3,384
- Gross operating margin -€1,117
down €1,117 (-13.5%), from €8,257 to €7,141
- Taxes +€726
up €726 (+564%), from €129 to €855
- Other operating charges -€378
down €378 (-43.1%), from €879 to €500
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.
Derived cash bridge
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 | €49,330 | €44,709 | -€4,621 | -9.4% |
| Fixed assets | 21/28 | €13,103 | €9,719 | -€3,384 | -25.8% |
| Tangible fixed assets | 22/27 | €13,103 | €9,719 | -€3,384 | -25.8% |
| Plant, machinery and equipment | 23 | €11,726 | €9,222 | -€2,504 | -21.4% |
| Furniture and vehicles | 24 | €1,377 | €498 | -€880 | -63.9% |
| Current assets | 29/58 | €36,227 | €34,989 | -€1,238 | -3.4% |
| Amounts receivable within one year | 40/41 | €22,935 | €18,579 | -€4,356 | -19.0% |
| Trade receivables | 40 | €22,467 | €18,579 | -€3,888 | -17.3% |
| Other amounts receivable | 41 | €468 | - | -€468 | |
| Cash at bank and in hand | 54/58 | €3,961 | €14,652 | +€10,691 | +270% |
| Deferred charges and accrued income | 490/1 | €9,330 | €1,759 | -€7,572 | -81.2% |
| Total equity and liabilities | 10/49 | €49,330 | €44,709 | -€4,621 | -9.4% |
| Equity | 10/15 | €35,439 | €36,810 | +€1,371 | +3.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,439 | €16,810 | +€1,371 | +8.9% |
| Amounts payable | 17/49 | €13,891 | €7,899 | -€5,992 | -43.1% |
| Amounts payable within one year | 42/48 | €13,242 | €7,202 | -€6,040 | -45.6% |
| Financial debts | 43 | €36 | - | -€36 | |
| Credit institutions | 430/8 | €36 | - | -€36 | |
| Trade debts | 44 | €5,978 | €1,470 | -€4,508 | -75.4% |
| Suppliers | 440/4 | €5,978 | €1,470 | -€4,508 | -75.4% |
| Taxes, remuneration and social security | 45 | €6,369 | €4,998 | -€1,371 | -21.5% |
| Taxes | 450/3 | €6,369 | €4,998 | -€1,371 | -21.5% |
| Other amounts payable | 47/48 | €859 | €734 | -€125 | -14.6% |
| Accrued charges and deferred income | 492/3 | €650 | €697 | +€48 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,674 | €3,384 | +€1,709 | +102% |
| Other operating charges | 640/8 | €879 | €500 | -€378 | -43.1% |
| Gross operating margin | 9900 | €8,257 | €7,141 | -€1,117 | -13.5% |
| Operating profit (loss) | 9901 | €5,704 | €3,257 | -€2,448 | -42.9% |
| Financial income | 75/76B | €123 | €97 | -€26 | -21.4% |
| Recurring financial income | 75 | €123 | €97 | -€26 | -21.4% |
| Financial charges | 65/66B | €1,118 | €1,127 | +€9 | +0.8% |
| Recurring financial charges | 65 | €1,118 | €1,127 | +€9 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €4,710 | €2,226 | -€2,484 | -52.7% |
| Income taxes | 67/77 | €129 | €855 | +€726 | +564% |
| Profit (loss) for the period | 9904 | €4,581 | €1,371 | -€3,210 | -70.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,581 | €1,371 | -€3,210 | -70.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.