FORT SOLUTIONS: 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 SOLUTIONS
Largest movements
- Receivables within one year +€23,552
up €23,552 (+311%), from €7,577 to €31,130
of which Trade receivables: +€23,559
- Cash -€9,202
down €9,202 (-12.5%), from €73,784 to €64,582
mainly Receivables within one year (-€23,552) and Contributions, distributions and other (-€17,450)
- Tangible fixed assets -€3,705
down €3,705 (-3.2%), from €117,154 to €113,449
of which Land and buildings: -€4,073
- Trade debts +€18,267
up €18,267 (+966%), from €1,890 to €20,157
- Debts after one year -€12,125
down €12,125 (-21.6%), from €56,183 to €44,058
- Reserves +€8,313
up €8,313 (+13.9%), from €59,730 to €68,043
- Gross operating margin -€25,443
down €25,443 (-36.2%), from €70,381 to €44,937
- Taxes -€3,801
down €3,801 (-26.6%), from €14,307 to €10,507
- Depreciation -€2,885
down €2,885 (-37.1%), from €7,772 to €4,886
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 | €200,538 | €212,202 | +€11,664 | +5.8% |
| Fixed assets | 21/28 | €117,154 | €113,449 | -€3,705 | -3.2% |
| Tangible fixed assets | 22/27 | €117,154 | €113,449 | -€3,705 | -3.2% |
| Land and buildings | 22 | €113,778 | €109,705 | -€4,073 | -3.6% |
| Plant, machinery and equipment | 23 | €1,459 | €1,096 | -€362 | -24.8% |
| Furniture and vehicles | 24 | €1,918 | €2,648 | +€730 | +38.1% |
| Current assets | 29/58 | €83,384 | €98,753 | +€15,369 | +18.4% |
| Stocks and contracts in progress | 3 | €958 | €1,644 | +€686 | +71.6% |
| Stocks | 30/36 | €958 | €1,644 | +€686 | +71.6% |
| Amounts receivable within one year | 40/41 | €7,577 | €31,130 | +€23,552 | +311% |
| Trade receivables | 40 | €3,993 | €27,552 | +€23,559 | +590% |
| Other amounts receivable | 41 | €3,584 | €3,578 | -€7 | -0.2% |
| Cash at bank and in hand | 54/58 | €73,784 | €64,582 | -€9,202 | -12.5% |
| Deferred charges and accrued income | 490/1 | €1,064 | €1,398 | +€334 | +31.4% |
| Total equity and liabilities | 10/49 | €200,538 | €212,202 | +€11,664 | +5.8% |
| Equity | 10/15 | €99,573 | €107,053 | +€7,480 | +7.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €59,730 | €68,043 | +€8,313 | +13.9% |
| Distributable reserves | 133 | €59,730 | €68,043 | +€8,313 | +13.9% |
| Profit (loss) carried forward | 14 | €33,643 | €32,810 | -€833 | -2.5% |
| Amounts payable | 17/49 | €100,965 | €105,149 | +€4,184 | +4.1% |
| Amounts payable after more than one year | 17 | €56,183 | €44,058 | -€12,125 | -21.6% |
| Financial debts | 170/4 | €56,183 | €44,058 | -€12,125 | -21.6% |
| Amounts payable within one year | 42/48 | €44,134 | €60,933 | +€16,799 | +38.1% |
| Current portion of amounts payable after more than one year | 42 | €12,051 | €12,125 | +€74 | +0.6% |
| Trade debts | 44 | €1,890 | €20,157 | +€18,267 | +966% |
| Suppliers | 440/4 | €1,890 | €20,157 | +€18,267 | +966% |
| Taxes, remuneration and social security | 45 | €10,373 | €8,915 | -€1,458 | -14.1% |
| Taxes | 450/3 | €8,073 | €6,615 | -€1,458 | -18.1% |
| Remuneration and social security | 454/9 | €2,300 | €2,300 | = | 0.0% |
| Other amounts payable | 47/48 | €19,819 | €19,736 | -€83 | -0.4% |
| Accrued charges and deferred income | 492/3 | €648 | €158 | -€490 | -75.6% |
| Non-recurring operating income | 76A | - | €18,130 | +€18,130 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,772 | €4,886 | -€2,885 | -37.1% |
| Other operating charges | 640/8 | €2,051 | €1,469 | -€582 | -28.4% |
| Gross operating margin | 9900 | €70,381 | €44,937 | -€25,443 | -36.2% |
| Operating profit (loss) | 9901 | €60,558 | €38,582 | -€21,976 | -36.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,137 | €3,145 | +€8 | +0.3% |
| Recurring financial charges | 65 | €3,137 | €3,145 | +€8 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €57,421 | €35,437 | -€21,984 | -38.3% |
| Income taxes | 67/77 | €14,307 | €10,507 | -€3,801 | -26.6% |
| Profit (loss) for the period | 9904 | €43,113 | €24,930 | -€18,183 | -42.2% |
| Profit (loss) for the period to be appropriated | 9905 | €43,113 | €24,930 | -€18,183 | -42.2% |
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 26 October 2026 via checked.be.