FORTEBEL: 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.
FORTEBEL
Largest movements
- Cash -€3,074
down €3,074 (-50.6%), from €6,074 to €2,999
mainly Net result for the year (-€3,074)
- Profit (loss) carried forward -€3,074
down €3,074 (-8.9%), from -€34,485 to -€37,559
- Gross operating margin -€617
down €617 (-31.3%), from -€1,969 to -€2,586
From the 2013 result to the 2014 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.
Cash bridge derived
Derived from the 2013 and 2014 balance sheets and the 2014 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2013 | 2014 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,730 | €24,655 | -€3,074 | -11.1% |
| Fixed assets | 21/28 | €21,600 | €21,600 | = | 0.0% |
| Financial fixed assets | 28 | €21,600 | €21,600 | = | 0.0% |
| Current assets | 29/58 | €6,130 | €3,055 | -€3,074 | -50.2% |
| Amounts receivable within one year | 40/41 | €56 | €56 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,074 | €2,999 | -€3,074 | -50.6% |
| Total equity and liabilities | 10/49 | €27,730 | €24,655 | -€3,074 | -11.1% |
| Equity | 10/15 | €27,515 | €24,441 | -€3,074 | -11.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,485 | -€37,559 | -€3,074 | -8.9% |
| Amounts payable | 17/49 | €214 | €214 | = | 0.0% |
| Amounts payable within one year | 42/48 | €214 | €214 | = | 0.0% |
| Trade debts | 44 | €214 | €214 | = | 0.0% |
| Gross operating margin | 9900 | -€1,969 | -€2,586 | -€617 | -31.3% |
| Operating profit (loss) | 9901 | -€2,405 | -€3,022 | -€617 | -25.7% |
| Recurring financial income | 75 | €5 | €1 | -€4 | -72.7% |
| Recurring financial charges | 65 | €53 | €53 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,453 | -€3,074 | -€621 | -25.3% |
| Income taxes | 67/77 | €1 | €0 | -€1 | -72.8% |
| Profit (loss) for the period | 9904 | -€2,454 | -€3,074 | -€620 | -25.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,454 | -€3,074 | -€620 | -25.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2013 and 31 December 2014. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.