Forti-7: 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.
Forti-7
Largest movements
- Tangible fixed assets -€107,070
down €107,070 (-5.0%), from €2.1m to €2.0m
of which Land and buildings: -€104,000
- Cash -€24,917
down €24,917 (-14.3%), from €173,873 to €148,957
mainly Net result for the year (-€72,812) and Accrued charges and deferred income (-€46,425)
- Profit (loss) carried forward -€72,812
down €72,812 (-15.8%), from -€461,144 to -€533,956
- Accrued charges and deferred income -€46,425
down €46,425 (-89.0%), from €52,175 to €5,750
- Gross operating margin -€28,880
down €28,880 (-31.4%), from €91,902 to €63,022
- Financial charges -€28,753
down €28,753 (-82.5%), from €34,862 to €6,109
- Other operating charges +€1,742
up €1,742 (+8.3%), from €20,915 to €22,656
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 | €2,299,385 | €2,171,827 | -€127,558 | -5.5% |
| Fixed assets | 21/28 | €2,122,973 | €2,016,028 | -€106,945 | -5.0% |
| Tangible fixed assets | 22/27 | €2,122,973 | €2,015,903 | -€107,070 | -5.0% |
| Land and buildings | 22 | €2,102,367 | €1,998,367 | -€104,000 | -4.9% |
| Plant, machinery and equipment | 23 | €20,399 | €17,536 | -€2,864 | -14.0% |
| Furniture and vehicles | 24 | €206 | - | -€206 | |
| Financial fixed assets | 28 | - | €125 | +€125 | |
| Current assets | 29/58 | €176,412 | €155,799 | -€20,613 | -11.7% |
| Amounts receivable within one year | 40/41 | - | €4,208 | +€4,208 | |
| Trade receivables | 40 | - | €4,208 | +€4,208 | |
| Cash at bank and in hand | 54/58 | €173,873 | €148,957 | -€24,917 | -14.3% |
| Deferred charges and accrued income | 490/1 | €2,539 | €2,634 | +€95 | +3.7% |
| Total equity and liabilities | 10/49 | €2,299,385 | €2,171,827 | -€127,558 | -5.5% |
| Equity | 10/15 | €1,088,856 | €1,016,044 | -€72,812 | -6.7% |
| Contributions | 10/11 | €1,550,000 | €1,550,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€461,144 | -€533,956 | -€72,812 | -15.8% |
| Amounts payable | 17/49 | €1,210,529 | €1,155,783 | -€54,746 | -4.5% |
| Amounts payable after more than one year | 17 | €1,150,000 | €1,150,000 | = | 0.0% |
| Other amounts payable | 178/9 | €1,150,000 | €1,150,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €8,354 | €33 | -€8,321 | -99.6% |
| Trade debts | 44 | €8,247 | €27 | -€8,221 | -99.7% |
| Suppliers | 440/4 | €8,247 | €27 | -€8,221 | -99.7% |
| Other amounts payable | 47/48 | €106 | €6 | -€100 | -94.1% |
| Accrued charges and deferred income | 492/3 | €52,175 | €5,750 | -€46,425 | -89.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,290 | €107,070 | -€220 | -0.2% |
| Other operating charges | 640/8 | €20,915 | €22,656 | +€1,742 | +8.3% |
| Gross operating margin | 9900 | €91,902 | €63,022 | -€28,880 | -31.4% |
| Operating profit (loss) | 9901 | -€36,302 | -€66,703 | -€30,402 | -83.7% |
| Financial charges | 65/66B | €34,862 | €6,109 | -€28,753 | -82.5% |
| Recurring financial charges | 65 | €34,862 | €6,109 | -€28,753 | -82.5% |
| Profit (loss) for the period before taxes | 9903 | -€71,164 | -€72,812 | -€1,648 | -2.3% |
| Profit (loss) for the period | 9904 | -€71,164 | -€72,812 | -€1,648 | -2.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€71,164 | -€72,812 | -€1,648 | -2.3% |
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 23 October 2026 via checked.be.