FORTIMMO: what changed
Two fiscal 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.
FORTIMMO
Largest movements
- Cash +€86,981
up €86,981 (+483227.8%), from €18 to €86,999
mainly Other debts (+€50,297) and Depreciation (+€25,836)
- Tangible fixed assets -€23,381
down €23,381 (-8.1%), from €289,101 to €265,720
of which Plant, machinery and equipment: -€13,945
- Receivables within one year -€15,843
down €15,843 (-68.2%), from €23,245 to €7,402
of which Other amounts receivable: -€16,244
- Receivables after one year +€6,963
up €6,963 (+5.6%), from €125,000 to €131,963
- Other debts +€50,297
new in 2025: €50,297
- Reserves +€20,000
up €20,000 (+7.0%), from €287,469 to €307,469
of which Distributable reserves: +€20,000
- Tax, wage and social debts -€13,862
down €13,862 (-41.6%), from €33,322 to €19,460
- Debts after one year -€11,789
down €11,789 (-28.0%), from €42,141 to €30,352
- Trade debts +€7,444
up €7,444 (+48.4%), from €15,378 to €22,822
of which Suppliers: +€13,745
- Purchases and services -€68,865
no longer reported in 2025 (was €68,865)
- Gross operating margin +€9,751
up €9,751 (+19.4%), from €50,226 to €59,977
- Depreciation +€6,773
up €6,773 (+35.5%), from €19,063 to €25,836
- Financial income +€2,280
up €2,280 (+37.6%), from €6,064 to €8,344
- Taxes +€2,050
up €2,050 (+23.5%), from €8,705 to €10,755
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.
Cash bridge derived
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 | €437,808 | €492,547 | +€54,739 | +12.5% |
| Fixed assets | 21/28 | €289,101 | €265,720 | -€23,381 | -8.1% |
| Tangible fixed assets | 22/27 | €289,101 | €265,720 | -€23,381 | -8.1% |
| Land and buildings | 22 | €195,128 | €184,212 | -€10,916 | -5.6% |
| Plant, machinery and equipment | 23 | €93,973 | €80,028 | -€13,945 | -14.8% |
| Other tangible fixed assets | 26 | - | €1,480 | +€1,480 | |
| Current assets | 29/58 | €148,707 | €226,827 | +€78,120 | +52.5% |
| Amounts receivable after more than one year | 29 | €125,000 | €131,963 | +€6,963 | +5.6% |
| Other amounts receivable | 291 | €125,000 | €131,963 | +€6,963 | +5.6% |
| Amounts receivable within one year | 40/41 | €23,245 | €7,402 | -€15,843 | -68.2% |
| Trade receivables | 40 | €7,001 | €7,402 | +€401 | +5.7% |
| Other amounts receivable | 41 | €16,244 | - | -€16,244 | |
| Cash at bank and in hand | 54/58 | €18 | €86,999 | +€86,981 | +483227.8% |
| Deferred charges and accrued income | 490/1 | €444 | €463 | +€19 | +4.3% |
| Total equity and liabilities | 10/49 | €437,808 | €492,547 | +€54,739 | +12.5% |
| Equity | 10/15 | €333,577 | €355,084 | +€21,507 | +6.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €287,469 | €307,469 | +€20,000 | +7.0% |
| Tax-exempt reserves | 132 | €7,469 | €7,469 | = | 0.0% |
| Distributable reserves | 133 | €280,000 | €300,000 | +€20,000 | +7.1% |
| Profit (loss) carried forward | 14 | €27,516 | €29,023 | +€1,507 | +5.5% |
| Amounts payable | 17/49 | €104,231 | €137,463 | +€33,232 | +31.9% |
| Amounts payable after more than one year | 17 | €42,141 | €30,352 | -€11,789 | -28.0% |
| Financial debts | 170/4 | €42,141 | €30,352 | -€11,789 | -28.0% |
| Amounts payable within one year | 42/48 | €60,061 | €104,368 | +€44,307 | +73.8% |
| Current portion of amounts payable after more than one year | 42 | €11,361 | €11,789 | +€428 | +3.8% |
| Trade debts | 44 | €15,378 | €22,822 | +€7,444 | +48.4% |
| Suppliers | 440/4 | €9,077 | €22,822 | +€13,745 | +151.4% |
| Bills of exchange payable | 441 | €6,301 | - | -€6,301 | |
| Taxes, remuneration and social security | 45 | €33,322 | €19,460 | -€13,862 | -41.6% |
| Taxes | 450/3 | €33,322 | €19,460 | -€13,862 | -41.6% |
| Other amounts payable | 47/48 | - | €50,297 | +€50,297 | |
| Accrued charges and deferred income | 492/3 | €2,029 | €2,743 | +€714 | +35.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €68,865 | - | -€68,865 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,063 | €25,836 | +€6,773 | +35.5% |
| Other operating charges | 640/8 | €6,412 | €7,706 | +€1,294 | +20.2% |
| Gross operating margin | 9900 | €50,226 | €59,977 | +€9,751 | +19.4% |
| Operating profit (loss) | 9901 | €24,751 | €26,435 | +€1,684 | +6.8% |
| Financial income | 75/76B | €6,064 | €8,344 | +€2,280 | +37.6% |
| Recurring financial income | 75 | €6,064 | €8,344 | +€2,280 | +37.6% |
| Financial charges | 65/66B | €1,714 | €2,516 | +€802 | +46.8% |
| Recurring financial charges | 65 | €1,714 | €2,516 | +€802 | +46.8% |
| Profit (loss) for the period before taxes | 9903 | €29,101 | €32,263 | +€3,162 | +10.9% |
| Income taxes | 67/77 | €8,705 | €10,755 | +€2,050 | +23.5% |
| Profit (loss) for the period | 9904 | €20,396 | €21,508 | +€1,112 | +5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,396 | €21,508 | +€1,112 | +5.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.