FORTIUM: 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.
FORTIUM
Largest movements
- Stocks and contracts +€977,089
up €977,089 (+146.6%), from €666,290 to €1.6m
- Receivables within one year -€124,675
down €124,675 (-46.1%), from €270,204 to €145,529
of which Trade receivables: -€155,870
- Short-term financial debts +€636,237
up €636,237 (+192.1%), from €331,237 to €967,473
- Other debts +€350,114
up €350,114 (+89.8%), from €389,775 to €739,890
- Trade debts -€125,203
down €125,203 (-60.9%), from €205,495 to €80,293
- Financial charges +€30,557
up €30,557 (+199.1%), from €15,347 to €45,904
- Gross operating margin +€17,500
up €17,500 (+68.9%), from €25,402 to €42,903
- Taxes -€2,488
down €2,488 (-92.8%), from €2,680 to €192
- Other operating charges +€1,558
up €1,558 (+100.6%), from €1,549 to €3,107
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €937,086 | €1,789,964 | +€852,878 | +91.0% |
| Current assets | 29/58 | €937,086 | €1,789,964 | +€852,878 | +91.0% |
| Stocks and contracts in progress | 3 | €666,290 | €1,643,379 | +€977,089 | +146.6% |
| Stocks | 30/36 | €666,290 | €1,643,379 | +€977,089 | +146.6% |
| Amounts receivable within one year | 40/41 | €270,204 | €145,529 | -€124,675 | -46.1% |
| Trade receivables | 40 | €241,255 | €85,385 | -€155,870 | -64.6% |
| Other amounts receivable | 41 | €28,949 | €60,144 | +€31,195 | +107.8% |
| Cash at bank and in hand | 54/58 | €295 | €673 | +€377 | +127.7% |
| Deferred charges and accrued income | 490/1 | €296 | €384 | +€88 | +29.6% |
| Total equity and liabilities | 10/49 | €937,086 | €1,789,964 | +€852,878 | +91.0% |
| Equity | 10/15 | €5,467 | -€833 | -€6,300 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,467 | -€2,833 | -€6,300 | |
| Amounts payable | 17/49 | €931,619 | €1,790,797 | +€859,178 | +92.2% |
| Amounts payable within one year | 42/48 | €931,078 | €1,790,797 | +€859,719 | +92.3% |
| Financial debts | 43 | €331,237 | €967,473 | +€636,237 | +192.1% |
| Credit institutions | 430/8 | €331,237 | €967,473 | +€636,237 | +192.1% |
| Trade debts | 44 | €205,495 | €80,293 | -€125,203 | -60.9% |
| Suppliers | 440/4 | €205,495 | €80,293 | -€125,203 | -60.9% |
| Taxes, remuneration and social security | 45 | €4,571 | €3,141 | -€1,429 | -31.3% |
| Taxes | 450/3 | €4,571 | €3,141 | -€1,429 | -31.3% |
| Other amounts payable | 47/48 | €389,775 | €739,890 | +€350,114 | +89.8% |
| Accrued charges and deferred income | 492/3 | €541 | - | -€541 | |
| Other operating charges | 640/8 | €1,549 | €3,107 | +€1,558 | +100.6% |
| Gross operating margin | 9900 | €25,402 | €42,903 | +€17,500 | +68.9% |
| Operating profit (loss) | 9901 | €23,854 | €39,796 | +€15,942 | +66.8% |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €15,347 | €45,904 | +€30,557 | +199.1% |
| Recurring financial charges | 65 | €15,347 | €45,904 | +€30,557 | +199.1% |
| Profit (loss) for the period before taxes | 9903 | €8,515 | -€6,108 | -€14,623 | |
| Income taxes | 67/77 | €2,680 | €192 | -€2,488 | -92.8% |
| Profit (loss) for the period | 9904 | €5,835 | -€6,300 | -€12,134 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,835 | -€6,300 | -€12,134 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.