FORTIVA: 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.
FORTIVA
Largest movements
- Cash +€71,627
up €71,627 (+4,252%), from €1,685 to €73,312
mainly Net result for the year (+€144,675) and Depreciation (+€70,606)
- Tangible fixed assets -€70,606
down €70,606 (-2.5%), from €2.9m to €2.8m
- Profit (loss) carried forward +€144,675
up €144,675, from -€57,695 to €86,980
- Debts after one year -€140,400
down €140,400 (-6.8%), from €2.1m to €1.9m
of which Other amounts payable: -€99,400
- Gross operating margin +€296,472
up €296,472, from -€66,802 to €229,670
- Other operating charges +€11,866
new in 2025: €11,866
- Taxes +€4,791
up €4,791, from -€2,540 to €2,250
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 | €2,867,442 | €2,868,463 | +€1,021 | 0.0% |
| Fixed assets | 21/28 | €2,865,758 | €2,795,152 | -€70,606 | -2.5% |
| Tangible fixed assets | 22/27 | €2,865,758 | €2,795,152 | -€70,606 | -2.5% |
| Land and buildings | 22 | €2,865,758 | €2,795,152 | -€70,606 | -2.5% |
| Current assets | 29/58 | €1,685 | €73,312 | +€71,627 | +4,252% |
| Cash at bank and in hand | 54/58 | €1,685 | €73,312 | +€71,627 | +4,252% |
| Total equity and liabilities | 10/49 | €2,867,442 | €2,868,463 | +€1,021 | 0.0% |
| Equity | 10/15 | €642,305 | €786,980 | +€144,675 | +22.5% |
| Contributions | 10/11 | €700,000 | €700,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,695 | €86,980 | +€144,675 | |
| Amounts payable | 17/49 | €2,225,137 | €2,081,483 | -€143,654 | -6.5% |
| Amounts payable after more than one year | 17 | €2,070,095 | €1,929,695 | -€140,400 | -6.8% |
| Financial debts | 170/4 | €744,833 | €703,833 | -€41,000 | -5.5% |
| Other amounts payable | 178/9 | €1,325,262 | €1,225,862 | -€99,400 | -7.5% |
| Amounts payable within one year | 42/48 | €155,042 | €151,788 | -€3,254 | -2.1% |
| Trade debts | 44 | €10,701 | €1,197 | -€9,504 | -88.8% |
| Suppliers | 440/4 | €10,701 | €1,197 | -€9,504 | -88.8% |
| Taxes, remuneration and social security | 45 | - | €2,250 | +€2,250 | |
| Taxes | 450/3 | - | €2,250 | +€2,250 | |
| Other amounts payable | 47/48 | €144,340 | €148,340 | +€4,000 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,606 | €70,606 | = | 0.0% |
| Other operating charges | 640/8 | - | €11,866 | +€11,866 | |
| Gross operating margin | 9900 | -€66,802 | €229,670 | +€296,472 | |
| Operating profit (loss) | 9901 | -€137,409 | €147,197 | +€284,606 | |
| Financial charges | 65/66B | €137 | €272 | +€135 | +98.7% |
| Recurring financial charges | 65 | €137 | €272 | +€135 | +98.7% |
| Profit (loss) for the period before taxes | 9903 | -€137,545 | €146,925 | +€284,471 | |
| Income taxes | 67/77 | -€2,540 | €2,250 | +€4,791 | |
| Profit (loss) for the period | 9904 | -€135,005 | €144,675 | +€279,680 | |
| Profit (loss) for the period to be appropriated | 9905 | -€135,005 | €144,675 | +€279,680 |
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 15 October 2026 via checked.be.