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FORTUNA CONSTRUCT: 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.

What changed

FORTUNA CONSTRUCT

BE 0786.828.069
NACE 41.001, General construction of residential buildings
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€17,472
2024 · €8,929+€8,544
Equity
€61,940
2024 · €44,468+€17,472
Cash
€311
2024 · €17,553-€17,242
Balance sheet total
€101,954
2024 · €100,429+€1,524

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€22,204

    up €22,204 (+30.0%), from €74,017 to €96,222

    of which Other amounts receivable: +€18,571

  • Cash -€17,242

    down €17,242 (-98.2%), from €17,553 to €311

    mainly Receivables within one year (-€22,204) and Trade debts (-€18,409)

  • Tangible fixed assets -€3,438

    down €3,438 (-38.8%), from €8,859 to €5,421

Equity and liabilities
  • Trade debts -€18,409

    down €18,409 (-40.8%), from €45,160 to €26,751

    of which Suppliers: -€33,216

  • Profit (loss) carried forward +€17,472

    up €17,472 (+42.1%), from €41,468 to €58,940

  • Tax, wage and social debts +€2,461

    up €2,461 (+22.8%), from €10,802 to €13,263

Income statement
  • Purchases and services -€106,774

    down €106,774 (-55.1%), from €193,738 to €86,964

  • Turnover -€93,563

    down €93,563 (-45.2%), from €206,860 to €113,297

  • Gross operating margin +€13,211

    up €13,211 (+100.7%), from €13,121 to €26,333

  • Taxes +€2,785

    up €2,785 (+124.8%), from €2,232 to €5,017

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €8,929
Gross operating margin +€13,211
Staff costs +€67
Depreciation -€1,982
Other operating charges +€112
Financial charges -€79
Taxes -€2,785
Result 2025 €17,472

Cash bridge derived

cash 2024 to 2025

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.

From operations -€17,242
Investment €0
Financing €0
Cash 2024 €17,553
Net result for the year +€17,472
Depreciation +€3,438
Receivables within one year -€22,204
Trade debts -€18,409
Tax, wage and social debts +€2,461
Cash 2025 €311
Every line side by side 33 lines
Line Code 2024 2025 Change %
Total assets 20/58 €100,429 €101,954 +€1,524 +1.5%
Fixed assets 21/28 €8,859 €5,421 -€3,438 -38.8%
Tangible fixed assets 22/27 €8,859 €5,421 -€3,438 -38.8%
Furniture and vehicles 24 €8,859 €5,421 -€3,438 -38.8%
Current assets 29/58 €91,570 €96,533 +€4,963 +5.4%
Amounts receivable within one year 40/41 €74,017 €96,222 +€22,204 +30.0%
Trade receivables 40 €56,812 €60,445 +€3,633 +6.4%
Other amounts receivable 41 €17,205 €35,777 +€18,571 +107.9%
Cash at bank and in hand 54/58 €17,553 €311 -€17,242 -98.2%
Total equity and liabilities 10/49 €100,429 €101,954 +€1,524 +1.5%
Equity 10/15 €44,468 €61,940 +€17,472 +39.3%
Contributions 10/11 €3,000 €3,000 = 0.0%
Profit (loss) carried forward 14 €41,468 €58,940 +€17,472 +42.1%
Amounts payable 17/49 €55,961 €40,013 -€15,948 -28.5%
Amounts payable within one year 42/48 €55,961 €40,013 -€15,948 -28.5%
Trade debts 44 €45,160 €26,751 -€18,409 -40.8%
Suppliers 440/4 €45,160 €11,944 -€33,216 -73.6%
Bills of exchange payable 441 - €14,807 +€14,807
Taxes, remuneration and social security 45 €10,802 €13,263 +€2,461 +22.8%
Taxes 450/3 €10,802 €13,263 +€2,461 +22.8%
Turnover 70 €206,860 €113,297 -€93,563 -45.2%
Goods, raw materials, services and sundry goods 60/61 €193,738 €86,964 -€106,774 -55.1%
Remuneration, social security and pensions 62 €67 - -€67
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,456 €3,438 +€1,982 +136.1%
Other operating charges 640/8 €307 €195 -€112 -36.5%
Gross operating margin 9900 €13,121 €26,333 +€13,211 +100.7%
Operating profit (loss) 9901 €11,292 €22,700 +€11,408 +101.0%
Financial charges 65/66B €131 €210 +€79 +60.5%
Recurring financial charges 65 €131 €210 +€79 +60.5%
Profit (loss) for the period before taxes 9903 €11,161 €22,490 +€11,329 +101.5%
Income taxes 67/77 €2,232 €5,017 +€2,785 +124.8%
Profit (loss) for the period 9904 €8,929 €17,472 +€8,544 +95.7%
Profit (loss) for the period to be appropriated 9905 €8,929 €17,472 +€8,544 +95.7%

Source: filed annual accounts (NBB), fiscal years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.