FORTUNA EVENTS: 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.
FORTUNA EVENTS
Largest movements
- Tangible fixed assets -€555,135
down €555,135 (-67.9%), from €817,005 to €261,870
of which Land and buildings: -€701,557
- Receivables within one year +€287,714
up €287,714 (+1,350%), from €21,311 to €309,025
of which Trade receivables: +€282,714
- Cash -€115,866
down €115,866 (-75.6%), from €153,287 to €37,421
mainly Other debts (-€378,393) and Receivables within one year (-€287,714)
- Other debts -€378,393
down €378,393 (-80.8%), from €468,090 to €89,697
- Debts after one year -€37,993
down €37,993 (-13.4%), from €283,450 to €245,457
of which Financial debts: -€35,818
- Reserves +€23,621
up €23,621 (+19.5%), from €121,407 to €145,028
of which Distributable reserves: +€25,481
- Tax, wage and social debts +€13,562
up €13,562 (+138%), from €9,818 to €23,381
of which Taxes: +€15,562
- Gross operating margin -€111,567
down €111,567 (-53.7%), from €207,862 to €96,294
- Depreciation -€27,256
down €27,256 (-51.4%), from €53,009 to €25,754
- Taxes +€12,180
up €12,180 (+1,789%), from €681 to €12,861
- Financial charges +€4,935
up €4,935 (+64.2%), from €7,689 to €12,624
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 | €1,007,792 | €623,768 | -€384,024 | -38.1% |
| Fixed assets | 21/28 | €817,005 | €261,870 | -€555,135 | -67.9% |
| Tangible fixed assets | 22/27 | €817,005 | €261,870 | -€555,135 | -67.9% |
| Land and buildings | 22 | €701,557 | - | -€701,557 | |
| Plant, machinery and equipment | 23 | €34,103 | €39,341 | +€5,238 | +15.4% |
| Furniture and vehicles | 24 | €11,049 | €5,089 | -€5,960 | -53.9% |
| Other tangible fixed assets | 26 | €70,296 | €217,440 | +€147,144 | +209% |
| Current assets | 29/58 | €190,787 | €361,898 | +€171,111 | +89.7% |
| Stocks and contracts in progress | 3 | €15,412 | €15,103 | -€309 | -2.0% |
| Stocks | 30/36 | €15,412 | €15,103 | -€309 | -2.0% |
| Amounts receivable within one year | 40/41 | €21,311 | €309,025 | +€287,714 | +1,350% |
| Trade receivables | 40 | €16,558 | €299,272 | +€282,714 | +1,707% |
| Other amounts receivable | 41 | €4,753 | €9,753 | +€5,000 | +105% |
| Cash at bank and in hand | 54/58 | €153,287 | €37,421 | -€115,866 | -75.6% |
| Deferred charges and accrued income | 490/1 | €777 | €348 | -€428 | -55.1% |
| Total equity and liabilities | 10/49 | €1,007,792 | €623,768 | -€384,024 | -38.1% |
| Equity | 10/15 | €140,007 | €163,628 | +€23,621 | +16.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €121,407 | €145,028 | +€23,621 | +19.5% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €88,613 | €88,613 | = | 0.0% |
| Distributable reserves | 133 | €30,934 | €56,415 | +€25,481 | +82.4% |
| Provisions and deferred taxes | 16 | €29,538 | €29,538 | = | 0.0% |
| Deferred taxes | 168 | €29,538 | €29,538 | = | 0.0% |
| Amounts payable | 17/49 | €838,248 | €430,603 | -€407,645 | -48.6% |
| Amounts payable after more than one year | 17 | €283,450 | €245,457 | -€37,993 | -13.4% |
| Financial debts | 170/4 | €281,275 | €245,457 | -€35,818 | -12.7% |
| Other amounts payable | 178/9 | €2,175 | - | -€2,175 | |
| Amounts payable within one year | 42/48 | €550,228 | €176,201 | -€374,026 | -68.0% |
| Current portion of amounts payable after more than one year | 42 | €36,680 | €37,174 | +€493 | +1.3% |
| Trade debts | 44 | €35,639 | €25,950 | -€9,689 | -27.2% |
| Suppliers | 440/4 | €35,639 | €25,950 | -€9,689 | -27.2% |
| Taxes, remuneration and social security | 45 | €9,818 | €23,381 | +€13,562 | +138% |
| Taxes | 450/3 | €7,818 | €23,381 | +€15,562 | +199% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €468,090 | €89,697 | -€378,393 | -80.8% |
| Accrued charges and deferred income | 492/3 | €4,570 | €8,944 | +€4,374 | +95.7% |
| Non-recurring operating income | 76A | €118,150 | - | -€118,150 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,009 | €25,754 | -€27,256 | -51.4% |
| Other operating charges | 640/8 | €4,536 | €5,190 | +€655 | +14.4% |
| Non-recurring operating charges | 66A | €20,447 | €15,820 | -€4,626 | -22.6% |
| Gross operating margin | 9900 | €207,862 | €96,294 | -€111,567 | -53.7% |
| Operating profit (loss) | 9901 | €129,870 | €49,530 | -€80,340 | -61.9% |
| Financial income | 75/76B | €1,339 | €993 | -€346 | -25.8% |
| Recurring financial income | 75 | €1,339 | €993 | -€346 | -25.8% |
| Financial charges | 65/66B | €7,689 | €12,624 | +€4,935 | +64.2% |
| Recurring financial charges | 65 | €7,689 | €12,624 | +€4,935 | +64.2% |
| Profit (loss) for the period before taxes | 9903 | €123,520 | €37,899 | -€85,621 | -69.3% |
| Transfer to deferred taxes | 680 | €29,538 | - | -€29,538 | |
| Income taxes | 67/77 | €681 | €12,861 | +€12,180 | +1,789% |
| Profit (loss) for the period | 9904 | €93,302 | €25,038 | -€68,263 | -73.2% |
| Transfer to tax-exempt reserves | 689 | €88,613 | - | -€88,613 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,689 | €25,038 | +€20,349 | +434% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.