Fortunati: 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.
Fortunati
Largest movements
- Receivables within one year -€77,755
down €77,755 (-81.9%), from €94,951 to €17,195
of which Other amounts receivable: -€74,011
- Cash -€24,334
down €24,334 (-21.2%), from €114,558 to €90,224
mainly Net result for the year (-€46,563) and Other debts (-€41,421)
- Deferred charges and accrued income +€2,435
up €2,435 (+92.4%), from €2,634 to €5,069
- Profit (loss) carried forward -€46,563
new in 2025: -€46,563
- Other debts -€41,421
down €41,421 (-69.6%), from €59,500 to €18,079
- Tax, wage and social debts -€21,260
down €21,260 (-25.6%), from €83,187 to €61,927
of which Remuneration and social security: -€29,061
- Trade debts +€9,222
up €9,222 (+16.8%), from €54,985 to €64,208
- Gross operating margin -€55,732
down €55,732 (-11.5%), from €484,482 to €428,750
- Staff costs -€22,338
down €22,338 (-4.6%), from €482,470 to €460,133
- Other operating charges +€5,256
up €5,256 (+300.4%), from €1,750 to €7,006
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 | €236,584 | €136,562 | -€100,022 | -42.3% |
| Fixed assets | 21/28 | €13,605 | €13,809 | +€205 | +1.5% |
| Tangible fixed assets | 22/27 | €7,194 | €7,399 | +€205 | +2.8% |
| Furniture and vehicles | 24 | €7,194 | €7,399 | +€205 | +2.8% |
| Financial fixed assets | 28 | €6,411 | €6,411 | = | 0.0% |
| Current assets | 29/58 | €222,979 | €122,752 | -€100,227 | -44.9% |
| Stocks and contracts in progress | 3 | €10,836 | €10,264 | -€572 | -5.3% |
| Stocks | 30/36 | €10,836 | €10,264 | -€572 | -5.3% |
| Amounts receivable within one year | 40/41 | €94,951 | €17,195 | -€77,755 | -81.9% |
| Trade receivables | 40 | €4,525 | €780 | -€3,745 | -82.8% |
| Other amounts receivable | 41 | €90,426 | €16,415 | -€74,011 | -81.8% |
| Cash at bank and in hand | 54/58 | €114,558 | €90,224 | -€24,334 | -21.2% |
| Deferred charges and accrued income | 490/1 | €2,634 | €5,069 | +€2,435 | +92.4% |
| Total equity and liabilities | 10/49 | €236,584 | €136,562 | -€100,022 | -42.3% |
| Equity | 10/15 | €38,912 | -€7,652 | -€46,563 | |
| Contributions | 10/11 | €24,541 | €24,541 | = | 0.0% |
| Reserves | 13 | €14,370 | €14,370 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,454 | €2,454 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,454 | €2,454 | = | 0.0% |
| Distributable reserves | 133 | €11,916 | €11,916 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€46,563 | -€46,563 | |
| Amounts payable | 17/49 | €197,672 | €144,213 | -€53,459 | -27.0% |
| Amounts payable within one year | 42/48 | €197,672 | €144,213 | -€53,459 | -27.0% |
| Trade debts | 44 | €54,985 | €64,208 | +€9,222 | +16.8% |
| Suppliers | 440/4 | €54,985 | €64,208 | +€9,222 | +16.8% |
| Taxes, remuneration and social security | 45 | €83,187 | €61,927 | -€21,260 | -25.6% |
| Taxes | 450/3 | €47,116 | €54,916 | +€7,801 | +16.6% |
| Remuneration and social security | 454/9 | €36,071 | €7,011 | -€29,061 | -80.6% |
| Other amounts payable | 47/48 | €59,500 | €18,079 | -€41,421 | -69.6% |
| Non-recurring operating income | 76A | - | €2,680 | +€2,680 | |
| Remuneration, social security and pensions | 62 | €482,470 | €460,133 | -€22,338 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,434 | €2,475 | -€1,959 | -44.2% |
| Other operating charges | 640/8 | €1,750 | €7,006 | +€5,256 | +300.4% |
| Gross operating margin | 9900 | €484,482 | €428,750 | -€55,732 | -11.5% |
| Operating profit (loss) | 9901 | -€4,172 | -€40,863 | -€36,691 | -879.4% |
| Financial income | 75/76B | €66 | €4 | -€62 | -94.6% |
| Recurring financial income | 75 | €66 | €4 | -€62 | -94.6% |
| Financial charges | 65/66B | €6,701 | €5,391 | -€1,310 | -19.5% |
| Recurring financial charges | 65 | €6,701 | €5,391 | -€1,310 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | -€10,807 | -€46,251 | -€35,444 | -328.0% |
| Income taxes | 67/77 | €3,153 | €312 | -€2,841 | -90.1% |
| Profit (loss) for the period | 9904 | -€13,960 | -€46,563 | -€32,603 | -233.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,960 | -€46,563 | -€32,603 | -233.5% |
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 12 October 2026 via checked.be.