FORTUZI: what changed
FORTUZI
Largest movements
- Tangible fixed assets -€2,754
down €2,754 (-18.4%), from €14,998 to €12,244
of which Land and buildings: -€2,310
- Receivables within one year -€1,148
down €1,148 (-67.7%), from €1,695 to €547
- Cash -€608
down €608 (-4.5%), from €13,509 to €12,901
mainly Other debts (-€8,443) and Trade debts (-€1,580)
- Other debts -€8,443
down €8,443 (-74.1%), from €11,399 to €2,956
- Profit (loss) carried forward +€4,633
up €4,633 (+113%), from €4,093 to €8,726
- Tax, wage and social debts +€1,913
up €1,913 (+21.0%), from €9,124 to €11,037
- Trade debts -€1,580
down €1,580 (-72.3%), from €2,184 to €604
- Current portion of long-term debt -€1,134
no longer reported in 2025 (was €1,134)
- Staff costs -€4,454
down €4,454 (-73.0%), from €6,102 to €1,648
- Financial charges -€2,463
down €2,463 (-85.9%), from €2,866 to €403
- Gross operating margin -€2,120
down €2,120 (-15.7%), from €13,544 to €11,424
- Taxes +€395
up €395 (+49.7%), from €795 to €1,190
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,434 | €25,823 | -€4,611 | -15.2% |
| Fixed assets | 21/28 | €14,998 | €12,244 | -€2,754 | -18.4% |
| Tangible fixed assets | 22/27 | €14,998 | €12,244 | -€2,754 | -18.4% |
| Land and buildings | 22 | €14,398 | €12,088 | -€2,310 | -16.0% |
| Plant, machinery and equipment | 23 | €600 | €156 | -€444 | -74.0% |
| Current assets | 29/58 | €15,436 | €13,579 | -€1,857 | -12.0% |
| Stocks and contracts in progress | 3 | €232 | €131 | -€101 | -43.5% |
| Stocks | 30/36 | €232 | €131 | -€101 | -43.5% |
| Amounts receivable within one year | 40/41 | €1,695 | €547 | -€1,148 | -67.7% |
| Trade receivables | 40 | €1,695 | €547 | -€1,148 | -67.7% |
| Cash at bank and in hand | 54/58 | €13,509 | €12,901 | -€608 | -4.5% |
| Total equity and liabilities | 10/49 | €30,434 | €25,823 | -€4,611 | -15.2% |
| Equity | 10/15 | €6,593 | €11,226 | +€4,633 | +70.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Contributions outside capital | 11 | - | €2,500 | +€2,500 | |
| Other | 1109/19 | - | €2,500 | +€2,500 | |
| Profit (loss) carried forward | 14 | €4,093 | €8,726 | +€4,633 | +113% |
| Amounts payable | 17/49 | €23,841 | €14,597 | -€9,244 | -38.8% |
| Amounts payable within one year | 42/48 | €23,841 | €14,597 | -€9,244 | -38.8% |
| Current portion of amounts payable after more than one year | 42 | €1,134 | - | -€1,134 | |
| Trade debts | 44 | €2,184 | €604 | -€1,580 | -72.3% |
| Suppliers | 440/4 | €2,184 | €604 | -€1,580 | -72.3% |
| Taxes, remuneration and social security | 45 | €9,124 | €11,037 | +€1,913 | +21.0% |
| Taxes | 450/3 | €9,124 | €11,037 | +€1,913 | +21.0% |
| Other amounts payable | 47/48 | €11,399 | €2,956 | -€8,443 | -74.1% |
| Remuneration, social security and pensions | 62 | €6,102 | €1,648 | -€4,454 | -73.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,678 | €2,754 | +€76 | +2.8% |
| Other operating charges | 640/8 | €840 | €796 | -€44 | -5.2% |
| Gross operating margin | 9900 | €13,544 | €11,424 | -€2,120 | -15.7% |
| Operating profit (loss) | 9901 | €3,924 | €6,226 | +€2,302 | +58.7% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €2,866 | €403 | -€2,463 | -85.9% |
| Recurring financial charges | 65 | €2,866 | €403 | -€2,463 | -85.9% |
| Profit (loss) for the period before taxes | 9903 | €1,061 | €5,823 | +€4,762 | +449% |
| Income taxes | 67/77 | €795 | €1,190 | +€395 | +49.7% |
| Profit (loss) for the period | 9904 | €266 | €4,633 | +€4,367 | +1,642% |
| Profit (loss) for the period to be appropriated | 9905 | €266 | €4,633 | +€4,367 | +1,642% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.