Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
FORTIL BELGIUM from Elsene, company number BE0748955311, closed financial year 2025 with a result of € 1.8 million after tax. For that financial year FORTIL BELGIUM recorded a gross margin of € 7.4 million and equity of € 6 million. Compared with financial year 2024, the result moved from € 1.2 million to € 1.8 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 6 million
▲ 236% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.8 million
▲ 56% vs 2024
Profit after tax over the fiscal year.
€ 1.6 million
▲ 94% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 5 million.
People and assets in 2025
61.7
▲ 11.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.7 million
▲ 29% vs 2024
€ 75,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 27,225
▲ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2.2 million
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 639,909
▲ 44% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,120,572 | € 3,692,262 | € 5,522,873 | € 7,379,824 | ▲ 34% |
| Profit after taxes | € 305,307 | € 502,588 | € 1,174,804 | € 1,835,019 | ▲ 56% |
| Equity | € 1,274,793 | € 1,777,382 | € 1,777,382 | € 5,969,742 | ▲ 236% |
| Total debts | € 679,620 | € 1,658,984 | € 3,687,514 | € 3,483,399 | ▼ 6% |
| Cash | € 563,571 | € 271,307 | € 839,771 | € 1,632,330 | ▲ 94% |
| Retained profit | € 274,793 | € 777,382 | € 777,382 | € 4,969,742 | ▲ € 4.2 million |
| Dividend | € 0 | € 0 | € 1,174,804 | € 0 | ▼ 100% |
| Balance sheet total | € 1,954,414 | € 3,436,365 | € 5,464,895 | € 9,453,141 | ▲ 73% |
| Employees (FTE) | 23.4 | 39.9 | 50.4 | 61.7 | ▲ 11.3 |
Key figures of FORTIL BELGIUM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to FORTIL BELGIUM?
What happened at FORTIL BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.8 million (▲ 56% vs 2024). Source: NBB ↗
- FORTIL GROUP SAS stepped down as director. NBB
- Eric ESPAGNO became a director. NBB
- Steeven GODGENGER became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
- FORTIL GROUP SAS became a director. NBB
In short
From € 305,307 profit in 2022 to € 1.8 million profit in 2025.
Paid € 1.5 million in corporate taxes since 2022.
Best year ever: 2025, with € 1.8 million profit.
On average € 119,600 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind FORTIL BELGIUM are Eric ESPAGNO and Steeven GODGENGER.
Directors
According to the 2025 annual accounts
Eric ESPAGNO
Director
since 2024
Steeven GODGENGER
Director
since 2024
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Louizalaan 231
1050 Elsene
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0748.955.311
- VAT number
- BE 0748.955.311
- Registered office
- Louizalaan 231, 1050 Elsene
- Names & denominations
- FORTIL BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 June 2020
- Peppol
- Active · Active since 11 Feb 2026
- Activities · NACE
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