Feast: 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.
Feast
Largest movements
- Cash +€18,844
up €18,844 (+54.6%), from €34,538 to €53,383
mainly Net result for the year (+€26,846) and Depreciation (+€13,788)
- Stocks and contracts +€6,431
up €6,431 (+64.8%), from €9,929 to €16,360
- Deferred charges and accrued income +€3,982
up €3,982 (+782%), from €509 to €4,491
- Receivables within one year -€3,482
down €3,482 (-12.0%), from €29,031 to €25,549
of which Other amounts receivable: -€3,911
- Reserves +€26,846
up €26,846 (+453%), from €5,929 to €32,774
- Debts after one year -€15,100
down €15,100 (-33.3%), from €45,306 to €30,206
- Tax, wage and social debts +€9,477
up €9,477 (+214%), from €4,426 to €13,903
of which Taxes: +€9,471
- Current portion of long-term debt +€7,866
up €7,866 (+16.4%), from €48,079 to €55,946
- Trade debts -€3,340
down €3,340 (-66.1%), from €5,052 to €1,713
- Gross operating margin +€27,053
up €27,053 (+82.0%), from €32,998 to €60,051
- Taxes +€8,161
up €8,161 (+223%), from €3,654 to €11,814
- Other operating charges -€2,906
down €2,906 (-41.1%), from €7,063 to €4,158
- Depreciation +€2,521
up €2,521 (+22.4%), from €11,268 to €13,788
- Financial charges -€1,719
down €1,719 (-33.3%), from €5,165 to €3,446
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 | €138,884 | €164,911 | +€26,027 | +18.7% |
| Fixed assets | 21/28 | €64,876 | €65,128 | +€252 | +0.4% |
| Tangible fixed assets | 22/27 | €64,876 | €65,128 | +€252 | +0.4% |
| Plant, machinery and equipment | 23 | €25,489 | €29,676 | +€4,188 | +16.4% |
| Furniture and vehicles | 24 | €1,553 | €1,982 | +€429 | +27.7% |
| Other tangible fixed assets | 26 | €37,835 | €33,470 | -€4,365 | -11.5% |
| Current assets | 29/58 | €74,008 | €99,782 | +€25,775 | +34.8% |
| Stocks and contracts in progress | 3 | €9,929 | €16,360 | +€6,431 | +64.8% |
| Stocks | 30/36 | €9,929 | €16,360 | +€6,431 | +64.8% |
| Amounts receivable within one year | 40/41 | €29,031 | €25,549 | -€3,482 | -12.0% |
| Trade receivables | 40 | - | €429 | +€429 | |
| Other amounts receivable | 41 | €29,031 | €25,120 | -€3,911 | -13.5% |
| Cash at bank and in hand | 54/58 | €34,538 | €53,383 | +€18,844 | +54.6% |
| Deferred charges and accrued income | 490/1 | €509 | €4,491 | +€3,982 | +782% |
| Total equity and liabilities | 10/49 | €138,884 | €164,911 | +€26,027 | +18.7% |
| Equity | 10/15 | €35,929 | €62,774 | +€26,846 | +74.7% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €5,929 | €32,774 | +€26,846 | +453% |
| Distributable reserves | 133 | €5,929 | €32,774 | +€26,846 | +453% |
| Amounts payable | 17/49 | €102,955 | €102,136 | -€819 | -0.8% |
| Amounts payable after more than one year | 17 | €45,306 | €30,206 | -€15,100 | -33.3% |
| Financial debts | 170/4 | €45,306 | €30,206 | -€15,100 | -33.3% |
| Amounts payable within one year | 42/48 | €57,558 | €71,561 | +€14,003 | +24.3% |
| Current portion of amounts payable after more than one year | 42 | €48,079 | €55,946 | +€7,866 | +16.4% |
| Trade debts | 44 | €5,052 | €1,713 | -€3,340 | -66.1% |
| Suppliers | 440/4 | €5,052 | €1,713 | -€3,340 | -66.1% |
| Taxes, remuneration and social security | 45 | €4,426 | €13,903 | +€9,477 | +214% |
| Taxes | 450/3 | €4,426 | €13,897 | +€9,471 | +214% |
| Remuneration and social security | 454/9 | - | €6 | +€6 | |
| Accrued charges and deferred income | 492/3 | €91 | €369 | +€279 | +306% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,268 | €13,788 | +€2,521 | +22.4% |
| Other operating charges | 640/8 | €7,063 | €4,158 | -€2,906 | -41.1% |
| Gross operating margin | 9900 | €32,998 | €60,051 | +€27,053 | +82.0% |
| Operating profit (loss) | 9901 | €14,667 | €42,105 | +€27,438 | +187% |
| Financial income | 75/76B | €81 | €1 | -€80 | -98.7% |
| Recurring financial income | 75 | €81 | €1 | -€80 | -98.7% |
| Financial charges | 65/66B | €5,165 | €3,446 | -€1,719 | -33.3% |
| Recurring financial charges | 65 | €5,165 | €3,446 | -€1,719 | -33.3% |
| Profit (loss) for the period before taxes | 9903 | €9,583 | €38,660 | +€29,077 | +303% |
| Income taxes | 67/77 | €3,654 | €11,814 | +€8,161 | +223% |
| Profit (loss) for the period | 9904 | €5,929 | €26,846 | +€20,917 | +353% |
| Profit (loss) for the period to be appropriated | 9905 | €5,929 | €26,846 | +€20,917 | +353% |
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 15 October 2026 via checked.be.