FEESTBUS: what changed
Two fiscal 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.
FEESTBUS
Largest movements
- Tangible fixed assets -€133,408
down €133,408 (-40.2%), from €331,877 to €198,470
of which Furniture and vehicles: -€91,005
- Receivables after one year +€105,000
new in 2025: €105,000
- Cash +€12,708
up €12,708 (+4.0%), from €317,617 to €330,324
mainly Depreciation (+€137,308) and Other debts (+€67,423)
- Receivables within one year -€8,888
down €8,888 (-64.1%), from €13,875 to €4,987
of which Other amounts receivable: -€13,245
- Other debts +€67,423
up €67,423 (+62.5%), from €107,940 to €175,363
- Contributions -€54,940
down €54,940 (-99.9%), from €55,000 to €60
- Debts after one year -€50,000
down €50,000 (-20.0%), from €250,000 to €200,000
- Trade debts +€7,705
up €7,705 (+229.4%), from €3,358 to €11,064
- Depreciation +€33,092
up €33,092 (+31.8%), from €104,216 to €137,308
- Gross operating margin +€30,854
up €30,854 (+21.8%), from €141,402 to €172,256
- Financial charges -€5,974
down €5,974 (-29.4%), from €20,351 to €14,377
- Financial income +€3,360
up €3,360 (+632.1%), from €532 to €3,891
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 | €676,886 | €647,708 | -€29,178 | -4.3% |
| Fixed assets | 21/28 | €331,877 | €198,470 | -€133,408 | -40.2% |
| Tangible fixed assets | 22/27 | €331,877 | €198,470 | -€133,408 | -40.2% |
| Land and buildings | 22 | €50,521 | €12,654 | -€37,867 | -75.0% |
| Plant, machinery and equipment | 23 | €12,689 | €8,153 | -€4,536 | -35.7% |
| Furniture and vehicles | 24 | €268,667 | €177,662 | -€91,005 | -33.9% |
| Current assets | 29/58 | €345,009 | €449,239 | +€104,229 | +30.2% |
| Amounts receivable after more than one year | 29 | - | €105,000 | +€105,000 | |
| Other amounts receivable | 291 | - | €105,000 | +€105,000 | |
| Amounts receivable within one year | 40/41 | €13,875 | €4,987 | -€8,888 | -64.1% |
| Trade receivables | 40 | €15 | €4,371 | +€4,357 | +29800.1% |
| Other amounts receivable | 41 | €13,861 | €616 | -€13,245 | -95.6% |
| Cash at bank and in hand | 54/58 | €317,617 | €330,324 | +€12,708 | +4.0% |
| Deferred charges and accrued income | 490/1 | €13,517 | €8,927 | -€4,590 | -34.0% |
| Total equity and liabilities | 10/49 | €676,886 | €647,708 | -€29,178 | -4.3% |
| Equity | 10/15 | €267,961 | €219,076 | -€48,884 | -18.2% |
| Contributions | 10/11 | €55,000 | €60 | -€54,940 | -99.9% |
| Reserves | 13 | €212,961 | €218,461 | +€5,500 | +2.6% |
| Distributable reserves | 133 | €212,961 | €218,461 | +€5,500 | +2.6% |
| Profit (loss) carried forward | 14 | - | €556 | +€556 | |
| Amounts payable | 17/49 | €408,926 | €428,632 | +€19,706 | +4.8% |
| Amounts payable after more than one year | 17 | €250,000 | €200,000 | -€50,000 | -20.0% |
| Other amounts payable | 178/9 | €250,000 | €200,000 | -€50,000 | -20.0% |
| Amounts payable within one year | 42/48 | €137,539 | €212,972 | +€75,433 | +54.8% |
| Trade debts | 44 | €3,358 | €11,064 | +€7,705 | +229.4% |
| Suppliers | 440/4 | €3,358 | €11,064 | +€7,705 | +229.4% |
| Advances received on contracts in progress | 46 | €26,240 | €24,995 | -€1,245 | -4.7% |
| Taxes, remuneration and social security | 45 | - | €1,550 | +€1,550 | |
| Taxes | 450/3 | - | €1,550 | +€1,550 | |
| Other amounts payable | 47/48 | €107,940 | €175,363 | +€67,423 | +62.5% |
| Accrued charges and deferred income | 492/3 | €21,387 | €15,660 | -€5,727 | -26.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,216 | €137,308 | +€33,092 | +31.8% |
| Other operating charges | 640/8 | €10,910 | €12,391 | +€1,482 | +13.6% |
| Non-recurring operating charges | 66A | - | €1,200 | +€1,200 | |
| Gross operating margin | 9900 | €141,402 | €172,256 | +€30,854 | +21.8% |
| Operating profit (loss) | 9901 | €26,277 | €21,357 | -€4,919 | -18.7% |
| Financial income | 75/76B | €532 | €3,891 | +€3,360 | +632.1% |
| Recurring financial income | 75 | €532 | €3,891 | +€3,360 | +632.1% |
| Financial charges | 65/66B | €20,351 | €14,377 | -€5,974 | -29.4% |
| Recurring financial charges | 65 | €20,351 | €14,377 | -€5,974 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €6,457 | €10,872 | +€4,415 | +68.4% |
| Income taxes | 67/77 | €2,443 | €3,983 | +€1,540 | +63.1% |
| Profit (loss) for the period | 9904 | €4,014 | €6,889 | +€2,874 | +71.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,014 | €6,889 | +€2,874 | +71.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.