FEESTEN VAN GUYSE: 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.
FEESTEN VAN GUYSE
Largest movements
- Tangible fixed assets +€19,909
up €19,909 (+3.2%), from €625,063 to €644,972
of which Furniture and vehicles: +€20,089
- Cash -€18,678
down €18,678 (-29.1%), from €64,112 to €45,434
mainly Investment in fixed assets (net) (-€58,405) and Debts after one year (-€27,223)
- Receivables within one year -€14,149
down €14,149 (-46.9%), from €30,169 to €16,019
of which Trade receivables: -€13,764
- Stocks and contracts +€8,189
up €8,189 (+93.0%), from €8,808 to €16,997
- Debts after one year -€27,223
down €27,223 (-6.3%), from €432,887 to €405,663
- Profit (loss) carried forward +€18,916
up €18,916 (+9.1%), from €207,506 to €226,422
- Gross operating margin -€34,782
down €34,782 (-29.1%), from €119,608 to €84,826
- Depreciation -€26,992
down €26,992 (-41.2%), from €65,488 to €38,497
- Write-downs -€3,424
no longer reported in 2025 (was €3,424)
- Taxes -€1,788
down €1,788 (-19.0%), from €9,425 to €7,638
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 | €728,152 | €727,622 | -€530 | -0.1% |
| Fixed assets | 21/28 | €625,063 | €644,972 | +€19,909 | +3.2% |
| Tangible fixed assets | 22/27 | €625,063 | €644,972 | +€19,909 | +3.2% |
| Land and buildings | 22 | €501,824 | €503,093 | +€1,268 | +0.3% |
| Plant, machinery and equipment | 23 | €23,217 | €27,538 | +€4,321 | +18.6% |
| Furniture and vehicles | 24 | €6,047 | €26,136 | +€20,089 | +332.2% |
| Other tangible fixed assets | 26 | €93,975 | €88,205 | -€5,770 | -6.1% |
| Current assets | 29/58 | €103,089 | €82,651 | -€20,438 | -19.8% |
| Stocks and contracts in progress | 3 | €8,808 | €16,997 | +€8,189 | +93.0% |
| Stocks | 30/36 | €8,808 | €16,997 | +€8,189 | +93.0% |
| Amounts receivable within one year | 40/41 | €30,169 | €16,019 | -€14,149 | -46.9% |
| Trade receivables | 40 | €25,244 | €11,481 | -€13,764 | -54.5% |
| Other amounts receivable | 41 | €4,924 | €4,539 | -€385 | -7.8% |
| Cash at bank and in hand | 54/58 | €64,112 | €45,434 | -€18,678 | -29.1% |
| Deferred charges and accrued income | 490/1 | - | €4,200 | +€4,200 | |
| Total equity and liabilities | 10/49 | €728,152 | €727,622 | -€530 | -0.1% |
| Equity | 10/15 | €231,766 | €250,682 | +€18,916 | +8.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €11,860 | €11,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €207,506 | €226,422 | +€18,916 | +9.1% |
| Amounts payable | 17/49 | €496,386 | €476,940 | -€19,445 | -3.9% |
| Amounts payable after more than one year | 17 | €432,887 | €405,663 | -€27,223 | -6.3% |
| Financial debts | 170/4 | €432,887 | €405,663 | -€27,223 | -6.3% |
| Amounts payable within one year | 42/48 | €63,499 | €71,277 | +€7,778 | +12.2% |
| Current portion of amounts payable after more than one year | 42 | €26,460 | €27,223 | +€763 | +2.9% |
| Trade debts | 44 | €33,657 | €40,463 | +€6,806 | +20.2% |
| Suppliers | 440/4 | €33,657 | €40,463 | +€6,806 | +20.2% |
| Taxes, remuneration and social security | 45 | - | €3,330 | +€3,330 | |
| Taxes | 450/3 | - | €3,330 | +€3,330 | |
| Other amounts payable | 47/48 | €3,381 | €261 | -€3,120 | -92.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,488 | €38,497 | -€26,992 | -41.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,424 | - | -€3,424 | |
| Other operating charges | 640/8 | €2,886 | €3,037 | +€152 | +5.3% |
| Gross operating margin | 9900 | €119,608 | €84,826 | -€34,782 | -29.1% |
| Operating profit (loss) | 9901 | €47,810 | €43,292 | -€4,518 | -9.5% |
| Financial income | 75/76B | €3 | €0 | -€3 | -99.4% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -99.4% |
| Financial charges | 65/66B | €15,909 | €16,738 | +€829 | +5.2% |
| Recurring financial charges | 65 | €15,909 | €16,738 | +€829 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | €31,904 | €26,553 | -€5,350 | -16.8% |
| Income taxes | 67/77 | €9,425 | €7,638 | -€1,788 | -19.0% |
| Profit (loss) for the period | 9904 | €22,479 | €18,916 | -€3,563 | -15.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,479 | €18,916 | -€3,563 | -15.8% |
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 11 October 2026 via checked.be.