Feestpaleis: 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.
What changed
Feestpaleis
NACE 35.110, Production of electricity from non-renewable sources
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1,948
2024 · €8,160-€6,212
Equity
€812,243
2024 · €810,295+€1,948
Cash
€9,637
2024 · €2,385+€7,253
Balance sheet total
€883,845
2024 · €891,591-€7,745
Largest movements
Assets
- Receivables within one year -€13,658
no longer reported in 2025 (was €13,658)
Equity and liabilities
- Debts after one year -€14,248
down €14,248 (-28.0%), from €50,881 to €36,633
of which Financial debts: -€14,248
- Trade debts +€10,421
up €10,421 (+9,996%), from €104 to €10,525
Income statement
- Gross operating margin -€6,312
down €6,312 (-10.3%), from €61,291 to €54,980
- Other operating charges +€1,874
up €1,874 (+9.6%), from €19,519 to €21,394
- Depreciation -€1,402
down €1,402 (-4.5%), from €31,440 to €30,038
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.
Result 2024
€8,160
Gross operating margin
-€6,312
Depreciation
+€1,402
Other operating charges
-€1,874
Financial charges
+€573
Result 2025
€1,948
raises the resultlowers the result
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.
From operations
+€49,346
Investment
-€28,077
Financing
-€14,017
Cash 2024
€2,385
From operations (derived)
+€49,346
Net result for the year
+€1,948
Depreciation
+€30,038
Receivables within one year
+€13,658
Deferred charges and accrued income
-€622
Trade debts
+€10,421
Tax, wage and social debts
+€1,715
Other debts
-€141
Accrued charges and deferred income
-€7,671
Investment (derived)
-€28,077
Investment in fixed assets (net)
-€28,077
Financing
-€14,017
Debts after one year
-€14,248
Current portion of long-term debt
+€231
Cash 2025
€9,637
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €891,591 | €883,845 | -€7,745 | -0.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €875,116 | €873,155 | -€1,962 | -0.2% |
| Tangible fixed assets | 22/27 | €874,861 | €872,899 | -€1,962 | -0.2% |
| Land and buildings | 22 | €873,430 | €863,482 | -€9,948 | -1.1% |
| Plant, machinery and equipment | 23 | €1,431 | €9,417 | +€7,986 | +558% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €255 | €255 | = | 0.0% |
| Current assets | 29/58 | €16,474 | €10,691 | -€5,784 | -35.1% |
| Amounts receivable within one year | 40/41 | €13,658 | - | -€13,658 | |
| Trade receivables | 40 | €13,658 | - | -€13,658 | |
| Cash at bank and in hand | 54/58 | €2,385 | €9,637 | +€7,253 | +304% |
| Deferred charges and accrued income | 490/1 | €432 | €1,054 | +€622 | +144% |
| Total equity and liabilities | 10/49 | €891,591 | €883,845 | -€7,745 | -0.9% |
| Equity | 10/15 | €810,295 | €812,243 | +€1,948 | +0.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €204,263 | €204,263 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,944 | €10,944 | = | 0.0% |
| Distributable reserves | 133 | €187,119 | €187,119 | = | 0.0% |
| Profit (loss) carried forward | 14 | €544,031 | €545,980 | +€1,948 | +0.4% |
| Amounts payable | 17/49 | €81,296 | €71,602 | -€9,694 | -11.9% |
| Amounts payable after more than one year | 17 | €50,881 | €36,633 | -€14,248 | -28.0% |
| Financial debts | 170/4 | €38,238 | €23,990 | -€14,248 | -37.3% |
| Other amounts payable | 178/9 | €12,643 | €12,643 | = | 0.0% |
| Amounts payable within one year | 42/48 | €16,332 | €28,557 | +€12,225 | +74.9% |
| Current portion of amounts payable after more than one year | 42 | €8,410 | €8,641 | +€231 | +2.7% |
| Trade debts | 44 | €104 | €10,525 | +€10,421 | +9,996% |
| Suppliers | 440/4 | €104 | €10,525 | +€10,421 | +9,996% |
| Taxes, remuneration and social security | 45 | €3,565 | €5,280 | +€1,715 | +48.1% |
| Taxes | 450/3 | €3,565 | €5,280 | +€1,715 | +48.1% |
| Other amounts payable | 47/48 | €4,253 | €4,111 | -€141 | -3.3% |
| Accrued charges and deferred income | 492/3 | €14,083 | €6,412 | -€7,671 | -54.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,440 | €30,038 | -€1,402 | -4.5% |
| Other operating charges | 640/8 | €19,519 | €21,394 | +€1,874 | +9.6% |
| Gross operating margin | 9900 | €61,291 | €54,980 | -€6,312 | -10.3% |
| Operating profit (loss) | 9901 | €10,332 | €3,548 | -€6,784 | -65.7% |
| Financial charges | 65/66B | €2,172 | €1,600 | -€573 | -26.4% |
| Recurring financial charges | 65 | €2,172 | €1,600 | -€573 | -26.4% |
| Profit (loss) for the period before taxes | 9903 | €8,160 | €1,948 | -€6,212 | -76.1% |
| Profit (loss) for the period | 9904 | €8,160 | €1,948 | -€6,212 | -76.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,160 | €1,948 | -€6,212 | -76.1% |
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 14 October 2026 via checked.be.