Festa: 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.
Festa
Largest movements
- Receivables within one year -€52,532
down €52,532 (-84.0%), from €62,532 to €10,000
of which Trade receivables: -€60,968
- Cash +€19,001
up €19,001 (+46.8%), from €40,610 to €59,611
mainly Receivables within one year (+€52,532) and Depreciation (+€11,889)
- Tangible fixed assets -€11,889
down €11,889 (-62.2%), from €19,117 to €7,228
of which Furniture and vehicles: -€6,125
- Accrued charges and deferred income -€22,780
no longer reported in 2025 (was €22,780)
- Tax, wage and social debts -€17,492
no longer reported in 2025 (was €17,492)
- Reserves +€5,335
up €5,335 (+1.8%), from €296,424 to €301,758
of which Distributable reserves: +€5,335
- Debts after one year -€4,380
no longer reported in 2025 (was €4,380)
- Gross operating margin -€62,723
down €62,723 (-77.4%), from €81,016 to €18,293
- Taxes -€17,942
down €17,942 (-83.7%), from €21,444 to €3,502
- Financial income +€2,381
up €2,381 (+104%), from €2,288 to €4,669
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 | €372,309 | €330,179 | -€42,130 | -11.3% |
| Fixed assets | 21/28 | €19,167 | €7,278 | -€11,889 | -62.0% |
| Tangible fixed assets | 22/27 | €19,117 | €7,228 | -€11,889 | -62.2% |
| Land and buildings | 22 | €8,282 | €2,891 | -€5,391 | -65.1% |
| Plant, machinery and equipment | 23 | €373 | - | -€373 | |
| Furniture and vehicles | 24 | €10,463 | €4,337 | -€6,125 | -58.5% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €353,142 | €322,901 | -€30,241 | -8.6% |
| Amounts receivable within one year | 40/41 | €62,532 | €10,000 | -€52,532 | -84.0% |
| Trade receivables | 40 | €60,968 | - | -€60,968 | |
| Other amounts receivable | 41 | €1,564 | €10,000 | +€8,436 | +539% |
| Current investments | 50/53 | €250,000 | €253,044 | +€3,044 | +1.2% |
| Cash at bank and in hand | 54/58 | €40,610 | €59,611 | +€19,001 | +46.8% |
| Deferred charges and accrued income | 490/1 | - | €246 | +€246 | |
| Total equity and liabilities | 10/49 | €372,309 | €330,179 | -€42,130 | -11.3% |
| Equity | 10/15 | €315,016 | €320,350 | +€5,335 | +1.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €296,424 | €301,758 | +€5,335 | +1.8% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €294,564 | €299,899 | +€5,335 | +1.8% |
| Amounts payable | 17/49 | €57,293 | €9,829 | -€47,465 | -82.8% |
| Amounts payable after more than one year | 17 | €4,380 | - | -€4,380 | |
| Financial debts | 170/4 | €4,380 | - | -€4,380 | |
| Amounts payable within one year | 42/48 | €30,133 | €9,829 | -€20,305 | -67.4% |
| Current portion of amounts payable after more than one year | 42 | €4,717 | €4,380 | -€338 | -7.2% |
| Trade debts | 44 | €5,593 | €5,449 | -€144 | -2.6% |
| Suppliers | 440/4 | €5,593 | €5,449 | -€144 | -2.6% |
| Taxes, remuneration and social security | 45 | €17,492 | - | -€17,492 | |
| Taxes | 450/3 | €17,492 | - | -€17,492 | |
| Other amounts payable | 47/48 | €2,331 | - | -€2,331 | |
| Accrued charges and deferred income | 492/3 | €22,780 | - | -€22,780 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,406 | €11,889 | +€484 | +4.2% |
| Other operating charges | 640/8 | €1,533 | €1,420 | -€114 | -7.4% |
| Gross operating margin | 9900 | €81,016 | €18,293 | -€62,723 | -77.4% |
| Operating profit (loss) | 9901 | €68,076 | €4,984 | -€63,093 | -92.7% |
| Financial income | 75/76B | €2,288 | €4,669 | +€2,381 | +104% |
| Recurring financial income | 75 | €2,288 | €4,669 | +€2,381 | +104% |
| Financial charges | 65/66B | €682 | €817 | +€134 | +19.7% |
| Recurring financial charges | 65 | €682 | €817 | +€134 | +19.7% |
| Profit (loss) for the period before taxes | 9903 | €69,682 | €8,836 | -€60,846 | -87.3% |
| Income taxes | 67/77 | €21,444 | €3,502 | -€17,942 | -83.7% |
| Profit (loss) for the period | 9904 | €48,239 | €5,335 | -€42,904 | -88.9% |
| Profit (loss) for the period to be appropriated | 9905 | €48,239 | €5,335 | -€42,904 | -88.9% |
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.