FESTELYN: 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.
FESTELYN
Largest movements
- Tangible fixed assets -€35,918
down €35,918 (-3.7%), from €983,705 to €947,787
of which Land and buildings: -€23,277
- Debts after one year -€52,958
down €52,958 (-9.5%), from €559,788 to €506,831
- Reserves +€34,237
up €34,237 (+35.2%), from €97,158 to €131,395
- Accrued charges and deferred income -€11,439
down €11,439 (-66.9%), from €17,093 to €5,654
- Gross operating margin -€9,560
down €9,560 (-8.1%), from €118,279 to €108,719
- Taxes -€3,643
down €3,643 (-21.8%), from €16,706 to €13,063
- Depreciation +€2,983
up €2,983 (+7.8%), from €38,406 to €41,389
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 | €1,036,312 | €996,007 | -€40,305 | -3.9% |
| Fixed assets | 21/28 | €983,705 | €947,787 | -€35,918 | -3.7% |
| Tangible fixed assets | 22/27 | €983,705 | €947,787 | -€35,918 | -3.7% |
| Land and buildings | 22 | €966,738 | €943,461 | -€23,277 | -2.4% |
| Furniture and vehicles | 24 | €16,967 | €4,326 | -€12,641 | -74.5% |
| Current assets | 29/58 | €52,607 | €48,220 | -€4,387 | -8.3% |
| Amounts receivable within one year | 40/41 | €16,375 | €17,368 | +€993 | +6.1% |
| Trade receivables | 40 | €12,837 | €15,417 | +€2,579 | +20.1% |
| Other amounts receivable | 41 | €3,538 | €1,951 | -€1,587 | -44.8% |
| Cash at bank and in hand | 54/58 | €32,198 | €26,810 | -€5,388 | -16.7% |
| Deferred charges and accrued income | 490/1 | €4,034 | €4,042 | +€8 | +0.2% |
| Total equity and liabilities | 10/49 | €1,036,312 | €996,007 | -€40,305 | -3.9% |
| Equity | 10/15 | €117,158 | €151,395 | +€34,237 | +29.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €97,158 | €131,395 | +€34,237 | +35.2% |
| Distributable reserves | 133 | €97,158 | €131,395 | +€34,237 | +35.2% |
| Amounts payable | 17/49 | €919,154 | €844,612 | -€74,542 | -8.1% |
| Amounts payable after more than one year | 17 | €559,788 | €506,831 | -€52,958 | -9.5% |
| Financial debts | 170/4 | €559,788 | €506,831 | -€52,958 | -9.5% |
| Amounts payable within one year | 42/48 | €342,273 | €332,128 | -€10,145 | -3.0% |
| Current portion of amounts payable after more than one year | 42 | €61,597 | €52,958 | -€8,639 | -14.0% |
| Trade debts | 44 | €1,804 | €1,268 | -€535 | -29.7% |
| Suppliers | 440/4 | €1,804 | €1,268 | -€535 | -29.7% |
| Taxes, remuneration and social security | 45 | €7,683 | €3,994 | -€3,688 | -48.0% |
| Taxes | 450/3 | €4,782 | €3,994 | -€788 | -16.5% |
| Remuneration and social security | 454/9 | €2,901 | €0 | -€2,901 | -100.0% |
| Other amounts payable | 47/48 | €271,190 | €273,908 | +€2,718 | +1.0% |
| Accrued charges and deferred income | 492/3 | €17,093 | €5,654 | -€11,439 | -66.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,406 | €41,389 | +€2,983 | +7.8% |
| Other operating charges | 640/8 | €5,848 | €6,846 | +€998 | +17.1% |
| Gross operating margin | 9900 | €118,279 | €108,719 | -€9,560 | -8.1% |
| Operating profit (loss) | 9901 | €74,025 | €60,484 | -€13,541 | -18.3% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €13,411 | €13,185 | -€226 | -1.7% |
| Recurring financial charges | 65 | €13,411 | €13,185 | -€226 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | €60,614 | €47,299 | -€13,315 | -22.0% |
| Income taxes | 67/77 | €16,706 | €13,063 | -€3,643 | -21.8% |
| Profit (loss) for the period | 9904 | €43,908 | €34,237 | -€9,672 | -22.0% |
| Profit (loss) for the period to be appropriated | 9905 | €43,908 | €34,237 | -€9,672 | -22.0% |
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 12 October 2026 via checked.be.