FESTER: 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.
FESTER
Largest movements
- Cash +€218,178
up €218,178 (+184.6%), from €118,189 to €336,367
mainly Net result for the year (+€145,745) and Current investments (+€59,826)
- Current investments -€59,826
down €59,826 (-100.0%), from €59,826 to €0
- Tangible fixed assets -€9,302
down €9,302 (-47.5%), from €19,575 to €10,273
of which Furniture and vehicles: -€11,823
- Reserves +€145,745
up €145,745 (+87.9%), from €165,805 to €311,551
- Tax, wage and social debts +€7,019
up €7,019 (+16.5%), from €42,540 to €49,559
- Financial income +€24,933
up €24,933 (+3040653.7%), from €1 to €24,934
- Gross operating margin +€24,253
up €24,253 (+15.2%), from €159,636 to €183,889
- Taxes +€11,788
up €11,788 (+35.2%), from €33,506 to €45,295
- Financial charges +€2,803
up €2,803 (+336.6%), from €833 to €3,635
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 | €212,997 | €365,493 | +€152,496 | +71.6% |
| Fixed assets | 21/28 | €19,615 | €10,313 | -€9,302 | -47.4% |
| Tangible fixed assets | 22/27 | €19,575 | €10,273 | -€9,302 | -47.5% |
| Plant, machinery and equipment | 23 | €2,444 | €4,965 | +€2,521 | +103.1% |
| Furniture and vehicles | 24 | €17,131 | €5,308 | -€11,823 | -69.0% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €193,381 | €355,180 | +€161,798 | +83.7% |
| Amounts receivable within one year | 40/41 | €13,968 | €17,514 | +€3,546 | +25.4% |
| Trade receivables | 40 | €13,968 | €17,514 | +€3,546 | +25.4% |
| Current investments | 50/53 | €59,826 | €0 | -€59,826 | -100.0% |
| Cash at bank and in hand | 54/58 | €118,189 | €336,367 | +€218,178 | +184.6% |
| Deferred charges and accrued income | 490/1 | €1,398 | €1,298 | -€100 | -7.2% |
| Total equity and liabilities | 10/49 | €212,997 | €365,493 | +€152,496 | +71.6% |
| Equity | 10/15 | €167,305 | €313,051 | +€145,745 | +87.1% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €165,805 | €311,551 | +€145,745 | +87.9% |
| Distributable reserves | 133 | €165,805 | €311,551 | +€145,745 | +87.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €45,691 | €52,442 | +€6,751 | +14.8% |
| Amounts payable within one year | 42/48 | €45,691 | €52,442 | +€6,751 | +14.8% |
| Trade debts | 44 | €606 | €1,727 | +€1,121 | +185.1% |
| Suppliers | 440/4 | €606 | €1,727 | +€1,121 | +185.1% |
| Taxes, remuneration and social security | 45 | €42,540 | €49,559 | +€7,019 | +16.5% |
| Taxes | 450/3 | €42,540 | €49,559 | +€7,019 | +16.5% |
| Other amounts payable | 47/48 | €2,546 | €1,156 | -€1,390 | -54.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,224 | €13,516 | +€1,292 | +10.6% |
| Other operating charges | 640/8 | €462 | €632 | +€170 | +36.8% |
| Gross operating margin | 9900 | €159,636 | €183,889 | +€24,253 | +15.2% |
| Operating profit (loss) | 9901 | €146,951 | €169,741 | +€22,791 | +15.5% |
| Financial income | 75/76B | €1 | €24,934 | +€24,933 | +3040653.7% |
| Recurring financial income | 75 | €1 | €24,934 | +€24,933 | +3040653.7% |
| Financial charges | 65/66B | €833 | €3,635 | +€2,803 | +336.6% |
| Recurring financial charges | 65 | €833 | €3,635 | +€2,803 | +336.6% |
| Profit (loss) for the period before taxes | 9903 | €146,119 | €191,040 | +€44,921 | +30.7% |
| Income taxes | 67/77 | €33,506 | €45,295 | +€11,788 | +35.2% |
| Profit (loss) for the period | 9904 | €112,612 | €145,745 | +€33,133 | +29.4% |
| Profit (loss) for the period to be appropriated | 9905 | €112,612 | €145,745 | +€33,133 | +29.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.