FESTIBO: 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.
FESTIBO
Largest movements
- Receivables after one year -€14,000
down €14,000 (-35.0%), from €40,000 to €26,000
- Receivables within one year -€4,608
down €4,608 (-24.3%), from €18,952 to €14,344
of which Trade receivables: -€2,583
- Tangible fixed assets +€2,954
up €2,954 (+86.1%), from €3,432 to €6,386
of which Plant, machinery and equipment: +€4,239
- Profit (loss) carried forward -€9,558
down €9,558 (-175%), from -€5,456 to -€15,014
- Other debts -€6,779
down €6,779 (-93.7%), from €7,238 to €459
- Short-term financial debts +€853
up €853 (+17.6%), from €4,854 to €5,707
- Gross operating margin -€3,278
down €3,278 (-77.9%), from -€4,210 to -€7,489
- Depreciation +€1,002
up €1,002 (+146%), from €685 to €1,687
- Financial charges -€461
down €461 (-35.8%), from €1,286 to €825
- Financial income -€158
down €158 (-13.2%), from €1,194 to €1,037
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 | €63,462 | €47,242 | -€16,219 | -25.6% |
| Fixed assets | 21/28 | €3,432 | €6,386 | +€2,954 | +86.1% |
| Tangible fixed assets | 22/27 | €3,432 | €6,386 | +€2,954 | +86.1% |
| Plant, machinery and equipment | 23 | - | €4,239 | +€4,239 | |
| Furniture and vehicles | 24 | €3,432 | €2,146 | -€1,286 | -37.5% |
| Current assets | 29/58 | €60,030 | €40,857 | -€19,173 | -31.9% |
| Amounts receivable after more than one year | 29 | €40,000 | €26,000 | -€14,000 | -35.0% |
| Other amounts receivable | 291 | €40,000 | €26,000 | -€14,000 | -35.0% |
| Amounts receivable within one year | 40/41 | €18,952 | €14,344 | -€4,608 | -24.3% |
| Trade receivables | 40 | €14,716 | €12,132 | -€2,583 | -17.6% |
| Other amounts receivable | 41 | €4,236 | €2,211 | -€2,025 | -47.8% |
| Cash at bank and in hand | 54/58 | €278 | €278 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €800 | €236 | -€565 | -70.6% |
| Total equity and liabilities | 10/49 | €63,462 | €47,242 | -€16,219 | -25.6% |
| Equity | 10/15 | €43,054 | €33,496 | -€9,558 | -22.2% |
| Contributions | 10/11 | €6,400 | €6,400 | = | 0.0% |
| Reserves | 13 | €42,110 | €42,110 | = | 0.0% |
| Distributable reserves | 133 | €42,110 | €42,110 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,456 | -€15,014 | -€9,558 | -175% |
| Amounts payable | 17/49 | €20,407 | €13,746 | -€6,661 | -32.6% |
| Amounts payable within one year | 42/48 | €20,172 | €13,746 | -€6,426 | -31.9% |
| Financial debts | 43 | €4,854 | €5,707 | +€853 | +17.6% |
| Credit institutions | 430/8 | €4,854 | €5,707 | +€853 | +17.6% |
| Trade debts | 44 | €8,080 | €7,580 | -€500 | -6.2% |
| Suppliers | 440/4 | €8,080 | €7,580 | -€500 | -6.2% |
| Other amounts payable | 47/48 | €7,238 | €459 | -€6,779 | -93.7% |
| Accrued charges and deferred income | 492/3 | €235 | - | -€235 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €685 | €1,687 | +€1,002 | +146% |
| Other operating charges | 640/8 | €577 | €593 | +€16 | +2.8% |
| Gross operating margin | 9900 | -€4,210 | -€7,489 | -€3,278 | -77.9% |
| Operating profit (loss) | 9901 | -€5,473 | -€9,769 | -€4,297 | -78.5% |
| Financial income | 75/76B | €1,194 | €1,037 | -€158 | -13.2% |
| Recurring financial income | 75 | €1,194 | €1,037 | -€158 | -13.2% |
| Financial charges | 65/66B | €1,286 | €825 | -€461 | -35.8% |
| Recurring financial charges | 65 | €1,286 | €825 | -€461 | -35.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,565 | -€9,558 | -€3,993 | -71.8% |
| Profit (loss) for the period | 9904 | -€5,565 | -€9,558 | -€3,993 | -71.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,565 | -€9,558 | -€3,993 | -71.8% |
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 16 October 2026 via checked.be.