FESTIJN: 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.
FESTIJN
Largest movements
- Current investments +€100,000
new in 2025: €100,000
- Cash +€18,426
up €18,426 (+231.0%), from €7,977 to €26,403
mainly Net result for the year (+€110,181) and Tax, wage and social debts (+€24,995)
- Receivables within one year -€11,142
down €11,142 (-18.7%), from €59,610 to €48,468
of which Trade receivables: -€40,728
- Reserves +€74,181
up €74,181 (+251.8%), from €29,463 to €103,644
of which Distributable reserves: +€74,181
- Tax, wage and social debts +€24,995
up €24,995 (+288.2%), from €8,673 to €33,668
- Trade debts +€4,693
up €4,693 (+838.8%), from €559 to €5,252
- Gross operating margin +€75,934
up €75,934 (+111.4%), from €68,149 to €144,083
- Taxes +€22,596
up €22,596 (+261.0%), from €8,659 to €31,255
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 | €100,136 | €205,810 | +€105,675 | +105.5% |
| Fixed assets | 21/28 | €6,643 | €5,034 | -€1,610 | -24.2% |
| Tangible fixed assets | 22/27 | €6,643 | €5,034 | -€1,610 | -24.2% |
| Furniture and vehicles | 24 | €6,643 | €5,034 | -€1,610 | -24.2% |
| Current assets | 29/58 | €93,493 | €200,777 | +€107,284 | +114.8% |
| Amounts receivable within one year | 40/41 | €59,610 | €48,468 | -€11,142 | -18.7% |
| Trade receivables | 40 | €59,610 | €18,882 | -€40,728 | -68.3% |
| Other amounts receivable | 41 | - | €29,586 | +€29,586 | |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €7,977 | €26,403 | +€18,426 | +231.0% |
| Deferred charges and accrued income | 490/1 | €25,906 | €25,906 | = | 0.0% |
| Total equity and liabilities | 10/49 | €100,136 | €205,810 | +€105,675 | +105.5% |
| Equity | 10/15 | €48,213 | €122,394 | +€74,181 | +153.9% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €29,463 | €103,644 | +€74,181 | +251.8% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Distributable reserves | 133 | €27,588 | €101,769 | +€74,181 | +268.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €51,923 | €83,417 | +€31,494 | +60.7% |
| Amounts payable within one year | 42/48 | €51,923 | €83,417 | +€31,494 | +60.7% |
| Trade debts | 44 | €559 | €5,252 | +€4,693 | +838.8% |
| Suppliers | 440/4 | €559 | €5,252 | +€4,693 | +838.8% |
| Taxes, remuneration and social security | 45 | €8,673 | €33,668 | +€24,995 | +288.2% |
| Taxes | 450/3 | €8,673 | €33,668 | +€24,995 | +288.2% |
| Other amounts payable | 47/48 | €42,690 | €44,496 | +€1,806 | +4.2% |
| Remuneration, social security and pensions | 62 | €600 | €1,350 | +€750 | +125.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,012 | €1,610 | -€403 | -20.0% |
| Other operating charges | 640/8 | €377 | €630 | +€253 | +67.1% |
| Gross operating margin | 9900 | €68,149 | €144,083 | +€75,934 | +111.4% |
| Operating profit (loss) | 9901 | €65,160 | €140,494 | +€75,334 | +115.6% |
| Financial income | 75/76B | €0 | €1,195 | +€1,194 | +254061.7% |
| Recurring financial income | 75 | €0 | €1,195 | +€1,194 | +254061.7% |
| Financial charges | 65/66B | €84 | €252 | +€168 | +200.5% |
| Recurring financial charges | 65 | €84 | €252 | +€168 | +200.5% |
| Profit (loss) for the period before taxes | 9903 | €65,076 | €141,436 | +€76,359 | +117.3% |
| Income taxes | 67/77 | €8,659 | €31,255 | +€22,596 | +261.0% |
| Profit (loss) for the period | 9904 | €56,418 | €110,181 | +€53,763 | +95.3% |
| Profit (loss) for the period to be appropriated | 9905 | €56,418 | €110,181 | +€53,763 | +95.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.