Festoo projects: 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.
Festoo projects
Largest movements
- Stocks and contracts -€125,000
no longer reported in 2025 (was €125,000)
- Cash -€77,777
down €77,777 (-43.5%), from €178,805 to €101,028
mainly Other debts (-€145,846) and Net result for the year (-€39,550)
- Deferred charges and accrued income +€15,558
up €15,558 (+347.5%), from €4,478 to €20,036
- Receivables within one year -€9,271
down €9,271 (-40.7%), from €22,792 to €13,521
of which Other amounts receivable: -€19,117
- Tangible fixed assets -€7,067
down €7,067 (-44.7%), from €15,816 to €8,749
- Other debts -€145,846
down €145,846 (-56.2%), from €259,555 to €113,710
- Profit (loss) carried forward -€39,550
down €39,550 (-70.7%), from €55,942 to €16,393
- Trade debts -€18,431
down €18,431 (-63.8%), from €28,894 to €10,462
- Gross operating margin -€329,537
down €329,537, from €303,902 to -€25,635
- Staff costs -€30,065
down €30,065 (-90.6%), from €33,202 to €3,137
- Taxes -€19,341
down €19,341 (-98.6%), from €19,610 to €269
- Depreciation -€6,626
down €6,626 (-48.4%), from €13,694 to €7,067
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 | €346,891 | €143,334 | -€203,557 | -58.7% |
| Fixed assets | 21/28 | €15,816 | €8,749 | -€7,067 | -44.7% |
| Tangible fixed assets | 22/27 | €15,816 | €8,749 | -€7,067 | -44.7% |
| Plant, machinery and equipment | 23 | €5,127 | €3,124 | -€2,003 | -39.1% |
| Furniture and vehicles | 24 | €7,781 | €4,517 | -€3,264 | -42.0% |
| Other tangible fixed assets | 26 | €2,908 | €1,108 | -€1,800 | -61.9% |
| Current assets | 29/58 | €331,075 | €134,585 | -€196,490 | -59.3% |
| Stocks and contracts in progress | 3 | €125,000 | - | -€125,000 | |
| Stocks | 30/36 | €125,000 | - | -€125,000 | |
| Amounts receivable within one year | 40/41 | €22,792 | €13,521 | -€9,271 | -40.7% |
| Trade receivables | 40 | €2,111 | €11,956 | +€9,846 | +466.4% |
| Other amounts receivable | 41 | €20,681 | €1,565 | -€19,117 | -92.4% |
| Cash at bank and in hand | 54/58 | €178,805 | €101,028 | -€77,777 | -43.5% |
| Deferred charges and accrued income | 490/1 | €4,478 | €20,036 | +€15,558 | +347.5% |
| Total equity and liabilities | 10/49 | €346,891 | €143,334 | -€203,557 | -58.7% |
| Equity | 10/15 | €58,442 | €18,893 | -€39,550 | -67.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,942 | €16,393 | -€39,550 | -70.7% |
| Amounts payable | 17/49 | €288,449 | €124,441 | -€164,008 | -56.9% |
| Amounts payable within one year | 42/48 | €288,449 | €124,441 | -€164,008 | -56.9% |
| Trade debts | 44 | €28,894 | €10,462 | -€18,431 | -63.8% |
| Suppliers | 440/4 | €28,894 | €10,462 | -€18,431 | -63.8% |
| Taxes, remuneration and social security | 45 | - | €269 | +€269 | |
| Taxes | 450/3 | - | €269 | +€269 | |
| Other amounts payable | 47/48 | €259,555 | €113,710 | -€145,846 | -56.2% |
| Non-recurring operating income | 76A | €16,000 | - | -€16,000 | |
| Remuneration, social security and pensions | 62 | €33,202 | €3,137 | -€30,065 | -90.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,694 | €7,067 | -€6,626 | -48.4% |
| Other operating charges | 640/8 | €1,549 | €990 | -€560 | -36.1% |
| Gross operating margin | 9900 | €303,902 | -€25,635 | -€329,537 | |
| Operating profit (loss) | 9901 | €255,456 | -€36,830 | -€292,286 | |
| Financial income | 75/76B | €1,203 | €270 | -€934 | -77.6% |
| Recurring financial income | 75 | €1,203 | €270 | -€934 | -77.6% |
| Financial charges | 65/66B | €2,938 | €2,720 | -€218 | -7.4% |
| Recurring financial charges | 65 | €2,938 | €2,720 | -€218 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €253,721 | -€39,280 | -€293,001 | |
| Income taxes | 67/77 | €19,610 | €269 | -€19,341 | -98.6% |
| Profit (loss) for the period | 9904 | €234,111 | -€39,550 | -€273,660 | |
| Profit (loss) for the period to be appropriated | 9905 | €234,111 | -€39,550 | -€273,660 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.