Festor: 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.
Festor
Largest movements
- Receivables within one year +€53,479
up €53,479 (+89.8%), from €59,550 to €113,028
of which Trade receivables: +€53,005
- Tangible fixed assets +€15,526
up €15,526 (+16.1%), from €96,486 to €112,013
of which Plant, machinery and equipment: +€20,991
- Deferred charges and accrued income -€8,653
down €8,653 (-77.5%), from €11,170 to €2,517
- Trade debts +€26,152
up €26,152 (+28.0%), from €93,257 to €119,408
- Tax, wage and social debts +€23,519
up €23,519 (+195.6%), from €12,025 to €35,544
of which Remuneration and social security: +€13,557
- Short-term financial debts +€18,411
new in 2025: €18,411
- Debts after one year -€6,367
down €6,367 (-29.2%), from €21,841 to €15,474
- Other debts -€3,097
down €3,097 (-91.3%), from €3,390 to €294
- Gross operating margin +€84,161
up €84,161 (+249.5%), from €33,732 to €117,893
- Staff costs +€55,748
up €55,748, from €0 to €55,748
- Taxes +€19,904
up €19,904, from -€688 to €19,217
- Depreciation +€12,357
up €12,357 (+56.1%), from €22,022 to €34,379
- Financial charges +€4,303
up €4,303 (+606.9%), from €709 to €5,012
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 | €194,402 | €256,140 | +€61,738 | +31.8% |
| Fixed assets | 21/28 | €110,652 | €128,263 | +€17,611 | +15.9% |
| Intangible fixed assets | 21 | €6,148 | €8,233 | +€2,085 | +33.9% |
| Tangible fixed assets | 22/27 | €96,486 | €112,013 | +€15,526 | +16.1% |
| Plant, machinery and equipment | 23 | €84,107 | €105,098 | +€20,991 | +25.0% |
| Furniture and vehicles | 24 | €12,379 | €6,915 | -€5,464 | -44.1% |
| Financial fixed assets | 28 | €8,017 | €8,017 | = | 0.0% |
| Current assets | 29/58 | €83,750 | €127,876 | +€44,127 | +52.7% |
| Stocks and contracts in progress | 3 | €10,000 | €10,000 | = | 0.0% |
| Stocks | 30/36 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €59,550 | €113,028 | +€53,479 | +89.8% |
| Trade receivables | 40 | €59,328 | €112,334 | +€53,005 | +89.3% |
| Other amounts receivable | 41 | €221 | €695 | +€474 | +214.2% |
| Cash at bank and in hand | 54/58 | €3,030 | €2,331 | -€699 | -23.1% |
| Deferred charges and accrued income | 490/1 | €11,170 | €2,517 | -€8,653 | -77.5% |
| Total equity and liabilities | 10/49 | €194,402 | €256,140 | +€61,738 | +31.8% |
| Equity | 10/15 | €57,735 | €60,642 | +€2,907 | +5.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €37,531 | €37,531 | = | 0.0% |
| Distributable reserves | 133 | €37,531 | €37,531 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,204 | €13,112 | +€2,907 | +28.5% |
| Amounts payable | 17/49 | €136,667 | €195,497 | +€58,831 | +43.0% |
| Amounts payable after more than one year | 17 | €21,841 | €15,474 | -€6,367 | -29.2% |
| Financial debts | 170/4 | €21,841 | €15,474 | -€6,367 | -29.2% |
| Amounts payable within one year | 42/48 | €114,826 | €180,023 | +€65,198 | +56.8% |
| Current portion of amounts payable after more than one year | 42 | €6,153 | €6,367 | +€214 | +3.5% |
| Financial debts | 43 | - | €18,411 | +€18,411 | |
| Credit institutions | 430/8 | - | €18,411 | +€18,411 | |
| Trade debts | 44 | €93,257 | €119,408 | +€26,152 | +28.0% |
| Suppliers | 440/4 | €93,257 | €119,408 | +€26,152 | +28.0% |
| Taxes, remuneration and social security | 45 | €12,025 | €35,544 | +€23,519 | +195.6% |
| Taxes | 450/3 | €9,775 | €19,737 | +€9,962 | +101.9% |
| Remuneration and social security | 454/9 | €2,250 | €15,807 | +€13,557 | +602.5% |
| Other amounts payable | 47/48 | €3,390 | €294 | -€3,097 | -91.3% |
| Remuneration, social security and pensions | 62 | €0 | €55,748 | +€55,748 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,022 | €34,379 | +€12,357 | +56.1% |
| Other operating charges | 640/8 | €1,484 | €1,521 | +€37 | +2.5% |
| Gross operating margin | 9900 | €33,732 | €117,893 | +€84,161 | +249.5% |
| Operating profit (loss) | 9901 | €10,226 | €26,245 | +€16,019 | +156.7% |
| Financial income | 75/76B | €0 | €892 | +€892 | |
| Recurring financial income | 75 | €0 | €892 | +€892 | |
| Financial charges | 65/66B | €709 | €5,012 | +€4,303 | +606.9% |
| Recurring financial charges | 65 | €709 | €5,012 | +€4,303 | +606.9% |
| Profit (loss) for the period before taxes | 9903 | €9,517 | €22,124 | +€12,607 | +132.5% |
| Income taxes | 67/77 | -€688 | €19,217 | +€19,904 | |
| Profit (loss) for the period | 9904 | €10,204 | €2,907 | -€7,297 | -71.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,204 | €2,907 | -€7,297 | -71.5% |
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 7 October 2026 via checked.be.