FESTRA: 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.
FESTRA
Largest movements
- Receivables within one year +€17,910
up €17,910 (+22.6%), from €79,161 to €97,071
of which Other amounts receivable: +€67,397
- Deferred charges and accrued income -€14,173
no longer reported in 2025 (was €14,173)
- Cash -€4,289
down €4,289 (-69.0%), from €6,217 to €1,927
mainly Trade debts (-€24,050) and Receivables within one year (-€17,910)
- Stocks and contracts +€3,366
up €3,366 (+12.8%), from €26,240 to €29,606
- Financial fixed assets -€1,700
down €1,700 (-55.9%), from €3,040 to €1,340
- Other debts +€30,700
up €30,700 (+130%), from €23,660 to €54,360
- Trade debts -€24,050
down €24,050 (-41.0%), from €58,612 to €34,562
- Advances received -€8,500
no longer reported in 2025 (was €8,500)
- Profit (loss) carried forward +€2,190
up €2,190 (+12.6%), from €17,440 to €19,630
- Gross operating margin -€22,253
down €22,253 (-34.5%), from €64,558 to €42,305
- Staff costs -€19,442
down €19,442 (-35.8%), from €54,280 to €34,837
- Other operating charges +€1,664
up €1,664 (+651%), from €256 to €1,920
- Taxes -€751
down €751 (-41.9%), from €1,790 to €1,040
- Depreciation -€737
down €737 (-33.0%), from €2,237 to €1,500
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 | €130,861 | €130,474 | -€386 | -0.3% |
| Fixed assets | 21/28 | €5,070 | €1,870 | -€3,200 | -63.1% |
| Tangible fixed assets | 22/27 | €2,030 | €530 | -€1,500 | -73.9% |
| Furniture and vehicles | 24 | €2,030 | €530 | -€1,500 | -73.9% |
| Financial fixed assets | 28 | €3,040 | €1,340 | -€1,700 | -55.9% |
| Current assets | 29/58 | €125,791 | €128,604 | +€2,814 | +2.2% |
| Stocks and contracts in progress | 3 | €26,240 | €29,606 | +€3,366 | +12.8% |
| Stocks | 30/36 | €26,240 | €29,606 | +€3,366 | +12.8% |
| Amounts receivable within one year | 40/41 | €79,161 | €97,071 | +€17,910 | +22.6% |
| Trade receivables | 40 | €70,161 | €20,674 | -€49,487 | -70.5% |
| Other amounts receivable | 41 | €9,000 | €76,397 | +€67,397 | +749% |
| Cash at bank and in hand | 54/58 | €6,217 | €1,927 | -€4,289 | -69.0% |
| Deferred charges and accrued income | 490/1 | €14,173 | - | -€14,173 | |
| Total equity and liabilities | 10/49 | €130,861 | €130,474 | -€386 | -0.3% |
| Equity | 10/15 | €23,640 | €25,830 | +€2,190 | +9.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,440 | €19,630 | +€2,190 | +12.6% |
| Amounts payable | 17/49 | €107,220 | €104,644 | -€2,576 | -2.4% |
| Amounts payable within one year | 42/48 | €107,220 | €104,644 | -€2,576 | -2.4% |
| Trade debts | 44 | €58,612 | €34,562 | -€24,050 | -41.0% |
| Suppliers | 440/4 | €58,612 | €34,562 | -€24,050 | -41.0% |
| Advances received on contracts in progress | 46 | €8,500 | - | -€8,500 | |
| Taxes, remuneration and social security | 45 | €16,448 | €15,722 | -€726 | -4.4% |
| Taxes | 450/3 | €6,599 | €3,124 | -€3,475 | -52.7% |
| Remuneration and social security | 454/9 | €9,849 | €12,598 | +€2,749 | +27.9% |
| Other amounts payable | 47/48 | €23,660 | €54,360 | +€30,700 | +130% |
| Remuneration, social security and pensions | 62 | €54,280 | €34,837 | -€19,442 | -35.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,237 | €1,500 | -€737 | -33.0% |
| Other operating charges | 640/8 | €256 | €1,920 | +€1,664 | +651% |
| Gross operating margin | 9900 | €64,558 | €42,305 | -€22,253 | -34.5% |
| Operating profit (loss) | 9901 | €7,785 | €4,048 | -€3,737 | -48.0% |
| Financial income | 75/76B | - | €11 | +€11 | |
| Recurring financial income | 75 | - | €11 | +€11 | |
| Financial charges | 65/66B | €309 | €830 | +€522 | +169% |
| Recurring financial charges | 65 | €309 | €830 | +€522 | +169% |
| Profit (loss) for the period before taxes | 9903 | €7,477 | €3,229 | -€4,247 | -56.8% |
| Income taxes | 67/77 | €1,790 | €1,040 | -€751 | -41.9% |
| Profit (loss) for the period | 9904 | €5,686 | €2,190 | -€3,497 | -61.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,686 | €2,190 | -€3,497 | -61.5% |
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 13 October 2026 via checked.be.