Festwood: 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.
Festwood
Largest movements
- Stocks and contracts +€3,400
new in 2025: €3,400
- Intangible fixed assets +€2,638
new in 2025: €2,638
- Cash -€2,436
down €2,436 (-25.2%), from €9,654 to €7,218
mainly Other debts (-€4,261) and Stocks and contracts (-€3,400)
- Receivables within one year +€1,129
up €1,129 (+5.2%), from €21,889 to €23,018
of which Trade receivables: +€3,189
- Deferred charges and accrued income +€938
new in 2025: €938
- Other debts -€4,261
down €4,261 (-37.6%), from €11,340 to €7,080
- Profit (loss) carried forward +€4,215
up €4,215 (+31.8%), from €13,235 to €17,450
- Trade debts +€3,652
up €3,652 (+201%), from €1,819 to €5,471
- Tax, wage and social debts +€1,414
up €1,414 (+42.4%), from €3,333 to €4,747
of which Remuneration and social security: +€2,460
- Gross operating margin -€9,276
down €9,276 (-58.4%), from €15,888 to €6,612
- Taxes -€2,279
down €2,279 (-68.4%), from €3,333 to €1,054
- Financial income -€1,952
down €1,952 (-98.8%), from €1,976 to €23
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 | €32,726 | €37,747 | +€5,021 | +15.3% |
| Formation expenses | 20 | €324 | - | -€324 | |
| Fixed assets | 21/28 | €859 | €3,172 | +€2,313 | +269% |
| Intangible fixed assets | 21 | - | €2,638 | +€2,638 | |
| Tangible fixed assets | 22/27 | €859 | €534 | -€325 | -37.8% |
| Plant, machinery and equipment | 23 | €859 | €534 | -€325 | -37.8% |
| Current assets | 29/58 | €31,543 | €34,574 | +€3,031 | +9.6% |
| Stocks and contracts in progress | 3 | - | €3,400 | +€3,400 | |
| Stocks | 30/36 | - | €3,400 | +€3,400 | |
| Amounts receivable within one year | 40/41 | €21,889 | €23,018 | +€1,129 | +5.2% |
| Trade receivables | 40 | €18,555 | €21,744 | +€3,189 | +17.2% |
| Other amounts receivable | 41 | €3,334 | €1,274 | -€2,059 | -61.8% |
| Cash at bank and in hand | 54/58 | €9,654 | €7,218 | -€2,436 | -25.2% |
| Deferred charges and accrued income | 490/1 | - | €938 | +€938 | |
| Total equity and liabilities | 10/49 | €32,726 | €37,747 | +€5,021 | +15.3% |
| Equity | 10/15 | €16,235 | €20,450 | +€4,215 | +26.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,235 | €17,450 | +€4,215 | +31.8% |
| Amounts payable | 17/49 | €16,492 | €17,297 | +€805 | +4.9% |
| Amounts payable within one year | 42/48 | €16,492 | €17,297 | +€805 | +4.9% |
| Trade debts | 44 | €1,819 | €5,471 | +€3,652 | +201% |
| Suppliers | 440/4 | €1,819 | €5,471 | +€3,652 | +201% |
| Taxes, remuneration and social security | 45 | €3,333 | €4,747 | +€1,414 | +42.4% |
| Taxes | 450/3 | €3,333 | €2,287 | -€1,046 | -31.4% |
| Remuneration and social security | 454/9 | - | €2,460 | +€2,460 | |
| Other amounts payable | 47/48 | €11,340 | €7,080 | -€4,261 | -37.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,088 | €1,131 | +€43 | +3.9% |
| Other operating charges | 640/8 | €149 | €149 | = | 0.0% |
| Gross operating margin | 9900 | €15,888 | €6,612 | -€9,276 | -58.4% |
| Operating profit (loss) | 9901 | €14,652 | €5,333 | -€9,319 | -63.6% |
| Financial income | 75/76B | €1,976 | €23 | -€1,952 | -98.8% |
| Recurring financial income | 75 | €1,976 | €23 | -€1,952 | -98.8% |
| Financial charges | 65/66B | €60 | €87 | +€28 | +46.1% |
| Recurring financial charges | 65 | €60 | €87 | +€28 | +46.1% |
| Profit (loss) for the period before taxes | 9903 | €16,567 | €5,269 | -€11,298 | -68.2% |
| Income taxes | 67/77 | €3,333 | €1,054 | -€2,279 | -68.4% |
| Profit (loss) for the period | 9904 | €13,235 | €4,215 | -€9,019 | -68.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,235 | €4,215 | -€9,019 | -68.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.