HET FEESTKASTEEL: 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.
HET FEESTKASTEEL
Largest movements
- Tangible fixed assets -€35,973
down €35,973 (-6.5%), from €555,960 to €519,987
of which Land and buildings: -€19,595
- Cash +€25,805
up €25,805 (+203%), from €12,689 to €38,495
mainly Depreciation (+€49,121) and Accrued charges and deferred income (+€15,661)
- Debts after one year -€32,006
down €32,006 (-10.3%), from €311,494 to €279,488
- Accrued charges and deferred income +€15,661
up €15,661 (+70.4%), from €22,244 to €37,905
- Profit (loss) carried forward +€15,163
up €15,163 (+31.5%), from -€48,137 to -€32,975
- Short-term financial debts -€10,000
down €10,000 (-9.1%), from €110,000 to €100,000
- Current portion of long-term debt -€9,305
down €9,305 (-22.5%), from €41,311 to €32,006
- Staff costs +€23,998
up €23,998 (+65.2%), from €36,800 to €60,798
- Gross operating margin +€13,202
up €13,202 (+9.7%), from €135,557 to €148,760
- Financial charges +€1,630
up €1,630 (+10.6%), from €15,442 to €17,073
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 | €610,194 | €596,681 | -€13,513 | -2.2% |
| Fixed assets | 21/28 | €556,210 | €520,237 | -€35,973 | -6.5% |
| Tangible fixed assets | 22/27 | €555,960 | €519,987 | -€35,973 | -6.5% |
| Land and buildings | 22 | €465,970 | €446,376 | -€19,595 | -4.2% |
| Plant, machinery and equipment | 23 | €89,440 | €71,986 | -€17,454 | -19.5% |
| Furniture and vehicles | 24 | €549 | €1,625 | +€1,075 | +196% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €53,984 | €76,445 | +€22,461 | +41.6% |
| Amounts receivable within one year | 40/41 | €40,079 | €36,687 | -€3,392 | -8.5% |
| Trade receivables | 40 | €40,079 | €36,686 | -€3,394 | -8.5% |
| Other amounts receivable | 41 | - | €2 | +€2 | |
| Cash at bank and in hand | 54/58 | €12,689 | €38,495 | +€25,805 | +203% |
| Deferred charges and accrued income | 490/1 | €1,215 | €1,263 | +€47 | +3.9% |
| Total equity and liabilities | 10/49 | €610,194 | €596,681 | -€13,513 | -2.2% |
| Equity | 10/15 | €44,996 | €60,159 | +€15,163 | +33.7% |
| Contributions | 10/11 | €92,764 | €92,764 | = | 0.0% |
| Reserves | 13 | €369 | €369 | = | 0.0% |
| Non-distributable reserves | 130/1 | €369 | €369 | = | 0.0% |
| Reserves not available under the articles | 1311 | €369 | €369 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,137 | -€32,975 | +€15,163 | +31.5% |
| Amounts payable | 17/49 | €565,198 | €536,522 | -€28,675 | -5.1% |
| Amounts payable after more than one year | 17 | €311,494 | €279,488 | -€32,006 | -10.3% |
| Financial debts | 170/4 | €311,494 | €279,488 | -€32,006 | -10.3% |
| Amounts payable within one year | 42/48 | €231,460 | €219,130 | -€12,330 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €41,311 | €32,006 | -€9,305 | -22.5% |
| Financial debts | 43 | €110,000 | €100,000 | -€10,000 | -9.1% |
| Other loans | 439 | €110,000 | €100,000 | -€10,000 | -9.1% |
| Trade debts | 44 | €4,672 | €5,515 | +€844 | +18.1% |
| Suppliers | 440/4 | €4,672 | €5,515 | +€844 | +18.1% |
| Taxes, remuneration and social security | 45 | €8,587 | €15,340 | +€6,753 | +78.6% |
| Taxes | 450/3 | €3,293 | €6,657 | +€3,364 | +102% |
| Remuneration and social security | 454/9 | €5,294 | €8,683 | +€3,388 | +64.0% |
| Other amounts payable | 47/48 | €66,891 | €66,269 | -€622 | -0.9% |
| Accrued charges and deferred income | 492/3 | €22,244 | €37,905 | +€15,661 | +70.4% |
| Remuneration, social security and pensions | 62 | €36,800 | €60,798 | +€23,998 | +65.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,326 | €49,121 | -€1,204 | -2.4% |
| Other operating charges | 640/8 | €5,398 | €6,611 | +€1,213 | +22.5% |
| Gross operating margin | 9900 | €135,557 | €148,760 | +€13,202 | +9.7% |
| Operating profit (loss) | 9901 | €43,034 | €32,230 | -€10,804 | -25.1% |
| Financial income | 75/76B | €16 | €5 | -€11 | -66.5% |
| Recurring financial income | 75 | €16 | €5 | -€11 | -66.5% |
| Financial charges | 65/66B | €15,442 | €17,073 | +€1,630 | +10.6% |
| Recurring financial charges | 65 | €15,442 | €17,073 | +€1,630 | +10.6% |
| Profit (loss) for the period before taxes | 9903 | €27,608 | €15,163 | -€12,445 | -45.1% |
| Profit (loss) for the period | 9904 | €27,608 | €15,163 | -€12,445 | -45.1% |
| Profit (loss) for the period to be appropriated | 9905 | €27,608 | €15,163 | -€12,445 | -45.1% |
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 30 October 2026 via checked.be.