An Saveyn: 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.
An Saveyn
Largest movements
- Current investments +€95,000
up €95,000 (+76.0%), from €125,000 to €220,000
- Receivables within one year +€50,198
up €50,198 (+432%), from €11,629 to €61,827
of which Trade receivables: +€50,198
- Cash -€39,358
down €39,358 (-54.1%), from €72,807 to €33,448
mainly Current investments (-€95,000) and Receivables within one year (-€50,198)
- Reserves +€101,041
up €101,041 (+57.3%), from €176,407 to €277,447
of which Distributable reserves: +€101,041
- Tax, wage and social debts +€13,646
up €13,646 (+48.6%), from €28,091 to €41,736
- Other debts -€9,606
down €9,606 (-79.0%), from €12,153 to €2,547
- Gross operating margin -€14,323
down €14,323 (-10.0%), from €143,766 to €129,443
- Financial income +€3,875
up €3,875 (+38,750,100%), from €0 to €3,875
- Taxes -€2,169
down €2,169 (-7.2%), from €30,090 to €27,921
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 | €222,420 | €326,752 | +€104,331 | +46.9% |
| Fixed assets | 21/28 | €12,984 | €11,342 | -€1,643 | -12.7% |
| Tangible fixed assets | 22/27 | €12,984 | €11,342 | -€1,643 | -12.7% |
| Plant, machinery and equipment | 23 | €3,584 | €2,573 | -€1,011 | -28.2% |
| Furniture and vehicles | 24 | €6,143 | €6,307 | +€164 | +2.7% |
| Other tangible fixed assets | 26 | €3,257 | €2,462 | -€795 | -24.4% |
| Current assets | 29/58 | €209,436 | €315,410 | +€105,974 | +50.6% |
| Amounts receivable within one year | 40/41 | €11,629 | €61,827 | +€50,198 | +432% |
| Trade receivables | 40 | €11,625 | €61,823 | +€50,198 | +432% |
| Other amounts receivable | 41 | €4 | €5 | +€0 | +3.4% |
| Current investments | 50/53 | €125,000 | €220,000 | +€95,000 | +76.0% |
| Cash at bank and in hand | 54/58 | €72,807 | €33,448 | -€39,358 | -54.1% |
| Deferred charges and accrued income | 490/1 | - | €134 | +€134 | |
| Total equity and liabilities | 10/49 | €222,420 | €326,752 | +€104,331 | +46.9% |
| Equity | 10/15 | €181,407 | €282,447 | +€101,041 | +55.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €176,407 | €277,447 | +€101,041 | +57.3% |
| Tax-exempt reserves | 132 | €42,100 | €42,100 | = | 0.0% |
| Distributable reserves | 133 | €134,307 | €235,347 | +€101,041 | +75.2% |
| Amounts payable | 17/49 | €41,014 | €44,304 | +€3,290 | +8.0% |
| Amounts payable within one year | 42/48 | €41,014 | €44,304 | +€3,290 | +8.0% |
| Trade debts | 44 | €770 | €20 | -€750 | -97.3% |
| Suppliers | 440/4 | €770 | €20 | -€750 | -97.3% |
| Taxes, remuneration and social security | 45 | €28,091 | €41,736 | +€13,646 | +48.6% |
| Taxes | 450/3 | €28,091 | €41,736 | +€13,646 | +48.6% |
| Other amounts payable | 47/48 | €12,153 | €2,547 | -€9,606 | -79.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,546 | €2,773 | +€226 | +8.9% |
| Other operating charges | 640/8 | - | €694 | +€694 | |
| Gross operating margin | 9900 | €143,766 | €129,443 | -€14,323 | -10.0% |
| Operating profit (loss) | 9901 | €141,220 | €125,976 | -€15,243 | -10.8% |
| Financial income | 75/76B | €0 | €3,875 | +€3,875 | +38,750,100% |
| Recurring financial income | 75 | €0 | €3,875 | +€3,875 | +38,750,100% |
| Financial charges | 65/66B | €62 | €56 | -€5 | -8.5% |
| Recurring financial charges | 65 | €62 | €56 | -€5 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €141,158 | €129,795 | -€11,363 | -8.0% |
| Income taxes | 67/77 | €30,090 | €27,921 | -€2,169 | -7.2% |
| Profit (loss) for the period | 9904 | €111,068 | €101,874 | -€9,194 | -8.3% |
| Transfer to tax-exempt reserves | 689 | €42,100 | - | -€42,100 | |
| Profit (loss) for the period to be appropriated | 9905 | €68,968 | €101,874 | +€32,906 | +47.7% |
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 17 October 2026 via checked.be.