DE SAVEUR J& L: 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.
DE SAVEUR J& L
Largest movements
- Receivables within one year -€8,175
down €8,175 (-44.8%), from €18,247 to €10,072
of which Trade receivables: -€6,687
- Tangible fixed assets -€5,049
down €5,049 (-25.6%), from €19,693 to €14,644
of which Land and buildings: -€4,570
- Reserves -€10,000
down €10,000 (-50.5%), from €19,800 to €9,800
- Other debts -€2,414
down €2,414 (-16.3%), from €14,813 to €12,399
- Gross operating margin -€260
down €260 (-3.5%), from €7,433 to €7,173
- Taxes +€223
up €223 (+81.4%), from €274 to €497
- Financial income -€93
down €93 (-17.2%), from €540 to €447
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 | €109,944 | €97,789 | -€12,155 | -11.1% |
| Fixed assets | 21/28 | €19,693 | €14,644 | -€5,049 | -25.6% |
| Tangible fixed assets | 22/27 | €19,693 | €14,644 | -€5,049 | -25.6% |
| Land and buildings | 22 | €19,027 | €14,457 | -€4,570 | -24.0% |
| Plant, machinery and equipment | 23 | €666 | €187 | -€479 | -71.9% |
| Current assets | 29/58 | €90,251 | €83,145 | -€7,106 | -7.9% |
| Stocks and contracts in progress | 3 | €2,639 | €2,956 | +€317 | +12.0% |
| Stocks | 30/36 | €2,639 | €2,956 | +€317 | +12.0% |
| Amounts receivable within one year | 40/41 | €18,247 | €10,072 | -€8,175 | -44.8% |
| Trade receivables | 40 | €16,759 | €10,072 | -€6,687 | -39.9% |
| Other amounts receivable | 41 | €1,488 | - | -€1,488 | |
| Cash at bank and in hand | 54/58 | €69,365 | €70,117 | +€752 | +1.1% |
| Total equity and liabilities | 10/49 | €109,944 | €97,789 | -€12,155 | -11.1% |
| Equity | 10/15 | €82,249 | €72,276 | -€9,973 | -12.1% |
| Contributions | 10/11 | €46,000 | €46,000 | = | 0.0% |
| Reserves | 13 | €19,800 | €9,800 | -€10,000 | -50.5% |
| Distributable reserves | 133 | €19,800 | €9,800 | -€10,000 | -50.5% |
| Profit (loss) carried forward | 14 | €16,449 | €16,476 | +€27 | +0.2% |
| Amounts payable | 17/49 | €27,695 | €25,513 | -€2,182 | -7.9% |
| Amounts payable within one year | 42/48 | €27,695 | €25,513 | -€2,182 | -7.9% |
| Financial debts | 43 | €10,000 | €10,000 | = | 0.0% |
| Other loans | 439 | €10,000 | €10,000 | = | 0.0% |
| Trade debts | 44 | €1,832 | €2,566 | +€734 | +40.1% |
| Suppliers | 440/4 | €1,832 | €2,566 | +€734 | +40.1% |
| Taxes, remuneration and social security | 45 | €1,050 | €548 | -€502 | -47.8% |
| Taxes | 450/3 | €1,050 | €548 | -€502 | -47.8% |
| Other amounts payable | 47/48 | €14,813 | €12,399 | -€2,414 | -16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,049 | €5,049 | = | 0.0% |
| Other operating charges | 640/8 | €1,041 | €1,022 | -€19 | -1.8% |
| Gross operating margin | 9900 | €7,433 | €7,173 | -€260 | -3.5% |
| Operating profit (loss) | 9901 | €1,343 | €1,102 | -€241 | -17.9% |
| Financial income | 75/76B | €540 | €447 | -€93 | -17.2% |
| Recurring financial income | 75 | €540 | €447 | -€93 | -17.2% |
| Financial charges | 65/66B | €99 | €125 | +€26 | +26.3% |
| Recurring financial charges | 65 | €99 | €125 | +€26 | +26.3% |
| Profit (loss) for the period before taxes | 9903 | €1,784 | €1,424 | -€360 | -20.2% |
| Income taxes | 67/77 | €274 | €497 | +€223 | +81.4% |
| Profit (loss) for the period | 9904 | €1,510 | €927 | -€583 | -38.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,510 | €927 | -€583 | -38.6% |
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.