NEW SAVARIN: 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.
NEW SAVARIN
Largest movements
- Receivables within one year +€25,620
up €25,620 (+118%), from €21,762 to €47,382
of which Trade receivables: +€13,295
- Current investments -€16,492
no longer reported in 2023 (was €16,492)
- Cash +€9,085
new in 2023: €9,085
mainly Current investments (+€16,492) and Tax, wage and social debts (+€10,027)
- Tangible fixed assets -€4,760
down €4,760 (-17.4%), from €27,334 to €22,574
- Tax, wage and social debts +€10,027
up €10,027 (+53.1%), from €18,890 to €28,917
of which Taxes: +€10,027
- Trade debts +€2,876
up €2,876 (+311%), from €924 to €3,800
- Gross operating margin -€16,565
down €16,565 (-63.1%), from €26,262 to €9,697
- Staff costs -€15,537
down €15,537 (-92.0%), from €16,887 to €1,350
- Depreciation -€2,398
down €2,398 (-33.5%), from €7,158 to €4,760
- Other operating charges +€785
up €785 (+101%), from €774 to €1,559
- Taxes +€305
new in 2023: €305
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €72,753 | €86,206 | +€13,453 | +18.5% |
| Fixed assets | 21/28 | €34,134 | €29,374 | -€4,760 | -13.9% |
| Tangible fixed assets | 22/27 | €27,334 | €22,574 | -€4,760 | -17.4% |
| Other tangible fixed assets | 26 | €27,334 | €22,574 | -€4,760 | -17.4% |
| Financial fixed assets | 28 | €6,800 | €6,800 | = | 0.0% |
| Current assets | 29/58 | €38,619 | €56,832 | +€18,213 | +47.2% |
| Stocks and contracts in progress | 3 | €365 | €365 | = | 0.0% |
| Stocks | 30/36 | €365 | €365 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €21,762 | €47,382 | +€25,620 | +118% |
| Trade receivables | 40 | €5,096 | €18,391 | +€13,295 | +261% |
| Other amounts receivable | 41 | €16,666 | €28,991 | +€12,325 | +74.0% |
| Current investments | 50/53 | €16,492 | - | -€16,492 | |
| Cash at bank and in hand | 54/58 | - | €9,085 | +€9,085 | |
| Total equity and liabilities | 10/49 | €72,753 | €86,206 | +€13,453 | +18.5% |
| Equity | 10/15 | €8,759 | €9,309 | +€550 | +6.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | - | €18,600 | +€18,600 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Profit (loss) carried forward | 14 | -€9,841 | -€9,291 | +€550 | +5.6% |
| Amounts payable | 17/49 | €63,994 | €76,897 | +€12,903 | +20.2% |
| Amounts payable within one year | 42/48 | €63,994 | €76,897 | +€12,903 | +20.2% |
| Financial debts | 43 | €9 | €9 | = | 0.0% |
| Credit institutions | 430/8 | €9 | €9 | = | 0.0% |
| Trade debts | 44 | €924 | €3,800 | +€2,876 | +311% |
| Suppliers | 440/4 | €924 | €3,800 | +€2,876 | +311% |
| Taxes, remuneration and social security | 45 | €18,890 | €28,917 | +€10,027 | +53.1% |
| Taxes | 450/3 | €18,890 | €28,917 | +€10,027 | +53.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €44,171 | €44,171 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €16,887 | €1,350 | -€15,537 | -92.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,158 | €4,760 | -€2,398 | -33.5% |
| Other operating charges | 640/8 | €774 | €1,559 | +€785 | +101% |
| Gross operating margin | 9900 | €26,262 | €9,697 | -€16,565 | -63.1% |
| Operating profit (loss) | 9901 | €1,443 | €2,028 | +€585 | +40.5% |
| Financial charges | 65/66B | €987 | €1,173 | +€186 | +18.8% |
| Recurring financial charges | 65 | €987 | €1,173 | +€186 | +18.8% |
| Profit (loss) for the period before taxes | 9903 | €456 | €855 | +€399 | +87.5% |
| Income taxes | 67/77 | - | €305 | +€305 | |
| Profit (loss) for the period | 9904 | €456 | €550 | +€94 | +20.6% |
| Profit (loss) for the period to be appropriated | 9905 | €456 | €550 | +€94 | +20.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2022 and 30 September 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.