SAIVE IMMO: 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.
SAIVE IMMO
Largest movements
- Receivables within one year -€211,325
down €211,325 (-7.1%), from €3.0m to €2.8m
of which Other amounts receivable: -€211,325
- Stocks and contracts -€189,209
down €189,209 (-15.5%), from €1.2m to €1.0m
- Debts after one year -€998,070
down €998,070 (-39.9%), from €2.5m to €1.5m
- Other debts +€425,009
up €425,009 (+28.3%), from €1.5m to €1.9m
- Profit (loss) carried forward +€274,786
up €274,786 (+301.1%), from €91,246 to €366,032
- Accrued charges and deferred income -€68,957
down €68,957 (-99.9%), from €69,042 to €84
- Gross operating margin +€235,689
up €235,689 (+486.9%), from €48,410 to €284,099
- Taxes +€19,272
up €19,272 (+310.9%), from €6,198 to €25,471
- Financial charges +€4,144
up €4,144 (+11.8%), from €35,256 to €39,400
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.
Cash bridge derived
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 | €4,203,449 | €3,837,160 | -€366,289 | -8.7% |
| Fixed assets | 21/28 | €5,000 | €5,000 | = | 0.0% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €4,198,449 | €3,832,160 | -€366,289 | -8.7% |
| Stocks and contracts in progress | 3 | €1,220,424 | €1,031,215 | -€189,209 | -15.5% |
| Stocks | 30/36 | €1,220,424 | €1,031,215 | -€189,209 | -15.5% |
| Amounts receivable within one year | 40/41 | €2,977,727 | €2,766,402 | -€211,325 | -7.1% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €2,977,727 | €2,766,402 | -€211,325 | -7.1% |
| Cash at bank and in hand | 54/58 | €298 | €34,544 | +€34,246 | +11480.2% |
| Deferred charges and accrued income | 490/1 | €0 | €0 | = | |
| Total equity and liabilities | 10/49 | €4,203,449 | €3,837,160 | -€366,289 | -8.7% |
| Equity | 10/15 | €102,246 | €377,032 | +€274,786 | +268.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,246 | €366,032 | +€274,786 | +301.1% |
| Amounts payable | 17/49 | €4,101,203 | €3,460,128 | -€641,075 | -15.6% |
| Amounts payable after more than one year | 17 | €2,501,000 | €1,502,930 | -€998,070 | -39.9% |
| Financial debts | 170/4 | €2,501,000 | €1,502,930 | -€998,070 | -39.9% |
| Amounts payable within one year | 42/48 | €1,531,161 | €1,957,113 | +€425,952 | +27.8% |
| Trade debts | 44 | €29,502 | €30,445 | +€943 | +3.2% |
| Suppliers | 440/4 | €29,502 | €30,445 | +€943 | +3.2% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €1,501,660 | €1,926,669 | +€425,009 | +28.3% |
| Accrued charges and deferred income | 492/3 | €69,042 | €84 | -€68,957 | -99.9% |
| Other operating charges | 640/8 | €1,409 | €1,218 | -€191 | -13.5% |
| Gross operating margin | 9900 | €48,410 | €284,099 | +€235,689 | +486.9% |
| Operating profit (loss) | 9901 | €47,001 | €282,880 | +€235,879 | +501.9% |
| Financial income | 75/76B | €58,619 | €56,777 | -€1,843 | -3.1% |
| Recurring financial income | 75 | €58,619 | €56,777 | -€1,843 | -3.1% |
| Financial charges | 65/66B | €35,256 | €39,400 | +€4,144 | +11.8% |
| Recurring financial charges | 65 | €35,256 | €39,400 | +€4,144 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | €70,364 | €300,257 | +€229,893 | +326.7% |
| Income taxes | 67/77 | €6,198 | €25,471 | +€19,272 | +310.9% |
| Profit (loss) for the period | 9904 | €64,166 | €274,786 | +€210,620 | +328.2% |
| Profit (loss) for the period to be appropriated | 9905 | €64,166 | €274,786 | +€210,620 | +328.2% |
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 12 October 2026 via checked.be.