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Sarivan: what changed

Two fiscal 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.

What changed

Sarivan

BE 0842.463.509
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€6,230
2023 · €9,695-€3,465
Equity
€60,739
2023 · €78,509-€17,770
Cash
€0
2023 · €27,387-€27,387
Balance sheet total
€74,469
2023 · €103,407-€28,939

Largest movements

2023 to 2024
Assets
  • Cash -€27,387

    down €27,387 (-100.0%), from €27,387 to €0

    mainly Current investments (-€25,261) and Contributions, distributions and other (-€24,000)

  • Current investments +€25,261

    new in 2024: €25,261

  • Tangible fixed assets -€14,100

    down €14,100 (-53.3%), from €26,438 to €12,338

  • Receivables within one year -€11,224

    down €11,224 (-29.2%), from €38,437 to €27,213

  • Deferred charges and accrued income -€1,489

    down €1,489 (-13.4%), from €11,147 to €9,657

Equity and liabilities
  • Reserves -€12,770

    down €12,770 (-18.1%), from €70,449 to €57,679

  • Debts after one year -€10,838

    no longer reported in 2024 (was €10,838)

  • Contributions -€5,000

    down €5,000 (-62.0%), from €8,060 to €3,060

  • Short-term financial debts +€1,496

    new in 2024: €1,496

Income statement
  • Gross operating margin -€4,743

    down €4,743 (-17.1%), from €27,764 to €23,022

  • Taxes -€806

    down €806 (-16.7%), from €4,819 to €4,013

  • Financial income +€314

    up €314 (+15.6%), from €2,015 to €2,329

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €9,695
Gross operating margin -€4,743
Other operating charges -€25
Financial income +€314
Financial charges +€183
Taxes +€806
Result 2024 €6,230

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€32,096
Investment -€25,261
Financing -€34,222
Cash 2023 €27,387
Net result for the year +€6,230
Depreciation +€14,100
Receivables within one year +€11,224
Deferred charges and accrued income +€1,489
Trade debts -€946
Current investments -€25,261
Debts after one year -€10,838
Current portion of long-term debt -€879
Short-term financial debts +€1,496
Contributions, distributions and other -€24,000
Cash 2024 €0
Every line side by side 38 lines
Line Code 2023 2024 Change %
Total assets 20/58 €103,407 €74,469 -€28,939 -28.0%
Fixed assets 21/28 €26,438 €12,338 -€14,100 -53.3%
Tangible fixed assets 22/27 €26,438 €12,338 -€14,100 -53.3%
Furniture and vehicles 24 €26,438 €12,338 -€14,100 -53.3%
Current assets 29/58 €76,970 €62,131 -€14,839 -19.3%
Amounts receivable within one year 40/41 €38,437 €27,213 -€11,224 -29.2%
Other amounts receivable 41 €38,437 €27,213 -€11,224 -29.2%
Current investments 50/53 - €25,261 +€25,261
Cash at bank and in hand 54/58 €27,387 €0 -€27,387 -100.0%
Deferred charges and accrued income 490/1 €11,147 €9,657 -€1,489 -13.4%
Total equity and liabilities 10/49 €103,407 €74,469 -€28,939 -28.0%
Equity 10/15 €78,509 €60,739 -€17,770 -22.6%
Contributions 10/11 €8,060 €3,060 -€5,000 -62.0%
Reserves 13 €70,449 €57,679 -€12,770 -18.1%
Distributable reserves 133 €70,449 €57,679 -€12,770 -18.1%
Amounts payable 17/49 €24,898 €13,729 -€11,169 -44.9%
Amounts payable after more than one year 17 €10,838 - -€10,838
Financial debts 170/4 €10,838 - -€10,838
Amounts payable within one year 42/48 €14,060 €13,729 -€330 -2.3%
Current portion of amounts payable after more than one year 42 €11,718 €10,838 -€879 -7.5%
Financial debts 43 - €1,496 +€1,496
Credit institutions 430/8 - €1,496 +€1,496
Trade debts 44 €1,392 €446 -€946 -68.0%
Suppliers 440/4 €1,392 €446 -€946 -68.0%
Taxes, remuneration and social security 45 €950 €950 = 0.0%
Taxes 450/3 €950 €950 = 0.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €14,100 €14,100 = 0.0%
Other operating charges 640/8 €509 €534 +€25 +4.9%
Gross operating margin 9900 €27,764 €23,022 -€4,743 -17.1%
Operating profit (loss) 9901 €13,155 €8,387 -€4,768 -36.2%
Financial income 75/76B €2,015 €2,329 +€314 +15.6%
Recurring financial income 75 €2,015 €2,329 +€314 +15.6%
Financial charges 65/66B €656 €473 -€183 -27.9%
Recurring financial charges 65 €656 €473 -€183 -27.9%
Profit (loss) for the period before taxes 9903 €14,514 €10,243 -€4,271 -29.4%
Income taxes 67/77 €4,819 €4,013 -€806 -16.7%
Profit (loss) for the period 9904 €9,695 €6,230 -€3,465 -35.7%
Profit (loss) for the period to be appropriated 9905 €9,695 €6,230 -€3,465 -35.7%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.