SARVA: 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.
SARVA
Largest movements
- Receivables within one year -€5,039
down €5,039 (-5.0%), from €101,265 to €96,226
of which Other amounts receivable: -€5,039
- Cash +€3,760
up €3,760 (+8.5%), from €44,492 to €48,252
mainly Net result for the year (+€12,125) and Receivables within one year (+€5,039)
- Profit (loss) carried forward +€12,125
up €12,125 (+42.6%), from €28,464 to €40,589
- Trade debts -€11,220
down €11,220 (-61.9%), from €18,127 to €6,906
- Debts after one year -€4,571
no longer reported in 2025 (was €4,571)
- Other debts +€3,460
up €3,460 (+22.1%), from €15,640 to €19,100
- Gross operating margin +€27,688
up €27,688 (+119.8%), from €23,112 to €50,800
- Provisions +€3,000
no longer reported in 2025 (was -€3,000)
- Staff costs -€1,721
down €1,721 (-6.5%), from €26,676 to €24,954
- Depreciation +€1,679
up €1,679 (+69.7%), from €2,407 to €4,086
- Taxes +€1,177
up €1,177 (+67.8%), from €1,737 to €2,914
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 | €167,462 | €164,441 | -€3,022 | -1.8% |
| Fixed assets | 21/28 | €13,724 | €12,568 | -€1,156 | -8.4% |
| Tangible fixed assets | 22/27 | €12,964 | €11,808 | -€1,156 | -8.9% |
| Furniture and vehicles | 24 | €10,448 | €10,121 | -€327 | -3.1% |
| Other tangible fixed assets | 26 | €2,516 | €1,687 | -€829 | -32.9% |
| Financial fixed assets | 28 | €760 | €760 | = | 0.0% |
| Current assets | 29/58 | €153,739 | €151,873 | -€1,866 | -1.2% |
| Stocks and contracts in progress | 3 | €3,637 | €2,170 | -€1,467 | -40.3% |
| Stocks | 30/36 | €3,637 | €2,170 | -€1,467 | -40.3% |
| Amounts receivable within one year | 40/41 | €101,265 | €96,226 | -€5,039 | -5.0% |
| Trade receivables | 40 | €0 | - | -€0 | |
| Other amounts receivable | 41 | €101,265 | €96,226 | -€5,039 | -5.0% |
| Cash at bank and in hand | 54/58 | €44,492 | €48,252 | +€3,760 | +8.5% |
| Deferred charges and accrued income | 490/1 | €4,344 | €5,225 | +€880 | +20.3% |
| Total equity and liabilities | 10/49 | €167,462 | €164,441 | -€3,022 | -1.8% |
| Equity | 10/15 | €114,099 | €126,224 | +€12,125 | +10.6% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €66,635 | €66,635 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,495 | €7,495 | = | 0.0% |
| Distributable reserves | 133 | €57,240 | €57,240 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,464 | €40,589 | +€12,125 | +42.6% |
| Amounts payable | 17/49 | €53,364 | €38,217 | -€15,146 | -28.4% |
| Amounts payable after more than one year | 17 | €4,571 | - | -€4,571 | |
| Financial debts | 170/4 | €4,571 | - | -€4,571 | |
| Amounts payable within one year | 42/48 | €48,371 | €37,940 | -€10,431 | -21.6% |
| Current portion of amounts payable after more than one year | 42 | €4,022 | €2,859 | -€1,164 | -28.9% |
| Trade debts | 44 | €18,127 | €6,906 | -€11,220 | -61.9% |
| Suppliers | 440/4 | €18,127 | €6,906 | -€11,220 | -61.9% |
| Taxes, remuneration and social security | 45 | €10,582 | €9,075 | -€1,507 | -14.2% |
| Taxes | 450/3 | €6,510 | €2,920 | -€3,590 | -55.2% |
| Remuneration and social security | 454/9 | €4,072 | €6,155 | +€2,083 | +51.2% |
| Other amounts payable | 47/48 | €15,640 | €19,100 | +€3,460 | +22.1% |
| Accrued charges and deferred income | 492/3 | €422 | €278 | -€144 | -34.2% |
| Remuneration, social security and pensions | 62 | €26,676 | €24,954 | -€1,721 | -6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,407 | €4,086 | +€1,679 | +69.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€3,000 | - | +€3,000 | |
| Other operating charges | 640/8 | €4,941 | €5,815 | +€874 | +17.7% |
| Gross operating margin | 9900 | €23,112 | €50,800 | +€27,688 | +119.8% |
| Operating profit (loss) | 9901 | -€7,912 | €15,945 | +€23,857 | |
| Financial income | 75/76B | €45 | €148 | +€103 | +229.3% |
| Recurring financial income | 75 | €45 | €148 | +€103 | +229.3% |
| Financial charges | 65/66B | €841 | €1,054 | +€213 | +25.4% |
| Recurring financial charges | 65 | €841 | €1,054 | +€213 | +25.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,708 | €15,039 | +€23,747 | |
| Income taxes | 67/77 | €1,737 | €2,914 | +€1,177 | +67.8% |
| Profit (loss) for the period | 9904 | -€10,444 | €12,125 | +€22,569 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,444 | €12,125 | +€22,569 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.