SARVY: 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.
SARVY
Largest movements
- Current investments -€125,000
down €125,000 (-100.0%), from €125,000 to €0
- Tangible fixed assets +€68,888
up €68,888 (+65.7%), from €104,887 to €173,776
of which Furniture and vehicles: +€75,826
- Cash +€58,986
up €58,986 (+98.1%), from €60,118 to €119,104
mainly Current investments (+€125,000) and Depreciation (+€19,142)
- Reserves +€18,308
up €18,308 (+10.3%), from €177,963 to €196,271
of which Distributable reserves: +€18,308
- Tax, wage and social debts -€12,590
down €12,590 (-72.3%), from €17,420 to €4,831
- Gross operating margin -€139,577
down €139,577 (-71.3%), from €195,696 to €56,119
- Taxes -€47,815
down €47,815 (-82.2%), from €58,184 to €10,369
- Depreciation +€12,678
up €12,678 (+196.1%), from €6,464 to €19,142
- Provisions +€4,000
up €4,000, from -€4,000 to €0
- Financial charges -€3,363
down €3,363 (-89.7%), from €3,750 to €387
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 | €299,665 | €302,286 | +€2,621 | +0.9% |
| Fixed assets | 21/28 | €105,302 | €174,190 | +€68,888 | +65.4% |
| Tangible fixed assets | 22/27 | €104,887 | €173,776 | +€68,888 | +65.7% |
| Land and buildings | 22 | €100,464 | €94,703 | -€5,761 | -5.7% |
| Plant, machinery and equipment | 23 | €4,423 | €3,246 | -€1,177 | -26.6% |
| Furniture and vehicles | 24 | - | €75,826 | +€75,826 | |
| Financial fixed assets | 28 | €415 | €415 | = | 0.0% |
| Current assets | 29/58 | €194,363 | €128,095 | -€66,267 | -34.1% |
| Amounts receivable within one year | 40/41 | €3,688 | €5,266 | +€1,578 | +42.8% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €3,688 | €5,266 | +€1,578 | +42.8% |
| Current investments | 50/53 | €125,000 | €0 | -€125,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €60,118 | €119,104 | +€58,986 | +98.1% |
| Deferred charges and accrued income | 490/1 | €5,557 | €3,725 | -€1,831 | -33.0% |
| Total equity and liabilities | 10/49 | €299,665 | €302,286 | +€2,621 | +0.9% |
| Equity | 10/15 | €273,444 | €291,752 | +€18,308 | +6.7% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €177,963 | €196,271 | +€18,308 | +10.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €177,963 | €196,271 | +€18,308 | +10.3% |
| Profit (loss) carried forward | 14 | €21,113 | €21,113 | = | 0.0% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Major repairs and maintenance | 162 | €0 | - | = | |
| Amounts payable | 17/49 | €26,221 | €10,533 | -€15,687 | -59.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €21,859 | €6,047 | -€15,812 | -72.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,229 | €0 | -€1,229 | -100.0% |
| Suppliers | 440/4 | €1,229 | €0 | -€1,229 | -100.0% |
| Taxes, remuneration and social security | 45 | €17,420 | €4,831 | -€12,590 | -72.3% |
| Taxes | 450/3 | €17,420 | €4,831 | -€12,590 | -72.3% |
| Other amounts payable | 47/48 | €3,210 | €1,216 | -€1,994 | -62.1% |
| Accrued charges and deferred income | 492/3 | €4,362 | €4,486 | +€125 | +2.9% |
| Non-recurring operating income | 76A | €185,487 | €0 | -€185,487 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,464 | €19,142 | +€12,678 | +196.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€4,000 | €0 | +€4,000 | |
| Other operating charges | 640/8 | €11,936 | €9,719 | -€2,218 | -18.6% |
| Gross operating margin | 9900 | €195,696 | €56,119 | -€139,577 | -71.3% |
| Operating profit (loss) | 9901 | €181,296 | €27,259 | -€154,038 | -85.0% |
| Financial income | 75/76B | €2,589 | €1,806 | -€783 | -30.2% |
| Recurring financial income | 75 | €2,589 | €1,806 | -€783 | -30.2% |
| Financial charges | 65/66B | €3,750 | €387 | -€3,363 | -89.7% |
| Recurring financial charges | 65 | €3,750 | €387 | -€3,363 | -89.7% |
| Profit (loss) for the period before taxes | 9903 | €180,135 | €28,677 | -€151,458 | -84.1% |
| Income taxes | 67/77 | €58,184 | €10,369 | -€47,815 | -82.2% |
| Profit (loss) for the period | 9904 | €121,951 | €18,308 | -€103,643 | -85.0% |
| Profit (loss) for the period to be appropriated | 9905 | €121,951 | €18,308 | -€103,643 | -85.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.