SAVA: 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.
SAVA
Largest movements
- Cash -€27,621
down €27,621 (-56.2%), from €49,184 to €21,562
mainly Contributions, distributions and other (-€25,349) and Other debts (-€14,013)
- Receivables within one year +€3,403
up €3,403 (+136.0%), from €2,503 to €5,907
of which Other amounts receivable: +€2,200
- Tangible fixed assets -€1,660
down €1,660 (-31.0%), from €5,347 to €3,688
- Other debts -€14,013
down €14,013 (-39.4%), from €35,560 to €21,547
- Tax, wage and social debts -€5,996
down €5,996 (-57.3%), from €10,468 to €4,472
- Profit (loss) carried forward -€5,868
down €5,868 (-100.0%), from €5,868 to €0
- Gross operating margin -€5,992
down €5,992 (-17.4%), from €34,435 to €28,443
- Taxes -€1,313
down €1,313 (-19.6%), from €6,693 to €5,380
- Other operating charges +€400
new in 2025: €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 | €57,035 | €31,157 | -€25,878 | -45.4% |
| Fixed assets | 21/28 | €5,347 | €3,688 | -€1,660 | -31.0% |
| Tangible fixed assets | 22/27 | €5,347 | €3,688 | -€1,660 | -31.0% |
| Furniture and vehicles | 24 | €5,347 | €3,688 | -€1,660 | -31.0% |
| Current assets | 29/58 | €51,687 | €27,469 | -€24,218 | -46.9% |
| Amounts receivable within one year | 40/41 | €2,503 | €5,907 | +€3,403 | +136.0% |
| Trade receivables | 40 | €1,997 | €3,200 | +€1,204 | +60.3% |
| Other amounts receivable | 41 | €507 | €2,707 | +€2,200 | +434.1% |
| Cash at bank and in hand | 54/58 | €49,184 | €21,562 | -€27,621 | -56.2% |
| Total equity and liabilities | 10/49 | €57,035 | €31,157 | -€25,878 | -45.4% |
| Equity | 10/15 | €10,868 | €5,000 | -€5,868 | -54.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,868 | €0 | -€5,868 | -100.0% |
| Amounts payable | 17/49 | €46,167 | €26,157 | -€20,010 | -43.3% |
| Amounts payable within one year | 42/48 | €46,167 | €26,157 | -€20,010 | -43.3% |
| Trade debts | 44 | €139 | €138 | -€1 | -0.6% |
| Suppliers | 440/4 | €139 | €138 | -€1 | -0.6% |
| Taxes, remuneration and social security | 45 | €10,468 | €4,472 | -€5,996 | -57.3% |
| Taxes | 450/3 | €10,468 | €4,472 | -€5,996 | -57.3% |
| Other amounts payable | 47/48 | €35,560 | €21,547 | -€14,013 | -39.4% |
| Non-recurring operating income | 76A | - | €51 | +€51 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,809 | €3,051 | +€242 | +8.6% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €34,435 | €28,443 | -€5,992 | -17.4% |
| Operating profit (loss) | 9901 | €31,626 | €24,993 | -€6,633 | -21.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €136 | €131 | -€5 | -3.7% |
| Recurring financial charges | 65 | €136 | €131 | -€5 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | €31,490 | €24,862 | -€6,628 | -21.0% |
| Income taxes | 67/77 | €6,693 | €5,380 | -€1,313 | -19.6% |
| Profit (loss) for the period | 9904 | €24,797 | €19,481 | -€5,315 | -21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €24,797 | €19,481 | -€5,315 | -21.4% |
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 11 October 2026 via checked.be.