SAVA Ortho: 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 Ortho
Largest movements
- Cash -€346,376
down €346,376 (-76.7%), from €451,327 to €104,951
mainly Contributions, distributions and other (-€550,000) and Other debts (-€287,593)
- Tangible fixed assets -€53,840
down €53,840 (-9.8%), from €548,959 to €495,119
of which Furniture and vehicles: -€39,491
- Other debts -€287,593
down €287,593 (-71.1%), from €404,671 to €117,078
- Reserves -€60,551
down €60,551 (-15.9%), from €379,765 to €319,214
of which Distributable reserves: -€60,551
- Debts after one year -€45,209
down €45,209 (-18.1%), from €249,354 to €204,145
- Gross operating margin +€38,664
up €38,664 (+4.8%), from €799,236 to €837,901
- Taxes +€11,278
up €11,278 (+7.7%), from €147,229 to €158,507
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.
Derived cash bridge
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 | €1,155,443 | €758,088 | -€397,355 | -34.4% |
| Fixed assets | 21/28 | €548,959 | €495,119 | -€53,840 | -9.8% |
| Tangible fixed assets | 22/27 | €548,959 | €495,119 | -€53,840 | -9.8% |
| Land and buildings | 22 | €323,249 | €310,784 | -€12,465 | -3.9% |
| Plant, machinery and equipment | 23 | €9,878 | €25,199 | +€15,322 | +155% |
| Furniture and vehicles | 24 | €171,817 | €132,326 | -€39,491 | -23.0% |
| Leasing and similar rights | 25 | €39,899 | €23,321 | -€16,578 | -41.5% |
| Other tangible fixed assets | 26 | €4,117 | €3,489 | -€629 | -15.3% |
| Current assets | 29/58 | €606,484 | €262,969 | -€343,515 | -56.6% |
| Stocks and contracts in progress | 3 | €18,871 | €22,964 | +€4,093 | +21.7% |
| Stocks | 30/36 | €18,871 | €22,964 | +€4,093 | +21.7% |
| Current investments | 50/53 | €8,752 | €13,626 | +€4,874 | +55.7% |
| Cash at bank and in hand | 54/58 | €451,327 | €104,951 | -€346,376 | -76.7% |
| Deferred charges and accrued income | 490/1 | €127,534 | €121,428 | -€6,106 | -4.8% |
| Total equity and liabilities | 10/49 | €1,155,443 | €758,088 | -€397,355 | -34.4% |
| Equity | 10/15 | €398,365 | €337,814 | -€60,551 | -15.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €379,765 | €319,214 | -€60,551 | -15.9% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €342,265 | €281,714 | -€60,551 | -17.7% |
| Amounts payable | 17/49 | €757,078 | €420,274 | -€336,805 | -44.5% |
| Amounts payable after more than one year | 17 | €249,354 | €204,145 | -€45,209 | -18.1% |
| Financial debts | 170/4 | €249,354 | €204,145 | -€45,209 | -18.1% |
| Amounts payable within one year | 42/48 | €492,847 | €204,679 | -€288,168 | -58.5% |
| Current portion of amounts payable after more than one year | 42 | €44,023 | €45,209 | +€1,186 | +2.7% |
| Trade debts | 44 | €16,396 | €12,914 | -€3,483 | -21.2% |
| Suppliers | 440/4 | €16,396 | €12,914 | -€3,483 | -21.2% |
| Taxes, remuneration and social security | 45 | €27,756 | €29,478 | +€1,722 | +6.2% |
| Taxes | 450/3 | €12,135 | €10,081 | -€2,054 | -16.9% |
| Remuneration and social security | 454/9 | €15,621 | €19,397 | +€3,776 | +24.2% |
| Other amounts payable | 47/48 | €404,671 | €117,078 | -€287,593 | -71.1% |
| Accrued charges and deferred income | 492/3 | €14,877 | €11,450 | -€3,428 | -23.0% |
| Remuneration, social security and pensions | 62 | €86,403 | €91,175 | +€4,773 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,794 | €76,933 | +€7,140 | +10.2% |
| Other operating charges | 640/8 | €7,229 | €4,644 | -€2,586 | -35.8% |
| Gross operating margin | 9900 | €799,236 | €837,901 | +€38,664 | +4.8% |
| Operating profit (loss) | 9901 | €635,811 | €665,149 | +€29,338 | +4.6% |
| Financial income | 75/76B | €314 | €2,075 | +€1,761 | +561% |
| Recurring financial income | 75 | €314 | €2,075 | +€1,761 | +561% |
| Financial charges | 65/66B | €23,725 | €19,267 | -€4,458 | -18.8% |
| Recurring financial charges | 65 | €23,725 | €19,267 | -€4,458 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €612,399 | €647,957 | +€35,557 | +5.8% |
| Income taxes | 67/77 | €147,229 | €158,507 | +€11,278 | +7.7% |
| Profit (loss) for the period | 9904 | €465,170 | €489,449 | +€24,279 | +5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €465,170 | €489,449 | +€24,279 | +5.2% |
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 25 October 2026 via checked.be.