SAVAAN IMMO: 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.
SAVAAN IMMO
Largest movements
- Tangible fixed assets +€535,241
up €535,241 (+69.2%), from €773,233 to €1.3m
of which Land and buildings: +€535,702
- Receivables within one year +€98,254
up €98,254 (+160,993%), from €61 to €98,315
- Cash +€28,275
up €28,275 (+440%), from €6,428 to €34,704
mainly Debts after one year (+€544,439) and Other debts (+€182,767)
- Debts after one year +€544,439
up €544,439 (+130%), from €417,372 to €961,811
- Other debts +€182,767
up €182,767 (+29.7%), from €615,652 to €798,419
- Profit (loss) carried forward -€114,113
down €114,113 (-38.5%), from -€296,669 to -€410,781
- Current portion of long-term debt +€33,625
up €33,625 (+175%), from €19,217 to €52,842
- Trade debts +€17,864
up €17,864 (+84.5%), from €21,150 to €39,014
- Gross operating margin -€29,513
down €29,513 (-216%), from -€13,687 to -€43,200
- Financial charges +€8,530
up €8,530 (+22.0%), from €38,759 to €47,289
- Depreciation +€5,025
up €5,025 (+29.5%), from €17,027 to €22,053
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 | €779,722 | €1,444,305 | +€664,583 | +85.2% |
| Fixed assets | 21/28 | €773,233 | €1,308,474 | +€535,241 | +69.2% |
| Tangible fixed assets | 22/27 | €773,233 | €1,308,474 | +€535,241 | +69.2% |
| Land and buildings | 22 | €771,863 | €1,307,565 | +€535,702 | +69.4% |
| Plant, machinery and equipment | 23 | €1,370 | €908 | -€462 | -33.7% |
| Current assets | 29/58 | €6,489 | €135,831 | +€129,342 | +1,993% |
| Amounts receivable within one year | 40/41 | €61 | €98,315 | +€98,254 | +160,993% |
| Other amounts receivable | 41 | €61 | €98,315 | +€98,254 | +160,993% |
| Cash at bank and in hand | 54/58 | €6,428 | €34,704 | +€28,275 | +440% |
| Deferred charges and accrued income | 490/1 | - | €2,812 | +€2,812 | |
| Total equity and liabilities | 10/49 | €779,722 | €1,444,305 | +€664,583 | +85.2% |
| Equity | 10/15 | -€293,669 | -€407,781 | -€114,113 | -38.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€296,669 | -€410,781 | -€114,113 | -38.5% |
| Amounts payable | 17/49 | €1,073,391 | €1,852,086 | +€778,695 | +72.5% |
| Amounts payable after more than one year | 17 | €417,372 | €961,811 | +€544,439 | +130% |
| Financial debts | 170/4 | €417,372 | €961,811 | +€544,439 | +130% |
| Amounts payable within one year | 42/48 | €656,019 | €890,275 | +€234,257 | +35.7% |
| Current portion of amounts payable after more than one year | 42 | €19,217 | €52,842 | +€33,625 | +175% |
| Trade debts | 44 | €21,150 | €39,014 | +€17,864 | +84.5% |
| Suppliers | 440/4 | €21,150 | €39,014 | +€17,864 | +84.5% |
| Other amounts payable | 47/48 | €615,652 | €798,419 | +€182,767 | +29.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,027 | €22,053 | +€5,025 | +29.5% |
| Other operating charges | 640/8 | €1,676 | €1,785 | +€108 | +6.5% |
| Gross operating margin | 9900 | -€13,687 | -€43,200 | -€29,513 | -216% |
| Operating profit (loss) | 9901 | -€32,391 | -€67,038 | -€34,646 | -107% |
| Financial income | 75/76B | €0 | €214 | +€214 | |
| Recurring financial income | 75 | €0 | €214 | +€214 | |
| Financial charges | 65/66B | €38,759 | €47,289 | +€8,530 | +22.0% |
| Recurring financial charges | 65 | €38,759 | €47,289 | +€8,530 | +22.0% |
| Profit (loss) for the period before taxes | 9903 | -€71,150 | -€114,113 | -€42,963 | -60.4% |
| Profit (loss) for the period | 9904 | -€71,150 | -€114,113 | -€42,963 | -60.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€71,150 | -€114,113 | -€42,963 | -60.4% |
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 16 October 2026 via checked.be.