Savabo: 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.
Savabo
Largest movements
- Current investments +€407,468
up €407,468, from €0 to €407,468
- Receivables within one year -€287,168
down €287,168 (-89.2%), from €322,087 to €34,918
of which Trade receivables: -€274,469
- Cash +€170,540
up €170,540 (+57.3%), from €297,731 to €468,271
- Reserves +€352,929
up €352,929 (+10.9%), from €3.2m to €3.6m
of which Distributable reserves: +€352,929
- Tax, wage and social debts -€69,061
down €69,061 (-93.2%), from €74,136 to €5,076
- Gross operating margin +€191,990
up €191,990 (+72.8%), from €263,713 to €455,702
- Taxes +€26,042
up €26,042 (+31.7%), from €82,093 to €108,135
- Financial income +€15,689
up €15,689 (+351%), from €4,464 to €20,153
- Financial charges +€10,050
up €10,050 (+8,107%), from €124 to €10,174
From the 2024 result to the 2026 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,329,001 | €3,619,348 | +€290,347 | +8.7% |
| Fixed assets | 21/28 | €2,701,374 | €2,703,082 | +€1,708 | +0.1% |
| Tangible fixed assets | 22/27 | €1,764 | €3,261 | +€1,497 | +84.8% |
| Furniture and vehicles | 24 | €1,764 | €3,261 | +€1,497 | +84.8% |
| Financial fixed assets | 28 | €2,699,610 | €2,699,821 | +€211 | 0.0% |
| Current assets | 29/58 | €627,627 | €916,266 | +€288,639 | +46.0% |
| Amounts receivable within one year | 40/41 | €322,087 | €34,918 | -€287,168 | -89.2% |
| Trade receivables | 40 | €306,554 | €32,085 | -€274,469 | -89.5% |
| Other amounts receivable | 41 | €15,533 | €2,834 | -€12,699 | -81.8% |
| Current investments | 50/53 | €0 | €407,468 | +€407,468 | |
| Cash at bank and in hand | 54/58 | €297,731 | €468,271 | +€170,540 | +57.3% |
| Deferred charges and accrued income | 490/1 | €7,810 | €5,610 | -€2,200 | -28.2% |
| Total equity and liabilities | 10/49 | €3,329,001 | €3,619,348 | +€290,347 | +8.7% |
| Equity | 10/15 | €3,246,291 | €3,599,220 | +€352,929 | +10.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €3,240,091 | €3,593,020 | +€352,929 | +10.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €3,240,091 | €3,593,020 | +€352,929 | +10.9% |
| Amounts payable | 17/49 | €82,710 | €20,128 | -€62,582 | -75.7% |
| Amounts payable within one year | 42/48 | €82,710 | €20,128 | -€62,582 | -75.7% |
| Trade debts | 44 | €8,574 | €10,071 | +€1,497 | +17.5% |
| Suppliers | 440/4 | €8,574 | €10,071 | +€1,497 | +17.5% |
| Taxes, remuneration and social security | 45 | €74,136 | €5,076 | -€69,061 | -93.2% |
| Taxes | 450/3 | €74,136 | €5,076 | -€69,061 | -93.2% |
| Other amounts payable | 47/48 | - | €4,982 | +€4,982 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €855 | €2,144 | +€1,289 | +151% |
| Other operating charges | 640/8 | €1,794 | €2,473 | +€679 | +37.9% |
| Gross operating margin | 9900 | €263,713 | €455,702 | +€191,990 | +72.8% |
| Operating profit (loss) | 9901 | €261,063 | €451,085 | +€190,021 | +72.8% |
| Financial income | 75/76B | €4,464 | €20,153 | +€15,689 | +351% |
| Recurring financial income | 75 | €4,464 | €20,153 | +€15,689 | +351% |
| Financial charges | 65/66B | €124 | €10,174 | +€10,050 | +8,107% |
| Recurring financial charges | 65 | €124 | €10,174 | +€10,050 | +8,107% |
| Profit (loss) for the period before taxes | 9903 | €265,403 | €461,064 | +€195,660 | +73.7% |
| Income taxes | 67/77 | €82,093 | €108,135 | +€26,042 | +31.7% |
| Profit (loss) for the period | 9904 | €183,311 | €352,929 | +€169,618 | +92.5% |
| Profit (loss) for the period to be appropriated | 9905 | €183,311 | €352,929 | +€169,618 | +92.5% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.