Savaco Holding: 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.
What changed
Savaco Holding
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€546,132
2024 · -€367,387-€178,745
Equity
€31.8m
2024 · €32.2m-€421,132
Cash
€977
2024 · €3,984-€3,007
Balance sheet total
€49.1m
2024 · €50.7m-€1.7m
Largest movements
Assets
- Receivables within one year -€1.1m
down €1.1m (-94.8%), from €1.2m to €60,005
of which Trade receivables: -€620,062
Equity and liabilities
- Debts after one year -€4.4m
down €4.4m (-27.0%), from €16.3m to €11.9m
- Current portion of long-term debt +€3.0m
up €3.0m (+163%), from €1.8m to €4.8m
- Profit (loss) carried forward -€546,132
down €546,132 (-6.5%), from €8.4m to €7.9m
Income statement
- Financial income -€425,149
down €425,149 (-69.7%), from €609,980 to €184,831
- Financial charges -€324,803
down €324,803 (-22.1%), from €1.5m to €1.1m
- Turnover -€120,004
down €120,004 (-9.6%), from €1.2m to €1.1m
- Services and other goods -€107,338
down €107,338 (-13.1%), from €820,578 to €713,240
- Other operating income -€66,000
no longer reported in 2025 (was €66,000)
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.
Result 2024
-€367,387
Turnover
-€120,004
Other operating income
-€66,000
Services and other goods
+€107,338
Other operating charges
+€267
Financial income
-€425,149
Financial charges
+€324,803
Result 2025
-€546,132
raises the resultlowers the result
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.
From operations
+€808,047
Investment
+€479,478
Financing
-€1.3m
Cash 2024
€3,984
From operations (derived)
+€808,047
Net result for the year
-€546,132
Stocks and contracts
-€54
Receivables within one year
+€1.1m
Deferred charges and accrued income
+€80,080
Trade debts
+€226,055
Other debts
-€119,229
Accrued charges and deferred income
+€75,150
Investment (derived)
+€479,478
Investment in fixed assets (net)
+€479,478
Financing
-€1.3m
Debts after one year
-€4.4m
Current portion of long-term debt
+€3.0m
Contributions, distributions and other
+€125,000
Cash 2025
€977
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,716,415 | €49,061,727 | -€1.7m | -3.3% |
| Fixed assets | 21/28 | €49,479,478 | €49,000,000 | -€479,478 | -1.0% |
| Financial fixed assets | 28 | €49,479,478 | €49,000,000 | -€479,478 | -1.0% |
| Affiliated companies | 280/1 | €49,479,478 | €49,000,000 | -€479,478 | -1.0% |
| Participating interests | 280 | €49,000,000 | €49,000,000 | = | 0.0% |
| Amounts receivable | 281 | €479,478 | - | -€479,478 | |
| Current assets | 29/58 | €1,236,936 | €61,727 | -€1.2m | -95.0% |
| Stocks and contracts in progress | 3 | - | €54 | +€54 | |
| Stocks | 30/36 | - | €54 | +€54 | |
| Advance payments | 36 | - | €54 | +€54 | |
| Amounts receivable within one year | 40/41 | €1,152,181 | €60,005 | -€1.1m | -94.8% |
| Trade receivables | 40 | €680,066 | €60,005 | -€620,062 | -91.2% |
| Other amounts receivable | 41 | €472,115 | - | -€472,115 | |
| Cash at bank and in hand | 54/58 | €3,984 | €977 | -€3,007 | -75.5% |
| Deferred charges and accrued income | 490/1 | €80,771 | €691 | -€80,080 | -99.1% |
| Total equity and liabilities | 10/49 | €50,716,415 | €49,061,727 | -€1.7m | -3.3% |
| Equity | 10/15 | €32,203,025 | €31,781,892 | -€421,132 | -1.3% |
| Contributions | 10/11 | €23,329,000 | €23,454,000 | +€125,000 | +0.5% |
| Capital | 10 | €8,099,427 | €8,099,427 | = | 0.0% |
| Issued capital | 100 | €8,099,427 | €8,099,427 | = | 0.0% |
| Contributions outside capital | 11 | €15,229,573 | €15,354,573 | +€125,000 | +0.8% |
| Share premium | 1100/10 | €15,229,573 | €15,354,573 | +€125,000 | +0.8% |
| Reserves | 13 | €475,271 | €475,271 | = | 0.0% |
| Non-distributable reserves | 130/1 | €475,271 | €475,271 | = | 0.0% |
| Legal reserve | 130 | €475,271 | €475,271 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,398,754 | €7,852,622 | -€546,132 | -6.5% |
| Amounts payable | 17/49 | €18,513,390 | €17,279,835 | -€1.2m | -6.7% |
| Amounts payable after more than one year | 17 | €16,340,000 | €11,924,467 | -€4.4m | -27.0% |
| Financial debts | 170/4 | €16,340,000 | €11,924,467 | -€4.4m | -27.0% |
| Credit institutions | 173 | €15,640,000 | €9,304,857 | -€6.3m | -40.5% |
| Other loans | 174 | €700,000 | €2,619,610 | +€1.9m | +274% |
| Amounts payable within one year | 42/48 | €2,154,399 | €5,261,226 | +€3.1m | +144% |
| Current portion of amounts payable after more than one year | 42 | €1,840,000 | €4,840,000 | +€3.0m | +163% |
| Trade debts | 44 | €195,170 | €421,226 | +€226,055 | +116% |
| Suppliers | 440/4 | €195,170 | €421,226 | +€226,055 | +116% |
| Other amounts payable | 47/48 | €119,229 | - | -€119,229 | |
| Accrued charges and deferred income | 492/3 | €18,991 | €94,141 | +€75,150 | +396% |
| Operating income | 70/76A | €1,315,757 | €1,129,753 | -€186,003 | -14.1% |
| Turnover | 70 | €1,249,757 | €1,129,753 | -€120,004 | -9.6% |
| Other operating income | 74 | €66,000 | - | -€66,000 | |
| Operating charges | 60/66A | €822,017 | €714,413 | -€107,605 | -13.1% |
| Services and other goods | 61 | €820,578 | €713,240 | -€107,338 | -13.1% |
| Other operating charges | 640/8 | €1,440 | €1,172 | -€267 | -18.6% |
| Operating profit (loss) | 9901 | €493,739 | €415,341 | -€78,399 | -15.9% |
| Financial income | 75/76B | €609,980 | €184,831 | -€425,149 | -69.7% |
| Recurring financial income | 75 | €609,980 | €184,831 | -€425,149 | -69.7% |
| Income from current assets | 751 | €609,980 | €184,831 | -€425,149 | -69.7% |
| Financial charges | 65/66B | €1,471,107 | €1,146,305 | -€324,803 | -22.1% |
| Recurring financial charges | 65 | €1,471,107 | €1,146,305 | -€324,803 | -22.1% |
| Debt charges | 650 | €1,470,293 | €1,146,305 | -€323,989 | -22.0% |
| Other financial charges | 652/9 | €814 | - | -€814 | |
| Profit (loss) for the period before taxes | 9903 | -€367,387 | -€546,132 | -€178,745 | -48.7% |
| Profit (loss) for the period | 9904 | -€367,387 | -€546,132 | -€178,745 | -48.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€367,387 | -€546,132 | -€178,745 | -48.7% |
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 22 October 2026 via checked.be.