SAVAGE PARTNERS: 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.
SAVAGE PARTNERS
Largest movements
- Receivables within one year +€50,253
up €50,253 (+67.5%), from €74,493 to €124,746
of which Trade receivables: +€41,688
- Tangible fixed assets -€17,998
down €17,998 (-54.4%), from €33,097 to €15,099
of which Land and buildings: -€15,603
- Cash +€6,905
up €6,905 (+16.8%), from €41,006 to €47,911
mainly Tax, wage and social debts (+€26,878) and Net result for the year (+€22,519)
- Tax, wage and social debts +€26,878
up €26,878 (+462%), from €5,818 to €32,695
- Profit (loss) carried forward +€22,519
up €22,519 (+21.5%), from €104,620 to €127,140
- Trade debts -€7,406
down €7,406 (-92.6%), from €8,000 to €594
- Current portion of long-term debt -€5,045
down €5,045 (-100%), from €5,045 to €0
- Short-term financial debts +€3,101
up €3,101 (+18.0%), from €17,245 to €20,345
- Gross operating margin +€63,989
up €63,989, from -€30,809 to €33,181
- Depreciation -€1,526
down €1,526 (-25.6%), from €5,952 to €4,426
- Financial charges -€774
down €774 (-18.8%), from €4,128 to €3,353
- Other operating charges +€471
up €471 (+26.1%), from €1,801 to €2,272
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €149,653 | €188,834 | +€39,181 | +26.2% |
| Fixed assets | 21/28 | €33,097 | €15,099 | -€17,998 | -54.4% |
| Tangible fixed assets | 22/27 | €33,097 | €15,099 | -€17,998 | -54.4% |
| Land and buildings | 22 | €21,487 | €5,884 | -€15,603 | -72.6% |
| Furniture and vehicles | 24 | €11,610 | €9,215 | -€2,395 | -20.6% |
| Current assets | 29/58 | €116,556 | €173,735 | +€57,179 | +49.1% |
| Amounts receivable within one year | 40/41 | €74,493 | €124,746 | +€50,253 | +67.5% |
| Trade receivables | 40 | €57,000 | €98,688 | +€41,688 | +73.1% |
| Other amounts receivable | 41 | €17,493 | €26,058 | +€8,565 | +49.0% |
| Cash at bank and in hand | 54/58 | €41,006 | €47,911 | +€6,905 | +16.8% |
| Deferred charges and accrued income | 490/1 | €1,057 | €1,078 | +€21 | +2.0% |
| Total equity and liabilities | 10/49 | €149,653 | €188,834 | +€39,181 | +26.2% |
| Equity | 10/15 | €112,680 | €135,200 | +€22,519 | +20.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €104,620 | €127,140 | +€22,519 | +21.5% |
| Amounts payable | 17/49 | €36,973 | €53,635 | +€16,662 | +45.1% |
| Amounts payable after more than one year | 17 | €866 | €0 | -€866 | -100% |
| Financial debts | 170/4 | €866 | €0 | -€866 | -100% |
| Amounts payable within one year | 42/48 | €36,107 | €53,635 | +€17,527 | +48.5% |
| Current portion of amounts payable after more than one year | 42 | €5,045 | €0 | -€5,045 | -100% |
| Financial debts | 43 | €17,245 | €20,345 | +€3,101 | +18.0% |
| Credit institutions | 430/8 | €17,245 | €20,345 | +€3,101 | +18.0% |
| Trade debts | 44 | €8,000 | €594 | -€7,406 | -92.6% |
| Suppliers | 440/4 | €8,000 | €594 | -€7,406 | -92.6% |
| Taxes, remuneration and social security | 45 | €5,818 | €32,695 | +€26,878 | +462% |
| Taxes | 450/3 | €5,818 | €32,695 | +€26,878 | +462% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | €17,142 | +€17,142 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,952 | €4,426 | -€1,526 | -25.6% |
| Other operating charges | 640/8 | €1,801 | €2,272 | +€471 | +26.1% |
| Non-recurring operating charges | 66A | €0 | €260 | +€260 | |
| Gross operating margin | 9900 | -€30,809 | €33,181 | +€63,989 | |
| Operating profit (loss) | 9901 | -€38,562 | €26,223 | +€64,785 | |
| Financial income | 75/76B | €0 | €49 | +€49 | +122,650% |
| Recurring financial income | 75 | €0 | €49 | +€49 | +122,650% |
| Financial charges | 65/66B | €4,128 | €3,353 | -€774 | -18.8% |
| Recurring financial charges | 65 | €4,128 | €3,353 | -€774 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | -€42,689 | €22,919 | +€65,608 | |
| Income taxes | 67/77 | €381 | €399 | +€18 | +4.8% |
| Profit (loss) for the period | 9904 | -€43,070 | €22,519 | +€65,590 | |
| Profit (loss) for the period to be appropriated | 9905 | -€43,070 | €22,519 | +€65,590 |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.