SAVAN: what changed
Two fiscal 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.
SAVAN
Largest movements
- Tangible fixed assets -€16,747
down €16,747 (-11.6%), from €144,677 to €127,930
of which Furniture and vehicles: -€10,568
- Cash -€7,531
down €7,531 (-3.4%), from €221,083 to €213,552
mainly Debts after one year (-€9,862) and Tax, wage and social debts (-€9,502)
- Debts after one year -€9,862
down €9,862 (-35.9%), from €27,481 to €17,619
- Tax, wage and social debts -€9,502
down €9,502 (-56.7%), from €16,769 to €7,267
of which Taxes: -€5,418
- Other debts -€4,885
down €4,885 (-10.7%), from €45,504 to €40,619
- Gross operating margin -€11,789
down €11,789 (-13.3%), from €88,455 to €76,666
- Staff costs -€5,026
down €5,026 (-7.9%), from €63,319 to €58,292
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.
Cash bridge derived
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 | €381,829 | €355,734 | -€26,095 | -6.8% |
| Fixed assets | 21/28 | €144,677 | €127,930 | -€16,747 | -11.6% |
| Tangible fixed assets | 22/27 | €144,677 | €127,930 | -€16,747 | -11.6% |
| Land and buildings | 22 | €101,818 | €96,383 | -€5,435 | -5.3% |
| Plant, machinery and equipment | 23 | €3,402 | €2,658 | -€744 | -21.9% |
| Furniture and vehicles | 24 | €39,458 | €28,889 | -€10,568 | -26.8% |
| Current assets | 29/58 | €237,152 | €227,804 | -€9,348 | -3.9% |
| Amounts receivable within one year | 40/41 | €13,328 | €13,778 | +€450 | +3.4% |
| Trade receivables | 40 | €3,086 | €1,118 | -€1,969 | -63.8% |
| Other amounts receivable | 41 | €10,242 | €12,660 | +€2,418 | +23.6% |
| Cash at bank and in hand | 54/58 | €221,083 | €213,552 | -€7,531 | -3.4% |
| Deferred charges and accrued income | 490/1 | €2,740 | €475 | -€2,266 | -82.7% |
| Total equity and liabilities | 10/49 | €381,829 | €355,734 | -€26,095 | -6.8% |
| Equity | 10/15 | €277,243 | €278,073 | +€831 | +0.3% |
| Contributions | 10/11 | €112,239 | €112,239 | = | 0.0% |
| Reserves | 13 | €142,756 | €142,756 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,775 | €2,775 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,775 | €2,775 | = | 0.0% |
| Distributable reserves | 133 | €139,980 | €139,980 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,248 | €23,079 | +€831 | +3.7% |
| Amounts payable | 17/49 | €104,586 | €77,661 | -€26,926 | -25.7% |
| Amounts payable after more than one year | 17 | €27,481 | €17,619 | -€9,862 | -35.9% |
| Financial debts | 170/4 | €27,481 | €17,619 | -€9,862 | -35.9% |
| Amounts payable within one year | 42/48 | €77,106 | €60,042 | -€17,064 | -22.1% |
| Current portion of amounts payable after more than one year | 42 | €9,908 | €9,862 | -€47 | -0.5% |
| Trade debts | 44 | €4,924 | €2,294 | -€2,630 | -53.4% |
| Suppliers | 440/4 | €4,924 | €2,294 | -€2,630 | -53.4% |
| Taxes, remuneration and social security | 45 | €16,769 | €7,267 | -€9,502 | -56.7% |
| Taxes | 450/3 | €9,910 | €4,492 | -€5,418 | -54.7% |
| Remuneration and social security | 454/9 | €6,859 | €2,775 | -€4,084 | -59.5% |
| Other amounts payable | 47/48 | €45,504 | €40,619 | -€4,885 | -10.7% |
| Non-recurring operating income | 76A | €1,231 | - | -€1,231 | |
| Remuneration, social security and pensions | 62 | €63,319 | €58,292 | -€5,026 | -7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,835 | €16,747 | -€88 | -0.5% |
| Other operating charges | 640/8 | €3,222 | €2,546 | -€675 | -21.0% |
| Gross operating margin | 9900 | €88,455 | €76,666 | -€11,789 | -13.3% |
| Operating profit (loss) | 9901 | €5,080 | -€920 | -€6,000 | |
| Financial income | 75/76B | €5,588 | €5,464 | -€125 | -2.2% |
| Recurring financial income | 75 | €5,588 | €5,464 | -€125 | -2.2% |
| Financial charges | 65/66B | €3,032 | €2,237 | -€796 | -26.2% |
| Recurring financial charges | 65 | €3,032 | €2,237 | -€796 | -26.2% |
| Profit (loss) for the period before taxes | 9903 | €7,635 | €2,307 | -€5,328 | -69.8% |
| Income taxes | 67/77 | €2,330 | €1,476 | -€854 | -36.6% |
| Profit (loss) for the period | 9904 | €5,306 | €831 | -€4,475 | -84.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,306 | €831 | -€4,475 | -84.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.