SAVANCO: 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.
SAVANCO
Largest movements
- Tangible fixed assets +€40,201
up €40,201 (+473.1%), from €8,497 to €48,697
of which Furniture and vehicles: +€43,127
- Cash -€28,329
down €28,329 (-14.1%), from €200,976 to €172,646
mainly Investment in fixed assets (net) (-€54,417) and Tax, wage and social debts (-€1,886)
- Reserves +€6,941
up €6,941 (+3.6%), from €191,922 to €198,863
of which Distributable reserves: +€6,941
- Turnover -€14,190
down €14,190 (-13.3%), from €106,924 to €92,734
- Purchases and services -€5,837
down €5,837 (-7.2%), from €81,462 to €75,625
- Depreciation +€4,535
up €4,535 (+46.8%), from €9,681 to €14,217
- Other operating charges -€1,251
down €1,251 (-39.9%), from €3,131 to €1,880
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 | €221,420 | €229,379 | +€7,958 | +3.6% |
| Fixed assets | 21/28 | €9,707 | €49,907 | +€40,201 | +414.1% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €8,497 | €48,697 | +€40,201 | +473.1% |
| Plant, machinery and equipment | 23 | €3,829 | €2,969 | -€860 | -22.5% |
| Furniture and vehicles | 24 | €2,602 | €45,728 | +€43,127 | +1657.5% |
| Assets under construction and advance payments | 27 | €2,066 | - | -€2,066 | |
| Financial fixed assets | 28 | €1,210 | €1,210 | = | 0.0% |
| Current assets | 29/58 | €211,713 | €179,471 | -€32,242 | -15.2% |
| Amounts receivable within one year | 40/41 | €8,642 | €6,825 | -€1,817 | -21.0% |
| Trade receivables | 40 | €8,642 | €6,825 | -€1,817 | -21.0% |
| Cash at bank and in hand | 54/58 | €200,976 | €172,646 | -€28,329 | -14.1% |
| Deferred charges and accrued income | 490/1 | €2,096 | €0 | -€2,096 | -100.0% |
| Total equity and liabilities | 10/49 | €221,420 | €229,379 | +€7,958 | +3.6% |
| Equity | 10/15 | €204,322 | €211,263 | +€6,941 | +3.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €191,922 | €198,863 | +€6,941 | +3.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €190,062 | €197,003 | +€6,941 | +3.7% |
| Amounts payable | 17/49 | €17,098 | €18,116 | +€1,018 | +6.0% |
| Amounts payable within one year | 42/48 | €13,193 | €14,236 | +€1,042 | +7.9% |
| Trade debts | 44 | €238 | €1,160 | +€922 | +387.4% |
| Suppliers | 440/4 | €238 | €1,160 | +€922 | +387.4% |
| Taxes, remuneration and social security | 45 | €8,512 | €6,626 | -€1,886 | -22.2% |
| Taxes | 450/3 | €8,512 | €6,626 | -€1,886 | -22.2% |
| Other amounts payable | 47/48 | €4,444 | €6,450 | +€2,006 | +45.2% |
| Accrued charges and deferred income | 492/3 | €3,905 | €3,880 | -€25 | -0.6% |
| Turnover | 70 | €106,924 | €92,734 | -€14,190 | -13.3% |
| Non-recurring operating income | 76A | - | €7,971 | +€7,971 | |
| Goods, raw materials, services and sundry goods | 60/61 | €81,462 | €75,625 | -€5,837 | -7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,681 | €14,217 | +€4,535 | +46.8% |
| Other operating charges | 640/8 | €3,131 | €1,880 | -€1,251 | -39.9% |
| Gross operating margin | 9900 | €25,462 | €25,080 | -€382 | -1.5% |
| Operating profit (loss) | 9901 | €12,650 | €8,983 | -€3,667 | -29.0% |
| Financial income | 75/76B | €433 | €888 | +€455 | +105.2% |
| Recurring financial income | 75 | €433 | €888 | +€455 | +105.2% |
| Financial charges | 65/66B | €39 | €41 | +€2 | +4.2% |
| Recurring financial charges | 65 | €39 | €41 | +€2 | +4.2% |
| Profit (loss) for the period before taxes | 9903 | €13,043 | €9,830 | -€3,213 | -24.6% |
| Income taxes | 67/77 | €3,907 | €2,890 | -€1,017 | -26.0% |
| Profit (loss) for the period | 9904 | €9,136 | €6,941 | -€2,195 | -24.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,136 | €6,941 | -€2,195 | -24.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.