SAVANTES: 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.
SAVANTES
Largest movements
- Cash -€18,108
down €18,108 (-4.4%), from €409,273 to €391,165
mainly Net result for the year (-€20,103) and Tax, wage and social debts (-€17,162)
- Tangible fixed assets -€17,257
down €17,257 (-76.2%), from €22,643 to €5,386
of which Furniture and vehicles: -€15,014
- Tax, wage and social debts -€17,162
down €17,162 (-81.1%), from €21,162 to €4,000
of which Taxes: -€17,188
- Reserves -€10,336
down €10,336 (-2.6%), from €395,288 to €384,952
- Profit (loss) carried forward -€9,767
new in 2025: -€9,767
- Gross operating margin -€110,436
down €110,436, from €106,254 to -€4,182
- Taxes -€22,827
down €22,827 (-98.9%), from €23,077 to €250
- Depreciation -€8,085
down €8,085 (-31.9%), from €25,342 to €17,257
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 | €456,235 | €415,992 | -€40,243 | -8.8% |
| Fixed assets | 21/28 | €22,643 | €5,386 | -€17,257 | -76.2% |
| Tangible fixed assets | 22/27 | €22,643 | €5,386 | -€17,257 | -76.2% |
| Plant, machinery and equipment | 23 | €798 | - | -€798 | |
| Furniture and vehicles | 24 | €16,171 | €1,157 | -€15,014 | -92.8% |
| Other tangible fixed assets | 26 | €5,674 | €4,229 | -€1,445 | -25.5% |
| Current assets | 29/58 | €433,592 | €410,606 | -€22,986 | -5.3% |
| Amounts receivable within one year | 40/41 | €18,459 | €16,210 | -€2,250 | -12.2% |
| Trade receivables | 40 | €16,708 | €93 | -€16,615 | -99.4% |
| Other amounts receivable | 41 | €1,751 | €16,116 | +€14,365 | +820.4% |
| Cash at bank and in hand | 54/58 | €409,273 | €391,165 | -€18,108 | -4.4% |
| Deferred charges and accrued income | 490/1 | €5,860 | €3,232 | -€2,628 | -44.9% |
| Total equity and liabilities | 10/49 | €456,235 | €415,992 | -€40,243 | -8.8% |
| Equity | 10/15 | €431,188 | €411,085 | -€20,103 | -4.7% |
| Contributions | 10/11 | €35,900 | €35,900 | = | 0.0% |
| Reserves | 13 | €395,288 | €384,952 | -€10,336 | -2.6% |
| Distributable reserves | 133 | €395,288 | €384,952 | -€10,336 | -2.6% |
| Profit (loss) carried forward | 14 | - | -€9,767 | -€9,767 | |
| Amounts payable | 17/49 | €25,047 | €4,907 | -€20,140 | -80.4% |
| Amounts payable within one year | 42/48 | €25,047 | €4,886 | -€20,161 | -80.5% |
| Trade debts | 44 | €3,885 | €886 | -€2,998 | -77.2% |
| Suppliers | 440/4 | €3,885 | €886 | -€2,998 | -77.2% |
| Taxes, remuneration and social security | 45 | €21,162 | €4,000 | -€17,162 | -81.1% |
| Taxes | 450/3 | €18,123 | €936 | -€17,188 | -94.8% |
| Remuneration and social security | 454/9 | €3,039 | €3,065 | +€26 | +0.8% |
| Accrued charges and deferred income | 492/3 | - | €21 | +€21 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,342 | €17,257 | -€8,085 | -31.9% |
| Other operating charges | 640/8 | €665 | €571 | -€94 | -14.2% |
| Gross operating margin | 9900 | €106,254 | -€4,182 | -€110,436 | |
| Operating profit (loss) | 9901 | €80,248 | -€22,009 | -€102,257 | |
| Financial income | 75/76B | €1,779 | €2,226 | +€447 | +25.1% |
| Recurring financial income | 75 | €1,779 | €2,226 | +€447 | +25.1% |
| Financial charges | 65/66B | €69 | €70 | +€1 | +2.0% |
| Recurring financial charges | 65 | €69 | €70 | +€1 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €81,958 | -€19,854 | -€101,811 | |
| Income taxes | 67/77 | €23,077 | €250 | -€22,827 | -98.9% |
| Profit (loss) for the period | 9904 | €58,881 | -€20,103 | -€78,984 | |
| Profit (loss) for the period to be appropriated | 9905 | €58,881 | -€20,103 | -€78,984 |
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 10 October 2026 via checked.be.