Savanti: 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
Savanti
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€152,531
2024 · €161,799-€9,269
Equity
€1.2m
2024 · €1.0m+€152,531
Cash
€32,347
2024 · €46,843-€14,496
Balance sheet total
€3.5m
2024 · €3.6m-€66,360
Largest movements
Assets
- Tangible fixed assets -€93,073
down €93,073 (-2.7%), from €3.5m to €3.4m
Equity and liabilities
- Debts after one year -€193,873
down €193,873 (-8.5%), from €2.3m to €2.1m
- Reserves +€152,531
up €152,531 (+31.9%), from €478,441 to €630,972
Income statement
- Gross operating margin -€15,172
down €15,172 (-3.7%), from €408,863 to €393,691
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
€161,799
Gross operating margin
-€15,172
Depreciation
+€255
Other operating charges
-€1,272
Financial income
+€370
Financial charges
+€2,782
Taxes
+€3,768
Result 2025
€152,531
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
+€196,869
Investment
-€20,315
Financing
-€191,050
Cash 2024
€46,843
From operations (derived)
+€196,869
Net result for the year
+€152,531
Depreciation
+€93,073
Receivables within one year
-€20,815
Deferred charges and accrued income
-€79
Trade debts
-€22,937
Tax, wage and social debts
-€4,903
Investment (derived)
-€20,315
Current investments
-€20,315
Financing
-€191,050
Debts after one year
-€193,873
Current portion of long-term debt
+€2,823
Cash 2025
€32,347
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,602,867 | €3,536,508 | -€66,360 | -1.8% |
| Fixed assets | 21/28 | €3,463,592 | €3,370,520 | -€93,073 | -2.7% |
| Tangible fixed assets | 22/27 | €3,463,592 | €3,370,520 | -€93,073 | -2.7% |
| Land and buildings | 22 | €3,463,592 | €3,370,520 | -€93,073 | -2.7% |
| Current assets | 29/58 | €139,275 | €165,988 | +€26,713 | +19.2% |
| Amounts receivable within one year | 40/41 | €72,119 | €92,934 | +€20,815 | +28.9% |
| Trade receivables | 40 | €72,119 | €92,934 | +€20,815 | +28.9% |
| Current investments | 50/53 | €18,450 | €38,765 | +€20,315 | +110% |
| Cash at bank and in hand | 54/58 | €46,843 | €32,347 | -€14,496 | -30.9% |
| Deferred charges and accrued income | 490/1 | €1,863 | €1,941 | +€79 | +4.2% |
| Total equity and liabilities | 10/49 | €3,602,867 | €3,536,508 | -€66,360 | -1.8% |
| Equity | 10/15 | €1,010,839 | €1,163,369 | +€152,531 | +15.1% |
| Contributions | 10/11 | €361,460 | €361,460 | = | 0.0% |
| Reserves | 13 | €478,441 | €630,972 | +€152,531 | +31.9% |
| Distributable reserves | 133 | €478,441 | €630,972 | +€152,531 | +31.9% |
| Profit (loss) carried forward | 14 | €170,938 | €170,938 | = | 0.0% |
| Amounts payable | 17/49 | €2,592,028 | €2,373,138 | -€218,890 | -8.4% |
| Amounts payable after more than one year | 17 | €2,291,547 | €2,097,674 | -€193,873 | -8.5% |
| Financial debts | 170/4 | €2,291,547 | €2,097,674 | -€193,873 | -8.5% |
| Amounts payable within one year | 42/48 | €300,481 | €275,464 | -€25,017 | -8.3% |
| Current portion of amounts payable after more than one year | 42 | €191,050 | €193,873 | +€2,823 | +1.5% |
| Trade debts | 44 | €66,185 | €43,247 | -€22,937 | -34.7% |
| Suppliers | 440/4 | €66,185 | €43,247 | -€22,937 | -34.7% |
| Taxes, remuneration and social security | 45 | €43,247 | €38,344 | -€4,903 | -11.3% |
| Taxes | 450/3 | €43,247 | €38,344 | -€4,903 | -11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,328 | €93,073 | -€255 | -0.3% |
| Other operating charges | 640/8 | €38,523 | €39,795 | +€1,272 | +3.3% |
| Gross operating margin | 9900 | €408,863 | €393,691 | -€15,172 | -3.7% |
| Operating profit (loss) | 9901 | €277,012 | €260,823 | -€16,189 | -5.8% |
| Financial income | 75/76B | €80 | €450 | +€370 | +462% |
| Recurring financial income | 75 | €80 | €450 | +€370 | +462% |
| Financial charges | 65/66B | €38,045 | €35,263 | -€2,782 | -7.3% |
| Recurring financial charges | 65 | €38,045 | €35,263 | -€2,782 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €239,047 | €226,010 | -€13,037 | -5.5% |
| Income taxes | 67/77 | €77,247 | €73,479 | -€3,768 | -4.9% |
| Profit (loss) for the period | 9904 | €161,799 | €152,531 | -€9,269 | -5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €161,799 | €152,531 | -€9,269 | -5.7% |
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 20 October 2026 via checked.be.