SAVARIN: 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.
SAVARIN
Largest movements
- Tangible fixed assets -€6,661
down €6,661 (-4.1%), from €162,573 to €155,912
of which Land and buildings: -€8,621
- Cash -€6,349
down €6,349 (-91.4%), from €6,946 to €597
mainly Net result for the year (-€21,824) and Investment in fixed assets (net) (-€2,178)
- Profit (loss) carried forward -€21,824
down €21,824, from €13,551 to -€8,273
- Other debts +€11,557
up €11,557 (+39.5%), from €29,268 to €40,825
- Gross operating margin -€15,343
down €15,343, from €6,710 to -€8,632
- Financial charges +€218
up €218 (+88.9%), from €245 to €463
- Depreciation +€218
up €218 (+2.5%), from €8,621 to €8,839
- Other operating charges +€156
up €156 (+4.2%), from €3,736 to €3,892
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.
Cash bridge derived
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 | €171,057 | €159,547 | -€11,510 | -6.7% |
| Fixed assets | 21/28 | €162,573 | €155,912 | -€6,661 | -4.1% |
| Tangible fixed assets | 22/27 | €162,573 | €155,912 | -€6,661 | -4.1% |
| Land and buildings | 22 | €162,573 | €153,952 | -€8,621 | -5.3% |
| Plant, machinery and equipment | 23 | - | €1,960 | +€1,960 | |
| Current assets | 29/58 | €8,484 | €3,635 | -€4,849 | -57.2% |
| Amounts receivable within one year | 40/41 | €1,538 | €3,038 | +€1,500 | +97.5% |
| Other amounts receivable | 41 | €1,538 | €3,038 | +€1,500 | +97.5% |
| Cash at bank and in hand | 54/58 | €6,946 | €597 | -€6,349 | -91.4% |
| Total equity and liabilities | 10/49 | €171,057 | €159,547 | -€11,510 | -6.7% |
| Equity | 10/15 | €34,011 | €12,187 | -€21,824 | -64.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,551 | -€8,273 | -€21,824 | |
| Amounts payable | 17/49 | €137,046 | €147,360 | +€10,314 | +7.5% |
| Amounts payable after more than one year | 17 | €100,008 | €100,258 | +€250 | +0.2% |
| Financial debts | 170/4 | €100,008 | €100,258 | +€250 | +0.2% |
| Amounts payable within one year | 42/48 | €37,038 | €47,103 | +€10,064 | +27.2% |
| Current portion of amounts payable after more than one year | 42 | €5,500 | €5,500 | = | 0.0% |
| Trade debts | 44 | €2,271 | €778 | -€1,493 | -65.7% |
| Suppliers | 440/4 | €2,271 | €778 | -€1,493 | -65.7% |
| Other amounts payable | 47/48 | €29,268 | €40,825 | +€11,557 | +39.5% |
| Non-recurring operating income | 76A | €2,571 | €120 | -€2,451 | -95.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,621 | €8,839 | +€218 | +2.5% |
| Other operating charges | 640/8 | €3,736 | €3,892 | +€156 | +4.2% |
| Gross operating margin | 9900 | €6,710 | -€8,632 | -€15,343 | |
| Operating profit (loss) | 9901 | -€5,647 | -€21,363 | -€15,716 | -278.3% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €245 | €463 | +€218 | +88.9% |
| Recurring financial charges | 65 | €245 | €463 | +€218 | +88.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,893 | -€21,824 | -€15,931 | -270.4% |
| Profit (loss) for the period | 9904 | -€5,893 | -€21,824 | -€15,931 | -270.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,893 | -€21,824 | -€15,931 | -270.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.