SAVASAN: 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.
SAVASAN
Largest movements
- Cash -€190,589
down €190,589 (-85.0%), from €224,110 to €33,521
mainly Receivables within one year (-€114,397) and Other debts (-€85,330)
- Receivables within one year +€114,397
new in 2025: €114,397
- Tangible fixed assets +€8,458
up €8,458 (+206%), from €4,100 to €12,558
of which Other tangible fixed assets: +€10,094
- Other debts -€85,330
no longer reported in 2025 (was €85,330)
- Profit (loss) carried forward +€41,362
up €41,362 (+36.8%), from €112,460 to €153,822
- Trade debts -€18,490
down €18,490 (-85.1%), from €21,718 to €3,228
- Tax, wage and social debts -€3,197
down €3,197 (-64.4%), from €4,964 to €1,767
- Gross operating margin +€72,485
up €72,485 (+34.4%), from €210,725 to €283,210
- Staff costs +€57,902
up €57,902 (+35.1%), from €164,746 to €222,648
- Other operating charges -€8,986
down €8,986 (-78.8%), from €11,403 to €2,417
- Taxes -€5,065
down €5,065 (-32.5%), from €15,589 to €10,524
- Depreciation +€3,830
up €3,830 (+235%), from €1,633 to €5,462
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €244,932 | €179,277 | -€65,655 | -26.8% |
| Fixed assets | 21/28 | €4,575 | €13,033 | +€8,458 | +185% |
| Tangible fixed assets | 22/27 | €4,100 | €12,558 | +€8,458 | +206% |
| Furniture and vehicles | 24 | €4,100 | €2,464 | -€1,636 | -39.9% |
| Other tangible fixed assets | 26 | - | €10,094 | +€10,094 | |
| Financial fixed assets | 28 | €475 | €475 | = | 0.0% |
| Current assets | 29/58 | €240,357 | €166,244 | -€74,114 | -30.8% |
| Stocks and contracts in progress | 3 | €16,247 | €18,325 | +€2,078 | +12.8% |
| Stocks | 30/36 | €16,247 | €18,325 | +€2,078 | +12.8% |
| Amounts receivable within one year | 40/41 | - | €114,397 | +€114,397 | |
| Other amounts receivable | 41 | - | €114,397 | +€114,397 | |
| Cash at bank and in hand | 54/58 | €224,110 | €33,521 | -€190,589 | -85.0% |
| Total equity and liabilities | 10/49 | €244,932 | €179,277 | -€65,655 | -26.8% |
| Equity | 10/15 | €132,920 | €174,282 | +€41,362 | +31.1% |
| Contributions | 10/11 | €18,600 | €20,460 | +€1,860 | +10.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Contributions outside capital | 11 | - | €20,460 | +€20,460 | |
| Other | 1109/19 | - | €20,460 | +€20,460 | |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €112,460 | €153,822 | +€41,362 | +36.8% |
| Amounts payable | 17/49 | €112,012 | €4,995 | -€107,017 | -95.5% |
| Amounts payable within one year | 42/48 | €112,012 | €4,995 | -€107,017 | -95.5% |
| Trade debts | 44 | €21,718 | €3,228 | -€18,490 | -85.1% |
| Suppliers | 440/4 | €21,718 | €3,228 | -€18,490 | -85.1% |
| Taxes, remuneration and social security | 45 | €4,964 | €1,767 | -€3,197 | -64.4% |
| Taxes | 450/3 | €4,964 | €1,767 | -€3,197 | -64.4% |
| Other amounts payable | 47/48 | €85,330 | - | -€85,330 | |
| Remuneration, social security and pensions | 62 | €164,746 | €222,648 | +€57,902 | +35.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,633 | €5,462 | +€3,830 | +235% |
| Other operating charges | 640/8 | €11,403 | €2,417 | -€8,986 | -78.8% |
| Gross operating margin | 9900 | €210,725 | €283,210 | +€72,485 | +34.4% |
| Operating profit (loss) | 9901 | €32,944 | €52,683 | +€19,739 | +59.9% |
| Financial charges | 65/66B | €739 | €797 | +€58 | +7.9% |
| Recurring financial charges | 65 | €739 | €797 | +€58 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | €32,205 | €51,886 | +€19,681 | +61.1% |
| Income taxes | 67/77 | €15,589 | €10,524 | -€5,065 | -32.5% |
| Profit (loss) for the period | 9904 | €16,616 | €41,362 | +€24,746 | +149% |
| Profit (loss) for the period to be appropriated | 9905 | €16,616 | €41,362 | +€24,746 | +149% |
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 27 October 2026 via checked.be.