SAVASANA: what changed
What changed
SAVASANA
NACE 43.130, Specialised construction activities
filed annual accounts (NBB)
Net result for the year
-€53,670
2024 · €90,825-€144,495
Equity
€433,268
2024 · €595,108-€161,840
Cash
€78,303
2024 · €7,280+€71,023
Balance sheet total
€2.3m
2024 · €2.8m-€468,941
Largest movements
Assets
- Tangible fixed assets -€290,253
down €290,253 (-12.9%), from €2.2m to €2.0m
- Receivables within one year -€166,722
down €166,722 (-37.4%), from €445,340 to €278,618
of which Trade receivables: -€263,159
- Stocks and contracts -€82,284
no longer reported in 2025 (was €82,284)
- Cash +€71,023
up €71,023 (+976%), from €7,280 to €78,303
mainly Other debts (+€413,542) and Receivables within one year (+€166,722)
Equity and liabilities
- Other debts +€413,542
up €413,542 (+13,785%), from €3,000 to €416,542
- Debts after one year -€320,434
down €320,434 (-19.7%), from €1.6m to €1.3m
- Reserves -€161,349
down €161,349 (-27.4%), from €588,908 to €427,559
of which Distributable reserves: -€161,202
- Tax, wage and social debts -€139,295
down €139,295 (-99.9%), from €139,376 to €81
of which Remuneration and social security: -€105,625
- Short-term financial debts -€97,762
down €97,762 (-90.4%), from €108,094 to €10,332
Income statement
- Gross operating margin -€1.3m
down €1.3m (-88.1%), from €1.5m to €175,082
- Staff costs -€1.0m
down €1.0m (-100.0%), from €1.0m to €120
- Depreciation -€81,443
down €81,443 (-33.7%), from €241,504 to €160,061
- Taxes -€35,871
down €35,871 (-88.0%), from €40,777 to €4,906
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€90,825
Gross operating margin
-€1.3m
Staff costs
+€1.0m
Depreciation
+€81,443
Other operating charges
+€10,095
Financial income
+€4,289
Financial charges
+€12,176
Taxes
+€35,871
Result 2025
-€53,670
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€551,712
Investment
+€130,626
Financing
-€611,315
Cash 2024
€7,280
From operations (derived)
+€551,712
Net result for the year
-€53,670
Depreciation
+€160,061
Stocks and contracts
+€82,284
Receivables within one year
+€166,722
Deferred charges and accrued income
+€271
Trade debts
-€71,743
Tax, wage and social debts
-€139,295
Other debts
+€413,542
Accrued charges and deferred income
-€6,460
Investment (derived)
+€130,626
Investment in fixed assets (net)
+€130,626
Financing
-€611,315
Debts after one year
-€320,434
Current portion of long-term debt
-€84,949
Short-term financial debts
-€97,762
Contributions, distributions and other
-€108,170
Cash 2025
€78,303
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,795,558 | €2,326,617 | -€468,941 | -16.8% |
| Fixed assets | 21/28 | €2,248,643 | €1,957,956 | -€290,687 | -12.9% |
| Tangible fixed assets | 22/27 | €2,248,209 | €1,957,956 | -€290,253 | -12.9% |
| Land and buildings | 22 | €1,939,316 | €1,861,325 | -€77,991 | -4.0% |
| Plant, machinery and equipment | 23 | €186,966 | €51,655 | -€135,311 | -72.4% |
| Furniture and vehicles | 24 | €118,908 | €41,957 | -€76,951 | -64.7% |
| Other tangible fixed assets | 26 | €3,019 | €3,019 | = | 0.0% |
| Financial fixed assets | 28 | €434 | - | -€434 | |
| Current assets | 29/58 | €546,915 | €368,661 | -€178,254 | -32.6% |
| Stocks and contracts in progress | 3 | €82,284 | - | -€82,284 | |
| Stocks | 30/36 | €82,284 | - | -€82,284 | |
| Amounts receivable within one year | 40/41 | €445,340 | €278,618 | -€166,722 | -37.4% |
| Trade receivables | 40 | €341,777 | €78,618 | -€263,159 | -77.0% |
| Other amounts receivable | 41 | €103,563 | €200,000 | +€96,437 | +93.1% |
| Cash at bank and in hand | 54/58 | €7,280 | €78,303 | +€71,023 | +976% |
| Deferred charges and accrued income | 490/1 | €12,011 | €11,740 | -€271 | -2.3% |
| Total equity and liabilities | 10/49 | €2,795,558 | €2,326,617 | -€468,941 | -16.8% |
| Equity | 10/15 | €595,108 | €433,268 | -€161,840 | -27.2% |
| Contributions | 10/11 | €6,200 | €5,709 | -€491 | -7.9% |
| Reserves | 13 | €588,908 | €427,559 | -€161,349 | -27.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,713 | -€147 | -7.9% |
| Reserves not available under the articles | 1311 | €1,860 | €1,713 | -€147 | -7.9% |
| Distributable reserves | 133 | €587,048 | €425,846 | -€161,202 | -27.5% |
| Amounts payable | 17/49 | €2,200,450 | €1,893,349 | -€307,101 | -14.0% |
| Amounts payable after more than one year | 17 | €1,624,831 | €1,304,397 | -€320,434 | -19.7% |
| Financial debts | 170/4 | €1,624,831 | €1,304,397 | -€320,434 | -19.7% |
| Amounts payable within one year | 42/48 | €568,799 | €588,592 | +€19,793 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €237,730 | €152,781 | -€84,949 | -35.7% |
| Financial debts | 43 | €108,094 | €10,332 | -€97,762 | -90.4% |
| Credit institutions | 430/8 | €108,094 | €10,332 | -€97,762 | -90.4% |
| Trade debts | 44 | €80,599 | €8,856 | -€71,743 | -89.0% |
| Suppliers | 440/4 | €80,599 | €8,856 | -€71,743 | -89.0% |
| Taxes, remuneration and social security | 45 | €139,376 | €81 | -€139,295 | -99.9% |
| Taxes | 450/3 | €33,751 | €81 | -€33,670 | -99.8% |
| Remuneration and social security | 454/9 | €105,625 | - | -€105,625 | |
| Other amounts payable | 47/48 | €3,000 | €416,542 | +€413,542 | +13,785% |
| Accrued charges and deferred income | 492/3 | €6,820 | €360 | -€6,460 | -94.7% |
| Non-recurring operating income | 76A | €321 | €459 | +€138 | +43.0% |
| Remuneration, social security and pensions | 62 | €1,013,058 | €120 | -€1.0m | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €241,504 | €160,061 | -€81,443 | -33.7% |
| Other operating charges | 640/8 | €37,259 | €27,164 | -€10,095 | -27.1% |
| Gross operating margin | 9900 | €1,476,389 | €175,082 | -€1.3m | -88.1% |
| Operating profit (loss) | 9901 | €184,568 | -€12,263 | -€196,831 | |
| Financial income | 75/76B | €903 | €5,192 | +€4,289 | +475% |
| Recurring financial income | 75 | €903 | €5,192 | +€4,289 | +475% |
| Financial charges | 65/66B | €53,869 | €41,693 | -€12,176 | -22.6% |
| Recurring financial charges | 65 | €53,869 | €41,693 | -€12,176 | -22.6% |
| Profit (loss) for the period before taxes | 9903 | €131,602 | -€48,764 | -€180,366 | |
| Income taxes | 67/77 | €40,777 | €4,906 | -€35,871 | -88.0% |
| Profit (loss) for the period | 9904 | €90,825 | -€53,670 | -€144,495 | |
| Profit (loss) for the period to be appropriated | 9905 | €90,825 | -€53,670 | -€144,495 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.