Savast: what changed
Two fiscal 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.
Savast
Largest movements
- Tangible fixed assets -€46,129
down €46,129 (-62.0%), from €74,430 to €28,301
of which Other tangible fixed assets: -€74,430
- Stocks and contracts -€24,691
no longer reported in 2025 (was €24,691)
- Cash +€15,138
up €15,138 (+89.7%), from €16,880 to €32,017
mainly Investment in fixed assets (net) (+€42,720) and Stocks and contracts (+€24,691)
- Receivables within one year +€7,308
up €7,308 (+76.9%), from €9,497 to €16,805
of which Trade receivables: +€8,039
- Deferred charges and accrued income -€1,739
down €1,739 (-59.7%), from €2,912 to €1,174
- Reserves -€31,728
no longer reported in 2025 (was €31,728)
- Other debts -€22,556
down €22,556 (-29.8%), from €75,785 to €53,229
- Tax, wage and social debts +€4,726
up €4,726 (+64.6%), from €7,314 to €12,040
of which Taxes: +€4,731
- Gross operating margin +€15,238
up €15,238 (+85.2%), from €17,894 to €33,133
- Depreciation +€3,409
new in 2025: €3,409
- Taxes +€3,063
up €3,063 (+90.4%), from €3,390 to €6,453
- Financial charges -€1,284
down €1,284 (-43.8%), from €2,931 to €1,646
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 | €128,410 | €78,297 | -€50,113 | -39.0% |
| Fixed assets | 21/28 | €74,430 | €28,301 | -€46,129 | -62.0% |
| Tangible fixed assets | 22/27 | €74,430 | €28,301 | -€46,129 | -62.0% |
| Plant, machinery and equipment | 23 | - | €1,318 | +€1,318 | |
| Furniture and vehicles | 24 | - | €26,983 | +€26,983 | |
| Other tangible fixed assets | 26 | €74,430 | - | -€74,430 | |
| Current assets | 29/58 | €53,980 | €49,996 | -€3,984 | -7.4% |
| Stocks and contracts in progress | 3 | €24,691 | - | -€24,691 | |
| Stocks | 30/36 | €24,691 | - | -€24,691 | |
| Amounts receivable within one year | 40/41 | €9,497 | €16,805 | +€7,308 | +76.9% |
| Trade receivables | 40 | €8,766 | €16,805 | +€8,039 | +91.7% |
| Other amounts receivable | 41 | €731 | - | -€731 | |
| Cash at bank and in hand | 54/58 | €16,880 | €32,017 | +€15,138 | +89.7% |
| Deferred charges and accrued income | 490/1 | €2,912 | €1,174 | -€1,739 | -59.7% |
| Total equity and liabilities | 10/49 | €128,410 | €78,297 | -€50,113 | -39.0% |
| Equity | 10/15 | €36,728 | €5,000 | -€31,728 | -86.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €31,728 | - | -€31,728 | |
| Distributable reserves | 133 | €31,728 | - | -€31,728 | |
| Amounts payable | 17/49 | €91,682 | €73,297 | -€18,385 | -20.1% |
| Amounts payable within one year | 42/48 | €91,682 | €73,297 | -€18,385 | -20.1% |
| Trade debts | 44 | €8,583 | €8,027 | -€556 | -6.5% |
| Suppliers | 440/4 | €8,583 | €8,027 | -€556 | -6.5% |
| Taxes, remuneration and social security | 45 | €7,314 | €12,040 | +€4,726 | +64.6% |
| Taxes | 450/3 | €4,804 | €9,535 | +€4,731 | +98.5% |
| Remuneration and social security | 454/9 | €2,509 | €2,504 | -€5 | -0.2% |
| Other amounts payable | 47/48 | €75,785 | €53,229 | -€22,556 | -29.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,409 | +€3,409 | |
| Other operating charges | 640/8 | €555 | €679 | +€123 | +22.2% |
| Gross operating margin | 9900 | €17,894 | €33,133 | +€15,238 | +85.2% |
| Operating profit (loss) | 9901 | €17,339 | €29,045 | +€11,706 | +67.5% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €2,931 | €1,646 | -€1,284 | -43.8% |
| Recurring financial charges | 65 | €2,931 | €1,646 | -€1,284 | -43.8% |
| Profit (loss) for the period before taxes | 9903 | €14,408 | €27,402 | +€12,994 | +90.2% |
| Income taxes | 67/77 | €3,390 | €6,453 | +€3,063 | +90.4% |
| Profit (loss) for the period | 9904 | €11,018 | €20,949 | +€9,930 | +90.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,018 | €20,949 | +€9,930 | +90.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.