SAVATOP: 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.
SAVATOP
Largest movements
- Cash -€22,584
down €22,584 (-92.7%), from €24,371 to €1,787
mainly Net result for the year (-€40,479) and Debts after one year (-€8,191)
- Tangible fixed assets -€11,989
down €11,989 (-47.5%), from €25,240 to €13,251
of which Plant, machinery and equipment: -€10,981
- Profit (loss) carried forward -€40,479
down €40,479 (-314.1%), from -€12,887 to -€53,366
- Debts after one year -€8,191
down €8,191 (-53.9%), from €15,204 to €7,013
- Trade debts +€7,120
up €7,120 (+22.0%), from €32,375 to €39,495
- Other debts +€5,535
up €5,535 (+2296.7%), from €241 to €5,776
- Tax, wage and social debts +€1,457
up €1,457 (+4.6%), from €31,476 to €32,933
of which Remuneration and social security: +€2,236
- Gross operating margin -€44,719
down €44,719 (-20.4%), from €219,541 to €174,822
- Staff costs +€8,032
up €8,032 (+4.3%), from €184,830 to €192,862
- Taxes -€4,620
no longer reported in 2025 (was €4,620)
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 | €79,363 | €45,043 | -€34,320 | -43.2% |
| Fixed assets | 21/28 | €27,403 | €15,414 | -€11,989 | -43.8% |
| Tangible fixed assets | 22/27 | €25,240 | €13,251 | -€11,989 | -47.5% |
| Plant, machinery and equipment | 23 | €21,760 | €10,779 | -€10,981 | -50.5% |
| Furniture and vehicles | 24 | €3,480 | €2,472 | -€1,008 | -29.0% |
| Financial fixed assets | 28 | €2,163 | €2,163 | = | 0.0% |
| Current assets | 29/58 | €51,960 | €29,629 | -€22,331 | -43.0% |
| Stocks and contracts in progress | 3 | €2,691 | €2,902 | +€211 | +7.8% |
| Stocks | 30/36 | €2,691 | €2,902 | +€211 | +7.8% |
| Amounts receivable within one year | 40/41 | €22,583 | €22,753 | +€170 | +0.8% |
| Other amounts receivable | 41 | €22,583 | €22,753 | +€170 | +0.8% |
| Cash at bank and in hand | 54/58 | €24,371 | €1,787 | -€22,584 | -92.7% |
| Deferred charges and accrued income | 490/1 | €2,315 | €2,187 | -€128 | -5.5% |
| Total equity and liabilities | 10/49 | €79,363 | €45,043 | -€34,320 | -43.2% |
| Equity | 10/15 | -€7,887 | -€48,366 | -€40,479 | -513.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,887 | -€53,366 | -€40,479 | -314.1% |
| Amounts payable | 17/49 | €87,250 | €93,409 | +€6,159 | +7.1% |
| Amounts payable after more than one year | 17 | €15,204 | €7,013 | -€8,191 | -53.9% |
| Financial debts | 170/4 | €15,204 | €7,013 | -€8,191 | -53.9% |
| Amounts payable within one year | 42/48 | €72,046 | €86,396 | +€14,350 | +19.9% |
| Current portion of amounts payable after more than one year | 42 | €7,954 | €8,192 | +€238 | +3.0% |
| Trade debts | 44 | €32,375 | €39,495 | +€7,120 | +22.0% |
| Suppliers | 440/4 | €32,375 | €39,495 | +€7,120 | +22.0% |
| Taxes, remuneration and social security | 45 | €31,476 | €32,933 | +€1,457 | +4.6% |
| Taxes | 450/3 | €13,524 | €12,745 | -€779 | -5.8% |
| Remuneration and social security | 454/9 | €17,952 | €20,188 | +€2,236 | +12.5% |
| Other amounts payable | 47/48 | €241 | €5,776 | +€5,535 | +2296.7% |
| Remuneration, social security and pensions | 62 | €184,830 | €192,862 | +€8,032 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,158 | €11,989 | -€169 | -1.4% |
| Other operating charges | 640/8 | €2,090 | €3,021 | +€931 | +44.5% |
| Non-recurring operating charges | 66A | €1,512 | €5,417 | +€3,905 | +258.3% |
| Gross operating margin | 9900 | €219,541 | €174,822 | -€44,719 | -20.4% |
| Operating profit (loss) | 9901 | €18,951 | -€38,467 | -€57,418 | |
| Financial income | 75/76B | €545 | €1 | -€544 | -99.8% |
| Recurring financial income | 75 | €545 | €1 | -€544 | -99.8% |
| Financial charges | 65/66B | €2,982 | €2,013 | -€969 | -32.5% |
| Recurring financial charges | 65 | €2,982 | €2,013 | -€969 | -32.5% |
| Profit (loss) for the period before taxes | 9903 | €16,514 | -€40,479 | -€56,993 | |
| Income taxes | 67/77 | €4,620 | - | -€4,620 | |
| Profit (loss) for the period | 9904 | €11,894 | -€40,479 | -€52,373 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,894 | -€40,479 | -€52,373 |
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 8 October 2026 via checked.be.