SAVE: 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.
SAVE
Largest movements
- Tangible fixed assets -€13,083
down €13,083 (-32.3%), from €40,514 to €27,431
of which Furniture and vehicles: -€12,767
- Cash -€2,186
down €2,186 (-9.4%), from €23,239 to €21,054
mainly Other debts (-€6,113) and Debts after one year (-€4,854)
- Receivables within one year +€1,376
up €1,376 (+13.5%), from €10,201 to €11,577
- Other debts -€6,113
down €6,113 (-75.1%), from €8,143 to €2,030
- Debts after one year -€4,854
down €4,854 (-6.9%), from €70,287 to €65,433
- Profit (loss) carried forward -€2,664
down €2,664 (-14.7%), from -€18,077 to -€20,740
- Gross operating margin -€1,162
down €1,162 (-9.4%), from €12,367 to €11,205
- Taxes +€245
up €245 (+257.6%), from €95 to €341
- Financial charges -€183
down €183 (-29.1%), from €628 to €445
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 | €76,264 | €62,494 | -€13,770 | -18.1% |
| Fixed assets | 21/28 | €40,639 | €27,556 | -€13,083 | -32.2% |
| Tangible fixed assets | 22/27 | €40,514 | €27,431 | -€13,083 | -32.3% |
| Plant, machinery and equipment | 23 | €2,528 | €2,212 | -€316 | -12.5% |
| Furniture and vehicles | 24 | €37,986 | €25,219 | -€12,767 | -33.6% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €35,626 | €34,938 | -€687 | -1.9% |
| Amounts receivable within one year | 40/41 | €10,201 | €11,577 | +€1,376 | +13.5% |
| Trade receivables | 40 | €10,201 | €11,577 | +€1,376 | +13.5% |
| Cash at bank and in hand | 54/58 | €23,239 | €21,054 | -€2,186 | -9.4% |
| Deferred charges and accrued income | 490/1 | €2,185 | €2,307 | +€122 | +5.6% |
| Total equity and liabilities | 10/49 | €76,264 | €62,494 | -€13,770 | -18.1% |
| Equity | 10/15 | -€9,261 | -€11,925 | -€2,664 | -28.8% |
| Contributions | 10/11 | €6,532 | €6,532 | = | 0.0% |
| Reserves | 13 | €2,283 | €2,283 | = | 0.0% |
| Distributable reserves | 133 | €2,283 | €2,283 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,077 | -€20,740 | -€2,664 | -14.7% |
| Amounts payable | 17/49 | €85,526 | €74,419 | -€11,107 | -13.0% |
| Amounts payable after more than one year | 17 | €70,287 | €65,433 | -€4,854 | -6.9% |
| Other amounts payable | 178/9 | €70,287 | €65,433 | -€4,854 | -6.9% |
| Amounts payable within one year | 42/48 | €15,238 | €8,986 | -€6,252 | -41.0% |
| Current portion of amounts payable after more than one year | 42 | €5,091 | €4,854 | -€236 | -4.6% |
| Trade debts | 44 | €118 | €203 | +€84 | +71.1% |
| Suppliers | 440/4 | €118 | €203 | +€84 | +71.1% |
| Taxes, remuneration and social security | 45 | €1,886 | €1,899 | +€13 | +0.7% |
| Taxes | 450/3 | €1,886 | €1,899 | +€13 | +0.7% |
| Other amounts payable | 47/48 | €8,143 | €2,030 | -€6,113 | -75.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,083 | €13,083 | -€0 | 0.0% |
| Gross operating margin | 9900 | €12,367 | €11,205 | -€1,162 | -9.4% |
| Operating profit (loss) | 9901 | -€716 | -€1,878 | -€1,162 | -162.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €628 | €445 | -€183 | -29.1% |
| Recurring financial charges | 65 | €628 | €445 | -€183 | -29.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,344 | -€2,323 | -€979 | -72.8% |
| Income taxes | 67/77 | €95 | €341 | +€245 | +257.6% |
| Profit (loss) for the period | 9904 | -€1,440 | -€2,664 | -€1,224 | -85.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,440 | -€2,664 | -€1,224 | -85.0% |
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 4 October 2026 via checked.be.