SAVE FINANCE: 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.
SAVE FINANCE
Largest movements
- Cash -€17,394
down €17,394 (-32.7%), from €53,255 to €35,861
mainly Contributions, distributions and other (-€71,612) and Advances received (-€49,243)
- Tangible fixed assets -€13,170
down €13,170 (-3.2%), from €412,271 to €399,101
of which Land and buildings: -€12,840
- Financial fixed assets -€10,000
no longer reported in 2025 (was €10,000)
- Receivables within one year -€9,330
down €9,330 (-3.0%), from €315,101 to €305,771
of which Trade receivables: -€27,900
- Advances received -€49,243
down €49,243 (-80.4%), from €61,243 to €12,000
- Debts after one year -€22,915
down €22,915 (-7.7%), from €298,727 to €275,811
- Reserves +€17,038
up €17,038 (+5.9%), from €288,601 to €305,639
- Gross operating margin +€56,306
up €56,306 (+476%), from €11,828 to €68,134
- Financial income +€55,366
up €55,366 (+377%), from €14,681 to €70,046
- Taxes +€21,366
up €21,366 (+10,295%), from €208 to €21,574
- Depreciation -€4,536
down €4,536 (-25.6%), from €17,706 to €13,170
- Other operating charges -€1,393
down €1,393 (-36.9%), from €3,780 to €2,387
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 | €839,703 | €788,294 | -€51,409 | -6.1% |
| Fixed assets | 21/28 | €422,271 | €399,101 | -€23,170 | -5.5% |
| Tangible fixed assets | 22/27 | €412,271 | €399,101 | -€13,170 | -3.2% |
| Land and buildings | 22 | €411,336 | €398,496 | -€12,840 | -3.1% |
| Furniture and vehicles | 24 | €935 | €605 | -€330 | -35.3% |
| Financial fixed assets | 28 | €10,000 | - | -€10,000 | |
| Current assets | 29/58 | €417,432 | €389,193 | -€28,239 | -6.8% |
| Amounts receivable after more than one year | 29 | €40,000 | €40,000 | = | 0.0% |
| Other amounts receivable | 291 | €40,000 | €40,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €315,101 | €305,771 | -€9,330 | -3.0% |
| Trade receivables | 40 | €66,684 | €38,784 | -€27,900 | -41.8% |
| Other amounts receivable | 41 | €248,418 | €266,987 | +€18,569 | +7.5% |
| Cash at bank and in hand | 54/58 | €53,255 | €35,861 | -€17,394 | -32.7% |
| Deferred charges and accrued income | 490/1 | €9,077 | €7,562 | -€1,515 | -16.7% |
| Total equity and liabilities | 10/49 | €839,703 | €788,294 | -€51,409 | -6.1% |
| Equity | 10/15 | €346,926 | €363,963 | +€17,038 | +4.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €288,601 | €305,639 | +€17,038 | +5.9% |
| Distributable reserves | 133 | €288,601 | €305,639 | +€17,038 | +5.9% |
| Profit (loss) carried forward | 14 | €39,725 | €39,725 | = | 0.0% |
| Amounts payable | 17/49 | €492,778 | €424,331 | -€68,447 | -13.9% |
| Amounts payable after more than one year | 17 | €298,727 | €275,811 | -€22,915 | -7.7% |
| Financial debts | 170/4 | €298,727 | €275,811 | -€22,915 | -7.7% |
| Amounts payable within one year | 42/48 | €194,051 | €147,299 | -€46,752 | -24.1% |
| Current portion of amounts payable after more than one year | 42 | €22,421 | €22,915 | +€495 | +2.2% |
| Financial debts | 43 | €6,632 | €1,250 | -€5,382 | -81.2% |
| Credit institutions | 430/8 | €6,632 | €1,250 | -€5,382 | -81.2% |
| Trade debts | 44 | €22,716 | €23,072 | +€356 | +1.6% |
| Suppliers | 440/4 | €22,716 | €23,072 | +€356 | +1.6% |
| Advances received on contracts in progress | 46 | €61,243 | €12,000 | -€49,243 | -80.4% |
| Taxes, remuneration and social security | 45 | €11,578 | €16,439 | +€4,861 | +42.0% |
| Taxes | 450/3 | €11,578 | €16,439 | +€4,861 | +42.0% |
| Other amounts payable | 47/48 | €69,461 | €71,622 | +€2,161 | +3.1% |
| Accrued charges and deferred income | 492/3 | - | €1,220 | +€1,220 | |
| Non-recurring operating income | 76A | - | €17,355 | +€17,355 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,706 | €13,170 | -€4,536 | -25.6% |
| Other operating charges | 640/8 | €3,780 | €2,387 | -€1,393 | -36.9% |
| Non-recurring operating charges | 66A | - | €3,922 | +€3,922 | |
| Gross operating margin | 9900 | €11,828 | €68,134 | +€56,306 | +476% |
| Operating profit (loss) | 9901 | -€9,659 | €48,655 | +€58,313 | |
| Financial income | 75/76B | €14,681 | €70,046 | +€55,366 | +377% |
| Recurring financial income | 75 | €14,681 | €70,046 | +€55,366 | +377% |
| Financial charges | 65/66B | €8,629 | €8,477 | -€151 | -1.8% |
| Recurring financial charges | 65 | €8,629 | €8,477 | -€151 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,607 | €110,224 | +€113,830 | |
| Income taxes | 67/77 | €208 | €21,574 | +€21,366 | +10,295% |
| Profit (loss) for the period | 9904 | -€3,814 | €88,650 | +€92,464 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,814 | €88,650 | +€92,464 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.