SAVECOM: 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.
SAVECOM
Largest movements
- Cash -€2,776
down €2,776 (-61.9%), from €4,488 to €1,712
mainly Net result for the year (-€2,284) and Accrued charges and deferred income (-€765)
- Profit (loss) carried forward -€2,284
down €2,284 (-0.5%), from -€454,758 to -€457,042
- Accrued charges and deferred income -€765
no longer reported in 2024 (was €765)
- Gross operating margin -€5,430
down €5,430, from €3,925 to -€1,505
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,502 | €20,514 | -€2,988 | -12.7% |
| Fixed assets | 21/28 | €409 | €197 | -€212 | -51.8% |
| Tangible fixed assets | 22/27 | €409 | €197 | -€212 | -51.8% |
| Furniture and vehicles | 24 | €409 | €197 | -€212 | -51.8% |
| Current assets | 29/58 | €23,093 | €20,317 | -€2,776 | -12.0% |
| Amounts receivable within one year | 40/41 | €18,605 | €18,605 | = | 0.0% |
| Other amounts receivable | 41 | €18,605 | €18,605 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,488 | €1,712 | -€2,776 | -61.9% |
| Total equity and liabilities | 10/49 | €23,502 | €20,514 | -€2,988 | -12.7% |
| Equity | 10/15 | -€396,807 | -€399,091 | -€2,284 | -0.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €39,359 | €39,359 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€454,758 | -€457,042 | -€2,284 | -0.5% |
| Amounts payable | 17/49 | €420,309 | €419,604 | -€705 | -0.2% |
| Amounts payable within one year | 42/48 | €419,544 | €419,604 | +€60 | 0.0% |
| Taxes, remuneration and social security | 45 | €6 | €6 | = | 0.0% |
| Taxes | 450/3 | €6 | €6 | = | 0.0% |
| Other amounts payable | 47/48 | €419,539 | €419,599 | +€60 | 0.0% |
| Accrued charges and deferred income | 492/3 | €765 | - | -€765 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €212 | €212 | = | 0.0% |
| Other operating charges | 640/8 | €411 | €448 | +€37 | +9.0% |
| Gross operating margin | 9900 | €3,925 | -€1,505 | -€5,430 | |
| Operating profit (loss) | 9901 | €3,302 | -€2,165 | -€5,467 | |
| Financial charges | 65/66B | €101 | €119 | +€17 | +17.2% |
| Recurring financial charges | 65 | €101 | €119 | +€17 | +17.2% |
| Profit (loss) for the period before taxes | 9903 | €3,201 | -€2,284 | -€5,484 | |
| Profit (loss) for the period | 9904 | €3,201 | -€2,284 | -€5,484 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,201 | -€2,284 | -€5,484 |
Source: filed annual accounts (NBB), fiscal years ended 30 November 2023 and 30 November 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.