SAVED HOLDING: 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.
SAVED HOLDING
Largest movements
- Financial fixed assets +€490,000
new in 2025: €490,000
- Cash -€43,306
down €43,306 (-88.1%), from €49,155 to €5,850
mainly Investment in fixed assets (net) (-€490,000) and Net result for the year (-€4,058)
- Receivables within one year -€10,000
no longer reported in 2025 (was €10,000)
- Debts after one year +€381,100
new in 2025: €381,100
- Current portion of long-term debt +€41,974
new in 2025: €41,974
- Other debts +€18,066
new in 2025: €18,066
- Financial charges +€1,957
up €1,957 (+2043.2%), from €96 to €2,053
- Gross operating margin +€632
up €632 (+24.7%), from -€2,557 to -€1,925
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 | €59,155 | €495,850 | +€436,694 | +738.2% |
| Fixed assets | 21/28 | - | €490,000 | +€490,000 | |
| Financial fixed assets | 28 | - | €490,000 | +€490,000 | |
| Current assets | 29/58 | €59,155 | €5,850 | -€53,306 | -90.1% |
| Amounts receivable within one year | 40/41 | €10,000 | - | -€10,000 | |
| Other amounts receivable | 41 | €10,000 | - | -€10,000 | |
| Cash at bank and in hand | 54/58 | €49,155 | €5,850 | -€43,306 | -88.1% |
| Total equity and liabilities | 10/49 | €59,155 | €495,850 | +€436,694 | +738.2% |
| Equity | 10/15 | €58,767 | €54,709 | -€4,058 | -6.9% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,733 | -€6,791 | -€4,058 | -148.5% |
| Amounts payable | 17/49 | €388 | €441,140 | +€440,752 | +113514.0% |
| Amounts payable after more than one year | 17 | - | €381,100 | +€381,100 | |
| Financial debts | 170/4 | - | €381,100 | +€381,100 | |
| Amounts payable within one year | 42/48 | €388 | €60,040 | +€59,652 | +15363.0% |
| Current portion of amounts payable after more than one year | 42 | - | €41,974 | +€41,974 | |
| Trade debts | 44 | €388 | - | -€388 | |
| Suppliers | 440/4 | €388 | - | -€388 | |
| Other amounts payable | 47/48 | - | €18,066 | +€18,066 | |
| Other operating charges | 640/8 | €80 | €80 | = | 0.0% |
| Gross operating margin | 9900 | -€2,557 | -€1,925 | +€632 | +24.7% |
| Operating profit (loss) | 9901 | -€2,637 | -€2,005 | +€632 | +24.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €96 | €2,053 | +€1,957 | +2043.2% |
| Recurring financial charges | 65 | €96 | €2,053 | +€1,957 | +2043.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,733 | -€4,058 | -€1,325 | -48.5% |
| Profit (loss) for the period | 9904 | -€2,733 | -€4,058 | -€1,325 | -48.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,733 | -€4,058 | -€1,325 | -48.5% |
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.