SAVELEK: 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.
SAVELEK
Largest movements
- Stocks and contracts -€75,900
down €75,900 (-94.4%), from €80,400 to €4,500
- Deferred charges and accrued income +€12,310
up €12,310 (+714%), from €1,725 to €14,035
- Receivables within one year -€4,881
down €4,881 (-3.4%), from €145,404 to €140,523
of which Other amounts receivable: -€5,372
- Tangible fixed assets -€4,650
down €4,650 (-40.9%), from €11,358 to €6,708
of which Furniture and vehicles: -€3,252
- Accrued charges and deferred income -€23,370
no longer reported in 2025 (was €23,370)
- Other debts -€19,047
no longer reported in 2025 (was €19,047)
- Tax, wage and social debts -€14,133
down €14,133 (-45.3%), from €31,204 to €17,071
- Trade debts -€13,221
down €13,221 (-37.4%), from €35,369 to €22,148
- Reserves +€12,000
up €12,000 (+11.8%), from €101,500 to €113,500
- Gross operating margin -€22,764
down €22,764 (-54.3%), from €41,889 to €19,125
- Taxes -€5,985
down €5,985 (-43.4%), from €13,788 to €7,803
- Financial charges +€4,909
up €4,909 (+130%), from €3,781 to €8,689
of which Non-recurring financial charges: +€6,412
- Financial income +€4,391
up €4,391 (+42.5%), from €10,334 to €14,725
- Depreciation +€1,991
up €1,991 (+74.4%), from €2,675 to €4,666
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 | €357,039 | €283,874 | -€73,165 | -20.5% |
| Fixed assets | 21/28 | €11,358 | €6,708 | -€4,650 | -40.9% |
| Tangible fixed assets | 22/27 | €11,358 | €6,708 | -€4,650 | -40.9% |
| Land and buildings | 22 | €130 | €62 | -€69 | -52.7% |
| Plant, machinery and equipment | 23 | €2,128 | €800 | -€1,329 | -62.4% |
| Furniture and vehicles | 24 | €9,099 | €5,847 | -€3,252 | -35.7% |
| Current assets | 29/58 | €345,681 | €277,165 | -€68,516 | -19.8% |
| Amounts receivable after more than one year | 29 | €118,108 | €118,108 | = | 0.0% |
| Other amounts receivable | 291 | €118,108 | €118,108 | = | 0.0% |
| Stocks and contracts in progress | 3 | €80,400 | €4,500 | -€75,900 | -94.4% |
| Stocks | 30/36 | €80,400 | €4,500 | -€75,900 | -94.4% |
| Amounts receivable within one year | 40/41 | €145,404 | €140,523 | -€4,881 | -3.4% |
| Trade receivables | 40 | €5,568 | €6,060 | +€492 | +8.8% |
| Other amounts receivable | 41 | €139,835 | €134,463 | -€5,372 | -3.8% |
| Cash at bank and in hand | 54/58 | €45 | - | -€45 | |
| Deferred charges and accrued income | 490/1 | €1,725 | €14,035 | +€12,310 | +714% |
| Total equity and liabilities | 10/49 | €357,039 | €283,874 | -€73,165 | -20.5% |
| Equity | 10/15 | €118,000 | €130,454 | +€12,454 | +10.6% |
| Contributions | 10/11 | €16,500 | €16,500 | = | 0.0% |
| Reserves | 13 | €101,500 | €113,500 | +€12,000 | +11.8% |
| Distributable reserves | 133 | €101,500 | €113,500 | +€12,000 | +11.8% |
| Profit (loss) carried forward | 14 | - | €454 | +€454 | |
| Amounts payable | 17/49 | €239,038 | €153,419 | -€85,619 | -35.8% |
| Amounts payable after more than one year | 17 | €114,302 | €104,961 | -€9,341 | -8.2% |
| Financial debts | 170/4 | €114,302 | €104,961 | -€9,341 | -8.2% |
| Amounts payable within one year | 42/48 | €101,366 | €48,458 | -€52,908 | -52.2% |
| Current portion of amounts payable after more than one year | 42 | €12,126 | €9,056 | -€3,070 | -25.3% |
| Financial debts | 43 | €3,620 | €184 | -€3,436 | -94.9% |
| Credit institutions | 430/8 | €3,620 | €184 | -€3,436 | -94.9% |
| Trade debts | 44 | €35,369 | €22,148 | -€13,221 | -37.4% |
| Suppliers | 440/4 | €35,369 | €22,148 | -€13,221 | -37.4% |
| Taxes, remuneration and social security | 45 | €31,204 | €17,071 | -€14,133 | -45.3% |
| Taxes | 450/3 | €31,204 | €17,071 | -€14,133 | -45.3% |
| Other amounts payable | 47/48 | €19,047 | - | -€19,047 | |
| Accrued charges and deferred income | 492/3 | €23,370 | - | -€23,370 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,675 | €4,666 | +€1,991 | +74.4% |
| Other operating charges | 640/8 | €880 | €238 | -€642 | -73.0% |
| Gross operating margin | 9900 | €41,889 | €19,125 | -€22,764 | -54.3% |
| Operating profit (loss) | 9901 | €38,333 | €14,221 | -€24,112 | -62.9% |
| Financial income | 75/76B | €10,334 | €14,725 | +€4,391 | +42.5% |
| Recurring financial income | 75 | €10,334 | €14,725 | +€4,391 | +42.5% |
| Financial charges | 65/66B | €3,781 | €8,689 | +€4,909 | +130% |
| Recurring financial charges | 65 | €3,781 | €2,277 | -€1,504 | -39.8% |
| Non-recurring financial charges | 66B | - | €6,412 | +€6,412 | |
| Profit (loss) for the period before taxes | 9903 | €44,886 | €20,257 | -€24,629 | -54.9% |
| Income taxes | 67/77 | €13,788 | €7,803 | -€5,985 | -43.4% |
| Profit (loss) for the period | 9904 | €31,098 | €12,454 | -€18,644 | -60.0% |
| Profit (loss) for the period to be appropriated | 9905 | €31,098 | €12,454 | -€18,644 | -60.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.