SAVENERG: 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.
What changed
SAVENERG
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
financial year 31-12-2025 compared with 31-12-2024filed annual accounts (NBB)
Net result for the year
-€15,080
31-12-2024 · -€22,006+€6,926
Equity
€212,052
31-12-2024 · €227,132-€15,080
Cash
€104,230
31-12-2024 · €142,914-€38,684
Balance sheet total
€241,309
31-12-2024 · €284,134-€42,825
Largest movements
Assets
- Cash -€38,684
down €38,684 (-27.1%), from €142,914 to €104,230
mainly Tax, wage and social debts (-€18,160) and Net result for the year (-€15,080)
- Tangible fixed assets -€5,454
down €5,454 (-47.4%), from €11,507 to €6,053
of which Furniture and vehicles: -€5,454
Equity and liabilities
- Tax, wage and social debts -€18,160
down €18,160 (-67.7%), from €26,815 to €8,655
of which Taxes: -€22,014
- Profit (loss) carried forward -€15,080
down €15,080 (-55.7%), from €27,058 to €11,979
- Debts after one year -€5,970
no longer reported in 2025 (was €5,970)
- Current portion of long-term debt -€2,851
down €2,851 (-35.3%), from €8,079 to €5,228
Income statement
- Write-downs +€40,113
new in 2025: €40,113
- Turnover +€34,239
up €34,239 (+18.3%), from €187,588 to €221,827
- Services and other goods -€8,749
down €8,749 (-22.3%), from €39,186 to €30,437
- Goods and materials -€6,646
down €6,646 (-34.5%), from €19,285 to €12,640
- Staff costs +€2,287
up €2,287 (+1.6%), from €142,018 to €144,305
From the 31-12-2024 result to the 31-12-2025 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.
Result 31-12-2024
-€22,006
Turnover
+€34,239
Other operating income
+€136
Goods and materials
+€6,646
Services and other goods
+€8,749
Staff costs
-€2,287
Depreciation
+€391
Write-downs
-€40,113
Other operating charges
-€1,039
Financial charges
+€205
Result 31-12-2025
-€15,080
raises the resultlowers the result
Derived cash bridge
Derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€29,863
Investment
€0
Financing
-€8,821
Cash 31-12-2024
€142,914
From operations (derived)
-€29,863
Net result for the year
-€15,080
Depreciation
+€5,454
Receivables within one year
-€560
Deferred charges and accrued income
-€754
Trade debts
-€1,091
Tax, wage and social debts
-€18,160
Other debts
+€311
Accrued charges and deferred income
+€16
Financing
-€8,821
Debts after one year
-€5,970
Current portion of long-term debt
-€2,851
Cash 31-12-2025
€104,230
brings cash intakes cash out
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €284,134 | €241,309 | -€42,825 | -15.1% |
| Fixed assets | 21/28 | €14,172 | €8,718 | -€5,454 | -38.5% |
| Tangible fixed assets | 22/27 | €11,507 | €6,053 | -€5,454 | -47.4% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €11,507 | €6,053 | -€5,454 | -47.4% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €2,665 | €2,665 | = | 0.0% |
| Other financial fixed assets | 284/8 | €2,665 | €2,665 | = | 0.0% |
| Shares | 284 | €124 | €124 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,541 | €2,541 | = | 0.0% |
| Current assets | 29/58 | €269,961 | €232,591 | -€37,370 | -13.8% |
| Amounts receivable within one year | 40/41 | €127,048 | €127,607 | +€560 | +0.4% |
| Trade receivables | 40 | €125,877 | €125,943 | +€66 | +0.1% |
| Other amounts receivable | 41 | €1,170 | €1,665 | +€494 | +42.2% |
| Cash at bank and in hand | 54/58 | €142,914 | €104,230 | -€38,684 | -27.1% |
| Deferred charges and accrued income | 490/1 | - | €754 | +€754 | |
| Total equity and liabilities | 10/49 | €284,134 | €241,309 | -€42,825 | -15.1% |
| Equity | 10/15 | €227,132 | €212,052 | -€15,080 | -6.6% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €125,705 | €125,705 | = | 0.0% |
| Non-distributable reserves | 130/1 | €35,705 | €35,705 | = | 0.0% |
| Legal reserve | 130 | €8,437 | €8,437 | = | 0.0% |
| Reserves not available under the articles | 1311 | €27,268 | €27,268 | = | 0.0% |
| Distributable reserves | 133 | €90,000 | €90,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,058 | €11,979 | -€15,080 | -55.7% |
| Amounts payable | 17/49 | €57,002 | €29,257 | -€27,745 | -48.7% |
| Amounts payable after more than one year | 17 | €5,970 | - | -€5,970 | |
| Financial debts | 170/4 | €5,970 | - | -€5,970 | |
| Credit institutions | 173 | €5,970 | - | -€5,970 | |
| Amounts payable within one year | 42/48 | €51,032 | €29,241 | -€21,791 | -42.7% |
| Current portion of amounts payable after more than one year | 42 | €8,079 | €5,228 | -€2,851 | -35.3% |
| Trade debts | 44 | €16,100 | €15,009 | -€1,091 | -6.8% |
| Suppliers | 440/4 | €16,100 | €15,009 | -€1,091 | -6.8% |
| Taxes, remuneration and social security | 45 | €26,815 | €8,655 | -€18,160 | -67.7% |
| Taxes | 450/3 | €22,898 | €884 | -€22,014 | -96.1% |
| Remuneration and social security | 454/9 | €3,918 | €7,771 | +€3,854 | +98.4% |
| Other amounts payable | 47/48 | €38 | €349 | +€311 | +830% |
| Accrued charges and deferred income | 492/3 | - | €16 | +€16 | |
| Operating income | 70/76A | €187,809 | €222,183 | +€34,375 | +18.3% |
| Turnover | 70 | €187,588 | €221,827 | +€34,239 | +18.3% |
| Other operating income | 74 | €221 | €356 | +€136 | +61.5% |
| Operating charges | 60/66A | €209,266 | €236,919 | +€27,654 | +13.2% |
| Goods for resale, raw materials and consumables | 60 | €19,285 | €12,640 | -€6,646 | -34.5% |
| Purchases | 600/8 | €19,285 | €12,640 | -€6,646 | -34.5% |
| Services and other goods | 61 | €39,186 | €30,437 | -€8,749 | -22.3% |
| Remuneration, social security and pensions | 62 | €142,018 | €144,305 | +€2,287 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,845 | €5,454 | -€391 | -6.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €40,113 | +€40,113 | |
| Other operating charges | 640/8 | €2,931 | €3,970 | +€1,039 | +35.5% |
| Operating profit (loss) | 9901 | -€21,457 | -€14,736 | +€6,721 | +31.3% |
| Financial charges | 65/66B | €549 | €344 | -€205 | -37.4% |
| Recurring financial charges | 65 | €549 | €344 | -€205 | -37.4% |
| Debt charges | 650 | €96 | €301 | +€205 | +213% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €0 | - | = | |
| Other financial charges | 652/9 | €453 | €43 | -€410 | -90.5% |
| Profit (loss) for the period before taxes | 9903 | -€22,006 | -€15,080 | +€6,926 | +31.5% |
| Profit (loss) for the period | 9904 | -€22,006 | -€15,080 | +€6,926 | +31.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,006 | -€15,080 | +€6,926 | +31.5% |
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 19 October 2026 via checked.be.