SAVERDE: 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.
What changed
SAVERDE
NACE 10.820, Manufacture of cocoa, chocolate and sugar confectionery
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€31,367
2024 · €23,866+€7,501
Equity
€461,863
2024 · €430,497+€31,367
Cash
€7,758
2024 · €1,358+€6,401
Balance sheet total
€2.5m
2024 · €2.4m+€116,610
Largest movements
Assets
- Receivables within one year +€49,634
up €49,634 (+34.9%), from €142,141 to €191,775
of which Trade receivables: +€30,822
- Intangible fixed assets +€46,668
up €46,668 (+8.7%), from €538,889 to €585,557
Equity and liabilities
- Other debts +€192,500
up €192,500 (+39.8%), from €483,500 to €676,000
- Debts after one year -€136,177
down €136,177 (-15.4%), from €883,291 to €747,114
of which Financial debts: -€108,177
- Trade debts +€68,204
up €68,204 (+29.2%), from €233,530 to €301,734
- Reserves +€31,367
up €31,367 (+19.4%), from €161,897 to €193,263
- Current portion of long-term debt -€31,081
down €31,081 (-25.5%), from €121,732 to €90,650
Income statement
- Staff costs -€15,028
down €15,028 (-3.3%), from €456,138 to €441,110
- Other operating charges +€12,389
up €12,389 (+1132.9%), from €1,094 to €13,482
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.
Result 2024
€23,866
Gross operating margin
+€4,504
Staff costs
+€15,028
Depreciation
-€1,212
Other operating charges
-€12,389
Financial income
-€3,551
Financial charges
+€5,301
Taxes
-€180
Result 2025
€31,367
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.
From operations
+€477,396
Investment
-€278,701
Financing
-€192,294
Cash 2024
€1,358
From operations (derived)
+€477,396
Net result for the year
+€31,367
Depreciation
+€208,025
Stocks and contracts
+€750
Receivables within one year
-€49,634
Deferred charges and accrued income
+€9,351
Trade debts
+€68,204
Tax, wage and social debts
+€15,686
Other debts
+€192,500
Accrued charges and deferred income
+€1,147
Investment (derived)
-€278,701
Investment in fixed assets (net)
-€278,701
Financing
-€192,294
Debts after one year
-€136,177
Current portion of long-term debt
-€31,081
Short-term financial debts
-€25,035
Cash 2025
€7,758
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,424,742 | €2,541,351 | +€116,610 | +4.8% |
| Fixed assets | 21/28 | €1,582,788 | €1,653,464 | +€70,676 | +4.5% |
| Intangible fixed assets | 21 | €538,889 | €585,557 | +€46,668 | +8.7% |
| Tangible fixed assets | 22/27 | €1,043,649 | €1,067,657 | +€24,008 | +2.3% |
| Land and buildings | 22 | €586,813 | €555,826 | -€30,987 | -5.3% |
| Plant, machinery and equipment | 23 | €456,767 | €511,415 | +€54,648 | +12.0% |
| Furniture and vehicles | 24 | €69 | €416 | +€348 | +507.2% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €841,954 | €887,887 | +€45,933 | +5.5% |
| Stocks and contracts in progress | 3 | €602,018 | €601,268 | -€750 | -0.1% |
| Stocks | 30/36 | €602,018 | €601,268 | -€750 | -0.1% |
| Amounts receivable within one year | 40/41 | €142,141 | €191,775 | +€49,634 | +34.9% |
| Trade receivables | 40 | €81,176 | €111,999 | +€30,822 | +38.0% |
| Other amounts receivable | 41 | €60,964 | €79,776 | +€18,812 | +30.9% |
| Cash at bank and in hand | 54/58 | €1,358 | €7,758 | +€6,401 | +471.5% |
| Deferred charges and accrued income | 490/1 | €96,437 | €87,086 | -€9,351 | -9.7% |
| Total equity and liabilities | 10/49 | €2,424,742 | €2,541,351 | +€116,610 | +4.8% |
| Equity | 10/15 | €430,497 | €461,863 | +€31,367 | +7.3% |
| Contributions | 10/11 | €268,600 | €268,600 | = | 0.0% |
| Reserves | 13 | €161,897 | €193,263 | +€31,367 | +19.4% |
| Distributable reserves | 133 | €161,897 | €193,263 | +€31,367 | +19.4% |
| Amounts payable | 17/49 | €1,994,245 | €2,079,488 | +€85,243 | +4.3% |
| Amounts payable after more than one year | 17 | €883,291 | €747,114 | -€136,177 | -15.4% |
| Financial debts | 170/4 | €340,291 | €232,114 | -€108,177 | -31.8% |
| Other amounts payable | 178/9 | €543,000 | €515,000 | -€28,000 | -5.2% |
| Amounts payable within one year | 42/48 | €1,083,518 | €1,303,790 | +€220,273 | +20.3% |
| Current portion of amounts payable after more than one year | 42 | €121,732 | €90,650 | -€31,081 | -25.5% |
| Financial debts | 43 | €173,299 | €148,264 | -€25,035 | -14.4% |
| Credit institutions | 430/8 | €173,299 | €148,264 | -€25,035 | -14.4% |
| Trade debts | 44 | €233,530 | €301,734 | +€68,204 | +29.2% |
| Suppliers | 440/4 | €233,530 | €301,734 | +€68,204 | +29.2% |
| Taxes, remuneration and social security | 45 | €71,456 | €87,142 | +€15,686 | +22.0% |
| Taxes | 450/3 | €10,783 | €13,657 | +€2,873 | +26.6% |
| Remuneration and social security | 454/9 | €60,673 | €73,485 | +€12,812 | +21.1% |
| Other amounts payable | 47/48 | €483,500 | €676,000 | +€192,500 | +39.8% |
| Accrued charges and deferred income | 492/3 | €27,436 | €28,584 | +€1,147 | +4.2% |
| Remuneration, social security and pensions | 62 | €456,138 | €441,110 | -€15,028 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €206,813 | €208,025 | +€1,212 | +0.6% |
| Other operating charges | 640/8 | €1,094 | €13,482 | +€12,389 | +1132.9% |
| Gross operating margin | 9900 | €720,786 | €725,290 | +€4,504 | +0.6% |
| Operating profit (loss) | 9901 | €56,742 | €62,672 | +€5,931 | +10.5% |
| Financial income | 75/76B | €3,894 | €343 | -€3,551 | -91.2% |
| Recurring financial income | 75 | €3,894 | €343 | -€3,551 | -91.2% |
| Financial charges | 65/66B | €36,654 | €31,353 | -€5,301 | -14.5% |
| Recurring financial charges | 65 | €36,654 | €31,353 | -€5,301 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €23,982 | €31,662 | +€7,681 | +32.0% |
| Income taxes | 67/77 | €116 | €296 | +€180 | +155.7% |
| Profit (loss) for the period | 9904 | €23,866 | €31,367 | +€7,501 | +31.4% |
| Profit (loss) for the period to be appropriated | 9905 | €23,866 | €31,367 | +€7,501 | +31.4% |
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 6 October 2026 via checked.be.