SAVI MANAGEMENT: 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.
SAVI MANAGEMENT
Largest movements
- Cash +€39,214
up €39,214 (+182.2%), from €21,517 to €60,732
mainly Net result for the year (+€49,224) and Tax, wage and social debts (+€15,823)
- Receivables within one year +€24,297
new in 2025: €24,297
- Tangible fixed assets -€1,905
down €1,905 (-57.1%), from €3,334 to €1,429
- Profit (loss) carried forward +€48,391
up €48,391 (+502.9%), from €9,623 to €58,014
- Tax, wage and social debts +€15,823
up €15,823 (+149.1%), from €10,612 to €26,435
of which Taxes: +€15,773
- Accrued charges and deferred income -€1,970
no longer reported in 2025 (was €1,970)
- Gross operating margin +€49,734
up €49,734 (+365.7%), from €13,599 to €63,333
- Taxes +€9,800
up €9,800 (+376.9%), from €2,600 to €12,400
- Depreciation +€1,429
up €1,429 (+300.0%), from €476 to €1,905
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 | €25,283 | €86,953 | +€61,670 | +243.9% |
| Fixed assets | 21/28 | €3,334 | €1,429 | -€1,905 | -57.1% |
| Tangible fixed assets | 22/27 | €3,334 | €1,429 | -€1,905 | -57.1% |
| Furniture and vehicles | 24 | €3,334 | €1,429 | -€1,905 | -57.1% |
| Current assets | 29/58 | €21,949 | €85,524 | +€63,575 | +289.7% |
| Amounts receivable within one year | 40/41 | - | €24,297 | +€24,297 | |
| Other amounts receivable | 41 | - | €24,297 | +€24,297 | |
| Cash at bank and in hand | 54/58 | €21,517 | €60,732 | +€39,214 | +182.2% |
| Deferred charges and accrued income | 490/1 | €432 | €495 | +€64 | +14.8% |
| Total equity and liabilities | 10/49 | €25,283 | €86,953 | +€61,670 | +243.9% |
| Equity | 10/15 | €11,123 | €59,514 | +€48,391 | +435.1% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,623 | €58,014 | +€48,391 | +502.9% |
| Amounts payable | 17/49 | €14,160 | €27,439 | +€13,279 | +93.8% |
| Amounts payable within one year | 42/48 | €12,190 | €27,439 | +€15,249 | +125.1% |
| Trade debts | 44 | €719 | €171 | -€548 | -76.2% |
| Suppliers | 440/4 | €719 | €171 | -€548 | -76.2% |
| Taxes, remuneration and social security | 45 | €10,612 | €26,435 | +€15,823 | +149.1% |
| Taxes | 450/3 | €10,612 | €26,385 | +€15,773 | +148.6% |
| Remuneration and social security | 454/9 | - | €50 | +€50 | |
| Other amounts payable | 47/48 | €859 | €833 | -€26 | -3.0% |
| Accrued charges and deferred income | 492/3 | €1,970 | - | -€1,970 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €476 | €1,905 | +€1,429 | +300.0% |
| Other operating charges | 640/8 | €41 | €359 | +€318 | +777.5% |
| Gross operating margin | 9900 | €13,599 | €63,333 | +€49,734 | +365.7% |
| Operating profit (loss) | 9901 | €13,082 | €61,069 | +€47,987 | +366.8% |
| Financial income | 75/76B | - | €603 | +€603 | |
| Recurring financial income | 75 | - | €603 | +€603 | |
| Financial charges | 65/66B | €0 | €48 | +€48 | +480900.0% |
| Recurring financial charges | 65 | €0 | €48 | +€48 | +480900.0% |
| Profit (loss) for the period before taxes | 9903 | €13,082 | €61,624 | +€48,542 | +371.1% |
| Income taxes | 67/77 | €2,600 | €12,400 | +€9,800 | +376.9% |
| Profit (loss) for the period | 9904 | €10,482 | €49,224 | +€38,742 | +369.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,482 | €49,224 | +€38,742 | +369.6% |
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 3 October 2026 via checked.be.