SAVICOM: 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.
SAVICOM
Largest movements
- Cash +€51,764
up €51,764 (+2559.3%), from €2,023 to €53,787
mainly Net result for the year (+€31,983) and Investment in fixed assets (net) (+€19,528)
- Tangible fixed assets -€31,478
down €31,478 (-87.1%), from €36,148 to €4,670
of which Furniture and vehicles: -€30,641
- Receivables within one year -€17,274
down €17,274 (-26.9%), from €64,123 to €46,849
of which Other amounts receivable: -€19,500
- Profit (loss) carried forward +€30,631
no longer reported in 2025 (was -€30,631)
- Debts after one year -€18,381
no longer reported in 2025 (was €18,381)
- Current portion of long-term debt -€15,533
down €15,533 (-45.8%), from €33,914 to €18,381
- Tax, wage and social debts +€11,015
up €11,015 (+310.3%), from €3,550 to €14,565
- Other debts -€7,466
down €7,466 (-14.3%), from €52,185 to €44,719
- Gross operating margin +€35,798
up €35,798 (+163.9%), from €21,845 to €57,642
- Depreciation -€12,639
down €12,639 (-51.4%), from €24,589 to €11,950
- Taxes +€7,853
up €7,853, from -€991 to €6,862
- Financial income -€5,724
down €5,724 (-99.8%), from €5,738 to €13
- Financial charges +€2,213
up €2,213 (+67.2%), from €3,293 to €5,506
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 | €218,118 | €221,193 | +€3,075 | +1.4% |
| Fixed assets | 21/28 | €51,734 | €20,256 | -€31,478 | -60.8% |
| Tangible fixed assets | 22/27 | €36,148 | €4,670 | -€31,478 | -87.1% |
| Plant, machinery and equipment | 23 | €4,470 | €3,634 | -€837 | -18.7% |
| Furniture and vehicles | 24 | €31,678 | €1,037 | -€30,641 | -96.7% |
| Financial fixed assets | 28 | €15,586 | €15,586 | = | 0.0% |
| Current assets | 29/58 | €166,384 | €200,937 | +€34,552 | +20.8% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €64,123 | €46,849 | -€17,274 | -26.9% |
| Trade receivables | 40 | €35,038 | €37,264 | +€2,226 | +6.4% |
| Other amounts receivable | 41 | €29,085 | €9,585 | -€19,500 | -67.0% |
| Cash at bank and in hand | 54/58 | €2,023 | €53,787 | +€51,764 | +2559.3% |
| Deferred charges and accrued income | 490/1 | €239 | €301 | +€62 | +26.0% |
| Total equity and liabilities | 10/49 | €218,118 | €221,193 | +€3,075 | +1.4% |
| Equity | 10/15 | €102,129 | €134,112 | +€31,983 | +31.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €120,360 | €121,712 | +€1,352 | +1.1% |
| Distributable reserves | 133 | €120,360 | €121,712 | +€1,352 | +1.1% |
| Profit (loss) carried forward | 14 | -€30,631 | - | +€30,631 | |
| Amounts payable | 17/49 | €115,989 | €87,081 | -€28,908 | -24.9% |
| Amounts payable after more than one year | 17 | €18,381 | - | -€18,381 | |
| Financial debts | 170/4 | €18,381 | - | -€18,381 | |
| Amounts payable within one year | 42/48 | €96,277 | €82,901 | -€13,376 | -13.9% |
| Current portion of amounts payable after more than one year | 42 | €33,914 | €18,381 | -€15,533 | -45.8% |
| Trade debts | 44 | €1,697 | €305 | -€1,392 | -82.0% |
| Suppliers | 440/4 | €1,697 | €305 | -€1,392 | -82.0% |
| Advances received on contracts in progress | 46 | €4,930 | €4,930 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €3,550 | €14,565 | +€11,015 | +310.3% |
| Taxes | 450/3 | €3,550 | €14,565 | +€11,015 | +310.3% |
| Other amounts payable | 47/48 | €52,185 | €44,719 | -€7,466 | -14.3% |
| Accrued charges and deferred income | 492/3 | €1,332 | €4,180 | +€2,848 | +213.9% |
| Non-recurring operating income | 76A | - | €11,964 | +€11,964 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,589 | €11,950 | -€12,639 | -51.4% |
| Other operating charges | 640/8 | €2,777 | €1,356 | -€1,421 | -51.2% |
| Gross operating margin | 9900 | €21,845 | €57,642 | +€35,798 | +163.9% |
| Operating profit (loss) | 9901 | -€5,521 | €44,337 | +€49,858 | |
| Financial income | 75/76B | €5,738 | €13 | -€5,724 | -99.8% |
| Recurring financial income | 75 | €5,738 | €13 | -€5,724 | -99.8% |
| Financial charges | 65/66B | €3,293 | €5,506 | +€2,213 | +67.2% |
| Recurring financial charges | 65 | €3,293 | €5,506 | +€2,213 | +67.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,076 | €38,845 | +€41,920 | |
| Income taxes | 67/77 | -€991 | €6,862 | +€7,853 | |
| Profit (loss) for the period | 9904 | -€2,084 | €31,983 | +€34,067 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,084 | €31,983 | +€34,067 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.