Savim: 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.
Savim
Largest movements
- Tangible fixed assets -€21,549
down €21,549 (-7.3%), from €295,318 to €273,769
of which Land and buildings: -€22,648
- Cash +€18,709
up €18,709 (+18.8%), from €99,310 to €118,019
mainly Depreciation (+€22,819) and Net result for the year (+€18,677)
- Reserves -€21,185
down €21,185 (-8.9%), from €237,663 to €216,478
of which Distributable reserves: -€17,323
- Other debts +€13,710
up €13,710 (+35.6%), from €38,466 to €52,175
- Tax, wage and social debts +€4,162
up €4,162 (+49.9%), from €8,336 to €12,498
- Gross operating margin -€9,395
down €9,395 (-12.4%), from €75,515 to €66,120
- Taxes -€5,124
down €5,124 (-35.4%), from €14,464 to €9,340
- Financial income -€3,607
down €3,607 (-85.9%), from €4,199 to €592
- Financial charges +€1,693
up €1,693 (+638.9%), from €265 to €1,958
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 | €398,222 | €394,455 | -€3,767 | -0.9% |
| Fixed assets | 21/28 | €295,318 | €273,769 | -€21,549 | -7.3% |
| Tangible fixed assets | 22/27 | €295,318 | €273,769 | -€21,549 | -7.3% |
| Land and buildings | 22 | €295,318 | €272,670 | -€22,648 | -7.7% |
| Furniture and vehicles | 24 | - | €1,100 | +€1,100 | |
| Current assets | 29/58 | €102,904 | €120,685 | +€17,781 | +17.3% |
| Amounts receivable within one year | 40/41 | €3,413 | €2,541 | -€872 | -25.6% |
| Trade receivables | 40 | €3,413 | €488 | -€2,925 | -85.7% |
| Other amounts receivable | 41 | €0 | €2,053 | +€2,053 | |
| Cash at bank and in hand | 54/58 | €99,310 | €118,019 | +€18,709 | +18.8% |
| Deferred charges and accrued income | 490/1 | €181 | €125 | -€55 | -30.6% |
| Total equity and liabilities | 10/49 | €398,222 | €394,455 | -€3,767 | -0.9% |
| Equity | 10/15 | €348,663 | €327,478 | -€21,185 | -6.1% |
| Contributions | 10/11 | €111,000 | €111,000 | = | 0.0% |
| Capital | 10 | €111,000 | €111,000 | = | 0.0% |
| Issued capital | 100 | €111,000 | €111,000 | = | 0.0% |
| Reserves | 13 | €237,663 | €216,478 | -€21,185 | -8.9% |
| Non-distributable reserves | 130/1 | €14,962 | €11,100 | -€3,862 | -25.8% |
| Legal reserve | 130 | €14,962 | €11,100 | -€3,862 | -25.8% |
| Distributable reserves | 133 | €222,701 | €205,378 | -€17,323 | -7.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €49,559 | €66,977 | +€17,418 | +35.1% |
| Amounts payable within one year | 42/48 | €49,559 | €65,283 | +€15,724 | +31.7% |
| Trade debts | 44 | €2,757 | €610 | -€2,148 | -77.9% |
| Suppliers | 440/4 | €2,757 | €610 | -€2,148 | -77.9% |
| Taxes, remuneration and social security | 45 | €8,336 | €12,498 | +€4,162 | +49.9% |
| Taxes | 450/3 | €8,336 | €12,498 | +€4,162 | +49.9% |
| Other amounts payable | 47/48 | €38,466 | €52,175 | +€13,710 | +35.6% |
| Accrued charges and deferred income | 492/3 | - | €1,694 | +€1,694 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,959 | €22,819 | -€140 | -0.6% |
| Other operating charges | 640/8 | €14,154 | €13,918 | -€236 | -1.7% |
| Gross operating margin | 9900 | €75,515 | €66,120 | -€9,395 | -12.4% |
| Operating profit (loss) | 9901 | €38,402 | €29,383 | -€9,019 | -23.5% |
| Financial income | 75/76B | €4,199 | €592 | -€3,607 | -85.9% |
| Recurring financial income | 75 | €4,199 | €592 | -€3,607 | -85.9% |
| Financial charges | 65/66B | €265 | €1,958 | +€1,693 | +638.9% |
| Recurring financial charges | 65 | €265 | €1,958 | +€1,693 | +638.9% |
| Profit (loss) for the period before taxes | 9903 | €42,336 | €28,017 | -€14,319 | -33.8% |
| Income taxes | 67/77 | €14,464 | €9,340 | -€5,124 | -35.4% |
| Profit (loss) for the period | 9904 | €27,873 | €18,677 | -€9,196 | -33.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,873 | €18,677 | -€9,196 | -33.0% |
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 9 October 2026 via checked.be.