SAVOCHIM: 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.
SAVOCHIM
Largest movements
- Receivables within one year +€5,465
up €5,465 (+13.8%), from €39,673 to €45,138
of which Other amounts receivable: +€6,785
- Tangible fixed assets -€3,850
down €3,850 (-80.6%), from €4,779 to €928
of which Furniture and vehicles: -€3,850
- Deferred charges and accrued income +€2,007
new in 2025: €2,007
- Profit (loss) carried forward +€3,614
up €3,614 (+245%), from €1,474 to €5,087
- Tax, wage and social debts +€1,476
up €1,476 (+29.2%), from €5,052 to €6,528
- Trade debts -€1,110
down €1,110 (-5.2%), from €21,430 to €20,320
- Gross operating margin -€1,019
down €1,019 (-6.8%), from €14,922 to €13,903
- Other operating charges -€622
down €622 (-14.1%), from €4,408 to €3,787
- Taxes +€187
up €187 (+7.9%), from €2,356 to €2,543
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.
Derived cash bridge
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 | €49,150 | €53,129 | +€3,979 | +8.1% |
| Fixed assets | 21/28 | €5,039 | €1,188 | -€3,850 | -76.4% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €4,779 | €928 | -€3,850 | -80.6% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €4,779 | €928 | -€3,850 | -80.6% |
| Financial fixed assets | 28 | €260 | €260 | = | 0.0% |
| Current assets | 29/58 | €44,111 | €51,940 | +€7,829 | +17.7% |
| Stocks and contracts in progress | 3 | €2,250 | €2,250 | = | 0.0% |
| Contracts in progress | 37 | €2,250 | €2,250 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €39,673 | €45,138 | +€5,465 | +13.8% |
| Trade receivables | 40 | €29,689 | €28,369 | -€1,319 | -4.4% |
| Other amounts receivable | 41 | €9,984 | €16,769 | +€6,785 | +68.0% |
| Cash at bank and in hand | 54/58 | €2,188 | €2,544 | +€357 | +16.3% |
| Deferred charges and accrued income | 490/1 | - | €2,007 | +€2,007 | |
| Total equity and liabilities | 10/49 | €49,150 | €53,129 | +€3,979 | +8.1% |
| Equity | 10/15 | €14,283 | €17,897 | +€3,614 | +25.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €409 | €409 | = | 0.0% |
| Non-distributable reserves | 130/1 | €409 | €409 | = | 0.0% |
| Reserves not available under the articles | 1311 | €409 | €409 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,474 | €5,087 | +€3,614 | +245% |
| Amounts payable | 17/49 | €34,866 | €35,232 | +€365 | +1.0% |
| Amounts payable within one year | 42/48 | €34,866 | €35,232 | +€365 | +1.0% |
| Trade debts | 44 | €21,430 | €20,320 | -€1,110 | -5.2% |
| Suppliers | 440/4 | €21,430 | €20,320 | -€1,110 | -5.2% |
| Advances received on contracts in progress | 46 | €8,384 | €8,384 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €5,052 | €6,528 | +€1,476 | +29.2% |
| Taxes | 450/3 | €5,052 | €6,528 | +€1,476 | +29.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,861 | €3,850 | -€11 | -0.3% |
| Other operating charges | 640/8 | €4,408 | €3,787 | -€622 | -14.1% |
| Gross operating margin | 9900 | €14,922 | €13,903 | -€1,019 | -6.8% |
| Operating profit (loss) | 9901 | €6,653 | €6,266 | -€387 | -5.8% |
| Financial charges | 65/66B | €31 | €109 | +€78 | +250% |
| Recurring financial charges | 65 | €31 | €109 | +€78 | +250% |
| Profit (loss) for the period before taxes | 9903 | €6,622 | €6,157 | -€465 | -7.0% |
| Income taxes | 67/77 | €2,356 | €2,543 | +€187 | +7.9% |
| Profit (loss) for the period | 9904 | €4,265 | €3,614 | -€652 | -15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,265 | €3,614 | -€652 | -15.3% |
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 25 October 2026 via checked.be.