SAVOLDI & PARTNERS: 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.
What changed
SAVOLDI & PARTNERS
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€60,226
2024 · €222,627-€282,853
Equity
€1.9m
2024 · €2.0m-€60,226
Cash
€45
2024 · €4,885-€4,840
Balance sheet total
€4.2m
2024 · €4.2m-€35,009
Largest movements
Assets
- Receivables within one year -€126,180
down €126,180 (-21.5%), from €588,103 to €461,922
of which Trade receivables: -€136,490
- Tangible fixed assets +€108,327
up €108,327 (+4.7%), from €2.3m to €2.4m
of which Land and buildings: +€66,536
Equity and liabilities
- Profit (loss) carried forward -€60,226
down €60,226 (-6.0%), from €1.0m to €941,504
- Other debts +€59,752
up €59,752 (+88.1%), from €67,810 to €127,561
- Tax, wage and social debts -€50,523
down €50,523 (-74.1%), from €68,144 to €17,621
of which Taxes: -€53,904
Income statement
- Gross operating margin -€336,807
down €336,807 (-62.0%), from €543,111 to €206,304
- Taxes -€72,845
down €72,845 (-99.9%), from €72,934 to €89
- Financial charges +€10,967
up €10,967 (+25.3%), from €43,353 to €54,320
- Financial income -€8,577
down €8,577 (-99.6%), from €8,612 to €35
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
€222,627
Gross operating margin
-€336,807
Staff costs
-€304
Depreciation
-€3,765
Other operating charges
+€1,130
Other operating items
+€3,591
Financial income
-€8,577
Financial charges
-€10,967
Taxes
+€72,845
Result 2025
-€60,226
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€254,843
Investment
-€260,099
Financing
+€415
Cash 2024
€4,885
From operations (derived)
+€254,843
Net result for the year
-€60,226
Depreciation
+€150,718
Receivables within one year
+€126,180
Deferred charges and accrued income
+€13,369
Trade debts
+€10,874
Tax, wage and social debts
-€50,523
Other debts
+€59,752
Accrued charges and deferred income
+€4,699
Investment (derived)
-€260,099
Investment in fixed assets (net)
-€259,045
Current investments
-€1,054
Financing
+€415
Debts after one year
+€3,859
Current portion of long-term debt
-€2,345
Short-term financial debts
-€1,099
Cash 2025
€45
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,201,142 | €4,166,132 | -€35,009 | -0.8% |
| Fixed assets | 21/28 | €3,589,945 | €3,698,272 | +€108,327 | +3.0% |
| Tangible fixed assets | 22/27 | €2,313,424 | €2,421,751 | +€108,327 | +4.7% |
| Land and buildings | 22 | €2,302,395 | €2,368,931 | +€66,536 | +2.9% |
| Furniture and vehicles | 24 | - | €52,820 | +€52,820 | |
| Leasing and similar rights | 25 | €11,029 | - | -€11,029 | |
| Financial fixed assets | 28 | €1,276,521 | €1,276,521 | = | 0.0% |
| Current assets | 29/58 | €611,197 | €467,861 | -€143,336 | -23.5% |
| Stocks and contracts in progress | 3 | €3,433 | €3,433 | = | 0.0% |
| Stocks | 30/36 | €3,433 | €3,433 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €588,103 | €461,922 | -€126,180 | -21.5% |
| Trade receivables | 40 | €388,494 | €252,004 | -€136,490 | -35.1% |
| Other amounts receivable | 41 | €199,609 | €209,919 | +€10,310 | +5.2% |
| Current investments | 50/53 | - | €1,054 | +€1,054 | |
| Cash at bank and in hand | 54/58 | €4,885 | €45 | -€4,840 | -99.1% |
| Deferred charges and accrued income | 490/1 | €14,776 | €1,407 | -€13,369 | -90.5% |
| Total equity and liabilities | 10/49 | €4,201,142 | €4,166,132 | -€35,009 | -0.8% |
| Equity | 10/15 | €1,997,370 | €1,937,144 | -€60,226 | -3.0% |
| Contributions | 10/11 | €882,400 | €882,400 | = | 0.0% |
| Reserves | 13 | €113,240 | €113,240 | = | 0.0% |
| Non-distributable reserves | 130/1 | €88,240 | €88,240 | = | 0.0% |
| Reserves not available under the articles | 1311 | €88,240 | €88,240 | = | 0.0% |
| Distributable reserves | 133 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,001,730 | €941,504 | -€60,226 | -6.0% |
| Amounts payable | 17/49 | €2,203,772 | €2,228,988 | +€25,217 | +1.1% |
| Amounts payable after more than one year | 17 | €1,703,760 | €1,707,618 | +€3,859 | +0.2% |
| Financial debts | 170/4 | €1,540,903 | €1,585,476 | +€44,573 | +2.9% |
| Other amounts payable | 178/9 | €162,857 | €122,143 | -€40,714 | -25.0% |
| Amounts payable within one year | 42/48 | €497,061 | €513,720 | +€16,659 | +3.4% |
| Current portion of amounts payable after more than one year | 42 | €255,332 | €252,988 | -€2,345 | -0.9% |
| Financial debts | 43 | €84,674 | €83,576 | -€1,099 | -1.3% |
| Credit institutions | 430/8 | €84,674 | €83,576 | -€1,099 | -1.3% |
| Trade debts | 44 | €21,100 | €31,974 | +€10,874 | +51.5% |
| Suppliers | 440/4 | €21,100 | €31,974 | +€10,874 | +51.5% |
| Taxes, remuneration and social security | 45 | €68,144 | €17,621 | -€50,523 | -74.1% |
| Taxes | 450/3 | €59,018 | €5,115 | -€53,904 | -91.3% |
| Remuneration and social security | 454/9 | €9,126 | €12,506 | +€3,380 | +37.0% |
| Other amounts payable | 47/48 | €67,810 | €127,561 | +€59,752 | +88.1% |
| Accrued charges and deferred income | 492/3 | €2,951 | €7,650 | +€4,699 | +159% |
| Remuneration, social security and pensions | 62 | €49,457 | €49,760 | +€304 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €146,953 | €150,718 | +€3,765 | +2.6% |
| Other operating charges | 640/8 | €12,808 | €11,678 | -€1,130 | -8.8% |
| Non-recurring operating charges | 66A | €3,591 | - | -€3,591 | |
| Gross operating margin | 9900 | €543,111 | €206,304 | -€336,807 | -62.0% |
| Operating profit (loss) | 9901 | €330,303 | -€5,853 | -€336,155 | |
| Financial income | 75/76B | €8,612 | €35 | -€8,577 | -99.6% |
| Recurring financial income | 75 | €8,612 | €35 | -€8,577 | -99.6% |
| Financial charges | 65/66B | €43,353 | €54,320 | +€10,967 | +25.3% |
| Recurring financial charges | 65 | €43,353 | €54,320 | +€10,967 | +25.3% |
| Profit (loss) for the period before taxes | 9903 | €295,562 | -€60,137 | -€355,699 | |
| Income taxes | 67/77 | €72,934 | €89 | -€72,845 | -99.9% |
| Profit (loss) for the period | 9904 | €222,627 | -€60,226 | -€282,853 | |
| Profit (loss) for the period to be appropriated | 9905 | €222,627 | -€60,226 | -€282,853 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.