SAVOLUX: 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.
SAVOLUX
Largest movements
- Receivables within one year -€2,508
down €2,508 (-30.2%), from €8,302 to €5,794
of which Trade receivables: -€2,021
- Cash +€1,185
up €1,185 (+10.5%), from €11,281 to €12,466
mainly Receivables within one year (+€2,508) and Depreciation (+€1,224)
- Tangible fixed assets +€664
up €664 (+26.9%), from €2,471 to €3,136
- Stocks and contracts -€450
down €450 (-5.2%), from €8,638 to €8,188
- Profit (loss) carried forward -€374
down €374 (-1.1%), from -€33,667 to -€34,041
- Gross operating margin -€4,827
down €4,827 (-63.6%), from €7,594 to €2,767
- Depreciation -€2,559
down €2,559 (-67.6%), from €3,783 to €1,224
- Financial charges -€395
down €395 (-83.6%), from €472 to €77
- Financial income +€172
up €172 (+407%), from €42 to €214
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 | €30,949 | €30,115 | -€834 | -2.7% |
| Fixed assets | 21/28 | €2,471 | €3,136 | +€664 | +26.9% |
| Tangible fixed assets | 22/27 | €2,471 | €3,136 | +€664 | +26.9% |
| Furniture and vehicles | 24 | €2,471 | €3,136 | +€664 | +26.9% |
| Current assets | 29/58 | €28,478 | €26,980 | -€1,498 | -5.3% |
| Stocks and contracts in progress | 3 | €8,638 | €8,188 | -€450 | -5.2% |
| Stocks | 30/36 | €8,638 | €8,188 | -€450 | -5.2% |
| Amounts receivable within one year | 40/41 | €8,302 | €5,794 | -€2,508 | -30.2% |
| Trade receivables | 40 | €6,265 | €4,245 | -€2,021 | -32.2% |
| Other amounts receivable | 41 | €2,037 | €1,549 | -€487 | -23.9% |
| Cash at bank and in hand | 54/58 | €11,281 | €12,466 | +€1,185 | +10.5% |
| Deferred charges and accrued income | 490/1 | €258 | €532 | +€275 | +106% |
| Total equity and liabilities | 10/49 | €30,949 | €30,115 | -€834 | -2.7% |
| Equity | 10/15 | €28,456 | €28,082 | -€374 | -1.3% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €149 | €149 | = | 0.0% |
| Non-distributable reserves | 130/1 | €149 | €149 | = | 0.0% |
| Legal reserve | 130 | €149 | €149 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,667 | -€34,041 | -€374 | -1.1% |
| Amounts payable | 17/49 | €2,494 | €2,034 | -€460 | -18.4% |
| Amounts payable within one year | 42/48 | €2,494 | €2,034 | -€460 | -18.4% |
| Current portion of amounts payable after more than one year | 42 | €1,532 | €1,532 | = | 0.0% |
| Trade debts | 44 | €355 | €157 | -€198 | -55.7% |
| Suppliers | 440/4 | €355 | €157 | -€198 | -55.7% |
| Taxes, remuneration and social security | 45 | €607 | €345 | -€262 | -43.2% |
| Taxes | 450/3 | €607 | €345 | -€262 | -43.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,783 | €1,224 | -€2,559 | -67.6% |
| Other operating charges | 640/8 | €777 | €806 | +€29 | +3.7% |
| Non-recurring operating charges | 66A | - | €1,247 | +€1,247 | |
| Gross operating margin | 9900 | €7,594 | €2,767 | -€4,827 | -63.6% |
| Operating profit (loss) | 9901 | €3,034 | -€510 | -€3,544 | |
| Financial income | 75/76B | €42 | €214 | +€172 | +407% |
| Recurring financial income | 75 | €42 | €214 | +€172 | +407% |
| Financial charges | 65/66B | €472 | €77 | -€395 | -83.6% |
| Recurring financial charges | 65 | €472 | €77 | -€395 | -83.6% |
| Profit (loss) for the period before taxes | 9903 | €2,604 | -€374 | -€2,978 | |
| Profit (loss) for the period | 9904 | €2,604 | -€374 | -€2,978 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,604 | -€374 | -€2,978 |
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.