SAVONET: 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.
SAVONET
Largest movements
- Cash +€7,372
up €7,372 (+30.4%), from €24,262 to €31,634
mainly Trade debts (+€25,851) and Tax, wage and social debts (+€6,189)
- Deferred charges and accrued income +€7,228
new in 2025: €7,228
- Receivables within one year +€5,319
up €5,319 (+19.6%), from €27,158 to €32,477
- Tangible fixed assets +€1,926
up €1,926 (+31.4%), from €6,128 to €8,054
- Trade debts +€25,851
up €25,851 (+684.8%), from €3,775 to €29,626
- Other debts -€9,561
down €9,561 (-5.7%), from €167,416 to €157,855
- Tax, wage and social debts +€6,189
up €6,189 (+15.3%), from €40,449 to €46,638
of which Taxes: +€3,815
- Profit (loss) carried forward -€6,095
down €6,095 (-2.7%), from -€228,467 to -€234,563
- Advances received +€5,461
up €5,461 (+36.9%), from €14,798 to €20,259
- Turnover +€272,796
new in 2025: €272,796
- Purchases and services +€225,373
new in 2025: €225,373
- Other operating charges -€210,445
down €210,445 (-98.8%), from €212,900 to €2,455
- Gross operating margin -€175,882
down €175,882 (-78.8%), from €223,306 to €47,424
- Staff costs +€46,571
new in 2025: €46,571
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 | €59,193 | €81,038 | +€21,845 | +36.9% |
| Fixed assets | 21/28 | €7,040 | €8,966 | +€1,926 | +27.4% |
| Tangible fixed assets | 22/27 | €6,128 | €8,054 | +€1,926 | +31.4% |
| Furniture and vehicles | 24 | €6,128 | €8,054 | +€1,926 | +31.4% |
| Financial fixed assets | 28 | €911 | €911 | = | 0.0% |
| Current assets | 29/58 | €52,153 | €72,072 | +€19,919 | +38.2% |
| Stocks and contracts in progress | 3 | €734 | €734 | = | 0.0% |
| Stocks | 30/36 | €734 | €734 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €27,158 | €32,477 | +€5,319 | +19.6% |
| Trade receivables | 40 | €27,158 | €32,477 | +€5,319 | +19.6% |
| Cash at bank and in hand | 54/58 | €24,262 | €31,634 | +€7,372 | +30.4% |
| Deferred charges and accrued income | 490/1 | - | €7,228 | +€7,228 | |
| Total equity and liabilities | 10/49 | €59,193 | €81,038 | +€21,845 | +36.9% |
| Equity | 10/15 | -€167,246 | -€173,341 | -€6,095 | -3.6% |
| Contributions | 10/11 | €44,621 | €44,621 | = | 0.0% |
| Capital | 10 | €44,621 | €44,621 | = | 0.0% |
| Issued capital | 100 | €44,621 | €44,621 | = | 0.0% |
| Reserves | 13 | €16,601 | €16,601 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,601 | €16,601 | = | 0.0% |
| Legal reserve | 130 | €16,601 | €16,601 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€228,467 | -€234,563 | -€6,095 | -2.7% |
| Amounts payable | 17/49 | €226,438 | €254,379 | +€27,941 | +12.3% |
| Amounts payable within one year | 42/48 | €226,438 | €254,379 | +€27,941 | +12.3% |
| Trade debts | 44 | €3,775 | €29,626 | +€25,851 | +684.8% |
| Suppliers | 440/4 | €3,775 | €29,626 | +€25,851 | +684.8% |
| Advances received on contracts in progress | 46 | €14,798 | €20,259 | +€5,461 | +36.9% |
| Taxes, remuneration and social security | 45 | €40,449 | €46,638 | +€6,189 | +15.3% |
| Taxes | 450/3 | €12,374 | €16,189 | +€3,815 | +30.8% |
| Remuneration and social security | 454/9 | €28,075 | €30,449 | +€2,374 | +8.5% |
| Other amounts payable | 47/48 | €167,416 | €157,855 | -€9,561 | -5.7% |
| Turnover | 70 | - | €272,796 | +€272,796 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €225,373 | +€225,373 | |
| Remuneration, social security and pensions | 62 | - | €46,571 | +€46,571 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,536 | €4,493 | +€957 | +27.1% |
| Other operating charges | 640/8 | €212,900 | €2,455 | -€210,445 | -98.8% |
| Gross operating margin | 9900 | €223,306 | €47,424 | -€175,882 | -78.8% |
| Operating profit (loss) | 9901 | €6,870 | -€6,095 | -€12,966 | |
| Profit (loss) for the period before taxes | 9903 | €6,870 | -€6,095 | -€12,966 | |
| Profit (loss) for the period | 9904 | €6,870 | -€6,095 | -€12,966 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,870 | -€6,095 | -€12,966 |
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 11 October 2026 via checked.be.