SAVOR: 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.
SAVOR
Largest movements
- Financial fixed assets +€31,500
new in 2025: €31,500
- Receivables after one year -€31,500
no longer reported in 2025 (was €31,500)
- Receivables within one year +€15,854
up €15,854 (+71.1%), from €22,296 to €38,150
of which Other amounts receivable: +€16,739
- Cash -€7,856
down €7,856 (-51.2%), from €15,338 to €7,482
mainly Investment in fixed assets (net) (-€32,917) and Receivables within one year (-€15,854)
- Tangible fixed assets -€848
down €848 (-22.2%), from €3,823 to €2,976
of which Furniture and vehicles: -€1,324
- Reserves +€10,154
up €10,154 (+19.4%), from €52,238 to €62,392
- Trade debts -€4,287
down €4,287 (-59.2%), from €7,237 to €2,951
- Tax, wage and social debts +€1,284
up €1,284 (+19.8%), from €6,481 to €7,765
- Gross operating margin +€2,607
up €2,607 (+19.3%), from €13,521 to €16,127
- Taxes +€1,274
up €1,274 (+33.5%), from €3,799 to €5,073
- Financial income +€944
up €944 (+55.2%), from €1,708 to €2,652
- Other operating charges -€906
down €906 (-55.2%), from €1,641 to €735
- Depreciation +€310
up €310 (+15.9%), from €1,955 to €2,265
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 | €72,957 | €80,108 | +€7,151 | +9.8% |
| Fixed assets | 21/28 | €3,823 | €34,476 | +€30,652 | +802% |
| Tangible fixed assets | 22/27 | €3,823 | €2,976 | -€848 | -22.2% |
| Plant, machinery and equipment | 23 | €135 | €729 | +€594 | +439% |
| Furniture and vehicles | 24 | €3,386 | €2,062 | -€1,324 | -39.1% |
| Other tangible fixed assets | 26 | €302 | €184 | -€118 | -39.0% |
| Financial fixed assets | 28 | - | €31,500 | +€31,500 | |
| Current assets | 29/58 | €69,134 | €45,633 | -€23,501 | -34.0% |
| Amounts receivable after more than one year | 29 | €31,500 | - | -€31,500 | |
| Other amounts receivable | 291 | €31,500 | - | -€31,500 | |
| Amounts receivable within one year | 40/41 | €22,296 | €38,150 | +€15,854 | +71.1% |
| Trade receivables | 40 | €884 | - | -€884 | |
| Other amounts receivable | 41 | €21,412 | €38,150 | +€16,739 | +78.2% |
| Cash at bank and in hand | 54/58 | €15,338 | €7,482 | -€7,856 | -51.2% |
| Total equity and liabilities | 10/49 | €72,957 | €80,108 | +€7,151 | +9.8% |
| Equity | 10/15 | €59,238 | €69,392 | +€10,154 | +17.1% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €52,238 | €62,392 | +€10,154 | +19.4% |
| Distributable reserves | 133 | €52,238 | €62,392 | +€10,154 | +19.4% |
| Amounts payable | 17/49 | €13,719 | €10,716 | -€3,003 | -21.9% |
| Amounts payable within one year | 42/48 | €13,719 | €10,716 | -€3,003 | -21.9% |
| Trade debts | 44 | €7,237 | €2,951 | -€4,287 | -59.2% |
| Suppliers | 440/4 | €7,237 | €2,951 | -€4,287 | -59.2% |
| Taxes, remuneration and social security | 45 | €6,481 | €7,765 | +€1,284 | +19.8% |
| Taxes | 450/3 | €6,481 | €7,765 | +€1,284 | +19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,955 | €2,265 | +€310 | +15.9% |
| Other operating charges | 640/8 | €1,641 | €735 | -€906 | -55.2% |
| Gross operating margin | 9900 | €13,521 | €16,127 | +€2,607 | +19.3% |
| Operating profit (loss) | 9901 | €9,925 | €13,127 | +€3,202 | +32.3% |
| Financial income | 75/76B | €1,708 | €2,652 | +€944 | +55.2% |
| Recurring financial income | 75 | €1,708 | €2,652 | +€944 | +55.2% |
| Financial charges | 65/66B | €719 | €552 | -€168 | -23.3% |
| Recurring financial charges | 65 | €719 | €552 | -€168 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | €10,914 | €15,227 | +€4,314 | +39.5% |
| Income taxes | 67/77 | €3,799 | €5,073 | +€1,274 | +33.5% |
| Profit (loss) for the period | 9904 | €7,115 | €10,154 | +€3,040 | +42.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,115 | €10,154 | +€3,040 | +42.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.