SAVOURHODE: 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.
SAVOURHODE
Largest movements
- Receivables within one year +€4,302
up €4,302 (+38.0%), from €11,316 to €15,618
of which Trade receivables: +€4,406
- Cash -€3,598
down €3,598 (-94.9%), from €3,792 to €194
mainly Net result for the year (-€13,667) and Investment in fixed assets (net) (-€5,411)
- Tangible fixed assets -€3,420
down €3,420 (-2.9%), from €118,542 to €115,123
of which Plant, machinery and equipment: -€3,107
- Profit (loss) carried forward -€13,667
down €13,667 (-34.9%), from -€39,125 to -€52,792
- Other debts +€10,839
up €10,839 (+10.2%), from €105,979 to €116,818
- Debts after one year +€5,064
up €5,064 (+10.4%), from €48,654 to €53,718
- Current portion of long-term debt -€4,623
no longer reported in 2025 (was €4,623)
- Depreciation +€1,077
up €1,077 (+13.9%), from €7,753 to €8,830
- Financial charges +€449
up €449 (+16.5%), from €2,721 to €3,170
- Gross operating margin +€412
up €412 (+20.0%), from -€2,057 to -€1,644
- Other operating charges +€23
new in 2025: €23
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 | €133,659 | €131,189 | -€2,471 | -1.8% |
| Fixed assets | 21/28 | €118,542 | €115,123 | -€3,420 | -2.9% |
| Tangible fixed assets | 22/27 | €118,542 | €115,123 | -€3,420 | -2.9% |
| Land and buildings | 22 | €94,598 | €94,285 | -€313 | -0.3% |
| Plant, machinery and equipment | 23 | €23,944 | €20,837 | -€3,107 | -13.0% |
| Current assets | 29/58 | €15,117 | €16,066 | +€949 | +6.3% |
| Amounts receivable within one year | 40/41 | €11,316 | €15,618 | +€4,302 | +38.0% |
| Trade receivables | 40 | €9,237 | €13,643 | +€4,406 | +47.7% |
| Other amounts receivable | 41 | €2,078 | €1,975 | -€104 | -5.0% |
| Cash at bank and in hand | 54/58 | €3,792 | €194 | -€3,598 | -94.9% |
| Deferred charges and accrued income | 490/1 | €10 | €254 | +€244 | +2,506% |
| Total equity and liabilities | 10/49 | €133,659 | €131,189 | -€2,471 | -1.8% |
| Equity | 10/15 | -€29,125 | -€42,792 | -€13,667 | -46.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,125 | -€52,792 | -€13,667 | -34.9% |
| Amounts payable | 17/49 | €162,784 | €173,981 | +€11,197 | +6.9% |
| Amounts payable after more than one year | 17 | €48,654 | €53,718 | +€5,064 | +10.4% |
| Financial debts | 170/4 | €48,654 | €53,718 | +€5,064 | +10.4% |
| Amounts payable within one year | 42/48 | €114,130 | €120,263 | +€6,133 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €4,623 | - | -€4,623 | |
| Trade debts | 44 | €2,093 | €1,990 | -€103 | -4.9% |
| Suppliers | 440/4 | €2,093 | €1,990 | -€103 | -4.9% |
| Taxes, remuneration and social security | 45 | €1,435 | €1,455 | +€20 | +1.4% |
| Taxes | 450/3 | €1,435 | €1,455 | +€20 | +1.4% |
| Other amounts payable | 47/48 | €105,979 | €116,818 | +€10,839 | +10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,753 | €8,830 | +€1,077 | +13.9% |
| Other operating charges | 640/8 | - | €23 | +€23 | |
| Gross operating margin | 9900 | -€2,057 | -€1,644 | +€412 | +20.0% |
| Operating profit (loss) | 9901 | -€9,810 | -€10,498 | -€688 | -7.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,721 | €3,170 | +€449 | +16.5% |
| Recurring financial charges | 65 | €2,721 | €3,170 | +€449 | +16.5% |
| Profit (loss) for the period before taxes | 9903 | -€12,531 | -€13,667 | -€1,136 | -9.1% |
| Profit (loss) for the period | 9904 | -€12,531 | -€13,667 | -€1,136 | -9.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,531 | -€13,667 | -€1,136 | -9.1% |
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 14 October 2026 via checked.be.