Savuka: 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.
Savuka
Largest movements
- Financial fixed assets +€200,000
new in 2022: €200,000
- Cash -€136,653
down €136,653 (-24.1%), from €567,305 to €430,652
mainly Investment in fixed assets (net) (-€190,654) and Receivables within one year (-€86,496)
- Receivables within one year +€86,496
up €86,496 (+326%), from €26,505 to €113,001
- Receivables after one year +€75,000
new in 2022: €75,000
- Tangible fixed assets -€16,812
down €16,812 (-9.4%), from €178,878 to €162,065
of which Furniture and vehicles: -€14,815
- Reserves +€239,367
up €239,367 (+41.1%), from €582,766 to €822,133
- Tax, wage and social debts -€43,403
down €43,403 (-26.9%), from €161,623 to €118,220
- Contributions +€12,350
up €12,350 (+199%), from €6,200 to €18,550
- Gross operating margin +€141,078
up €141,078 (+64.3%), from €219,503 to €360,581
- Taxes +€43,235
up €43,235 (+67.0%), from €64,522 to €107,756
- Financial charges +€4,757
up €4,757 (+287%), from €1,657 to €6,414
- Depreciation -€4,224
down €4,224 (-36.1%), from €11,691 to €7,467
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €772,688 | €980,718 | +€208,030 | +26.9% |
| Fixed assets | 21/28 | €178,878 | €362,065 | +€183,188 | +102% |
| Tangible fixed assets | 22/27 | €178,878 | €162,065 | -€16,812 | -9.4% |
| Furniture and vehicles | 24 | €161,293 | €146,478 | -€14,815 | -9.2% |
| Other tangible fixed assets | 26 | €17,585 | €15,588 | -€1,997 | -11.4% |
| Financial fixed assets | 28 | - | €200,000 | +€200,000 | |
| Current assets | 29/58 | €593,810 | €618,653 | +€24,842 | +4.2% |
| Amounts receivable after more than one year | 29 | - | €75,000 | +€75,000 | |
| Other amounts receivable | 291 | - | €75,000 | +€75,000 | |
| Amounts receivable within one year | 40/41 | €26,505 | €113,001 | +€86,496 | +326% |
| Trade receivables | 40 | €26,505 | €113,001 | +€86,496 | +326% |
| Cash at bank and in hand | 54/58 | €567,305 | €430,652 | -€136,653 | -24.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €772,688 | €980,718 | +€208,030 | +26.9% |
| Equity | 10/15 | €588,966 | €840,683 | +€251,717 | +42.7% |
| Contributions | 10/11 | €6,200 | €18,550 | +€12,350 | +199% |
| Reserves | 13 | €582,766 | €822,133 | +€239,367 | +41.1% |
| Distributable reserves | 133 | €582,766 | €822,133 | +€239,367 | +41.1% |
| Amounts payable | 17/49 | €183,722 | €140,035 | -€43,687 | -23.8% |
| Amounts payable after more than one year | 17 | €4,325 | €0 | -€4,325 | -100% |
| Financial debts | 170/4 | €4,325 | €0 | -€4,325 | -100% |
| Amounts payable within one year | 42/48 | €179,397 | €140,035 | -€39,362 | -21.9% |
| Current portion of amounts payable after more than one year | 42 | €6,487 | €4,325 | -€2,162 | -33.3% |
| Trade debts | 44 | €5,352 | €11,964 | +€6,611 | +124% |
| Suppliers | 440/4 | €5,352 | €11,964 | +€6,611 | +124% |
| Taxes, remuneration and social security | 45 | €161,623 | €118,220 | -€43,403 | -26.9% |
| Taxes | 450/3 | €161,623 | €118,220 | -€43,403 | -26.9% |
| Other amounts payable | 47/48 | €5,935 | €5,526 | -€408 | -6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,691 | €7,467 | -€4,224 | -36.1% |
| Other operating charges | 640/8 | €678 | €450 | -€228 | -33.7% |
| Gross operating margin | 9900 | €219,503 | €360,581 | +€141,078 | +64.3% |
| Operating profit (loss) | 9901 | €207,134 | €352,665 | +€145,531 | +70.3% |
| Financial income | 75/76B | €0 | €872 | +€872 | |
| Recurring financial income | 75 | €0 | €872 | +€872 | |
| Financial charges | 65/66B | €1,657 | €6,414 | +€4,757 | +287% |
| Recurring financial charges | 65 | €1,657 | €6,414 | +€4,757 | +287% |
| Profit (loss) for the period before taxes | 9903 | €205,477 | €347,123 | +€141,646 | +68.9% |
| Income taxes | 67/77 | €64,522 | €107,756 | +€43,235 | +67.0% |
| Profit (loss) for the period | 9904 | €140,955 | €239,367 | +€98,412 | +69.8% |
| Profit (loss) for the period to be appropriated | 9905 | €140,955 | €239,367 | +€98,412 | +69.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.