SAVVA: what changed
Two fiscal 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.
SAVVA
Largest movements
- Receivables after one year +€35,646
new in 2025: €35,646
- Receivables within one year +€7,764
up €7,764 (+33.0%), from €23,504 to €31,269
of which Trade receivables: +€6,171
- Tangible fixed assets +€6,246
up €6,246 (+87.9%), from €7,104 to €13,350
of which Other tangible fixed assets: +€6,500
- Cash -€1,679
down €1,679 (-33.6%), from €4,996 to €3,317
mainly Receivables after one year (-€35,646) and Investment in fixed assets (net) (-€9,298)
- Trade debts +€29,621
up €29,621 (+9109.1%), from €325 to €29,946
- Debts after one year +€14,050
new in 2025: €14,050
- Short-term financial debts +€7,500
new in 2025: €7,500
- Tax, wage and social debts -€6,318
down €6,318 (-59.4%), from €10,628 to €4,310
- Current portion of long-term debt +€3,797
new in 2025: €3,797
- Gross operating margin -€25,868
down €25,868 (-87.4%), from €29,605 to €3,737
- Taxes -€5,348
no longer reported in 2025 (was €5,348)
- Depreciation +€2,874
up €2,874 (+1612.6%), from €178 to €3,052
- Financial charges +€555
up €555 (+73.7%), from €753 to €1,308
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 | €35,604 | €83,581 | +€47,978 | +134.8% |
| Fixed assets | 21/28 | €7,104 | €13,350 | +€6,246 | +87.9% |
| Tangible fixed assets | 22/27 | €7,104 | €13,350 | +€6,246 | +87.9% |
| Furniture and vehicles | 24 | €1,131 | €877 | -€254 | -22.5% |
| Other tangible fixed assets | 26 | €5,973 | €12,473 | +€6,500 | +108.8% |
| Current assets | 29/58 | €28,500 | €70,232 | +€41,732 | +146.4% |
| Amounts receivable after more than one year | 29 | - | €35,646 | +€35,646 | |
| Other amounts receivable | 291 | - | €35,646 | +€35,646 | |
| Amounts receivable within one year | 40/41 | €23,504 | €31,269 | +€7,764 | +33.0% |
| Trade receivables | 40 | €4,677 | €10,848 | +€6,171 | +132.0% |
| Other amounts receivable | 41 | €18,828 | €20,421 | +€1,593 | +8.5% |
| Cash at bank and in hand | 54/58 | €4,996 | €3,317 | -€1,679 | -33.6% |
| Total equity and liabilities | 10/49 | €35,604 | €83,581 | +€47,978 | +134.8% |
| Equity | 10/15 | €24,651 | €23,978 | -€673 | -2.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,651 | €13,978 | -€673 | -4.6% |
| Amounts payable | 17/49 | €10,953 | €59,603 | +€48,650 | +444.2% |
| Amounts payable after more than one year | 17 | - | €14,050 | +€14,050 | |
| Financial debts | 170/4 | - | €14,050 | +€14,050 | |
| Amounts payable within one year | 42/48 | €10,953 | €45,553 | +€34,600 | +315.9% |
| Current portion of amounts payable after more than one year | 42 | - | €3,797 | +€3,797 | |
| Financial debts | 43 | - | €7,500 | +€7,500 | |
| Credit institutions | 430/8 | - | €7,500 | +€7,500 | |
| Trade debts | 44 | €325 | €29,946 | +€29,621 | +9109.1% |
| Suppliers | 440/4 | €325 | €29,946 | +€29,621 | +9109.1% |
| Taxes, remuneration and social security | 45 | €10,628 | €4,310 | -€6,318 | -59.4% |
| Taxes | 450/3 | €10,628 | €4,310 | -€6,318 | -59.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €178 | €3,052 | +€2,874 | +1612.6% |
| Other operating charges | 640/8 | - | €50 | +€50 | |
| Gross operating margin | 9900 | €29,605 | €3,737 | -€25,868 | -87.4% |
| Operating profit (loss) | 9901 | €29,427 | €635 | -€28,792 | -97.8% |
| Financial charges | 65/66B | €753 | €1,308 | +€555 | +73.7% |
| Recurring financial charges | 65 | €753 | €1,308 | +€555 | +73.7% |
| Profit (loss) for the period before taxes | 9903 | €28,674 | -€673 | -€29,346 | |
| Income taxes | 67/77 | €5,348 | - | -€5,348 | |
| Profit (loss) for the period | 9904 | €23,326 | -€673 | -€23,999 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,326 | -€673 | -€23,999 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.