SAVINCI: 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.
SAVINCI
Largest movements
- Cash +€20,042
up €20,042 (+23.9%), from €83,793 to €103,835
mainly Net result for the year (+€24,562) and Depreciation (+€18,060)
- Tangible fixed assets -€14,716
down €14,716 (-26.2%), from €56,108 to €41,391
of which Furniture and vehicles: -€13,497
- Receivables within one year +€2,448
up €2,448 (+21.3%), from €11,467 to €13,915
of which Trade receivables: +€2,480
- Reserves +€24,562
up €24,562 (+28.0%), from €87,663 to €112,225
of which Distributable reserves: +€24,562
- Debts after one year -€13,280
down €13,280 (-51.8%), from €25,620 to €12,340
- Tax, wage and social debts -€5,575
down €5,575 (-76.9%), from €7,254 to €1,679
of which Taxes: -€6,129
- Trade debts +€1,841
up €1,841 (+155%), from €1,188 to €3,029
- Gross operating margin +€5,251
up €5,251 (+11.7%), from €44,891 to €50,143
- Taxes +€1,001
up €1,001 (+17.2%), from €5,806 to €6,807
- Depreciation +€679
up €679 (+3.9%), from €17,381 to €18,060
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €153,488 | €161,246 | +€7,758 | +5.1% |
| Fixed assets | 21/28 | €56,108 | €41,391 | -€14,716 | -26.2% |
| Tangible fixed assets | 22/27 | €56,108 | €41,391 | -€14,716 | -26.2% |
| Plant, machinery and equipment | 23 | €2,928 | €3,514 | +€586 | +20.0% |
| Furniture and vehicles | 24 | €41,901 | €28,404 | -€13,497 | -32.2% |
| Other tangible fixed assets | 26 | €11,278 | €9,473 | -€1,805 | -16.0% |
| Current assets | 29/58 | €97,380 | €119,855 | +€22,474 | +23.1% |
| Amounts receivable within one year | 40/41 | €11,467 | €13,915 | +€2,448 | +21.3% |
| Trade receivables | 40 | €8,597 | €11,077 | +€2,480 | +28.8% |
| Other amounts receivable | 41 | €2,870 | €2,838 | -€32 | -1.1% |
| Cash at bank and in hand | 54/58 | €83,793 | €103,835 | +€20,042 | +23.9% |
| Deferred charges and accrued income | 490/1 | €2,120 | €2,105 | -€16 | -0.7% |
| Total equity and liabilities | 10/49 | €153,488 | €161,246 | +€7,758 | +5.1% |
| Equity | 10/15 | €106,263 | €130,825 | +€24,562 | +23.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €87,663 | €112,225 | +€24,562 | +28.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €85,803 | €110,365 | +€24,562 | +28.6% |
| Amounts payable | 17/49 | €47,225 | €30,422 | -€16,804 | -35.6% |
| Amounts payable after more than one year | 17 | €25,620 | €12,340 | -€13,280 | -51.8% |
| Financial debts | 170/4 | €25,620 | €12,340 | -€13,280 | -51.8% |
| Amounts payable within one year | 42/48 | €21,605 | €18,082 | -€3,524 | -16.3% |
| Current portion of amounts payable after more than one year | 42 | €13,093 | €13,280 | +€187 | +1.4% |
| Financial debts | 43 | €71 | €93 | +€23 | +32.5% |
| Credit institutions | 430/8 | €71 | €93 | +€23 | +32.5% |
| Trade debts | 44 | €1,188 | €3,029 | +€1,841 | +155% |
| Suppliers | 440/4 | €1,188 | €3,029 | +€1,841 | +155% |
| Taxes, remuneration and social security | 45 | €7,254 | €1,679 | -€5,575 | -76.9% |
| Taxes | 450/3 | €7,230 | €1,101 | -€6,129 | -84.8% |
| Remuneration and social security | 454/9 | €24 | €578 | +€554 | +2,310% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,381 | €18,060 | +€679 | +3.9% |
| Other operating charges | 640/8 | €109 | €131 | +€22 | +19.8% |
| Gross operating margin | 9900 | €44,891 | €50,143 | +€5,251 | +11.7% |
| Operating profit (loss) | 9901 | €27,402 | €31,952 | +€4,550 | +16.6% |
| Financial income | 75/76B | €41 | €54 | +€13 | +32.3% |
| Recurring financial income | 75 | €41 | €54 | +€13 | +32.3% |
| Financial charges | 65/66B | €782 | €637 | -€144 | -18.4% |
| Recurring financial charges | 65 | €782 | €637 | -€144 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €26,661 | €31,369 | +€4,708 | +17.7% |
| Income taxes | 67/77 | €5,806 | €6,807 | +€1,001 | +17.2% |
| Profit (loss) for the period | 9904 | €20,855 | €24,562 | +€3,707 | +17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,855 | €24,562 | +€3,707 | +17.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.