PRO SATELLITE: 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.
PRO SATELLITE
Largest movements
- Receivables within one year -€56,891
down €56,891 (-49.9%), from €113,999 to €57,108
of which Trade receivables: -€40,165
- Stocks and contracts +€5,000
up €5,000, from €0 to €5,000
- Cash +€3,451
up €3,451 (+3.3%), from €103,613 to €107,064
mainly Receivables within one year (+€56,891) and Net result for the year (+€3,266)
- Deferred charges and accrued income +€2,439
up €2,439 (+80.1%), from €3,047 to €5,486
- Trade debts -€23,782
down €23,782 (-47.3%), from €50,267 to €26,485
- Other debts -€21,000
no longer reported in 2025 (was €21,000)
- Debts after one year -€6,306
down €6,306 (-30.3%), from €20,798 to €14,492
- Profit (loss) carried forward +€3,266
up €3,266 (+2.9%), from €112,859 to €116,125
- Tax, wage and social debts -€2,496
down €2,496 (-76.2%), from €3,277 to €781
- Gross operating margin -€23,150
down €23,150 (-67.1%), from €34,525 to €11,374
- Taxes -€4,612
down €4,612 (-71.8%), from €6,423 to €1,811
- Other operating charges -€1,024
down €1,024 (-35.9%), from €2,851 to €1,827
- Financial charges +€1,017
up €1,017 (+40.0%), from €2,544 to €3,560
- Depreciation -€773
down €773 (-45.8%), from €1,689 to €916
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 | €223,778 | €175,616 | -€48,163 | -21.5% |
| Fixed assets | 21/28 | €3,120 | €959 | -€2,162 | -69.3% |
| Tangible fixed assets | 22/27 | €3,120 | €959 | -€2,162 | -69.3% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €2,717 | €959 | -€1,759 | -64.7% |
| Other tangible fixed assets | 26 | €403 | - | -€403 | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €220,658 | €174,657 | -€46,001 | -20.8% |
| Stocks and contracts in progress | 3 | €0 | €5,000 | +€5,000 | |
| Stocks | 30/36 | €0 | €5,000 | +€5,000 | |
| Amounts receivable within one year | 40/41 | €113,999 | €57,108 | -€56,891 | -49.9% |
| Trade receivables | 40 | €87,538 | €47,374 | -€40,165 | -45.9% |
| Other amounts receivable | 41 | €26,460 | €9,734 | -€16,726 | -63.2% |
| Cash at bank and in hand | 54/58 | €103,613 | €107,064 | +€3,451 | +3.3% |
| Deferred charges and accrued income | 490/1 | €3,047 | €5,486 | +€2,439 | +80.1% |
| Total equity and liabilities | 10/49 | €223,778 | €175,616 | -€48,163 | -21.5% |
| Equity | 10/15 | €119,679 | €122,945 | +€3,266 | +2.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €620 | €620 | = | 0.0% |
| Profit (loss) carried forward | 14 | €112,859 | €116,125 | +€3,266 | +2.9% |
| Amounts payable | 17/49 | €104,100 | €52,671 | -€51,429 | -49.4% |
| Amounts payable after more than one year | 17 | €20,798 | €14,492 | -€6,306 | -30.3% |
| Financial debts | 170/4 | €20,798 | €14,492 | -€6,306 | -30.3% |
| Amounts payable within one year | 42/48 | €83,292 | €36,119 | -€47,172 | -56.6% |
| Current portion of amounts payable after more than one year | 42 | €6,224 | €6,306 | +€82 | +1.3% |
| Financial debts | 43 | €2,523 | €2,547 | +€24 | +1.0% |
| Credit institutions | 430/8 | €2,523 | €2,547 | +€24 | +1.0% |
| Trade debts | 44 | €50,267 | €26,485 | -€23,782 | -47.3% |
| Suppliers | 440/4 | €50,267 | €26,485 | -€23,782 | -47.3% |
| Taxes, remuneration and social security | 45 | €3,277 | €781 | -€2,496 | -76.2% |
| Taxes | 450/3 | €3,277 | €781 | -€2,496 | -76.2% |
| Other amounts payable | 47/48 | €21,000 | - | -€21,000 | |
| Accrued charges and deferred income | 492/3 | €10 | €2,060 | +€2,050 | +19,557% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,689 | €916 | -€773 | -45.8% |
| Other operating charges | 640/8 | €2,851 | €1,827 | -€1,024 | -35.9% |
| Gross operating margin | 9900 | €34,525 | €11,374 | -€23,150 | -67.1% |
| Operating profit (loss) | 9901 | €29,985 | €8,632 | -€21,353 | -71.2% |
| Financial income | 75/76B | €189 | €5 | -€183 | -97.1% |
| Recurring financial income | 75 | €189 | €5 | -€183 | -97.1% |
| Financial charges | 65/66B | €2,544 | €3,560 | +€1,017 | +40.0% |
| Recurring financial charges | 65 | €2,544 | €3,560 | +€1,017 | +40.0% |
| Profit (loss) for the period before taxes | 9903 | €27,630 | €5,077 | -€22,553 | -81.6% |
| Income taxes | 67/77 | €6,423 | €1,811 | -€4,612 | -71.8% |
| Profit (loss) for the period | 9904 | €21,207 | €3,266 | -€17,941 | -84.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,207 | €3,266 | -€17,941 | -84.6% |
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 21 October 2026 via checked.be.