SAT Consulting: 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.
SAT Consulting
Largest movements
- Cash +€34,790
up €34,790 (+108.4%), from €32,103 to €66,892
mainly Net result for the year (+€26,645) and Receivables within one year (+€8,631)
- Receivables within one year -€8,631
down €8,631 (-63.5%), from €13,586 to €4,955
of which Trade receivables: -€13,586
- Deferred charges and accrued income +€1,060
new in 2025: €1,060
- Profit (loss) carried forward +€26,645
up €26,645 (+96.1%), from €27,722 to €54,367
- Trade debts +€900
up €900 (+613.7%), from €147 to €1,046
- Financial charges +€1,922
up €1,922 (+181.5%), from €1,059 to €2,980
- Gross operating margin +€1,492
up €1,492 (+4.1%), from €36,563 to €38,054
- Depreciation +€448
up €448 (+74695.0%), from €1 to €449
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 | €46,783 | €74,707 | +€27,925 | +59.7% |
| Fixed assets | 21/28 | €1,094 | €1,800 | +€706 | +64.5% |
| Tangible fixed assets | 22/27 | €1,094 | €1,800 | +€706 | +64.5% |
| Furniture and vehicles | 24 | €1,094 | €1,800 | +€706 | +64.5% |
| Current assets | 29/58 | €45,688 | €72,908 | +€27,219 | +59.6% |
| Amounts receivable within one year | 40/41 | €13,586 | €4,955 | -€8,631 | -63.5% |
| Trade receivables | 40 | €13,586 | - | -€13,586 | |
| Other amounts receivable | 41 | - | €4,955 | +€4,955 | |
| Cash at bank and in hand | 54/58 | €32,103 | €66,892 | +€34,790 | +108.4% |
| Deferred charges and accrued income | 490/1 | - | €1,060 | +€1,060 | |
| Total equity and liabilities | 10/49 | €46,783 | €74,707 | +€27,925 | +59.7% |
| Equity | 10/15 | €30,722 | €57,367 | +€26,645 | +86.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,722 | €54,367 | +€26,645 | +96.1% |
| Amounts payable | 17/49 | €16,061 | €17,341 | +€1,280 | +8.0% |
| Amounts payable within one year | 42/48 | €16,061 | €17,341 | +€1,280 | +8.0% |
| Trade debts | 44 | €147 | €1,046 | +€900 | +613.7% |
| Suppliers | 440/4 | €147 | €1,046 | +€900 | +613.7% |
| Taxes, remuneration and social security | 45 | €15,844 | €16,295 | +€450 | +2.8% |
| Taxes | 450/3 | €15,844 | €16,295 | +€450 | +2.8% |
| Other amounts payable | 47/48 | €70 | - | -€70 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1 | €449 | +€448 | +74695.0% |
| Other operating charges | 640/8 | €212 | €247 | +€34 | +16.1% |
| Gross operating margin | 9900 | €36,563 | €38,054 | +€1,492 | +4.1% |
| Operating profit (loss) | 9901 | €36,349 | €37,359 | +€1,009 | +2.8% |
| Financial income | 75/76B | €0 | €29 | +€29 | +144700.0% |
| Recurring financial income | 75 | €0 | €29 | +€29 | +144700.0% |
| Financial charges | 65/66B | €1,059 | €2,980 | +€1,922 | +181.5% |
| Recurring financial charges | 65 | €1,059 | €2,980 | +€1,922 | +181.5% |
| Profit (loss) for the period before taxes | 9903 | €35,291 | €34,408 | -€883 | -2.5% |
| Income taxes | 67/77 | €7,569 | €7,763 | +€194 | +2.6% |
| Profit (loss) for the period | 9904 | €27,722 | €26,645 | -€1,078 | -3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €27,722 | €26,645 | -€1,078 | -3.9% |
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 10 October 2026 via checked.be.