SATEL DIGITAL: 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.
SATEL DIGITAL
Largest movements
- Receivables within one year -€10,368
down €10,368 (-10.5%), from €99,158 to €88,790
of which Other amounts receivable: -€16,000
- Accrued charges and deferred income +€28,318
up €28,318 (+1490.4%), from €1,900 to €30,218
- Short-term financial debts -€26,795
no longer reported in 2024 (was €26,795)
- Profit (loss) carried forward -€8,124
down €8,124 (-42.6%), from €19,071 to €10,947
- Trade debts -€3,185
down €3,185 (-20.5%), from €15,527 to €12,342
- Other debts -€1,767
down €1,767 (-13.1%), from €13,511 to €11,744
- Gross operating margin -€10,671
down €10,671 (-69.1%), from €15,437 to €4,766
- Taxes -€3,220
down €3,220 (-78.9%), from €4,079 to €859
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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €101,158 | €90,790 | -€10,368 | -10.2% |
| Fixed assets | 21/28 | €2,000 | €2,000 | = | 0.0% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €99,158 | €88,790 | -€10,368 | -10.5% |
| Amounts receivable within one year | 40/41 | €99,158 | €88,790 | -€10,368 | -10.5% |
| Trade receivables | 40 | €82,017 | €87,649 | +€5,632 | +6.9% |
| Other amounts receivable | 41 | €17,141 | €1,141 | -€16,000 | -93.3% |
| Total equity and liabilities | 10/49 | €101,158 | €90,790 | -€10,368 | -10.2% |
| Equity | 10/15 | €37,671 | €29,547 | -€8,124 | -21.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,071 | €10,947 | -€8,124 | -42.6% |
| Amounts payable | 17/49 | €63,486 | €61,243 | -€2,243 | -3.5% |
| Amounts payable within one year | 42/48 | €61,586 | €31,025 | -€30,561 | -49.6% |
| Financial debts | 43 | €26,795 | - | -€26,795 | |
| Credit institutions | 430/8 | €26,795 | - | -€26,795 | |
| Trade debts | 44 | €15,527 | €12,342 | -€3,185 | -20.5% |
| Suppliers | 440/4 | €15,527 | €12,342 | -€3,185 | -20.5% |
| Taxes, remuneration and social security | 45 | €5,753 | €6,939 | +€1,186 | +20.6% |
| Taxes | 450/3 | €5,753 | €6,939 | +€1,186 | +20.6% |
| Other amounts payable | 47/48 | €13,511 | €11,744 | -€1,767 | -13.1% |
| Accrued charges and deferred income | 492/3 | €1,900 | €30,218 | +€28,318 | +1490.4% |
| Other operating charges | 640/8 | €41 | €11 | -€30 | -73.6% |
| Gross operating margin | 9900 | €15,437 | €4,766 | -€10,671 | -69.1% |
| Operating profit (loss) | 9901 | €15,396 | €4,755 | -€10,641 | -69.1% |
| Financial charges | 65/66B | €113 | €99 | -€13 | -11.8% |
| Recurring financial charges | 65 | €113 | €99 | -€13 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €15,283 | €4,656 | -€10,627 | -69.5% |
| Income taxes | 67/77 | €4,079 | €859 | -€3,220 | -78.9% |
| Profit (loss) for the period | 9904 | €11,204 | €3,797 | -€7,407 | -66.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,204 | €3,797 | -€7,407 | -66.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.