SATILMIS: 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.
SATILMIS
Largest movements
- Cash +€4,105
up €4,105 (+62.6%), from €6,557 to €10,662
mainly Contributions, distributions and other (+€37,000) and Net result for the year (+€21,038)
- Contributions +€37,000
up €37,000 (+1233.3%), from €3,000 to €40,000
- Other debts -€34,485
no longer reported in 2025 (was €34,485)
- Debts after one year -€25,846
down €25,846 (-16.2%), from €159,386 to €133,540
- Profit (loss) carried forward +€21,038
up €21,038 (+30.1%), from €69,948 to €90,986
- Tax, wage and social debts +€4,656
up €4,656 (+102.9%), from €4,526 to €9,182
- Gross operating margin -€23,659
down €23,659 (-45.0%), from €52,584 to €28,925
- Taxes -€3,724
down €3,724 (-39.1%), from €9,534 to €5,811
- Financial charges -€2,882
down €2,882 (-58.1%), from €4,958 to €2,076
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 | €300,142 | €304,962 | +€4,819 | +1.6% |
| Fixed assets | 21/28 | €289,229 | €289,229 | = | 0.0% |
| Financial fixed assets | 28 | €289,229 | €289,229 | = | 0.0% |
| Current assets | 29/58 | €10,913 | €15,732 | +€4,819 | +44.2% |
| Amounts receivable within one year | 40/41 | €4,154 | €5,070 | +€916 | +22.1% |
| Trade receivables | 40 | - | €770 | +€770 | |
| Other amounts receivable | 41 | €4,154 | €4,300 | +€146 | +3.5% |
| Cash at bank and in hand | 54/58 | €6,557 | €10,662 | +€4,105 | +62.6% |
| Deferred charges and accrued income | 490/1 | €202 | - | -€202 | |
| Total equity and liabilities | 10/49 | €300,142 | €304,962 | +€4,819 | +1.6% |
| Equity | 10/15 | €72,948 | €130,986 | +€58,038 | +79.6% |
| Contributions | 10/11 | €3,000 | €40,000 | +€37,000 | +1233.3% |
| Profit (loss) carried forward | 14 | €69,948 | €90,986 | +€21,038 | +30.1% |
| Amounts payable | 17/49 | €227,194 | €173,975 | -€53,219 | -23.4% |
| Amounts payable after more than one year | 17 | €159,386 | €133,540 | -€25,846 | -16.2% |
| Financial debts | 170/4 | €159,386 | €133,540 | -€25,846 | -16.2% |
| Amounts payable within one year | 42/48 | €67,632 | €40,284 | -€27,349 | -40.4% |
| Current portion of amounts payable after more than one year | 42 | €27,684 | €27,987 | +€303 | +1.1% |
| Trade debts | 44 | €937 | €3,114 | +€2,177 | +232.3% |
| Suppliers | 440/4 | €937 | €3,114 | +€2,177 | +232.3% |
| Taxes, remuneration and social security | 45 | €4,526 | €9,182 | +€4,656 | +102.9% |
| Taxes | 450/3 | €4,526 | €9,182 | +€4,656 | +102.9% |
| Other amounts payable | 47/48 | €34,485 | - | -€34,485 | |
| Accrued charges and deferred income | 492/3 | €176 | €152 | -€24 | -13.7% |
| Gross operating margin | 9900 | €52,584 | €28,925 | -€23,659 | -45.0% |
| Operating profit (loss) | 9901 | €52,584 | €28,925 | -€23,659 | -45.0% |
| Financial charges | 65/66B | €4,958 | €2,076 | -€2,882 | -58.1% |
| Recurring financial charges | 65 | €4,958 | €2,076 | -€2,882 | -58.1% |
| Profit (loss) for the period before taxes | 9903 | €47,626 | €26,849 | -€20,777 | -43.6% |
| Income taxes | 67/77 | €9,534 | €5,811 | -€3,724 | -39.1% |
| Profit (loss) for the period | 9904 | €38,091 | €21,038 | -€17,053 | -44.8% |
| Profit (loss) for the period to be appropriated | 9905 | €38,091 | €21,038 | -€17,053 | -44.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.