SATIMMO: 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.
SATIMMO
Largest movements
- Tangible fixed assets -€12,977
down €12,977 (-9.4%), from €137,867 to €124,889
- Receivables within one year -€3,975
down €3,975 (-66.0%), from €6,026 to €2,051
- Profit (loss) carried forward -€16,045
down €16,045 (-53.6%), from -€29,950 to -€45,995
- Trade debts -€6,042
down €6,042 (-72.5%), from €8,337 to €2,295
- Tax, wage and social debts +€5,138
new in 2025: €5,138
- Other operating charges +€4,968
up €4,968 (+197%), from €2,526 to €7,494
- Taxes -€1,368
down €1,368 (-100%), from €1,368 to €0
- Gross operating margin +€637
up €637 (+13.4%), from €4,760 to €5,397
- Financial income -€91
down €91 (-38.4%), from €238 to €147
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 | €144,494 | €127,544 | -€16,949 | -11.7% |
| Fixed assets | 21/28 | €138,467 | €125,489 | -€12,977 | -9.4% |
| Tangible fixed assets | 22/27 | €137,867 | €124,889 | -€12,977 | -9.4% |
| Land and buildings | 22 | €137,867 | €124,889 | -€12,977 | -9.4% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €6,027 | €2,055 | -€3,972 | -65.9% |
| Amounts receivable within one year | 40/41 | €6,026 | €2,051 | -€3,975 | -66.0% |
| Other amounts receivable | 41 | €6,026 | €2,051 | -€3,975 | -66.0% |
| Cash at bank and in hand | 54/58 | €2 | €4 | +€3 | +147% |
| Total equity and liabilities | 10/49 | €144,494 | €127,544 | -€16,949 | -11.7% |
| Equity | 10/15 | €135,907 | €119,862 | -€16,045 | -11.8% |
| Contributions | 10/11 | €165,000 | €165,000 | = | 0.0% |
| Reserves | 13 | €857 | €857 | = | 0.0% |
| Non-distributable reserves | 130/1 | €379 | €379 | = | 0.0% |
| Reserves not available under the articles | 1311 | €379 | €379 | = | 0.0% |
| Distributable reserves | 133 | €478 | €478 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,950 | -€45,995 | -€16,045 | -53.6% |
| Amounts payable | 17/49 | €8,587 | €7,683 | -€905 | -10.5% |
| Amounts payable within one year | 42/48 | €8,587 | €7,683 | -€905 | -10.5% |
| Trade debts | 44 | €8,337 | €2,295 | -€6,042 | -72.5% |
| Suppliers | 440/4 | €8,337 | €2,295 | -€6,042 | -72.5% |
| Taxes, remuneration and social security | 45 | - | €5,138 | +€5,138 | |
| Taxes | 450/3 | - | €5,138 | +€5,138 | |
| Other amounts payable | 47/48 | €250 | €250 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,977 | €12,977 | = | 0.0% |
| Other operating charges | 640/8 | €2,526 | €7,494 | +€4,968 | +197% |
| Gross operating margin | 9900 | €4,760 | €5,397 | +€637 | +13.4% |
| Operating profit (loss) | 9901 | -€10,744 | -€15,074 | -€4,330 | -40.3% |
| Financial income | 75/76B | €238 | €147 | -€91 | -38.4% |
| Recurring financial income | 75 | €238 | €147 | -€91 | -38.4% |
| Financial charges | 65/66B | €1,114 | €1,117 | +€4 | +0.3% |
| Recurring financial charges | 65 | €1,114 | €1,117 | +€4 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | -€11,620 | -€16,045 | -€4,425 | -38.1% |
| Income taxes | 67/77 | €1,368 | €0 | -€1,368 | -100% |
| Profit (loss) for the period | 9904 | -€12,988 | -€16,045 | -€3,057 | -23.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,988 | -€16,045 | -€3,057 | -23.5% |
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 15 October 2026 via checked.be.