SATIS: 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.
SATIS
Largest movements
- Cash -€91,526
down €91,526 (-48.7%), from €187,971 to €96,445
mainly Investment in fixed assets (net) (-€70,874) and Net result for the year (-€50,452)
- Tangible fixed assets +€50,743
up €50,743 (+124.2%), from €40,858 to €91,601
of which Furniture and vehicles: +€55,401
- Receivables within one year -€18,895
down €18,895 (-71.1%), from €26,558 to €7,663
of which Trade receivables: -€24,116
- Profit (loss) carried forward -€50,452
down €50,452 (-5.6%), from €906,924 to €856,472
- Turnover -€95,238
down €95,238 (-62.3%), from €152,828 to €57,590
- Gross operating margin -€47,563
down €47,563, from €17,422 to -€30,141
- Purchases and services -€37,175
down €37,175 (-27.5%), from €135,406 to €98,231
- Depreciation +€11,756
up €11,756 (+140.4%), from €8,375 to €20,131
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 | €942,603 | €883,492 | -€59,111 | -6.3% |
| Fixed assets | 21/28 | €64,993 | €115,736 | +€50,743 | +78.1% |
| Tangible fixed assets | 22/27 | €40,858 | €91,601 | +€50,743 | +124.2% |
| Plant, machinery and equipment | 23 | €40,005 | €35,347 | -€4,658 | -11.6% |
| Furniture and vehicles | 24 | €853 | €56,254 | +€55,401 | +6494.8% |
| Financial fixed assets | 28 | €24,135 | €24,135 | = | 0.0% |
| Current assets | 29/58 | €877,610 | €767,756 | -€109,854 | -12.5% |
| Amounts receivable within one year | 40/41 | €26,558 | €7,663 | -€18,895 | -71.1% |
| Trade receivables | 40 | €26,558 | €2,442 | -€24,116 | -90.8% |
| Other amounts receivable | 41 | - | €5,221 | +€5,221 | |
| Current investments | 50/53 | €660,000 | €660,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €187,971 | €96,445 | -€91,526 | -48.7% |
| Deferred charges and accrued income | 490/1 | €3,081 | €3,648 | +€567 | +18.4% |
| Total equity and liabilities | 10/49 | €942,603 | €883,492 | -€59,111 | -6.3% |
| Equity | 10/15 | €928,924 | €878,472 | -€50,452 | -5.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €906,924 | €856,472 | -€50,452 | -5.6% |
| Amounts payable | 17/49 | €13,679 | €5,020 | -€8,659 | -63.3% |
| Amounts payable within one year | 42/48 | €11,251 | €5,020 | -€6,231 | -55.4% |
| Trade debts | 44 | €2,182 | - | -€2,182 | |
| Suppliers | 440/4 | €2,182 | - | -€2,182 | |
| Taxes, remuneration and social security | 45 | €4,450 | €400 | -€4,050 | -91.0% |
| Taxes | 450/3 | €2,050 | - | -€2,050 | |
| Remuneration and social security | 454/9 | €2,400 | €400 | -€2,000 | -83.3% |
| Other amounts payable | 47/48 | €4,619 | €4,620 | +€1 | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,428 | - | -€2,428 | |
| Turnover | 70 | €152,828 | €57,590 | -€95,238 | -62.3% |
| Non-recurring operating income | 76A | - | €10,500 | +€10,500 | |
| Goods, raw materials, services and sundry goods | 60/61 | €135,406 | €98,231 | -€37,175 | -27.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,375 | €20,131 | +€11,756 | +140.4% |
| Other operating charges | 640/8 | €1,962 | €1,839 | -€123 | -6.3% |
| Gross operating margin | 9900 | €17,422 | -€30,141 | -€47,563 | |
| Operating profit (loss) | 9901 | €7,085 | -€52,111 | -€59,196 | |
| Financial income | 75/76B | €3,668 | €2,264 | -€1,404 | -38.3% |
| Recurring financial income | 75 | €3,668 | €2,264 | -€1,404 | -38.3% |
| Financial charges | 65/66B | €76 | €146 | +€70 | +92.1% |
| Recurring financial charges | 65 | €76 | €146 | +€70 | +92.1% |
| Profit (loss) for the period before taxes | 9903 | €10,677 | -€49,993 | -€60,670 | |
| Income taxes | 67/77 | €520 | €459 | -€61 | -11.7% |
| Profit (loss) for the period | 9904 | €10,157 | -€50,452 | -€60,609 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,157 | -€50,452 | -€60,609 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.