SATISFACTION AFRICA: 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.
SATISFACTION AFRICA
Largest movements
- Receivables within one year -€12,507
down €12,507 (-33.9%), from €36,873 to €24,366
of which Trade receivables: -€7,817
- Tangible fixed assets +€5,222
up €5,222 (+626%), from €834 to €6,055
- Cash -€3,765
down €3,765 (-49.7%), from €7,576 to €3,811
mainly Advances received (-€25,816) and Investment in fixed assets (net) (-€5,654)
- Stocks and contracts -€577
down €577 (-13.5%), from €4,270 to €3,693
- Advances received -€25,816
down €25,816 (-87.6%), from €29,470 to €3,654
- Trade debts +€8,140
up €8,140 (+48.6%), from €16,753 to €24,893
- Tax, wage and social debts +€3,267
up €3,267 (+727%), from €449 to €3,716
- Profit (loss) carried forward +€2,577
up €2,577, from -€1,314 to €1,262
- Other operating charges -€1,153
no longer reported in 2025 (was €1,153)
- Gross operating margin +€767
up €767 (+21.7%), from €3,533 to €4,300
- Depreciation -€401
down €401 (-48.1%), from €833 to €432
- Taxes +€315
up €315 (+70.1%), from €449 to €764
- Financial charges +€75
up €75 (+42.9%), from €174 to €248
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 | €52,358 | €40,526 | -€11,832 | -22.6% |
| Fixed assets | 21/28 | €3,434 | €8,655 | +€5,222 | +152% |
| Tangible fixed assets | 22/27 | €834 | €6,055 | +€5,222 | +626% |
| Furniture and vehicles | 24 | €834 | €6,055 | +€5,222 | +626% |
| Financial fixed assets | 28 | €2,600 | €2,600 | = | 0.0% |
| Current assets | 29/58 | €48,924 | €31,871 | -€17,054 | -34.9% |
| Stocks and contracts in progress | 3 | €4,270 | €3,693 | -€577 | -13.5% |
| Stocks | 30/36 | €4,270 | €3,693 | -€577 | -13.5% |
| Amounts receivable within one year | 40/41 | €36,873 | €24,366 | -€12,507 | -33.9% |
| Trade receivables | 40 | €32,138 | €24,320 | -€7,817 | -24.3% |
| Other amounts receivable | 41 | €4,735 | €46 | -€4,689 | -99.0% |
| Cash at bank and in hand | 54/58 | €7,576 | €3,811 | -€3,765 | -49.7% |
| Deferred charges and accrued income | 490/1 | €206 | - | -€206 | |
| Total equity and liabilities | 10/49 | €52,358 | €40,526 | -€11,832 | -22.6% |
| Equity | 10/15 | €5,686 | €8,262 | +€2,577 | +45.3% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,314 | €1,262 | +€2,577 | |
| Amounts payable | 17/49 | €46,672 | €32,263 | -€14,409 | -30.9% |
| Amounts payable within one year | 42/48 | €46,672 | €32,263 | -€14,409 | -30.9% |
| Trade debts | 44 | €16,753 | €24,893 | +€8,140 | +48.6% |
| Suppliers | 440/4 | €16,753 | €24,893 | +€8,140 | +48.6% |
| Advances received on contracts in progress | 46 | €29,470 | €3,654 | -€25,816 | -87.6% |
| Taxes, remuneration and social security | 45 | €449 | €3,716 | +€3,267 | +727% |
| Taxes | 450/3 | €449 | €3,716 | +€3,267 | +727% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €833 | €432 | -€401 | -48.1% |
| Other operating charges | 640/8 | €1,153 | - | -€1,153 | |
| Non-recurring operating charges | 66A | - | €334 | +€334 | |
| Gross operating margin | 9900 | €3,533 | €4,300 | +€767 | +21.7% |
| Operating profit (loss) | 9901 | €1,546 | €3,534 | +€1,987 | +129% |
| Financial income | 75/76B | €8 | €55 | +€47 | +611% |
| Recurring financial income | 75 | €8 | €55 | +€47 | +611% |
| Financial charges | 65/66B | €174 | €248 | +€75 | +42.9% |
| Recurring financial charges | 65 | €174 | €248 | +€75 | +42.9% |
| Profit (loss) for the period before taxes | 9903 | €1,380 | €3,341 | +€1,960 | +142% |
| Income taxes | 67/77 | €449 | €764 | +€315 | +70.1% |
| Profit (loss) for the period | 9904 | €931 | €2,577 | +€1,645 | +177% |
| Profit (loss) for the period to be appropriated | 9905 | €931 | €2,577 | +€1,645 | +177% |
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 23 October 2026 via checked.be.