Satoria: 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.
Satoria
Largest movements
- Receivables within one year -€31,077
down €31,077 (-60.8%), from €51,103 to €20,025
of which Trade receivables: -€23,378
- Cash -€13,113
down €13,113 (-18.7%), from €70,249 to €57,136
mainly Contributions, distributions and other (-€120,000) and Current investments (-€6,561)
- Current investments +€6,561
up €6,561 (+6.2%), from €105,622 to €112,182
- Deferred charges and accrued income -€3,593
down €3,593 (-20.3%), from €17,740 to €14,147
- Reserves -€41,003
down €41,003 (-19.5%), from €210,236 to €169,233
- Trade debts -€4,857
down €4,857 (-49.2%), from €9,861 to €5,005
- Tax, wage and social debts +€4,808
up €4,808 (+38.0%), from €12,649 to €17,457
of which Remuneration and social security: +€2,452
- Gross operating margin +€30,343
up €30,343 (+41.6%), from €72,926 to €103,268
- Taxes +€5,974
up €5,974 (+39.2%), from €15,239 to €21,213
- Depreciation +€1,265
up €1,265 (+141.6%), from €893 to €2,159
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 | €251,347 | €211,956 | -€39,391 | -15.7% |
| Fixed assets | 21/28 | €6,634 | €8,465 | +€1,831 | +27.6% |
| Tangible fixed assets | 22/27 | €6,634 | €8,465 | +€1,831 | +27.6% |
| Plant, machinery and equipment | 23 | €6,634 | €8,465 | +€1,831 | +27.6% |
| Current assets | 29/58 | €244,713 | €203,490 | -€41,222 | -16.8% |
| Amounts receivable within one year | 40/41 | €51,103 | €20,025 | -€31,077 | -60.8% |
| Trade receivables | 40 | €42,017 | €18,639 | -€23,378 | -55.6% |
| Other amounts receivable | 41 | €9,085 | €1,386 | -€7,699 | -84.7% |
| Current investments | 50/53 | €105,622 | €112,182 | +€6,561 | +6.2% |
| Cash at bank and in hand | 54/58 | €70,249 | €57,136 | -€13,113 | -18.7% |
| Deferred charges and accrued income | 490/1 | €17,740 | €14,147 | -€3,593 | -20.3% |
| Total equity and liabilities | 10/49 | €251,347 | €211,956 | -€39,391 | -15.7% |
| Equity | 10/15 | €228,836 | €187,833 | -€41,003 | -17.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €210,236 | €169,233 | -€41,003 | -19.5% |
| Distributable reserves | 133 | €210,236 | €169,233 | -€41,003 | -19.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €22,510 | €24,122 | +€1,612 | +7.2% |
| Amounts payable within one year | 42/48 | €22,510 | €24,122 | +€1,612 | +7.2% |
| Trade debts | 44 | €9,861 | €5,005 | -€4,857 | -49.2% |
| Suppliers | 440/4 | €9,861 | €5,005 | -€4,857 | -49.2% |
| Taxes, remuneration and social security | 45 | €12,649 | €17,457 | +€4,808 | +38.0% |
| Taxes | 450/3 | €9,649 | €12,005 | +€2,356 | +24.4% |
| Remuneration and social security | 454/9 | €3,000 | €5,452 | +€2,452 | +81.7% |
| Other amounts payable | 47/48 | - | €1,661 | +€1,661 | |
| Non-recurring operating income | 76A | €5,170 | €0 | -€5,170 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €893 | €2,159 | +€1,265 | +141.6% |
| Other operating charges | 640/8 | €687 | €649 | -€38 | -5.6% |
| Gross operating margin | 9900 | €72,926 | €103,268 | +€30,343 | +41.6% |
| Operating profit (loss) | 9901 | €71,345 | €100,461 | +€29,116 | +40.8% |
| Financial income | 75/76B | €2,944 | €2,074 | -€870 | -29.5% |
| Recurring financial income | 75 | €2,944 | €2,074 | -€870 | -29.5% |
| Financial charges | 65/66B | €1,895 | €2,325 | +€430 | +22.7% |
| Recurring financial charges | 65 | €1,895 | €2,325 | +€430 | +22.7% |
| Profit (loss) for the period before taxes | 9903 | €72,394 | €100,210 | +€27,817 | +38.4% |
| Income taxes | 67/77 | €15,239 | €21,213 | +€5,974 | +39.2% |
| Profit (loss) for the period | 9904 | €57,154 | €78,997 | +€21,843 | +38.2% |
| Profit (loss) for the period to be appropriated | 9905 | €57,154 | €78,997 | +€21,843 | +38.2% |
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 3 October 2026 via checked.be.