SATPROD: 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.
SATPROD
Largest movements
- Intangible fixed assets -€1,759
down €1,759 (-26.5%), from €6,647 to €4,888
- Tangible fixed assets +€663
up €663 (+23.2%), from €2,864 to €3,527
of which Plant, machinery and equipment: +€1,723
- Cash -€473
down €473 (-10.0%), from €4,732 to €4,259
mainly Net result for the year (-€3,341)
- Profit (loss) carried forward -€3,341
down €3,341 (-12.8%), from -€26,139 to -€29,479
- Debts after one year +€1,251
up €1,251 (+327.7%), from €382 to €1,632
of which Other amounts payable: +€1,632
- Tax, wage and social debts +€522
up €522 (+37.3%), from €1,400 to €1,921
- Purchases and services +€2,383
up €2,383 (+67.5%), from €3,531 to €5,915
- Gross operating margin +€1,139
up €1,139 (+27.8%), from -€4,090 to -€2,952
- Other operating charges +€224
up €224 (+350.9%), from €64 to €288
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 | €14,242 | €12,674 | -€1,568 | -11.0% |
| Fixed assets | 21/28 | €9,511 | €8,415 | -€1,095 | -11.5% |
| Intangible fixed assets | 21 | €6,647 | €4,888 | -€1,759 | -26.5% |
| Tangible fixed assets | 22/27 | €2,864 | €3,527 | +€663 | +23.2% |
| Plant, machinery and equipment | 23 | - | €1,723 | +€1,723 | |
| Furniture and vehicles | 24 | €2,864 | €1,804 | -€1,060 | -37.0% |
| Financial fixed assets | 28 | €0 | €0 | = | |
| Current assets | 29/58 | €4,732 | €4,259 | -€473 | -10.0% |
| Cash at bank and in hand | 54/58 | €4,732 | €4,259 | -€473 | -10.0% |
| Total equity and liabilities | 10/49 | €14,242 | €12,674 | -€1,568 | -11.0% |
| Equity | 10/15 | €12,461 | €9,121 | -€3,341 | -26.8% |
| Contributions | 10/11 | €38,600 | €38,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,139 | -€29,479 | -€3,341 | -12.8% |
| Amounts payable | 17/49 | €1,781 | €3,554 | +€1,772 | +99.5% |
| Amounts payable after more than one year | 17 | €382 | €1,632 | +€1,251 | +327.7% |
| Financial debts | 170/4 | €382 | - | -€382 | |
| Other amounts payable | 178/9 | - | €1,632 | +€1,632 | |
| Amounts payable within one year | 42/48 | €1,400 | €1,921 | +€522 | +37.3% |
| Taxes, remuneration and social security | 45 | €1,400 | €1,921 | +€522 | +37.3% |
| Taxes | 450/3 | €1,400 | €1,921 | +€522 | +37.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,531 | €5,915 | +€2,383 | +67.5% |
| Other operating charges | 640/8 | €64 | €288 | +€224 | +350.9% |
| Gross operating margin | 9900 | -€4,090 | -€2,952 | +€1,139 | +27.8% |
| Operating profit (loss) | 9901 | -€4,154 | -€3,239 | +€915 | +22.0% |
| Financial charges | 65/66B | €107 | €101 | -€5 | -5.1% |
| Recurring financial charges | 65 | €107 | €101 | -€5 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,261 | -€3,341 | +€920 | +21.6% |
| Profit (loss) for the period | 9904 | -€4,261 | -€3,341 | +€920 | +21.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,261 | -€3,341 | +€920 | +21.6% |
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 2 October 2026 via checked.be.