SATURAH: 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.
SATURAH
Largest movements
- Tangible fixed assets -€25,529
down €25,529 (-4.3%), from €592,761 to €567,231
of which Land and buildings: -€25,146
- Receivables within one year +€18,377
up €18,377, from €0 to €18,377
- Profit (loss) carried forward +€21,310
up €21,310 (+17.4%), from €122,471 to €143,781
- Debts after one year -€11,214
down €11,214 (-14.0%), from €80,011 to €68,797
- Other debts -€10,748
down €10,748 (-3.6%), from €298,334 to €287,586
- Tax, wage and social debts -€6,268
down €6,268 (-18.5%), from €33,926 to €27,657
- Gross operating margin -€20,358
down €20,358 (-24.8%), from €81,958 to €61,600
- Taxes -€5,911
down €5,911 (-41.0%), from €14,412 to €8,501
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 | €599,447 | €593,083 | -€6,365 | -1.1% |
| Fixed assets | 21/28 | €592,761 | €567,231 | -€25,529 | -4.3% |
| Tangible fixed assets | 22/27 | €592,761 | €567,231 | -€25,529 | -4.3% |
| Land and buildings | 22 | €592,020 | €566,874 | -€25,146 | -4.2% |
| Furniture and vehicles | 24 | €740 | €357 | -€383 | -51.7% |
| Current assets | 29/58 | €6,687 | €25,851 | +€19,165 | +287% |
| Amounts receivable within one year | 40/41 | €0 | €18,377 | +€18,377 | |
| Trade receivables | 40 | €0 | €18,377 | +€18,377 | |
| Cash at bank and in hand | 54/58 | €6,687 | €7,474 | +€787 | +11.8% |
| Total equity and liabilities | 10/49 | €599,447 | €593,083 | -€6,365 | -1.1% |
| Equity | 10/15 | €176,086 | €197,396 | +€21,310 | +12.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €33,615 | €33,615 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €31,615 | €31,615 | = | 0.0% |
| Profit (loss) carried forward | 14 | €122,471 | €143,781 | +€21,310 | +17.4% |
| Amounts payable | 17/49 | €423,362 | €395,687 | -€27,675 | -6.5% |
| Amounts payable after more than one year | 17 | €80,011 | €68,797 | -€11,214 | -14.0% |
| Financial debts | 170/4 | €80,011 | €68,797 | -€11,214 | -14.0% |
| Amounts payable within one year | 42/48 | €343,351 | €326,890 | -€16,461 | -4.8% |
| Current portion of amounts payable after more than one year | 42 | €10,848 | €11,214 | +€366 | +3.4% |
| Trade debts | 44 | €244 | €432 | +€189 | +77.4% |
| Suppliers | 440/4 | €244 | €432 | +€189 | +77.4% |
| Taxes, remuneration and social security | 45 | €33,926 | €27,657 | -€6,268 | -18.5% |
| Taxes | 450/3 | €33,926 | €27,657 | -€6,268 | -18.5% |
| Other amounts payable | 47/48 | €298,334 | €287,586 | -€10,748 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,749 | €25,529 | -€220 | -0.9% |
| Other operating charges | 640/8 | €2,603 | €2,209 | -€393 | -15.1% |
| Gross operating margin | 9900 | €81,958 | €61,600 | -€20,358 | -24.8% |
| Operating profit (loss) | 9901 | €53,606 | €33,861 | -€19,745 | -36.8% |
| Financial charges | 65/66B | €3,725 | €4,050 | +€325 | +8.7% |
| Recurring financial charges | 65 | €3,725 | €4,050 | +€325 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | €49,881 | €29,811 | -€20,070 | -40.2% |
| Income taxes | 67/77 | €14,412 | €8,501 | -€5,911 | -41.0% |
| Profit (loss) for the period | 9904 | €35,469 | €21,310 | -€14,159 | -39.9% |
| Profit (loss) for the period to be appropriated | 9905 | €35,469 | €21,310 | -€14,159 | -39.9% |
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 27 October 2026 via checked.be.