SATURN 75: 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.
SATURN 75
Largest movements
- Tangible fixed assets -€31,111
down €31,111 (-4.0%), from €770,889 to €739,778
- Debts after one year -€71,062
down €71,062 (-43.6%), from €162,885 to €91,823
- Profit (loss) carried forward +€27,758
up €27,758 (+14.7%), from €188,512 to €216,269
- Other debts +€8,288
up €8,288 (+4.5%), from €183,034 to €191,322
- Financial charges -€1,777
down €1,777 (-10.8%), from €16,404 to €14,627
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 | €773,306 | €741,759 | -€31,547 | -4.1% |
| Fixed assets | 21/28 | €770,889 | €739,778 | -€31,111 | -4.0% |
| Tangible fixed assets | 22/27 | €770,889 | €739,778 | -€31,111 | -4.0% |
| Land and buildings | 22 | €770,889 | €739,778 | -€31,111 | -4.0% |
| Current assets | 29/58 | €2,417 | €1,981 | -€436 | -18.0% |
| Cash at bank and in hand | 54/58 | €2,417 | €1,981 | -€436 | -18.0% |
| Total equity and liabilities | 10/49 | €773,306 | €741,759 | -€31,547 | -4.1% |
| Equity | 10/15 | €340,012 | €367,769 | +€27,758 | +8.2% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €1,500 | €1,500 | = | 0.0% |
| Distributable reserves | 133 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €188,512 | €216,269 | +€27,758 | +14.7% |
| Amounts payable | 17/49 | €433,294 | €373,989 | -€59,305 | -13.7% |
| Amounts payable after more than one year | 17 | €162,885 | €91,823 | -€71,062 | -43.6% |
| Financial debts | 170/4 | €162,885 | €91,823 | -€71,062 | -43.6% |
| Amounts payable within one year | 42/48 | €270,409 | €282,167 | +€11,758 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | €68,999 | €71,062 | +€2,063 | +3.0% |
| Taxes, remuneration and social security | 45 | €18,377 | €19,783 | +€1,406 | +7.7% |
| Taxes | 450/3 | €18,377 | €19,783 | +€1,406 | +7.7% |
| Other amounts payable | 47/48 | €183,034 | €191,322 | +€8,288 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,111 | €31,111 | = | 0.0% |
| Other operating charges | 640/8 | €968 | €400 | -€568 | -58.7% |
| Gross operating margin | 9900 | €84,000 | €84,000 | = | 0.0% |
| Operating profit (loss) | 9901 | €51,921 | €52,489 | +€568 | +1.1% |
| Financial charges | 65/66B | €16,404 | €14,627 | -€1,777 | -10.8% |
| Recurring financial charges | 65 | €16,404 | €14,627 | -€1,777 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €35,517 | €37,862 | +€2,345 | +6.6% |
| Income taxes | 67/77 | €9,679 | €10,105 | +€426 | +4.4% |
| Profit (loss) for the period | 9904 | €25,839 | €27,758 | +€1,919 | +7.4% |
| Profit (loss) for the period to be appropriated | 9905 | €25,839 | €27,758 | +€1,919 | +7.4% |
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.