SATURNE: 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.
SATURNE
Largest movements
- Cash -€48,762
down €48,762 (-62.3%), from €78,271 to €29,509
mainly Tax, wage and social debts (-€24,478) and Investment in fixed assets (net) (-€18,992)
- Tangible fixed assets +€18,992
up €18,992 (+240.9%), from €7,883 to €26,875
of which Plant, machinery and equipment: +€11,387
- Receivables within one year -€11,126
down €11,126 (-90.1%), from €12,342 to €1,216
- Tax, wage and social debts -€24,478
down €24,478 (-65.3%), from €37,459 to €12,981
- Accrued charges and deferred income -€10,361
no longer reported in 2025 (was €10,361)
- Profit (loss) carried forward -€6,057
down €6,057 (-30.8%), from €19,689 to €13,632
- Gross operating margin -€29,062
down €29,062, from €23,556 to -€5,506
- Purchases and services -€12,574
no longer reported in 2025 (was €12,574)
- Depreciation -€3,282
no longer reported in 2025 (was €3,282)
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 | €98,496 | €57,600 | -€40,896 | -41.5% |
| Fixed assets | 21/28 | €7,883 | €26,875 | +€18,992 | +240.9% |
| Tangible fixed assets | 22/27 | €7,883 | €26,875 | +€18,992 | +240.9% |
| Plant, machinery and equipment | 23 | €7,883 | €19,270 | +€11,387 | +144.5% |
| Furniture and vehicles | 24 | - | €7,605 | +€7,605 | |
| Current assets | 29/58 | €90,613 | €30,725 | -€59,888 | -66.1% |
| Amounts receivable within one year | 40/41 | €12,342 | €1,216 | -€11,126 | -90.1% |
| Trade receivables | 40 | €12,342 | €1,216 | -€11,126 | -90.1% |
| Cash at bank and in hand | 54/58 | €78,271 | €29,509 | -€48,762 | -62.3% |
| Total equity and liabilities | 10/49 | €98,496 | €57,600 | -€40,896 | -41.5% |
| Equity | 10/15 | €50,676 | €44,619 | -€6,057 | -12.0% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Capital | 10 | €30,987 | €30,987 | = | 0.0% |
| Issued capital | 100 | €30,987 | €30,987 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,689 | €13,632 | -€6,057 | -30.8% |
| Amounts payable | 17/49 | €47,820 | €12,981 | -€34,839 | -72.9% |
| Amounts payable within one year | 42/48 | €37,459 | €12,981 | -€24,478 | -65.3% |
| Taxes, remuneration and social security | 45 | €37,459 | €12,981 | -€24,478 | -65.3% |
| Taxes | 450/3 | €37,459 | €12,981 | -€24,478 | -65.3% |
| Other amounts payable | 47/48 | - | €0 | = | |
| Accrued charges and deferred income | 492/3 | €10,361 | - | -€10,361 | |
| Goods, raw materials, services and sundry goods | 60/61 | €12,574 | - | -€12,574 | |
| Remuneration, social security and pensions | 62 | €42 | €21 | -€21 | -50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,282 | - | -€3,282 | |
| Other operating charges | 640/8 | €543 | €530 | -€13 | -2.4% |
| Gross operating margin | 9900 | €23,556 | -€5,506 | -€29,062 | |
| Operating profit (loss) | 9901 | €19,689 | -€6,057 | -€25,746 | |
| Profit (loss) for the period before taxes | 9903 | €19,689 | -€6,057 | -€25,746 | |
| Profit (loss) for the period | 9904 | €19,689 | -€6,057 | -€25,746 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,689 | -€6,057 | -€25,746 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.