SATURNI: 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.
SATURNI
Largest movements
- Cash +€95,448
up €95,448 (+529%), from €18,029 to €113,477
mainly Current investments (+€86,777) and Depreciation (+€10,207)
- Current investments -€86,777
down €86,777 (-38.2%), from €227,086 to €140,308
- Tangible fixed assets -€10,207
down €10,207 (-12.6%), from €81,312 to €71,105
of which Land and buildings: -€7,317
- Receivables within one year +€8,004
up €8,004 (+114%), from €7,002 to €15,006
of which Other amounts receivable: +€9,004
- Reserves +€7,257
up €7,257 (+2.4%), from €301,118 to €308,375
of which Distributable reserves: +€7,257
- Tax, wage and social debts -€4,244
down €4,244 (-51.6%), from €8,221 to €3,977
of which Taxes: -€4,244
- Gross operating margin -€41,271
down €41,271 (-74.3%), from €55,562 to €14,291
- Taxes -€9,242
down €9,242 (-75.6%), from €12,220 to €2,978
- Financial income +€7,526
new in 2025: €7,526
- Financial charges +€1,338
up €1,338, from -€107 to €1,232
- Other operating charges -€879
down €879 (-85.9%), from €1,023 to €144
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 | €334,654 | €339,896 | +€5,243 | +1.6% |
| Fixed assets | 21/28 | €81,312 | €71,105 | -€10,207 | -12.6% |
| Tangible fixed assets | 22/27 | €81,312 | €71,105 | -€10,207 | -12.6% |
| Land and buildings | 22 | €72,041 | €64,724 | -€7,317 | -10.2% |
| Plant, machinery and equipment | 23 | €5,501 | €4,196 | -€1,305 | -23.7% |
| Furniture and vehicles | 24 | €3,769 | €2,185 | -€1,585 | -42.0% |
| Current assets | 29/58 | €253,342 | €268,792 | +€15,450 | +6.1% |
| Amounts receivable within one year | 40/41 | €7,002 | €15,006 | +€8,004 | +114% |
| Trade receivables | 40 | €1,000 | €0 | -€1,000 | -100% |
| Other amounts receivable | 41 | €6,002 | €15,006 | +€9,004 | +150% |
| Current investments | 50/53 | €227,086 | €140,308 | -€86,777 | -38.2% |
| Cash at bank and in hand | 54/58 | €18,029 | €113,477 | +€95,448 | +529% |
| Deferred charges and accrued income | 490/1 | €1,225 | €0 | -€1,225 | -100% |
| Total equity and liabilities | 10/49 | €334,654 | €339,896 | +€5,243 | +1.6% |
| Equity | 10/15 | €313,518 | €320,775 | +€7,257 | +2.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €301,118 | €308,375 | +€7,257 | +2.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €301,118 | €308,375 | +€7,257 | +2.4% |
| Amounts payable | 17/49 | €21,136 | €19,121 | -€2,014 | -9.5% |
| Amounts payable within one year | 42/48 | €20,491 | €18,205 | -€2,286 | -11.2% |
| Trade debts | 44 | €1,788 | €1,766 | -€22 | -1.2% |
| Suppliers | 440/4 | €1,788 | €1,766 | -€22 | -1.2% |
| Taxes, remuneration and social security | 45 | €8,221 | €3,977 | -€4,244 | -51.6% |
| Taxes | 450/3 | €8,221 | €3,977 | -€4,244 | -51.6% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €10,483 | €12,462 | +€1,979 | +18.9% |
| Accrued charges and deferred income | 492/3 | €644 | €916 | +€272 | +42.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,207 | €10,207 | = | 0.0% |
| Other operating charges | 640/8 | €1,023 | €144 | -€879 | -85.9% |
| Gross operating margin | 9900 | €55,562 | €14,291 | -€41,271 | -74.3% |
| Operating profit (loss) | 9901 | €44,331 | €3,940 | -€40,391 | -91.1% |
| Financial income | 75/76B | - | €7,526 | +€7,526 | |
| Recurring financial income | 75 | - | €7,526 | +€7,526 | |
| Financial charges | 65/66B | -€107 | €1,232 | +€1,338 | |
| Recurring financial charges | 65 | -€107 | €1,232 | +€1,338 | |
| Profit (loss) for the period before taxes | 9903 | €44,438 | €10,235 | -€34,203 | -77.0% |
| Income taxes | 67/77 | €12,220 | €2,978 | -€9,242 | -75.6% |
| Profit (loss) for the period | 9904 | €32,218 | €7,257 | -€24,961 | -77.5% |
| Profit (loss) for the period to be appropriated | 9905 | €32,218 | €7,257 | -€24,961 | -77.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.