SATURNUS: 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.
SATURNUS
Largest movements
- Tangible fixed assets -€13,213
down €13,213 (-6.6%), from €198,842 to €185,629
of which Land and buildings: -€11,722
- Profit (loss) carried forward -€13,120
down €13,120 (-10.3%), from -€127,271 to -€140,391
- Gross operating margin +€3,588
up €3,588, from -€357 to €3,231
- Other operating charges -€923
down €923 (-24.5%), from €3,769 to €2,846
- Financial charges +€151
up €151 (+107%), from €141 to €291
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 | €265,235 | €249,919 | -€15,316 | -5.8% |
| Fixed assets | 21/28 | €198,842 | €185,629 | -€13,213 | -6.6% |
| Tangible fixed assets | 22/27 | €198,842 | €185,629 | -€13,213 | -6.6% |
| Land and buildings | 22 | €195,859 | €184,137 | -€11,722 | -6.0% |
| Plant, machinery and equipment | 23 | €2,983 | €1,492 | -€1,491 | -50.0% |
| Current assets | 29/58 | €66,393 | €64,290 | -€2,102 | -3.2% |
| Amounts receivable within one year | 40/41 | €63,936 | €62,757 | -€1,179 | -1.8% |
| Trade receivables | 40 | €62,757 | €62,757 | = | 0.0% |
| Other amounts receivable | 41 | €1,179 | €0 | -€1,179 | -100% |
| Cash at bank and in hand | 54/58 | €2,457 | €1,534 | -€923 | -37.6% |
| Total equity and liabilities | 10/49 | €265,235 | €249,919 | -€15,316 | -5.8% |
| Equity | 10/15 | €260,229 | €247,109 | -€13,120 | -5.0% |
| Contributions | 10/11 | €387,500 | €387,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€127,271 | -€140,391 | -€13,120 | -10.3% |
| Amounts payable | 17/49 | €5,006 | €2,810 | -€2,196 | -43.9% |
| Amounts payable within one year | 42/48 | €2,395 | €144 | -€2,251 | -94.0% |
| Trade debts | 44 | €2,243 | €144 | -€2,099 | -93.6% |
| Suppliers | 440/4 | €2,243 | €144 | -€2,099 | -93.6% |
| Other amounts payable | 47/48 | €152 | €0 | -€152 | -100% |
| Accrued charges and deferred income | 492/3 | €2,611 | €2,666 | +€55 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,213 | €13,213 | = | 0.0% |
| Other operating charges | 640/8 | €3,769 | €2,846 | -€923 | -24.5% |
| Gross operating margin | 9900 | -€357 | €3,231 | +€3,588 | |
| Operating profit (loss) | 9901 | -€17,339 | -€12,828 | +€4,510 | +26.0% |
| Financial income | 75/76B | €20 | €0 | -€20 | -99.0% |
| Recurring financial income | 75 | €20 | €0 | -€20 | -99.0% |
| Financial charges | 65/66B | €141 | €291 | +€151 | +107% |
| Recurring financial charges | 65 | €141 | €291 | +€151 | +107% |
| Profit (loss) for the period before taxes | 9903 | -€17,459 | -€13,120 | +€4,340 | +24.9% |
| Profit (loss) for the period | 9904 | -€17,459 | -€13,120 | +€4,340 | +24.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,459 | -€13,120 | +€4,340 | +24.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.