SATVA: 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.
SATVA
Largest movements
- Cash +€30,323
up €30,323 (+286.7%), from €10,575 to €40,898
mainly Net result for the year (+€55,670) and Tax, wage and social debts (+€6,032)
- Receivables within one year +€25,888
up €25,888 (+2010.5%), from €1,288 to €27,175
of which Trade receivables: +€17,252
- Deferred charges and accrued income +€2,426
up €2,426 (+514.1%), from €472 to €2,898
- Reserves +€51,327
new in 2025: €51,327
- Tax, wage and social debts +€6,032
up €6,032 (+152.2%), from €3,963 to €9,994
of which Taxes: +€8,350
- Other debts -€4,905
down €4,905 (-100.0%), from €4,905 to €0
- Profit (loss) carried forward +€4,342
up €4,342, from -€4,342 to €0
- Trade debts +€1,322
up €1,322 (+32.8%), from €4,030 to €5,352
- Gross operating margin +€78,484
up €78,484, from -€4,131 to €74,354
- Taxes +€16,489
up €16,489 (+61757.2%), from €27 to €16,516
- Other operating charges +€877
up €877 (+7312.1%), from €12 to €889
- Financial charges +€771
up €771 (+1703.8%), from €45 to €816
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 | €13,810 | €71,908 | +€58,098 | +420.7% |
| Fixed assets | 21/28 | €1,475 | €936 | -€539 | -36.6% |
| Tangible fixed assets | 22/27 | €1,475 | €936 | -€539 | -36.6% |
| Furniture and vehicles | 24 | €1,475 | €936 | -€539 | -36.6% |
| Current assets | 29/58 | €12,335 | €70,972 | +€58,637 | +475.4% |
| Amounts receivable within one year | 40/41 | €1,288 | €27,175 | +€25,888 | +2010.5% |
| Trade receivables | 40 | €660 | €17,912 | +€17,252 | +2614.4% |
| Other amounts receivable | 41 | €628 | €9,263 | +€8,635 | +1375.6% |
| Cash at bank and in hand | 54/58 | €10,575 | €40,898 | +€30,323 | +286.7% |
| Deferred charges and accrued income | 490/1 | €472 | €2,898 | +€2,426 | +514.1% |
| Total equity and liabilities | 10/49 | €13,810 | €71,908 | +€58,098 | +420.7% |
| Equity | 10/15 | €658 | €56,327 | +€55,670 | +8464.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €51,327 | +€51,327 | |
| Distributable reserves | 133 | - | €51,327 | +€51,327 | |
| Profit (loss) carried forward | 14 | -€4,342 | €0 | +€4,342 | |
| Amounts payable | 17/49 | €13,152 | €15,580 | +€2,428 | +18.5% |
| Amounts payable within one year | 42/48 | €12,897 | €15,346 | +€2,449 | +19.0% |
| Trade debts | 44 | €4,030 | €5,352 | +€1,322 | +32.8% |
| Suppliers | 440/4 | €4,030 | €5,352 | +€1,322 | +32.8% |
| Taxes, remuneration and social security | 45 | €3,963 | €9,994 | +€6,032 | +152.2% |
| Taxes | 450/3 | €1,644 | €9,994 | +€8,350 | +507.8% |
| Remuneration and social security | 454/9 | €2,318 | €0 | -€2,318 | -100.0% |
| Other amounts payable | 47/48 | €4,905 | €0 | -€4,905 | -100.0% |
| Accrued charges and deferred income | 492/3 | €255 | €234 | -€21 | -8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €143 | €539 | +€397 | +277.6% |
| Other operating charges | 640/8 | €12 | €889 | +€877 | +7312.1% |
| Gross operating margin | 9900 | -€4,131 | €74,354 | +€78,484 | |
| Operating profit (loss) | 9901 | -€4,285 | €72,925 | +€77,210 | |
| Financial income | 75/76B | €15 | €77 | +€62 | +412.2% |
| Recurring financial income | 75 | €15 | €77 | +€62 | +412.2% |
| Financial charges | 65/66B | €45 | €816 | +€771 | +1703.8% |
| Recurring financial charges | 65 | €45 | €816 | +€771 | +1703.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,316 | €72,186 | +€76,501 | |
| Income taxes | 67/77 | €27 | €16,516 | +€16,489 | +61757.2% |
| Profit (loss) for the period | 9904 | -€4,342 | €55,670 | +€60,012 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,342 | €55,670 | +€60,012 |
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 12 October 2026 via checked.be.