SATOFI: what changed
SATOFI
Largest movements
- Cash -€99,232
down €99,232 (-68.3%), from €145,258 to €46,026
mainly Current investments (-€98,280) and Receivables within one year (-€4,710)
- Current investments +€98,280
new in 2025: €98,280
- Receivables within one year +€4,710
up €4,710 (+78.8%), from €5,978 to €10,688
of which Trade receivables: +€5,320
- Tangible fixed assets +€2,944
up €2,944 (+128%), from €2,304 to €5,248
- Reserves +€6,452
up €6,452 (+25.3%), from €25,460 to €31,912
of which Distributable reserves: +€6,452
- Financial income +€3,746
up €3,746 (+370%), from €1,014 to €4,760
- Gross operating margin -€1,922
down €1,922 (-20.1%), from €9,578 to €7,656
- Other operating charges -€497
down €497 (-42.5%), from €1,170 to €673
- Financial charges +€439
up €439 (+29.7%), from €1,475 to €1,914
- Depreciation +€258
up €258 (+181%), from €143 to €401
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €154,258 | €161,019 | +€6,761 | +4.4% |
| Fixed assets | 21/28 | €2,304 | €5,248 | +€2,944 | +128% |
| Tangible fixed assets | 22/27 | €2,304 | €5,248 | +€2,944 | +128% |
| Furniture and vehicles | 24 | €2,304 | €5,248 | +€2,944 | +128% |
| Current assets | 29/58 | €151,954 | €155,771 | +€3,817 | +2.5% |
| Amounts receivable within one year | 40/41 | €5,978 | €10,688 | +€4,710 | +78.8% |
| Trade receivables | 40 | €5,368 | €10,688 | +€5,320 | +99.1% |
| Other amounts receivable | 41 | €610 | - | -€610 | |
| Current investments | 50/53 | - | €98,280 | +€98,280 | |
| Cash at bank and in hand | 54/58 | €145,258 | €46,026 | -€99,232 | -68.3% |
| Deferred charges and accrued income | 490/1 | €718 | €777 | +€60 | +8.3% |
| Total equity and liabilities | 10/49 | €154,258 | €161,019 | +€6,761 | +4.4% |
| Equity | 10/15 | €150,460 | €156,912 | +€6,452 | +4.3% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €25,460 | €31,912 | +€6,452 | +25.3% |
| Non-distributable reserves | 130/1 | €12,500 | €12,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €12,960 | €19,412 | +€6,452 | +49.8% |
| Amounts payable | 17/49 | €3,798 | €4,107 | +€309 | +8.1% |
| Amounts payable within one year | 42/48 | €2,469 | €4,074 | +€1,605 | +65.0% |
| Trade debts | 44 | €37 | €278 | +€241 | +645% |
| Suppliers | 440/4 | €37 | €278 | +€241 | +645% |
| Taxes, remuneration and social security | 45 | €838 | €2,202 | +€1,364 | +163% |
| Taxes | 450/3 | €838 | €2,202 | +€1,364 | +163% |
| Other amounts payable | 47/48 | €1,593 | €1,593 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,329 | €33 | -€1,296 | -97.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €143 | €401 | +€258 | +181% |
| Other operating charges | 640/8 | €1,170 | €673 | -€497 | -42.5% |
| Gross operating margin | 9900 | €9,578 | €7,656 | -€1,922 | -20.1% |
| Operating profit (loss) | 9901 | €8,266 | €6,582 | -€1,684 | -20.4% |
| Financial income | 75/76B | €1,014 | €4,760 | +€3,746 | +370% |
| Recurring financial income | 75 | €1,014 | €4,760 | +€3,746 | +370% |
| Financial charges | 65/66B | €1,475 | €1,914 | +€439 | +29.7% |
| Recurring financial charges | 65 | €1,475 | €1,914 | +€439 | +29.7% |
| Profit (loss) for the period before taxes | 9903 | €7,804 | €9,428 | +€1,624 | +20.8% |
| Income taxes | 67/77 | €3,101 | €2,976 | -€125 | -4.0% |
| Profit (loss) for the period | 9904 | €4,703 | €6,452 | +€1,749 | +37.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,703 | €6,452 | +€1,749 | +37.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.