Shouldn't Satzbestimmend always be higher than Steuerbar?

Got a letter from cantonal tax office.
I am a little bit confused how could Satzbestimmend be lower for me than Steuerbar (CH + small foreign income)? I always thought that Satzbestimmend is more generally defined.

Did you get a dividend from a company of which you own more than 10% of the capital ?

I’ve been told that this can be the case, for example if you make a loss (for example deductible renovation costs for real estate exceeding rental income) in a different canton or country. This way your worldwide income would be lower than the actual income in your canton of residence.