This paper addresses the question of how catchment-scale water and energy balances have responded to climatic and land surface changes over the last 70 years in the federal state of Saxony in eastern Germany. Therefore, observational data of hydrological and meteorological monitoring sites from 1951 to 2020 across 71 catchments are examined in a relative water- and energy-partitioning framework to put the recent drought-induced changes into a historical perspective. A comprehensive visualization method is used to analyze the observed time series. The study focuses on changes on a decadal timescale and finds the largest decline in observed runoff in the last decade (2011-2020). The observed decline can be explained by the significant increase in aridity, caused by the reduction in annual mean rainfall and a simultaneous increase in potential evaporation. In a few mainly forested headwater catchments, the observed decline in runoff was even stronger than predicted by climate conditions alone. These catchments are still recovering from past widespread forest damages sustained in the 1970s to 1980s, resulting in a continuous increase in actual evapotranspiration due to forest regrowth. On the contrary, runoff stayed almost constant in other catchments despite an increase in aridity. These results highlight that water budgets in Saxony are in an unstable, non-stationary regime due to significant climatic changes and the regional impacts of land surface changes such as forest health. The recent decreases in the mean annual runoff are substantial and must be taken into account by the authorities for freshwater management.