BLACK EAGLE: 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.
BLACK EAGLE
Largest movements
- Tangible fixed assets -€4,101
down €4,101 (-44.0%), from €9,325 to €5,224
- Receivables within one year +€2,939
up €2,939 (+252.3%), from €1,165 to €4,104
of which Trade receivables: +€3,564
- Cash +€1,082
up €1,082 (+69.0%), from €1,567 to €2,649
mainly Net result for the year (+€8,394) and Trade debts (+€5,068)
- Other debts -€13,542
down €13,542 (-83.0%), from €16,310 to €2,768
- Profit (loss) carried forward +€8,394
up €8,394 (+57.2%), from -€14,674 to -€6,280
- Trade debts +€5,068
up €5,068 (+1204.5%), from €421 to €5,489
- Purchases and services +€125,300
new in 2023: €125,300
- Gross operating margin +€17,456
up €17,456, from -€4,333 to €13,123
- Depreciation +€1,124
up €1,124 (+37.7%), from €2,977 to €4,101
- Other operating charges +€584
new in 2023: €584
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,057 | €11,977 | -€80 | -0.7% |
| Fixed assets | 21/28 | €9,325 | €5,224 | -€4,101 | -44.0% |
| Tangible fixed assets | 22/27 | €9,325 | €5,224 | -€4,101 | -44.0% |
| Plant, machinery and equipment | 23 | €9,325 | €5,224 | -€4,101 | -44.0% |
| Current assets | 29/58 | €2,732 | €6,753 | +€4,021 | +147.2% |
| Amounts receivable within one year | 40/41 | €1,165 | €4,104 | +€2,939 | +252.3% |
| Trade receivables | 40 | - | €3,564 | +€3,564 | |
| Other amounts receivable | 41 | €1,165 | €540 | -€625 | -53.7% |
| Cash at bank and in hand | 54/58 | €1,567 | €2,649 | +€1,082 | +69.0% |
| Total equity and liabilities | 10/49 | €12,057 | €11,977 | -€80 | -0.7% |
| Equity | 10/15 | -€4,674 | €3,720 | +€8,394 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,674 | -€6,280 | +€8,394 | +57.2% |
| Amounts payable | 17/49 | €16,731 | €8,257 | -€8,474 | -50.6% |
| Amounts payable within one year | 42/48 | €16,731 | €8,257 | -€8,474 | -50.6% |
| Trade debts | 44 | €421 | €5,489 | +€5,068 | +1204.5% |
| Suppliers | 440/4 | €421 | €5,489 | +€5,068 | +1204.5% |
| Other amounts payable | 47/48 | €16,310 | €2,768 | -€13,542 | -83.0% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €125,300 | +€125,300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,977 | €4,101 | +€1,124 | +37.7% |
| Other operating charges | 640/8 | - | €584 | +€584 | |
| Non-recurring operating charges | 66A | €7,318 | - | -€7,318 | |
| Gross operating margin | 9900 | -€4,333 | €13,123 | +€17,456 | |
| Operating profit (loss) | 9901 | -€14,628 | €8,438 | +€23,066 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €46 | €44 | -€2 | -5.0% |
| Recurring financial charges | 65 | €46 | €44 | -€2 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | -€14,674 | €8,394 | +€23,068 | |
| Profit (loss) for the period | 9904 | -€14,674 | €8,394 | +€23,068 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,674 | €8,394 | +€23,068 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.