Blue Eagle Immo: what changed
Two fiscal 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.
Blue Eagle Immo
Largest movements
- Tangible fixed assets -€162,609
down €162,609 (-22.1%), from €735,323 to €572,714
of which Land and buildings: -€149,699
- Cash +€94,385
up €94,385 (+194.5%), from €48,517 to €142,902
mainly Investment in fixed assets (net) (+€85,651) and Receivables within one year (+€77,165)
- Receivables within one year -€77,165
down €77,165 (-95.5%), from €80,827 to €3,662
of which Trade receivables: -€78,277
- Reserves +€200,358
up €200,358 (+1252.2%), from €16,000 to €216,358
of which Distributable reserves: +€200,358
- Profit (loss) carried forward -€166,194
down €166,194 (-100.0%), from €166,194 to €0
- Other debts -€120,000
down €120,000 (-64.7%), from €185,391 to €65,391
- Debts after one year -€37,507
down €37,507 (-9.8%), from €383,645 to €346,138
- Current portion of long-term debt -€21,348
down €21,348 (-24.9%), from €85,855 to €64,507
- Services and other goods -€43,288
down €43,288 (-70.3%), from €61,552 to €18,264
- Depreciation -€42,921
down €42,921 (-35.8%), from €119,906 to €76,984
- Turnover -€29,141
down €29,141 (-43.0%), from €67,840 to €38,699
- Financial charges +€11,599
up €11,599 (+484.8%), from €2,393 to €13,992
- Other operating charges -€10,989
down €10,989 (-47.4%), from €23,178 to €12,189
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 | €1,015,218 | €870,157 | -€145,061 | -14.3% |
| Fixed assets | 21/28 | €735,874 | €573,239 | -€162,635 | -22.1% |
| Intangible fixed assets | 21 | €50 | €24 | -€26 | -52.4% |
| Tangible fixed assets | 22/27 | €735,323 | €572,714 | -€162,609 | -22.1% |
| Land and buildings | 22 | €707,749 | €558,050 | -€149,699 | -21.2% |
| Plant, machinery and equipment | 23 | €16,157 | €13,785 | -€2,371 | -14.7% |
| Leasing and similar rights | 25 | €11,417 | €878 | -€10,539 | -92.3% |
| Financial fixed assets | 28 | €502 | €502 | = | 0.0% |
| Other financial fixed assets | 284/8 | €502 | €502 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €502 | €502 | = | 0.0% |
| Current assets | 29/58 | €279,344 | €296,918 | +€17,574 | +6.3% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €80,827 | €3,662 | -€77,165 | -95.5% |
| Trade receivables | 40 | €79,993 | €1,716 | -€78,277 | -97.9% |
| Other amounts receivable | 41 | €835 | €1,946 | +€1,111 | +133.2% |
| Current investments | 50/53 | €150,000 | €150,000 | = | 0.0% |
| Other investments | 51/53 | €150,000 | €150,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €48,517 | €142,902 | +€94,385 | +194.5% |
| Deferred charges and accrued income | 490/1 | - | €354 | +€354 | |
| Total equity and liabilities | 10/49 | €1,015,218 | €870,157 | -€145,061 | -14.3% |
| Equity | 10/15 | €342,194 | €376,358 | +€34,163 | +10.0% |
| Contributions | 10/11 | €160,000 | €160,000 | = | 0.0% |
| Capital | 10 | €160,000 | €160,000 | = | 0.0% |
| Issued capital | 100 | €160,000 | €160,000 | = | 0.0% |
| Reserves | 13 | €16,000 | €216,358 | +€200,358 | +1252.2% |
| Non-distributable reserves | 130/1 | €16,000 | €16,000 | = | 0.0% |
| Legal reserve | 130 | €16,000 | €16,000 | = | 0.0% |
| Distributable reserves | 133 | - | €200,358 | +€200,358 | |
| Profit (loss) carried forward | 14 | €166,194 | €0 | -€166,194 | -100.0% |
| Amounts payable | 17/49 | €673,024 | €493,799 | -€179,225 | -26.6% |
| Amounts payable after more than one year | 17 | €383,645 | €346,138 | -€37,507 | -9.8% |
| Financial debts | 170/4 | €383,645 | €346,138 | -€37,507 | -9.8% |
| Other loans | 174 | €383,645 | €346,138 | -€37,507 | -9.8% |
| Amounts payable within one year | 42/48 | €289,379 | €147,661 | -€141,718 | -49.0% |
| Current portion of amounts payable after more than one year | 42 | €85,855 | €64,507 | -€21,348 | -24.9% |
| Trade debts | 44 | €7,785 | €13,911 | +€6,126 | +78.7% |
| Suppliers | 440/4 | €7,785 | €13,911 | +€6,126 | +78.7% |
| Taxes, remuneration and social security | 45 | €10,348 | €3,853 | -€6,495 | -62.8% |
| Taxes | 450/3 | €10,348 | €3,853 | -€6,495 | -62.8% |
| Other amounts payable | 47/48 | €185,391 | €65,391 | -€120,000 | -64.7% |
| Operating income | 70/76A | €177,124 | €151,534 | -€25,590 | -14.4% |
| Turnover | 70 | €67,840 | €38,699 | -€29,141 | -43.0% |
| Other operating income | 74 | €109,284 | €112,835 | +€3,551 | +3.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €204,635 | €107,437 | -€97,198 | -47.5% |
| Services and other goods | 61 | €61,552 | €18,264 | -€43,288 | -70.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €119,906 | €76,984 | -€42,921 | -35.8% |
| Other operating charges | 640/8 | €23,178 | €12,189 | -€10,989 | -47.4% |
| Operating profit (loss) | 9901 | -€27,511 | €44,097 | +€71,608 | |
| Financial income | 75/76B | €2,782 | €4,058 | +€1,277 | +45.9% |
| Recurring financial income | 75 | €2,782 | €4,058 | +€1,277 | +45.9% |
| Income from financial fixed assets | 750 | €2,782 | €895 | -€1,886 | -67.8% |
| Income from current assets | 751 | - | €3,163 | +€3,163 | |
| Financial charges | 65/66B | €2,393 | €13,992 | +€11,599 | +484.8% |
| Recurring financial charges | 65 | €2,393 | €13,992 | +€11,599 | +484.8% |
| Debt charges | 650 | €1,823 | €12,597 | +€10,773 | +590.9% |
| Other financial charges | 652/9 | €569 | €1,395 | +€826 | +145.0% |
| Profit (loss) for the period before taxes | 9903 | -€27,122 | €34,163 | +€61,285 | |
| Profit (loss) for the period | 9904 | -€27,122 | €34,163 | +€61,285 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,122 | €34,163 | +€61,285 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.