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.
EAGLE
Largest movements
- Receivables within one year +€23,499
up €23,499 (+5.2%), from €451,587 to €475,086
of which Other amounts receivable: +€71,099
- Cash -€5,557
down €5,557 (-99.8%), from €5,569 to €12
mainly Receivables within one year (-€23,499) and Tax, wage and social debts (-€4,711)
- Other debts +€22,400
up €22,400 (+10.0%), from €223,188 to €245,588
- Gross operating margin -€49,584
down €49,584, from €48,325 to -€1,259
- Financial income -€18,902
down €18,902 (-92.1%), from €20,532 to €1,630
- Taxes -€9,452
down €9,452 (-100%), from €9,452 to €0
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.
Derived cash bridge
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 | €457,157 | €475,099 | +€17,942 | +3.9% |
| Current assets | 29/58 | €457,157 | €475,099 | +€17,942 | +3.9% |
| Amounts receivable within one year | 40/41 | €451,587 | €475,086 | +€23,499 | +5.2% |
| Trade receivables | 40 | €47,600 | €0 | -€47,600 | -100% |
| Other amounts receivable | 41 | €403,987 | €475,086 | +€71,099 | +17.6% |
| Cash at bank and in hand | 54/58 | €5,569 | €12 | -€5,557 | -99.8% |
| Total equity and liabilities | 10/49 | €457,157 | €475,099 | +€17,942 | +3.9% |
| Equity | 10/15 | €219,242 | €218,353 | -€889 | -0.4% |
| Contributions | 10/11 | €371,840 | €371,840 | = | 0.0% |
| Capital | 10 | €371,840 | €371,840 | = | 0.0% |
| Issued capital | 100 | €371,840 | €371,840 | = | 0.0% |
| Reserves | 13 | €2,817 | €2,817 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,817 | €2,817 | = | 0.0% |
| Legal reserve | 130 | €2,817 | €2,817 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€155,416 | -€156,305 | -€889 | -0.6% |
| Amounts payable | 17/49 | €237,915 | €256,746 | +€18,831 | +7.9% |
| Amounts payable within one year | 42/48 | €237,915 | €256,746 | +€18,831 | +7.9% |
| Trade debts | 44 | €564 | €1,706 | +€1,142 | +202% |
| Suppliers | 440/4 | €564 | €1,706 | +€1,142 | +202% |
| Taxes, remuneration and social security | 45 | €14,162 | €9,452 | -€4,711 | -33.3% |
| Taxes | 450/3 | €14,162 | €9,452 | -€4,711 | -33.3% |
| Other amounts payable | 47/48 | €223,188 | €245,588 | +€22,400 | +10.0% |
| Other operating charges | 640/8 | €470 | €843 | +€373 | +79.4% |
| Gross operating margin | 9900 | €48,325 | -€1,259 | -€49,584 | |
| Operating profit (loss) | 9901 | €47,855 | -€2,102 | -€49,957 | |
| Financial income | 75/76B | €20,532 | €1,630 | -€18,902 | -92.1% |
| Recurring financial income | 75 | €20,532 | €1,630 | -€18,902 | -92.1% |
| Financial charges | 65/66B | €472 | €417 | -€55 | -11.6% |
| Recurring financial charges | 65 | €472 | €417 | -€55 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | €67,915 | -€889 | -€68,805 | |
| Income taxes | 67/77 | €9,452 | €0 | -€9,452 | -100% |
| Profit (loss) for the period | 9904 | €58,464 | -€889 | -€59,353 | |
| Profit (loss) for the period to be appropriated | 9905 | €58,464 | -€889 | -€59,353 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.