EAGLE ADVISORY: 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 ADVISORY
Largest movements
- Cash +€15,555
up €15,555 (+11.8%), from €132,318 to €147,873
mainly Other debts (+€135,059) and Net result for the year (+€107,648)
- Receivables within one year +€15,105
up €15,105 (+403%), from €3,744 to €18,849
of which Trade receivables: +€18,000
- Tangible fixed assets +€9,755
new in 2025: €9,755
- Current investments +€9,333
up €9,333 (+23.6%), from €39,504 to €48,837
- Other debts +€135,059
up €135,059 (+201%), from €67,230 to €202,290
- Reserves -€131,000
down €131,000 (-100%), from €131,000 to €0
of which Distributable reserves: -€131,000
- Profit (loss) carried forward +€47,648
up €47,648, from -€47,269 to €379
- Gross operating margin +€172,179
up €172,179, from -€49,431 to €122,748
- Taxes +€15,569
up €15,569 (+1,706%), from €913 to €16,482
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 | €176,463 | €228,257 | +€51,794 | +29.4% |
| Fixed assets | 21/28 | €150 | €9,905 | +€9,755 | +6,503% |
| Tangible fixed assets | 22/27 | - | €9,755 | +€9,755 | |
| Other tangible fixed assets | 26 | - | €9,755 | +€9,755 | |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €176,313 | €218,353 | +€42,040 | +23.8% |
| Amounts receivable within one year | 40/41 | €3,744 | €18,849 | +€15,105 | +403% |
| Trade receivables | 40 | €0 | €18,000 | +€18,000 | |
| Other amounts receivable | 41 | €3,744 | €849 | -€2,895 | -77.3% |
| Current investments | 50/53 | €39,504 | €48,837 | +€9,333 | +23.6% |
| Cash at bank and in hand | 54/58 | €132,318 | €147,873 | +€15,555 | +11.8% |
| Deferred charges and accrued income | 490/1 | €747 | €2,794 | +€2,047 | +274% |
| Total equity and liabilities | 10/49 | €176,463 | €228,257 | +€51,794 | +29.4% |
| Equity | 10/15 | €104,191 | €20,839 | -€83,352 | -80.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €131,000 | €0 | -€131,000 | -100% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €131,000 | €0 | -€131,000 | -100% |
| Profit (loss) carried forward | 14 | -€47,269 | €379 | +€47,648 | |
| Amounts payable | 17/49 | €72,272 | €207,419 | +€135,146 | +187% |
| Amounts payable within one year | 42/48 | €72,272 | €207,419 | +€135,146 | +187% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €7 | €314 | +€307 | +4,372% |
| Suppliers | 440/4 | €7 | €314 | +€307 | +4,372% |
| Taxes, remuneration and social security | 45 | €5,035 | €4,815 | -€220 | -4.4% |
| Taxes | 450/3 | €5,035 | €4,815 | -€220 | -4.4% |
| Other amounts payable | 47/48 | €67,230 | €202,290 | +€135,059 | +201% |
| Remuneration, social security and pensions | 62 | €250 | €0 | -€250 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €135 | +€135 | |
| Other operating charges | 640/8 | €717 | €735 | +€18 | +2.6% |
| Gross operating margin | 9900 | -€49,431 | €122,748 | +€172,179 | |
| Operating profit (loss) | 9901 | -€50,398 | €121,877 | +€172,275 | |
| Financial income | 75/76B | €3,293 | €2,378 | -€915 | -27.8% |
| Recurring financial income | 75 | €3,293 | €2,378 | -€915 | -27.8% |
| Financial charges | 65/66B | €147 | €125 | -€21 | -14.5% |
| Recurring financial charges | 65 | €147 | €125 | -€21 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | -€47,252 | €124,130 | +€171,382 | |
| Income taxes | 67/77 | €913 | €16,482 | +€15,569 | +1,706% |
| Profit (loss) for the period | 9904 | -€48,165 | €107,648 | +€155,813 | |
| Profit (loss) for the period to be appropriated | 9905 | -€48,165 | €107,648 | +€155,813 |
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 18 October 2026 via checked.be.