Eagle Eye: 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 Eye
Largest movements
- Receivables within one year -€21,227
down €21,227 (-57.9%), from €36,643 to €15,416
of which Trade receivables: -€18,464
- Tangible fixed assets -€18,253
down €18,253 (-15.9%), from €115,140 to €96,887
of which Furniture and vehicles: -€12,708
- Cash -€2,847
down €2,847 (-53.3%), from €5,338 to €2,492
mainly Trade debts (-€36,099) and Debts after one year (-€17,284)
- Trade debts -€36,099
down €36,099 (-95.4%), from €37,859 to €1,760
- Debts after one year -€17,284
down €17,284 (-31.8%), from €54,328 to €37,044
- Other debts +€16,213
up €16,213 (+75.2%), from €21,548 to €37,761
- Tax, wage and social debts -€5,466
down €5,466 (-48.2%), from €11,346 to €5,879
of which Remuneration and social security: -€9,363
- Gross operating margin +€17,240
up €17,240 (+158%), from €10,902 to €28,142
- Depreciation +€3,220
up €3,220 (+15.4%), from €20,880 to €24,100
- Financial charges -€615
down €615 (-21.2%), from €2,904 to €2,289
- Other operating charges -€353
down €353 (-27.0%), from €1,310 to €957
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €157,722 | €116,298 | -€41,424 | -26.3% |
| Fixed assets | 21/28 | €115,140 | €96,887 | -€18,253 | -15.9% |
| Tangible fixed assets | 22/27 | €115,140 | €96,887 | -€18,253 | -15.9% |
| Land and buildings | 22 | €60,660 | €53,179 | -€7,481 | -12.3% |
| Plant, machinery and equipment | 23 | €1,164 | €3,100 | +€1,936 | +166% |
| Furniture and vehicles | 24 | €53,316 | €40,608 | -€12,708 | -23.8% |
| Current assets | 29/58 | €42,582 | €19,411 | -€23,171 | -54.4% |
| Amounts receivable within one year | 40/41 | €36,643 | €15,416 | -€21,227 | -57.9% |
| Trade receivables | 40 | €33,880 | €15,416 | -€18,464 | -54.5% |
| Other amounts receivable | 41 | €2,763 | €0 | -€2,763 | -100% |
| Cash at bank and in hand | 54/58 | €5,338 | €2,492 | -€2,847 | -53.3% |
| Deferred charges and accrued income | 490/1 | €600 | €1,503 | +€903 | +150% |
| Total equity and liabilities | 10/49 | €157,722 | €116,298 | -€41,424 | -26.3% |
| Equity | 10/15 | €15,456 | €16,009 | +€554 | +3.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €21,727 | €21,727 | = | 0.0% |
| Distributable reserves | 133 | €21,727 | €21,727 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,472 | -€11,918 | +€554 | +4.4% |
| Amounts payable | 17/49 | €142,266 | €100,288 | -€41,978 | -29.5% |
| Amounts payable after more than one year | 17 | €54,328 | €37,044 | -€17,284 | -31.8% |
| Financial debts | 170/4 | €54,328 | €37,044 | -€17,284 | -31.8% |
| Amounts payable within one year | 42/48 | €87,551 | €62,858 | -€24,694 | -28.2% |
| Current portion of amounts payable after more than one year | 42 | €16,701 | €17,284 | +€583 | +3.5% |
| Financial debts | 43 | €97 | €173 | +€76 | +78.2% |
| Credit institutions | 430/8 | €97 | €173 | +€76 | +78.2% |
| Trade debts | 44 | €37,859 | €1,760 | -€36,099 | -95.4% |
| Suppliers | 440/4 | €37,859 | €1,760 | -€36,099 | -95.4% |
| Taxes, remuneration and social security | 45 | €11,346 | €5,879 | -€5,466 | -48.2% |
| Taxes | 450/3 | €1,982 | €5,879 | +€3,897 | +197% |
| Remuneration and social security | 454/9 | €9,363 | €0 | -€9,363 | -100% |
| Other amounts payable | 47/48 | €21,548 | €37,761 | +€16,213 | +75.2% |
| Accrued charges and deferred income | 492/3 | €387 | €387 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €250 | +€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,880 | €24,100 | +€3,220 | +15.4% |
| Other operating charges | 640/8 | €1,310 | €957 | -€353 | -27.0% |
| Gross operating margin | 9900 | €10,902 | €28,142 | +€17,240 | +158% |
| Operating profit (loss) | 9901 | -€11,288 | €2,835 | +€14,123 | |
| Financial income | 75/76B | €256 | €8 | -€248 | -97.1% |
| Recurring financial income | 75 | €256 | €8 | -€248 | -97.1% |
| Financial charges | 65/66B | €2,904 | €2,289 | -€615 | -21.2% |
| Recurring financial charges | 65 | €2,904 | €2,289 | -€615 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | -€13,936 | €554 | +€14,490 | |
| Income taxes | 67/77 | €203 | €0 | -€203 | -100% |
| Profit (loss) for the period | 9904 | -€14,139 | €554 | +€14,693 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,139 | €554 | +€14,693 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.