EAGLE EYE: what changed
EAGLE EYE
Largest movements
- Receivables after one year -€25,000
down €25,000 (-100%), from €25,000 to €0
- Cash +€6,446
up €6,446 (+39.7%), from €16,226 to €22,672
mainly Other debts (+€40,372) and Net result for the year (+€29,592)
- Tangible fixed assets -€4,954
down €4,954 (-18.5%), from €26,773 to €21,819
- Receivables within one year -€1,307
down €1,307 (-4.8%), from €27,093 to €25,786
of which Other amounts receivable: -€8,039
- Reserves -€61,198
down €61,198 (-100%), from €61,198 to €0
- Other debts +€40,372
new in 2025: €40,372
- Debts after one year -€6,030
down €6,030 (-28.3%), from €21,272 to €15,242
- Tax, wage and social debts +€4,507
up €4,507 (+75.8%), from €5,943 to €10,450
- Short-term financial debts -€2,729
down €2,729 (-100%), from €2,729 to €0
- Gross operating margin +€13,165
up €13,165 (+40.5%), from €32,506 to €45,670
- Taxes +€4,739
up €4,739 (+86.6%), from €5,470 to €10,210
- Financial income +€3,036
up €3,036 (+1,214,276%), from €0 to €3,036
- Depreciation +€1,807
up €1,807 (+39.0%), from €4,634 to €6,441
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €99,028 | €73,862 | -€25,166 | -25.4% |
| Fixed assets | 21/28 | €26,773 | €21,819 | -€4,954 | -18.5% |
| Tangible fixed assets | 22/27 | €26,773 | €21,819 | -€4,954 | -18.5% |
| Furniture and vehicles | 24 | €26,773 | €21,819 | -€4,954 | -18.5% |
| Current assets | 29/58 | €72,255 | €52,043 | -€20,212 | -28.0% |
| Amounts receivable after more than one year | 29 | €25,000 | €0 | -€25,000 | -100% |
| Trade receivables | 290 | €25,000 | €0 | -€25,000 | -100% |
| Amounts receivable within one year | 40/41 | €27,093 | €25,786 | -€1,307 | -4.8% |
| Trade receivables | 40 | €16,183 | €22,915 | +€6,732 | +41.6% |
| Other amounts receivable | 41 | €10,910 | €2,871 | -€8,039 | -73.7% |
| Cash at bank and in hand | 54/58 | €16,226 | €22,672 | +€6,446 | +39.7% |
| Deferred charges and accrued income | 490/1 | €3,936 | €3,585 | -€351 | -8.9% |
| Total equity and liabilities | 10/49 | €99,028 | €73,862 | -€25,166 | -25.4% |
| Equity | 10/15 | €62,198 | €1,000 | -€61,198 | -98.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €61,198 | €0 | -€61,198 | -100% |
| Distributable reserves | 133 | €61,198 | €0 | -€61,198 | -100% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €36,830 | €72,862 | +€36,033 | +97.8% |
| Amounts payable after more than one year | 17 | €21,272 | €15,242 | -€6,030 | -28.3% |
| Financial debts | 170/4 | €21,272 | €15,242 | -€6,030 | -28.3% |
| Amounts payable within one year | 42/48 | €15,557 | €57,620 | +€42,062 | +270% |
| Current portion of amounts payable after more than one year | 42 | €5,748 | €6,030 | +€282 | +4.9% |
| Financial debts | 43 | €2,729 | €0 | -€2,729 | -100% |
| Credit institutions | 430/8 | €2,729 | €0 | -€2,729 | -100% |
| Trade debts | 44 | €1,137 | €768 | -€370 | -32.5% |
| Suppliers | 440/4 | €1,137 | €768 | -€370 | -32.5% |
| Taxes, remuneration and social security | 45 | €5,943 | €10,450 | +€4,507 | +75.8% |
| Taxes | 450/3 | €5,943 | €10,450 | +€4,507 | +75.8% |
| Other amounts payable | 47/48 | - | €40,372 | +€40,372 | |
| Non-recurring operating income | 76A | €4,897 | €0 | -€4,897 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,634 | €6,441 | +€1,807 | +39.0% |
| Other operating charges | 640/8 | €1,380 | €1,049 | -€330 | -24.0% |
| Gross operating margin | 9900 | €32,506 | €45,670 | +€13,165 | +40.5% |
| Operating profit (loss) | 9901 | €26,492 | €38,180 | +€11,688 | +44.1% |
| Financial income | 75/76B | €0 | €3,036 | +€3,036 | +1,214,276% |
| Recurring financial income | 75 | €0 | €3,036 | +€3,036 | +1,214,276% |
| Financial charges | 65/66B | €1,318 | €1,414 | +€96 | +7.3% |
| Recurring financial charges | 65 | €1,318 | €1,414 | +€96 | +7.3% |
| Profit (loss) for the period before taxes | 9903 | €25,174 | €39,802 | +€14,627 | +58.1% |
| Income taxes | 67/77 | €5,470 | €10,210 | +€4,739 | +86.6% |
| Profit (loss) for the period | 9904 | €19,704 | €29,592 | +€9,888 | +50.2% |
| Profit (loss) for the period to be appropriated | 9905 | €19,704 | €29,592 | +€9,888 | +50.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.