EAGLE MANAGEMENT SERVICES: 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.
EAGLE MANAGEMENT SERVICES
Largest movements
- Cash +€55,675
up €55,675 (+68.1%), from €81,793 to €137,468
mainly Depreciation (+€34,319) and Receivables within one year (+€27,775)
- Tangible fixed assets -€29,568
down €29,568 (-28.1%), from €105,329 to €75,761
of which Furniture and vehicles: -€30,824
- Receivables within one year -€27,775
down €27,775 (-35.8%), from €77,505 to €49,730
of which Trade receivables: -€29,643
- Debts after one year -€17,139
down €17,139 (-44.2%), from €38,791 to €21,652
- Reserves +€14,652
up €14,652 (+9.0%), from €162,527 to €177,179
- Trade debts +€10,049
up €10,049 (+272.8%), from €3,684 to €13,733
- Tax, wage and social debts -€7,952
down €7,952 (-17.8%), from €44,564 to €36,612
of which Taxes: -€7,889
- Gross operating margin +€12,800
up €12,800 (+7.3%), from €175,991 to €188,791
- Taxes +€6,294
up €6,294 (+58.1%), from €10,837 to €17,131
- Staff costs -€5,020
down €5,020 (-4.4%), from €112,994 to €107,974
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €268,745 | €266,470 | -€2,275 | -0.8% |
| Fixed assets | 21/28 | €105,329 | €75,761 | -€29,568 | -28.1% |
| Tangible fixed assets | 22/27 | €105,329 | €75,761 | -€29,568 | -28.1% |
| Plant, machinery and equipment | 23 | €1,964 | €4,319 | +€2,355 | +119.9% |
| Furniture and vehicles | 24 | €90,723 | €59,899 | -€30,824 | -34.0% |
| Other tangible fixed assets | 26 | €12,642 | €11,543 | -€1,099 | -8.7% |
| Current assets | 29/58 | €163,416 | €190,709 | +€27,293 | +16.7% |
| Amounts receivable within one year | 40/41 | €77,505 | €49,730 | -€27,775 | -35.8% |
| Trade receivables | 40 | €60,290 | €30,647 | -€29,643 | -49.2% |
| Other amounts receivable | 41 | €17,215 | €19,083 | +€1,868 | +10.8% |
| Cash at bank and in hand | 54/58 | €81,793 | €137,468 | +€55,675 | +68.1% |
| Deferred charges and accrued income | 490/1 | €4,118 | €3,511 | -€607 | -14.7% |
| Total equity and liabilities | 10/49 | €268,745 | €266,470 | -€2,275 | -0.8% |
| Equity | 10/15 | €162,527 | €177,179 | +€14,652 | +9.0% |
| Reserves | 13 | €162,527 | €177,179 | +€14,652 | +9.0% |
| Distributable reserves | 133 | €162,527 | €177,179 | +€14,652 | +9.0% |
| Amounts payable | 17/49 | €106,218 | €89,291 | -€16,927 | -15.9% |
| Amounts payable after more than one year | 17 | €38,791 | €21,652 | -€17,139 | -44.2% |
| Financial debts | 170/4 | €38,791 | €21,652 | -€17,139 | -44.2% |
| Amounts payable within one year | 42/48 | €67,427 | €67,483 | +€56 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €19,179 | €17,138 | -€2,041 | -10.6% |
| Trade debts | 44 | €3,684 | €13,733 | +€10,049 | +272.8% |
| Suppliers | 440/4 | €3,684 | €13,733 | +€10,049 | +272.8% |
| Taxes, remuneration and social security | 45 | €44,564 | €36,612 | -€7,952 | -17.8% |
| Taxes | 450/3 | €31,054 | €23,165 | -€7,889 | -25.4% |
| Remuneration and social security | 454/9 | €13,510 | €13,447 | -€63 | -0.5% |
| Accrued charges and deferred income | 492/3 | - | €156 | +€156 | |
| Remuneration, social security and pensions | 62 | €112,994 | €107,974 | -€5,020 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,159 | €34,319 | +€160 | +0.5% |
| Other operating charges | 640/8 | €1,612 | €1,855 | +€243 | +15.1% |
| Gross operating margin | 9900 | €175,991 | €188,791 | +€12,800 | +7.3% |
| Operating profit (loss) | 9901 | €27,226 | €44,643 | +€17,417 | +64.0% |
| Financial income | 75/76B | €725 | €1,100 | +€375 | +51.7% |
| Recurring financial income | 75 | €725 | €1,100 | +€375 | +51.7% |
| Financial charges | 65/66B | €2,538 | €1,961 | -€577 | -22.7% |
| Recurring financial charges | 65 | €2,538 | €1,961 | -€577 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €25,413 | €43,782 | +€18,369 | +72.3% |
| Income taxes | 67/77 | €10,837 | €17,131 | +€6,294 | +58.1% |
| Profit (loss) for the period | 9904 | €14,576 | €26,651 | +€12,075 | +82.8% |
| Profit (loss) for the period to be appropriated | 9905 | €14,576 | €26,651 | +€12,075 | +82.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.