EAGLE TRANS: 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 TRANS
Largest movements
- Tangible fixed assets -€45,907
down €45,907 (-29.9%), from €153,512 to €107,605
of which Furniture and vehicles: -€43,496
- Current investments -€41,909
down €41,909 (-14.6%), from €287,780 to €245,872
- Cash +€11,040
up €11,040 (+41.1%), from €26,831 to €37,870
mainly Depreciation (+€45,907) and Net result for the year (+€43,493)
- Reserves -€63,880
down €63,880 (-16.2%), from €395,110 to €331,230
of which Distributable reserves: -€63,880
- Tax, wage and social debts -€7,550
down €7,550 (-89.6%), from €8,426 to €876
- Gross operating margin -€48,265
down €48,265 (-28.0%), from €172,644 to €124,379
- Taxes -€13,750
down €13,750 (-40.3%), from €34,137 to €20,387
- Depreciation +€5,009
up €5,009 (+12.2%), from €40,898 to €45,907
- Other operating charges +€2,285
up €2,285 (+15.0%), from €15,216 to €17,501
- Financial income +€1,792
up €1,792 (+64.0%), from €2,802 to €4,595
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.
Cash bridge derived
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 | €502,882 | €425,822 | -€77,060 | -15.3% |
| Fixed assets | 21/28 | €153,647 | €107,740 | -€45,907 | -29.9% |
| Tangible fixed assets | 22/27 | €153,512 | €107,605 | -€45,907 | -29.9% |
| Plant, machinery and equipment | 23 | €3,171 | €2,127 | -€1,044 | -32.9% |
| Furniture and vehicles | 24 | €144,372 | €100,876 | -€43,496 | -30.1% |
| Other tangible fixed assets | 26 | €5,970 | €4,602 | -€1,367 | -22.9% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €349,235 | €318,082 | -€31,153 | -8.9% |
| Amounts receivable within one year | 40/41 | €32,348 | €31,808 | -€540 | -1.7% |
| Trade receivables | 40 | €31,755 | €29,717 | -€2,038 | -6.4% |
| Other amounts receivable | 41 | €593 | €2,091 | +€1,498 | +252.6% |
| Current investments | 50/53 | €287,780 | €245,872 | -€41,909 | -14.6% |
| Cash at bank and in hand | 54/58 | €26,831 | €37,870 | +€11,040 | +41.1% |
| Deferred charges and accrued income | 490/1 | €2,277 | €2,532 | +€256 | +11.2% |
| Total equity and liabilities | 10/49 | €502,882 | €425,822 | -€77,060 | -15.3% |
| Equity | 10/15 | €457,120 | €393,247 | -€63,873 | -14.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €395,110 | €331,230 | -€63,880 | -16.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €17,000 | €17,000 | = | 0.0% |
| Distributable reserves | 133 | €371,910 | €308,030 | -€63,880 | -17.2% |
| Profit (loss) carried forward | 14 | €10 | €17 | +€7 | +74.0% |
| Amounts payable | 17/49 | €45,763 | €32,576 | -€13,187 | -28.8% |
| Amounts payable within one year | 42/48 | €42,358 | €31,426 | -€10,932 | -25.8% |
| Trade debts | 44 | €16,626 | €12,102 | -€4,523 | -27.2% |
| Suppliers | 440/4 | €16,626 | €12,102 | -€4,523 | -27.2% |
| Taxes, remuneration and social security | 45 | €8,426 | €876 | -€7,550 | -89.6% |
| Taxes | 450/3 | €8,426 | €876 | -€7,550 | -89.6% |
| Other amounts payable | 47/48 | €17,306 | €18,448 | +€1,142 | +6.6% |
| Accrued charges and deferred income | 492/3 | €3,405 | €1,149 | -€2,255 | -66.2% |
| Non-recurring operating income | 76A | €58,000 | - | -€58,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,898 | €45,907 | +€5,009 | +12.2% |
| Other operating charges | 640/8 | €15,216 | €17,501 | +€2,285 | +15.0% |
| Gross operating margin | 9900 | €172,644 | €124,379 | -€48,265 | -28.0% |
| Operating profit (loss) | 9901 | €116,529 | €60,971 | -€55,558 | -47.7% |
| Financial income | 75/76B | €2,802 | €4,595 | +€1,792 | +64.0% |
| Recurring financial income | 75 | €2,802 | €4,595 | +€1,792 | +64.0% |
| Financial charges | 65/66B | €3,444 | €1,686 | -€1,758 | -51.0% |
| Recurring financial charges | 65 | €3,444 | €1,686 | -€1,758 | -51.0% |
| Profit (loss) for the period before taxes | 9903 | €115,888 | €63,880 | -€52,008 | -44.9% |
| Income taxes | 67/77 | €34,137 | €20,387 | -€13,750 | -40.3% |
| Profit (loss) for the period | 9904 | €81,751 | €43,493 | -€38,258 | -46.8% |
| Profit (loss) for the period to be appropriated | 9905 | €81,751 | €43,493 | -€38,258 | -46.8% |
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 10 October 2026 via checked.be.