EAGLEFLOW: 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.
EAGLEFLOW
Largest movements
- Current investments +€20,500
up €20,500 (+128%), from €16,034 to €36,534
- Receivables within one year -€14,667
down €14,667 (-35.8%), from €41,022 to €26,355
of which Trade receivables: -€16,999
- Tangible fixed assets -€11,457
down €11,457 (-34.8%), from €32,900 to €21,443
of which Furniture and vehicles: -€8,451
- Cash +€11,083
up €11,083 (+28.8%), from €38,527 to €49,610
mainly Net result for the year (+€73,442) and Other debts (+€56,550)
- Reserves -€57,059
down €57,059 (-96.8%), from €58,919 to €1,860
of which Distributable reserves: -€57,059
- Other debts +€56,550
up €56,550 (+257%), from €21,997 to €78,547
- Tax, wage and social debts +€18,124
up €18,124 (+124%), from €14,614 to €32,738
of which Taxes: +€19,876
- Trade debts -€12,118
down €12,118 (-79.5%), from €15,252 to €3,134
- Gross operating margin +€18,250
up €18,250 (+20.4%), from €89,339 to €107,589
- Taxes +€1,744
up €1,744 (+9.7%), from €17,952 to €19,696
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.
Derived cash bridge
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 | €129,382 | €134,879 | +€5,497 | +4.2% |
| Fixed assets | 21/28 | €32,900 | €21,443 | -€11,457 | -34.8% |
| Tangible fixed assets | 22/27 | €32,900 | €21,443 | -€11,457 | -34.8% |
| Furniture and vehicles | 24 | €23,698 | €15,247 | -€8,451 | -35.7% |
| Other tangible fixed assets | 26 | €9,202 | €6,196 | -€3,006 | -32.7% |
| Current assets | 29/58 | €96,482 | €113,436 | +€16,954 | +17.6% |
| Amounts receivable within one year | 40/41 | €41,022 | €26,355 | -€14,667 | -35.8% |
| Trade receivables | 40 | €38,149 | €21,150 | -€16,999 | -44.6% |
| Other amounts receivable | 41 | €2,873 | €5,205 | +€2,332 | +81.2% |
| Current investments | 50/53 | €16,034 | €36,534 | +€20,500 | +128% |
| Cash at bank and in hand | 54/58 | €38,527 | €49,610 | +€11,083 | +28.8% |
| Deferred charges and accrued income | 490/1 | €899 | €937 | +€38 | +4.2% |
| Total equity and liabilities | 10/49 | €129,382 | €134,879 | +€5,497 | +4.2% |
| Equity | 10/15 | €77,519 | €20,460 | -€57,059 | -73.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €58,919 | €1,860 | -€57,059 | -96.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €57,059 | - | -€57,059 | |
| Amounts payable | 17/49 | €51,863 | €114,419 | +€62,556 | +121% |
| Amounts payable within one year | 42/48 | €51,863 | €114,419 | +€62,556 | +121% |
| Trade debts | 44 | €15,252 | €3,134 | -€12,118 | -79.5% |
| Suppliers | 440/4 | €15,252 | €3,134 | -€12,118 | -79.5% |
| Taxes, remuneration and social security | 45 | €14,614 | €32,738 | +€18,124 | +124% |
| Taxes | 450/3 | €8,851 | €28,727 | +€19,876 | +225% |
| Remuneration and social security | 454/9 | €5,763 | €4,011 | -€1,752 | -30.4% |
| Other amounts payable | 47/48 | €21,997 | €78,547 | +€56,550 | +257% |
| Non-recurring operating income | 76A | €458 | - | -€458 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,450 | €13,867 | +€417 | +3.1% |
| Other operating charges | 640/8 | €465 | €618 | +€153 | +32.9% |
| Gross operating margin | 9900 | €89,339 | €107,589 | +€18,250 | +20.4% |
| Operating profit (loss) | 9901 | €75,424 | €93,104 | +€17,680 | +23.4% |
| Financial income | 75/76B | - | €197 | +€197 | |
| Recurring financial income | 75 | - | €197 | +€197 | |
| Financial charges | 65/66B | €413 | €163 | -€250 | -60.5% |
| Recurring financial charges | 65 | €413 | €163 | -€250 | -60.5% |
| Profit (loss) for the period before taxes | 9903 | €75,011 | €93,138 | +€18,127 | +24.2% |
| Income taxes | 67/77 | €17,952 | €19,696 | +€1,744 | +9.7% |
| Profit (loss) for the period | 9904 | €57,059 | €73,442 | +€16,383 | +28.7% |
| Profit (loss) for the period to be appropriated | 9905 | €57,059 | €73,442 | +€16,383 | +28.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.