EagleWorks: 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.
EagleWorks
Largest movements
- Cash +€6,657
up €6,657 (+35.9%), from €18,521 to €25,178
mainly Trade debts (+€7,450) and Depreciation (+€7,330)
- Receivables within one year +€6,133
up €6,133 (+594.6%), from €1,032 to €7,165
of which Trade receivables: +€5,750
- Tangible fixed assets -€4,327
down €4,327 (-24.3%), from €17,836 to €13,509
of which Furniture and vehicles: -€4,524
- Deferred charges and accrued income -€2,398
down €2,398 (-65.0%), from €3,692 to €1,294
- Stocks and contracts -€1,635
down €1,635 (-68.7%), from €2,378 to €744
- Trade debts +€7,450
up €7,450 (+260.7%), from €2,857 to €10,307
- Accrued charges and deferred income +€4,584
up €4,584 (+69.1%), from €6,634 to €11,218
- Current portion of long-term debt -€4,399
down €4,399 (-100.0%), from €4,399 to €0
- Reserves -€3,897
down €3,897 (-19.9%), from €19,616 to €15,719
- Gross operating margin -€12,229
down €12,229 (-72.1%), from €16,971 to €4,742
- Taxes -€456
down €456 (-100.0%), from €456 to €0
- Financial charges +€364
up €364 (+57.9%), from €628 to €992
- Depreciation +€194
up €194 (+2.7%), from €7,136 to €7,330
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 | €43,741 | €47,971 | +€4,230 | +9.7% |
| Fixed assets | 21/28 | €18,119 | €13,591 | -€4,527 | -25.0% |
| Intangible fixed assets | 21 | €282 | €82 | -€200 | -70.9% |
| Tangible fixed assets | 22/27 | €17,836 | €13,509 | -€4,327 | -24.3% |
| Plant, machinery and equipment | 23 | €3,921 | €4,117 | +€196 | +5.0% |
| Furniture and vehicles | 24 | €13,915 | €9,392 | -€4,524 | -32.5% |
| Current assets | 29/58 | €25,622 | €34,380 | +€8,757 | +34.2% |
| Stocks and contracts in progress | 3 | €2,378 | €744 | -€1,635 | -68.7% |
| Stocks | 30/36 | €2,378 | €744 | -€1,635 | -68.7% |
| Amounts receivable within one year | 40/41 | €1,032 | €7,165 | +€6,133 | +594.6% |
| Trade receivables | 40 | €270 | €6,019 | +€5,750 | +2132.7% |
| Other amounts receivable | 41 | €762 | €1,145 | +€383 | +50.3% |
| Cash at bank and in hand | 54/58 | €18,521 | €25,178 | +€6,657 | +35.9% |
| Deferred charges and accrued income | 490/1 | €3,692 | €1,294 | -€2,398 | -65.0% |
| Total equity and liabilities | 10/49 | €43,741 | €47,971 | +€4,230 | +9.7% |
| Equity | 10/15 | €27,116 | €23,219 | -€3,897 | -14.4% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €19,616 | €15,719 | -€3,897 | -19.9% |
| Distributable reserves | 133 | €19,616 | €15,719 | -€3,897 | -19.9% |
| Amounts payable | 17/49 | €16,625 | €24,751 | +€8,127 | +48.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €9,991 | €13,534 | +€3,543 | +35.5% |
| Current portion of amounts payable after more than one year | 42 | €4,399 | €0 | -€4,399 | -100.0% |
| Trade debts | 44 | €2,857 | €10,307 | +€7,450 | +260.7% |
| Suppliers | 440/4 | €2,857 | €10,307 | +€7,450 | +260.7% |
| Taxes, remuneration and social security | 45 | €504 | €622 | +€118 | +23.4% |
| Taxes | 450/3 | €504 | €622 | +€118 | +23.4% |
| Other amounts payable | 47/48 | €2,230 | €2,604 | +€374 | +16.8% |
| Accrued charges and deferred income | 492/3 | €6,634 | €11,218 | +€4,584 | +69.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,136 | €7,330 | +€194 | +2.7% |
| Other operating charges | 640/8 | €366 | €349 | -€17 | -4.7% |
| Gross operating margin | 9900 | €16,971 | €4,742 | -€12,229 | -72.1% |
| Operating profit (loss) | 9901 | €9,469 | -€2,936 | -€12,405 | |
| Financial income | 75/76B | €66 | €32 | -€34 | -51.8% |
| Recurring financial income | 75 | €66 | €32 | -€34 | -51.8% |
| Financial charges | 65/66B | €628 | €992 | +€364 | +57.9% |
| Recurring financial charges | 65 | €628 | €992 | +€364 | +57.9% |
| Profit (loss) for the period before taxes | 9903 | €8,907 | -€3,897 | -€12,804 | |
| Income taxes | 67/77 | €456 | €0 | -€456 | -100.0% |
| Profit (loss) for the period | 9904 | €8,451 | -€3,897 | -€12,348 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,451 | -€3,897 | -€12,348 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.