eagleye: 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.
eagleye
Largest movements
- Cash +€7,823
up €7,823 (+42.0%), from €18,641 to €26,464
mainly Trade debts (+€19,025) and Net result for the year (+€7,791)
- Receivables within one year +€5,656
up €5,656 (+10.7%), from €52,883 to €58,539
of which Other amounts receivable: +€11,464
- Formation expenses +€1,800
new in 2025: €1,800
- Financial fixed assets -€1,800
down €1,800 (-100.0%), from €1,800 to €0
- Trade debts +€19,025
up €19,025 (+703.8%), from €2,703 to €21,728
- Profit (loss) carried forward +€7,791
up €7,791 (+103.5%), from €7,524 to €15,315
- Other debts -€7,648
down €7,648 (-22.5%), from €34,000 to €26,352
- Tax, wage and social debts -€5,689
down €5,689 (-62.3%), from €9,138 to €3,449
- Gross operating margin -€59,909
down €59,909 (-65.7%), from €91,247 to €31,338
- Taxes -€18,858
down €18,858 (-46.6%), from €40,458 to €21,600
- Depreciation -€1,736
down €1,736 (-100.0%), from €1,736 to €0
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 | €73,770 | €87,249 | +€13,479 | +18.3% |
| Formation expenses | 20 | - | €1,800 | +€1,800 | |
| Fixed assets | 21/28 | €1,800 | €0 | -€1,800 | -100.0% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €1,800 | €0 | -€1,800 | -100.0% |
| Current assets | 29/58 | €71,970 | €85,449 | +€13,479 | +18.7% |
| Stocks and contracts in progress | 3 | €446 | €446 | = | 0.0% |
| Stocks | 30/36 | €446 | €446 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €52,883 | €58,539 | +€5,656 | +10.7% |
| Trade receivables | 40 | €12,872 | €7,064 | -€5,808 | -45.1% |
| Other amounts receivable | 41 | €40,011 | €51,475 | +€11,464 | +28.7% |
| Cash at bank and in hand | 54/58 | €18,641 | €26,464 | +€7,823 | +42.0% |
| Total equity and liabilities | 10/49 | €73,770 | €87,249 | +€13,479 | +18.3% |
| Equity | 10/15 | €27,929 | €35,720 | +€7,791 | +27.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Capital | 10 | €18,550 | €18,550 | = | 0.0% |
| Issued capital | 100 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Legal reserve | 130 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,524 | €15,315 | +€7,791 | +103.5% |
| Amounts payable | 17/49 | €45,841 | €51,529 | +€5,688 | +12.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €45,841 | €51,529 | +€5,688 | +12.4% |
| Trade debts | 44 | €2,703 | €21,728 | +€19,025 | +703.8% |
| Suppliers | 440/4 | €2,703 | €21,728 | +€19,025 | +703.8% |
| Taxes, remuneration and social security | 45 | €9,138 | €3,449 | -€5,689 | -62.3% |
| Taxes | 450/3 | €9,138 | €3,449 | -€5,689 | -62.3% |
| Other amounts payable | 47/48 | €34,000 | €26,352 | -€7,648 | -22.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,736 | €0 | -€1,736 | -100.0% |
| Other operating charges | 640/8 | €1,207 | €1,342 | +€135 | +11.2% |
| Gross operating margin | 9900 | €91,247 | €31,338 | -€59,909 | -65.7% |
| Operating profit (loss) | 9901 | €88,304 | €29,996 | -€58,308 | -66.0% |
| Financial charges | 65/66B | €322 | €605 | +€283 | +87.9% |
| Recurring financial charges | 65 | €322 | €605 | +€283 | +87.9% |
| Profit (loss) for the period before taxes | 9903 | €87,982 | €29,391 | -€58,591 | -66.6% |
| Income taxes | 67/77 | €40,458 | €21,600 | -€18,858 | -46.6% |
| Profit (loss) for the period | 9904 | €47,524 | €7,791 | -€39,733 | -83.6% |
| Profit (loss) for the period to be appropriated | 9905 | €47,524 | €7,791 | -€39,733 | -83.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.