G-EagleFly: 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.
G-EagleFly
Largest movements
- Cash +€46,099
up €46,099 (+1928.8%), from €2,390 to €48,489
mainly Debts after one year (+€24,273) and Net result for the year (+€21,717)
- Tangible fixed assets +€30,118
up €30,118 (+302.2%), from €9,965 to €40,083
of which Leasing and similar rights: +€33,442
- Receivables within one year -€21,194
down €21,194 (-76.5%), from €27,722 to €6,528
- Deferred charges and accrued income +€1,002
new in 2025: €1,002
- Debts after one year +€24,273
new in 2025: €24,273
- Reserves +€21,717
up €21,717 (+106.1%), from €20,469 to €42,186
- Tax, wage and social debts +€10,320
up €10,320 (+201.7%), from €5,117 to €15,437
- Trade debts -€9,553
down €9,553 (-79.7%), from €11,991 to €2,438
- Current portion of long-term debt +€8,889
new in 2025: €8,889
- Gross operating margin +€17,250
up €17,250 (+67.4%), from €25,599 to €42,849
- Depreciation +€10,862
up €10,862 (+120688.9%), from €9 to €10,871
- Financial charges +€1,886
up €1,886 (+47150.0%), from €4 to €1,890
- Other operating charges +€1,775
new in 2025: €1,775
- Taxes +€1,587
up €1,587 (+31.0%), from €5,117 to €6,704
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 | €40,077 | €96,102 | +€56,025 | +139.8% |
| Fixed assets | 21/28 | €9,965 | €40,083 | +€30,118 | +302.2% |
| Tangible fixed assets | 22/27 | €9,965 | €40,083 | +€30,118 | +302.2% |
| Furniture and vehicles | 24 | €9,965 | €6,641 | -€3,324 | -33.4% |
| Leasing and similar rights | 25 | - | €33,442 | +€33,442 | |
| Current assets | 29/58 | €30,112 | €56,019 | +€25,907 | +86.0% |
| Amounts receivable within one year | 40/41 | €27,722 | €6,528 | -€21,194 | -76.5% |
| Trade receivables | 40 | €27,722 | €6,528 | -€21,194 | -76.5% |
| Cash at bank and in hand | 54/58 | €2,390 | €48,489 | +€46,099 | +1928.8% |
| Deferred charges and accrued income | 490/1 | - | €1,002 | +€1,002 | |
| Total equity and liabilities | 10/49 | €40,077 | €96,102 | +€56,025 | +139.8% |
| Equity | 10/15 | €22,969 | €44,686 | +€21,717 | +94.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €20,469 | €42,186 | +€21,717 | +106.1% |
| Distributable reserves | 133 | €20,469 | €42,186 | +€21,717 | +106.1% |
| Amounts payable | 17/49 | €17,108 | €51,416 | +€34,308 | +200.5% |
| Amounts payable after more than one year | 17 | - | €24,273 | +€24,273 | |
| Financial debts | 170/4 | - | €24,273 | +€24,273 | |
| Amounts payable within one year | 42/48 | €17,108 | €27,143 | +€10,035 | +58.7% |
| Current portion of amounts payable after more than one year | 42 | - | €8,889 | +€8,889 | |
| Trade debts | 44 | €11,991 | €2,438 | -€9,553 | -79.7% |
| Suppliers | 440/4 | €11,991 | €2,438 | -€9,553 | -79.7% |
| Taxes, remuneration and social security | 45 | €5,117 | €15,437 | +€10,320 | +201.7% |
| Taxes | 450/3 | €5,117 | €15,437 | +€10,320 | +201.7% |
| Other amounts payable | 47/48 | - | €379 | +€379 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9 | €10,871 | +€10,862 | +120688.9% |
| Other operating charges | 640/8 | - | €1,775 | +€1,775 | |
| Gross operating margin | 9900 | €25,599 | €42,849 | +€17,250 | +67.4% |
| Operating profit (loss) | 9901 | €25,590 | €30,203 | +€4,613 | +18.0% |
| Financial income | 75/76B | - | €108 | +€108 | |
| Recurring financial income | 75 | - | €108 | +€108 | |
| Financial charges | 65/66B | €4 | €1,890 | +€1,886 | +47150.0% |
| Recurring financial charges | 65 | €4 | €1,890 | +€1,886 | +47150.0% |
| Profit (loss) for the period before taxes | 9903 | €25,586 | €28,421 | +€2,835 | +11.1% |
| Income taxes | 67/77 | €5,117 | €6,704 | +€1,587 | +31.0% |
| Profit (loss) for the period | 9904 | €20,469 | €21,717 | +€1,248 | +6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,469 | €21,717 | +€1,248 | +6.1% |
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 5 October 2026 via checked.be.