GOLDEN EAGLE TRANSPORT: 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.
GOLDEN EAGLE TRANSPORT
Largest movements
- Cash -€9,425
down €9,425 (-66.5%), from €14,171 to €4,746
mainly Investment in fixed assets (net) (-€12,810) and Receivables within one year (-€5,646)
- Tangible fixed assets +€7,681
up €7,681 (+94.7%), from €8,109 to €15,789
- Receivables within one year +€5,646
up €5,646 (+145%), from €3,894 to €9,540
of which Trade receivables: +€5,781
- Tax, wage and social debts +€2,485
new in 2025: €2,485
- Profit (loss) carried forward +€2,171
up €2,171 (+17.7%), from €12,253 to €14,424
- Trade debts -€754
down €754 (-39.0%), from €1,931 to €1,177
- Gross operating margin -€5,974
down €5,974 (-38.7%), from €15,419 to €9,445
- Depreciation +€2,990
up €2,990 (+140%), from €2,139 to €5,129
- Other operating charges +€1,031
up €1,031 (+105%), from €983 to €2,014
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.
Derived cash bridge
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 | €26,174 | €30,076 | +€3,902 | +14.9% |
| Fixed assets | 21/28 | €8,109 | €15,789 | +€7,681 | +94.7% |
| Tangible fixed assets | 22/27 | €8,109 | €15,789 | +€7,681 | +94.7% |
| Furniture and vehicles | 24 | €8,109 | €15,789 | +€7,681 | +94.7% |
| Current assets | 29/58 | €18,065 | €14,286 | -€3,779 | -20.9% |
| Amounts receivable within one year | 40/41 | €3,894 | €9,540 | +€5,646 | +145% |
| Trade receivables | 40 | €1,890 | €7,671 | +€5,781 | +306% |
| Other amounts receivable | 41 | €2,004 | €1,869 | -€135 | -6.7% |
| Cash at bank and in hand | 54/58 | €14,171 | €4,746 | -€9,425 | -66.5% |
| Total equity and liabilities | 10/49 | €26,174 | €30,076 | +€3,902 | +14.9% |
| Equity | 10/15 | €24,243 | €26,414 | +€2,171 | +9.0% |
| Contributions | 10/11 | €11,990 | €11,990 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,253 | €14,424 | +€2,171 | +17.7% |
| Amounts payable | 17/49 | €1,931 | €3,662 | +€1,731 | +89.7% |
| Amounts payable within one year | 42/48 | €1,931 | €3,662 | +€1,731 | +89.7% |
| Trade debts | 44 | €1,931 | €1,177 | -€754 | -39.0% |
| Suppliers | 440/4 | €1,931 | €1,177 | -€754 | -39.0% |
| Taxes, remuneration and social security | 45 | - | €2,485 | +€2,485 | |
| Taxes | 450/3 | - | €2,485 | +€2,485 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,139 | €5,129 | +€2,990 | +140% |
| Other operating charges | 640/8 | €983 | €2,014 | +€1,031 | +105% |
| Gross operating margin | 9900 | €15,419 | €9,445 | -€5,974 | -38.7% |
| Operating profit (loss) | 9901 | €12,296 | €2,302 | -€9,995 | -81.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €44 | €131 | +€87 | +201% |
| Recurring financial charges | 65 | €44 | €131 | +€87 | +201% |
| Profit (loss) for the period before taxes | 9903 | €12,253 | €2,171 | -€10,082 | -82.3% |
| Profit (loss) for the period | 9904 | €12,253 | €2,171 | -€10,082 | -82.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,253 | €2,171 | -€10,082 | -82.3% |
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 31 October 2026 via checked.be.