P&L EAGLE: 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.
P&L EAGLE
Largest movements
- Tangible fixed assets +€70,177
up €70,177 (+39220.1%), from €179 to €70,355
of which Furniture and vehicles: +€68,544
- Cash -€7,847
down €7,847 (-11.0%), from €71,338 to €63,491
mainly Investment in fixed assets (net) (-€81,249) and Receivables within one year (-€1,854)
- Receivables within one year +€1,854
up €1,854 (+5.1%), from €36,620 to €38,474
of which Trade receivables: +€1,147
- Debts after one year +€23,941
new in 2025: €23,941
- Other debts +€18,401
up €18,401 (+57.9%), from €31,807 to €50,208
- Profit (loss) carried forward +€11,051
up €11,051 (+15.5%), from €71,270 to €82,321
- Current portion of long-term debt +€9,736
new in 2025: €9,736
- Gross operating margin -€20,744
down €20,744 (-37.0%), from €56,123 to €35,380
- Depreciation +€8,078
up €8,078 (+269.8%), from €2,994 to €11,072
- Taxes -€5,229
down €5,229 (-36.8%), from €14,225 to €8,996
- Other operating charges +€2,460
up €2,460 (+388.3%), from €634 to €3,094
- Financial charges +€1,016
up €1,016 (+673.1%), from €151 to €1,167
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 | €110,861 | €174,798 | +€63,937 | +57.7% |
| Fixed assets | 21/28 | €179 | €70,355 | +€70,177 | +39220.1% |
| Tangible fixed assets | 22/27 | €179 | €70,355 | +€70,177 | +39220.1% |
| Land and buildings | 22 | - | €1,632 | +€1,632 | |
| Furniture and vehicles | 24 | €179 | €68,723 | +€68,544 | +38307.9% |
| Current assets | 29/58 | €110,682 | €104,443 | -€6,240 | -5.6% |
| Amounts receivable within one year | 40/41 | €36,620 | €38,474 | +€1,854 | +5.1% |
| Trade receivables | 40 | €32,086 | €33,233 | +€1,147 | +3.6% |
| Other amounts receivable | 41 | €4,534 | €5,240 | +€707 | +15.6% |
| Cash at bank and in hand | 54/58 | €71,338 | €63,491 | -€7,847 | -11.0% |
| Deferred charges and accrued income | 490/1 | €2,724 | €2,478 | -€247 | -9.1% |
| Total equity and liabilities | 10/49 | €110,861 | €174,798 | +€63,937 | +57.7% |
| Equity | 10/15 | €76,270 | €87,321 | +€11,051 | +14.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,270 | €82,321 | +€11,051 | +15.5% |
| Amounts payable | 17/49 | €34,591 | €87,477 | +€52,886 | +152.9% |
| Amounts payable after more than one year | 17 | - | €23,941 | +€23,941 | |
| Financial debts | 170/4 | - | €23,941 | +€23,941 | |
| Amounts payable within one year | 42/48 | €34,591 | €63,536 | +€28,945 | +83.7% |
| Current portion of amounts payable after more than one year | 42 | - | €9,736 | +€9,736 | |
| Trade debts | 44 | €2,543 | €3,592 | +€1,050 | +41.3% |
| Suppliers | 440/4 | €2,543 | €3,592 | +€1,050 | +41.3% |
| Taxes, remuneration and social security | 45 | €242 | €0 | -€242 | -100.0% |
| Taxes | 450/3 | €242 | €0 | -€242 | -100.0% |
| Other amounts payable | 47/48 | €31,807 | €50,208 | +€18,401 | +57.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,994 | €11,072 | +€8,078 | +269.8% |
| Other operating charges | 640/8 | €634 | €3,094 | +€2,460 | +388.3% |
| Gross operating margin | 9900 | €56,123 | €35,380 | -€20,744 | -37.0% |
| Operating profit (loss) | 9901 | €52,496 | €21,214 | -€31,282 | -59.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €151 | €1,167 | +€1,016 | +673.1% |
| Recurring financial charges | 65 | €151 | €1,167 | +€1,016 | +673.1% |
| Profit (loss) for the period before taxes | 9903 | €52,345 | €20,047 | -€32,298 | -61.7% |
| Income taxes | 67/77 | €14,225 | €8,996 | -€5,229 | -36.8% |
| Profit (loss) for the period | 9904 | €38,120 | €11,051 | -€27,069 | -71.0% |
| Profit (loss) for the period to be appropriated | 9905 | €38,120 | €11,051 | -€27,069 | -71.0% |
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 9 October 2026 via checked.be.