In this paper we are interested in the following fourth order eigenvalue problem coming from the buckling of thin films on liquid substrates: \begin{equation*} \begin{cases} \Delta^2 u+ \kappa^2 u=-\lambda \Delta u & B_1,\newline u=\partial_r u= 0 & \partial B_1, \end{cases} \end{equation*} where is the unit ball in . When is small, we show that the first eigenvalue is simple and the first eigenfunction, which gives the shape of the film for small displacements, is positive. However, when increases, we establish that the first eigenvalue is not always simple and the first eigenfunction may change sign. More precisely, for any , we give the exact multiplicity of the first eigenvalue and the number of nodal regions of the first eigenfunction.

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