BEAVER CORPORATION
ActiveBEAVER CORPORATION has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15.69M and a net result of €255k. Equity is growing by ~16.5% per year across the filed fiscal years. Its solvency ranks better than 64% of 3184 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-3
Solvency94▲+18
Growth77▲+6
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €320k at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.49 in 2024; short-term debt: 10.7% and cash: 0.3% of total assets), and 30.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
69.4%
Return on assets
1.1%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 03-02-2026, 3 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
3 d late
2024
217 d late
2023
27 d late
2022
2 d late
2021
24 d late
2020
23 d late
2019
28 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€3.30M▲ 42.0%
2024 · €2.32M
2019: €1.61M
2020: €1.88M
2021: €2.40M
2022: €2.42M
2023: €2.43M
2024: €2.32M
2019 → 2025
EBIT margin
11.4%▲ 19.8pp
2024 · -8.5%
2019: 23.3%
2020: 17.5%
2021: 17.4%
2022: 14.4%
2023: 13.1%
2024: -8.5%
2019 → 2025
Net result
€255k▼ 93.0%
2024 · €3.63M
2019: €127k
2020: €34k
2021: €77k
2022: €68k
2023: €78k
2024: €3.63M
2019 → 2025
Working capital
€838k▼ 39.9%
2024 · €1.40M
2019: €-2.80M
2020: €-3.08M
2021: €-3.95M
2022: €-4.27M
2023: €-3.16M
2024: €1.40M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€2.40M-€2.42M▲ 1.2%€2.43M▲ 0.3%€2.32M▼ 4.4%€3.30M▲ 42.0%
Equity€4.71M-€4.99M▲ 5.9%€5.07M▲ 1.6%€8.73M▲ 72.1%€15.69M▲ 79.7%
Operating result€417k-€348k▼ 16.6%€318k▼ 8.5%€-197k€375k
Net result€77k-€68k▼ 12.0%€78k▲ 15.7%€3.63M▲ 4,521%€255k▼ 93.0%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €375k after a loss of €197k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €22.60M
Fixed assets
€19.35M▲ 48.8%
Current assets
€3.25M▼ 23.0%
Equity and liabilities €22.60M
Equity
€15.69M▲ 79.7%
Debt
€6.91M▼ 18.6%
The debt ratio falls from 49.3% to 30.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.53M▲
2024 · €905k
Cash flow
€1.41M▼
2024 · €4.73M
Solvency
69.4%▲
2024 · 50.7%
Current ratio
1.35▼
2024 · 1.49
Quick ratio
1.35▼
2024 · 1.49
Debt / equity
0.44▼
2024 · 0.97
ROE
1.6%▼
2024 · 41.6%
ROA
1.1%▼
2024 · 21.1%
Interest coverage
5.28▲
2024 · 2.77
Debt
€6.91M▼
2024 · €8.50M
Debt ≤ 1 year
€2.41M▼
2024 · €2.82M
Debt > 1 year
€4.50M▼
2024 · €5.64M
Income taxes
€8k▲
2024 · €596
Staff costs
€933k▲
2024 · €875k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€17.22M€22.60M▲
Fixed assets21/28€13.01M€19.35M▲
Intangible fixed assets21€1.77M€1.96M▲
Tangible fixed assets22/27€4.75M€9.46M▲
Land and buildings22€3.83M€8.90M▲
Plant, machinery and equipment23€543k€318k▼
Furniture and vehicles24€13k€7k▼
Leasing and similar rights25€362k€237k▼
Financial fixed assets28€6.49M€7.93M▲
Affiliated companies280/1€6.41M€7.85M▲
Participating interests280€6.41M€7.85M▲
Companies linked by participating interests282/3€80k€80k=
Participating interests282€80k€80k=
Current assets29/58€4.21M€3.25M▼
Amounts receivable after more than one year29€2.66M€2.20M▼
Other amounts receivable291€2.66M€2.20M▼
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€1.35M€810k▼
Trade receivables40€669k€33k▼
Other amounts receivable41€677k€778k▲
Cash at bank and in hand54/58€70k€61k▼
Deferred charges and accrued income490/1€140k€178k▲
Equity and liabilities
Total equity and liabilities10/49€17.22M€22.60M▲
Equity10/15€8.73M€15.69M▲
Contributions10/11€3.60M€3.60M=
Capital10€3.60M€3.60M=
Issued capital100€3.60M€3.60M=
Revaluation surpluses12€263k€7.01M▲
Reserves13€473k€486k▲
Non-distributable reserves130/1€232k€245k▲
Legal reserve130€232k€245k▲
Tax-exempt reserves132€58k€58k=
Distributable reserves133€183k€183k=
Profit (loss) carried forward14€4.15M€4.39M▲
Investment grants15€240k€200k▼
Amounts payable17/49€8.50M€6.91M▼
Amounts payable after more than one year17€5.64M€4.50M▼
Financial debts170/4€5.64M€4.50M▼
Subordinated loans170€1.42M€1.48M▲
Leasing and similar obligations172€49k€49k▲
Credit institutions173€4.17M€2.97M▼
Other amounts payable178/9€3k€3k=
Amounts payable within one year42/48€2.82M€2.41M▼
Current portion of amounts payable after more than one year42€1.39M€1.25M▼
Trade debts44€594k€310k▼
Suppliers440/4€594k€310k▼
Taxes, remuneration and social security45€151k€154k▲
Taxes450/3€25k€28k▲
Remuneration and social security454/9€125k€125k▲
Other amounts payable47/48€682k€696k▲
Accrued charges and deferred income492/3€37k€1k▼
Income statement
Code20242025
Operating income70/76A€2.50M€3.32M▲
Turnover70€2.32M€3.30M▲
Other operating income74€14k€18k▲
Non-recurring operating income76A€163k€0▼
Operating charges60/66A€2.70M€2.94M▲
Services and other goods61€612k€774k▲
Remuneration, social security and pensions62€875k€933k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.10M€1.16M▲
Other operating charges640/8€65k€80k▲
Non-recurring operating charges66A€44k€0▼
Operating profit (loss)9901€-197k€375k▲
Financial income75/76B€4.15M€180k▼
Recurring financial income75€4.15M€180k▼
Income from financial fixed assets750€3.95M€0▼
Income from current assets751€113k€139k▲
Other financial income752/9€91k€41k▼
Financial charges65/66B€331k€292k▼
Recurring financial charges65€331k€292k▼
Debt charges650€327k€290k▼
Other financial charges652/9€4k€2k▼
Profit (loss) for the period before taxes9903€3.63M€263k▼
Income taxes67/77€596€8k▲
Taxes670/3€596€8k▲
Tax adjustments and reversals of tax provisions77-€27
Profit (loss) for the period9904€3.63M€255k▼
Profit (loss) for the period to be appropriated9905€3.63M€255k▼
Appropriation of the result
Profit (loss) to be appropriated9906€4.34M€4.41M▲
Profit (loss) brought forward from the previous period14P€715k€4.15M▲
Transfer to equity691/2€190k€13k▼
To the legal reserve6920€190k€13k▼
Social balance
Average headcount (FTE)908711.812.1▲
The notes to these accounts (106 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-02
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 3 days late
2025
05-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 217 days late
30-06
Financial
Equity above €10MEq €15.69M ▲79.7%
7 profitable years in a row build equity to €15.69M.
2024
30-06
Financial
Highest result since 2019net €3.63M ▲4521%
Net result €3.63M, the highest in the series.
30-06
Financial
Liquidity triplescurrent ratio 1.49
Current ratio from 0.47 to 1.49; short-term debt falls from €5.97M to €2.82M.
27-02
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 27 days late
2023
30-06
Financial
Equity above €5MEq €5.07M ▲1.6%
5 profitable years in a row build equity to €5.07M.
02-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 2 days late
2022
24-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 24 days late
2021
23-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 23 days late
2020
30-06
Financial
Weakest financial yearnet €34k ▼73.1%
Net result drops to €34k, the lowest in the series; recovery starts the following year.
28-02
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2019
20-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 20 days late
2018
28-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 28 days late
2017
21-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Mouscron · 2 establishment units since 2000
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Aelbekesteenweg 2847700 MouscronGround area
2.3 ha
Building footprint
1.1 ha
Volume, LiDAR
37,436 m³
2 parcels, Wallonia · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
BEAVER CORPORATION
since 20002.097.042.802
Beaver Corporation
since 20222.335.187.205
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54007B0399/00G000 | Wallonia | 1.7 ha | 1 · 4,453 m² | 12.1 m · 3 fl. |
| 54007B0040/00G002 | Wallonia | 5,575 m² | 1 · 6,870 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
REMANT
BE 0466.665.317
Antwerpen · Eq €15.68M
WEBA SYSTEMS
BE 0568.980.422
Gent · Eq €15.71M
Bright Plus Outsourcing Solutions
BE 0475.945.940
Antwerpen · Eq €15.66M
IRS Belgium
BE 0738.533.254
Mortsel · Eq €15.73M
BELINDA HOLDINGS
BE 0881.820.268
Ottignies-Louvain-la-Neuve · Eq €15.64M
Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 4,889 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-06-1999
Fiscal year end30-06
Activities, NACEBEL
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
64200Holdings
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.