BEAVER CORPORATION: what changed
What changed
BEAVER CORPORATION
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€254,627
2024 · €3.6m-€3.4m
Equity
€15.7m
2024 · €8.7m+€7.0m
Cash
€61,362
2024 · €69,764-€8,402
Balance sheet total
€22.6m
2024 · €17.2m+€5.4m
Largest movements
Assets
- Tangible fixed assets +€4.7m
up €4.7m (+99.2%), from €4.8m to €9.5m
of which Land and buildings: +€5.1m
- Financial fixed assets +€1.4m
up €1.4m (+22.2%), from €6.5m to €7.9m
of which Affiliated companies: +€1.4m
- Receivables within one year -€535,557
down €535,557 (-39.8%), from €1.3m to €810,483
of which Trade receivables: -€636,094
- Receivables after one year -€461,327
down €461,327 (-17.4%), from €2.7m to €2.2m
Equity and liabilities
- Revaluation surpluses +€6.7m
up €6.7m (+2,562%), from €263,263 to €7.0m
- Debts after one year -€1.1m
down €1.1m (-20.2%), from €5.6m to €4.5m
of which Financial debts: -€1.1m
- Trade debts -€283,610
down €283,610 (-47.8%), from €593,640 to €310,030
- Profit (loss) carried forward +€241,627
up €241,627 (+5.8%), from €4.2m to €4.4m
Income statement
- Financial income -€4.0m
down €4.0m (-95.7%), from €4.2m to €180,007
- Turnover +€975,388
up €975,388 (+42.0%), from €2.3m to €3.3m
- Services and other goods +€162,316
up €162,316 (+26.5%), from €611,746 to €774,062
- Staff costs +€57,401
up €57,401 (+6.6%), from €875,436 to €932,837
- Depreciation +€54,428
up €54,428 (+4.9%), from €1.1m to €1.2m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€3.6m
Turnover
+€975,388
Other operating income
+€3,894
Services and other goods
-€162,316
Staff costs
-€57,401
Depreciation
-€54,428
Other operating charges
-€14,609
Other operating items
-€119,416
Financial income
-€4.0m
Financial charges
+€38,786
Taxes
-€7,564
Result 2025
€254,627
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€2.1m
Investment
-€7.5m
Financing
+€5.4m
Cash 2024
€69,764
From operations (derived)
+€2.1m
Net result for the year
+€254,627
Depreciation
+€1.2m
Receivables after one year
+€461,327
Receivables within one year
+€535,557
Deferred charges and accrued income
-€37,518
Trade debts
-€283,610
Smaller working-capital items
+€17,210
Accrued charges and deferred income
-€35,371
Investment (derived)
-€7.5m
Investment in fixed assets (net)
-€7.5m
Financing
+€5.4m
Debts after one year
-€1.1m
Current portion of long-term debt
-€144,090
Contributions, distributions and other
+€6.7m
Cash 2025
€61,362
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,224,948 | €22,600,578 | +€5.4m | +31.2% |
| Fixed assets | 21/28 | €13,011,424 | €19,354,822 | +€6.3m | +48.8% |
| Intangible fixed assets | 21 | €1,768,845 | €1,958,435 | +€189,591 | +10.7% |
| Tangible fixed assets | 22/27 | €4,750,089 | €9,461,842 | +€4.7m | +99.2% |
| Land and buildings | 22 | €3,832,286 | €8,901,023 | +€5.1m | +132% |
| Plant, machinery and equipment | 23 | €542,757 | €317,533 | -€225,224 | -41.5% |
| Furniture and vehicles | 24 | €13,130 | €6,571 | -€6,559 | -50.0% |
| Leasing and similar rights | 25 | €361,917 | €236,715 | -€125,202 | -34.6% |
| Financial fixed assets | 28 | €6,492,490 | €7,934,545 | +€1.4m | +22.2% |
| Affiliated companies | 280/1 | €6,412,490 | €7,854,545 | +€1.4m | +22.5% |
| Participating interests | 280 | €6,412,490 | €7,854,545 | +€1.4m | +22.5% |
| Companies linked by participating interests | 282/3 | €80,000 | €80,000 | = | 0.0% |
| Participating interests | 282 | €80,000 | €80,000 | = | 0.0% |
| Current assets | 29/58 | €4,213,524 | €3,245,756 | -€967,768 | -23.0% |
| Amounts receivable after more than one year | 29 | €2,657,346 | €2,196,019 | -€461,327 | -17.4% |
| Other amounts receivable | 291 | €2,657,346 | €2,196,019 | -€461,327 | -17.4% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €1,346,040 | €810,483 | -€535,557 | -39.8% |
| Trade receivables | 40 | €668,860 | €32,766 | -€636,094 | -95.1% |
| Other amounts receivable | 41 | €677,180 | €777,717 | +€100,537 | +14.8% |
| Cash at bank and in hand | 54/58 | €69,764 | €61,362 | -€8,402 | -12.0% |
| Deferred charges and accrued income | 490/1 | €140,374 | €177,892 | +€37,518 | +26.7% |
| Total equity and liabilities | 10/49 | €17,224,948 | €22,600,578 | +€5.4m | +31.2% |
| Equity | 10/15 | €8,727,611 | €15,687,452 | +€7.0m | +79.7% |
| Contributions | 10/11 | €3,600,000 | €3,600,000 | = | 0.0% |
| Capital | 10 | €3,600,000 | €3,600,000 | = | 0.0% |
| Issued capital | 100 | €3,600,000 | €3,600,000 | = | 0.0% |
| Revaluation surpluses | 12 | €263,263 | €7,009,051 | +€6.7m | +2,562% |
| Reserves | 13 | €472,607 | €485,607 | +€13,000 | +2.8% |
| Non-distributable reserves | 130/1 | €232,000 | €245,000 | +€13,000 | +5.6% |
| Legal reserve | 130 | €232,000 | €245,000 | +€13,000 | +5.6% |
| Tax-exempt reserves | 132 | €57,662 | €57,662 | = | 0.0% |
| Distributable reserves | 133 | €182,945 | €182,945 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,151,489 | €4,393,117 | +€241,627 | +5.8% |
| Investment grants | 15 | €240,252 | €199,677 | -€40,575 | -16.9% |
| Amounts payable | 17/49 | €8,497,337 | €6,913,127 | -€1.6m | -18.6% |
| Amounts payable after more than one year | 17 | €5,642,374 | €4,504,026 | -€1.1m | -20.2% |
| Financial debts | 170/4 | €5,639,524 | €4,501,176 | -€1.1m | -20.2% |
| Subordinated loans | 170 | €1,415,848 | €1,479,322 | +€63,474 | +4.5% |
| Leasing and similar obligations | 172 | €48,989 | €49,367 | +€379 | +0.8% |
| Credit institutions | 173 | €4,174,688 | €2,972,487 | -€1.2m | -28.8% |
| Other amounts payable | 178/9 | €2,850 | €2,850 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,818,441 | €2,407,951 | -€410,491 | -14.6% |
| Current portion of amounts payable after more than one year | 42 | €1,392,219 | €1,248,129 | -€144,090 | -10.3% |
| Trade debts | 44 | €593,640 | €310,030 | -€283,610 | -47.8% |
| Suppliers | 440/4 | €593,640 | €310,030 | -€283,610 | -47.8% |
| Taxes, remuneration and social security | 45 | €150,516 | €153,860 | +€3,344 | +2.2% |
| Taxes | 450/3 | €25,215 | €28,431 | +€3,216 | +12.8% |
| Remuneration and social security | 454/9 | €125,301 | €125,428 | +€127 | +0.1% |
| Other amounts payable | 47/48 | €682,066 | €695,932 | +€13,866 | +2.0% |
| Accrued charges and deferred income | 492/3 | €36,521 | €1,150 | -€35,371 | -96.9% |
| Operating income | 70/76A | €2,500,893 | €3,317,045 | +€816,152 | +32.6% |
| Turnover | 70 | €2,323,267 | €3,298,655 | +€975,388 | +42.0% |
| Other operating income | 74 | €14,496 | €18,390 | +€3,894 | +26.9% |
| Non-recurring operating income | 76A | €163,130 | €0 | -€163,130 | -100% |
| Operating charges | 60/66A | €2,697,397 | €2,942,437 | +€245,039 | +9.1% |
| Services and other goods | 61 | €611,746 | €774,062 | +€162,316 | +26.5% |
| Remuneration, social security and pensions | 62 | €875,436 | €932,837 | +€57,401 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,101,528 | €1,155,956 | +€54,428 | +4.9% |
| Other operating charges | 640/8 | €64,974 | €79,583 | +€14,609 | +22.5% |
| Non-recurring operating charges | 66A | €43,714 | €0 | -€43,714 | -100% |
| Operating profit (loss) | 9901 | -€196,505 | €374,608 | +€571,113 | |
| Financial income | 75/76B | €4,154,386 | €180,007 | -€4.0m | -95.7% |
| Recurring financial income | 75 | €4,154,386 | €180,007 | -€4.0m | -95.7% |
| Income from financial fixed assets | 750 | €3,950,000 | €0 | -€4.0m | -100% |
| Income from current assets | 751 | €113,100 | €139,432 | +€26,331 | +23.3% |
| Other financial income | 752/9 | €91,285 | €40,575 | -€50,711 | -55.6% |
| Financial charges | 65/66B | €330,614 | €291,828 | -€38,786 | -11.7% |
| Recurring financial charges | 65 | €330,614 | €291,828 | -€38,786 | -11.7% |
| Debt charges | 650 | €326,537 | €290,099 | -€36,438 | -11.2% |
| Other financial charges | 652/9 | €4,078 | €1,729 | -€2,349 | -57.6% |
| Profit (loss) for the period before taxes | 9903 | €3,627,267 | €262,787 | -€3.4m | -92.8% |
| Income taxes | 67/77 | €596 | €8,160 | +€7,564 | +1,269% |
| Taxes | 670/3 | €596 | €8,187 | +€7,591 | +1,273% |
| Tax adjustments and reversals of tax provisions | 77 | - | €27 | +€27 | |
| Profit (loss) for the period | 9904 | €3,626,671 | €254,627 | -€3.4m | -93.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,626,671 | €254,627 | -€3.4m | -93.0% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.