BEAVER CREEK: 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.
BEAVER CREEK
Largest movements
- Cash -€144,793
down €144,793 (-61.7%), from €234,669 to €89,876
mainly Contributions, distributions and other (-€137,785) and Receivables after one year (-€100,000)
- Receivables after one year +€100,000
new in 2025: €100,000
- Current investments +€22,500
new in 2025: €22,500
- Receivables within one year +€8,484
up €8,484 (+20.6%), from €41,269 to €49,753
of which Trade receivables: +€17,150
- Reserves -€71,886
down €71,886 (-28.9%), from €248,843 to €176,957
- Other debts +€59,860
up €59,860 (+5,956%), from €1,005 to €60,865
- Accrued charges and deferred income -€3,750
no longer reported in 2025 (was €3,750)
- Gross operating margin -€5,820
down €5,820 (-6.0%), from €97,240 to €91,419
- Financial income +€1,367
up €1,367 (+111%), from €1,236 to €2,603
- Taxes +€1,108
up €1,108 (+4.7%), from €23,741 to €24,849
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 | €277,962 | €263,113 | -€14,849 | -5.3% |
| Fixed assets | 21/28 | €1,988 | €948 | -€1,040 | -52.3% |
| Tangible fixed assets | 22/27 | €1,988 | €948 | -€1,040 | -52.3% |
| Plant, machinery and equipment | 23 | €658 | €282 | -€376 | -57.1% |
| Other tangible fixed assets | 26 | €1,330 | €666 | -€664 | -49.9% |
| Current assets | 29/58 | €275,974 | €262,165 | -€13,808 | -5.0% |
| Amounts receivable after more than one year | 29 | - | €100,000 | +€100,000 | |
| Other amounts receivable | 291 | - | €100,000 | +€100,000 | |
| Amounts receivable within one year | 40/41 | €41,269 | €49,753 | +€8,484 | +20.6% |
| Trade receivables | 40 | €11,534 | €28,684 | +€17,150 | +149% |
| Other amounts receivable | 41 | €29,735 | €21,069 | -€8,667 | -29.1% |
| Current investments | 50/53 | - | €22,500 | +€22,500 | |
| Cash at bank and in hand | 54/58 | €234,669 | €89,876 | -€144,793 | -61.7% |
| Deferred charges and accrued income | 490/1 | €36 | €37 | +€1 | +2.0% |
| Total equity and liabilities | 10/49 | €277,962 | €263,113 | -€14,849 | -5.3% |
| Equity | 10/15 | €255,043 | €183,157 | -€71,886 | -28.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €248,843 | €176,957 | -€71,886 | -28.9% |
| Distributable reserves | 133 | €248,843 | €176,957 | -€71,886 | -28.9% |
| Amounts payable | 17/49 | €22,919 | €79,956 | +€57,037 | +249% |
| Amounts payable within one year | 42/48 | €19,169 | €79,956 | +€60,787 | +317% |
| Current portion of amounts payable after more than one year | 42 | €11,667 | €11,667 | = | 0.0% |
| Trade debts | 44 | €967 | €189 | -€779 | -80.5% |
| Suppliers | 440/4 | €967 | €189 | -€779 | -80.5% |
| Taxes, remuneration and social security | 45 | €5,530 | €7,236 | +€1,706 | +30.8% |
| Taxes | 450/3 | €5,530 | €7,236 | +€1,706 | +30.8% |
| Other amounts payable | 47/48 | €1,005 | €60,865 | +€59,860 | +5,956% |
| Accrued charges and deferred income | 492/3 | €3,750 | - | -€3,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,898 | €1,040 | -€858 | -45.2% |
| Other operating charges | 640/8 | €1,103 | €927 | -€176 | -16.0% |
| Gross operating margin | 9900 | €97,240 | €91,419 | -€5,820 | -6.0% |
| Operating profit (loss) | 9901 | €94,238 | €89,452 | -€4,786 | -5.1% |
| Financial income | 75/76B | €1,236 | €2,603 | +€1,367 | +111% |
| Recurring financial income | 75 | €1,236 | €2,603 | +€1,367 | +111% |
| Financial charges | 65/66B | €1,161 | €1,307 | +€146 | +12.6% |
| Recurring financial charges | 65 | €1,161 | €1,307 | +€146 | +12.6% |
| Profit (loss) for the period before taxes | 9903 | €94,313 | €90,748 | -€3,566 | -3.8% |
| Income taxes | 67/77 | €23,741 | €24,849 | +€1,108 | +4.7% |
| Profit (loss) for the period | 9904 | €70,573 | €65,899 | -€4,674 | -6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €70,573 | €65,899 | -€4,674 | -6.6% |
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 19 October 2026 via checked.be.