BEAVERWOOD: 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.
BEAVERWOOD
Largest movements
- Cash +€123,579
up €123,579 (+83.4%), from €148,154 to €271,733
mainly Net result for the year (+€82,678) and Receivables within one year (+€17,438)
- Receivables within one year -€17,438
down €17,438 (-6.8%), from €257,777 to €240,339
of which Trade receivables: -€34,396
- Profit (loss) carried forward +€82,678
up €82,678 (+33.5%), from €246,598 to €329,275
- Trade debts +€10,554
up €10,554 (+251%), from €4,206 to €14,760
- Tax, wage and social debts +€9,263
up €9,263 (+27.8%), from €33,377 to €42,639
of which Remuneration and social security: +€6,951
- Turnover -€385,159
no longer reported in 2025 (was €385,159)
- Purchases and services -€137,901
no longer reported in 2025 (was €137,901)
- Staff costs +€70,303
up €70,303 (+76.2%), from €92,302 to €162,605
- Taxes -€28,425
down €28,425 (-50.0%), from €56,848 to €28,423
- Gross operating margin +€26,168
up €26,168 (+10.5%), from €248,799 to €274,967
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 | €408,602 | €512,072 | +€103,470 | +25.3% |
| Fixed assets | 21/28 | €2,671 | €0 | -€2,671 | -100% |
| Tangible fixed assets | 22/27 | €2,671 | €0 | -€2,671 | -100% |
| Plant, machinery and equipment | 23 | €2,671 | €0 | -€2,671 | -100% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €405,931 | €512,072 | +€106,141 | +26.1% |
| Amounts receivable within one year | 40/41 | €257,777 | €240,339 | -€17,438 | -6.8% |
| Trade receivables | 40 | €246,345 | €211,949 | -€34,396 | -14.0% |
| Other amounts receivable | 41 | €11,432 | €28,390 | +€16,958 | +148% |
| Cash at bank and in hand | 54/58 | €148,154 | €271,733 | +€123,579 | +83.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €408,602 | €512,072 | +€103,470 | +25.3% |
| Equity | 10/15 | €363,748 | €446,425 | +€82,678 | +22.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €98,600 | €98,600 | = | 0.0% |
| Distributable reserves | 133 | €98,600 | €98,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €246,598 | €329,275 | +€82,678 | +33.5% |
| Amounts payable | 17/49 | €44,854 | €65,646 | +€20,792 | +46.4% |
| Amounts payable within one year | 42/48 | €41,254 | €62,046 | +€20,792 | +50.4% |
| Trade debts | 44 | €4,206 | €14,760 | +€10,554 | +251% |
| Suppliers | 440/4 | €4,206 | €14,760 | +€10,554 | +251% |
| Taxes, remuneration and social security | 45 | €33,377 | €42,639 | +€9,263 | +27.8% |
| Taxes | 450/3 | €14,882 | €17,194 | +€2,312 | +15.5% |
| Remuneration and social security | 454/9 | €18,495 | €25,445 | +€6,951 | +37.6% |
| Other amounts payable | 47/48 | €3,672 | €4,647 | +€975 | +26.6% |
| Accrued charges and deferred income | 492/3 | €3,600 | €3,600 | = | 0.0% |
| Turnover | 70 | €385,159 | - | -€385,159 | |
| Goods, raw materials, services and sundry goods | 60/61 | €137,901 | - | -€137,901 | |
| Remuneration, social security and pensions | 62 | €92,302 | €162,605 | +€70,303 | +76.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,671 | €2,671 | +€0 | 0.0% |
| Other operating charges | 640/8 | €0 | - | = | |
| Gross operating margin | 9900 | €248,799 | €274,967 | +€26,168 | +10.5% |
| Operating profit (loss) | 9901 | €153,826 | €109,691 | -€44,135 | -28.7% |
| Financial income | 75/76B | €1,822 | €1,549 | -€273 | -15.0% |
| Recurring financial income | 75 | €1,822 | €1,549 | -€273 | -15.0% |
| Financial charges | 65/66B | €200 | €139 | -€61 | -30.4% |
| Recurring financial charges | 65 | €200 | €139 | -€61 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | €155,448 | €111,101 | -€44,347 | -28.5% |
| Income taxes | 67/77 | €56,848 | €28,423 | -€28,425 | -50.0% |
| Profit (loss) for the period | 9904 | €98,600 | €82,678 | -€15,922 | -16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €98,600 | €82,678 | -€15,922 | -16.1% |
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 22 October 2026 via checked.be.