BEEVERS INVEST: 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.
BEEVERS INVEST
Largest movements
- Cash +€1.2m
up €1.2m (+525%), from €229,180 to €1.4m
mainly Net result for the year (+€3.3m) and Receivables within one year (+€285,182)
- Financial fixed assets +€500,000
up €500,000 (+5.0%), from €9.9m to €10.4m
- Receivables within one year -€285,182
down €285,182 (-54.3%), from €525,338 to €240,157
of which Other amounts receivable: -€348,119
- Reserves +€1.6m
up €1.6m (+28.0%), from €5.7m to €7.4m
- Other debts -€253,600
down €253,600 (-13.3%), from €1.9m to €1.6m
- Financial income +€1.4m
up €1.4m (+92.1%), from €1.5m to €2.9m
- Gross operating margin -€182,495
down €182,495 (-27.1%), from €673,316 to €490,822
- Taxes -€41,923
down €41,923 (-27.5%), from €152,324 to €110,401
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 | €10,677,735 | €12,095,930 | +€1.4m | +13.3% |
| Fixed assets | 21/28 | €9,923,216 | €10,423,216 | +€500,000 | +5.0% |
| Financial fixed assets | 28 | €9,923,216 | €10,423,216 | +€500,000 | +5.0% |
| Current assets | 29/58 | €754,518 | €1,672,714 | +€918,196 | +122% |
| Amounts receivable within one year | 40/41 | €525,338 | €240,157 | -€285,182 | -54.3% |
| Trade receivables | 40 | €160,613 | €223,551 | +€62,938 | +39.2% |
| Other amounts receivable | 41 | €364,725 | €16,606 | -€348,119 | -95.4% |
| Cash at bank and in hand | 54/58 | €229,180 | €1,432,557 | +€1.2m | +525% |
| Total equity and liabilities | 10/49 | €10,677,735 | €12,095,930 | +€1.4m | +13.3% |
| Equity | 10/15 | €8,629,228 | €10,240,635 | +€1.6m | +18.7% |
| Contributions | 10/11 | €2,881,673 | €2,881,673 | = | 0.0% |
| Reserves | 13 | €5,740,000 | €7,350,000 | +€1.6m | +28.0% |
| Distributable reserves | 133 | €5,740,000 | €7,350,000 | +€1.6m | +28.0% |
| Profit (loss) carried forward | 14 | €7,554 | €8,961 | +€1,407 | +18.6% |
| Amounts payable | 17/49 | €2,048,507 | €1,855,296 | -€193,212 | -9.4% |
| Amounts payable within one year | 42/48 | €2,048,507 | €1,855,296 | -€193,212 | -9.4% |
| Trade debts | 44 | €72,019 | €105,041 | +€33,022 | +45.9% |
| Suppliers | 440/4 | €72,019 | €105,041 | +€33,022 | +45.9% |
| Taxes, remuneration and social security | 45 | €76,488 | €103,855 | +€27,367 | +35.8% |
| Taxes | 450/3 | €62,836 | €84,952 | +€22,116 | +35.2% |
| Remuneration and social security | 454/9 | €13,652 | €18,903 | +€5,251 | +38.5% |
| Other amounts payable | 47/48 | €1,900,000 | €1,646,400 | -€253,600 | -13.3% |
| Remuneration, social security and pensions | 62 | €65,041 | €68,327 | +€3,286 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,196 | - | -€1,196 | |
| Other operating charges | 640/8 | €4,924 | €1,318 | -€3,606 | -73.2% |
| Gross operating margin | 9900 | €673,316 | €490,822 | -€182,495 | -27.1% |
| Operating profit (loss) | 9901 | €602,155 | €421,176 | -€180,979 | -30.1% |
| Financial income | 75/76B | €1,534,484 | €2,947,106 | +€1.4m | +92.1% |
| Recurring financial income | 75 | €1,534,484 | €2,947,106 | +€1.4m | +92.1% |
| Financial charges | 65/66B | €82 | €74 | -€8 | -9.5% |
| Recurring financial charges | 65 | €82 | €74 | -€8 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | €2,136,556 | €3,368,208 | +€1.2m | +57.6% |
| Income taxes | 67/77 | €152,324 | €110,401 | -€41,923 | -27.5% |
| Profit (loss) for the period | 9904 | €1,984,233 | €3,257,807 | +€1.3m | +64.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,984,233 | €3,257,807 | +€1.3m | +64.2% |
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 29 October 2026 via checked.be.