Perle d'eau
ActiveSummary
Perle d'eau has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €66,777 and a net result of €28,096. Equity is growing by ~61.7% per year across the filed fiscal years. Its solvency ranks better than 43% of 6161 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability77▲+5
Solvency40▲+6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity short (current ratio 0.51 against 0.35 in 2023; short-term debt: 59.3% and cash: 14.5% of total assets), and 84.9% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
15.1%
Return on assets
6.4%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
44 d early
2023
43 d early
2022
40 d early
2021
20 d early
2020
1 d early
2019
35 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 31 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 20 June (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
In the rankings
#7 oldest company in Westerlo, Other services sector#8 company by total assets in Westerlo, Other services sector
Equity
€66,777▲ 72.6%
2023 · €38,682
Total assets
€441,688▲ 4.8%
2023 · €421,270
Net result
€28,096▲ 131%
2023 · €12,160
Working capital
-€128,200▲ 35.9%
2023 · -€199,956
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€62,516▲ 71.1%€44,779▼ 28.4%€83,776▲ 87.1%€23,063▼ 72.5%€46,634▲ 102%
Net result€60,163above the sector's middle half▲ 69.9%€36,426above the sector's middle half▼ 39.5%€55,823above the sector's middle half▲ 53.3%€12,160within the sector's middle half▼ 78.2%€28,096above the sector's middle half▲ 131%
Equity-€9,904below the sector's middle half▲ 85.9%€26,521within the sector's middle half€26,521within the sector's middle half=€38,682within the sector's middle half▲ 45.8%€66,777above the sector's middle half▲ 72.6%
Total assets€472,599above the sector's middle half▼ 10.6%€480,028above the sector's middle half▲ 1.6%€609,020above the sector's middle half▲ 26.9%€421,270above the sector's middle half▼ 30.8%€441,688above the sector's middle half▲ 4.8%
Debt€482,503▼ 19.4%€453,507▼ 6.0%€582,498▲ 28.4%€382,589▼ 34.3%€374,910▼ 2.0%
Working capital-€273,524below the sector's middle half▲ 24.3%-€197,171below the sector's middle half▲ 27.9%-€117,955below the sector's middle half▲ 40.2%-€199,956below the sector's middle half▼ 69.5%-€128,200below the sector's middle half▲ 35.9%
Solvency-2.1%within the sector's middle half▲ 11.2pp5.5%within the sector's middle half▲ 7.6pp4.4%within the sector's middle half▼ 1.2pp9.2%within the sector's middle half▲ 4.8pp15.1%within the sector's middle half▲ 5.9pp
Current ratio0.28below the sector's middle half▲ 0.010.44below the sector's middle half▲ 0.160.70within the sector's middle half▲ 0.260.35below the sector's middle half▼ 0.350.51within the sector's middle half▲ 0.16
Return on assets (ROA)12.7%within the sector's middle half▲ 6.0pp7.6%within the sector's middle half▼ 5.1pp9.2%within the sector's middle half▲ 1.6pp2.9%within the sector's middle half▼ 6.3pp6.4%within the sector's middle half▲ 3.5pp
Staff (FTE)1.8within the sector's middle half▲ 80.0%5.7▲ 217%3.1▼ 45.6%1.4▼ 54.8%1.3▼ 7.1%
above
within
below
the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 102% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €441,688
Fixed assets
€308,049 ▼ 1.8%
Current assets
€133,639 ▲ 24.3%
Equity and liabilities €441,688
Equity
€66,777 ▲ 72.6%
Debt
€374,910 ▼ 2.0%
Debt's share of the balance-sheet total falls from 90.8% to 84.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€103,939▲
2023 · €80,996
Cash flow
€85,401▲
2023 · €70,092
Quick ratio
0.33▲
2023 · 0.20
Debt to equity
5.61▼
2023 · 9.89
ROE
42.1%▲
2023 · 31.4%
Interest coverage
69.93▲
2023 · 20.73
Debt ≤ 1 year
€261,839▼
2023 · €307,428
Debt > 1 year
€113,071▲
2023 · €75,160
Income taxes
€17,103▲
2023 · €7,422
Staff costs
€60,390▲
2023 · €58,042
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,053 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
2.4%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,053 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €160,746 | €58,042 | €60,390 | ▲ 4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €47,178 | €47,681 | €112,323 | €57,932 | €57,305 | ▼ 1.1% |
| Other operating charges640/8 | - | - | €6,905 | €2,960 | €2,089 | ▼ 29.4% |
| Non-recurring operating charges66A | - | - | €0 | - | - | - |
| Gross operating margin9900 | €180,227 | €139,081 | €363,750 | €141,998 | €166,418 | ▲ 17.2% |
| Operating profit (loss)9901 | €62,516 | €44,779 | €83,776 | €23,063 | €46,634 | ▲ 102% |
| Financial income75/76B | - | - | €4,811 | €426 | €51 | ▼ 88.0% |
| Recurring financial income75 | €1,074 | €413 | €4,811 | €426 | €51 | ▼ 88.0% |
| Financial charges65/66B | - | - | €5,345 | €3,907 | €1,486 | ▼ 62.0% |
| Recurring financial charges65 | €2,782 | €2,514 | €5,345 | €3,907 | €1,486 | ▼ 62.0% |
| Profit (loss) for the period before taxes9903 | €60,809 | €42,677 | €83,243 | €19,582 | €45,198 | ▲ 131% |
| Income taxes67/77 | €646 | €6,252 | €27,420 | €7,422 | €17,103 | ▲ 130% |
| Profit (loss) for the period9904 | €60,163 | €36,426 | €55,823 | €12,160 | €28,096 | ▲ 131% |
| Profit (loss) for the period to be appropriated9905 | €60,163 | €36,426 | €55,823 | €12,160 | €28,096 | ▲ 131% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €472,599 | €480,028 | €609,020 | €421,270 | €441,688 | ▲ 4.8% |
| Fixed assets21/28 | €363,656 | €323,692 | €333,805 | €313,798 | €308,049 | ▼ 1.8% |
| Intangible fixed assets21 | €43,500 | €29,000 | €3,625 | €16,370 | €12,898 | ▼ 21.2% |
| Tangible fixed assets22/27 | €320,156 | €294,692 | €330,180 | €297,428 | €295,151 | ▼ 0.8% |
| Land and buildings22 | - | - | €153,324 | €144,619 | €127,804 | ▼ 11.6% |
| Plant, machinery and equipment23 | - | - | €16,252 | €11,784 | €51,204 | ▲ 335% |
| Furniture and vehicles24 | - | - | €86,487 | €63,705 | €43,000 | ▼ 32.5% |
| Other tangible fixed assets26 | - | - | €74,117 | €77,320 | €73,143 | ▼ 5.4% |
| Current assets29/58 | €108,943 | €156,336 | €275,215 | €107,473 | €133,639 | ▲ 24.3% |
| Stocks and contracts in progress3 | €59,062 | €50,598 | €47,030 | €47,030 | €47,030 | = |
| Stocks30/36 | - | - | €47,030 | €47,030 | €47,030 | = |
| Amounts receivable within one year40/41 | €195 | €22,559 | €44,369 | €11,012 | €18,119 | ▲ 64.5% |
| Trade receivables40 | - | - | €34,789 | €11,012 | €18,119 | ▲ 64.5% |
| Other amounts receivable41 | - | - | €9,580 | €0 | - | - |
| Cash at bank and in hand54/58 | €48,023 | €81,606 | €180,847 | €45,631 | €64,185 | ▲ 40.7% |
| Deferred charges and accrued income490/1 | - | - | €2,969 | €3,800 | €4,305 | ▲ 13.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €472,599 | €480,028 | €609,020 | €421,270 | €441,688 | ▲ 4.8% |
| Equity10/15 | -€9,904 | €26,521 | €26,521 | €38,682 | €66,777 | ▲ 72.6% |
| Contributions10/11 | - | - | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | - | €7,921 | €7,921 | €20,082 | €48,177 | ▲ 140% |
| Distributable reserves133 | - | - | €7,921 | €20,082 | €48,177 | ▲ 140% |
| Profit (loss) carried forward14 | -€28,504 | €0 | €0 | €0 | - | - |
| Amounts payable17/49 | €482,503 | €453,507 | €582,498 | €382,589 | €374,910 | ▼ 2.0% |
| Amounts payable after more than one year17 | €100,000 | €100,000 | €189,329 | €75,160 | €113,071 | ▲ 50.4% |
| Financial debts170/4 | - | - | €189,329 | €75,160 | €113,071 | ▲ 50.4% |
| Amounts payable within one year42/48 | €382,467 | €353,507 | €393,169 | €307,428 | €261,839 | ▼ 14.8% |
| Current portion of amounts payable after more than one year42 | - | - | €14,019 | €14,168 | €22,149 | ▲ 56.3% |
| Trade debts44 | €8,953 | €18,977 | €18,321 | €16,995 | €6,759 | ▼ 60.2% |
| Suppliers440/4 | - | - | €18,321 | €16,995 | €6,759 | ▼ 60.2% |
| Taxes, remuneration and social security45 | - | - | €41,928 | €21,716 | €45,867 | ▲ 111% |
| Taxes450/3 | - | - | €1,684 | €8,043 | €31,994 | ▲ 298% |
| Remuneration and social security454/9 | - | - | €40,244 | €13,673 | €13,873 | ▲ 1.5% |
| Other amounts payable47/48 | - | - | €318,901 | €254,549 | €187,065 | ▼ 26.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €60,163 | €36,426 | €55,823 | €12,160 | €28,096 | ▲ 131% |
| + Depreciation and write-downs630 | €47,178 | €47,681 | €112,323 | €57,932 | €57,305 | ▼ 1.1% |
| Operating cash flow (approximation) | €107,341 | €84,107 | €168,146 | €70,092 | €85,401 | ▲ 21.8% |
| Investment in fixed assets (approximation) | - | -€7,717 | -€122,436 | -€37,925 | -€51,557 | ▼ 35.9% |
| Change in cash | - | €33,583 | €99,241 | -€135,216 | €18,554 | ▲ 114% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €12,160 ▼78.2%
Net result drops to €12,160, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
11-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Highest result since 2019net €60,163 ▲69.9%
Net result €60,163, the highest in the series.
2019
26-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
25-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
28-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Westerlo · 1 establishment unit since 2013
Ground area
180 m²
Building footprint
145 m²
Volume, LiDAR
957 m³
Parcel 13049B0578/00L000, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Perle d'experts
since 20132.219.825.501
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13049B0578/00L000 | Flanders | 180 m² | 1 · 145 m² | 10.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 2 entries · 2,966 EUR awarded · 2,966 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 2 | 2,966 EUR | 2,966 EUR |
Recognitions · licences · registrations
Dual-learning approval
2 endedSchoonheidsspecialiste (so)
Schoonheidsspecialiste (so)
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Of 24,867 companies in sector 96220 we hold annual accounts for 1,445. 1,095 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-03-2013
Fiscal year end31-12
Activities, NACEBEL 2025
96220Beauty care and other beauty treatments
46170Agents in the wholesale of food, beverages and tobacco
71112Activities of interior architects
Contact
Website
www.perle-d-eau.be
E-mail
perle.deau1@telenet.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0524856805
Also
9925:BE0524856805
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.