CIEL MES PERLES: 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.
CIEL MES PERLES
Largest movements
- Cash +€10,404
up €10,404 (+34.4%), from €30,217 to €40,621
mainly Receivables within one year (+€10,321) and Net result for the year (+€5,889)
- Receivables within one year -€10,321
down €10,321 (-44.7%), from €23,102 to €12,780
of which Trade receivables: -€10,034
- Tangible fixed assets -€1,374
down €1,374 (-15.4%), from €8,913 to €7,539
of which Plant, machinery and equipment: -€878
- Reserves +€5,000
new in 2025: €5,000
- Other debts -€4,127
down €4,127 (-10.6%), from €39,074 to €34,947
- Tax, wage and social debts -€1,718
down €1,718 (-38.0%), from €4,523 to €2,805
of which Taxes: -€1,718
- Gross operating margin -€10,339
down €10,339 (-43.0%), from €24,049 to €13,710
- Taxes -€2,359
down €2,359 (-40.9%), from €5,763 to €3,404
- Depreciation -€2,350
down €2,350 (-40.6%), from €5,791 to €3,441
- Other operating charges -€744
down €744 (-47.7%), from €1,559 to €815
- Financial charges -€574
down €574 (-29.8%), from €1,926 to €1,352
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 | €86,789 | €85,923 | -€866 | -1.0% |
| Fixed assets | 21/28 | €11,663 | €9,928 | -€1,735 | -14.9% |
| Intangible fixed assets | 21 | €2,750 | €2,389 | -€362 | -13.1% |
| Tangible fixed assets | 22/27 | €8,913 | €7,539 | -€1,374 | -15.4% |
| Plant, machinery and equipment | 23 | €8,077 | €7,199 | -€878 | -10.9% |
| Furniture and vehicles | 24 | €836 | €340 | -€495 | -59.2% |
| Current assets | 29/58 | €75,126 | €75,995 | +€869 | +1.2% |
| Stocks and contracts in progress | 3 | €21,508 | €22,037 | +€529 | +2.5% |
| Stocks | 30/36 | €21,508 | €22,037 | +€529 | +2.5% |
| Amounts receivable within one year | 40/41 | €23,102 | €12,780 | -€10,321 | -44.7% |
| Trade receivables | 40 | €21,218 | €11,184 | -€10,034 | -47.3% |
| Other amounts receivable | 41 | €1,884 | €1,597 | -€287 | -15.2% |
| Cash at bank and in hand | 54/58 | €30,217 | €40,621 | +€10,404 | +34.4% |
| Deferred charges and accrued income | 490/1 | €300 | €558 | +€258 | +86.0% |
| Total equity and liabilities | 10/49 | €86,789 | €85,923 | -€866 | -1.0% |
| Equity | 10/15 | €35,350 | €40,439 | +€5,089 | +14.4% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | - | €5,000 | +€5,000 | |
| Distributable reserves | 133 | - | €5,000 | +€5,000 | |
| Profit (loss) carried forward | 14 | €14,890 | €14,979 | +€89 | +0.6% |
| Amounts payable | 17/49 | €51,439 | €45,484 | -€5,955 | -11.6% |
| Amounts payable within one year | 42/48 | €51,439 | €45,084 | -€6,355 | -12.4% |
| Current portion of amounts payable after more than one year | 42 | €754 | €752 | -€2 | -0.3% |
| Trade debts | 44 | €7,087 | €6,580 | -€507 | -7.2% |
| Suppliers | 440/4 | €7,087 | €6,580 | -€507 | -7.2% |
| Taxes, remuneration and social security | 45 | €4,523 | €2,805 | -€1,718 | -38.0% |
| Taxes | 450/3 | €3,600 | €1,882 | -€1,718 | -47.7% |
| Remuneration and social security | 454/9 | €923 | €923 | = | 0.0% |
| Other amounts payable | 47/48 | €39,074 | €34,947 | -€4,127 | -10.6% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,791 | €3,441 | -€2,350 | -40.6% |
| Other operating charges | 640/8 | €1,559 | €815 | -€744 | -47.7% |
| Gross operating margin | 9900 | €24,049 | €13,710 | -€10,339 | -43.0% |
| Operating profit (loss) | 9901 | €16,699 | €9,454 | -€7,245 | -43.4% |
| Financial income | 75/76B | €1,603 | €1,191 | -€413 | -25.7% |
| Recurring financial income | 75 | €1,603 | €1,191 | -€413 | -25.7% |
| Financial charges | 65/66B | €1,926 | €1,352 | -€574 | -29.8% |
| Recurring financial charges | 65 | €1,926 | €1,352 | -€574 | -29.8% |
| Profit (loss) for the period before taxes | 9903 | €16,377 | €9,293 | -€7,084 | -43.3% |
| Income taxes | 67/77 | €5,763 | €3,404 | -€2,359 | -40.9% |
| Profit (loss) for the period | 9904 | €10,614 | €5,889 | -€4,724 | -44.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,614 | €5,889 | -€4,724 | -44.5% |
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 21 October 2026 via checked.be.