LA CITE DES 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.
LA CITE DES PERLES
Largest movements
- Receivables within one year -€8,081
down €8,081 (-50.8%), from €15,914 to €7,833
- Tangible fixed assets -€7,857
down €7,857 (-7.8%), from €100,856 to €92,999
of which Land and buildings: -€4,787
- Cash +€4,238
up €4,238 (+5.4%), from €78,445 to €82,684
mainly Tax, wage and social debts (+€19,738) and Trade debts (+€16,866)
- Profit (loss) carried forward -€37,238
down €37,238 (-28.1%), from €132,483 to €95,245
- Tax, wage and social debts +€19,738
up €19,738 (+74.7%), from €26,416 to €46,154
of which Remuneration and social security: +€10,556
- Trade debts +€16,866
up €16,866 (+578%), from €2,916 to €19,781
- Debts after one year -€12,963
down €12,963 (-74.3%), from €17,453 to €4,490
- Turnover -€597,733
no longer reported in 2025 (was €597,733)
- Purchases and services -€536,539
no longer reported in 2025 (was €536,539)
- Staff costs +€34,565
up €34,565 (+64.7%), from €53,427 to €87,993
- Gross operating margin -€25,339
down €25,339 (-26.8%), from €94,399 to €69,060
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 | €212,055 | €199,123 | -€12,933 | -6.1% |
| Fixed assets | 21/28 | €101,006 | €93,329 | -€7,677 | -7.6% |
| Tangible fixed assets | 22/27 | €100,856 | €92,999 | -€7,857 | -7.8% |
| Land and buildings | 22 | €78,828 | €74,040 | -€4,787 | -6.1% |
| Plant, machinery and equipment | 23 | €1,798 | €2,185 | +€387 | +21.5% |
| Furniture and vehicles | 24 | €6,919 | €5,309 | -€1,610 | -23.3% |
| Other tangible fixed assets | 26 | €13,311 | €11,465 | -€1,847 | -13.9% |
| Financial fixed assets | 28 | €150 | €330 | +€180 | +120% |
| Current assets | 29/58 | €111,049 | €105,794 | -€5,256 | -4.7% |
| Stocks and contracts in progress | 3 | €15,157 | €15,277 | +€120 | +0.8% |
| Stocks | 30/36 | €15,157 | €15,277 | +€120 | +0.8% |
| Amounts receivable within one year | 40/41 | €15,914 | €7,833 | -€8,081 | -50.8% |
| Other amounts receivable | 41 | €15,914 | €7,833 | -€8,081 | -50.8% |
| Cash at bank and in hand | 54/58 | €78,445 | €82,684 | +€4,238 | +5.4% |
| Deferred charges and accrued income | 490/1 | €1,533 | - | -€1,533 | |
| Total equity and liabilities | 10/49 | €212,055 | €199,123 | -€12,933 | -6.1% |
| Equity | 10/15 | €152,943 | €115,705 | -€37,238 | -24.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €132,483 | €95,245 | -€37,238 | -28.1% |
| Amounts payable | 17/49 | €59,113 | €83,418 | +€24,305 | +41.1% |
| Amounts payable after more than one year | 17 | €17,453 | €4,490 | -€12,963 | -74.3% |
| Financial debts | 170/4 | €17,453 | €4,490 | -€12,963 | -74.3% |
| Amounts payable within one year | 42/48 | €41,659 | €78,928 | +€37,268 | +89.5% |
| Current portion of amounts payable after more than one year | 42 | €12,328 | €12,993 | +€665 | +5.4% |
| Trade debts | 44 | €2,916 | €19,781 | +€16,866 | +578% |
| Suppliers | 440/4 | €2,916 | €19,781 | +€16,866 | +578% |
| Taxes, remuneration and social security | 45 | €26,416 | €46,154 | +€19,738 | +74.7% |
| Taxes | 450/3 | €10,995 | €20,177 | +€9,181 | +83.5% |
| Remuneration and social security | 454/9 | €15,421 | €25,977 | +€10,556 | +68.5% |
| Turnover | 70 | €597,733 | - | -€597,733 | |
| Goods, raw materials, services and sundry goods | 60/61 | €536,539 | - | -€536,539 | |
| Remuneration, social security and pensions | 62 | €53,427 | €87,993 | +€34,565 | +64.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,218 | €10,429 | -€5,789 | -35.7% |
| Other operating charges | 640/8 | €6,248 | €7,286 | +€1,037 | +16.6% |
| Gross operating margin | 9900 | €94,399 | €69,060 | -€25,339 | -26.8% |
| Operating profit (loss) | 9901 | €18,506 | -€36,647 | -€55,153 | |
| Financial income | 75/76B | - | €2,360 | +€2,360 | |
| Recurring financial income | 75 | - | €2,360 | +€2,360 | |
| Financial charges | 65/66B | €2,563 | €2,951 | +€388 | +15.2% |
| Recurring financial charges | 65 | €2,563 | €2,951 | +€388 | +15.2% |
| Profit (loss) for the period before taxes | 9903 | €15,943 | -€37,238 | -€53,181 | |
| Income taxes | 67/77 | €1,884 | - | -€1,884 | |
| Profit (loss) for the period | 9904 | €14,058 | -€37,238 | -€51,296 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,058 | -€37,238 | -€51,296 |
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 30 October 2026 via checked.be.