LA PERLE D'EAU: 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 PERLE D'EAU
Largest movements
- Receivables within one year -€9,018
down €9,018 (-47.1%), from €19,138 to €10,119
of which Trade receivables: -€7,063
- Cash -€2,338
down €2,338 (-16.9%), from €13,831 to €11,493
mainly Trade debts (-€11,158) and Tax, wage and social debts (-€2,203)
- Deferred charges and accrued income +€1,718
up €1,718 (+525%), from €327 to €2,045
- Tangible fixed assets -€1,442
down €1,442 (-14.1%), from €10,259 to €8,817
of which Furniture and vehicles: -€1,385
- Trade debts -€11,158
down €11,158 (-74.0%), from €15,070 to €3,912
- Profit (loss) carried forward +€3,254
no longer reported in 2025 (was -€3,254)
- Tax, wage and social debts -€2,203
down €2,203 (-25.3%), from €8,703 to €6,500
of which Remuneration and social security: -€2,703
- Current portion of long-term debt -€1,481
down €1,481 (-14.2%), from €10,417 to €8,935
- Reserves +€1,183
up €1,183 (+8.2%), from €14,459 to €15,643
of which Distributable reserves: +€1,183
- Financial income +€93,307
up €93,307 (+1,995%), from €4,676 to €97,983
- Gross operating margin -€64,299
down €64,299 (-94.8%), from €67,846 to €3,546
- Staff costs +€22,910
up €22,910 (+33.8%), from €67,794 to €90,705
- Taxes -€8,615
down €8,615, from €5,857 to -€2,758
- Other operating charges +€3,610
up €3,610 (+154%), from €2,349 to €5,959
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 | €65,121 | €53,589 | -€11,531 | -17.7% |
| Fixed assets | 21/28 | €10,259 | €8,817 | -€1,442 | -14.1% |
| Tangible fixed assets | 22/27 | €10,259 | €8,817 | -€1,442 | -14.1% |
| Plant, machinery and equipment | 23 | €57 | - | -€57 | |
| Furniture and vehicles | 24 | €10,202 | €8,817 | -€1,385 | -13.6% |
| Current assets | 29/58 | €54,861 | €44,772 | -€10,090 | -18.4% |
| Stocks and contracts in progress | 3 | €21,565 | €21,115 | -€450 | -2.1% |
| Stocks | 30/36 | €21,565 | €21,115 | -€450 | -2.1% |
| Amounts receivable within one year | 40/41 | €19,138 | €10,119 | -€9,018 | -47.1% |
| Trade receivables | 40 | €11,758 | €4,694 | -€7,063 | -60.1% |
| Other amounts receivable | 41 | €7,380 | €5,425 | -€1,955 | -26.5% |
| Cash at bank and in hand | 54/58 | €13,831 | €11,493 | -€2,338 | -16.9% |
| Deferred charges and accrued income | 490/1 | €327 | €2,045 | +€1,718 | +525% |
| Total equity and liabilities | 10/49 | €65,121 | €53,589 | -€11,531 | -17.7% |
| Equity | 10/15 | €29,806 | €34,243 | +€4,437 | +14.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €14,459 | €15,643 | +€1,183 | +8.2% |
| Non-distributable reserves | 130/1 | €78 | €78 | = | 0.0% |
| Reserves not available under the articles | 1311 | €78 | €78 | = | 0.0% |
| Distributable reserves | 133 | €14,382 | €15,565 | +€1,183 | +8.2% |
| Profit (loss) carried forward | 14 | -€3,254 | - | +€3,254 | |
| Amounts payable | 17/49 | €35,315 | €19,347 | -€15,968 | -45.2% |
| Amounts payable within one year | 42/48 | €35,315 | €19,347 | -€15,968 | -45.2% |
| Current portion of amounts payable after more than one year | 42 | €10,417 | €8,935 | -€1,481 | -14.2% |
| Trade debts | 44 | €15,070 | €3,912 | -€11,158 | -74.0% |
| Suppliers | 440/4 | €15,070 | €3,912 | -€11,158 | -74.0% |
| Taxes, remuneration and social security | 45 | €8,703 | €6,500 | -€2,203 | -25.3% |
| Taxes | 450/3 | €6,000 | €6,500 | +€500 | +8.3% |
| Remuneration and social security | 454/9 | €2,703 | - | -€2,703 | |
| Other amounts payable | 47/48 | €1,125 | - | -€1,125 | |
| Remuneration, social security and pensions | 62 | €67,794 | €90,705 | +€22,910 | +33.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,851 | €2,596 | +€745 | +40.2% |
| Other operating charges | 640/8 | €2,349 | €5,959 | +€3,610 | +154% |
| Gross operating margin | 9900 | €67,846 | €3,546 | -€64,299 | -94.8% |
| Operating profit (loss) | 9901 | -€4,149 | -€95,713 | -€91,565 | -2,207% |
| Financial income | 75/76B | €4,676 | €97,983 | +€93,307 | +1,995% |
| Recurring financial income | 75 | €4,676 | €97,983 | +€93,307 | +1,995% |
| Financial charges | 65/66B | €2,110 | €591 | -€1,519 | -72.0% |
| Recurring financial charges | 65 | €2,110 | €591 | -€1,519 | -72.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,583 | €1,679 | +€3,262 | |
| Income taxes | 67/77 | €5,857 | -€2,758 | -€8,615 | |
| Profit (loss) for the period | 9904 | -€7,439 | €4,437 | +€11,876 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,439 | €4,437 | +€11,876 |
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 18 October 2026 via checked.be.