PEARL CONSULTING: what changed
PEARL CONSULTING
Largest movements
- Receivables after one year +€58,996
new in 2025: €58,996
- Cash -€51,535
down €51,535 (-74.8%), from €68,925 to €17,390
mainly Contributions, distributions and other (-€118,502) and Receivables after one year (-€58,996)
- Tangible fixed assets -€20,746
down €20,746 (-77.8%), from €26,670 to €5,924
of which Furniture and vehicles: -€18,202
- Receivables within one year -€2,676
down €2,676 (-12.5%), from €21,466 to €18,790
of which Other amounts receivable: -€2,750
- Other debts +€58,206
up €58,206 (+407%), from €14,306 to €72,512
- Reserves -€42,811
down €42,811 (-97.2%), from €44,051 to €1,240
of which Distributable reserves: -€42,811
- Profit (loss) carried forward -€23,759
down €23,759 (-98.3%), from €24,179 to €421
- Debts after one year -€7,025
down €7,025 (-100%), from €7,025 to €0
- Current portion of long-term debt -€3,122
down €3,122 (-30.8%), from €10,147 to €7,025
- Gross operating margin +€32,007
up €32,007 (+53.0%), from €60,418 to €92,425
- Taxes +€5,239
up €5,239 (+47.1%), from €11,118 to €16,357
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €118,450 | €102,554 | -€15,896 | -13.4% |
| Fixed assets | 21/28 | €26,670 | €5,924 | -€20,746 | -77.8% |
| Tangible fixed assets | 22/27 | €26,670 | €5,924 | -€20,746 | -77.8% |
| Furniture and vehicles | 24 | €22,626 | €4,424 | -€18,202 | -80.4% |
| Leasing and similar rights | 25 | €4,044 | €1,500 | -€2,544 | -62.9% |
| Current assets | 29/58 | €91,781 | €96,630 | +€4,850 | +5.3% |
| Amounts receivable after more than one year | 29 | - | €58,996 | +€58,996 | |
| Other amounts receivable | 291 | - | €58,996 | +€58,996 | |
| Amounts receivable within one year | 40/41 | €21,466 | €18,790 | -€2,676 | -12.5% |
| Trade receivables | 40 | €12,191 | €12,265 | +€74 | +0.6% |
| Other amounts receivable | 41 | €9,276 | €6,525 | -€2,750 | -29.7% |
| Cash at bank and in hand | 54/58 | €68,925 | €17,390 | -€51,535 | -74.8% |
| Deferred charges and accrued income | 490/1 | €1,389 | €1,454 | +€65 | +4.6% |
| Total equity and liabilities | 10/49 | €118,450 | €102,554 | -€15,896 | -13.4% |
| Equity | 10/15 | €86,830 | €20,261 | -€66,569 | -76.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €44,051 | €1,240 | -€42,811 | -97.2% |
| Non-distributable reserves | 130/1 | €1,240 | €1,240 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,240 | €1,240 | = | 0.0% |
| Distributable reserves | 133 | €42,811 | €0 | -€42,811 | -100% |
| Profit (loss) carried forward | 14 | €24,179 | €421 | -€23,759 | -98.3% |
| Amounts payable | 17/49 | €31,620 | €82,293 | +€50,673 | +160% |
| Amounts payable after more than one year | 17 | €7,025 | €0 | -€7,025 | -100% |
| Financial debts | 170/4 | €7,025 | €0 | -€7,025 | -100% |
| Amounts payable within one year | 42/48 | €24,453 | €81,978 | +€57,526 | +235% |
| Current portion of amounts payable after more than one year | 42 | €10,147 | €7,025 | -€3,122 | -30.8% |
| Trade debts | 44 | - | €296 | +€296 | |
| Suppliers | 440/4 | - | €296 | +€296 | |
| Taxes, remuneration and social security | 45 | - | €2,146 | +€2,146 | |
| Taxes | 450/3 | - | €2,146 | +€2,146 | |
| Other amounts payable | 47/48 | €14,306 | €72,512 | +€58,206 | +407% |
| Accrued charges and deferred income | 492/3 | €143 | €315 | +€172 | +120% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,927 | €21,823 | -€103 | -0.5% |
| Other operating charges | 640/8 | €1,989 | €1,559 | -€431 | -21.7% |
| Gross operating margin | 9900 | €60,418 | €92,425 | +€32,007 | +53.0% |
| Operating profit (loss) | 9901 | €36,502 | €69,043 | +€32,541 | +89.2% |
| Financial income | 75/76B | €2 | €3 | +€0 | +18.6% |
| Recurring financial income | 75 | €2 | €3 | +€0 | +18.6% |
| Financial charges | 65/66B | €1,207 | €757 | -€450 | -37.3% |
| Recurring financial charges | 65 | €1,207 | €757 | -€450 | -37.3% |
| Profit (loss) for the period before taxes | 9903 | €35,297 | €68,289 | +€32,992 | +93.5% |
| Income taxes | 67/77 | €11,118 | €16,357 | +€5,239 | +47.1% |
| Profit (loss) for the period | 9904 | €24,179 | €51,932 | +€27,753 | +115% |
| Profit (loss) for the period to be appropriated | 9905 | €24,179 | €51,932 | +€27,753 | +115% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.