PEARL TRADE ELECTRONICS: 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.
PEARL TRADE ELECTRONICS
Largest movements
- Receivables within one year -€11,702
down €11,702 (-92.8%), from €12,607 to €905
- Tangible fixed assets -€6,940
down €6,940 (-14.3%), from €48,583 to €41,643
- Profit (loss) carried forward -€24,978
down €24,978 (-25.2%), from -€99,296 to -€124,274
- Other debts +€24,447
new in 2024: €24,447
- Debts after one year -€9,640
down €9,640 (-14.1%), from €68,475 to €58,835
- Trade debts -€7,754
down €7,754 (-16.2%), from €48,000 to €40,246
- Current portion of long-term debt -€649
down €649 (-6.3%), from €10,289 to €9,640
- Other operating charges -€57,271
down €57,271 (-97.2%), from €58,908 to €1,637
- Gross operating margin +€2,342
up €2,342 (+19.3%), from -€12,111 to -€9,769
- Financial income -€765
down €765 (-86.1%), from €888 to €123
- Financial charges +€621
up €621 (+10.8%), from €5,768 to €6,389
- Taxes +€395
up €395, from -€29 to €366
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €61,325 | €42,551 | -€18,774 | -30.6% |
| Fixed assets | 21/28 | €48,716 | €41,643 | -€7,073 | -14.5% |
| Tangible fixed assets | 22/27 | €48,583 | €41,643 | -€6,940 | -14.3% |
| Land and buildings | 22 | €48,583 | €41,643 | -€6,940 | -14.3% |
| Financial fixed assets | 28 | €133 | - | -€133 | |
| Current assets | 29/58 | €12,609 | €908 | -€11,701 | -92.8% |
| Amounts receivable within one year | 40/41 | €12,607 | €905 | -€11,702 | -92.8% |
| Other amounts receivable | 41 | €12,607 | €905 | -€11,702 | -92.8% |
| Cash at bank and in hand | 54/58 | €2 | €3 | +€1 | +50.0% |
| Total equity and liabilities | 10/49 | €61,325 | €42,551 | -€18,774 | -30.6% |
| Equity | 10/15 | -€65,639 | -€90,617 | -€24,978 | -38.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €15,107 | €15,107 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €13,252 | €13,252 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€99,296 | -€124,274 | -€24,978 | -25.2% |
| Amounts payable | 17/49 | €126,964 | €133,168 | +€6,204 | +4.9% |
| Amounts payable after more than one year | 17 | €68,475 | €58,835 | -€9,640 | -14.1% |
| Financial debts | 170/4 | €68,475 | €58,835 | -€9,640 | -14.1% |
| Amounts payable within one year | 42/48 | €58,489 | €74,333 | +€15,844 | +27.1% |
| Current portion of amounts payable after more than one year | 42 | €10,289 | €9,640 | -€649 | -6.3% |
| Financial debts | 43 | €200 | - | -€200 | |
| Credit institutions | 430/8 | €200 | - | -€200 | |
| Trade debts | 44 | €48,000 | €40,246 | -€7,754 | -16.2% |
| Suppliers | 440/4 | €48,000 | €40,246 | -€7,754 | -16.2% |
| Other amounts payable | 47/48 | - | €24,447 | +€24,447 | |
| Remuneration, social security and pensions | 62 | €186 | - | -€186 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,941 | €6,940 | -€1 | 0.0% |
| Other operating charges | 640/8 | €58,908 | €1,637 | -€57,271 | -97.2% |
| Gross operating margin | 9900 | -€12,111 | -€9,769 | +€2,342 | +19.3% |
| Operating profit (loss) | 9901 | -€78,146 | -€18,346 | +€59,800 | +76.5% |
| Financial income | 75/76B | €888 | €123 | -€765 | -86.1% |
| Recurring financial income | 75 | €888 | €123 | -€765 | -86.1% |
| Financial charges | 65/66B | €5,768 | €6,389 | +€621 | +10.8% |
| Recurring financial charges | 65 | €5,768 | €6,389 | +€621 | +10.8% |
| Profit (loss) for the period before taxes | 9903 | -€83,026 | -€24,612 | +€58,414 | +70.4% |
| Income taxes | 67/77 | -€29 | €366 | +€395 | |
| Profit (loss) for the period | 9904 | -€82,997 | -€24,978 | +€58,019 | +69.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€82,997 | -€24,978 | +€58,019 | +69.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.