PEARLION: 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.
What changed
PEARLION
NACE 96.101, Personal service activities
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€60,900
2023 · €79,268-€18,368
Equity
€207,133
2023 · €196,233+€10,900
Cash
€186,096
2023 · €180,635+€5,460
Balance sheet total
€792,837
2023 · €789,619+€3,217
Largest movements
Assets
- Tangible fixed assets +€48,461
up €48,461 (+48.7%), from €99,607 to €148,068
of which Furniture and vehicles: +€30,518
- Intangible fixed assets -€30,000
down €30,000 (-50.0%), from €60,000 to €30,000
- Receivables within one year -€14,771
down €14,771 (-11.0%), from €134,495 to €119,725
Equity and liabilities
- Tax, wage and social debts +€23,792
up €23,792 (+16.9%), from €140,400 to €164,192
of which Taxes: +€13,322
- Current portion of long-term debt -€12,602
down €12,602 (-52.5%), from €24,006 to €11,403
- Other debts -€12,470
down €12,470 (-5.2%), from €239,233 to €226,763
- Debts after one year -€11,403
down €11,403 (-15.6%), from €72,929 to €61,526
- Profit (loss) carried forward +€10,900
up €10,900 (+25.0%), from €43,637 to €54,537
Income statement
- Gross operating margin +€73,238
up €73,238 (+8.4%), from €876,628 to €949,866
- Staff costs +€67,998
up €67,998 (+10.0%), from €678,248 to €746,246
- Write-downs +€12,500
up €12,500, from -€12,500 to €0
- Depreciation +€9,895
up €9,895 (+15.9%), from €62,411 to €72,305
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.
Result 2023
€79,268
Gross operating margin
+€73,238
Staff costs
-€67,998
Depreciation
-€9,895
Write-downs
-€12,500
Other operating charges
-€6,322
Other operating items
-€5
Financial income
+€182
Financial charges
-€2,903
Taxes
+€7,834
Result 2024
€60,900
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€167,146
Investment
-€90,766
Financing
-€70,920
Cash 2023
€180,635
From operations (derived)
+€167,146
Net result for the year
+€60,900
Depreciation
+€72,305
Stocks and contracts
+€6,210
Receivables within one year
+€14,771
Deferred charges and accrued income
-€277
Trade debts
+€860
Tax, wage and social debts
+€23,792
Other debts
-€12,470
Accrued charges and deferred income
+€1,055
Investment (derived)
-€90,766
Investment in fixed assets (net)
-€90,766
Financing
-€70,920
Debts after one year
-€11,403
Current portion of long-term debt
-€12,602
Short-term financial debts
+€3,086
Contributions, distributions and other
-€50,000
Cash 2024
€186,096
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €789,619 | €792,837 | +€3,217 | +0.4% |
| Fixed assets | 21/28 | €468,112 | €486,573 | +€18,461 | +3.9% |
| Intangible fixed assets | 21 | €60,000 | €30,000 | -€30,000 | -50.0% |
| Tangible fixed assets | 22/27 | €99,607 | €148,068 | +€48,461 | +48.7% |
| Plant, machinery and equipment | 23 | €98,781 | €117,137 | +€18,356 | +18.6% |
| Furniture and vehicles | 24 | - | €30,518 | +€30,518 | |
| Other tangible fixed assets | 26 | €826 | €413 | -€413 | -50.0% |
| Financial fixed assets | 28 | €308,505 | €308,505 | = | 0.0% |
| Current assets | 29/58 | €321,507 | €306,264 | -€15,243 | -4.7% |
| Stocks and contracts in progress | 3 | €6,210 | €0 | -€6,210 | -100% |
| Stocks | 30/36 | €6,210 | €0 | -€6,210 | -100% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €134,495 | €119,725 | -€14,771 | -11.0% |
| Trade receivables | 40 | €134,495 | €119,725 | -€14,771 | -11.0% |
| Cash at bank and in hand | 54/58 | €180,635 | €186,096 | +€5,460 | +3.0% |
| Deferred charges and accrued income | 490/1 | €166 | €444 | +€277 | +167% |
| Total equity and liabilities | 10/49 | €789,619 | €792,837 | +€3,217 | +0.4% |
| Equity | 10/15 | €196,233 | €207,133 | +€10,900 | +5.6% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €2,597 | €2,597 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,597 | €0 | -€2,597 | -100% |
| Reserves not available under the articles | 1311 | €2,597 | €0 | -€2,597 | -100% |
| Distributable reserves | 133 | - | €2,597 | +€2,597 | |
| Profit (loss) carried forward | 14 | €43,637 | €54,537 | +€10,900 | +25.0% |
| Amounts payable | 17/49 | €593,386 | €585,703 | -€7,683 | -1.3% |
| Amounts payable after more than one year | 17 | €72,929 | €61,526 | -€11,403 | -15.6% |
| Financial debts | 170/4 | €72,929 | €61,526 | -€11,403 | -15.6% |
| Amounts payable within one year | 42/48 | €520,420 | €523,086 | +€2,666 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €24,006 | €11,403 | -€12,602 | -52.5% |
| Financial debts | 43 | €42,397 | €45,482 | +€3,086 | +7.3% |
| Credit institutions | 430/8 | €42,397 | €0 | -€42,397 | -100% |
| Other loans | 439 | - | €45,482 | +€45,482 | |
| Trade debts | 44 | €74,385 | €75,246 | +€860 | +1.2% |
| Suppliers | 440/4 | €74,385 | €75,246 | +€860 | +1.2% |
| Taxes, remuneration and social security | 45 | €140,400 | €164,192 | +€23,792 | +16.9% |
| Taxes | 450/3 | €58,942 | €72,264 | +€13,322 | +22.6% |
| Remuneration and social security | 454/9 | €81,458 | €91,928 | +€10,470 | +12.9% |
| Other amounts payable | 47/48 | €239,233 | €226,763 | -€12,470 | -5.2% |
| Accrued charges and deferred income | 492/3 | €37 | €1,091 | +€1,055 | +2,885% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €678,248 | €746,246 | +€67,998 | +10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,411 | €72,305 | +€9,895 | +15.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€12,500 | €0 | +€12,500 | |
| Other operating charges | 640/8 | €16,408 | €22,730 | +€6,322 | +38.5% |
| Non-recurring operating charges | 66A | €2,016 | €2,021 | +€5 | +0.3% |
| Gross operating margin | 9900 | €876,628 | €949,866 | +€73,238 | +8.4% |
| Operating profit (loss) | 9901 | €130,046 | €106,564 | -€23,482 | -18.1% |
| Financial income | 75/76B | €0 | €182 | +€182 | |
| Recurring financial income | 75 | €0 | €182 | +€182 | |
| Financial charges | 65/66B | €19,589 | €22,491 | +€2,903 | +14.8% |
| Recurring financial charges | 65 | €17,529 | €16,684 | -€845 | -4.8% |
| Non-recurring financial charges | 66B | €2,060 | €5,807 | +€3,747 | +182% |
| Profit (loss) for the period before taxes | 9903 | €110,457 | €84,255 | -€26,202 | -23.7% |
| Income taxes | 67/77 | €31,189 | €23,355 | -€7,834 | -25.1% |
| Profit (loss) for the period | 9904 | €79,268 | €60,900 | -€18,368 | -23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €79,268 | €60,900 | -€18,368 | -23.2% |
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 27 October 2026 via checked.be.