TTL PERLE: what changed
Two fiscal 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.
TTL PERLE
Largest movements
- Receivables within one year +€11,631
up €11,631 (+8.9%), from €131,174 to €142,804
of which Trade receivables: +€10,194
- Tangible fixed assets -€4,845
down €4,845 (-28.3%), from €17,103 to €12,258
of which Furniture and vehicles: -€3,571
- Reserves +€29,065
up €29,065 (+36.6%), from €79,330 to €108,396
- Tax, wage and social debts -€16,197
down €16,197 (-45.3%), from €35,733 to €19,536
- Debts after one year -€5,096
down €5,096 (-100.0%), from €5,096 to €0
- Trade debts -€3,323
down €3,323 (-18.2%), from €18,245 to €14,922
- Gross operating margin +€20,028
up €20,028 (+72.5%), from €27,620 to €47,648
- Taxes +€7,107
up €7,107 (+134.5%), from €5,284 to €12,391
- Financial charges +€551
up €551 (+87.5%), from €630 to €1,181
- Other operating charges -€479
down €479 (-29.2%), from €1,640 to €1,161
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.
Cash bridge derived
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 | €150,811 | €156,846 | +€6,035 | +4.0% |
| Fixed assets | 21/28 | €17,103 | €12,258 | -€4,845 | -28.3% |
| Tangible fixed assets | 22/27 | €17,103 | €12,258 | -€4,845 | -28.3% |
| Plant, machinery and equipment | 23 | €6,156 | €4,882 | -€1,273 | -20.7% |
| Furniture and vehicles | 24 | €10,947 | €7,376 | -€3,571 | -32.6% |
| Current assets | 29/58 | €133,709 | €144,588 | +€10,880 | +8.1% |
| Stocks and contracts in progress | 3 | - | €723 | +€723 | |
| Stocks | 30/36 | - | €723 | +€723 | |
| Amounts receivable within one year | 40/41 | €131,174 | €142,804 | +€11,631 | +8.9% |
| Trade receivables | 40 | €78,132 | €88,326 | +€10,194 | +13.0% |
| Other amounts receivable | 41 | €53,042 | €54,478 | +€1,437 | +2.7% |
| Cash at bank and in hand | 54/58 | €2,416 | €997 | -€1,419 | -58.7% |
| Deferred charges and accrued income | 490/1 | €119 | €63 | -€55 | -46.7% |
| Total equity and liabilities | 10/49 | €150,811 | €156,846 | +€6,035 | +4.0% |
| Equity | 10/15 | €83,930 | €112,996 | +€29,065 | +34.6% |
| Contributions | 10/11 | €4,600 | €4,600 | = | 0.0% |
| Reserves | 13 | €79,330 | €108,396 | +€29,065 | +36.6% |
| Distributable reserves | 133 | €79,330 | €108,396 | +€29,065 | +36.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €66,881 | €43,851 | -€23,030 | -34.4% |
| Amounts payable after more than one year | 17 | €5,096 | €0 | -€5,096 | -100.0% |
| Financial debts | 170/4 | €5,096 | €0 | -€5,096 | -100.0% |
| Amounts payable within one year | 42/48 | €61,785 | €43,851 | -€17,934 | -29.0% |
| Current portion of amounts payable after more than one year | 42 | €6,046 | €7,181 | +€1,136 | +18.8% |
| Trade debts | 44 | €18,245 | €14,922 | -€3,323 | -18.2% |
| Suppliers | 440/4 | €18,245 | €14,922 | -€3,323 | -18.2% |
| Taxes, remuneration and social security | 45 | €35,733 | €19,536 | -€16,197 | -45.3% |
| Taxes | 450/3 | €35,733 | €19,536 | -€16,197 | -45.3% |
| Other amounts payable | 47/48 | €1,760 | €2,211 | +€450 | +25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,590 | €4,845 | +€255 | +5.6% |
| Other operating charges | 640/8 | €1,640 | €1,161 | -€479 | -29.2% |
| Gross operating margin | 9900 | €27,620 | €47,648 | +€20,028 | +72.5% |
| Operating profit (loss) | 9901 | €21,390 | €41,642 | +€20,252 | +94.7% |
| Financial income | 75/76B | €2,329 | €2,660 | +€332 | +14.2% |
| Recurring financial income | 75 | €2,329 | €2,660 | +€332 | +14.2% |
| Financial charges | 65/66B | €630 | €1,181 | +€551 | +87.5% |
| Recurring financial charges | 65 | €630 | €1,181 | +€551 | +87.5% |
| Profit (loss) for the period before taxes | 9903 | €23,089 | €43,122 | +€20,033 | +86.8% |
| Income taxes | 67/77 | €5,284 | €12,391 | +€7,107 | +134.5% |
| Profit (loss) for the period | 9904 | €17,805 | €30,731 | +€12,926 | +72.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,805 | €30,731 | +€12,926 | +72.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.