Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
PEARLION from Brussel, company number BE0643648349, closed financial year 2024 with a result of € 60,900 after tax. For that financial year PEARLION recorded a gross margin of € 949,866 and equity of € 207,133. Compared with financial year 2023, the result moved from € 79,268 to € 60,900. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 29, 2025.
€ 207,133
▲ 6% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 60,900
▼ 23% vs 2023
Profit after tax over the fiscal year.
€ 186,096
▲ 3% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 50,000 paid out
82 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
26.9
▲ 1.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 746,246
▲ 10% vs 2023
€ 27,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 30,518
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 118,411
▼ 15% vs 2023
€ 11,403 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 75,246
▲ 1% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 164,192
▲ 17% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 592,124 | € 725,999 | € 876,628 | € 949,866 | ▲ 8% |
| Profit after taxes | € 42,202 | € 126,819 | € 79,268 | € 60,900 | ▼ 23% |
| Equity | € 140,146 | € 266,965 | € 196,233 | € 207,133 | ▲ 6% |
| Total debts | € 622,997 | € 483,929 | € 593,386 | € 585,703 | ▼ 1% |
| Cash | € 69,289 | € 126,822 | € 180,635 | € 186,096 | ▲ 3% |
| Retained profit | € -9,854 | € 116,965 | € 46,233 | € 57,133 | ▲ 24% |
| Dividend | € 0 | € 0 | € 150,000 | € 50,000 | ▼ 67% |
| Bank debt | € 149,697 | € 96,597 | € 139,331 | € 118,411 | ▼ 15% |
| Balance sheet total | € 763,143 | € 750,894 | € 789,619 | € 792,837 | |
| Employees (FTE) | 25.8 | 24.3 | 25.7 | 26.9 | ▲ 1.2 |
Key figures of PEARLION, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to PEARLION?
What happened at PEARLION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 60,900 (▼ 23% vs 2023). filed late Source: NBB ↗
- Christine GILLIS became a director. NBB
- Vincent MAIRIAUX became a director. NBB
- New establishment in Gent. KBO
- New establishment in Brussel. KBO
- New establishment in Brussel. KBO
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 42,202 profit in 2021 to € 60,900 profit in 2024.
Paid € 80,918 in corporate taxes since 2021.
Best year ever: 2022, with € 126,819 profit.
On average € 35,300 of value added per employee in 2024.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind PEARLION are Christine GILLIS and Vincent MAIRIAUX. It owns 100% of VELTEX and 100% of ENCOTEX itself.
Directors
According to the 2024 annual accounts
Christine GILLIS
Director
since 2024
Vincent MAIRIAUX
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Gasthuisstraat 37-41
1000 Brussel
Vleurgatsesteenweg 188
1000 Brussel
Active since 1 January 2016
Kipdorpvest 47
2000 Antwerpen
Active since 1 January 2016
Koningin Astridlaan 130
9000 Gent
Active since 1 March 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0643.648.349
- VAT number
- BE 0643.648.349
- Registered office
- Gasthuisstraat 37-41, 1000 Brussel
- Names & denominations
- PEARLION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 November 2015
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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