Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2024; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
PEARL TRADE ELECTRONICS from Merchtem, company number BE0880294596, closed financial year 2024 with a result of € -24,978 after tax. For that financial year PEARL TRADE ELECTRONICS recorded a gross margin of € -9,769 and equity of € -90,617. Compared with financial year 2023, the result moved from € -82,997 to € -24,978. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2025.
€ -90,617
▼ € 24,978 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -24,978
▲ 70 % less loss than in 2023
Profit after tax over the fiscal year.
€ 3
▲ 50% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -109,167.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2024
€ 68,475
▼ 13% vs 2023
€ 9,640 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 40,246
▼ 16% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 60,186 | € 100,693 | € -12,111 | € -9,769 | ▲ € 2,342 |
| Profit after taxes | € 44,596 | € 88,070 | € -82,997 | € -24,978 | ▲ € 58,019 |
| Equity | € -70,712 | € 17,358 | € -65,639 | € -90,617 | ▼ € 24,978 |
| Total debts | € 169,365 | € 103,923 | € 126,964 | € 133,168 | ▲ 5% |
| Cash | € 8,988 | € 303 | € 2 | € 3 | ▲ 50% |
| Land & buildings | € 62,465 | € 55,524 | € 48,583 | € 41,643 | ▼ 14% |
| Retained profit | € -89,262 | € -1,192 | € -84,189 | € -109,167 | ▼ € 24,978 |
| Bank debt | € 93,988 | € 86,048 | € 78,964 | € 68,475 | ▼ 13% |
| Balance sheet total | € 98,653 | € 121,281 | € 61,325 | € 42,551 | ▼ 31% |
Key figures of PEARL TRADE ELECTRONICS, 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 PEARL TRADE ELECTRONICS?
What happened at PEARL TRADE ELECTRONICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 24,978. Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Merchtem. KBO
In short
From € 44,596 profit in 2021 to € 24,978 loss in 2024.
Paid € 1,071 in corporate taxes since 2021.
Best year ever: 2022, with € 88,070 profit.
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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 PEARL TRADE ELECTRONICS is Marina Kuzmiankova.
Directors
According to the 2024 annual accounts
Marina Kuzmiankova
Director
Establishments
Establishment units
Physical locations of this company
Wolvertemsesteenweg 109
1785 Merchtem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0880.294.596
- VAT number
- BE 0880.294.596
- Registered office
- Wolvertemsesteenweg 109, 1785 Merchtem
- Names & denominations
- PEARL TRADE ELECTRONICS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 March 2006
- Peppol
- Not registered