GEERT STREMERSCH: what changed
What changed
GEERT STREMERSCH
NACE 43.211, General electrical installation work
filed annual accounts (NBB)
Net result for the year
€13,163
2024 · €1,692+€11,471
Equity
€83,127
2024 · €69,964+€13,163
Cash
€854
2024 · €573+€281
Balance sheet total
€105,818
2024 · €85,082+€20,737
Largest movements
Assets
- Current investments +€63,000
up €63,000 (+180%), from €35,000 to €98,000
- Receivables within one year -€38,506
down €38,506 (-92.0%), from €41,867 to €3,361
of which Trade receivables: -€35,900
- Tangible fixed assets -€4,123
down €4,123 (-85.7%), from €4,810 to €687
Equity and liabilities
- Reserves +€13,163
up €13,163 (+20.6%), from €63,764 to €76,927
of which Distributable reserves: +€13,163
- Trade debts +€8,885
up €8,885 (+101%), from €8,822 to €17,707
- Current portion of long-term debt -€1,733
down €1,733 (-100%), from €1,733 to €0
- Other debts +€1,450
up €1,450 (+117%), from €1,242 to €2,692
Income statement
- Gross operating margin +€16,532
up €16,532 (+214%), from €7,725 to €24,257
- Taxes +€5,535
up €5,535 (+623%), from €888 to €6,423
- Other operating charges -€342
down €342 (-29.9%), from €1,141 to €799
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1,692
Gross operating margin
+€16,532
Depreciation
+€0
Other operating charges
+€342
Financial income
+€160
Financial charges
-€28
Taxes
-€5,535
Result 2025
€13,163
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€65,014
Investment
-€63,000
Financing
-€1,733
Cash 2024
€573
From operations (derived)
+€65,014
Net result for the year
+€13,163
Depreciation
+€4,123
Smaller working-capital items
-€85
Receivables within one year
+€38,506
Trade debts
+€8,885
Tax, wage and social debts
-€1,028
Other debts
+€1,450
Investment (derived)
-€63,000
Current investments
-€63,000
Financing
-€1,733
Current portion of long-term debt
-€1,733
Cash 2025
€854
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €85,082 | €105,818 | +€20,737 | +24.4% |
| Fixed assets | 21/28 | €4,810 | €687 | -€4,123 | -85.7% |
| Tangible fixed assets | 22/27 | €4,810 | €687 | -€4,123 | -85.7% |
| Furniture and vehicles | 24 | €4,810 | €687 | -€4,123 | -85.7% |
| Current assets | 29/58 | €80,272 | €105,131 | +€24,859 | +31.0% |
| Stocks and contracts in progress | 3 | €2,350 | €2,420 | +€70 | +3.0% |
| Stocks | 30/36 | €2,350 | €2,420 | +€70 | +3.0% |
| Amounts receivable within one year | 40/41 | €41,867 | €3,361 | -€38,506 | -92.0% |
| Trade receivables | 40 | €37,976 | €2,076 | -€35,900 | -94.5% |
| Other amounts receivable | 41 | €3,892 | €1,285 | -€2,607 | -67.0% |
| Current investments | 50/53 | €35,000 | €98,000 | +€63,000 | +180% |
| Cash at bank and in hand | 54/58 | €573 | €854 | +€281 | +49.0% |
| Deferred charges and accrued income | 490/1 | €481 | €496 | +€15 | +3.1% |
| Total equity and liabilities | 10/49 | €85,082 | €105,818 | +€20,737 | +24.4% |
| Equity | 10/15 | €69,964 | €83,127 | +€13,163 | +18.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €63,764 | €76,927 | +€13,163 | +20.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €61,904 | €75,067 | +€13,163 | +21.3% |
| Amounts payable | 17/49 | €15,118 | €22,692 | +€7,574 | +50.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €15,118 | €22,692 | +€7,574 | +50.1% |
| Current portion of amounts payable after more than one year | 42 | €1,733 | €0 | -€1,733 | -100% |
| Trade debts | 44 | €8,822 | €17,707 | +€8,885 | +101% |
| Suppliers | 440/4 | €8,822 | €17,707 | +€8,885 | +101% |
| Taxes, remuneration and social security | 45 | €3,321 | €2,293 | -€1,028 | -31.0% |
| Taxes | 450/3 | €3,321 | €2,293 | -€1,028 | -31.0% |
| Other amounts payable | 47/48 | €1,242 | €2,692 | +€1,450 | +117% |
| Non-recurring operating income | 76A | €88 | €0 | -€88 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,123 | €4,123 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,141 | €799 | -€342 | -29.9% |
| Gross operating margin | 9900 | €7,725 | €24,257 | +€16,532 | +214% |
| Operating profit (loss) | 9901 | €2,461 | €19,335 | +€16,874 | +686% |
| Financial income | 75/76B | €277 | €437 | +€160 | +57.9% |
| Recurring financial income | 75 | €277 | €437 | +€160 | +57.9% |
| Financial charges | 65/66B | €158 | €186 | +€28 | +17.7% |
| Recurring financial charges | 65 | €158 | €186 | +€28 | +17.7% |
| Profit (loss) for the period before taxes | 9903 | €2,580 | €19,586 | +€17,006 | +659% |
| Income taxes | 67/77 | €888 | €6,423 | +€5,535 | +623% |
| Profit (loss) for the period | 9904 | €1,692 | €13,163 | +€11,471 | +678% |
| Profit (loss) for the period to be appropriated | 9905 | €1,692 | €13,163 | +€11,471 | +678% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.