Storm Maasmechelen: what changed
What changed
Storm Maasmechelen
NACE 42.220, Construction of utility projects for electricity and telecommunications
filed annual accounts (NBB)
Net result for the year
-€142,255
2024 · €209,958-€352,213
Equity
€663,711
2024 · €805,966-€142,255
Cash
€246,235
2024 · €4,068+€242,167
Balance sheet total
€1.5m
2024 · €1.7m-€194,885
Largest movements
Assets
- Tangible fixed assets -€355,390
down €355,390 (-24.4%), from €1.5m to €1.1m
- Cash +€242,167
up €242,167 (+5,953%), from €4,068 to €246,235
mainly Depreciation (+€355,390) and Receivables within one year (+€60,926)
- Receivables within one year -€60,926
down €60,926 (-34.7%), from €175,333 to €114,406
of which Trade receivables: -€60,926
- Deferred charges and accrued income -€20,735
down €20,735 (-34.3%), from €60,535 to €39,800
Equity and liabilities
- Reserves -€142,255
down €142,255 (-25.1%), from €567,204 to €424,949
of which Distributable reserves: -€142,255
- Other debts -€79,822
down €79,822 (-99.6%), from €80,182 to €360
- Debts after one year +€18,780
up €18,780 (+2.7%), from €693,418 to €712,197
Income statement
- Gross operating margin -€420,774
down €420,774 (-61.0%), from €689,836 to €269,063
- Taxes -€71,906
down €71,906, from €71,206 to -€700
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
€209,958
Gross operating margin
-€420,774
Other operating charges
-€2,281
Financial income
-€2,541
Financial charges
+€1,477
Taxes
+€71,906
Result 2025
-€142,255
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
+€223,387
Investment
€0
Financing
+€18,780
Cash 2024
€4,068
From operations (derived)
+€223,387
Net result for the year
-€142,255
Depreciation
+€355,390
Receivables within one year
+€60,926
Deferred charges and accrued income
+€20,735
Trade debts
+€10,331
Tax, wage and social debts
-€9,780
Other debts
-€79,822
Accrued charges and deferred income
+€7,861
Financing
+€18,780
Debts after one year
+€18,780
Cash 2025
€246,235
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,694,122 | €1,499,238 | -€194,885 | -11.5% |
| Fixed assets | 21/28 | €1,454,187 | €1,098,796 | -€355,390 | -24.4% |
| Tangible fixed assets | 22/27 | €1,454,187 | €1,098,796 | -€355,390 | -24.4% |
| Plant, machinery and equipment | 23 | €1,454,187 | €1,098,796 | -€355,390 | -24.4% |
| Current assets | 29/58 | €239,936 | €400,441 | +€160,506 | +66.9% |
| Amounts receivable within one year | 40/41 | €175,333 | €114,406 | -€60,926 | -34.7% |
| Trade receivables | 40 | €175,333 | €114,406 | -€60,926 | -34.7% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €4,068 | €246,235 | +€242,167 | +5,953% |
| Deferred charges and accrued income | 490/1 | €60,535 | €39,800 | -€20,735 | -34.3% |
| Total equity and liabilities | 10/49 | €1,694,122 | €1,499,238 | -€194,885 | -11.5% |
| Equity | 10/15 | €805,966 | €663,711 | -€142,255 | -17.7% |
| Contributions | 10/11 | €238,762 | €238,762 | = | 0.0% |
| Capital | 10 | €238,762 | €238,762 | = | 0.0% |
| Issued capital | 100 | €238,762 | €238,762 | = | 0.0% |
| Reserves | 13 | €567,204 | €424,949 | -€142,255 | -25.1% |
| Non-distributable reserves | 130/1 | €23,876 | €23,876 | = | 0.0% |
| Legal reserve | 130 | €23,876 | €23,876 | = | 0.0% |
| Distributable reserves | 133 | €543,327 | €401,072 | -€142,255 | -26.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €888,157 | €835,527 | -€52,630 | -5.9% |
| Amounts payable after more than one year | 17 | €693,418 | €712,197 | +€18,780 | +2.7% |
| Financial debts | 170/4 | €693,418 | €712,197 | +€18,780 | +2.7% |
| Amounts payable within one year | 42/48 | €115,876 | €36,606 | -€79,270 | -68.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €449 | €10,780 | +€10,331 | +2,302% |
| Suppliers | 440/4 | €449 | €10,780 | +€10,331 | +2,302% |
| Taxes, remuneration and social security | 45 | €35,246 | €25,466 | -€9,780 | -27.7% |
| Taxes | 450/3 | €35,246 | €25,466 | -€9,780 | -27.7% |
| Other amounts payable | 47/48 | €80,182 | €360 | -€79,822 | -99.6% |
| Accrued charges and deferred income | 492/3 | €78,863 | €86,724 | +€7,861 | +10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €355,390 | €355,390 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,179 | €3,460 | +€2,281 | +193% |
| Gross operating margin | 9900 | €689,836 | €269,063 | -€420,774 | -61.0% |
| Operating profit (loss) | 9901 | €333,267 | -€89,788 | -€423,055 | |
| Financial income | 75/76B | €2,541 | €0 | -€2,541 | -100% |
| Recurring financial income | 75 | €2,541 | €0 | -€2,541 | -100% |
| Financial charges | 65/66B | €54,644 | €53,167 | -€1,477 | -2.7% |
| Recurring financial charges | 65 | €54,644 | €53,167 | -€1,477 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | €281,164 | -€142,955 | -€424,119 | |
| Income taxes | 67/77 | €71,206 | -€700 | -€71,906 | |
| Profit (loss) for the period | 9904 | €209,958 | -€142,255 | -€352,213 | |
| Profit (loss) for the period to be appropriated | 9905 | €209,958 | -€142,255 | -€352,213 |
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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 7 November 2026 via checked.be.