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 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GE Steam Power Belgium from Verviers, company number BE0775680888, closed financial year 2025 with a result of € -2.8 million after tax. For that financial year GE Steam Power Belgium recorded revenue of € 1.7 million and equity of € -5.5 million. Compared with financial year 2024, the result moved from € -1.6 million to € -2.8 million. 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 June 30, 2026.
€ -5.5 million
▼ € 2.8 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2.8 million
▼ 81 % more loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -6.8 million.
Debts at end 2025
€ 2.4 million
Loans from banks and other lenders, long and short.
€ 1.6 million
▲ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 11,010 | € 1,301,181 | € 1,672,680 | ▲ 29% |
| Gross margin | € -8,000 | € -234,812 | € -410,854 | € -940,647 | ▼ € 529,793 |
| Profit after taxes | € -8,400 | € -2,345,572 | € -1,564,983 | € -2,836,043 | ▼ € 1.3 million |
| Equity | € -8,400 | € -1,121,971 | € -2,686,954 | € -5,522,997 | ▼ € 2.8 million |
| Total debts | € 8,400 | € 550,425 | € 1,899,595 | € 4,073,417 | ▲ 114% |
| Retained profit | € -8,400 | € -2,353,972 | € -3,918,955 | € -6,754,998 | ▼ € 2.8 million |
| Bank debt | € 400 | € 0 | € 0 | € 2,412,448 | |
| Balance sheet total | € 0 | € 1,544,796 | € 2,215,206 | € 1,282,446 | ▼ 42% |
Key figures of GE Steam Power Belgium, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to GE Steam Power Belgium?
What happened at GE Steam Power Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2.8 million. Source: NBB ↗
- Sterrett Andrew James became a director. NBB
- New establishment in Charleroi. KBO
- New establishment in Verviers. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,400 loss in 2022 to € 2.8 million loss in 2025.
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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 GE Steam Power Belgium is Sterrett Andrew James.
Directors
According to the 2025 annual accounts
Sterrett Andrew James
Director
since 2025
Establishments
Establishment units
Physical locations of this company
Rue des Ormes 109
4800 Verviers
Rue Chapelle Beaussart 80
6030 Charleroi
Active since 1 October 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0775.680.888
- VAT number
- BE 0775.680.888
- Registered office
- Rue des Ormes 109, 4800 Verviers
- Names & denominations
- GE Steam Power Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 October 2021
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Groothandel in pompen en compressoren
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