BBSTS
ActiveSummary
BBSTS has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €77k. Equity is growing by ~56.3% per year across the filed fiscal years. Its solvency ranks better than 20% of 9494 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency43▼-57
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.88 against 4.23 in 2024; short-term debt: 81.9% and cash: 9.9% of total assets), and 81.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
18.1%
Return on assets
71.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 9494 sector peers (2025).
NBB · sector comparisonPosition among 9494 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-04-2026, 108 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
108 d early
2024
3 d early
2023
27 d late
2022
20 d early
2021
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€19k▼ 91.9%
2024 · €239k
2021: €56k
2022: €92k▲ +64.5% vs 2021
2023: €158k▲ +72.3% vs 2022
2024: €239k▲ +51.3% vs 2023highest in 5 years
2025: €19k▼ -91.9% vs 2024lowest in 5 years
2021 → 2025
Total assets
€107k▼ 64.4%
2024 · €301k
2021: €106klowest in 5 years
2022: €191k▲ +80.5% vs 2021
2023: €210k▲ +9.5% vs 2022
2024: €301k▲ +43.8% vs 2023highest in 5 years
2025: €107k▼ -64.4% vs 2024
2021 → 2025
Net result
€77k▼ 5.6%
2024 · €81k
2021: €51k
2022: €36k▼ -29.2% vs 2021lowest in 5 years
2023: €66k▲ +84.5% vs 2022
2024: €81k▲ +22.4% vs 2023highest in 5 years
2025: €77k▼ -5.6% vs 2024
2021 → 2025
Working capital
€-10k
2024 · €200k
2021: €55k
2022: €91k▲ +65.7% vs 2021
2023: €151k▲ +65.7% vs 2022
2024: €200k▲ +32.5% vs 2023highest in 5 years
2025: €-10k▼ -105% vs 2024lowest in 5 years
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€56k-€92k▲ 64.5%€158k▲ 72.3%€239k▲ 51.3%€19k▼ 91.9%
2021: €56k
2022: €92k▲ +64.5% vs 2021
2023: €158k▲ +72.3% vs 2022
2024: €239k▲ +51.3% vs 2023highest in 5 years
2025: €19k▼ -91.9% vs 2024lowest in 5 years
Operating result€70k-€46k▼ 33.9%€79k▲ 69.8%€104k▲ 31.7%€91k▼ 12.6%
2021: €70k
2022: €46k▼ -33.9% vs 2021lowest in 5 years
2023: €79k▲ +69.8% vs 2022
2024: €104k▲ +31.7% vs 2023highest in 5 years
2025: €91k▼ -12.6% vs 2024
Net result€51k-€36k▼ 29.2%€66k▲ 84.5%€81k▲ 22.4%€77k▼ 5.6%
2021: €51k
2022: €36k▼ -29.2% vs 2021lowest in 5 years
2023: €66k▲ +84.5% vs 2022
2024: €81k▲ +22.4% vs 2023highest in 5 years
2025: €77k▼ -5.6% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 13% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €107k
Fixed assets
€30k ▼ 24.7%
Current assets
€78k ▼ 70.4%
Equity and liabilities €107k
Equity
€19k ▼ 91.9%
Debt
€88k ▲ 41.8%
Debt's share of the balance-sheet total rises from 20.6% to 81.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€100k▼
2024 · €111k
Cash flow
€86k▼
2024 · €89k
Current ratio
0.88▼
2024 · 4.23
Debt to equity
4.54▲
2024 · 0.26
ROE
395.5%▲
2024 · 33.9%
ROA
71.4%▲
2024 · 27.0%
Interest coverage
107.04▲
2024 · 65.81
Debt ≤ 1 year
€88k▲
2024 · €62k
Income taxes
€22k▼
2024 · €31k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€301k€107k▼
Fixed assets21/28€39k€30k▼
Tangible fixed assets22/27€39k€30k▼
Furniture and vehicles24€39k€30k▼
Current assets29/58€262k€78k▼
Amounts receivable within one year40/41€199k€58k▼
Trade receivables40€11k€14k▲
Other amounts receivable41€188k€44k▼
Cash at bank and in hand54/58€63k€11k▼
Deferred charges and accrued income490/1€0€9k▲
Equity and liabilities
Total equity and liabilities10/49€301k€107k▼
Equity10/15€239k€19k▼
Contributions10/11€5k€5k=
Reserves13€234k€14k▼
Distributable reserves133€234k€14k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€62k€88k▲
Amounts payable within one year42/48€62k€88k▲
Current portion of amounts payable after more than one year42€10k€0▼
Trade debts44€18k€867▼
Suppliers440/4€18k€867▼
Taxes, remuneration and social security45€34k€10k▼
Taxes450/3€34k€10k▼
Other amounts payable47/48-€77k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€10k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€113k€101k▼
Operating profit (loss)9901€104k€91k▼
Financial income75/76B€10k€9k▼
Recurring financial income75€10k€9k▼
Financial charges65/66B€2k€936▼
Recurring financial charges65€2k€936▼
Profit (loss) for the period before taxes9903€112k€99k▼
Income taxes67/77€31k€22k▼
Profit (loss) for the period9904€81k€77k▼
Profit (loss) for the period to be appropriated9905€81k€77k▼
Appropriation of the result
Profit (loss) to be appropriated9906€81k€77k▼
Transfer from equity791/2-€220k
Transfer to equity691/2€81k€0▼
To other reserves6921€81k€0▼
Profit to be distributed694/7-€297k
Return on contributions (dividend)694-€297k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €119 | €180 | €1k | €8k | €10k | ▲ 23.3% |
| Other operating charges640/8 | €4k | €6k | €1k | €2k | €1k | ▼ 39.6% |
| Gross operating margin9900 | €74k | €52k | €81k | €113k | €101k | ▼ 10.5% |
| Operating profit (loss)9901 | €70k | €46k | €79k | €104k | €91k | ▼ 12.6% |
| Financial income75/76B | €3k | €9k | €8k | €10k | €9k | ▼ 10.5% |
| Recurring financial income75 | €3k | €9k | €8k | €10k | €9k | ▼ 10.5% |
| Financial charges65/66B | €1k | €2k | €998 | €2k | €936 | ▼ 44.7% |
| Recurring financial charges65 | €1k | €2k | €998 | €2k | €936 | ▼ 44.7% |
| Profit (loss) for the period before taxes9903 | €72k | €53k | €86k | €112k | €99k | ▼ 11.9% |
| Income taxes67/77 | €21k | €17k | €19k | €31k | €22k | ▼ 28.4% |
| Profit (loss) for the period9904 | €51k | €36k | €66k | €81k | €77k | ▼ 5.6% |
| Profit (loss) for the period to be appropriated9905 | €51k | €36k | €66k | €81k | €77k | ▼ 5.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €106k | €191k | €210k | €301k | €107k | ▼ 64.4% |
| Fixed assets21/28 | €783 | €603 | €7k | €39k | €30k | ▼ 24.7% |
| Tangible fixed assets22/27 | €783 | €603 | €7k | €39k | €30k | ▼ 24.7% |
| Furniture and vehicles24 | €783 | €603 | €7k | €39k | €30k | ▼ 24.7% |
| Current assets29/58 | €105k | €191k | €202k | €262k | €78k | ▼ 70.4% |
| Amounts receivable within one year40/41 | €100k | €179k | €154k | €199k | €58k | ▼ 71.0% |
| Trade receivables40 | €17k | €13k | €15k | €11k | €14k | ▲ 26.5% |
| Other amounts receivable41 | €83k | €167k | €140k | €188k | €44k | ▼ 76.8% |
| Cash at bank and in hand54/58 | €539 | €2k | €39k | €63k | €11k | ▼ 83.1% |
| Deferred charges and accrued income490/1 | €4k | €10k | €9k | €0 | €9k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €106k | €191k | €210k | €301k | €107k | ▼ 64.4% |
| Equity10/15 | €56k | €92k | €158k | €239k | €19k | ▼ 91.9% |
| Contributions10/11 | €5k | €5k | €5k | €5k | €5k | = |
| Reserves13 | €51k | €87k | €153k | €234k | €14k | ▼ 93.9% |
| Distributable reserves133 | €51k | €87k | €153k | €234k | €14k | ▼ 93.9% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Amounts payable17/49 | €50k | €99k | €51k | €62k | €88k | ▲ 41.8% |
| Amounts payable within one year42/48 | €50k | €99k | €51k | €62k | €88k | ▲ 41.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €10k | €0 | ▼ 100% |
| Trade debts44 | €9k | €3k | €890 | €18k | €867 | ▼ 95.1% |
| Suppliers440/4 | €9k | €3k | €890 | €18k | €867 | ▼ 95.1% |
| Taxes, remuneration and social security45 | €32k | €45k | €50k | €34k | €10k | ▼ 69.6% |
| Taxes450/3 | €32k | €45k | €50k | €34k | €10k | ▼ 69.6% |
| Other amounts payable47/48 | €9k | €51k | €0 | - | €77k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €51k | €36k | €66k | €81k | €77k | ▼ 5.6% |
| + Depreciation and write-downs630 | €119 | €180 | €1k | €8k | €10k | ▲ 23.3% |
| Operating cash flow (approximation) | €51k | €36k | €67k | €89k | €86k | ▼ 3.1% |
| Investment in fixed assets (approximation) | - | €0 | €-8k | €-40k | €0 | ▲ 100% |
| Change in cash | - | €1k | €37k | €24k | €-52k | ▼ 320% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €81k ▲22.4%
Operating result €104k, net result €81k, both a record.
31-12
Financial
Equity above €200kEq €239k ▲51.3%
4 profitable years in a row build equity to €239k.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 3.94
Current ratio from 1.92 to 3.94; short-term debt falls from €99k to €51k.
31-12
Financial
Equity above €150kEq €158k ▲72.3%
3 profitable years in a row build equity to €158k.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €36k ▼29.2%
Net result drops to €36k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 2020
Ground area
1,602 m²
Building footprint
266 m²
Volume, LiDAR
1,157 m³
Parcel 34022E0780/00B000, Flanders · tallest building 7.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BBSTS
since 20202.308.908.222
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34022E0780/00B000 | Flanders | 1,602 m² | 1 · 266 m² | 7.6 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 597 EUR awarded · 597 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 597 EUR | 597 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,546 companies in sector 71121 we hold annual accounts for 6,561. 3,937 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
71111Activities of building architects
Contact
E-mail
Admin@bbsts.be
Scores and ratios are computed by Checked and are not a credit decision.