STS
ActiveSummary
STS has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €209,613 and a net result of €34,960. Equity has been growing by about 10% per year since 2018. Its solvency ranks better than 72% of 22,774 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 11-01-2001 Normal situation
- Activity
- Retail sale of information and communication equipment NACE 47400and 1 other
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.100.065.440 2500 Lier, since 01-02-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 04-09-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €338,603
- ▲ 29.5%
- Turnover
- ≈ €1.4m
- estimated
- Profit
- €34,960
- ▲ 150%
- Equity
- €209,613
- ▲ 13.5%
- Total assets
- €354,114
- ▲ 15.7%
- Employees on 31-12-2025
- 6
- =
Score breakdownraises risk1 of the last 3 accounts latelowers riskLiquidity: current ratio 2.53, cash €73,432Founded in 2001Equity €209,613 (59.2% of total assets)Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 72% of them on solvency, 70% on liquidity, 73% on profitability and 66% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 41 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 30-06-2026 at the NBB all 25 filings
Every figure per financial year
The operating result for 2025 is 104% higher than in 2024 and the highest since 2021. It is the fourth rise in a row.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 7 | 7 | 6 | 6 | 6 |
| full-time | 5 | 4 | 5 | 4 | 5 |
| part-time | 2 | 3 | 1 | 2 | 1 |
| in full-time equivalents | 7 | 6.8 | 6 | 5.3 | 6 |
| Average over the year, in full-time equivalents | 6.1 | 6.7 | 6.1 | 6.9 | 5.8 |
| On a permanent contract | 3 | 4 | 4 | 4 | 4 |
| Joined | 2 | 4 | 4 | 5 | 5 |
| Left | 2 | 3 | 4 | 4 | 4 |
| Training hours | 224 | 8 | 240 | - | 84 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €12,623 | €8,847 | €88,281 | €1,867 | €31,864 |
| Financial fixed assets | - | - | - | €25 | - |
| Depreciation and write-downs of the year | €5,203 | €4,955 | €14,885 | €23,027 | €22,601 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2025 · 9 entries · €10,445 awarded · €10,445 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 3 | €3,479 | €3,479 |
| 2024 | 2 | €2,000 | €2,716 |
| 2023 | 2 | €1,966 | €1,250 |
| 2022 | 2 | €3,000 | €3,000 |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €905 | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €201,337 | €208,023 | €219,731 | €200,307 | €248,763 | ▲ 24.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,951 | €14,247 | €3,727 | €5,203 | €4,955 | €14,885 | €23,027 | €22,601 | ▼ 1.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €4,281 | €576 | - | €657 | - |
| Other operating charges640/8 | - | - | - | €8,874 | €14,206 | €13,688 | €10,674 | €10,304 | ▼ 3.5% |
| Non-recurring operating charges66A | - | - | - | - | - | - | - | €280 | - |
| Gross operating margin9900 | €160,020 | €223,158 | €257,015 | €210,380 | €244,338 | €269,683 | €261,415 | €338,603 | ▲ 29.5% |
| Operating profit (loss)9901 | €5,918 | €41,808 | €73,882 | -€5,034 | €12,873 | €20,801 | €27,408 | €55,998 | ▲ 104% |
| Financial income75/76B | - | - | - | €592 | €458 | €438 | €780 | €863 | ▲ 10.6% |
| Recurring financial income75 | €497 | €558 | €1,790 | €592 | €458 | €438 | €780 | €863 | ▲ 10.6% |
| Financial charges65/66B | - | - | - | €5,314 | €3,168 | €1,857 | €5,923 | €6,295 | ▲ 6.3% |
| Recurring financial charges65 | €1,745 | €1,508 | €1,773 | €5,074 | €2,927 | €1,857 | €5,923 | €6,295 | ▲ 6.3% |
| Non-recurring financial charges66B | - | - | - | €240 | €241 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €4,670 | €40,858 | €73,899 | -€9,756 | €10,163 | €19,382 | €22,265 | €50,567 | ▲ 127% |
| Income taxes67/77 | €278 | €3,853 | €11,982 | €482 | €5,895 | €7,966 | €8,303 | €15,607 | ▲ 88.0% |
| Profit (loss) for the period9904 | €4,393 | €37,005 | €61,917 | -€10,239 | €4,268 | €11,416 | €13,962 | €34,960 | ▲ 150% |
| Profit (loss) for the period to be appropriated9905 | €4,393 | €37,005 | €61,917 | -€10,239 | €4,268 | €11,416 | €13,962 | €34,960 | ▲ 150% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €217,190 | €259,429 | €265,809 | €313,195 | €238,000 | €310,641 | €306,142 | €354,114 | ▲ 15.7% |
| Fixed assets21/28 | €15,599 | €7,457 | €10,387 | €17,567 | €21,219 | €94,615 | €73,480 | €82,463 | ▲ 12.2% |
| Intangible fixed assets21 | €4,263 | €3,730 | €3,197 | €2,665 | €2,132 | €1,599 | €1,066 | €533 | ▼ 50.0% |
| Tangible fixed assets22/27 | €11,001 | €3,391 | €6,854 | €14,567 | €18,752 | €92,680 | €72,054 | €81,569 | ▲ 13.2% |
| Plant, machinery and equipment23 | - | - | - | €5,478 | €5,458 | €6,788 | €6,005 | €8,599 | ▲ 43.2% |
| Furniture and vehicles24 | - | - | - | €4,436 | €8,501 | €81,977 | €61,988 | €65,207 | ▲ 5.2% |
| Other tangible fixed assets26 | - | - | - | €4,653 | €4,792 | €3,915 | €4,060 | €7,763 | ▲ 91.2% |
| Financial fixed assets28 | €336 | €336 | €336 | €336 | €336 | €336 | €361 | €361 | = |
| Current assets29/58 | €201,590 | €251,972 | €255,423 | €295,628 | €216,781 | €216,026 | €232,662 | €271,651 | ▲ 16.8% |
| Stocks and contracts in progress3 | €95,144 | €86,333 | €74,675 | €133,373 | €112,360 | €89,763 | €91,986 | €83,699 | ▼ 9.0% |
| Stocks30/36 | - | - | - | €133,373 | €112,360 | €89,763 | €91,986 | €83,699 | ▼ 9.0% |
| Amounts receivable within one year40/41 | €97,658 | €157,918 | €59,859 | €55,192 | €21,611 | €38,573 | €53,236 | €108,229 | ▲ 103% |
| Trade receivables40 | - | - | - | €53,175 | €19,594 | €37,539 | €52,202 | €108,229 | ▲ 107% |
| Other amounts receivable41 | - | - | - | €2,018 | €2,018 | €1,034 | €1,034 | - | - |
| Cash at bank and in hand54/58 | €8,478 | €6,040 | €119,351 | €105,856 | €80,714 | €83,126 | €80,787 | €73,432 | ▼ 9.1% |
| Deferred charges and accrued income490/1 | - | - | - | €1,206 | €2,096 | €4,564 | €6,653 | €6,292 | ▼ 5.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €217,190 | €259,429 | €265,809 | €313,195 | €238,000 | €310,641 | €306,142 | €354,114 | ▲ 15.7% |
| Equity10/15 | €66,324 | €103,329 | €165,246 | €155,007 | €159,275 | €170,691 | €184,653 | €209,613 | ▲ 13.5% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €20,460 | €20,460 | €20,460 | = |
| Reserves13 | €47,724 | €84,729 | €146,646 | €136,407 | €140,675 | €150,231 | €164,193 | €189,153 | ▲ 15.2% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €27,500 | €27,500 | €27,500 | €27,500 | €27,500 | = |
| Distributable reserves133 | - | - | - | €107,047 | €111,315 | €122,731 | €136,693 | €161,653 | ▲ 18.3% |
| Amounts payable17/49 | €150,866 | €156,100 | €100,563 | €158,188 | €78,725 | €139,950 | €121,489 | €144,501 | ▲ 18.9% |
| Amounts payable after more than one year17 | €21,742 | €24,475 | €15,909 | €2,894 | - | €51,761 | €40,765 | €37,049 | ▼ 9.1% |
| Financial debts170/4 | - | - | - | €2,894 | - | €51,761 | €40,765 | €37,049 | ▼ 9.1% |
| Amounts payable within one year42/48 | €129,124 | €131,625 | €84,654 | €155,293 | €78,725 | €88,189 | €80,724 | €107,452 | ▲ 33.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €30,525 | €27,434 | €27,579 | €27,663 | €36,227 | ▲ 31.0% |
| Trade debts44 | €30,363 | - | €7,734 | €74,114 | €9,643 | €19,996 | €19,724 | €22,713 | ▲ 15.2% |
| Suppliers440/4 | - | - | - | €74,114 | €9,643 | €19,996 | €19,724 | €22,713 | ▲ 15.2% |
| Taxes, remuneration and social security45 | - | - | - | €40,987 | €34,419 | €33,581 | €25,514 | €40,674 | ▲ 59.4% |
| Taxes450/3 | - | - | - | €5,694 | €13,621 | €16,615 | €6,797 | €17,670 | ▲ 160% |
| Remuneration and social security454/9 | - | - | - | €35,293 | €20,798 | €16,966 | €18,717 | €23,004 | ▲ 22.9% |
| Other amounts payable47/48 | - | - | - | €9,667 | €7,229 | €7,032 | €7,823 | €7,838 | ▲ 0.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,393 | €37,005 | €61,917 | -€10,239 | €4,268 | €11,416 | €13,962 | €34,960 | ▲ 150% |
| + Depreciation and write-downs630 | €11,951 | €14,247 | €3,727 | €5,203 | €4,955 | €14,885 | €23,027 | €22,601 | ▼ 1.8% |
| Operating cash flow (approximation) | €16,344 | €51,252 | €65,644 | -€5,036 | €9,222 | €26,301 | €36,988 | €57,561 | ▲ 55.6% |
| Investment in fixed assets (approximation) | - | -€6,104 | -€6,656 | -€12,384 | -€8,606 | -€88,281 | -€1,892 | -€31,584 | ▼ 1,569% |
| Change in cash | - | -€2,438 | €113,312 | -€13,495 | -€25,142 | €2,412 | -€2,339 | -€7,354 | ▼ 214% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 31,368 companies had the same profile as STS has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of STS itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for STS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 25 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-06-2026 | 2026-00235279 | |
| 31-12-2024 | micro format | 23-07-2025 | 2025-00305693 | |
| 31-12-2023 | micro format | 03-10-2024 | 2024-00493741 | |
| 31-12-2022 | micro format | 05-09-2023 | 2023-00432252 | |
| 31-12-2021 | micro format | 15-10-2022 | 2022-20463416 | |
| 31-12-2020 | micro format | 27-09-2021 | 2021-69800339 | |
| 31-12-2019 | micro format | 30-10-2020 | 2020-66700582 | |
| 31-12-2018 | micro format | 18-09-2019 | 2019-64800271 | |
| 31-12-2017 | micro format | 25-09-2018 | 2018-65100116 | |
| 31-12-2016 | micro format | 27-09-2017 | 2017-64500345 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 26-05-2023 Converted to unavailable equity · €20,460
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “1, algemene vergadering kan mandaat steeds beëindigen wegens wettige reden zonder opzeggingstermijn of vertrekvergoeding”
Articles of association, deed of 26-05-2023 (in Dutch)
Network & group
STS shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of STS. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
26-05
Gazette deed
Legal-form change · Resignations & appointmentsRegistered-office move · Transfer restriction · Legal-form conversion12 points ▸
- General meeting, “buitengewone algemene vergadering” (deed in Dutch)
- Registered-office move, Vlaamse Gewest
- Transfer restriction, “instemming van alle aandeelhouders” (deed in Dutch)
- Other provision, “van rechtswege van toepassing geworden, inregelbrenging met Wetboek van Vennootschappen en Verenigingen” (deed in Dutch)
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “beschikbaarstelling, statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Amendment of the articles
- Power of attorney, Jan Verreth
- Other provision, “onbepaalde duur, bevestiging aanstelling huidige bestuurder” (deed in Dutch)
- Power of attorney
- Registered-office move, 2500 Lier,Antwerpsesteenweg 449
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
6 activities
- Groot-en kleinhandel van alle computermaterialen zoals hard- en software,alle bijkomende apparatuur en communicatieapparatuur;
- Het geven van informatica opleidingen,alle consultancy en activiteiten aangaande informatisering,zoals programmatie,ontwikkelen van websites,het maken van administratieve programma’s op maat,de implementatie van informatiesystemen.
- Dit alles in de meest ruime zin.
- Deze opsomming is niet beperkend maar louter informatief.
- Ze zal alle roerende en onroerende goederen,die tot de verwezenlijking van haar voorwerp nodig zijn,mogen bezitten,hetzij in volle eigendom of in vruchtgebruik.
- De vennootschap kan alle verrichtingen uitvoeren die nodig of dienstig zijn tot verwezenlijking van haar voorwerp.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Dual-learning approval
3 live approvals · 13 endedShow 13 ended approvals
Sites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 12393F0694/00Z000 | Flanders | 947 m² | 1 · 264 m² | 8.0 m · 1 |