STS CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of STS CONSTRUCT is 2.2% (moderate). The 2025 annual accounts show equity of €92k and a net result of €28k. Equity is growing by ~31.4% per year across the filed fiscal years. Its solvency ranks better than 32% of 27965 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability61▼-16
Solvency56▼-5
Growth52=
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 1.51 against 1.46 in 2024; short-term debt: 60.4% and cash: 2.2% of total assets), but 69% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
31%
Return on assets
9.5%
Age of the figures
12 mo
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 17-07-2026, 78 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
78 d late
2024
161 d late
2023
30 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€92k▲ 44.5%
2024 · €64k
2023: €52klowest in 3 years
2024: €64k▲ +22.3% vs 2023
2025: €92k▲ +44.5% vs 2024highest in 3 years
2023 → 2025
Total assets
€297k▲ 66.3%
2024 · €179k
2023: €130klowest in 3 years
2024: €179k▲ +37.7% vs 2023
2025: €297k▲ +66.3% vs 2024highest in 3 years
2023 → 2025
Net result
€28k▲ 144%
2024 · €12k
2023: €49khighest in 3 years
2024: €12k▼ -76.3% vs 2023lowest in 3 years
2025: €28k▲ +144% vs 2024
2023 → 2025
Working capital
€91k▲ 102%
2024 · €45k
2023: €30klowest in 3 years
2024: €45k▲ +51.9% vs 2023
2025: €91k▲ +102% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€52k-€64k▲ 22.3%€92k▲ 44.5%
2023: €52klowest in 3 years
2024: €64k▲ +22.3% vs 2023
2025: €92k▲ +44.5% vs 2024highest in 3 years
Operating result€68k-€18k▼ 73.2%€39k▲ 118%
2023: €68khighest in 3 years
2024: €18k▼ -73.2% vs 2023lowest in 3 years
2025: €39k▲ +118% vs 2024
Net result€49k-€12k▼ 76.3%€28k▲ 144%
2023: €49khighest in 3 years
2024: €12k▼ -76.3% vs 2023lowest in 3 years
2025: €28k▲ +144% 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 recovers in 2025; 2025 is 118% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €297k
Fixed assets
€27k ▼ 24.2%
Current assets
€270k ▲ 88.4%
Equity and liabilities €297k
Equity
€92k ▲ 44.5%
Debt
€205k ▲ 78.4%
Debt's share of the balance-sheet total rises from 64.3% to 69.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€50k▲
2024 · €28k
Cash flow
€39k▲
2024 · €22k
Current ratio
1.51▲
2024 · 1.46
Quick ratio
1.49▲
2024 · 1.32
Debt to equity
2.23▲
2024 · 1.80
ROE
30.8%▲
2024 · 18.2%
ROA
9.5%▲
2024 · 6.5%
Debt ≤ 1 year
€179k▲
2024 · €98k
Debt > 1 year
€26k▲
2024 · €16k
Income taxes
€11k▲
2024 · €5k
Staff costs
€224▼
2024 · €646
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€179k€297k▲
Fixed assets21/28€35k€27k▼
Intangible fixed assets21€825€725▼
Tangible fixed assets22/27€34k€25k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€31k€23k▼
Financial fixed assets28€400€514▲
Current assets29/58€143k€270k▲
Stocks and contracts in progress3€13k€3k▼
Stocks30/36€13k€3k▼
Amounts receivable within one year40/41€110k€252k▲
Trade receivables40€105k€241k▲
Other amounts receivable41€5k€11k▲
Cash at bank and in hand54/58€19k€7k▼
Deferred charges and accrued income490/1€2k€8k▲
Equity and liabilities
Total equity and liabilities10/49€179k€297k▲
Equity10/15€64k€92k▲
Contributions10/11€3k€3k=
Reserves13€61k€89k▲
Distributable reserves133€61k€89k▲
Amounts payable17/49€115k€205k▲
Amounts payable after more than one year17€16k€26k▲
Financial debts170/4€16k€26k▲
Amounts payable within one year42/48€98k€179k▲
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€71k€140k▲
Suppliers440/4€71k€140k▲
Taxes, remuneration and social security45€22k€12k▼
Taxes450/3€22k€12k▼
Other amounts payable47/48-€21k
Accrued charges and deferred income492/3-€5
Income statement
Code20242025
Remuneration, social security and pensions62€646€224▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€11k▲
Other operating charges640/8€1k€758▼
Gross operating margin9900€30k€51k▲
Operating profit (loss)9901€18k€39k▲
Financial income75/76B€4-
Recurring financial income75€4-
Financial charges65/66B€1k-
Recurring financial charges65€1k-
Profit (loss) for the period before taxes9903€17k€39k▲
Income taxes67/77€5k€11k▲
Profit (loss) for the period9904€12k€28k▲
Profit (loss) for the period to be appropriated9905€12k€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€28k▲
Transfer to equity691/2€12k€28k▲
To other reserves6921€12k€28k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €268 | €646 | €224 | ▼ 65.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €10k | €11k | ▲ 4.0% |
| Other operating charges640/8 | €455 | €1k | €758 | ▼ 44.9% |
| Gross operating margin9900 | €75k | €30k | €51k | ▲ 68.0% |
| Operating profit (loss)9901 | €68k | €18k | €39k | ▲ 118% |
| Financial income75/76B | €0 | €4 | - | - |
| Recurring financial income75 | €0 | €4 | - | - |
| Financial charges65/66B | €950 | €1k | - | - |
| Recurring financial charges65 | €950 | €1k | - | - |
| Profit (loss) for the period before taxes9903 | €67k | €17k | €39k | ▲ 131% |
| Income taxes67/77 | €17k | €5k | €11k | ▲ 103% |
| Profit (loss) for the period9904 | €49k | €12k | €28k | ▲ 144% |
| Profit (loss) for the period to be appropriated9905 | €49k | €12k | €28k | ▲ 144% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €130k | €179k | €297k | ▲ 66.3% |
| Fixed assets21/28 | €45k | €35k | €27k | ▼ 24.2% |
| Intangible fixed assets21 | €925 | €825 | €725 | ▼ 12.1% |
| Tangible fixed assets22/27 | €44k | €34k | €25k | ▼ 25.2% |
| Plant, machinery and equipment23 | €3k | €3k | €2k | ▼ 28.8% |
| Furniture and vehicles24 | €41k | €31k | €23k | ▼ 24.8% |
| Financial fixed assets28 | €400 | €400 | €514 | ▲ 28.6% |
| Current assets29/58 | €85k | €143k | €270k | ▲ 88.4% |
| Stocks and contracts in progress3 | €10k | €13k | €3k | ▼ 76.2% |
| Stocks30/36 | €10k | €13k | €3k | ▼ 76.2% |
| Amounts receivable within one year40/41 | €58k | €110k | €252k | ▲ 130% |
| Trade receivables40 | €53k | €105k | €241k | ▲ 129% |
| Other amounts receivable41 | €5k | €5k | €11k | ▲ 136% |
| Cash at bank and in hand54/58 | €15k | €19k | €7k | ▼ 64.3% |
| Deferred charges and accrued income490/1 | €1k | €2k | €8k | ▲ 417% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €130k | €179k | €297k | ▲ 66.3% |
| Equity10/15 | €52k | €64k | €92k | ▲ 44.5% |
| Contributions10/11 | €3k | €3k | €3k | = |
| Reserves13 | €49k | €61k | €89k | ▲ 46.7% |
| Distributable reserves133 | €49k | €61k | €89k | ▲ 46.7% |
| Amounts payable17/49 | €78k | €115k | €205k | ▲ 78.4% |
| Amounts payable after more than one year17 | €23k | €16k | €26k | ▲ 55.4% |
| Financial debts170/4 | €23k | €16k | €26k | ▲ 55.4% |
| Amounts payable within one year42/48 | €55k | €98k | €179k | ▲ 82.2% |
| Current portion of amounts payable after more than one year42 | €6k | €6k | €6k | ▲ 4.4% |
| Trade debts44 | €29k | €71k | €140k | ▲ 98.0% |
| Suppliers440/4 | €29k | €71k | €140k | ▲ 98.0% |
| Taxes, remuneration and social security45 | €16k | €22k | €12k | ▼ 44.6% |
| Taxes450/3 | €16k | €22k | €12k | ▼ 44.6% |
| Other amounts payable47/48 | €5k | - | €21k | - |
| Accrued charges and deferred income492/3 | - | - | €5 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €49k | €12k | €28k | ▲ 144% |
| + Depreciation and write-downs630 | €7k | €10k | €11k | ▲ 4.0% |
| Operating cash flow (approximation) | €56k | €22k | €39k | ▲ 78.4% |
| Investment in fixed assets (approximation) | - | €-330 | €-2k | ▼ 540% |
| Change in cash | - | €4k | €-12k | ▼ 442% |
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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 78 days late
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 161 days late
2024
30-09
Financial
Weakest financial yearnet €12k ▼76.3%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Liedekerke
Ground area
534 m²
Building footprint
121 m²
Volume, LiDAR
40 m³
Parcel 23762C0153/00G000, Flanders · tallest building 2.2 m. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23762C0153/00G000 | Flanders | 534 m² | 1 · 121 m² | 2.2 m |
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.
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Of 11,135 companies in sector 43910 we hold annual accounts for 5,489. 4,813 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
Founded21-09-2022
Fiscal year end30-09
Activities, NACEBEL 2025
43910Bricklaying and masonry work
43211General electrical installation work
43221Plumbing work
43230Insulation installation
43320Joinery installation
43350Other building finishing work
Scores and ratios are computed by Checked and are not a credit decision.