STS Engineering

Active

Private limited companyfounded 20206 yrs activeTer Schure(STJ) 2, 9982 Sint-Laureins, BelgiumKBO/BCE: BE 0745.385.315

The computed 12-month bankruptcy probability of STS Engineering is 1.6% (moderate). The 2025 annual accounts show equity of €70k and a net result of €25k. Equity is growing by ~16.8% per year across the filed fiscal years. Its solvency ranks better than 46% of 9384 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

83 / 100

Excellent▼ -17 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency89▼-11

Growth52▼-26

Stability100

Bankruptcy probability, 12 months

1.6% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €6k at 30 days acceptable

Liquidity ample (current ratio 1.72 against 2.64 in 2024), but 50% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 25

Relative position

BE, all sectors

reference

Sector 25

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

50%

Return on assets

17.8%

Age of the figures

8 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-05-2026, 70 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

70 d early

2024

31 d early

2023

on the day

2022

3 d early

2021

31 d early

← before the deadline after the deadline →

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 months

Position in the running window

15-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€70k▼ 26.1%

2024 · €95k

2021: €42k 2022: €52k 2023: €63k 2024: €95k

2021 → 2025

Total assets

€141k▼ 1.8%

2024 · €143k

2021: €160k 2022: €145k 2023: €125k 2024: €143k

2021 → 2025

Net result

€25k▼ 22.4%

2024 · €32k

2021: €32k 2022: €11k 2023: €11k 2024: €32k

2021 → 2025

Working capital

€51k▼ 35.7%

2024 · €79k

2021: €4k 2022: €26k 2023: €42k 2024: €79k

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€42k-€52k▲ 25.2%€63k▲ 20.7%€95k▲ 51.4%€70k▼ 26.1%

Operating result€41k-€18k▼ 56.7%€16k▼ 12.5%€42k▲ 168%€35k▼ 15.9%

Net result€32k-€11k▼ 66.8%€11k▲ 2.7%€32k▲ 200%€25k▼ 22.4%

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 16% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €141k

14.0%

86.0%

Fixed assets €20k▲ 19.8%

Current assets €121k▼ 4.6%

Equity and liabilities €141k

50.0%

Equity €70k▼ 26.1%

Debt €70k▲ 46.5%

The debt ratio rises from 33.5% to 50.0%: debt grows while equity shrinks.

Key figures and ratios

2025 value · change against 2024

EBITDA

€47k▼

2024 · €60k

Cash flow

€37k▼

2024 · €50k

Solvency

50.0%▼

2024 · 66.5%

Current ratio

1.72▼

2024 · 2.64

Quick ratio

1.72▼

2024 · 2.58

Debt / equity

1.00▲

2024 · 0.50

ROE

35.7%▲

2024 · 34.0%

ROA

17.8%▼

2024 · 22.6%

Interest coverage

97.63▲

2024 · 71.74

Debt

€70k▲

2024 · €48k

Debt ≤ 1 year

€70k▲

2024 · €48k

Income taxes

€7k▼

2024 · €9k

Staff costs

€48k▲

2024 · €48k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€143k€141k▼

Fixed assets21/28€16k€20k▲

Tangible fixed assets22/27€16k€18k▲

Plant, machinery and equipment23€8k€4k▼

Furniture and vehicles24€8k€14k▲

Financial fixed assets28€600€2k▲

Current assets29/58€127k€121k▼

Stocks and contracts in progress3€3k-

Stocks30/36€3k-

Amounts receivable within one year40/41€37k€20k▼

Trade receivables40€37k€18k▼

Other amounts receivable41-€2k

Cash at bank and in hand54/58€87k€101k▲

Equity and liabilities

Total equity and liabilities10/49€143k€141k▼

Equity10/15€95k€70k▼

Contributions10/11€10k€10k=

Reserves13€85k€60k▼

Distributable reserves133€85k€60k▼

Amounts payable17/49€48k€70k▲

Amounts payable within one year42/48€48k€70k▲

Current portion of amounts payable after more than one year42€10k-

Trade debts44€4k€3k▼

Suppliers440/4€4k€3k▼

Taxes, remuneration and social security45€32k€17k▼

Taxes450/3€23k€11k▼

Remuneration and social security454/9€9k€6k▼

Other amounts payable47/48€2k€51k▲

Income statement Code20242025

Remuneration, social security and pensions62€48k€48k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€12k▼

Other operating charges640/8€1k€3k▲

Gross operating margin9900€109k€98k▼

Operating profit (loss)9901€42k€35k▼

Financial income75/76B€100€99▼

Recurring financial income75€100€99▼

Financial charges65/66B€835€3k▲

Recurring financial charges65€835€480▼

Non-recurring financial charges66B-€3k

Profit (loss) for the period before taxes9903€41k€32k▼

Income taxes67/77€9k€7k▼

Profit (loss) for the period9904€32k€25k▼

Profit (loss) for the period to be appropriated9905€32k€25k▼

Appropriation of the result

Profit (loss) to be appropriated9906€32k€25k▼

Transfer from equity791/2-€25k

Transfer to equity691/2€32k-

To other reserves6921€32k-

Profit to be distributed694/7-€50k

Return on contributions (dividend)694-€50k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 7Financial 2Filings 5

Next filing, fiscal year 2026, expected by 31-07-2027

2026

22-05

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

30-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Highest result since 2021net €32k ▲200%

Operating result €42k, net result €32k, both a record.

31-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

28-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Weakest financial yearnet €11k ▼66.8%

Net result drops to €11k, the lowest in the series; recovery starts the following year.

30-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Sint-Laureins · 1 establishment unit since 2020

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Ter Schure(STJ) 29982 Sint-Laureins

Ground area

535 m²

Building footprint

119 m²

Volume, LiDAR

600 m³

Parcel 43013C0546/00B002, Flanders · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

STS Engineering

Ter Schure(STJ) 2, 9982 Sint-LaureinsManufacture of metal structures and parts of structures

since 20202.300.367.371

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
43013C0546/00B002	Flanders	535 m²	1 · 119 m²	6.4 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

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

2022 · 1 entry · 207 EUR awarded · 207 EUR paid

Year	Entries	awarded	paid
2022	1	207 EUR	207 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

1 entry · 207 EUR · 207 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Recognised contractor

7 categories

STS Engineering BV44108

category D20, class 1 · category D7, class 1 · category F, class 1 · category F1, class 1 · category F2, class 1 · category K, class 1 · category K1, class 1

decision 10-09-2024