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STS SERVICES

Active
Private limited companyfounded 200917 yrs activeKarnemelkstraat 10, 9060 Zelzate, BelgiumKBO/BCE: BE 0811.657.002

STS SERVICES has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €379k and a net result of €55k. Equity is growing by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 71% of 1512 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
74 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+38
Solvency81▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.98 against 2.71 in 2024; short-term debt: 15.4% and cash: 8.6% of total assets), and 43.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← 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 2025
Solvency, return and age of the figures
Solvency
56.1%
Return on assets
8.1%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 17 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-09-2026, 41 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 · 10 filings
Deviation from the deadline
2025
41 d late
2024
28 d late
2023
22 d late
2022
22 d late
2021
60 d late
2020
43 d early
2019
91 d late
← before the deadline after the deadline →
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 months
Position in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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
€379k▼ 6.4%
2024 · €405k
2018: €290k 2019: €319k 2020: €291k 2021: €280k 2022: €309k 2023: €397k 2024: €405k
2018 → 2025
Total assets
€676k▼ 10.7%
2024 · €757k
2018: €1.01M 2019: €1.13M 2020: €1.26M 2021: €1.13M 2022: €923k 2023: €953k 2024: €757k
2018 → 2025
Net result
€55k▲ 1,944%
2024 · €3k
2018: €42k 2019: €29k 2020: €-28k 2021: €-11k 2022: €29k 2023: €18k 2024: €3k
2018 → 2025
Working capital
€311k▲ 86.9%
2024 · €166k
2018: €12k 2019: €-10k 2020: €-35k 2021: €-26k 2022: €50k 2023: €206k 2024: €166k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€280k-€309k▲ 10.5%€397k▲ 28.3%€405k▲ 2.2%€379k▼ 6.4%
Operating result€5k-€46k▲ 751%€25k▼ 46.4%€-47k€32k
Net result€-11k-€29k€18k▼ 38.7%€3k▼ 85.1%€55k▲ 1,944%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50kOperating result 2021: €5k€5kNet result 2021: €-11k€-11kOperating result 2022: €46k€46kNet result 2022: €29k€29kOperating result 2023: €25k€25kNet result 2023: €18k€18kOperating result 2024: €-47k€-47kNet result 2024: €3k€3kOperating result 2025: €32k€32kNet result 2025: €55k€55k20212022202320242025
The operating result returns to profit in 2025: €32k after a loss of €47k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €676k
Fixed assets €261k▼ 47.2%
Current assets €415k▲ 57.6%
Equity and liabilities €676k
Equity €379k▼ 6.4%
Debt €297k▼ 15.6%
The debt ratio falls from 46.5% to 43.9%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€78k
2024 · €28k
Cash flow
€100k
2024 · €78k
Solvency
56.1%
2024 · 53.5%
Current ratio
3.98
2024 · 2.71
Quick ratio
3.98
2024 · 2.71
Debt / equity
0.78
2024 · 0.87
ROE
14.5%
2024 · 0.7%
ROA
8.1%
2024 · 0.4%
Interest coverage
9.46
2024 · 2.66
Debt
€297k
2024 · €352k
Debt ≤ 1 year
€104k
2024 · €97k
Debt > 1 year
€188k
2024 · €253k
Income taxes
€10k
2024 · €5k
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€757k€676k
Fixed assets21/28€493k€261k
Tangible fixed assets22/27€493k€261k
Land and buildings22€452k€247k
Plant, machinery and equipment23€9k€6k
Furniture and vehicles24€33k€8k
Current assets29/58€264k€415k
Amounts receivable after more than one year29€13k€74k
Other amounts receivable291€13k€74k
Amounts receivable within one year40/41€240k€280k
Trade receivables40€198k€259k
Other amounts receivable41€42k€21k
Cash at bank and in hand54/58€11k€58k
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€757k€676k
Equity10/15€405k€379k
Contributions10/11€19k€19k=
Reserves13€334k€308k
Tax-exempt reserves132€147k€115k
Distributable reserves133€188k€193k
Profit (loss) carried forward14€53k€53k=
Amounts payable17/49€352k€297k
Amounts payable after more than one year17€253k€188k
Financial debts170/4€253k€188k
Amounts payable within one year42/48€97k€104k
Current portion of amounts payable after more than one year42€80k€39k
Trade debts44€7k€39k
Suppliers440/4€7k€39k
Taxes, remuneration and social security45€6k€21k
Taxes450/3€6k€21k
Other amounts payable47/48€4k€5k
Accrued charges and deferred income492/3€2k€4k
Income statement Code20242025
Non-recurring operating income76A€93k€57k
Remuneration, social security and pensions62€124-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€75k€45k
Other operating charges640/8€17k€16k
Gross operating margin9900€46k€94k
Operating profit (loss)9901€-47k€32k
Financial income75/76B€25€409
Recurring financial income75€25€409
Financial charges65/66B€11k€8k
Recurring financial charges65€11k€8k
Profit (loss) for the period before taxes9903€-57k€25k
Transfer from deferred taxes780€65k€40k
Income taxes67/77€5k€10k
Profit (loss) for the period9904€3k€55k
Profit (loss) for the period to be appropriated9905€3k€55k
Appropriation of the result
Profit (loss) to be appropriated9906€55k€107k
Profit (loss) brought forward from the previous period14P€53k€53k=
Transfer to equity691/2€3k€55k
To other reserves6921€3k€55k

The notes to these accounts (7 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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
10-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 41 days late
2025
31-12
Financial Highest result since 2018net €55k ▲1944%
Net result €55k, the highest in the series.
28-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
22-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
22-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 22 days late
2022
31-12
Financial Back to profitnet €29k
Net result €29k after 2 loss-making years.
29-09
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 60 days late
2021
18-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Weakest financial yearnet €-28k ▼195%
Net result drops to €-28k, the lowest in the series; recovery starts the following year.
30-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
23-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 9 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
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, Zelzate · 1 establishment unit since 2009
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.

Karnemelkstraat 109060 Zelzate
Ground area
2,028 m²
Building footprint
627 m²
Volume, LiDAR
3,592 m³
Parcel 43302B0430/00T003, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
STS SERVICES
Karnemelkstraat 10, 9060 ZelzateSupport activities for crop production
since 20092.178.323.258
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
43302B0430/00T003 Flanders 2,028 m² 1 · 627 m² 8.0 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.

Similar companies · same sector, comparable size

Of 361 companies in sector 77120 we hold annual accounts for 233. 163 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded11-05-2009
Fiscal year end31-12
Activities, NACEBEL
77120Rental and leasing activities
01430Raising of horses and other equines
01610Support activities for crop production
49410Freight transport by road
68110Buying and selling of own real estate
68204Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.