STSS
The computed 12-month bankruptcy probability of STSS is 2.2% (moderate). The 2024 annual accounts show negative equity (€-633k) and a net result of €214k. Equity is growing by ~13.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 82 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-633k |
| Net result | €214k |
| Staff (FTE) | 18.8 |
| Better than sector | 5% |
Mixed profile: strong on stability, weaker on profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -182.0% | 31.7% | |
| Net result | €214k | €22k | |
| Equity | €-633k | €138k | |
| Gross operating margin | €977k | €188k | |
| Staff costs | €799k | €356k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €244k |
| Net profit | €214k |
| Cash flow | €225k |
| Staff costs | €799k |
| Income taxes | €3k |
| Dividends | - |
| Total assets | €348k |
| Equity | €-633k |
| Debt | €981k |
| of which ≤ 1y | €303k |
| of which > 1y | €600k |
| Working capital | €36k |
| Employees (FTE) | 18.8 |
| 2024 | |
|---|---|
| Current ratio | 1.12 |
| Quick ratio | 1.12 |
| Working capital ratio | 10.3% |
| Solvency | -182.0% |
| Debt / equity | -1.55 |
| Long-term debt ratio | -0.95 |
| Interest coverage | 15.27 |
| Gross margin | - |
| Net margin | - |
| ROA | 61.5% |
| ROE | -33.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €348k |
| Fixed assets | 21/28 | €9k |
| Tangible fixed assets | 22/27 | €9k |
| Current assets | 29/58 | €339k |
| Stocks & contracts in progress | 3 | €0 |
| Amounts receivable within one year | 40/41 | €293k |
| Cash & bank | 54/58 | €41k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €348k |
| Equity | 10/15 | €-633k |
| Contributions / capital | 10/11 | €9k |
| Accumulated profits (losses) | 14 | €-642k |
| Amounts payable | 17/49 | €981k |
| Amounts payable after one year | 17 | €600k |
| Amounts payable within one year | 42/48 | €303k |
| Trade debts payable within one year | 44 | €104k |
| Income statement | ||
| Gross operating margin | 9900 | €977k |
| Operating result | 9901 | €233k |
| Financial charges | 65 | €16k |
| Result before taxes | 9903 | €217k |
| Income taxes | 67/77 | €3k |
| Net result for the period | 9904 | €214k |
| Result to be appropriated | 9905 | €214k |
| NACE primary | 42220 |
| Legal form | Private limited company(610) |
| Incorporation | 12-02-2021 |
| Status | Active |
| Postal code | 1930 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72502E0102/00D154 | Flanders | 5,323 m² | 1 · 747 m² | 7.6 m · 1 fl. |
| 23094D0289/00F000 | Flanders | 736 m² | 1 · 269 m² | 10.6 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
09-07-2025 Moore Audit bv appointed as statutory auditor
- Moore Audit bv, Commissaris
Technical details
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"co_filed_documents": [],
"corrected_publication_numac": null
}08-08-2024 Olivier COLLIGNON resigns as director
- Olivier COLLIGNON, Bestuurder
Technical details
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"evidence_quote": "De kennisname door de Algemene Vergadering der Aandeelhouders van het ontslag van de heer Olivier COLLIGNON, wonende te 2550 Kontich, Keizershoek 342, als bestuurder van de Vennootschap met ingang van 21 mei 2024.",
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"notary": {
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"office_city": "Zaventem",
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}16-06-2022 Registered office moved from Linter to Zaventem
- Droogstraat 45, 3350 Linter → 1930 Zaventem, Olmenstraat 64
Technical details
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"street": "Olmenstraat",
"country": "BE",
"postcode": "1930",
"box_number": null,
"street_number": "64",
"locality_suffix": null
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"statute_article_number": null,
"effective_date_qualifier": "immediate",
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"notary": {
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"office_city": "LEUVEN",
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"co_filed_documents": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | STSS |