Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 7.4 to 0.9.
Financials
Financial year 2025
STS SERVICES & LOGISTICS from Zelzate, company number BE0739830282, closed financial year 2025 with a result of € 41,623 after tax. For that financial year STS SERVICES & LOGISTICS recorded a gross margin of € 136,656 and equity of € -319,385. Compared with financial year 2024, the result moved from € -4,587 to € 41,623. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 10, 2026.
€ -319,385
▲ € 41,623 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 41,623
▲ still € 4,587 loss in 2024
Profit after tax over the fiscal year.
€ 28,541
▲ € 28,196 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -329,385.
People and assets in 2025
0.9
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 77,773
▼ 52% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,134
▼ 47% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 205,791
▲ 58% vs 2024
€ 143,656 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 262,203
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 34,266
▼ 38% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 499,553 | € 256,459 | € 188,296 | € 136,656 | ▼ 27% |
| Profit after taxes | € -141,374 | € -188,836 | € -4,587 | € 41,623 | ▲ € 46,210 |
| Equity | € -167,585 | € -356,420 | € -361,008 | € -319,385 | ▲ € 41,623 |
| Total debts | € 391,438 | € 555,252 | € 479,295 | € 510,249 | ▲ 6% |
| Cash | - | € 37,239 | € 345 | € 28,541 | ▲ € 28,196 |
| Retained profit | € -177,585 | € -366,420 | € -371,008 | € -329,385 | ▲ € 41,623 |
| Bank debt | € 109,394 | € 125,000 | € 130,572 | € 205,791 | ▲ 58% |
| Balance sheet total | € 223,854 | € 198,832 | € 118,287 | € 190,864 | ▲ 61% |
| Employees (FTE) | 10.3 | 7.4 | 1 | 0.9 | ▼ 0.1 |
Key figures of STS SERVICES & LOGISTICS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to STS SERVICES & LOGISTICS?
What happened at STS SERVICES & LOGISTICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 41,623. filed late Source: NBB ↗
- New establishment in Zelzate. KBO
- Start of the company according to the CBE. KBO
In short
From € 141,374 loss in 2022 to € 41,623 profit in 2025.
Best year ever: 2025, with € 41,623 profit.
On average € 188,300 of value added per employee in 2024.
Establishments
Establishment units
Physical locations of this company
Karnemelkstraat 10
9060 Zelzate
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0739.830.282
- VAT number
- BE 0739.830.282
- Registered office
- Karnemelkstraat 10, 9060 Zelzate
- Names & denominations
- STS SERVICES & LOGISTICS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 2019
- Peppol
- Active · Active since 20 Jul 2026
- Activities · NACE
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