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 63 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
44 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
STSS from Pelt, company number BE0763568657, closed financial year 2025 with a result of € 330,183 after tax. For that financial year STSS recorded a gross margin of € 1.4 million and equity of € -302,845. Compared with financial year 2024, the result moved from € 213,990 to € 330,183. 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 June 29, 2026.
€ -302,845
▲ € 330,183 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 330,183
▲ 54% vs 2024
Profit after tax over the fiscal year.
€ 140,284
▲ 245% 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 € -311,845.
People and assets in 2025
22.5
▲ 3.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 34% vs 2024
€ 47,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 3,790
▼ 56% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 450,000
Loans from banks and other lenders, long and short.
€ 273,234
▲ 163% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 251,676
▲ 26% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 791,355 | € 959,828 | € 977,413 | € 1,439,435 | ▲ 47% |
| Profit after taxes | € -867,991 | € 11,973 | € 213,990 | € 330,183 | ▲ 54% |
| Equity | € -858,991 | € -847,019 | € -633,028 | € -302,845 | ▲ € 330,183 |
| Total debts | € 1,120,402 | € 1,360,326 | € 980,754 | € 981,251 | |
| Cash | - | - | € 40,648 | € 140,284 | ▲ 245% |
| Retained profit | € -867,991 | € -856,019 | € -642,028 | € -311,845 | ▲ € 330,183 |
| Bank debt | € 713,047 | € 268,445 | € 0 | € 450,000 | |
| Balance sheet total | € 261,411 | € 513,307 | € 347,726 | € 678,405 | ▲ 95% |
| Employees (FTE) | 19.9 | 16.3 | 18.8 | 22.5 | ▲ 3.7 |
Key figures of STSS, 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 STSS?
What happened at STSS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 330,183 (▲ 54% vs 2024). Source: NBB ↗
- Werkhofs BV became a director. NBB
- QM BV became a director. NBB
- New establishment in Zaventem. KBO
- Start of the company according to the CBE. KBO
In short
From € 867,991 loss in 2022 to € 330,183 profit in 2025.
Paid € 10,887 in corporate taxes since 2022.
Best year ever: 2025, with € 330,183 profit.
On average € 64,000 of value added per employee in 2025.
Management
The stake of Q Contractors comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
STSSBehind STSS are Werkhofs BV and QM BV. The shares are held by Algemene Participatie Kerkhofs (100%) and Q Contractors (50%).
Directors
According to the 2025 annual accounts
Director · represented by Ward Kerkhofs
Also active at: VEREECKE, APK Drilling, APK infra, K-Boringen, Travaux Voiries et Conduites, Q MACHINERY, VERFAILLIE - LEROY EN C°, APK Infra West +18 more
since 2026
Director · represented by Maarten Broens
Also active at: VEREECKE, APK Drilling, APK infra, K-Boringen, Travaux Voiries et Conduites, Q MACHINERY, VERFAILLIE - LEROY EN C°, APK Infra West +27 more
since 2026
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Haltstraat 50
3900 Pelt
Olmenstraat 64
1930 Zaventem
Active since 12 February 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 44 companies are registered at this address.
All companies at this address →VEREECKE same network
€ 25.3 million revenue · 2025
APK infra same network
€ 164.9 million revenue · 2025
VERGA
€ 51,534 gross margin · 2026
Q MACHINERY same network
€ 32.8 million revenue · 2025
VERFAILLIE - LEROY EN C° same network
€ 1.4 million gross margin · 2025
+39 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0763.568.657
- VAT number
- BE 0763.568.657
- Registered office
- Haltstraat 50, 3900 Pelt
- Names & denominations
- STSS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 February 2021
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Bouw van civieltechnische werken voor elektriciteit en telecommunicatie