Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 44 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
STS Constructies from Gent, company number BE0859780284, closed financial year 2025 with a result of € -44,369 after tax. For that financial year STS Constructies recorded a gross margin of € 18,813 and equity of € 59,097. Compared with financial year 2024, the result moved from € 46 to € -44,369. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 59,097
▼ 43% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -44,369
▼ still € 46 profit in 2024
Profit after tax over the fiscal year.
€ 131
▼ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 40,497.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 16,203
▼ 83% 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.
€ 3,102
▼ 76% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 117,903
▼ 18% vs 2024
€ 13,966 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 19,059
▼ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 97
▼ 99% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 164,126 | € 148,125 | € 142,953 | € 18,813 | ▼ 87% |
| Profit after taxes | € 23,109 | € 12,991 | € 46 | € -44,369 | ▼ € 44,415 |
| Equity | € 124,595 | € 126,420 | € 103,466 | € 59,097 | ▼ 43% |
| Total debts | € 259,977 | € 221,322 | € 188,510 | € 162,167 | ▼ 14% |
| Cash | € 327 | € 4,619 | € 5,173 | € 131 | ▼ 97% |
| Land & buildings | € 233,478 | € 210,684 | € 187,891 | € 165,097 | ▼ 12% |
| Retained profit | € 105,995 | € 107,820 | € 84,866 | € 40,497 | ▼ 52% |
| Dividend | € 11,076 | € 11,166 | € 23,000 | € 0 | ▼ 100% |
| Bank debt | € 205,567 | € 173,442 | € 144,310 | € 117,903 | ▼ 18% |
| Balance sheet total | € 384,572 | € 347,742 | € 291,976 | € 221,264 | ▼ 24% |
Key figures of STS Constructies, 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 Constructies?
What happened at STS Constructies in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 44,369 (▼ € 44,415 vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Gent. KBO
In short
From € 23,109 profit in 2022 to € 44,369 loss in 2025.
Paid € 16,750 in corporate taxes since 2022.
Best year ever: 2022, with € 23,109 profit.
Paid out € 45,242 in dividends to the owners in total.
Management
Behind STS Constructies is Stefan Smessaert.
Directors
According to the 2025 annual accounts
Stefan Smessaert
Director
Establishments
Establishment units
Physical locations of this company
Rechtstraat 36
9042 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0859.780.284
- VAT number
- BE 0859.780.284
- Registered office
- Rechtstraat 36, 9042 Gent
- Names & denominations
- STS Constructies
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 July 2003
- Peppol
- Active · Active since 30 Jan 2025
- Activities · NACE
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