De Keyser
ActiveDe Keyser has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €300k and a net result of €69k. Equity is shrinking by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 36% of 8002 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77=
Solvency55▲+1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity tight (current ratio 1.39 against 1.36 in 2024; short-term debt: 69.7% and cash: 12.5% of total assets), and 69.7% 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 risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
30.3%
Return on assets
7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
69 d late
2023
61 d late
2022
29 d late
2021
79 d late
2020
89 d late
2019
117 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 monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€300k▼ 0.1%
2024 · €300k
2018: €367k
2019: €401k
2020: €376k
2021: €376k
2022: €376k
2023: €302k
2024: €300k
2018 → 2025
Total assets
€989k▼ 4.6%
2024 · €1.04M
2018: €912k
2019: €1.07M
2020: €1.11M
2021: €1.12M
2022: €1.11M
2023: €1.15M
2024: €1.04M
2018 → 2025
Net result
€69k▼ 4.2%
2024 · €72k
2018: €72k
2019: €33k
2020: €24k
2021: €33k
2022: €56k
2023: €69k
2024: €72k
2018 → 2025
Working capital
€266k▼ 0.1%
2024 · €266k
2018: €408k
2019: €424k
2020: €390k
2021: €369k
2022: €369k
2023: €292k
2024: €266k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€376k-€376k▲ 0.1%€302k▼ 19.7%€300k▼ 0.6%€300k▼ 0.1%
Operating result€43k-€65k▲ 51.7%€87k▲ 33.9%€126k▲ 44.7%€93k▼ 26.0%
Net result€33k-€56k▲ 69.2%€69k▲ 21.6%€72k▲ 4.8%€69k▼ 4.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 26% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €989k
Fixed assets
€34k=
Current assets
€955k▼ 4.8%
Equity and liabilities €989k
Equity
€300k▼ 0.1%
Debt
€689k▼ 6.5%
The debt ratio falls from 71.1% to 69.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€100k▼
2024 · €130k
Cash flow
€76k▼
2024 · €76k
Solvency
30.3%▲
2024 · 28.9%
Current ratio
1.39▲
2024 · 1.36
Quick ratio
1.01▼
2024 · 1.04
Debt / equity
2.30▼
2024 · 2.46
ROE
23.0%▼
2024 · 23.9%
ROA
7.0%▲
2024 · 6.9%
Interest coverage
9.96▼
2024 · 14.24
Debt
€689k▼
2024 · €737k
Debt ≤ 1 year
€689k▼
2024 · €737k
Income taxes
€31k▼
2024 · €46k
Staff costs
€295k▲
2024 · €243k
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€1.04M€989k▼
Fixed assets21/28€34k€34k=
Intangible fixed assets21-€4k
Tangible fixed assets22/27€34k€29k▼
Plant, machinery and equipment23€10k€8k▼
Furniture and vehicles24€888€607▼
Other tangible fixed assets26€23k€20k▼
Financial fixed assets28€422€922▲
Current assets29/58€1.00M€955k▼
Amounts receivable after more than one year29€396k€305k▼
Trade receivables290€396k€0▼
Other amounts receivable291-€305k
Stocks and contracts in progress3€235k€258k▲
Stocks30/36€235k€258k▲
Amounts receivable within one year40/41€261k€254k▼
Trade receivables40€247k€238k▼
Other amounts receivable41€13k€16k▲
Cash at bank and in hand54/58€107k€124k▲
Deferred charges and accrued income490/1€5k€15k▲
Equity and liabilities
Total equity and liabilities10/49€1.04M€989k▼
Equity10/15€300k€300k▼
Contributions10/11€19k€19k=
Reserves13€43k€27k▼
Distributable reserves133€43k€27k▼
Profit (loss) carried forward14€238k€254k▲
Amounts payable17/49€737k€689k▼
Amounts payable within one year42/48€737k€689k▼
Financial debts43€50k€50k=
Credit institutions430/8€50k€50k=
Trade debts44€338k€270k▼
Suppliers440/4€338k€270k▼
Advances received on contracts in progress46-€20k
Taxes, remuneration and social security45€109k€100k▼
Taxes450/3€72k€67k▼
Remuneration and social security454/9€37k€33k▼
Other amounts payable47/48€240k€249k▲
Income statement
Code20242025
Non-recurring operating income76A€0€24k▲
Remuneration, social security and pensions62€243k€295k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€7k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€7k€0▼
Other operating charges640/8€4k€12k▲
Non-recurring operating charges66A€1k€0▼
Gross operating margin9900€384k€407k▲
Operating profit (loss)9901€126k€93k▼
Financial income75/76B€1k€17k▲
Recurring financial income75€1k€17k▲
Financial charges65/66B€9k€10k▲
Recurring financial charges65€9k€10k▲
Profit (loss) for the period before taxes9903€118k€100k▼
Income taxes67/77€46k€31k▼
Profit (loss) for the period9904€72k€69k▼
Profit (loss) for the period to be appropriated9905€72k€69k▼
Appropriation of the result
Profit (loss) to be appropriated9906€312k€307k▼
Profit (loss) brought forward from the previous period14P€240k€238k▼
Transfer from equity791/2-€16k
Profit to be distributed694/7€74k€69k▼
Return on contributions (dividend)694€67k€64k▼
Employees696€6k€0▼
Other beneficiaries697-€5k
Social balance
Average headcount (FTE)90875.05.5▲
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 69 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
18-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 79 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 89 days late
2020
31-12
Financial
Weakest financial yearnet €24k ▼29%
Net result drops to €24k, the lowest in the series; recovery starts the following year.
25-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 117 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 57 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Schilde · 1 establishment unit since 1979
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.
Turnhoutsebaan 5562970 SchildeGround area
1,561 m²
Building footprint
700 m²
Volume, LiDAR
3,349 m³
Parcel 11922B0001/00M002, Flanders · tallest building 11.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Turnhoutsebaan 556, 2970 Schilde
since 19792.015.981.781
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11922B0001/00M002 | Flanders | 1,561 m² | 1 · 700 m² | 11.3 m · 1 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.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 159 EUR awarded · 159 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 159 EUR |
| 2023 | 1 | 159 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
DK AUTOPARTS
BE 0897.460.331
Olen · Eq €300k
PIPING PRODUCTS DISTRIBUTION
BE 0452.169.458
Willebroek · Eq €300k
ELOY & BECKER
BE 0457.242.459
Liège · Eq €301k
Classic Car Parts
BE 1017.227.023
Tienen · Eq €301k
FERRO SEAPORT
BE 0459.934.804
Merelbeke-Melle · Eq €298k
Of 1,746 companies in sector 46720 we hold annual accounts for 1,084. 768 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-02-1979
Fiscal year end31-12
Activities, NACEBEL
45310
46720Wholesale of motor vehicle parts and accessories
50301
47820Retail sale of motor vehicle parts and accessories
50302
Sources
Crossroads Bank for EnterprisesNational Bank · 47 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.