DE KEYSERSHOEVE
ActiveDE KEYSERSHOEVE has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €27k and a net result of €-4k. Equity is shrinking by ~11.8% per year across the filed fiscal years. Its solvency ranks better than 38% of 18939 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2024
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability66▲+66
Solvency40▼-7
Growth32=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.0 against 1.03 in 2023; short-term debt: 80.5% and cash: 70% of total assets), and 84.7% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
15.3%
Return on assets
-2.3%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-4k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
35 d early
2022
13 d early
2021
39 d early
2020
31 d early
2019
38 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€27k▼ 32.5%
2023 · €40k
2018: €57k
2019: €87k
2020: €107k
2021: €157k
2022: €83k
2023: €40k
2018 → 2024
Total assets
€175k▼ 1.0%
2023 · €177k
2018: €218k
2019: €221k
2020: €150k
2021: €239k
2022: €201k
2023: €177k
2018 → 2024
Net result
€-4k▲ 88.5%
2023 · €-34k
2018: €9k
2019: €30k
2020: €19k
2021: €69k
2022: €-74k
2023: €-34k
2018 → 2024
Working capital
€640▼ 82.3%
2023 · €4k
2018: €7k
2019: €40k
2020: €49k
2021: €112k
2022: €42k
2023: €4k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€107k-€157k▲ 47.5%€83k▼ 46.9%€40k▼ 52.5%€27k▼ 32.5%
Operating result€22k-€84k▲ 280%€-73k€-34k▲ 53.9%€-3k▲ 90.4%
Net result€19k-€69k▲ 261%€-74k€-34k▲ 53.2%€-4k▲ 88.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2024 against €34k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €175k
Fixed assets
€34k▼ 23.4%
Current assets
€142k▲ 6.4%
Equity and liabilities €175k
Equity
€27k▼ 32.5%
Debt
€149k▲ 8.1%
The debt ratio rises from 77.6% to 84.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€11k▲
2023 · €-17k
Cash flow
€10k▲
2023 · €-18k
Solvency
15.3%▼
2023 · 22.4%
Current ratio
1.00▼
2023 · 1.03
Quick ratio
0.91▲
2023 · 0.87
Debt / equity
5.56▲
2023 · 3.47
ROE
-14.8%▲
2023 · -87.0%
ROA
-2.3%▲
2023 · -19.5%
Interest coverage
13.08▲
2023 · -18.43
Debt
€149k▲
2023 · €138k
Debt ≤ 1 year
€141k▲
2023 · €130k
Staff costs
€434k▲
2023 · €428k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€177k€175k▼
Fixed assets21/28€44k€34k▼
Tangible fixed assets22/27€44k€34k▼
Plant, machinery and equipment23€35k€28k▼
Furniture and vehicles24€8k€6k▼
Leasing and similar rights25€1k€123▼
Current assets29/58€133k€142k▲
Stocks and contracts in progress3€21k€14k▼
Stocks30/36€21k€14k▼
Amounts receivable within one year40/41€3k€773▼
Trade receivables40€2k€0▼
Other amounts receivable41€553€773▲
Cash at bank and in hand54/58€107k€123k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€177k€175k▼
Equity10/15€40k€27k▼
Contributions10/11€19k€19k=
Reserves13€127k€119k▼
Distributable reserves133€127k€119k▼
Profit (loss) carried forward14€-106k€-110k▼
Amounts payable17/49€138k€149k▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€130k€141k▲
Current portion of amounts payable after more than one year42€8k€7k▼
Trade debts44€32k€40k▲
Suppliers440/4€32k€40k▲
Taxes, remuneration and social security45€90k€94k▲
Taxes450/3€26k€31k▲
Remuneration and social security454/9€64k€63k▼
Other amounts payable47/48€357€357=
Accrued charges and deferred income492/3€8k€8k▼
Income statement
Code20232024
Remuneration, social security and pensions62€428k€434k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€14k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€413k€447k▲
Operating profit (loss)9901€-34k€-3k▲
Financial income75/76B€130€120▼
Recurring financial income75€130€120▼
Financial charges65/66B€923€856▼
Recurring financial charges65€923€856▼
Profit (loss) for the period before taxes9903€-34k€-4k▲
Profit (loss) for the period9904€-34k€-4k▲
Profit (loss) for the period to be appropriated9905€-34k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-106k€-110k▼
Profit (loss) brought forward from the previous period14P€-72k€-106k▼
Transfer from equity791/2€9k€9k▼
Profit to be distributed694/7€9k€9k▼
Return on contributions (dividend)694€9k€9k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-74k ▼207%
Net result drops to €-74k, the lowest in the series; recovery starts the following year.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €69k ▲261%
Operating result €84k, net result €69k, both a record.
31-12
Financial
Equity above €150kEq €157k ▲47.5%
4 profitable years in a row build equity to €157k.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €100kEq €107k ▲21.9%
3 profitable years in a row build equity to €107k.
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
20-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
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, Brecht · 1 establishment unit since 1989
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.
Bergsebaan 22960 BrechtGround area
1,282 m²
Building footprint
578 m²
Volume, LiDAR
2,133 m³
Parcel 11332L0093/00G000, Flanders · tallest building 7.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
KEYZERSHOEVE
since 19892.041.962.638
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11332L0093/00G000 | Flanders | 1,282 m² | 1 · 578 m² | 7.4 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrecht2.041.962.638
Dual-learning approval
3 live approvalsKeukenmedewerker (vwo)
Keukenmedewerker duaal (so)
Restaurant en keuken duaal (so)
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Of 14,023 companies in sector 56301 we hold annual accounts for 4,893. 4,070 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-11-1988
Fiscal year end31-12
Activities, NACEBEL
55301
55401
56101Full-service restaurants
56111Full-service restaurants
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.