KEY
ActiveSummary
KEY has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €97k and a net result of €27k. Equity is growing by ~24% per year across the filed fiscal years. Its solvency ranks better than 55% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability90=
Solvency86▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.2 against 0.01 in 2024; short-term debt: 39.1% and cash: 0.9% of total assets), and 39.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
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
60.9%
Return on assets
16.9%
Age of the figures
9 mo
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
29 d late
2023
20 d late
2022
31 d late
2021
31 d late
2020
30 d late
2019
101 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€97k▲ 38.3%
2024 · €70k
2018: €21k
2019: €24k
2020: €26k
2021: €31k
2022: €48k
2023: €48k
2024: €70k
2018 → 2025
Total assets
€159k▲ 24.0%
2024 · €128k
2018: €365k
2019: €297k
2020: €272k
2021: €226k
2022: €195k
2023: €146k
2024: €128k
2018 → 2025
Net result
€27k▲ 20.3%
2024 · €22k
2018: €16k
2019: €2k
2020: €2k
2021: €5k
2022: €17k
2023: €-273
2024: €22k
2018 → 2025
Working capital
€-50k▲ 2.6%
2024 · €-51k
2018: €-102k
2019: €-100k
2020: €-115k
2021: €-114k
2022: €-102k
2023: €-78k
2024: €-51k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€31k-€48k▲ 56.3%€48k▼ 0.6%€70k▲ 46.7%€97k▲ 38.3%
Operating result€10k-€29k▲ 185%€2k▼ 94.0%€35k▲ 1,938%€41k▲ 15.0%
Net result€5k-€17k▲ 261%€-273€22k€27k▲ 20.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 15% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €159k
Fixed assets
€147k ▲ 15.1%
Current assets
€12k ▲ 1,527%
Equity and liabilities €159k
Equity
€97k ▲ 38.3%
Debt
€62k ▲ 6.8%
Debt's share of the balance-sheet total falls from 45.4% to 39.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€49k▼
2024 · €50k
Cash flow
€36k▼
2024 · €37k
Current ratio
0.20▲
2024 · 0.01
Debt to equity
0.64▼
2024 · 0.83
ROE
27.7%▼
2024 · 31.8%
ROA
16.9%▼
2024 · 17.4%
Interest coverage
102.85▲
2024 · 76.94
Debt ≤ 1 year
€62k▲
2024 · €52k
Debt > 1 year
€0▼
2024 · €6k
Income taxes
€13k▲
2024 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€128k€159k▲
Fixed assets21/28€127k€147k▲
Tangible fixed assets22/27€127k€147k▲
Land and buildings22€127k€147k▲
Current assets29/58€749€12k▲
Amounts receivable within one year40/41€0€11k▲
Trade receivables40€0€11k▲
Cash at bank and in hand54/58€749€1k▲
Equity and liabilities
Total equity and liabilities10/49€128k€159k▲
Equity10/15€70k€97k▲
Contributions10/11€6k€6k=
Reserves13€41k€67k▲
Distributable reserves133€41k€67k▲
Profit (loss) carried forward14€23k€23k=
Amounts payable17/49€58k€62k▲
Amounts payable after more than one year17€6k€0▼
Financial debts170/4€6k€0▼
Amounts payable within one year42/48€52k€62k▲
Current portion of amounts payable after more than one year42€11k€6k▼
Trade debts44€304€10k▲
Suppliers440/4€304€10k▲
Taxes, remuneration and social security45€12k€18k▲
Taxes450/3€12k€18k▲
Other amounts payable47/48€29k€28k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€9k▼
Other operating charges640/8€3k€5k▲
Gross operating margin9900€53k€54k▲
Operating profit (loss)9901€35k€41k▲
Financial income75/76B€5€0▼
Recurring financial income75€5€0▼
Financial charges65/66B€653€480▼
Recurring financial charges65€653€480▼
Profit (loss) for the period before taxes9903€35k€40k▲
Income taxes67/77€12k€13k▲
Profit (loss) for the period9904€22k€27k▲
Profit (loss) for the period to be appropriated9905€22k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€45k€50k▲
Profit (loss) brought forward from the previous period14P€23k€23k=
Transfer to equity691/2€22k€27k▲
To other reserves6921€22k€27k▲
The notes to these accounts (8 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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €27k ▲20.3%
Operating result €41k, net result €27k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
31-12
Financial
Weakest financial yearnet €-273 ▼102%
Net result drops to €-273, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 2009
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.
Eric Sasselaan 372020 AntwerpenGround area
263 m²
Building footprint
115 m²
Volume, LiDAR
1,207 m³
Parcel 11809I2104/00T005, Flanders · tallest building 11.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
KEY
since 20092.279.729.632
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11809I2104/00T005 | Flanders | 263 m² | 1 · 115 m² | 11.9 m · 4 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.
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ME finances
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 40,548 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-01-2009
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.