KEY - DATA
ActiveSummary
KEY - DATA has been active since 1990 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2025 annual accounts show negative equity (-€37,770) and a net result of €4,095. Equity is growing by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 12860 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability89▲+89
Solvency0=
Growth78▲+26
Track record92
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 3.46 against 2.15 in 2024; short-term debt: 28.7% and cash: 55.4% of total assets), but equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
-147.9%
Return on assets
16%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 12860 sector peers (2025).
NBB · sector comparisonPosition among 12860 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 17-04-2026, 13 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
13 d early
2024
5 d early
2023
43 d early
2022
31 d early
2021
39 d early
2020
3 d early
2019
365 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 33 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Strikeout withdrawal
Checked, nothing found (1)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 30 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close30-09-2026 today30-04-2027 deadline
History
Go further with this company
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€37,770▲ 9.8%
2024 · -€41,865
Total assets
€25,540▼ 1.0%
2024 · €25,808
Net result
€4,095
2024 · -€9,443
Working capital
€18,024▲ 33.5%
2024 · €13,504
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€8,335▲ 37.0%€8,354▲ 0.2%€9,317▲ 11.5%-€7,701€5,978
Net result€3,449below the sector's middle half▼ 33.1%€4,888below the sector's middle half▲ 41.7%€3,720below the sector's middle half▼ 23.9%-€9,443below the sector's middle half€4,095below the sector's middle half
Equity-€41,029below the sector's middle half▲ 7.8%-€36,141below the sector's middle half▲ 11.9%-€32,421below the sector's middle half▲ 10.3%-€41,865below the sector's middle half▼ 29.1%-€37,770below the sector's middle half▲ 9.8%
Total assets€28,672below the sector's middle half▼ 11.1%€33,311below the sector's middle half▲ 16.2%€39,454below the sector's middle half▲ 18.4%€25,808below the sector's middle half▼ 34.6%€25,540below the sector's middle half▼ 1.0%
Debt€69,701▼ 9.2%€69,453▼ 0.4%€71,875▲ 3.5%€67,673▼ 5.8%€63,310▼ 6.4%
Working capital€12,790within the sector's middle half▲ 226%€18,377within the sector's middle half▲ 43.7%€22,522within the sector's middle half▲ 22.6%€13,504within the sector's middle half▼ 40.0%€18,024within the sector's middle half▲ 33.5%
Solvency-143.1%below the sector's middle half▼ 5.2pp-108.5%below the sector's middle half▲ 34.6pp-82.2%below the sector's middle half▲ 26.3pp-162.2%below the sector's middle half▼ 80.0pp-147.9%below the sector's middle half▲ 14.3pp
Current ratio1.93within the sector's middle half▲ 0.742.36within the sector's middle half▲ 0.432.42within the sector's middle half▲ 0.052.15within the sector's middle half▼ 0.263.46within the sector's middle half▲ 1.30
Return on assets (ROA)12.0%within the sector's middle half▼ 4.0pp14.7%within the sector's middle half▲ 2.6pp9.4%within the sector's middle half▼ 5.2pp-36.6%below the sector's middle half▼ 46.0pp16.0%within the sector's middle half▲ 52.6pp
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €5,978 after a loss of €7,701 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €25,540
Fixed assets
€184 ▼ 69.8%
Current assets
€25,356 ▲ 0.6%
Key figures and ratios
EBITDA
€6,403▲
2024 · -€7,276
Cash flow
€4,520▲
2024 · -€9,018
Debt to equity
-1.68▼
2024 · -1.62
Interest coverage
98.02▲
2024 · -119.18
Debt ≤ 1 year
€7,332▼
2024 · €11,694
Debt > 1 year
€55,978=
2024 · €55,978
Income taxes
€1,818▲
2024 · €1,681
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,795 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 92% are still going.
- Micro
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
2.7%
went bankrupt
5.3%
stopped otherwise
92%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,795 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €3,500 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,542 | €699 | €425 | €425 | €425 | = |
| Other operating charges640/8 | - | €998 | €2,093 | €437 | €1,646 | ▲ 276% |
| Gross operating margin9900 | €17,004 | €10,051 | €11,836 | -€6,838 | €8,049 | ▲ 218% |
| Operating profit (loss)9901 | €8,335 | €8,354 | €9,317 | -€7,701 | €5,978 | ▲ 178% |
| Financial income75/76B | - | €3 | - | €0 | - | - |
| Recurring financial income75 | €0 | €3 | - | €0 | - | - |
| Financial charges65/66B | - | €58 | €61 | €61 | €65 | ▲ 7.0% |
| Recurring financial charges65 | €47 | €58 | €61 | €61 | €65 | ▲ 7.0% |
| Profit (loss) for the period before taxes9903 | €8,288 | €8,300 | €9,256 | -€7,762 | €5,912 | ▲ 176% |
| Income taxes67/77 | €4,839 | €3,411 | €5,536 | €1,681 | €1,818 | ▲ 8.1% |
| Profit (loss) for the period9904 | €3,449 | €4,888 | €3,720 | -€9,443 | €4,095 | ▲ 143% |
| Profit (loss) for the period to be appropriated9905 | €3,449 | €4,888 | €3,720 | -€9,443 | €4,095 | ▲ 143% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €28,672 | €33,311 | €39,454 | €25,808 | €25,540 | ▼ 1.0% |
| Fixed assets21/28 | €2,159 | €1,459 | €1,034 | €609 | €184 | ▼ 69.8% |
| Tangible fixed assets22/27 | €2,159 | €1,459 | €1,034 | €609 | €184 | ▼ 69.8% |
| Furniture and vehicles24 | - | €1,459 | €1,034 | €609 | €184 | ▼ 69.8% |
| Current assets29/58 | €26,514 | €31,852 | €38,419 | €25,199 | €25,356 | ▲ 0.6% |
| Stocks and contracts in progress3 | €284 | €284 | €1,655 | - | - | - |
| Stocks30/36 | - | €284 | €1,655 | - | - | - |
| Amounts receivable within one year40/41 | €1,500 | €983 | €9,527 | €3,539 | €9,700 | ▲ 174% |
| Trade receivables40 | - | €500 | €9,527 | €3,024 | €9,700 | ▲ 221% |
| Other amounts receivable41 | - | €483 | - | €514 | - | - |
| Cash at bank and in hand54/58 | €23,504 | €29,346 | €25,990 | €20,396 | €14,157 | ▼ 30.6% |
| Deferred charges and accrued income490/1 | - | €1,238 | €1,248 | €1,264 | €1,499 | ▲ 18.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €28,672 | €33,311 | €39,454 | €25,808 | €25,540 | ▼ 1.0% |
| Equity10/15 | -€41,029 | -€36,141 | -€32,421 | -€41,865 | -€37,770 | ▲ 9.8% |
| Contributions10/11 | €1,239 | €1,239 | €1,239 | €1,239 | €1,239 | = |
| Capital10 | - | €1,239 | €1,239 | €1,239 | €1,239 | = |
| Issued capital100 | - | €1,239 | €1,239 | €1,239 | €1,239 | = |
| Reserves13 | €124 | €124 | €124 | €124 | €124 | = |
| Non-distributable reserves130/1 | - | €124 | €124 | €124 | €124 | = |
| Legal reserve130 | - | €124 | €124 | €124 | €124 | = |
| Profit (loss) carried forward14 | -€42,393 | -€37,505 | -€33,785 | -€43,228 | -€39,134 | ▲ 9.5% |
| Amounts payable17/49 | €69,701 | €69,453 | €71,875 | €67,673 | €63,310 | ▼ 6.4% |
| Amounts payable after more than one year17 | €55,978 | €55,978 | €55,978 | €55,978 | €55,978 | = |
| Other amounts payable178/9 | - | €55,978 | €55,978 | €55,978 | €55,978 | = |
| Amounts payable within one year42/48 | €13,723 | €13,475 | €15,897 | €11,694 | €7,332 | ▼ 37.3% |
| Trade debts44 | €537 | €192 | €2,743 | €128 | €887 | ▲ 590% |
| Suppliers440/4 | - | €192 | €2,743 | €128 | €887 | ▲ 590% |
| Taxes, remuneration and social security45 | - | - | €807 | - | €1,126 | - |
| Taxes450/3 | - | - | €807 | - | €1,126 | - |
| Other amounts payable47/48 | - | €13,282 | €12,347 | €11,566 | €5,319 | ▼ 54.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,449 | €4,888 | €3,720 | -€9,443 | €4,095 | ▲ 143% |
| + Depreciation and write-downs630 | €7,542 | €699 | €425 | €425 | €425 | = |
| Operating cash flow (approximation) | €10,991 | €5,587 | €4,145 | -€9,018 | €4,520 | ▲ 150% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €5,842 | -€3,356 | -€5,594 | -€6,239 | ▼ 11.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €4,095
Net result €4,095 after one loss-making year.
25-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet -€9,443
Net result drops to -€9,443, the lowest in the series; recovery starts the following year.
18-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-05
KBO administration
Strikeout withdrawal
event 30-04-2021
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 365 days late
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 731 days late
27-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Highest result since 2018net €5,156 ▲23.1%
Net result €5,156, the highest in the series.
Show earlier events
2019
30-09
Financial
Back to profitnet €4,188
Net result €4,188 after one loss-making year.
2006
30-03
NBB filing
Annual accounts filed
fiscal year 2005 · abbreviated schema
2005
31-03
NBB filing
Annual accounts filed
fiscal year 2004 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Grimbergen · 1 establishment unit since 1990
Ground area
152 m²
Building footprint
152 m²
Volume, LiDAR
850 m³
Parcel 23402E0203/00D006, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KEY-DATA CV
since 19902.048.995.534
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23402E0203/00D006 | Flanders | 152 m² | 1 · 152 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 2,265 companies in sector 69209 we hold annual accounts for 1,101. See the whole sector
Identification & contact
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded12-07-1990
Fiscal year end30-09
Activities, NACEBEL 2025
69209Other tax advisory services
Contact
E-mail
info@keydata.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0440993672
Also
9925:BE0440993672
Registered
11-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.