Key for Management and Translation
ActiveSummary
Key for Management and Translation has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34k and a net result of €-9k. Equity is growing by ~19% per year across the filed fiscal years. Its solvency ranks better than 46% of 11322 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability42▲+42
Solvency62▼-12
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.39 against 0.98 in 2024; short-term debt: 63.2% and cash: 23.4% of total assets), and 63.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
36.8%
Return on assets
-10.1%
Age of the figures
9 mo
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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-9k
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 26-07-2026, 5 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
5 d early
2024
27 d early
2023
8 d early
2022
7 d late
2021
29 d early
2020
9 d late
2019
9 d early
← 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
€34k▼ 21.5%
2024 · €43k
2018: €6k
2019: €8k
2020: €21k
2021: €42k
2022: €50k
2023: €58k
2024: €43k
2018 → 2025
Total assets
€93k▲ 4.0%
2024 · €89k
2018: €39k
2019: €37k
2020: €57k
2021: €67k
2022: €69k
2023: €108k
2024: €89k
2018 → 2025
Net result
€-9k▲ 38.9%
2024 · €-15k
2018: €8k
2019: €8k
2020: €16k
2021: €21k
2022: €7k
2023: €8k
2024: €-15k
2018 → 2025
Working capital
€-35k▼ 3,158%
2024 · €-1k
2018: €-523
2019: €2k
2020: €11k
2021: €32k
2022: €41k
2023: €-148
2024: €-1k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€42k-€50k▲ 17.5%€58k▲ 16.2%€43k▼ 24.8%€34k▼ 21.5%
Operating result€30k-€14k▼ 54.1%€12k▼ 12.7%€-16k€-9k▲ 41.6%
Net result€21k-€7k▼ 64.3%€8k▲ 8.4%€-15k€-9k▲ 38.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2025 against €16k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €93k
Fixed assets
€70k ▲ 56.2%
Current assets
€23k ▼ 48.2%
Equity and liabilities €93k
Equity
€34k ▼ 21.5%
Debt
€58k ▲ 28.4%
Debt's share of the balance-sheet total rises from 51.2% to 63.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€263▲
2024 · €-1k
Cash flow
€202▲
2024 · €-894
Current ratio
0.39▼
2024 · 0.98
Debt to equity
1.72▲
2024 · 1.05
ROE
-27.4%▲
2024 · -35.3%
ROA
-10.1%▲
2024 · -17.2%
Interest coverage
4.34▲
2024 · -55.33
Debt ≤ 1 year
€58k▲
2024 · €46k
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 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€89k€93k▲
Fixed assets21/28€44k€70k▲
Tangible fixed assets22/27€44k€70k▲
Furniture and vehicles24€44k€70k▲
Current assets29/58€44k€23k▼
Amounts receivable within one year40/41€11k€1k▼
Trade receivables40€7k-
Other amounts receivable41€4k€1k▼
Cash at bank and in hand54/58€33k€22k▼
Equity and liabilities
Total equity and liabilities10/49€89k€93k▲
Equity10/15€43k€34k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€23k€14k▼
Amounts payable17/49€46k€58k▲
Amounts payable within one year42/48€46k€58k▲
Trade debts44€4k-
Suppliers440/4€4k-
Taxes, remuneration and social security45€870-
Taxes450/3€870-
Other amounts payable47/48€41k€58k▲
Income statement
Code20242025
Non-recurring operating income76A-€40k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€10k▼
Other operating charges640/8€741€811▲
Non-recurring operating charges66A-€38k
Gross operating margin9900€-753€40k▲
Operating profit (loss)9901€-16k€-9k▲
Financial charges65/66B€27€60▲
Recurring financial charges65€27€60▲
Profit (loss) for the period before taxes9903€-16k€-9k▲
Income taxes67/77€-628-
Profit (loss) for the period9904€-15k€-9k▲
Profit (loss) for the period to be appropriated9905€-15k€-9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€23k€14k▼
Profit (loss) brought forward from the previous period14P€38k€23k▼
The notes to these accounts (6 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
26-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-15k ▼291%
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
2022
02-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €21k ▲29.8%
Operating result €30k, net result €21k, both a record.
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-07
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
6 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, Sint-Pieters-Leeuw · 1 establishment unit since 2014
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.
Impeleer 2561600 Sint-Pieters-LeeuwGround area
1,412 m²
Building footprint
307 m²
Volume, LiDAR
831 m³
2 parcels, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Para-Shop-One
since 20142.230.323.077
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23086A0258/00B000 | Flanders | 813 m² | 1 · 120 m² | 9.9 m · 2 fl. |
| 23583H0034/00Z005 | Flanders | 599 m² | 1 · 186 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DENTAL BUDGET
BE 0791.483.277
Gent · Eq €34,020
IBSA Pharma
BE 0795.266.574
Brussel · Eq €34,853
DM GS
BE 0819.098.088
Erquelinnes · Eq €35,424
O'ACTIVE
BE 0886.735.396
Ukkel · Eq €32,443
BELIPHARM
BE 0884.446.592
Leuven · Eq €35,863
Of 1,898 companies in sector 46460 we hold annual accounts for 1,116. 408 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
Founded04-02-2014
Fiscal year end31-12
Abbreviation NL
K.M.T.
Activities, NACEBEL 2025
46460Wholesale of pharmaceutical and medical goods
46450Wholesale of perfume and cosmetics
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.