Equity
€1.2m from €2.5m in 2020
Equity fell by 52% in 6 years.
KEY GRIP SYSTEMS DEVELOPMENT
Lifetime
20 annual accounts with figures on one time axis, 42 filings since 1984peak €997,145 (2020)
€357,771▲ €373,099
lowest -€101,686 (2023)
€310,733▲ €356,047
peak €2.5m (2020)
€1.2m▲ 28.7%
€87,007▼ 80.1%
peak 5.3 FTE (2017)
-not published
Board9 names since 2014
2 directors and 1 other
Owners2 names in the annual accounts
Documentsfilings and deeds
20-09-202641 days before the deadline
2026abbreviated format
Gross margin from -€15,328 to €357,771Back to profit: €310,733Dividend €43,500Equity from €932,709 to €1.2mDebts from €437,623 to €87,007Investments €774,111
Key points
from the 2026 annual accountsResult
€310,733 €310,733
Back in profit in 2026, after a loss of €45,315 in 2025.
Turnover
≈ €850,000 estimated
The accounts state no turnover.
Investments
€889,513 68.2 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 827.2% higher than in 2025.
Filings
42 annual accounts since 1984
The last five annual accounts were filed 3 to 114 days before the end of the period.
Position in the sector
€310,733
Higher net result than 90% of companies in rental and leasing. Sector median €29,638 · 57 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 20,135 companies had the same profile as KEY GRIP SYSTEMS DEVELOPMENT has now. Each dot stands for 51 companies, two years later.
95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,135 companies, not a prediction for KEY GRIP SYSTEMS DEVELOPMENT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director, since 12-06-2014
Director, since 12-06-2014
Shares in 2 companies, and WALLONIA
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0424674710
Registered office moved to Brussels
New registered office: Square Marie Louise 58, boite 4/3 à 1000 Bruxelles · Board meeting of 03-06-2020 · Gazette deed
Resignation: (director)
Permanent representative: · General meeting of 18-12-2019 · Gazette deed
Company renamed from KEY GRIP SYSTEMS to KEY GRIP SYSTEMS DEVELOPMENT
Resignations: (director) and (director) · Appointment: (director) · “Faire toutes opérations généralement quelconques, commerciales, financières, mobilières et immobilières se…” (deed in French) · General meeting of 05-11-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KEY GRIP SYSTEMS DEVELOPMENT Brussels | €1.3m | €357,771 | 93.2% | - |
| CONTAINERVERHURING TERGA Ypres | €1.4m | €367,600 | 63.7% | 7.8 |
| Gene-Electra Brussels | €1.5m | €263,973 | 84.6% | 3 |
| de HALLEUX Evere | €1.7m | €619,500 | 23.1% | 3.9 |
| Neptunus Belgium Zonhoven | €1.0m | €384,972 | 38.6% | 2 |
| Rogiers D-Dream Berlare | €1.2m | €280,621 | 55.7% | 3 |
| UMANS IMMO Pelt | €1.8m | €318,566 | 49.5% | - |
These companies have the same main activity as KEY GRIP SYSTEMS DEVELOPMENT: renting and leasing of other machinery, equipment and tangible goods (NACE 77399). They are comparable in size and age: total assets between €1m and €1.8m, founded between 1973 and 1990.
Official details
Source: KBO- Status
- Active since 20-10-1983Normal situation
- Activity
- Renting and leasing of other machinery, equipment and tangible goodsNACE 77399and 2 others
- Establishment units
- 2.102.409.7711030 Schaerbeek, since 06-11-1983
- 2.170.623.4384880 Aubel, since 19-05-2008
- Financial year end
- 31 March
- Peppol
- Reachable since 04-12-2025
Annual accounts to 31-03-2026
- €1.3m▼ 6.1%
- Filing
- Filed on 20-09-2026, 41 days before the end of the filing period
Insights on KEY GRIP SYSTEMS DEVELOPMENT
KEY GRIP SYSTEMS DEVELOPMENT files the abbreviated format. That format states no turnover. The gross margin fell from €406,896 in 2006 to €357,771 in 2026.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about KEY GRIP SYSTEMS DEVELOPMENT
- What is the company number of KEY GRIP SYSTEMS DEVELOPMENT?
- The company number of KEY GRIP SYSTEMS DEVELOPMENT is 0424.674.710. The VAT number is the same number with BE in front: BE 0424.674.710.
- Where is KEY GRIP SYSTEMS DEVELOPMENT based?
- The registered office is at Maria-Louizasquare 58, 1000 Brussels.Company details
- What does KEY GRIP SYSTEMS DEVELOPMENT do?
- According to the KBO register, the main activity is renting and leasing of other machinery, equipment and tangible goods (NACE 77399).
- What is the legal form of KEY GRIP SYSTEMS DEVELOPMENT?
- KEY GRIP SYSTEMS DEVELOPMENT is a public limited company (NV).
- When was KEY GRIP SYSTEMS DEVELOPMENT founded?
- KEY GRIP SYSTEMS DEVELOPMENT was founded on 20-10-1983.
- Is KEY GRIP SYSTEMS DEVELOPMENT still active?
- Yes, KEY GRIP SYSTEMS DEVELOPMENT is an active enterprise in the KBO register.
- How many employees does KEY GRIP SYSTEMS DEVELOPMENT have?
- KEY GRIP SYSTEMS DEVELOPMENT had an average of 1 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- What is the turnover of KEY GRIP SYSTEMS DEVELOPMENT?
- The turnover in financial year 2026 is ≈ €850,000. This figure is estimated from the gross margin of €357,771 and 2,134 comparable companies of the same size. It probably lies between €510,000 and €1.5m. It is a rough estimate.
- Is KEY GRIP SYSTEMS DEVELOPMENT profitable?
- In financial year 2026, KEY GRIP SYSTEMS DEVELOPMENT made a profit of €310,733.
- Where can I find the annual accounts of KEY GRIP SYSTEMS DEVELOPMENT?
- KEY GRIP SYSTEMS DEVELOPMENT filed 42 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of KEY GRIP SYSTEMS DEVELOPMENT due?
- KEY GRIP SYSTEMS DEVELOPMENT must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
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