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KEY IMMO

Active
Private limited companyfounded 20188 yrs activePresseux,Champ Colin 61, 6800 Libramont-Chevigny, BelgiumKBO/BCE: BE 0692.707.979
Summary

KEY IMMO has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€30,590) and a net result of €3,045. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 5% of 1856 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability86▲+70
Solvency0=
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.29 against 0.49 in 2023; short-term debt: 142.3% and cash: 13.4% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2024
Solvency, return and age of the figures
Solvency
-521.5%
Return on assets
51.9%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Accommodation (NACE 55)
about 6% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 8 years 0 10 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 1856 sector peers (2024).
NBB · sector comparison
Position among 1856 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filings
Deviation from the deadline
2025
not confirmed
2024
31 d late
2023
36 d late
2022
29 d late
2021
51 d early
2020
44 d late
2019
91 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 30 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 45% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 20 March 2018, KEY IMMO was incorporated.1 Total assets went from EUR 56,115 in 2018 to EUR 5,866 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€3,045
2023 · -€2,507
Working capital
-€5,956▼ 30.9%
2023 · -€4,551
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 55, Accommodation, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€9,060€10,173▲ 12.3%-€6,300-€186▲ 97.1%€4,458
Net result€7,166within the sector's middle half€8,543within the sector's middle half▲ 19.2%-€7,742within the sector's middle half-€2,507within the sector's middle half▲ 67.6%€3,045within the sector's middle half
Equity-€31,929below the sector's middle half▲ 18.3%-€23,386below the sector's middle half▲ 26.8%-€31,128below the sector's middle half▼ 33.1%-€33,635below the sector's middle half▼ 8.1%-€30,590below the sector's middle half▲ 9.1%
Total assets€52,469below the sector's middle half▲ 2.6%€55,236below the sector's middle half▲ 5.3%€40,982below the sector's middle half▼ 25.8%€8,519below the sector's middle half▼ 79.2%€5,866below the sector's middle half▼ 31.1%
Debt€84,398▼ 6.4%€78,622▼ 6.8%€72,110▼ 8.3%€42,153▼ 41.5%€36,456▼ 13.5%
Working capital€21,143within the sector's middle half▲ 423%€29,334within the sector's middle half▲ 38.7%€17,874within the sector's middle half▼ 39.1%-€4,551within the sector's middle half-€5,956within the sector's middle half▼ 30.9%
Solvency-60.9%below the sector's middle half▲ 15.6pp-42.3%below the sector's middle half▲ 18.5pp-76.0%below the sector's middle half▼ 33.6pp-394.8%below the sector's middle half▼ 318.9pp-521.5%below the sector's middle half▼ 126.7pp
Current ratio2.18above the sector's middle half▲ 1.012.78above the sector's middle half▲ 0.602.23above the sector's middle half▼ 0.550.49within the sector's middle half▼ 1.740.29within the sector's middle half▼ 0.21
Return on assets (ROA)13.7%above the sector's middle half▲ 42.5pp15.5%above the sector's middle half▲ 1.8pp-18.9%below the sector's middle half▼ 34.4pp-29.4%below the sector's middle half▼ 10.5pp51.9%above the sector's middle half▲ 81.3pp
Staff (FTE)11=
above within below the middle half (P25 to P75) of NACE 55, Accommodation, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€10,000-€5,000€0€5,000€10,000Operating result 2020: €9,060€9,060Net result 2020: €7,166€7,166Operating result 2021: €10,173€10,173Net result 2021: €8,543€8,543Operating result 2022: -€6,300-€6,300Net result 2022: -€7,742-€7,742Operating result 2023: -€186-€186Net result 2023: -€2,507-€2,507Operating result 2024: €4,458€4,458Net result 2024: €3,045€3,04520202021202220232024-€10,000-€5,000€0€5,000Operating result 2022: -€6,300-€6,300Net result 2022: -€7,742-€7,740Operating result 2023: -€186-€186Net result 2023: -€2,507-€2,510Operating result 2024: €4,458€4,460Net result 2024: €3,045€3,040202220232024
The operating result returns to profit in 2024: €4,458 after a loss of €186 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5,866
Fixed assets €3,477 ▼ 14.6%
Current assets €2,389 ▼ 46.3%
Key figures and ratios
2024 value · change against 2023
EBITDA
€6,048▲
2023 · €4,359
Cash flow
€4,634▲
2023 · €2,038
Debt to equity
-1.19▲
2023 · -1.25
Interest coverage
4.28▲
2023 · 1.87
Debt ≤ 1 year
€8,346▼
2023 · €8,998
Debt > 1 year
€28,110▼
2023 · €33,156
Staff costs
€275▼
2023 · €13,377
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,178 companies that looked in July 2024 the way this one looks now, 4.3% went bankrupt within 24 months and 89% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
4.3% went bankrupt
5.6% stopped otherwise
89% still going

A further 1.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 2,178 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 41 lines
Balance sheet Code20232024
Assets
Total assets20/58€8,519€5,866▼
Fixed assets21/28€4,072€3,477▼
Intangible fixed assets21€1,134€127▼
Tangible fixed assets22/27€2,938€3,350▲
Plant, machinery and equipment23€2,938€3,350▲
Current assets29/58€4,447€2,389▼
Amounts receivable within one year40/41€1,763€78▼
Other amounts receivable41€1,763€78▼
Cash at bank and in hand54/58€1,645€787▼
Deferred charges and accrued income490/1€1,039€1,525▲
Equity and liabilities
Total equity and liabilities10/49€8,519€5,866▼
Equity10/15-€33,635-€30,590▲
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14-€52,235-€49,190▲
Amounts payable17/49€42,153€36,456▼
Amounts payable after more than one year17€33,156€28,110▼
Financial debts170/4€33,156€28,110▼
Amounts payable within one year42/48€8,998€8,346▼
Current portion of amounts payable after more than one year42€4,830€5,045▲
Trade debts44€1,791€2,950▲
Suppliers440/4€1,791€2,950▲
Advances received on contracts in progress46€642-
Taxes, remuneration and social security45€1,035-
Taxes450/3€162-
Remuneration and social security454/9€873-
Other amounts payable47/48€700€350▼
Income statement Code20232024
Remuneration, social security and pensions62€13,377€275▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,545€1,590▼
Other operating charges640/8€1,246€1,111▼
Non-recurring operating charges66A-€1,198
Gross operating margin9900€18,983€8,633▼
Operating profit (loss)9901-€186€4,458▲
Financial income75/76B€11-
Recurring financial income75€11-
Financial charges65/66B€2,332€1,414▼
Recurring financial charges65€2,332€1,414▼
Profit (loss) for the period before taxes9903-€2,507€3,045▲
Profit (loss) for the period9904-€2,507€3,045▲
Profit (loss) for the period to be appropriated9905-€2,507€3,045▲
Appropriation of the result
Profit (loss) to be appropriated9906-€52,235-€49,190▲
Profit (loss) brought forward from the previous period14P-€49,728-€52,235▼

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62--€12,858€13,377€275▼ 97.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,538€8,266€6,823€4,545€1,590▼ 65.0%
Other operating charges640/8-€1,128€1,194€1,246€1,111▼ 10.8%
Non-recurring operating charges66A----€1,198-
Gross operating margin9900€21,022€19,567€14,575€18,983€8,633▼ 54.5%
Operating profit (loss)9901€9,060€10,173-€6,300-€186€4,458▲ 2,500%
Financial income75/76B---€11--
Recurring financial income75€8--€11--
Financial charges65/66B-€1,630€1,442€2,332€1,414▼ 39.4%
Recurring financial charges65€1,902€1,630€1,442€2,332€1,414▼ 39.4%
Profit (loss) for the period before taxes9903€7,166€8,543-€7,742-€2,507€3,045▲ 221%
Profit (loss) for the period9904€7,166€8,543-€7,742-€2,507€3,045▲ 221%
Profit (loss) for the period to be appropriated9905€7,166€8,543-€7,742-€2,507€3,045▲ 221%
Line20202021202220232024Change
Assets
Total assets20/58€52,469€55,236€40,982€8,519€5,866▼ 31.1%
Fixed assets21/28€13,423€9,441€8,617€4,072€3,477▼ 14.6%
Intangible fixed assets21-€1,007€2,334€1,134€127▼ 88.8%
Tangible fixed assets22/27€13,408€8,434€6,283€2,938€3,350▲ 14.0%
Plant, machinery and equipment23-€2,884€4,745€2,938€3,350▲ 14.0%
Furniture and vehicles24-€5,550€1,538---
Financial fixed assets28€15-----
Current assets29/58€39,046€45,795€32,365€4,447€2,389▼ 46.3%
Amounts receivable within one year40/41€217€357€1,709€1,763€78▼ 95.6%
Trade receivables40-€357€1,709---
Other amounts receivable41---€1,763€78▼ 95.6%
Cash at bank and in hand54/58€38,061€44,557€29,662€1,645€787▼ 52.2%
Deferred charges and accrued income490/1-€881€994€1,039€1,525▲ 46.8%
Equity and liabilities
Total equity and liabilities10/49€52,469€55,236€40,982€8,519€5,866▼ 31.1%
Equity10/15-€31,929-€23,386-€31,128-€33,635-€30,590▲ 9.1%
Contributions10/11-€18,600€18,600€18,600€18,600=
Profit (loss) carried forward14-€50,529-€41,986-€49,728-€52,235-€49,190▲ 5.8%
Amounts payable17/49€84,398€78,622€72,110€42,153€36,456▼ 13.5%
Amounts payable after more than one year17€66,447€62,161€57,619€33,156€28,110▼ 15.2%
Financial debts170/4-€62,161€57,619€33,156€28,110▼ 15.2%
Amounts payable within one year42/48€17,903€16,461€14,491€8,998€8,346▼ 7.2%
Current portion of amounts payable after more than one year42-€4,677€4,807€4,830€5,045▲ 4.5%
Trade debts44€445-€1,864€1,791€2,950▲ 64.8%
Suppliers440/4--€1,864€1,791€2,950▲ 64.8%
Advances received on contracts in progress46-€1,591€2,426€642--
Taxes, remuneration and social security45-€173€2,428€1,035--
Taxes450/3-€173€480€162--
Remuneration and social security454/9--€1,948€873--
Other amounts payable47/48-€10,020€2,966€700€350▼ 50.0%
Line20202021202220232024Change
Profit (loss) for the period9904€7,166€8,543-€7,742-€2,507€3,045▲ 221%
+ Depreciation and write-downs630€10,538€8,266€6,823€4,545€1,590▼ 65.0%
Operating cash flow (approximation)€17,704€16,809-€919€2,038€4,634▲ 127%
Investment in fixed assets (approximation)--€4,284-€5,999-€0-€995▼ 828,650%
Change in cash-€6,496-€14,895-€28,017-€858▲ 96.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
31-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial Back to profitnet €3,045
Net result €3,045 after 2 loss-making years.
05-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 36 days late
2023
29-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
10-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Highest result since 2018net €8,543 ▲19.2%
Operating result €10,173, net result €8,543, both a record.
13-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 44 days late
2020
31-12
Financial Back to profitnet €7,166
Net result €7,166 after 2 loss-making years.
30-10
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
24-09
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 55 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 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, Libramont-Chevigny · 1 establishment unit since 2018
establishment The establishment unit on the map
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.

Presseux,Champ Colin 616800 Libramont-Chevigny
Ground area
905 m²
Building footprint
105 m²
Volume, LiDAR
470 m³
Parcel 91085A0471/00H002, Wallonia · tallest building 5.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Key Immo
Rue des Quatre-Seigneurs, Malv. 23, 5575 GedinneHoliday cottages, homes and apartments
since 20182.274.436.501
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
91085A0471/00H002 Wallonia 905 m² 1 · 105 m² 5.2 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.

Similar companies · same sector and region

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 1,854 companies in sector 55204 we hold annual accounts for 451. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded20-03-2018
Fiscal year end31-12
Activities, NACEBEL 2025
55204Guest rooms (bed and breakfast)
Contact
E-mail info@auchaletdubois.beGedinne
Phone 0498/43.30.96Gedinne
E-invoicing
Reachable via Peppol
Peppol ID 0208:0692707979
Also 9925:BE0692707979
Registered 06-07-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.