KEY PARTNER
ActiveSummary
For KEY PARTNER, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €124k and a net result of €-19k. Equity is shrinking by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 29% of 37953 sector peers (fiscal year 2024). The company has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability13▼-53
Solvency58▼-6
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Six 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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 2024Solvency, return and age of the figures
Solvency
33.1%
Return on assets
-5%
Age of the figures
27 mo
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 237 days later.
NBB · 10 filingsPosition against the passed deadline
30-06-2025 close31-01-2026 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 31-01-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
on the day
2023
5 d early
2022
5 d early
2021
on the day
2020
30 d late
2019
46 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€0
2020 · €0
2019: €0highest value
2020: €0highest value
2022: €0highest value
2019 → 2022
Total assets
€373k▲ 1.7%
2023 · €367k
2019: €462khighest in 6 years
2020: €453k▼ -2.0% vs 2019
2021: €430k▼ -5.1% vs 2020
2022: €378k▼ -12.1% vs 2021
2023: €367k▼ -3.1% vs 2022lowest in 6 years
2024: €373k▲ +1.7% vs 2023
2019 → 2024
Net result
€-19k▼ 115%
2023 · €-9k
2019: €10k
2020: €-5k▼ -148% vs 2019
2021: €19k▲ +504% vs 2020highest in 6 years
2022: €-19k▼ -197% vs 2021lowest in 6 years
2023: €-9k▲ +54.5% vs 2022
2024: €-19k▼ -115% vs 2023
2019 → 2024
Working capital
€-37k▼ 224%
2023 · €-11k
2019: €85khighest in 6 years
2020: €55k▼ -35.6% vs 2019
2021: €40k▼ -26.6% vs 2020
2022: €-13k▼ -132% vs 2021
2023: €-11k▲ +13.0% vs 2022
2024: €-37k▼ -224% vs 2023lowest in 6 years
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€0-€0
2020: €0
2022: €0
Equity€150k-€170k▲ 13.0%€151k▼ 11.1%€142k▼ 5.7%€124k▼ 13.0%
2020: €150k
2021: €170k▲ +13.0% vs 2020highest in 5 years
2022: €151k▼ -11.1% vs 2021
2023: €142k▼ -5.7% vs 2022
2024: €124k▼ -13.0% vs 2023lowest in 5 years
Operating result€-3k-€-5k▼ 66.3%€-13k▼ 175%€-8k▲ 33.6%€-19k▼ 123%
2020: €-3khighest in 5 years
2021: €-5k▼ -66.3% vs 2020
2022: €-13k▼ -175% vs 2021
2023: €-8k▲ +33.6% vs 2022
2024: €-19k▼ -123% vs 2023lowest in 5 years
Net result€-5k-€19k€-19k€-9k▲ 54.5%€-19k▼ 115%
2020: €-5k
2021: €19k▲ +504% vs 2020highest in 5 years
2022: €-19k▼ -197% vs 2021lowest in 5 years
2023: €-9k▲ +54.5% vs 2022
2024: €-19k▼ -115% vs 2023
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 €19k in 2024 against €8k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €373k
Fixed assets
€368k ▲ 1.9%
Current assets
€5k ▼ 10.4%
Equity and liabilities €373k
Equity
€124k ▼ 13.0%
Provisions
€207k =
Debt
€42k ▲ 145%
Debt's share of the balance-sheet total rises from 4.7% to 11.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-9k▼
2023 · €2k
Cash flow
€-8k▼
2023 · €2k
Current ratio
0.12▼
2023 · 0.34
Debt to equity
0.34▲
2023 · 0.12
ROE
-15.0%▼
2023 · -6.0%
ROA
-5.0%▼
2023 · -2.3%
Interest coverage
-38.15▼
2023 · 6.17
Debt ≤ 1 year
€42k▲
2023 · €17k
Income taxes
€3▲
2023 · €1
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 · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€367k€373k▲
Fixed assets21/28€361k€368k▲
Tangible fixed assets22/27€361k€368k▲
Land and buildings22€315k€314k▼
Plant, machinery and equipment23€46k€54k▲
Furniture and vehicles24€299€0▼
Current assets29/58€6k€5k▼
Amounts receivable within one year40/41€2k€3k▲
Trade receivables40€0€490▲
Other amounts receivable41€2k€2k▼
Cash at bank and in hand54/58€2k€2k▼
Deferred charges and accrued income490/1€927€0▼
Equity and liabilities
Total equity and liabilities10/49€367k€373k▲
Equity10/15€142k€124k▼
Contributions10/11€62k€62k=
Revaluation surpluses12€266k€266k=
Reserves13€52k€52k=
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Distributable reserves133€45k€45k=
Profit (loss) carried forward14€-238k€-256k▼
Provisions and deferred taxes16€207k€207k=
Provisions for liabilities and charges160/5€207k€207k=
Pensions and similar obligations160€207k€207k=
Amounts payable17/49€17k€42k▲
Amounts payable within one year42/48€17k€42k▲
Trade debts44€0€3k▲
Suppliers440/4-€3k
Taxes, remuneration and social security45€3€0▼
Taxes450/3€3€0▼
Other amounts payable47/48€17k€39k▲
Accrued charges and deferred income492/3€69€45▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k=
Other operating charges640/8€4k€4k▲
Gross operating margin9900€6k€-5k▼
Operating profit (loss)9901€-8k€-19k▼
Financial income75/76B€179€614▲
Recurring financial income75€179€614▲
Financial charges65/66B€283€227▼
Recurring financial charges65€283€227▼
Profit (loss) for the period before taxes9903€-9k€-19k▼
Income taxes67/77€1€3▲
Profit (loss) for the period9904€-9k€-19k▼
Profit (loss) for the period to be appropriated9905€-9k€-19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-238k€-256k▼
Profit (loss) brought forward from the previous period14P€-229k€-238k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €0 | - | €0 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21k | €14k | €10k | €10k | €10k | = |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | €-30k | - | - | - |
| Other operating charges640/8 | - | - | €3k | €4k | €4k | ▲ 4.2% |
| Gross operating margin9900 | €19k | €13k | €-29k | €6k | €-5k | ▼ 184% |
| Operating profit (loss)9901 | €-3k | €-5k | €-13k | €-8k | €-19k | ▼ 123% |
| Financial income75/76B | - | - | €13 | €179 | €614 | ▲ 242% |
| Recurring financial income75 | €171 | €28k | €13 | €179 | €614 | ▲ 242% |
| Financial charges65/66B | - | - | €249 | €283 | €227 | ▼ 19.6% |
| Recurring financial charges65 | €2k | €478 | €249 | €283 | €227 | ▼ 19.6% |
| Profit (loss) for the period before taxes9903 | €-5k | €23k | €-13k | €-9k | €-19k | ▼ 115% |
| Income taxes67/77 | €1 | €4k | €6k | €1 | €3 | ▲ 92.3% |
| Profit (loss) for the period9904 | €-5k | €19k | €-19k | €-9k | €-19k | ▼ 115% |
| Profit (loss) for the period to be appropriated9905 | €-5k | €19k | €-19k | €-9k | €-19k | ▼ 115% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €453k | €430k | €378k | €367k | €373k | ▲ 1.7% |
| Fixed assets21/28 | €395k | €381k | €371k | €361k | €368k | ▲ 1.9% |
| Tangible fixed assets22/27 | €395k | €381k | €371k | €361k | €368k | ▲ 1.9% |
| Land and buildings22 | - | - | €316k | €315k | €314k | ▼ 0.3% |
| Plant, machinery and equipment23 | - | - | €55k | €46k | €54k | ▲ 18.1% |
| Furniture and vehicles24 | - | - | €599 | €299 | €0 | ▼ 100% |
| Current assets29/58 | €58k | €49k | €7k | €6k | €5k | ▼ 10.4% |
| Amounts receivable within one year40/41 | €34k | €18k | €3k | €2k | €3k | ▲ 15.9% |
| Trade receivables40 | - | - | €2k | €0 | €490 | - |
| Other amounts receivable41 | - | - | €2k | €2k | €2k | ▼ 3.9% |
| Cash at bank and in hand54/58 | €11k | €20k | €3k | €2k | €2k | ▼ 2.8% |
| Deferred charges and accrued income490/1 | - | - | €500 | €927 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €453k | €430k | €378k | €367k | €373k | ▲ 1.7% |
| Equity10/15 | €150k | €170k | €151k | €142k | €124k | ▼ 13.0% |
| Contributions10/11 | €62k | - | €62k | €62k | €62k | = |
| Revaluation surpluses12 | - | - | €266k | €266k | €266k | = |
| Reserves13 | €52k | €52k | €52k | €52k | €52k | = |
| Non-distributable reserves130/1 | - | - | €6k | €6k | €6k | = |
| Reserves not available under the articles1311 | - | - | €6k | €6k | €6k | = |
| Distributable reserves133 | - | - | €45k | €45k | €45k | = |
| Profit (loss) carried forward14 | €-230k | €-210k | €-229k | €-238k | €-256k | ▼ 7.8% |
| Provisions and deferred taxes16 | €237k | €237k | €207k | €207k | €207k | = |
| Provisions for liabilities and charges160/5 | - | - | €207k | €207k | €207k | = |
| Pensions and similar obligations160 | - | - | €207k | €207k | €207k | = |
| Major repairs and maintenance162 | - | - | €0 | - | - | - |
| Amounts payable17/49 | €66k | €23k | €20k | €17k | €42k | ▲ 145% |
| Amounts payable after more than one year17 | €35k | €15k | €0 | - | - | - |
| Other amounts payable178/9 | - | - | €0 | - | - | - |
| Amounts payable within one year42/48 | €3k | €8k | €20k | €17k | €42k | ▲ 145% |
| Trade debts44 | €1k | €704 | €2k | €0 | €3k | - |
| Suppliers440/4 | - | - | €2k | - | €3k | - |
| Taxes, remuneration and social security45 | - | - | €0 | €3 | €0 | ▼ 100% |
| Taxes450/3 | - | - | €0 | €3 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | €19k | €17k | €39k | ▲ 125% |
| Accrued charges and deferred income492/3 | - | - | €0 | €69 | €45 | ▼ 35.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-5k | €19k | €-19k | €-9k | €-19k | ▼ 115% |
| + Depreciation and write-downs630 | €21k | €14k | €10k | €10k | €10k | = |
| Operating cash flow (approximation) | €16k | €33k | €-8k | €2k | €-8k | ▼ 606% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €-17k | - |
| Change in cash | - | €9k | €-17k | €-797 | €-66 | ▲ 91.7% |
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
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
02-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
17-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 46 days late
2019
17-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
02-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 2 days late
2017
24-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 52 days late
2016
25-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Etterbeek · 1 establishment unit since 1994
Ground area
1,935 m²
Building footprint
1,138 m²
Volume, LiDAR
14,343 m³
2 parcels, Brussels · tallest building 31.9 m, ±5 floors. Linked by address, not a title deed.
103
companies at this address
See who is registered here
1 establishment unit
KEY PARTNER SA
since 19942.069.412.747
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21524C0240/00Z002 | Brussels | 1,522 m² | 1 · 941 m² | 17.0 m · 5 fl. |
| 21363B0354/00M005 | Brussels | 413 m² | 1 · 197 m² | 31.9 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,854 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded28-04-1994
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.