KEY SOLUTION PROJECTS
ActiveKEY SOLUTION PROJECTS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €141k and a net result of €12k. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 39% of 9380 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
87
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability41▲+13
Solvency77▲+1
Growth52=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 1.55 against 1.54 in 2024), but 57.5% of the assets are financed with debt.
Credit advice for your own amount and term
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 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
42.5%
Return on assets
3.5%
Age of the figures
8 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 10 filingsDeviation from the deadline
2025
26 d late
2024
on the day
2023
14 d early
2022
30 d late
2021
34 d early
2020
31 d late
2019
32 d early
← before the deadline
after the deadline →
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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€141k▲ 8.9%
2024 · €130k
2018: €98k
2019: €111k
2020: €117k
2021: €117k
2022: €117k
2023: €122k
2024: €130k
2018 → 2025
Total assets
€332k▲ 7.6%
2024 · €309k
2018: €187k
2019: €272k
2020: €321k
2021: €216k
2022: €242k
2023: €236k
2024: €309k
2018 → 2025
Net result
€12k▲ 57.0%
2024 · €7k
2018: €26k
2019: €13k
2020: €6k
2021: €29k
2022: €18k
2023: €5k
2024: €7k
2018 → 2025
Working capital
€106k▲ 9.2%
2024 · €97k
2018: €95k
2019: €55k
2020: €69k
2021: €81k
2022: €65k
2023: €69k
2024: €97k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€117k-€117k=€122k▲ 4.3%€130k▲ 6.0%€141k▲ 8.9%
Operating result€36k-€27k▼ 24.8%€9k▼ 67.8%€12k▲ 38.0%€18k▲ 51.4%
Net result€29k-€18k▼ 37.7%€5k▼ 71.9%€7k▲ 45.8%€12k▲ 57.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 51% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €332k
Fixed assets
€35k▲ 7.9%
Current assets
€297k▲ 7.6%
Equity and liabilities €332k
Equity
€141k▲ 8.9%
Debt
€191k▲ 6.7%
The debt ratio falls from 58.0% to 57.5%: equity grows faster than debt.
Key figures and ratios
EBITDA
€30k▼
2024 · €33k
Cash flow
€23k▼
2024 · €28k
Solvency
42.5%▲
2024 · 42.0%
Current ratio
1.55▲
2024 · 1.54
Quick ratio
1.55▲
2024 · 1.54
Debt / equity
1.35▼
2024 · 1.38
ROE
8.2%▲
2024 · 5.7%
ROA
3.5%▲
2024 · 2.4%
Interest coverage
10.02▼
2024 · 30.26
Debt
€191k▲
2024 · €179k
Debt ≤ 1 year
€191k▲
2024 · €179k
Income taxes
€4k▼
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€309k€332k▲
Fixed assets21/28€33k€35k▲
Tangible fixed assets22/27€33k€35k▲
Land and buildings22€2k€2k▼
Plant, machinery and equipment23€0€3k▲
Furniture and vehicles24€31k€30k▼
Current assets29/58€276k€297k▲
Amounts receivable after more than one year29€8k€0▼
Trade receivables290€8k€0▼
Amounts receivable within one year40/41€165k€145k▼
Trade receivables40€146k€131k▼
Other amounts receivable41€19k€14k▼
Cash at bank and in hand54/58€62k€132k▲
Deferred charges and accrued income490/1€41k€20k▼
Equity and liabilities
Total equity and liabilities10/49€309k€332k▲
Equity10/15€130k€141k▲
Contributions10/11€12k€12k=
Reserves13€117k€129k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€116k€127k▲
Amounts payable17/49€179k€191k▲
Amounts payable within one year42/48€179k€191k▲
Trade debts44€175k€186k▲
Suppliers440/4€175k€186k▲
Taxes, remuneration and social security45€4k€5k▲
Taxes450/3€4k€4k▼
Remuneration and social security454/9-€1k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€12k▼
Other operating charges640/8€2k€2k▼
Non-recurring operating charges66A€356-
Gross operating margin9900€36k€32k▼
Operating profit (loss)9901€12k€18k▲
Financial income75/76B€366€0▼
Recurring financial income75€366€0▼
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€11k€15k▲
Income taxes67/77€4k€4k▼
Profit (loss) for the period9904€7k€12k▲
Profit (loss) for the period to be appropriated9905€7k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€12k▲
Transfer to equity691/2€7k€12k▲
To other reserves6921€7k€12k▲
The notes to these accounts (9 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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €5k ▼71.9%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €29k ▲356%
Net result €29k, the highest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €111k ▲13.6%
2 profitable years in a row build equity to €111k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
21-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 52 days late
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Merchtem · 2 establishment units since 2011
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.
Holbeek 351785 MerchtemGround area
1,562 m²
Building footprint
255 m²
Volume, LiDAR
1,388 m³
2 parcels, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
KEY SOLUTION PROJECTS
since 20112.209.775.509
KEY SOLUTION PROJECTS
since 20202.304.578.260
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23052D0185/00W000 | Flanders | 1,291 m² | 1 · 104 m² | 8.5 m · 2 fl. |
| 23052B0115/00C003 | Flanders | 270 m² | 1 · 151 m² | 9.9 m · 2 fl. |
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
DEWIL architecten
BE 0422.703.927
Brussel · Eq €141k
RV Concept
BE 0760.983.608
Oudenaarde · Eq €142k
TRIANGLE ARCHITECTES
BE 0439.177.891
Liège · Eq €142k
LOUIS DE CLERCQ
BE 0785.695.248
Zwalm · Eq €142k
BREKER
BE 1006.509.018
Liedekerke · Eq €142k
Of 18,208 companies in sector 71111 we hold annual accounts for 6,291. 5,343 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-12-2011
Fiscal year end31-12
Activities, NACEBEL
71111Activities of building architects
43342Specialised construction activities
43343Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.