KEY STEAD COMPANY
ActiveSummary
KEY STEAD COMPANY has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18k and a net result of €-13k. Equity is shrinking by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 23% of 1518 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
42
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability49▼-24
Solvency35▼-6
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.04 against 0.26 in 2024; short-term debt: 89.3% and cash: 3% of total assets), and 89.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Sector 59
lower
← 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
10.3%
Return on assets
-7.2%
Age of the figures
18 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 1518 sector peers (2025).
NBB · sector comparisonPosition among 1518 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 10-11-2025, 10 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filingsDeviation from the deadline
2025
10 d late
2024
1 d early
2023
4 d early
2022
8 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 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€18k▼ 41.1%
2024 · €30k
2022: €26k
2023: €24k
2024: €30k
2022 → 2025
Total assets
€175k▼ 10.1%
2024 · €194k
2022: €31k
2023: €131k
2024: €194k
2022 → 2025
Net result
€-13k
2024 · €7k
2022: €21k
2023: €-3k
2024: €7k
2022 → 2025
Working capital
€-150k▼ 24.5%
2024 · €-120k
2022: €19k
2023: €-100k
2024: €-120k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€26k-€24k▼ 10.0%€30k▲ 27.9%€18k▼ 41.1%
Operating result€31k-€-3k€9k€-12k
Net result€21k-€-3k€7k€-13k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €12k after €9k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €175k
Fixed assets
€168k ▲ 11.3%
Current assets
€6k ▼ 85.4%
Equity and liabilities €175k
Equity
€18k ▼ 41.1%
Debt
€157k ▼ 4.4%
Debt's share of the balance-sheet total rises from 84.3% to 89.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€1k▼
2024 · €19k
Cash flow
€1k▼
2024 · €17k
Current ratio
0.04▼
2024 · 0.26
Debt to equity
8.74▲
2024 · 5.38
ROE
-69.9%▼
2024 · 21.8%
ROA
-7.2%▼
2024 · 3.4%
Interest coverage
4.65▼
2024 · 49.72
Debt ≤ 1 year
€156k▼
2024 · €163k
Income taxes
€-26▼
2024 · €2k
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 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€194k€175k▼
Fixed assets21/28€151k€168k▲
Tangible fixed assets22/27€151k€168k▲
Land and buildings22€106k€105k▼
Plant, machinery and equipment23€26k€37k▲
Furniture and vehicles24€20k€26k▲
Financial fixed assets28€600€600=
Current assets29/58€43k€6k▼
Amounts receivable within one year40/41€31k€159▼
Trade receivables40€31k-
Other amounts receivable41-€159
Cash at bank and in hand54/58€11k€5k▼
Deferred charges and accrued income490/1€541€920▲
Equity and liabilities
Total equity and liabilities10/49€194k€175k▼
Equity10/15€30k€18k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€25k€13k▼
Amounts payable17/49€164k€157k▼
Amounts payable within one year42/48€163k€156k▼
Trade debts44€9k€544▼
Suppliers440/4€9k€544▼
Taxes, remuneration and social security45€10k€220▼
Taxes450/3€10k€220▼
Other amounts payable47/48€144k€155k▲
Accrued charges and deferred income492/3€548€733▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€14k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€20k€3k▼
Operating profit (loss)9901€9k€-12k▼
Financial income75/76B-€117
Recurring financial income75-€117
Financial charges65/66B€376€258▼
Recurring financial charges65€376€258▼
Profit (loss) for the period before taxes9903€8k€-13k▼
Income taxes67/77€2k€-26▼
Profit (loss) for the period9904€7k€-13k▼
Profit (loss) for the period to be appropriated9905€7k€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€25k€13k▼
Profit (loss) brought forward from the previous period14P€19k€25k▲
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
2025
10-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
31-03
Financial
Weakest financial yearnet €-13k ▼289%
Net result drops to €-13k, the lowest in the series.
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
23-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Hamoir · 1 establishment unit since 2021
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.
Rue Es Thier 254180 HamoirGround area
1.2 ha
Building footprint
195 m²
Volume, LiDAR
1,180 m³
Parcel 61024A0440/00M000, Wallonia · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Key Stead Company
since 20212.315.349.319
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61024A0440/00M000 | Wallonia | 1.2 ha | 1 · 195 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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, comparable size
RABBIT HOLE
BE 0704.845.352
Antwerpen · Eq €17,954
ALPH STUDIOS
BE 0628.538.818
Gent · Eq €17,997
OLOBOROS GROUP
BE 0759.406.664
Liège · Eq €18,060
DIGITAL DISTRICT BE
BE 0641.643.122
Rixensart · Eq €17,759
COOKIES FILMS
BE 0838.359.023
Les Bons Villers · Eq €17,730
Of 2,575 companies in sector 59113 we hold annual accounts for 703. 485 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
Founded05-03-2021
Fiscal year end31-03
Activities, NACEBEL 2025
59113Video and film production, excluding cinema and television films
59120Post-production of films, video and television programmes
59201Sound recording
59202Motion picture, video and television programme production, sound recording and music publishing activities
59209Motion picture, video and television programme production, sound recording and music publishing activities
74201Photography, excluding press photography
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.