Skip to content
Checked.be
Complete company report
Generated 16-07-2026
Active BE 0867.831.383Public limited company

Key Technology

Bedrijfsstraat 6B ·3500 Hasselt, Belgium· 21 yrs active
Sector: NACE 28300 (28300)
Conclusion Checked

The computed 12-month bankruptcy probability of Key Technology is 0.6% (low). The 2023 annual accounts show equity of €2.08M and a net result of €321k. Equity is growing by ~100% per year across the filed fiscal years. Its solvency ranks better than 67% of 183 sector peers (fiscal year 2023). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 6 annual accounts.
Key figures
Equity €2.08M
Net result €321k
Staff (FTE) 45
Better than sector 67%
Snowflake analysis 5 axes · computed by Checked
Health95Profitability50Solvency98Growth52Stability100
79 / 100

Exceptional profile, strong across almost every axis.

Health 95
Profitability 50
Solvency 98
Growth 52
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.6% Low
0%0,5%1,5%4%10%≥25%
Multiple establishment units +Long track record −Lower-risk legal form −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Long-established
Founded in 2004, 21 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2023 · computed
95 / 100 Excellent
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 08-10-2024 with the NBB · fiscal year 2023 · volledig
€-10.00M€0€10.00M€20.00MRevenue 2019: €17.37M€17.37MOperating result 2019: €-199k€-199kNet result 2019: €-3.67M€-3.67MRevenue 2020: €15.55M€15.55MOperating result 2020: €374k€374kNet result 2020: €337k€337kRevenue 2021: €11.01M€11.01MOperating result 2021: €884k€884kNet result 2021: €862k€862kRevenue 2022: €9.04M€9.04MOperating result 2022: €1.12M€1.12MNet result 2022: €970k€970kRevenue 2023: €10.02M€10.02MOperating result 2023: €597k€597kNet result 2023: €321k€321k20192020202120222023
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~100%/year over 6 fiscal years, indicative, assuming unchanged policy.
€-2.00M€0€2.00M€4.00M2024: €2.64M (€2.32M - €2.95M)2025: €3.23M (€2.72M - €3.75M)2026: €3.83M (€3.13M - €4.54M)2018: €-147k2019: €-408k2020: €-71k2021: €791k2022: €1.76M2023: €2.08M201820192020202120222023202420252026
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2023 · NACE 28 · compared across all schema types (micro, abbreviated and full combined)
Metric This company Sector median Position in the sector
Solvency 56.9% 38.1%
better than 67% of 183 sector peers
Net result €321k €24k
better than 87% of 183 sector peers
Equity €2.08M €78k
better than 88% of 183 sector peers
Staff costs €5.48M €198k
higher than 95% of 88 sector peers
Employees (FTE) 45.0 6.1
better than 95% of 64 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€10.02M
+10.9% 18-23
EBITDA
€671k
-43.0% far above sector median
Net profit
€321k
-67.0% far above sector median
Cash flow
€395k
-61.6% far above sector median
Total assets
€3.66M
-17.1% far above sector median
Equity
€2.08M
+18.2% far above sector median
Working capital
€1.76M
+19.0% far above sector median
Employees (FTE)
45
-2.8% far above sector median
Staff costs
€5.48M
+26.3% far above sector median
Income taxes
€270k
+80.0% far above sector median
Debt
€1.58M
-40.5% far above sector median
Debt ≤ 1y
€1.50M
-41.8% far above sector median
Current ratio
2.17
+38.1% +49% vs sector
Quick ratio
2.17
+41.1% +109% vs sector
Solvency
56.9%
+42.6% +36% vs sector
Debt / equity
0.76
-49.7% -46% vs sector
ROE
15.4%
-72.0% -62% vs sector
ROA
8.8%
-60.1% +216% vs sector
Net margin
3.2%
-70.2% 18-23
EBITDA margin
6.7%
-48.6% 18-23
Interest coverage
109.85
-97.3% far above sector median
Figures by fiscal year
Fiscal year2023
Revenue€10.02M
EBITDA€671k
Net profit€321k
Cash flow€395k
Staff costs€5.48M
Income taxes€270k
Dividends-
Total assets€3.66M
Equity€2.08M
Debt€1.58M
of which ≤ 1y€1.50M
of which > 1y-
Working capital€1.76M
Employees (FTE)45.0
Ratios (computed)
2023
Current ratio2.17
Quick ratio2.17
Working capital ratio48.0%
Solvency56.9%
Debt / equity0.76
Long-term debt ratio-
Interest coverage109.85
Gross margin88.7%
Net margin3.2%
ROA8.8%
ROE15.4%
EBITDA margin6.7%
Days sales outstanding3d
Days payable outstanding41d
Inventory turnover-
Days inventory (DSI)0d
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€3.66M
Fixed assets 21/28€404k
Tangible fixed assets 22/27€393k
Financial fixed assets 28€11k
Current assets 29/58€3.25M
Stocks & contracts in progress 3€0
Amounts receivable within one year 40/41€2.76M
Cash & bank 54/58€332k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€3.66M
Equity 10/15€2.08M
Contributions / capital 10/11€3.24M
Reserves 13€22k
Accumulated profits (losses) 14€-1.18M
Amounts payable 17/49€1.58M
Amounts payable within one year 42/48€1.50M
Trade debts payable within one year 44€127k
Income statement
Turnover 70€10.02M
Operating result 9901€597k
Financial income 75€37
Financial charges 65€6k
Result before taxes 9903€591k
Income taxes 67/77€270k
Net result for the period 9904€321k
Result to be appropriated 9905€321k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary 28300
Legal form Public limited company(014)
Incorporation14-10-2004
StatusActive
Postal code3500
Establishment units 2 locations
Visys
Bedrijfsstraat 10, 3500 HasseltVervaardiging van machines voor de productie van voedings- en genotmiddelen
since 20042.143.647.540
Visys nv
Bedrijfsstraat 6B, 3500 HasseltVervaardiging van machines voor de productie van voedings- en genotmiddelen
since 20172.274.688.008
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71322A0283/00E000 Flanders 7,584 m² 1 · 2,182 m² 11.7 m · 2 fl.
71322A0267/00D002 Flanders 5,277 m² 1 · 1,475 m² 8.7 m · 2 fl.
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.
Updates 21 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2024
13-12-2024
State Gazette act Director changes
v3.2
08-10-2024
NBB filing Annual accounts filed
fiscal year 2023 · volledig
13-05-2024
State Gazette act Director changes
v3.2
23-01-2024
NBB filing Annual accounts filed
fiscal year 2022 · volledig
2023
28-07-2023
State Gazette act Director changes
v3.2
07-07-2023
NBB filing Annual accounts filed
fiscal year 2021 · volledig
2022
22-06-2022
NBB filing Annual accounts filed
fiscal year 2020 · volledig
2020
24-08-2020
State Gazette act Director changes
v3.2
26-06-2020
NBB filing Annual accounts filed
fiscal year 2019 · volledig
2019
02-12-2019
State Gazette act Director changes
v3.2
13-11-2019
NBB filing Annual accounts filed
fiscal year 2018 · volledig
24-04-2019
State Gazette act Director changes
v3.2
25-03-2019
State Gazette act Director changes
v3.2
2018
20-12-2018
NBB filing Annual accounts filed
fiscal year 2017 · volledig
05-09-2018
State Gazette act Statutes amendment
v3.2
06-06-2018
State Gazette act Director changes
v3.2
06-02-2018
NBB filing Annual accounts filed
fiscal year 2016 · volledig
06-02-2018
NBB filing Annual accounts filed
fiscal year 2015 · volledig
2017
10-04-2017
State Gazette act Registered-office change
Marc Dalle
2016
21-04-2016
State Gazette act Director changes
v3.2
2015
29-05-2015
NBB filing Annual accounts filed
fiscal year 2014 · volledig
Belgisch Staatsblad, acts 11 acts
Address history · 1
10-04-2017
Registered-office move
All acts · 11 updated 1 year ago
2024
13-12-2024 Baker Tilly Bedrijfsrevisoren BV appointed as statutory auditor Director changes
  • Baker Tilly Bedrijfsrevisoren BV, Commissaris
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "commissaris",
      "person": {
        "rrn": null,
        "name": "Baker Tilly Bedrijfsrevisoren BV",
        "address": null,
        "birth_date": null
      }
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0867.831.383",
    "name_full": "KEY TECHNOLOGY"
  }
}
13-05-2024 Erik BLOM resigns as director Director changes
  • Erik BLOM, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Erik BLOM",
        "address": null,
        "birth_date": null
      }
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0867.831.383",
    "name_full": "Key Technology"
  }
}
2023
28-07-2023 Baker Tilly Bedrijfsrevisoren BV appointed as statutory auditor Director changes
  • Baker Tilly Bedrijfsrevisoren BV, Commissaris
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "commissaris",
      "person": {
        "rrn": null,
        "name": "Baker Tilly Bedrijfsrevisoren BV",
        "address": null,
        "birth_date": null
      }
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0867.831.383",
    "name_full": "KEY TECHNOLOGY"
  }
}
2020
24-08-2020 1 director appointed, 1 resigning Director changes
  • Erik Bloem, Bestuurder
  • Louis Vintro, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Louis Vintro",
        "address": null,
        "birth_date": null
      }
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Erik Bloem",
        "address": null,
        "birth_date": null
      }
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0867.831.383",
    "name_full": "Key Technology"
  }
}
2019
02-12-2019 John Jeffrey Ehren resigns as director Director changes
  • John Jeffrey Ehren, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "John Jeffrey Ehren",
        "address": null,
        "birth_date": null
      }
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0867.831.383",
    "name_full": "Key Technology"
  }
}
24-04-2019 1 director appointed, 1 resigning Director changes
  • Carson Ford Brennan, Bestuurder
  • Jeffrey Siegal, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Jeffrey Siegal",
        "address": null,
        "birth_date": null
      }
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Carson Ford Brennan",
        "address": null,
        "birth_date": null
      }
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0867.831.383",
    "name_full": "Key Technology"
  }
}
25-03-2019 1 director appointed, 1 resigning Director changes
  • Daelman Marc, Commissaris
  • Loits Gunther, Commissaris
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "commissaris",
      "person": {
        "rrn": null,
        "name": "Loits Gunther",
        "address": null,
        "birth_date": null
      }
    },
    {
      "kind": "director_in",
      "role": "commissaris",
      "person": {
        "rrn": null,
        "name": "Daelman Marc",
        "address": null,
        "birth_date": null
      }
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0867.831.383",
    "name_full": "KEY TECHNOLOGY"
  }
}
2018
05-09-2018 Articles of association amended Statutes amendment
Summary: v3.2
Technical details 
{
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "name_change": {
    "new": "Key Technology",
    "old": "VISYS",
    "changed": true
  },
  "seat_change": {
    "changed": true
  },
  "object_change": {
    "changed": false
  },
  "subject_company": {
    "kbo": "0867.831.383",
    "name_full": "VISYS"
  },
  "legal_form_change": {
    "new": "Naamloze vennootschap",
    "old": "Naamloze vennootschap",
    "changed": false
  }
}
06-06-2018 3 directors appointed Director changes
  • Grant Thornton Bedrijfsrevisoren CVBA, Auditor
  • Siegal Jeffrey T., Bestuurder
  • Ehren John J., Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "auditor",
      "person": {
        "rrn": null,
        "name": "Grant Thornton Bedrijfsrevisoren CVBA",
        "address": null,
        "birth_date": null
      }
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Siegal Jeffrey T.",
        "address": null,
        "birth_date": null
      }
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Ehren John J.",
        "address": null,
        "birth_date": null
      }
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0867.831.383",
    "name_full": "VISYS"
  }
}
2017
10-04-2017 Registered office moved within Hasselt Registered-office change·Marc Dalle
  • Kiewitstraat 242, 3500 Hasselt → 3500 Hasselt, Bedrijfsstraat 6B
Notary: Marc Dalle · Hasselt
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "3500 Hasselt, Bedrijfsstraat 6B",
        "city": "Hasselt",
        "region": "vlaams_gewest",
        "street": "Bedrijfsstraat",
        "country": "BE",
        "postcode": "3500",
        "box_number": null,
        "street_number": "6B",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Kiewitstraat 242, 3500 Hasselt",
        "city": "Hasselt",
        "region": "vlaams_gewest",
        "street": "Kiewitstraat",
        "country": "BE",
        "postcode": "3500",
        "box_number": null,
        "street_number": "242",
        "locality_suffix": null
      },
      "effective_date": "2017-03-07",
      "evidence_quote": "In toepassing van artikel 2 van de statuten beslist de Raad van bestuur de maatschappelijke zetel te verplaatsen naar 3500 Hasselt, Bedrijfsstraat 6B.",
      "region_changed": false,
      "is_statute_change": false,
      "nationality_change": false,
      "old_address_source": "act_body",
      "statute_clause_text": "In toepassing van artikel 2 van de statuten beslist de Raad van bestuur de maatschappelijke zetel te verplaatsen naar 3500 Hasselt, Bedrijfsstraat 6B.",
      "statute_article_number": "2",
      "effective_date_qualifier": "absolute",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": "Marc Dalle",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Hasselt",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2017-04-10",
    "filing_date": "2017-03-28",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "raad_van_bestuur",
    "date": "2017-03-07",
    "unanimous": true
  },
  "subject_company": {
    "kbo": "0867.831.383",
    "name_full": "Visys",
    "legal_form": "NV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Marc Dalle",
    "org_rep_person_name": null,
    "person_role_at_subject": "Lasthebber"
  },
  "co_filed_documents": [
    "kople notulen van 7 maart 2017"
  ]
}
2016
21-04-2016 1 director appointed, 1 resigning Director changes
  • Jeffrey Thomas Siegal, Bestuurder
  • EMBLA B.V.B.A., Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "EMBLA B.V.B.A.",
        "address": null,
        "birth_date": null
      }
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Jeffrey Thomas Siegal",
        "address": null,
        "birth_date": null
      }
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0867.831.383",
    "name_full": "Visys"
  }
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE) Crossroads Bank
Activities
Vervaardiging van machines en werktuigen voor de landbouw en de bosbouw28300Vervaardiging van machines voor de landbouw en de bosbouw28300Vervaardiging van machines voor de productie van voedings- en genotmiddelen28930Vervaardiging van machines voor de productie van voedings- en genotmiddelen28930Vervaardiging van overige machines voor de landbouw en de bosbouw29321
Primary activity highlighted.
Names & trade names
Legal nameNL Key Technology
Registered office
Bedrijfsstraat 6B
3500 Hasselt, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Same NACE
DE BRUYNE BE 0427.050.517 · Oudenaarde
PoletDePypere Company BE 0825.121.095 · Ardooie
DEMA-C BE 0642.607.380 · Poperinge
DAMATINA BE 0465.296.627 · Beringen
Frolight BE 0765.279.520 · Gavere
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative