Key Technology
The computed 12-month bankruptcy probability of Key Technology is 0.4% (very low). The 2024 annual accounts show equity of €2.29M and a net result of €210k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 64% of 61 sector peers (fiscal year 2024). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €2.29M |
| Net result | €210k |
| Staff (FTE) | 45.7 |
| Better than sector | 64% |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 55.4% | 37.7% | |
| Net result | €210k | €18k | |
| Equity | €2.29M | €238k | |
| Gross operating margin | €5.59M | €138k | |
| Staff costs | €5.14M | €414k |
Show 13 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | €9.53M |
| EBITDA | €429k |
| Net profit | €210k |
| Cash flow | €294k |
| Staff costs | €5.14M |
| Income taxes | €121k |
| Dividends | - |
| Total assets | €4.14M |
| Equity | €2.29M |
| Debt | €1.85M |
| of which ≤ 1y | €1.85M |
| of which > 1y | - |
| Working capital | €1.91M |
| Employees (FTE) | 45.7 |
| 2024 | |
|---|---|
| Current ratio | 2.03 |
| Quick ratio | 2.03 |
| Working capital ratio | 46.1% |
| Solvency | 55.4% |
| Debt / equity | 0.81 |
| Long-term debt ratio | - |
| Interest coverage | 30.91 |
| Gross margin | 57.7% |
| Net margin | 2.2% |
| ROA | 5.1% |
| ROE | 9.2% |
| EBITDA margin | 4.5% |
| Days sales outstanding | 0d |
| Days payable outstanding | 42d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (24 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €4.14M |
| Fixed assets | 21/28 | €382k |
| Tangible fixed assets | 22/27 | €371k |
| Financial fixed assets | 28 | €11k |
| Current assets | 29/58 | €3.76M |
| Amounts receivable within one year | 40/41 | €3.30M |
| Cash & bank | 54/58 | €448k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.14M |
| Equity | 10/15 | €2.29M |
| Contributions / capital | 10/11 | €3.24M |
| Reserves | 13 | €22k |
| Accumulated profits (losses) | 14 | €-969k |
| Amounts payable | 17/49 | €1.85M |
| Amounts payable within one year | 42/48 | €1.85M |
| Trade debts payable within one year | 44 | €463k |
| Income statement | ||
| Turnover | 70 | €9.53M |
| Gross operating margin | 9900 | €5.59M |
| Operating result | 9901 | €345k |
| Financial income | 75 | €1 |
| Financial charges | 65 | €14k |
| Result before taxes | 9903 | €331k |
| Income taxes | 67/77 | €121k |
| Net result for the period | 9904 | €210k |
| Result to be appropriated | 9905 | €210k |
-
Erik BloemDirectorState Gazette act 20096997 (24-08-2020)Current24-08-2020 → present
Historic, not recently confirmed (5)
-
Carson Ford BrennanDirectorState Gazette act 19056928 (24-04-2019)Not recently confirmedlast confirmed in an act from 2019
-
Ehren John J.DirectorState Gazette act 18087943 (06-06-2018)Not recently confirmedlast confirmed in an act from 2018
-
Grant Thornton Bedrijfsrevisoren CVBALegal entityAuditorState Gazette act 18087943 (06-06-2018)Not recently confirmedlast confirmed in an act from 2018
-
Siegal Jeffrey T.DirectorState Gazette act 18087943 (06-06-2018)Not recently confirmedlast confirmed in an act from 2018
-
Jeffrey Thomas SiegalDirectorState Gazette act 16055904 (21-04-2016)Not recently confirmedlast confirmed in an act from 2016
Former directors (5)
-
Erik BLOMDirectorState Gazette act 24073848 (13-05-2024)Former- → 13-05-2024
-
Louis VintroDirectorState Gazette act 20096997 (24-08-2020)Former- → 24-08-2020
-
John Jeffrey EhrenDirectorState Gazette act 19156704 (02-12-2019)Former- → 02-12-2019
-
Jeffrey SiegalDirectorState Gazette act 19056928 (24-04-2019)Former- → 24-04-2019
-
EMBLA B.V.B.A.DirectorState Gazette act 16055904 (21-04-2016)Former- → 21-04-2016
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Baker Tilly Bedrijfsrevisoren BVCurrent Statutory auditor |
- | 28-07-2023 → present |
Show 2 earlier auditors
| Daelman Marc Statutory auditor succeeded by Baker Tilly Bedrijfsrevisoren BV in 2023 |
- | 25-03-2019 → 28-07-2023 |
| Loits Gunther Statutory auditor |
- | - → 25-03-2019 |
| NACE primary | Vervaardiging van machines voor de landbouw en de bosbouw(28300) |
| Legal form | Public limited company(014) |
| Incorporation | 14-10-2004 |
| Status | Active |
| Postal code | 3500 |
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.
| 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. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 22 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
13-12-2024 Baker Tilly Bedrijfsrevisoren BV appointed as statutory auditor
- Baker Tilly Bedrijfsrevisoren BV, Commissaris
Technical details
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}13-05-2024 Erik BLOM resigns as director
- Erik BLOM, Bestuurder
Technical details
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}28-07-2023 Baker Tilly Bedrijfsrevisoren BV appointed as statutory auditor
- Baker Tilly Bedrijfsrevisoren BV, Commissaris
Technical details
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}24-08-2020 1 director appointed, 1 resigning
- Erik Bloem, Bestuurder
- Louis Vintro, Bestuurder
Technical details
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"name": "Erik Bloem",
"address": null,
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}
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}02-12-2019 John Jeffrey Ehren resigns as director
- John Jeffrey Ehren, Bestuurder
Technical details
{
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"name": "John Jeffrey Ehren",
"address": null,
"birth_date": null
}
}
],
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"subject_company": {
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}
}24-04-2019 1 director appointed, 1 resigning
- Carson Ford Brennan, Bestuurder
- Jeffrey Siegal, Bestuurder
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
}
}
],
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"subject_company": {
"kbo": "0867.831.383",
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}25-03-2019 1 director appointed, 1 resigning
- Daelman Marc, Commissaris
- Loits Gunther, Commissaris
Technical details
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"rrn": null,
"name": "Loits Gunther",
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},
{
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"person": {
"rrn": null,
"name": "Daelman Marc",
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],
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"subject_company": {
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"name_full": "KEY TECHNOLOGY"
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}05-09-2018 Articles of association amended
Technical details
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"subject_company": {
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},
"legal_form_change": {
"new": "Naamloze vennootschap",
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}
}06-06-2018 3 directors appointed
- Grant Thornton Bedrijfsrevisoren CVBA, Auditor
- Siegal Jeffrey T., Bestuurder
- Ehren John J., Bestuurder
Technical details
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}
},
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},
{
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"rrn": null,
"name": "Ehren John J.",
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"subject_company": {
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}10-04-2017 Registered office moved within Hasselt
- Kiewitstraat 242, 3500 Hasselt → 3500 Hasselt, Bedrijfsstraat 6B
Technical details
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"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",
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"co_filed_documents": [
"kople notulen van 7 maart 2017"
]
}21-04-2016 1 director appointed, 1 resigning
- Jeffrey Thomas Siegal, Bestuurder
- EMBLA B.V.B.A., Bestuurder
Technical details
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"events": [
{
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"role": "bestuurder",
"person": {
"rrn": null,
"name": "EMBLA B.V.B.A.",
"address": null,
"birth_date": null
}
},
{
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"person": {
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}| Legal nameNL | Key Technology |