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KEYLOG

Active
Private limited company· 5 yrs active
KBO/BCE: BE 0754.471.146
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age5 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of KEYLOG is 7.2% (elevated). The 2024 annual accounts show equity of €750k and a net result of €73k. Equity is growing by ~10.5% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Based on the State Gazette, CBE and 3 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
7.2% Elevated
0%0,5%1,5%4%10%≥25%
Recent warning signals +Young company +No NACE activity registered +

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

Insolvency timeline

1 events
22-09-2025
KBO administration Address struck

Signals

2 signals · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend
Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

1 signal
More than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.

Administrative Flags

1 event
Address struck

Financials

Turnover€150k-65.5%
EBIT margin46.6%-88.0pp
Net result€73k+4.2%
Working capital€582k+6.2%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 23-04-2025 with the NBB · fiscal year 2024 · volledig
€0€200k€400k€600kRevenue 2022: €433k€433kOperating result 2022: €583k€583kNet result 2022: €583k€583kRevenue 2023: €150k€150kOperating result 2023: €70k€70kNet result 2023: €70k€70kOperating result 2024: €73k€73kNet result 2024: €73k€73k202220232024
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 ~10.5%/year over 3 fiscal years, indicative, assuming unchanged policy.
€600k€800k€1.00M2025: €822k (€762k - €882k)2026: €893k (€833k - €953k)2027: €964k (€904k - €1.02M)2022: €608k2023: €677k2024: €750k202220232024202520262027
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).

Revenue
€150k
-65.5% 22-24
EBITDA
€106k
-15.6% 22-24
Net profit
€73k
+4.2% 22-24
Cash flow
€105k
-15.9% 22-24
Total assets
€827k
+6.8% 22-24
Equity
€750k
+10.8% 22-24
Working capital
€582k
+6.2% 22-24
Staff costs
€2k
-97.7% 22-24
Debt
€77k
-21.2% 22-24
Debt ≤ 1y
€44k
-21.9% 22-24
Current ratio
14.25
+32.6% 22-24
Quick ratio
14.25
+32.6% 22-24
Solvency
90.7%
+3.8% 22-24
Debt / equity
0.10
-28.9% 22-24
ROE
9.7%
-5.9% 22-24
ROA
8.8%
-2.4% 22-24
Net margin
46.6%
-65.4% 22-24
EBITDA margin
83.7%
-43.2% 22-24
Interest coverage
254.30
-81.3% 22-24
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€106k
Net profit€73k
Cash flow€105k
Staff costs-
Income taxes-
Dividends-
Total assets€827k
Equity€750k
Debt€77k
of which ≤ 1y€44k
of which > 1y-
Working capital€582k
Employees (FTE)-
Ratios (computed)
2024
Current ratio14.25
Quick ratio14.25
Working capital ratio70.4%
Solvency90.7%
Debt / equity0.10
Long-term debt ratio-
Interest coverage254.30
Gross margin-
Net margin-
ROA8.8%
ROE9.7%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€827k
Fixed assets 21/28€201k
Tangible fixed assets 22/27€195k
Financial fixed assets 28€6k
Current assets 29/58€626k
Amounts receivable within one year 40/41€548k
Cash & bank 54/58€70k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€827k
Equity 10/15€750k
Contributions / capital 10/11€25k
Accumulated profits (losses) 14€725k
Amounts payable 17/49€77k
Amounts payable within one year 42/48€44k
Trade debts payable within one year 44€34k
Income statement
Gross operating margin 9900€108k
Operating result 9901€73k
Financial charges 65€416
Result before taxes 9903€73k
Net result for the period 9904€73k
Result to be appropriated 9905€73k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
94 / 100 Excellent
050100

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

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register
289 companies at this address See who is registered here
Parcels1
Ground area290 m²
Buildings1
Building footprint293 m²
Volume (LiDAR)2,049 m³
Tallest building10.6 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21342B0043/00F003 Brussels 290 m² 1 · 293 m² 10.6 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

1 event from the State Gazette
22-09-2025
KBO administration Address struck

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-09-22 · KBO administration · Address struck
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgisch Staatsblad · acts

5 acts
Capital history · 3
15-09-2025
Capital change
22-06-2023
Capital change
20-10-2021
Capital change
Address history · 1
13-11-2024
Registered-office move
All acts · 5 updated 10 months ago
2025
15-09-2025 All shares are now held by a single shareholder Capital & shares
07-03-2025 1 director appointed, 1 resigning Director changes
  • alwan abdo, Bestuurder
  • Bakkali Chokri, Bestuurder
2024
13-11-2024 Registered office moved from ZAVENTEM to BRUSSELS Registered-office change
  • IMPERIASTRAAT,8 -1930 ZAVENTEM → GROOT BIJGARDENSTRAAТ 14 - 1082 BRUSSELS
2023
22-06-2023 All shares are now held by a single shareholder Capital & shares
2021
20-10-2021 All shares are now held by a single shareholder Capital & shares

Analysis

Snowflake analysis

financial profile on 5 axes
Health94Profitability48Solvency100Growth35Stability86
73 / 100

Strong profile, led by solvency.

Health 94
Profitability 48
Solvency 100
Growth 35
Stability 86

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameNL KEYLOG
Registration history
  1. 22-09-2025 Address struck
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.