KEYLOG
Dissolution or liquidationOverview
Activity
Activity not known
Size
≈ €270,000turnover 2024, estimated
- Equity
- €750,314
- Profit
- €72,683
Turnover estimated from the gross margin
Financial health
Dissolution or liquidation: no score
Signalsraises riskRegister: dissolution or liquidation2024 accounts filed 82 days lateAdministrative warnings in the KBO publicationsShow the evidence
Signals
Three signals.
raises risk
raises risk · 2024 accounts filed 82 days late
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 23-04-2025, 82 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
82 days late
2023
279 days late
2022
644 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 335 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
- Closure of the judicial dissolutionEnterprise Court of Brussels ·…
- Judicial dissolution, liquidator appointedEnterprise Court of Brussels ·…
- Address struckKBO administration
Financials · financial year 2024, full format
2024 annual accounts filed late (82 days) Filed on 23 April 2025, deadline 31 January 2025 (7 months after the close on 30 June 2024, Companies Code art. 3:10). Source: NBB, 2025-00076549.
Turnover
€149,670▼ 65.5%
2022 · €433,213
EBIT margin
46.6%▼ 88.0pp
2022 · 134.6%
Net result
€72,683▲ 4.2%
2023 · €69,739
Working capital
€581,963▲ 6.2%
2023 · €547,962
Trend over the years
2022 to 2024, 3 financial years
The operating result recovers in 2024; 2024 is 5% above 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€149,670
2023
Operating result€73,098
2024
Net result€72,683
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€826,868
2024
Equity€750,314
2024
Debt€76,554
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€581,963
2024
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin46.6%
2023
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line202220232024
Turnover€433,213-€149,670▼ 65.5%
Operating result€583,091-€69,739▼ 88.0%€73,098▲ 4.8%
Net result€582,622-€69,739▼ 88.0%€72,683▲ 4.2%
EBIT margin134.6%-46.6%▼ 88.0pp
Equity€607,622-€677,361▲ 11.5%€750,314▲ 10.8%
Total assets€670,359-€774,516▲ 15.5%€826,868▲ 6.8%
Debt€62,737-€97,155▲ 54.9%€76,554▼ 21.2%
Working capital€429,253-€547,962▲ 27.7%€581,963▲ 6.2%
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €826,868
Fixed assets
€200,991 ▲ 18.0%
Current assets
€625,877 ▲ 3.6%
Equity and liabilities €826,868
Equity
€750,314 ▲ 10.8%
Debt
€76,554 ▼ 21.2%
Debt's share of the balance-sheet total falls from 12.5% to 9.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€105,738▼
2023 · €125,208
Cash flow
€105,323▼
2023 · €125,208
Current ratio
14.25▲
2023 · 10.75
Debt to equity
0.10▼
2023 · 0.14
ROE
9.7%▼
2023 · 10.3%
ROA
8.8%▼
2023 · 9.0%
Interest coverage
over 100
Debt ≤ 1 year
€43,914▼
2023 · €56,192
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Turnover70 | €433,213 | €149,670 | - | - |
| Goods, raw materials, services and sundry goods60/61 | €170,828 | €22,353 | - | - |
| Remuneration, social security and pensions62 | €84,652 | €1,959 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €55,469 | €55,469 | €32,640 | ▼ 41.2% |
| Other operating charges640/8 | €3,031 | €149 | €1,626 | ▲ 991% |
| Non-recurring operating charges66A | - | - | €331 | - |
| Gross operating margin9900 | €726,243 | €127,317 | €107,694 | ▼ 15.4% |
| Operating profit (loss)9901 | €583,091 | €69,739 | €73,098 | ▲ 4.8% |
| Financial charges65/66B | €469 | - | €416 | - |
| Recurring financial charges65 | €469 | - | €416 | - |
| Profit (loss) for the period before taxes9903 | €582,622 | €69,739 | €72,683 | ▲ 4.2% |
| Profit (loss) for the period9904 | €582,622 | €69,739 | €72,683 | ▲ 4.2% |
| Profit (loss) for the period to be appropriated9905 | €582,622 | €69,739 | €72,683 | ▲ 4.2% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €670,359 | €774,516 | €826,868 | ▲ 6.8% |
| Fixed assets21/28 | €225,832 | €170,363 | €200,991 | ▲ 18.0% |
| Tangible fixed assets22/27 | €221,877 | €166,408 | €195,491 | ▲ 17.5% |
| Land and buildings22 | €219,531 | €164,531 | €143,272 | ▼ 12.9% |
| Plant, machinery and equipment23 | - | - | €32,500 | - |
| Furniture and vehicles24 | €2,346 | €1,877 | €11,249 | ▲ 499% |
| Other tangible fixed assets26 | - | - | €8,470 | - |
| Financial fixed assets28 | €3,955 | €3,955 | €5,500 | ▲ 39.1% |
| Current assets29/58 | €444,527 | €604,154 | €625,877 | ▲ 3.6% |
| Amounts receivable within one year40/41 | €443,928 | €603,279 | €547,997 | ▼ 9.2% |
| Trade receivables40 | €429,718 | €584,404 | €547,997 | ▼ 6.2% |
| Other amounts receivable41 | €14,210 | €18,875 | - | - |
| Cash at bank and in hand54/58 | €599 | €875 | €70,221 | ▲ 80× |
| Deferred charges and accrued income490/1 | - | - | €7,659 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €670,359 | €774,516 | €826,868 | ▲ 6.8% |
| Equity10/15 | €607,622 | €677,361 | €750,314 | ▲ 10.8% |
| Contributions10/11 | €25,000 | €25,000 | €25,000 | = |
| Capital10 | - | - | €25,000 | - |
| Issued capital100 | - | - | €25,000 | - |
| Contributions outside capital11 | €25,000 | €25,000 | - | - |
| Other1109/19 | €25,000 | €25,000 | - | - |
| Profit (loss) carried forward14 | €582,622 | €652,361 | €725,314 | ▲ 11.2% |
| Amounts payable17/49 | €62,737 | €97,155 | €76,554 | ▼ 21.2% |
| Amounts payable within one year42/48 | €15,274 | €56,192 | €43,914 | ▼ 21.9% |
| Trade debts44 | €12,098 | €55,151 | €34,169 | ▼ 38.0% |
| Suppliers440/4 | €12,098 | €55,151 | €34,169 | ▼ 38.0% |
| Taxes, remuneration and social security45 | €3,176 | €1,041 | €9,745 | ▲ 836% |
| Taxes450/3 | - | - | €9,745 | - |
| Remuneration and social security454/9 | €3,176 | €1,041 | - | - |
| Accrued charges and deferred income492/3 | €47,463 | €40,963 | €32,640 | ▼ 20.3% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €582,622 | €69,739 | €72,683 | ▲ 4.2% |
| + Depreciation and write-downs630 | €55,469 | €55,469 | €32,640 | ▼ 41.2% |
| Operating cash flow (approximation) | €638,091 | €125,208 | €105,323 | ▼ 15.9% |
| Investment in fixed assets (approximation) | - | €0 | -€63,268 | - |
| Change in cash | - | €275 | €69,346 | ▲ 252× |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2024 | full format | 23-04-2025 | 2025-00076549 |
| 30-06-2023 | full format | 05-11-2024 | 2024-00528583 |
| 30-06-2022 | full format | 05-11-2024 | 2024-00528826 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director, last change in 2025
ABBAS MAHMOUD
CurrentDirector · since 15-09-2025
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
2 of this company's 6 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
4 people since 2023, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| ABBAS MAHMOUD |
|
| alwan abdo |
|
| Bakkali Chokri |
|
| YEBDA Elias |
|
Owners and capital
Capital and shareholders
Shareholders according to the deeds
Stated in the act
act of 15-09-2025 ↗
- ALWAN ABDO
- ABBAS MAHMOUD 100 shares
Share transfer
act of 15-09-2025 ↗
- ALWAN ABDO to ABBAS MAHMOUD 100 shares
Stated in the act
act of 07-03-2025 ↗
- alwan abdo Bestuurder · 100 shares
- Bakkali Chokri Bestuurder
Share transfer
act of 07-03-2025 ↗
- Bakkali Chokri to alwan abdo 100 shares
Share transfer
act of 22-06-2023 ↗
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
History
Acts, filings and financial milestones
2026
11-06
Bankruptcy
Closure of the judicial dissolution
Enterprise Court of Brussels · liquidator: Dehandschutter Bert · judgment of 02-06-2026
2025
07-11
Bankruptcy
Judicial dissolution, liquidator appointed
Enterprise Court of Brussels · liquidator: Dehandschutter Bert · judgment of 31-10-2025
22-09
KBO administration
Address struck
15-09
Gazette deed
Resignation: ALWAN ABDO (director)Appointment: ABBAS MAHMOUD (director) · Share transfer · Shareholding6 facts ▸
Gazette deed
Resignation: ALWAN ABDO (director)
Appointment: ABBAS MAHMOUD (director) · Share transfer · Shareholding6 facts ▸
- General meeting, 27-02-2025
- Director resignation, ALWAN ABDO (director)
- Director appointment, ABBAS MAHMOUD (director)
- Share transfer, ALWAN ABDO → ABBAS MAHMOUD
- Shareholding, “parts sociales”, 0 (deed in Dutch)
- Shareholding, “parts sociales”, 100 (deed in Dutch)
23-04
NBB filing
Annual accounts filed
financial year 2024 · full format · 82 days late
07-03
Gazette deed
Resignation: Bakkali Chokri (director)Appointment: alwan abdo (director) · Share transfer · Shareholding6 facts ▸
Gazette deed
Resignation: Bakkali Chokri (director)
Appointment: alwan abdo (director) · Share transfer · Shareholding6 facts ▸
- General meeting, 02-08-2024
- Director resignation, Bakkali Chokri (director)
- Director appointment, alwan abdo (director)
- Share transfer, Bakkali Chokri → alwan abdo
- Shareholding, “Bestuurder”, 100 (deed in Dutch)
- Shareholding, “Bestuurder”, 0 (deed in Dutch)
2024
13-11
Gazette deed
Registered officeRegistered-office move2 facts ▸
Gazette deed
Registered office
Registered-office move2 facts ▸
- General meeting, 30-09-2024
- Registered-office move, GROOTBIJGARDENSTRAAT14-1082BRUSSELS
05-11
NBB filing
Annual accounts filed
financial year 2023 · full format · 279 days late
05-11
NBB filing
Annual accounts filed
financial year 2022 · full format · 644 days late
2023
30-06
Financial
Weakest financial yearnet €69,739 ▼88%
Net result drops to €69,739, the lowest in the series.
22-06
Gazette deed
Resignation: YEBDA Elias (director)Appointment: BAKKALI Chokri (director) · Director discharge · Share transfer6 facts ▸
Gazette deed
Resignation: YEBDA Elias (director)
Appointment: BAKKALI Chokri (director) · Director discharge · Share transfer6 facts ▸
- General meeting, 31-12-2022
- Director resignation, YEBDA Elias (director)
- Director discharge, YEBDA Elias
- Director appointment, BAKKALI Chokri (director)
- Share transfer, YEBDA Elias → BAKKALI Chokri
- Registered-office move, Imperiastraat 8 1930 Zaventem
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
4 of 6 deeds read
About the unread acts
Of the 6 Belgian Official Gazette deeds we know for this company, 4 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Inactive
Inactive since June 2026
KEYLOG has not been in the KBO register since 16 June 2026.
- Status
- Inactiveout of the register since 16 June 2026
- Reason
- Gerechtelijke ontbinding of nietigheid
- Last annual accounts
- financial year to 30 June 2024
- Last registered office
- Bijgardenstraat 14, 1082 Sint-Agatha-Berchemas published on 15 September 2025
- Legal form
- Private limited company
- Active since
- 16 September 2020
Register details
Identification
Legal formPrivate limited company
Financial year end30-06
E-invoicing
Not found in the Peppol Directory
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Sint-Agatha-Berchem
Ground area
290 m²
Building footprint
293 m²
Building volume
2,049 m³
Parcel 21342B0043/00F003, Brussels · tallest building 10.6 m. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21342B0043/00F003 | Brussels | 290 m² | 1 · 293 m² | 10.6 m · 2 |
How the parcels are linked
Good to know
The parcel matches the address exactly.