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Keyrus Management

Active
Public limited companyfounded 2008active for 18 yearsNijverheidslaan 3, 1853 Grimbergen, Belgium10 active companies are registered at this addressKBO/BCE: BE 0898.490.709
Summary

The annual accounts of Keyrus Management for financial year 2024 show a net loss of 99% of the equity at the start of that year. The 2024 annual accounts show equity of €2,526 and a net result of -€334,879. Equity is shrinking by about 35% per year across the filed financial years. Its solvency ranks better than 9% of 4,578 sector peers (NACE 70, financial year 2024). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Activity
Business and other management consultancy
NACE 70200
1 site
Size
€3.9mturnover 2024
Staff
8.8 FTE
Equity
€2,526
Loss
-€334,879
Financial health
53 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.2%
Structure
Parent
KEYRUS · 100%
  • LINESTDirector · permanent representative Marc Stukkens
Auditor: LERUSSE & CoAccounts 84 days overdue3 of 10 deeds read
Why 53raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearFigures for financial year 2024 (filed 27-06-2025)Loss of €334,879, the second in a row (financial year 2024)lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 1.01, cash €661,524Show the evidence

Checked score

Score 2024
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 10% of its sector peers (NACE 70, micro)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Weak
Solvency 25-11
equity 0.1% of total assets
Liquidity 35-11
short-term debt 99.2% · cash 28.2%
Profitability 1-13
return on assets -14.3%
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,416 companies, NACE 70, micro)
Last 24 months 11-2024: 0.3%lowest value 12-2024: 0.3%● unchanged vs 11-2024lowest value 01-2025: 0.3%● unchanged vs 12-2024lowest value 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.4%▲ +0.1 percentage points vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.2 percentage points vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.9%▲ +0.3 percentage points vs 07-2026 09-2026: 1.0%▲ +0.1 percentage points vs 08-2026 10-2026: 1.2%▲ +0.2 percentage points vs 09-2026highest value
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.01, compared with 1.12 in 2023, below the usual 1.5; short-term debt: 99.2% and cash: 28.2% of total assets), and 99.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro): better than 9% on solvency, 16% on liquidity, 8% on profitability and 8% on growth.

The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Eight signals.
lowers riskraises riskneutral
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · Figures for financial year 2024 (filed 27-06-2025)
NBB · annual accounts
raises risk · Loss of €334,879, the second in a row (financial year 2024)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.01, cash €661,524
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€334,879
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 4578 sector peers (2024).
NBB · sector comparison
Position among 4578 sector peers
Solvency
better than 9%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 84 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline23-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
34 days early
2023
35 days early
2022
32 days early
2021
61 days late
2020
117 days late
2019
161 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 40 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointment: Lerusse & Co (statutory auditor)Permanent representative: Pierre Lerusse
  2. Annual accounts filedfinancial year 2024 · full…
  3. RestructuringTransfer of a branch of…

Key points

  • Caution: Result fell in 2024from -€114,046 to -€334,879 ▼ 194% View
  • Caution: Among the weakest 6% on net resultsector median €45,533 · 4,589 companies -€334,879 View
  • Caution: Accounts not fileddeadline was 31-07-2026 84 days late View
  • Controlled by KEYRUSultimately: Keyrus SA 100% View
  • Caution: 2 loss-making years in a rowloss financial year 2024 -€334,879 View

By topic

Financials

Financial year
2024
Turnover
€3.9m
Loss
-€334,879
Solvency
0.1%
Turnover▼ 37.4%
Net result
20182024
Go to Financials

Timeline

Events
24
Since
2010
  1. 26-06-2024Annual accounts filed
  2. 31-05-2024Resignation: Keyrus NV (director)
  3. 29-06-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Business and other management consultancyNACE 70200
Founded
11-06-2008
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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