Active BE 0543.444.478Private limited company

KEYSER

Mounstraat 22 ·3470 Kortenaken, Belgium· 12 yrs active

Sector: NACE 66220 (66220)

Conclusion Checked

KEYSER is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2023 annual accounts show equity of €161k and a net result of €-24k. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 87% of 181 sector peers (fiscal year 2023). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 6 annual accounts.

Key figures

Equity	€161k
Net result	€-24k
Better than sector	87%
Active	12 yrs

Snowflake analysis 5 axes · computed by Checked

50 / 100

Mixed profile: strong on solvency, weaker on health.

Health 0

Profitability 0

Solvency 100

Growth 52

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 3 signals

Established

Founded in 2013, 12 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

Model not applicable to financial institutions

The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.

Financial overview10 NBB filings

Annual accounts filed on 29-06-2024 with the NBB · fiscal year 2023 · verkort

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

stable Equity: stable across 6 fiscal years (±1.7%/year).

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 66 · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	75.0%	26.1%	better than 87% of 181 sector peers
Net result	€-24k	€65k	better than 10% of 181 sector peers
Equity	€161k	€165k	better than 50% of 181 sector peers
Gross operating margin	€-24k	€361k	better than 6% of 182 sector peers
Total assets	€214k	€1.04M	better than 17% of 182 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Net profit

€-24k

-5.9% far below sector median

Total assets

€214k

-20.6% -93% vs sector

Equity

€161k

-13.0% -92% vs sector

Income taxes

€528

-97.3% -99% vs sector

Debt

€54k

-36.9% -96% vs sector

Debt ≤ 1y

€29k

-52.3% -94% vs sector

Debt > 1y

€40k

-70.5% -94% vs sector

Solvency

75.0%

+9.5% +28% vs sector

ROE

-15.0%

-21.7% far below sector median

ROA

-11.2%

-33.3% far below sector median

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2023
Revenue	n/a
EBITDA	n/a
Net profit	€-24k
Cash flow	n/a
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€214k
Equity	€161k
Debt	€54k
of which ≤ 1y	€29k
of which > 1y	-
Working capital	n/a
Employees (FTE)	-

Ratios (computed)

	2023
Current ratio	n/a
Quick ratio	n/a
Working capital ratio	n/a
Solvency	75.0%
Debt / equity	n/a
Long-term debt ratio	n/a
Interest coverage	n/a
Gross margin	n/a
Net margin	n/a
ROA	-11.2%
ROE	-15.0%
EBITDA margin	n/a
Days sales outstanding	n/a
Days payable outstanding	n/a
Inventory turnover	n/a
Days inventory (DSI)	n/a

Balance-sheet composition 2023

Equity & liabilities

Equity €161k · 75.0% Debt €54k · 25.0%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€214k
Current assets	29/58	€214k
Amounts receivable within one year	40/41	€90
Cash & bank	54/58	€214k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€214k
Equity	10/15	€161k
Contributions / capital	10/11	€28k
Accumulated profits (losses)	14	€133k
Amounts payable	17/49	€54k
Amounts payable within one year	42/48	€29k
Trade debts payable within one year	44	€445
Income statement
Gross operating margin	9900	€-24k
Operating result	9901	€-24k
Financial charges	65	€45
Result before taxes	9903	€-24k
Net result for the period	9904	€-24k
Result to be appropriated	9905	€-24k

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	66220
Legal form	Private limited company(610)
Incorporation	19-12-2013
Status	Active
Postal code	3470

Establishment units 1 location

KEYNVEST

Malendriesstraat 35, 3370 BoutersemRechtstreekse verzekeringsverrichtingen leven

since 20142.226.915.211

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.
24049C0121/00P000	Flanders	975 m²	1 · 158 m²	10.4 m · 3 fl.
24054C0177/00C002	Flanders	839 m²	1 · 204 m²	10.3 m · 1 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 10 events

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

2024

29-06-2024