KEYTECH
InactiveInactive; last annual accounts for fiscal year 2025.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 17-02-2026, 17 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
17 d late
2024
121 d early
2023
97 d early
2022
137 d early
2021
109 d early
2020
13 d late
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 58 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2025, abbreviated schema
Equity
€177,561=
2024 · €177,561
Total assets
€201,165▼ 57.2%
2024 · €470,096
Net result
€6,060▼ 92.4%
2023 · €79,444
Working capital
€176,469▼ 0.6%
2024 · €177,613
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€58,369€114,205▲ 95.7%€108,444▼ 5.0%€6,519▼ 94.0%
Net result€38,570€84,426▲ 119%€79,444▼ 5.9%€6,060▼ 92.4%
Equity€52,631▲ 23.4%€92,057▲ 74.9%€171,501▲ 86.3%€177,561▲ 3.5%€177,561=
Total assets€168,245▲ 65.7%€259,771▲ 54.4%€358,535▲ 38.0%€470,096▲ 31.1%€201,165▼ 57.2%
Debt€115,613▲ 96.4%€167,713▲ 45.1%€187,034▲ 11.5%€292,535▲ 56.4%€23,604▼ 91.9%
Working capital€48,275▲ 55.9%€80,122▲ 66.0%€168,750▲ 111%€177,613▲ 5.3%€176,469▼ 0.6%
Staff (FTE)1.5=1.5=1.5=2▲ 33.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 94% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €201,165
Fixed assets
€1,092 =
Current assets
€200,074 ▼ 57.3%
Equity and liabilities €201,165
Equity
€177,561 =
Debt
€23,604 ▼ 91.9%
Debt's share of the balance-sheet total falls from 62.2% to 11.7%. Debt is lower.
Key figures and ratios
Current ratio
8.48▲
2024 · 1.61
Debt to equity
0.13▼
2024 · 1.65
Debt ≤ 1 year
€23,604▼
2024 · €291,391
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €81,419 | €89,003 | €99,913 | €129,555 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,682 | €2,748 | €9,435 | €1,659 | - | - |
| Other operating charges640/8 | €6,634 | €1,784 | €1,933 | €2,665 | - | - |
| Gross operating margin9900 | €148,104 | €207,740 | €219,724 | €140,398 | - | - |
| Operating profit (loss)9901 | €58,369 | €114,205 | €108,444 | €6,519 | - | - |
| Financial income75/76B | €4 | €315 | €41 | €5 | - | - |
| Recurring financial income75 | €4 | €315 | €41 | €5 | - | - |
| Financial charges65/66B | €432 | €652 | €2,069 | €151 | - | - |
| Recurring financial charges65 | €432 | €652 | €2,069 | €151 | - | - |
| Profit (loss) for the period before taxes9903 | €57,940 | €113,868 | €106,416 | €6,373 | - | - |
| Income taxes67/77 | €19,370 | €29,442 | €26,973 | €313 | - | - |
| Profit (loss) for the period9904 | €38,570 | €84,426 | €79,444 | €6,060 | - | - |
| Profit (loss) for the period to be appropriated9905 | €38,570 | €84,426 | €79,444 | €6,060 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €168,245 | €259,771 | €358,535 | €470,096 | €201,165 | ▼ 57.2% |
| Fixed assets21/28 | €4,356 | €12,185 | €2,751 | €1,092 | €1,092 | = |
| Tangible fixed assets22/27 | €4,356 | €12,185 | €2,751 | €1,092 | €1,092 | = |
| Land and buildings22 | €3,452 | €2,290 | €1,127 | €0 | - | - |
| Furniture and vehicles24 | €904 | €9,896 | €1,623 | €1,092 | €1,092 | = |
| Current assets29/58 | €163,889 | €247,585 | €355,785 | €469,004 | €200,074 | ▼ 57.3% |
| Amounts receivable within one year40/41 | €141,955 | €166,733 | €122,890 | €157,728 | €174,708 | ▲ 10.8% |
| Trade receivables40 | €141,428 | €155,968 | €122,890 | €127,434 | €174,481 | ▲ 36.9% |
| Other amounts receivable41 | €527 | €10,766 | - | €30,294 | €227 | ▼ 99.3% |
| Cash at bank and in hand54/58 | €17,720 | €60,527 | €213,862 | €303,458 | €21,940 | ▼ 92.8% |
| Deferred charges and accrued income490/1 | €4,214 | €20,325 | €19,033 | €7,819 | €3,425 | ▼ 56.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €168,245 | €259,771 | €358,535 | €470,096 | €201,165 | ▼ 57.2% |
| Equity10/15 | €52,631 | €92,057 | €171,501 | €177,561 | €177,561 | = |
| Contributions10/11 | €20,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Outside capital11 | €20,000 | €10,000 | €10,000 | - | €10,000 | - |
| Other1109/19 | €20,000 | €10,000 | €10,000 | - | €10,000 | - |
| Reserves13 | €32,631 | €32,631 | €32,631 | €32,631 | €32,631 | = |
| Distributable reserves133 | €32,631 | €32,631 | €32,631 | €32,631 | €32,631 | = |
| Profit (loss) carried forward14 | - | €49,426 | €128,870 | €134,930 | €134,930 | = |
| Amounts payable17/49 | €115,613 | €167,713 | €187,034 | €292,535 | €23,604 | ▼ 91.9% |
| Amounts payable within one year42/48 | €115,613 | €167,463 | €187,034 | €291,391 | €23,604 | ▼ 91.9% |
| Financial debts43 | €2,010 | €2,007 | - | - | - | - |
| Credit institutions430/8 | €2,010 | €2,007 | - | - | - | - |
| Trade debts44 | €74,632 | €83,174 | €131,035 | €242,894 | - | - |
| Suppliers440/4 | €74,632 | €83,174 | €131,035 | €242,894 | - | - |
| Advances received on contracts in progress46 | - | - | - | - | €6,452 | - |
| Taxes, remuneration and social security45 | €36,443 | €47,282 | €55,738 | €48,497 | €15,460 | ▼ 68.1% |
| Taxes450/3 | €25,281 | €35,587 | €42,040 | €29,615 | - | - |
| Remuneration and social security454/9 | €11,163 | €11,695 | €13,698 | €18,882 | €15,460 | ▼ 18.1% |
| Other amounts payable47/48 | €2,528 | €35,000 | €262 | €0 | €1,693 | - |
| Accrued charges and deferred income492/3 | - | €250 | - | €1,144 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €38,570 | €84,426 | €79,444 | €6,060 | - | - |
| + Depreciation and write-downs630 | €1,682 | €2,748 | €9,435 | €1,659 | - | - |
| Operating cash flow (approximation) | €40,252 | €87,175 | €88,878 | €7,719 | - | - |
| Investment in fixed assets (approximation) | - | -€10,578 | €0 | €0 | €0 | - |
| Change in cash | - | €42,808 | €153,335 | €89,596 | -€281,518 | ▼ 414% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
17-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 17 days late
2025
30-06
Financial
Liquidity times 5current ratio 8.48
Current ratio from 1.61 to 8.48; short-term debt falls from €291,391 to €23,604.
01-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150,000Eq €171,501 ▲86.3%
3 profitable years in a row build equity to €171,501.
16-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €84,426 ▲119%
Operating result €114,205, net result €84,426, both a record.
13-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €38,570
Net result €38,570 after one loss-making year.
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
31-12
Financial
Weakest financial yearnet -€9,754
Net result drops to -€9,754, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
Show earlier events
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
15-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
1 ownerChain of control
- BE. WAN
- KEYTECH
Highest known parent: BE. WAN. The sources do not say who stands above it.
Owners 1
- BE. WANparentSourceaccounts BE. WAN 2024100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.