Summary
KEYTEO GROUP is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €7.0m and a net result of €3.5m. Equity remains stable across the filed fiscal years (±0% per year). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked 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. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-06-2026, 35 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
35 d early
2024
27 d early
2023
34 d early
2022
40 d early
2021
20 d early
2020
12 d early
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 28 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 28 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, full schema
Equity
€7.0m▼ 6.4%
2023 · €7.5m
Net result
€3.5m▼ 70.0%
2023 · €11.7m
Total assets
€7.2m▼ 5.1%
2023 · €7.6m
Solvency
96.7%▼ 1.3pp
2023 · 98.0%
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€2,105€93,298▲ 4,331%-€305,486-€246,189▲ 19.4%-€121,882▲ 50.5%
Net result€1.1mabove the sector's middle half€1.5mabove the sector's middle half▲ 39.3%€1.7mabove the sector's middle half▲ 17.0%€11.7mabove the sector's middle half▲ 571%€3.5mabove the sector's middle half▼ 70.0%
Equity€13.9mabove the sector's middle half▲ 102,635%€13.9mabove the sector's middle half=€15.6mwithin the sector's middle half▲ 12.6%€7.5mwithin the sector's middle half▼ 52.1%€7.0mwithin the sector's middle half▼ 6.4%
Total assets€14.9mabove the sector's middle half▲ 0.2%€15.2mabove the sector's middle half▲ 1.8%€15.9mwithin the sector's middle half▲ 4.5%€7.6mwithin the sector's middle half▼ 51.9%€7.2mwithin the sector's middle half▼ 5.1%
Debt€1.0m▼ 93.1%€1.3m▲ 26.3%€230,049▼ 82.3%€150,819▼ 34.4%€235,868▲ 56.4%
Working capital-€578,413below the sector's middle half▲ 96.0%-€129,804below the sector's middle half▲ 77.6%€2.8mabove the sector's middle half€1.5mwithin the sector's middle half▼ 46.0%€1.2mwithin the sector's middle half▼ 24.3%
Solvency93.1%above the sector's middle half▲ 93.0pp91.5%above the sector's middle half▼ 1.7pp98.5%above the sector's middle half▲ 7.1pp98.0%above the sector's middle half▼ 0.5pp96.7%above the sector's middle half▼ 1.3pp
Current ratio0.44below the sector's middle half▲ 0.420.88within the sector's middle half▲ 0.4564.80above the sector's middle half▲ 63.9222.68above the sector's middle half▼ 42.1222.99above the sector's middle half▲ 0.31
Return on assets (ROA)7.2%within the sector's middle half▲ 7.8pp9.9%within the sector's middle half▲ 2.7pp11.0%above the sector's middle half▲ 1.2pp154.0%above the sector's middle half▲ 143.0pp48.7%above the sector's middle half▼ 105.3pp
Staff (FTE)2.62within the sector's middle half▼ 23.1%2.1within the sector's middle half▲ 5.0%1within the sector's middle half▼ 52.4%
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €121,882 in 2024 against €246,189 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €7.2m
Fixed assets
€6.0m =
Current assets
€1.2m ▼ 24.3%
Equity and liabilities €7.2m
Equity
€7.0m ▼ 6.4%
Debt
€235,868 ▲ 56.4%
Debt's share of the balance-sheet total rises from 2.0% to 3.3%. Equity is lower and debt is higher.
Key figures and ratios
ROE
50.3%▼
2023 · 157.1%
Debt ≤ 1 year
€52,868▼
2023 · €70,819
Staff costs
€203,308▼
2023 · €331,257
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €187,703 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €255,807 | €242,925 | €331,257 | €203,308 | ▼ 38.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,130 | €2,546 | €1,454 | €1,139 | €792 | ▼ 30.4% |
| Non-recurring operating charges66A | - | €103,595 | - | - | - | - |
| Gross operating margin9900 | €225,533 | €455,246 | -€61,107 | €86,207 | €82,218 | ▼ 4.6% |
| Operating profit (loss)9901 | €2,105 | €93,298 | -€305,486 | -€246,189 | -€121,882 | ▲ 50.5% |
| Financial income75/76B | - | €1.4m | €2.1m | €12.0m | €3.6m | ▼ 69.6% |
| Recurring financial income75 | €1.1m | €1.4m | €2.1m | €12.0m | €3.6m | ▼ 69.6% |
| Financial charges65/66B | - | €12,982 | €333 | €18,581 | €8 | ▼ 100.0% |
| Recurring financial charges65 | €31,672 | €1,982 | €333 | €18,581 | €8 | ▼ 100.0% |
| Non-recurring financial charges66B | - | €11,000 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €1.1m | €1.5m | €1.7m | €11.7m | €3.5m | ▼ 70.0% |
| Profit (loss) for the period9904 | €1.1m | €1.5m | €1.7m | €11.7m | €3.5m | ▼ 70.0% |
| Profit (loss) for the period to be appropriated9905 | €1.1m | €1.5m | €1.7m | €11.7m | €3.5m | ▼ 70.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €14.9m | €15.2m | €15.9m | €7.6m | €7.2m | ▼ 5.1% |
| Fixed assets21/28 | €14.5m | €14.2m | €13.0m | €6.0m | €6.0m | = |
| Tangible fixed assets22/27 | €4,182 | €1,636 | €1,486 | €1,421 | €628 | ▼ 55.8% |
| Furniture and vehicles24 | - | €1,507 | €1,486 | €1,421 | €628 | ▼ 55.8% |
| Other tangible fixed assets26 | - | €129 | - | - | - | - |
| Financial fixed assets28 | €14.4m | €14.2m | €13.0m | €6.0m | €6.0m | = |
| Current assets29/58 | €448,110 | €986,260 | €2.9m | €1.6m | €1.2m | ▼ 24.3% |
| Amounts receivable within one year40/41 | €435,030 | €30,060 | €1.9m | €954,229 | €798,140 | ▼ 16.4% |
| Trade receivables40 | - | €30,000 | €96 | €1,371 | €51,021 | ▲ 3,621% |
| Other amounts receivable41 | - | €60 | €1.9m | €952,858 | €747,118 | ▼ 21.6% |
| Cash at bank and in hand54/58 | €12,727 | €956,200 | €992,671 | €651,613 | €386,883 | ▼ 40.6% |
| Deferred charges and accrued income490/1 | - | - | €782 | €624 | €30,661 | ▲ 4,815% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €14.9m | €15.2m | €15.9m | €7.6m | €7.2m | ▼ 5.1% |
| Equity10/15 | €13.9m | €13.9m | €15.6m | €7.5m | €7.0m | ▼ 6.4% |
| Contributions10/11 | - | €13.9m | €13.9m | €7.5m | €7.1m | ▼ 5.4% |
| Profit (loss) carried forward14 | - | - | €1.7m | €7,251 | -€69,372 | ▼ 1,057% |
| Amounts payable17/49 | €1.0m | €1.3m | €230,049 | €150,819 | €235,868 | ▲ 56.4% |
| Amounts payable within one year42/48 | €1.0m | €1.1m | €44,551 | €70,819 | €52,868 | ▼ 25.3% |
| Trade debts44 | €15,906 | €5,923 | €16,921 | €46,305 | €30,723 | ▼ 33.7% |
| Suppliers440/4 | - | €5,923 | €16,921 | €46,305 | €30,723 | ▼ 33.7% |
| Taxes, remuneration and social security45 | - | €18,270 | €27,553 | €24,514 | €20,846 | ▼ 15.0% |
| Taxes450/3 | - | €265 | €2,623 | - | €825 | - |
| Remuneration and social security454/9 | - | €18,005 | €24,930 | €24,514 | €20,021 | ▼ 18.3% |
| Other amounts payable47/48 | - | €1.1m | €77 | - | €1,299 | - |
| Accrued charges and deferred income492/3 | - | €180,000 | €185,498 | €80,000 | €183,000 | ▲ 129% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.1m | €1.5m | €1.7m | €11.7m | €3.5m | ▼ 70.0% |
| + Depreciation and write-downs630 | €2,130 | €2,546 | €1,454 | €1,139 | €792 | ▼ 30.4% |
| Operating cash flow (approximation) | €1.1m | €1.5m | €1.8m | €11.7m | €3.5m | ▼ 70.0% |
| Investment in fixed assets (approximation) | - | €266,063 | €1.2m | €6.9m | €0 | ▼ 100% |
| Change in cash | - | €943,474 | €36,471 | -€341,058 | -€264,730 | ▲ 22.4% |
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
Next filing, fiscal year 2026, expected by
2026
26-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2019net €11.7m ▲571%
Net result €11.7m, the highest in the series.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity times 73current ratio 64.80
Current ratio from 0.88 to 64.80; short-term debt falls from €1.1m to €44,551.
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €1.1m
Net result €1.1m after one loss-making year.
31-12
Financial
Equity above €10mEq €13.9m ▲102,635%
Equity rises from €13,506 to €13.9m.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2019
Ground area
2,342 m²
Building footprint
1,464 m²
Volume, LiDAR
32,089 m³
2 parcels, Brussels · tallest building 45.5 m, ±11 floors. Linked by address, not a title deed.
28
companies at this address
See who is registered here
1 establishment unit
KEYTEO GROUP
since 20192.286.728.577
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0064/00K000 | Brussels | 1,300 m² | 1 · 454 m² | 36.1 m · 11 fl. |
| 21822R0224/00B008 | Brussels | 1,042 m² | 1 · 1,010 m² | 45.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
3 owners · 3 holdingsChain of control
- HSI
- KEYTEO GROUP
Highest known parent: HSI. The sources do not say who stands above it.
Owners 3
- HSIparentSourceaccounts HSI 202487.5%
- New chapterparent68%
-
12.5%
Holdings 3
-
85%
-
80%
-
70%
According to the 2024 annual accounts of KEYTEO GROUP and those 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.
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Of 24,721 companies in sector 64210 we hold annual accounts for 19,799. 7,126 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0719703871
Also
9925:BE0719703871
Registered
20-06-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.