KEYRUS
ActiveKEYRUS has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €7.00M and a net result of €680k. Equity is growing by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 56% of 1546 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
73
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability60▲+2
Solvency75▲+8
Growth42▼-1
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500k at 30 days acceptable
Liquidity ample (current ratio 1.51 against 1.43 in 2023; short-term debt: 47.3% and cash: 13.6% of total assets), but 50.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
49.7%
Return on assets
4.8%
Age of the figures
21 mo
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 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
35 d early
2022
32 d early
2021
122 d late
2020
110 d late
2019
157 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€20.43M▼ 7.6%
2023 · €22.10M
2018: €25.87M
2019: €25.00M
2020: €21.68M
2021: €20.13M
2022: €22.36M
2023: €22.10M
2018 → 2024
EBIT margin
5.6%▲ 0.1pp
2023 · 5.5%
2018: 4.0%
2019: 3.9%
2020: 9.0%
2021: 4.9%
2022: 4.7%
2023: 5.5%
2018 → 2024
Net result
€680k▼ 1.1%
2023 · €688k
2018: €692k
2019: €484k
2020: €1.23M
2021: €439k
2022: €532k
2023: €688k
2018 → 2024
Working capital
€3.40M▲ 3.7%
2023 · €3.28M
2018: €2.56M
2019: €2.41M
2020: €981k
2021: €1.06M
2022: €1.99M
2023: €3.28M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€21.68M-€20.13M▼ 7.2%€22.36M▲ 11.1%€22.10M▼ 1.2%€20.43M▼ 7.6%
Equity€4.66M-€5.10M▲ 9.4%€5.63M▲ 10.4%€6.32M▲ 12.2%€7.00M▲ 10.8%
Operating result€1.95M-€988k▼ 49.3%€1.05M▲ 6.3%€1.21M▲ 15.1%€1.14M▼ 6.0%
Net result€1.23M-€439k▼ 64.2%€532k▲ 21.2%€688k▲ 29.2%€680k▼ 1.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 6% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €14.10M
Fixed assets
€4.02M▲ 2.6%
Current assets
€10.08M▼ 8.2%
Equity and liabilities €14.10M
Equity
€7.00M▲ 10.8%
Debt
€7.10M▼ 17.2%
The debt ratio falls from 57.6% to 50.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.35M▼
2023 · €1.38M
Cash flow
€896k▲
2023 · €859k
Solvency
49.7%▲
2023 · 42.4%
Current ratio
1.51▲
2023 · 1.43
Quick ratio
1.51▲
2023 · 1.43
Debt / equity
1.01▼
2023 · 1.36
ROE
9.7%▼
2023 · 10.9%
ROA
4.8%▲
2023 · 4.6%
Interest coverage
4.97▲
2023 · 4.75
Debt
€7.10M▼
2023 · €8.57M
Debt ≤ 1 year
€6.67M▼
2023 · €7.69M
Income taxes
€360k▼
2023 · €367k
Staff costs
€9.30M▲
2023 · €9.14M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€14.89M€14.10M▼
Fixed assets21/28€3.92M€4.02M▲
Intangible fixed assets21€166k€301k▲
Tangible fixed assets22/27€66k€33k▼
Plant, machinery and equipment23€53k€33k▼
Furniture and vehicles24€10k-
Other tangible fixed assets26€723€55▼
Assets under construction and advance payments27€2k-
Financial fixed assets28€3.68M€3.69M=
Affiliated companies280/1€3.64M€3.64M=
Participating interests280€3.64M€3.64M=
Other financial fixed assets284/8€45k€45k▲
Amounts receivable and cash guarantees285/8€45k€45k▲
Current assets29/58€10.97M€10.08M▼
Amounts receivable after more than one year29€554k€568k▲
Other amounts receivable291€554k€568k▲
Amounts receivable within one year40/41€7.62M€7.39M▼
Trade receivables40€4.11M€4.24M▲
Other amounts receivable41€3.50M€3.14M▼
Cash at bank and in hand54/58€2.16M€1.92M▼
Deferred charges and accrued income490/1€635k€201k▼
Equity and liabilities
Total equity and liabilities10/49€14.89M€14.10M▼
Equity10/15€6.32M€7.00M▲
Contributions10/11€125k€125k=
Capital10€125k€125k=
Issued capital100€125k€125k=
Reserves13€2.44M€2.65M▲
Non-distributable reserves130/1€19k€19k=
Legal reserve130€19k€19k=
Tax-exempt reserves132€918k€893k▼
Distributable reserves133€1.50M€1.74M▲
Profit (loss) carried forward14€3.76M€4.23M▲
Amounts payable17/49€8.57M€7.10M▼
Amounts payable within one year42/48€7.69M€6.67M▼
Financial debts43€158k€76k▼
Credit institutions430/8€158k€76k▼
Trade debts44€4.73M€4.08M▼
Suppliers440/4€4.73M€4.08M▼
Taxes, remuneration and social security45€2.80M€2.51M▼
Taxes450/3€633k€678k▲
Remuneration and social security454/9€2.17M€1.83M▼
Accrued charges and deferred income492/3€880k€424k▼
Income statement
Code20232024
Operating income70/76A€24.01M€22.77M▼
Turnover70€22.10M€20.43M▼
Own construction capitalised72-€300k
Other operating income74€1.90M€2.04M▲
Non-recurring operating income76A-€117
Operating charges60/66A€22.80M€21.63M▼
Goods for resale, raw materials and consumables60€8.58M€7.03M▼
Purchases600/8€8.58M€7.03M▼
Services and other goods61€4.90M€5.08M▲
Remuneration, social security and pensions62€9.14M€9.30M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€172k€216k▲
Other operating charges640/8€3k€1k▼
Non-recurring operating charges66A-€699
Operating profit (loss)9901€1.21M€1.14M▼
Financial income75/76B€138k€177k▲
Recurring financial income75€138k€177k▲
Income from current assets751€54k€114k▲
Other financial income752/9€84k€63k▼
Financial charges65/66B€293k€274k▼
Recurring financial charges65€293k€274k▼
Debt charges650€290k€272k▼
Other financial charges652/9€2k€2k▼
Profit (loss) for the period before taxes9903€1.05M€1.04M▼
Income taxes67/77€367k€360k▼
Taxes670/3€367k€360k▼
Profit (loss) for the period9904€688k€680k▼
Transfer to tax-exempt reserves689€211k€211k=
Profit (loss) for the period to be appropriated9905€477k€470k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3.76M€4.23M▲
Profit (loss) brought forward from the previous period14P€3.28M€3.76M▲
Social balance
Average headcount (FTE)908796.4101.5▲
The notes to these accounts (51 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
25-06
State Gazette act
Resignations & appointmentsGeneral meeting · Auditor reappointment · Permanent representative3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Auditor reappointment · Permanent representative3 facts ▸
- General meeting, 30/06/2025
- Auditor reappointment, commissaris, 3 jaar
- Permanent representative, Pierre Lerusse
2025
28-11
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment · Permanent representative11 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment · Permanent representative11 facts ▸
- General meeting, 2025-11-13
- Director appointment, Keyrus S.A. (bestuurder)
- Permanent representative, Eric Cohen
- Director appointment, Laëtitia Adjadj (bestuurder)
- Director appointment, Rébecca Cohen (bestuurder)
- Mandate compensation, Keyrus S.A.
- Board composition, bestuurder, 2024-06-03
- Board composition, bestuurder, 2024-06-03
- Board composition, bestuurder, 2024-06-03
- Mandate compensation, Laëtitia Adjadj
- Mandate compensation, Rébecca Cohen
25-11
State Gazette act
RestructuringBoard meeting · Demerger · Capital10 facts ▸
State Gazette act
Restructuring
Board meeting · Demerger · Capital10 facts ▸
- Board meeting, 2025-11-13
- Demerger, Inbreng van de bedrijfstak 'EPM' (management- en technologieadvies in België) door de Inbrengende Vennootschap aan de Verkrijgende Vennootschap.
- Capital, €125.000
- Corporate purpose, Het onderzoek, de ontwikkeling, de integratie, de ondersteuning en de commercialisatie van alle hard- en software voor de behandeling van informatie of gegevens…
- Corporate purpose, De vennootschap heeft zowel in België als in het buitenland tot voorwerp: advies en dienstverlening op het gebied van bedrijfsprestatiebeheer, planning, rapport…
- Share issue, aandelen op naam, 1000
- Accounting effect, 2025-12-31
- Contribution value, 50000, EUR
- Profit participation, 2026-01-01
- Statute modification, De statutaire bepalingen met betrekking tot het aantal aandelen worden gewijzigd.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
30-03
State Gazette act
Resignations & appointmentsGeneral meeting · Auditor appointment · Permanent representative3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Auditor appointment · Permanent representative3 facts ▸
- General meeting, 2022-12-23
- Auditor appointment, Lerusse & Co (commissaris)
- Permanent representative, Pierre Lerusse
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 122 days late
2021
31-12
Financial
Weakest financial yearnet €439k ▼64.2%
Net result drops to €439k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €5MEq €5.10M ▲9.4%
4 profitable years in a row build equity to €5.10M.
18-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 110 days late
04-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 157 days late
2020
31-12
Financial
Highest result since 2018net €1.23M ▲153%
Operating result €1.95M, net result €1.23M, both a record.
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
11-02
State Gazette act
Resignations & appointmentsGeneral meeting · Director reappointment · Permanent representative8 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director reappointment · Permanent representative8 facts ▸
- General meeting, 2018-06-04
- Director reappointment, Keyrus SA (bestuurder)
- Director reappointment, Cohen Rebecca (bestuurder)
- Director reappointment, Cohen Léatitia (bestuurder)
- Director reappointment, KEY-C byba (bestuurder)
- Permanent representative, Cohen Eric
- Permanent representative, Marc Stukkens
- Director reappointment, KEY-C byba (gevolmachtigde dagelijks bestuur)
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
12-02
State Gazette act
Resignations & appointmentsGeneral meeting · Auditor reappointment · Power of attorney3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Auditor reappointment · Power of attorney3 facts ▸
- General meeting, 2017-12-19
- Auditor reappointment, commissaris, 3 jaar
- Power of attorney, Key-C bvba
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 11 days late
2016
04-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 4 days late
2015
05-01
State Gazette act
Resignations & appointmentsPermanent representative1 fact ▸
State Gazette act
Resignations & appointments
Permanent representative1 fact ▸
- Permanent representative, Fabio De Clercq
2013
12-11
State Gazette act
Resignations & appointmentsGeneral meeting · Auditor reappointment · Mandate compensation4 facts ▸
State Gazette act
Resignations & appointments
General meeting · Auditor reappointment · Mandate compensation4 facts ▸
- General meeting, 2013-06-03
- Auditor reappointment, commissaris, tot na de jaarvergadering te houden in tweeduizend zestien
- Mandate compensation, DELOITTE - Bedrijfsrevisoren
- Authorized management, Gevolmachtigde dagelijks bestuur
2012
01-10
State Gazette act
Resignations & appointmentsGeneral meeting · Auditor reappointment · Director reappointment7 facts ▸
State Gazette act
Resignations & appointments
General meeting · Auditor reappointment · Director reappointment7 facts ▸
- General meeting, 2010-06-07
- Auditor reappointment, Correction of previous publication stating 2012, until after the AGM in 2013
- General meeting, 2012-06-04
- Director reappointment, KEYRUS S.A. (bestuurder)
- Permanent representative, Eric Cohen
- Director reappointment, Rebecca COHEN (bestuurder)
- Director reappointment, Léatitia COHEN (bestuurder)
20-01
State Gazette act
Capital & sharesGeneral meeting · Capital decrease · Statutes amendment3 facts ▸
State Gazette act
Capital & shares
General meeting · Capital decrease · Statutes amendment3 facts ▸
- General meeting, 2011-12-16
- Capital decrease, €6.062.000
- Statutes amendment
2011
01-07
State Gazette act
Capital & shares · Resignations & appointments · RestructuringGeneral meeting · Merger · Accounting effect8 facts ▸
State Gazette act
Capital & shares · Resignations & appointments · Restructuring
General meeting · Merger · Accounting effect8 facts ▸
- General meeting, 2011-06-06
- Merger
- Accounting effect, 2011-01-01
- Capital increase, €6.062.000
- Capital, €6.187.000
- Statutes amendment
- Director resignation, bestuurder
- Power of attorney, AL&T
21-06
State Gazette act
Resignations & appointmentsAuditor reappointment · Mandate compensation2 facts ▸
State Gazette act
Resignations & appointments
Auditor reappointment · Mandate compensation2 facts ▸
- Auditor reappointment, commissaris, tot na de jaarvergadering te houden in tweeduizend en twaalf
- Mandate compensation, DELOITTE - Bedrijfsrevisoren
27-04
State Gazette act
RestructuringMerger1 fact ▸
State Gazette act
Restructuring
Merger1 fact ▸
- Merger, absorption
18-01
State Gazette act
Resignations & appointmentsBoard meeting · Power of attorney3 facts ▸
State Gazette act
Resignations & appointments
Board meeting · Power of attorney3 facts ▸
- Board meeting, 2010-12-06
- Power of attorney, BVBA Flexible Solutions
- Power of attorney, Hans Hulpiau
2008
20-06
State Gazette act
Statutes amendment · Resignations & appointmentsGeneral meeting · Name change · Statutes amendment5 facts ▸
State Gazette act
Statutes amendment · Resignations & appointments
General meeting · Name change · Statutes amendment5 facts ▸
- General meeting, 2008-05-27
- Name change, KEYRUS
- Statutes amendment
- Statutes amendment
- Auditor reappointment, na de jaarvergadering te houden in 2010, 2007-04-02
2007
12-03
State Gazette act
Registered officeBoard meeting · Registered-office move2 facts ▸
State Gazette act
Registered office
Board meeting · Registered-office move2 facts ▸
- Board meeting, 2007-02-07
- Registered-office move, Nijverheidslaan 3 / 2 te 1853 Strombeek-Bever
2006
11-09
State Gazette act
Resignations & appointmentsGeneral meeting · Permanent representative · Permanent representative resignation10 facts ▸
State Gazette act
Resignations & appointments
General meeting · Permanent representative · Permanent representative resignation10 facts ▸
- General meeting, 2006-04-03
- Permanent representative, Thibaut Charles de la Brousse
- Permanent representative resignation, William Blomme
- General meeting, 2006-06-30
- Director reappointment, Rebecca COHEN (bestuurder)
- Director reappointment, Léatitia COHEN (bestuurder)
- Director reappointment, SA KEYRUS-BENELUX (bestuurder)
- Permanent representative, Eric COHEN
- Director reappointment, Franciscus ROSSAERT (bestuurder)
- Director reappointment, Marc HANSENNE (bestuurder)
2004
08-10
State Gazette act
Resignations & appointmentsGeneral meeting · Auditor appointment · Permanent representative3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Auditor appointment · Permanent representative3 facts ▸
- General meeting, 2004-06-15
- Auditor appointment, Deloitte - Bedrijfsrevisoren BV (commissaris)
- Permanent representative, William Blomme
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2024
This board is reconstructed from a single act (25151175). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Laëtitia Adjadj
CurrentDirector · since 03-06-2024
KEYRUS S.A.
CurrentDirector · since 04-06-2012 · Legal entity · perm. rep.: Eric Cohen
Rébecca Cohen
CurrentDirector · since 30-06-2006
Cohen Léatitia
Not recently confirmedDirector · since 30-06-2006
KEY-C byba
Not recently confirmedDirector · since 04-06-2018 · Legal entity · perm. rep.: Marc Stukkens
Keyrus SA
Not recently confirmedDirector · since 04-06-2018 · Legal entity · perm. rep.: Cohen Eric
+ 3 not shown in this overview
03-06-2024
Laëtitia Adjadj: Appointed as Director
03-06-2024
KEYRUS S.A.: Appointed as Director
03-06-2024
Rébecca Cohen: Appointed as Director
04-06-2018
Rébecca Cohen: Mandate renewed as Director
04-06-2018
Cohen Léatitia: Mandate renewed as Director
04-06-2018
KEY-C byba: Mandate renewed as Director
04-06-2018
KEY-C byba: Mandate renewed as Gevolmachtigde dagelijks bestuur
04-06-2018
Keyrus SA: Mandate renewed as Director
04-06-2012
KEYRUS S.A.: Mandate renewed as Director
04-06-2012
Rébecca Cohen: Mandate renewed as Director
04-06-2012
Cohen Léatitia: Mandate renewed as Director
30-06-2006
Rébecca Cohen: Mandate renewed as Director
30-06-2006
Cohen Léatitia: Mandate renewed as Director
30-06-2006
Franciscus ROSSAERT: Mandate renewed as Director
30-06-2006
Marc HANSENNE: Mandate renewed as Director
30-06-2006
SA KEYRUS-BENELUX: Mandate renewed as Director
Location & real-estate footprint
Registered office, Grimbergen · 1 establishment unit since 2001
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Nijverheidslaan 31853 GrimbergenGround area
9,119 m²
Building footprint
1,665 m²
Parcel 23084A0271/00A005, Flanders. Linked by address, not a title deed.
1 establishment unit
KEYRUS
since 20012.077.276.873
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23084A0271/00A005 | Flanders | 9,119 m² | 1 · 1,665 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
5 auditors| LERUSSE & CoCurrent Statutory auditor · represented by Pierre Lerusse | 23-12-2022 → present |
Show 4 earlier auditors
| Deloitte Statutory auditor succeeded by LERUSSE & Co in 2022 | 06-06-2016 → 23-12-2022 |
| DELOITTE - Bedrijfsrevisoren Statutory auditor succeeded by Deloitte Bedrijfsrevisoren in 2010 | 02-04-2007 → 07-06-2010 |
| Deloitte - Bedrijfsrevisoren BV Statutory auditor · represented by William Blomme succeeded by DELOITTE - Bedrijfsrevisoren in 2007 | 15-06-2004 → 02-04-2007 |
| Deloitte Bedrijfsrevisoren Auditor succeeded by Deloitte in 2016 | 07-06-2010 → 06-06-2016 |
Structure & network
Acquisitions and mergers
3 transactionsTook over:Keyrus Benelux
Took over:Keyrus Benelux SA
Contributed a business line to:KEYRUS EPM BELGIUM BV
Capital and shareholders
Capital increase of 6,062,000 EUR · 5,000 new shares
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 3,372 EUR awarded · 3,372 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 166 EUR | 166 EUR |
| 2023 | 1 | 1,246 EUR | 1,246 EUR |
| 2022 | 1 | 1,960 EUR | 1,960 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Legal Entity Identifier
5493006Z52C2XU7KKP78
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Of 29,996 companies in sector 62200 we hold annual accounts for 18,390. 1,355 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded24-06-1996
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
72100
72220
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.