Keys2IT
ActiveSummary
Keys2IT has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €7k and a net result of €3k. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 35% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
64
/ 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
Profitability88▲+11
Solvency59▲+5
Growth52▲+20
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
33.7%
Return on assets
15%
Age of the figures
21 mo
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
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 23-07-2025, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
8 d early
2023
23 d early
2022
28 d early
2021
37 d early
2020
39 d early
2019
62 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€7k▲ 80.7%
2023 · €4k
2018: €7k
2019: €2k
2020: €3k
2021: €7k
2022: €3k
2023: €4k
2018 → 2024
Total assets
€22k▲ 52.9%
2023 · €14k
2018: €7k
2019: €3k
2020: €14k
2021: €14k
2022: €13k
2023: €14k
2018 → 2024
Net result
€3k▲ 260%
2023 · €916
2018: €4k
2019: €-4k
2020: €593
2021: €4k
2022: €-4k
2023: €916
2018 → 2024
Working capital
€3k▲ 92.5%
2023 · €1k
2018: €6k
2019: €2k
2020: €2k
2021: €3k
2022: €-895
2023: €1k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€3k-€7k▲ 120%€3k▼ 53.3%€4k▲ 28.9%€7k▲ 80.7%
Operating result€759-€4k▲ 468%€-3k€2k€5k▲ 116%
Net result€593-€4k▲ 524%€-4k€916€3k▲ 260%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 116% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €22k
Fixed assets
€5k ▲ 74.2%
Current assets
€17k ▲ 48.2%
Equity and liabilities €22k
Equity
€7k ▲ 80.7%
Debt
€15k ▲ 41.9%
Debt's share of the balance-sheet total falls from 71.5% to 66.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€7k▲
2023 · €4k
Cash flow
€5k▲
2023 · €2k
Current ratio
1.19▲
2023 · 1.14
Debt to equity
1.97▼
2023 · 2.51
ROE
44.7%▲
2023 · 22.4%
ROA
15.0%▲
2023 · 6.4%
Interest coverage
39.12▲
2023 · 20.16
Debt ≤ 1 year
€15k▲
2023 · €10k
Income taxes
€2k▲
2023 · €1k
Staff costs
€4k▲
2023 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet
Code20232024
Assets
Total assets20/58€14k€22k▲
Fixed assets21/28€3k€5k▲
Tangible fixed assets22/27€2k€4k▲
Furniture and vehicles24€2k€4k▲
Financial fixed assets28€186€186=
Current assets29/58€12k€17k▲
Amounts receivable within one year40/41€10k€15k▲
Trade receivables40€10k€15k▲
Cash at bank and in hand54/58€1k€2k▲
Deferred charges and accrued income490/1€165€137▼
Equity and liabilities
Total equity and liabilities10/49€14k€22k▲
Equity10/15€4k€7k▲
Contributions10/11€8k€8k=
Profit (loss) carried forward14€-4k€-687▲
Amounts payable17/49€10k€15k▲
Amounts payable within one year42/48€10k€15k▲
Trade debts44€3k€6k▲
Suppliers440/4€3k€6k▲
Taxes, remuneration and social security45€6k€6k▲
Taxes450/3€6k€6k▼
Remuneration and social security454/9-€705
Other amounts payable47/48€2k€2k▲
Income statement
Code20232024
Remuneration, social security and pensions62€3k€4k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€384€387▲
Gross operating margin9900€7k€12k▲
Operating profit (loss)9901€2k€5k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€193€177▼
Recurring financial charges65€193€177▼
Profit (loss) for the period before taxes9903€2k€5k▲
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€916€3k▲
Profit (loss) for the period to be appropriated9905€916€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-687▲
Profit (loss) brought forward from the previous period14P€-5k€-4k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €916
Net result €916 after one loss-making year.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €4k ▲524%
Net result €4k, the highest in the series.
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €593
Net result €593 after one loss-making year.
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 62 days late
2019
31-12
Financial
Weakest financial yearnet €-4k ▼215%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
10-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 41 days late
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
2016
20-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Walhain · 1 establishment unit since 2011
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.
Rue Chèvequeue(WSP) 771457 WalhainGround area
116 m²
Building footprint
133 m²
Parcel 25109F0224/00T002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue Chèvequeue(WSP) 77, 1457 Walhain
since 20112.199.166.776
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25109F0224/00T002 | Wallonia | 116 m² | 1 · 133 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.
Similar companies · same sector, comparable size
Elektriciteitswerken Serpieters
BE 1022.488.975
Oostende · Eq €7,386
ATM TECHNIEK
BE 0786.722.458
Vilvoorde · Eq €7,398
Shiro
BE 0758.550.886
Hulshout · Eq €7,345
JiVé Solutions
BE 1013.275.361
Jemeppe-sur-Sambre · Eq €7,339
KELTECH BELGIUM
BE 0777.775.494
Dilbeek · Eq €7,412
Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 4,674 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-04-2011
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
47400Retail sale of information and communication equipment
61200Telecommunications resale and intermediation services
62100Computer programming
70200Business and other management consultancy
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.