Financials
Financial year 2026
KEY-TEC from Lokeren, company number BE0457052914, closed financial year 2026 with a result of € 826,831 after tax. For that financial year KEY-TEC recorded revenue of € 49.3 million and equity of € 8.8 million. Compared with financial year 2025, the result moved from € 1.3 million to € 826,831. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 12, 2026.
€ 8.8 million
▲ 10% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 826,831
▼ 38% vs 2025
Profit after tax over the fiscal year.
€ 1.1 million
▼ 23% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 8.8 million.
People and assets in 2026
56.3
▲ 3.2 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 4.8 million
▲ 15% vs 2025
€ 85,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 840,883
▲ 29% vs 2025
Of which on lease € 171,204.
Debts at end 2026
€ 5.9 million
▼ 50% vs 2025
€ 402,447 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 5.4 million
▲ 36% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 45 days on average.
€ 830,484
▲ 2% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 49,337,582 | € 56,995,779 | € 52,803,039 | € 49,297,087 | ▼ 7% |
| Profit after taxes | € 2,598,704 | € 2,571,489 | € 1,326,470 | € 826,831 | ▼ 38% |
| Equity | € 5,416,497 | € 7,987,986 | € 7,987,986 | € 8,814,817 | ▲ 10% |
| Total debts | € 16,827,015 | € 23,586,057 | € 18,176,979 | € 13,142,614 | ▼ 28% |
| Cash | € 1,455,412 | € 715,784 | € 1,464,187 | € 1,133,848 | ▼ 23% |
| Land & buildings | € 1,298,561 | € 1,201,925 | € 1,229,361 | € 1,250,282 | ▲ 2% |
| Retained profit | € 5,379,297 | € 7,950,786 | € 7,950,786 | € 8,777,617 | ▲ 10% |
| Dividend | € 2,500,000 | € 0 | € 1,326,470 | € 0 | ▼ 100% |
| Bank debt | € 7,756,411 | € 15,599,241 | € 11,810,982 | € 5,862,435 | ▼ 50% |
| Balance sheet total | € 22,293,511 | € 31,574,043 | € 26,164,965 | € 21,957,431 | ▼ 16% |
| Employees (FTE) | 42.5 | 47.2 | 53.1 | 56.3 | ▲ 3.2 |
By revenue, KEY-TEC ranks 2nd of 10 companies with main activity “Groothandel in machines, werktuigen en toebehoren voor de landbouw” in East Flanders that publish figures (fiscal year 2026).
Key figures of KEY-TEC, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
Ask about KEY-TEC the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to KEY-TEC?
What happened at KEY-TEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 826,831 (▼ 38% vs 2025). Source: NBB ↗
- New establishment in Lokeren. KBO
- Start of the company according to the CBE. KBO
In short
From € 2.6 million profit in 2023 to € 826,831 profit in 2026.
Paid € 2.6 million in corporate taxes since 2023.
Best year ever: 2023, with € 2.6 million profit.
Paid out € 3.8 million in dividends to the owners in total.
Management
Behind KEY-TEC is DEKEYSER INVEST BV. The shares are held by DEKEYSER INVEST (100%) and Sven Dekeyser (0%).
Directors
According to the 2026 annual accounts
Shareholders
100%
Sven Dekeyser
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Papdijk 16 box A
9180 Lokeren
Papdijk 16A
9180 Lokeren
Active since 29 January 1996
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in East Flanders
Same main activity (Groothandel in machines, werktuigen en toebehoren voor de landbouw), 92 active companies in East Flanders, largest first.
€ 79.9 million revenue · 2025 · Wortegem-Petegem
€ 43.4 million revenue · 2025 · Gent
€ 20.4 million revenue · 2026 · Hamme (Vl.)
€ 19.9 million revenue · 2025 · Deinze
€ 12.9 million revenue · 2025 · Sint-Laureins
€ 11 million revenue · 2025 · Lokeren
Details
- Company number
- 0457.052.914
- VAT number
- BE 0457.052.914
- Registered office
- Papdijk 16 bus A, 9180 Lokeren
- Names & denominations
- KEY-TEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 January 1996
- Peppol
- Active · Active since 24 Aug 2026
- Contact
- [email protected] 32 9 326 00 99
- Activities · NACE
Groothandel in machines, werktuigen en toebehoren voor de landbouw
Groothandel in machines, tractoren, werktuigen en toebehoren voor de landbouw
Overige detailhandel in nieuwe artikelen neg
Detailhandel in andere motorvoertuigen (> 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)