Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2021 and 2022.
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Tight liquidity NBB
Cash and receivables cover 29 % of short-term debt in 2022; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
KEY BUILD from Halle, company number BE0466680757, closed financial year 2022 with a result of € -378,253 after tax. For that financial year KEY BUILD recorded a gross margin of € 92,258 and equity of € -455,646. Compared with financial year 2021, the result moved from € -159,732 to € -378,253. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 19, 2023.
€ -455,646
▼ € 378,253 vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -378,253
▼ 137 % more loss than in 2021
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -524,246.
People and assets in 2022
12
▼ 1 vs 2021
Average over the fiscal year, from the social balance sheet.
€ 386,449
▲ 22% vs 2021
€ 32,200 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.
Debts at end 2022
€ 62,233
▲ 46% vs 2021
€ 17,500 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 771,176
▲ 181% vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 224,339
▲ € 191,308 vs 2021
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Gross margin | € 175,187 | € 92,258 | ▼ 47% |
| Profit after taxes | € -159,732 | € -378,253 | ▼ € 218,522 |
| Equity | € -77,392 | € -455,646 | ▼ € 378,253 |
| Total debts | € 590,357 | € 1,057,809 | ▲ 79% |
| Cash | € 5,279 | - | |
| Retained profit | € -145,992 | € -524,246 | ▼ € 378,253 |
| Bank debt | € 42,500 | € 62,233 | ▲ 46% |
| Balance sheet total | € 512,965 | € 602,164 | ▲ 17% |
| Employees (FTE) | 13 | 12 | ▼ 1 |
Key figures of KEY BUILD, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to KEY BUILD?
What happened at KEY BUILD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
KEY BUILD is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2022: loss of € 378,253. filed late Source: NBB ↗
- New establishment in Halle. KBO
- Start of the company according to the CBE. KBO
In short
From € 159,732 loss in 2021 to € 378,253 loss in 2022.
On average € 7,700 of value added per employee in 2022.
Management
Behind KEY BUILD is Alain Germis. Alain Germis is also behind GERACON.
Directors
According to the 2022 annual accounts
Establishments
Establishment units
Physical locations of this company
Lenniksesteenweg 85
1500 Halle
Roggemanskaai (Felix) 17 R
1501 Halle
Active since 28 June 2001
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Details
- Company number
- 0466.680.757
- VAT number
- BE 0466.680.757
- Registered office
- Lenniksesteenweg 85, 1500 Halle
- Names & denominations
- KEY BUILD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 11 August 1999
- Peppol
- Active · Active since 30 Oct 2023
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