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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Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
KEYZER from Brussel, company number BE0524849083, closed financial year 2025 with a result of € -58,945 after tax. For that financial year KEYZER recorded a gross margin of € 144,729 and equity of € 3.5 million. Compared with financial year 2024, the result moved from € 201,713 to € -58,945. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 3.5 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -58,945
▼ still € 201,713 profit in 2024
Profit after tax over the fiscal year.
€ 42,018
▲ 112% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.7 million.
Debts at end 2025
€ 1.6 million
€ 400,000 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1,046
▼ 97% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 163,893 | € 27,724 | € 89,471 | € 144,729 | ▲ 62% |
| Profit after taxes | € 57,365 | € 2,308,562 | € 201,713 | € -58,945 | ▼ € 260,658 |
| Equity | € 1,140,934 | € 3,449,496 | € 3,531,209 | € 3,472,264 | ▼ 2% |
| Total debts | € 5,310,183 | € 4,711,408 | € 1,828,441 | € 1,747,267 | ▼ 4% |
| Cash | € 505,875 | € 561,676 | € 19,787 | € 42,018 | ▲ 112% |
| Land & buildings | € 2,252,073 | € 2,192,943 | € 5,208,908 | € 5,063,523 | ▼ 3% |
| Retained profit | € 340,934 | € 2,649,496 | € 2,731,209 | € 2,672,264 | ▼ 2% |
| Dividend | € 120,000 | € 0 | € 120,000 | € 0 | ▼ 100% |
| Bank debt | € 5,075,516 | € 4,527,032 | € 1,640,000 | € 1,640,000 | |
| Balance sheet total | € 6,451,117 | € 8,160,903 | € 5,359,650 | € 5,219,531 | ▼ 3% |
Key figures of KEYZER, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to KEYZER?
What happened at KEYZER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- LOXIAS BV stepped down as director. NBB
- Carine WILLEMS stepped down as director. NBB
- ATHOS INVEST BV stepped down as director. NBB
- Michel VAN HECKE stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 58,945 (▼ € 260,658 vs 2024). filed late Source: NBB ↗
- LOXIAS BV became a director. NBB
- Carine WILLEMS became a director. NBB
- ATHOS INVEST BV became a director. NBB
In short
From € 57,365 profit in 2022 to € 58,945 loss in 2025.
Best year ever: 2023, with € 2.3 million profit.
Paid out € 240,000 in dividends to the owners in total.
A new publication or filing at KEYZER? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Athos Invest, LOXIAS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KEYZERThe shares are held by Athos Invest (50%) and LOXIAS (50%).
Directors
According to the 2025 annual accounts
Director · represented by Stefaan JANSSENS
since 2025 · until 2031
Carine WILLEMS
Director
since 2025 · until 2031
Director · represented by Gaëlle VAN HECKE
since 2025 · until 2031
Michel VAN HECKE
Director
Also active at: Algemene Electrische Ondernemingen Kamiel Verstraete en Zoon, FPIM International - SFPI Internationaal - SFPIM International, POLITEIA, COFINCO, PINAKES, RLST, ACADEMIC & SCIENTIFIC PUBLISHERS
since 2025 · until 2031
Shareholders
50%
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Keizerslaan 34 box 2
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →POLITEIA same network
€ 1.9 million gross margin · 2024
LOXIAS same network
€ 45,366 gross margin · 2025
PINAKES same network
€ 445,364 gross margin · 2024
Vereniging van mede-eigenaars van de Residentie Keyzer te Brussel , Keizerslaan 34
ACADEMIC & SCIENTIFIC PUBLISHERS same network
€ 4,290 gross margin · 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0524.849.083
- VAT number
- BE 0524.849.083
- Registered office
- Keizerslaan 34 bus 2, 1000 Brussel
- Names & denominations
- KEYZER
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 March 2013
- Peppol
- Not registered