Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
52 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
THE KEYS from Watermaal-Bosvoorde, company number BE0537803632, closed financial year 2025 with a result of € -34,967 after tax. For that financial year THE KEYS recorded a gross margin of € -28,864 and equity of € -1,737. Compared with financial year 2024, the result moved from € -8,218 to € -34,967. 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 June 10, 2026.
€ -1,737
▼ € 34,967 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -34,967
▼ 325 % more loss than in 2024
Profit after tax over the fiscal year.
€ 38,330
▼ 52% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -23,737.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 36,070
▼ 16% 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 | € -17,041 | € 886 | € 4,225 | € -28,864 | ▼ € 33,088 |
| Profit after taxes | € -20,746 | € -2,852 | € -8,218 | € -34,967 | ▼ € 26,749 |
| Equity | € 44,300 | € 41,448 | € 33,230 | € -1,737 | ▼ € 34,967 |
| Total debts | € 37,910 | € 63,019 | € 64,739 | € 51,190 | ▼ 21% |
| Cash | € 55,095 | € 46,907 | € 79,728 | € 38,330 | ▼ 52% |
| Retained profit | € 22,300 | € 19,448 | € 11,230 | € -23,737 | ▼ € 34,967 |
| Balance sheet total | € 82,210 | € 104,467 | € 97,969 | € 49,454 | ▼ 50% |
Key figures of THE KEYS, 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 THE KEYS?
What happened at THE KEYS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 34,967. Source: NBB ↗
- CHARLES BOURG MANAGEMENT became a director. NBB
- New establishment in Watermaal-Bosvoorde. KBO
- WADIH MANSOUR became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 20,747 loss in 2022 to € 34,967 loss in 2025.
Paid € 9 in corporate taxes since 2022.
A new publication or filing at THE KEYS? 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
Behind THE KEYS are WADIH MANSOUR and CHARLES BOURG MANAGEMENT. The same people are also behind THE KEYS MANAGEMENT and THE KEYS WORKS. CHARLES BOURG MANAGEMENT is also behind AGENCE ET PROMOTION IMMOBILIERES, Luc DE PUTTER, BCH REAL ESTATE, HAVE A BEAR and IDEL IMMO.
Directors
According to the 2025 annual accounts
Director · represented by Amaury CHOPIN
Also active at: THE KEYS MANAGEMENT, THE KEYS WORKS
since 2013
Director · represented by Gaëtan CHOPIN
Also active at: AGENCE ET PROMOTION IMMOBILIERES, Luc DE PUTTER, BCH REAL ESTATE, HAVE A BEAR, IDEL IMMO, THE KEYS MANAGEMENT, THE KEYS WORKS, BCH & PARTNERS +3 more
since 2015
Establishments
Establishment units
Physical locations of this company
Terhulpsesteenweg 166
1170 Watermaal-Bosvoorde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 52 companies are registered at this address.
All companies at this address →HLB LEGAL SERVICES
€ 8,327 gross margin · 2025
Glaverbel
Chambre des Urbanistes de Belgique
IM Ultrasonic Belgium
€ -11,018 gross margin · 2025
AGENCE ET PROMOTION IMMOBILIERES same network
€ 28,264 gross margin · 2025
+47 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0537.803.632
- VAT number
- BE 0537.803.632
- Registered office
- Terhulpsesteenweg 166, 1170 Watermaal-Bosvoorde
- Names & denominations
- THE KEYS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 August 2013
- Peppol
- Active · Active since 20 Nov 2020
- Contact
- thekeys.be [email protected] 028527156
- Activities · NACE
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