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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Keyrus GEP from Waterloo, company number BE0760654303, closed financial year 2025 with a result of € -247,396 after tax. For that financial year Keyrus GEP recorded revenue of € 397,336 and equity of € 11.8 million. Compared with financial year 2024, the result moved from € -149,258 to € -247,396. 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 June 23, 2026.
€ 11.8 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -247,396
▼ 66 % more loss than in 2024
Profit after tax over the fiscal year.
€ 817,635
▲ € 723,725 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.4 million.
Debts at end 2025
€ 2 million
▲ € 1.7 million vs 2024
Loans from banks and other lenders, long and short.
€ 501,262
▲ 158% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 190 days on average.
€ 24,000
▲ 200% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,572 | € 267,599 | € 349,346 | € 397,336 | ▲ 14% |
| Profit after taxes | € -162,860 | € -579,384 | € -149,258 | € -247,396 | ▼ € 98,139 |
| Equity | € 6,024,862 | € 12,228,556 | € 12,079,298 | € 11,831,901 | ▼ 2% |
| Total debts | € 1,779,054 | € 3,585,079 | € 4,695,914 | € 7,607,784 | ▲ 62% |
| Cash | € 136,706 | € 166,274 | € 93,910 | € 817,635 | ▲ € 723,725 |
| Retained profit | € -446,849 | € -1,026,234 | € -1,175,491 | € -1,422,888 | ▼ € 247,396 |
| Bank debt | € 283,000 | € 307,275 | € 324,943 | € 2,003,935 | ▲ € 1.7 million |
| Balance sheet total | € 7,803,916 | € 15,813,635 | € 16,775,212 | € 19,439,686 | ▲ 16% |
Key figures of Keyrus GEP, 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 Keyrus GEP?
What happened at Keyrus GEP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- REBECCA COHEN stepped down as director. NBB
- ERIC COHEN stepped down as director. NBB
- ICG HOLDING LLC stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 247,396. Source: NBB ↗
- REBECCA COHEN became a director. NBB
- ERIC COHEN became a director. NBB
- ICG HOLDING LLC became a director. NBB
- New establishment in Waterloo. KBO
In short
From € 162,860 loss in 2022 to € 247,396 loss in 2025.
Pays suppliers within 190 days on average.
Management
The stake of KEYTRUST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Keyrus GEPThe shares are held by Keyrus France, Keytrust, ICG Holding LLC and KEYTRUST (10%). It owns 100% of K-GEP US Inc, 100% of Keyrus EPM Row and 100% of Impetus itself.
Directors
According to the 2025 annual accounts
REBECCA COHEN
Director
Also active at: KEYRUS, Keyrus EPM ROW, Keyrus Life Science, Keyrus Management
since 2022 · until 2028
since 2022 · until 2028
ICG HOLDING LLC
Director · represented by Alexandre Benjamin Cohen
since 2022 · until 2028
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Drève Richelle 161 box 18
1410 Waterloo
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →BELAIRBUS
B- FINANCES
€ -13,888 gross margin · 2025
BATIMELEC
€ 15,076 gross margin · 2024
INTERNATIONAL MONTAGE MAINTENANCE
€ 11.5 million revenue · 2025
H.A.B.S.
€ -18,903 gross margin · 2026
+5 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
- 0760.654.303
- VAT number
- BE 0760.654.303
- Registered office
- Drève Richelle 161 bus 18, 1410 Waterloo
- Names & denominations
- Keyrus GEP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 2020
- Peppol
- Active · Active since 5 Jan 2021
- Activities · NACE
Activiteiten van holdings
Holdings