Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Late annual account NBB
Fiscal year 2024 was filed 364 days after the legal deadline.
Financials
Financial year 2024
Key Technology from Hasselt, company number BE0867831383, closed financial year 2024 with a result of € 210,183 after tax. For that financial year Key Technology recorded revenue of € 9.5 million and equity of € 2.3 million. Compared with financial year 2023, the result moved from € 320,716 to € 210,183. 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 July 30, 2026.
€ 2.3 million
▲ 10% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 210,183
▼ 34% vs 2023
Profit after tax over the fiscal year.
€ 448,007
▲ 35% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -947,912.
People and assets in 2024
45.7
▲ 0.7 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 5.1 million
▼ 6% vs 2023
€ 112,400 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.
€ 52,772
▼ 23% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 462,562
▲ 264% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1.3 million
▲ 4% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 11,013,935 | € 9,038,087 | € 10,018,765 | € 9,528,465 | ▼ 5% |
| Gross margin | - | - | - | € 5,585,124 | |
| Profit after taxes | € 861,774 | € 970,486 | € 320,716 | € 210,183 | ▼ 34% |
| Equity | € 790,705 | € 1,761,191 | € 2,081,907 | € 2,292,090 | ▲ 10% |
| Total debts | € 7,048,693 | € 2,650,025 | € 1,576,110 | € 1,848,259 | ▲ 17% |
| Cash | € 1,892,804 | € 553,676 | € 331,563 | € 448,007 | ▲ 35% |
| Retained profit | € -2,449,297 | € -1,478,811 | € -1,158,095 | € -947,912 | ▲ € 210,183 |
| Balance sheet total | € 7,839,398 | € 4,411,216 | € 3,658,017 | € 4,140,349 | ▲ 13% |
| Employees (FTE) | 49.8 | 46.3 | 45 | 45.7 | ▲ 0.7 |
Key figures of Key Technology, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Key Technology?
What happened at Key Technology in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Brennan Carson Ford stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 210,183 (▼ 34% vs 2023). filed late Source: NBB ↗
- Brennan Carson Ford became a director. NBB
- New establishment in Hasselt. KBO
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 861,774 profit in 2021 to € 210,183 profit in 2024.
Paid € 550,748 in corporate taxes since 2021.
Best year ever: 2022, with € 970,486 profit.
On average € 122,200 of value added per employee in 2024.
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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
Directors
According to the 2024 annual accounts
Brennan Carson Ford
Director
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Bedrijfsstraat 6B
3500 Hasselt
Bedrijfsstraat 10
3500 Hasselt
Active since 3 December 2004
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0867.831.383
- VAT number
- BE 0867.831.383
- Registered office
- Bedrijfsstraat 6B, 3500 Hasselt
- Names & denominations
- Key Technology
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 October 2004
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
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