Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
104 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
KEY TRAVEL from Sint-Joost-ten-Node, company number BE0875225456, closed financial year 2025 with a result of € -505,553 after tax. For that financial year KEY TRAVEL recorded revenue of € 576,926 and equity of € 638,248. Compared with financial year 2024, the result moved from € -226,637 to € -505,553. 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 April 29, 2026.
€ 638,248
▼ 44% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -505,553
▼ 123 % more loss than in 2024
Profit after tax over the fiscal year.
€ 121,805
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.1 million.
People and assets in 2025
4.7
▲ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 327,728
▲ 22% vs 2024
€ 69,700 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 2025
€ 100,000
Loans from banks and other lenders, long and short.
€ 561,453
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 273 days on average.
€ 46,782
▲ 34% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 659,409 | € 826,557 | € 876,907 | € 576,926 | ▼ 34% |
| Profit after taxes | € 209,092 | € 46,137 | € -226,637 | € -505,553 | ▼ € 278,915 |
| Equity | € 1,324,302 | € 1,370,438 | € 1,143,801 | € 638,248 | ▼ 44% |
| Total debts | € 579,475 | € 714,483 | € 708,159 | € 1,128,893 | ▲ 59% |
| Cash | € 97,679 | € 103,016 | € 121,855 | € 121,805 | |
| Retained profit | € -375,698 | € -329,562 | € -556,199 | € -1,061,752 | ▼ € 505,553 |
| Bank debt | € 100,000 | € 100,000 | € 100,000 | € 100,000 | |
| Balance sheet total | € 1,903,777 | € 2,084,921 | € 1,851,960 | € 1,767,142 | ▼ 5% |
| Employees (FTE) | 1.8 | 2.9 | 3.8 | 4.7 | ▲ 0.9 |
Key figures of KEY TRAVEL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to KEY TRAVEL?
What happened at KEY TRAVEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Saad Hamad stepped down as director. NBB
- Key Travel Ltd stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 505,553. Source: NBB ↗
- Saad Hamad became a director. NBB
- Key Travel Ltd became a director. NBB
- New establishment in Sint-Joost-ten-Node. KBO
- Start of the company according to the CBE. KBO
In short
From € 209,092 profit in 2022 to € 505,553 loss in 2025.
Paid € 649 in corporate taxes since 2022.
Best year ever: 2022, with € 209,092 profit.
A new publication or filing at KEY TRAVEL? 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
Directors
According to the 2025 annual accounts
Key Travel Ltd
Director · represented by Simon Conoley
since 2022 · until 2028
Saad Hamad
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Sint-Lazaruslaan 4-10
1210 Sint-Joost-ten-Node
Sint-Lazaruslaan 4-10 ET6
1210 Sint-Joost-ten-Node
Active since 10 August 2005
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 104 companies are registered at this address.
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€ 970,536 gross margin · 2025
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€ 9.5 million revenue · 2025
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€ 658,256 gross margin · 2025
Agra CEAS CONSULTING-Bureau Européen de Recherches
€ 1.5 million gross margin · 2023
BMC Software Belgium
€ 2 million gross margin · 2026
+99 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
- 0875.225.456
- VAT number
- BE 0875.225.456
- Registered office
- Sint-Lazaruslaan 4-10, 1210 Sint-Joost-ten-Node
- Names & denominations
- KEY TRAVEL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 July 2005
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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