ACTIVE

KEY CONSULTANT

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Financial year 2025 · closed on 31/12/2025

Net result

21,9 k €

+9.1% YoY

Gross margin

43,4 k €

+127.9% YoY

Equity

271 k €

+8.1% YoY

What does KEY CONSULTANT do?

KEY CONSULTANT is a Private limited company incorporated in 1998. Its main activity is: Computer programming activities. Its registered office is in Hasselt.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0464.617.429

Incorporation

19/11/1998

Legal form

Private limited company

Registered office

Muntelbeekstraat 22
3500 Hasselt · FlandreSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2025

Activities (NACE)

62010Computer programming activities· main 62100Computer programming, consultancy and related activities 72220Research and experimental development on social sciences and humanities 62090Other information technology and computer service activities 62900Computer programming, consultancy and related activities 72500Scientific research and development+3

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	43,4 k €	+128%	19 k €	+66.4%	11,4 k €	-49.1%	22,5 k €	-73.1%	83,4 k €	+103%	41 k €	-48.7%	80 k €	+10.9%	72,1 k €	+40.1%	51,5 k €	-3.0%	53,1 k €	-2.4%	54,4 k €	+16.6%	46,7 k €	-0.1%	46,7 k €	-13.8%	54,2 k €	+26.1%	43 k €	-7.6%	46,5 k €	-9.7%	51,5 k €	-10.8%	57,7 k €	+9.1%	52,9 k €	+38.4%	38,2 k €
EBITDA	41,9 k €	+133%	18 k €	+88.7%	9,6 k €	-55.0%	21,2 k €	-74.2%	82,1 k €	+104%	40,2 k €	-49.2%	79,2 k €	+11.5%	71 k €	+41.1%	50,4 k €	-4.2%	52,6 k €	-2.4%	53,8 k €	+17.0%	46 k €	-0.2%	46,1 k €	-13.7%	53,4 k €	+28.4%	41,6 k €	-8.1%	45,3 k €	-5.3%	47,8 k €	-14.1%	55,7 k €	+8.0%	51,5 k €	+40.9%	36,6 k €
Operating result	37,5 k €	+188%	13 k €	+158%	5,1 k €	-69.2%	16,5 k €	-78.8%	77,6 k €	+110%	36,9 k €	-51.2%	75,6 k €	+11.1%	68,1 k €	+44.9%	47 k €	-4.8%	49,4 k €	-3.3%	51 k €	+15.3%	44,3 k €	+2.9%	43,1 k €	-12.5%	49,2 k €	+42.7%	34,5 k €	+9.4%	31,5 k €	-9.6%	34,8 k €	-20.0%	43,6 k €	+8.5%	40,2 k €	+60.4%	25 k €
Net result	21,9 k €	+9.1%	20,1 k €	+2505%	-835,9 €	-107%	12,5 k €	-79.9%	61,8 k €	+114%	28,9 k €	-49.1%	56,7 k €	+168%	-83,2 k €	-389%	28,8 k €	-0.8%	29 k €	+30.5%	22,2 k €	-21.4%	28,3 k €	+2.5%	27,6 k €	-19.1%	34,1 k €	+61.6%	21,1 k €	+22.1%	17,3 k €	-14.2%	20,2 k €	-9.3%	22,2 k €	-4.1%	23,2 k €	+92.9%	12 k €
Balance sheet
Equity	271 k €	+8.1%	250,8 k €	+7.9%	232,4 k €	-0.7%	234,1 k €	-16.2%	279,4 k €	-7.4%	301,6 k €	+10.6%	272,7 k €	+26.2%	216,1 k €	-27.3%	297 k €	+10.7%	268,2 k €	+12.1%	239,2 k €	+10.3%	217 k €	+15.0%	188,7 k €	-4.3%	197 k €	+3.2%	190,9 k €	+1.1%	188,8 k €	+10.1%	171,5 k €	+13.3%	151,3 k €	-4.5%	158,5 k €	+17.1%	135,3 k €
Total assets	326,5 k €	-0.9%	329,3 k €	+9.5%	300,9 k €	-7.1%	324 k €	+4.5%	309,9 k €	-2.2%	316,8 k €	+10.7%	286,1 k €	+22.4%	233,7 k €	-27.0%	320,2 k €	+7.2%	298,5 k €	+5.8%	282,1 k €	+14.4%	246,6 k €	-3.0%	254,2 k €	+4.7%	242,9 k €	+6.1%	228,9 k €	-0.7%	230,5 k €	+2.4%	225,2 k €	-0.6%	226,6 k €	+3.6%	218,8 k €	-3.8%	227,3 k €
Cash	25,6 k €	-36.3%	40,2 k €	+41.0%	28,5 k €	+144%	11,7 k €	-10.1%	13 k €	-75.9%	54 k €	-12.0%	61,3 k €	+31.5%	46,6 k €	+89.5%	24,6 k €	-26.2%	33,4 k €	+27.4%	26,2 k €	-42.8%	45,8 k €	+75.1%	26,1 k €	-31.5%	38,2 k €	+192%	13,1 k €	-69.2%	42,5 k €	+15.2%	36,9 k €	+88.1%	19,6 k €	+0.0%	19,6 k €	+25.6%	15,6 k €
Debts	54,4 k €	-29.8%	77,5 k €	+14.9%	67,5 k €	-24.1%	88,9 k €	+201%	29,5 k €	+108%	14,2 k €	+15.2%	12,3 k €	-26.0%	16,7 k €	-22.9%	21,6 k €	-26.2%	29,3 k €	-30.0%	41,9 k €	+46.3%	28,6 k €	-55.7%	64,6 k €	+44.1%	44,8 k €	+21.3%	36,9 k €	-9.3%	40,7 k €	-22.7%	52,7 k €	-28.8%	74 k €	+24.8%	59,3 k €	-34.9%	91,1 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Bart Flemings

Director

Active

Ended mandates

Bart Flemings

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
DE VUURMOLEN● Active	0445.384.210

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/07/2026	20/06/2025	23/08/2024	08/08/2023	09/08/2022	17/08/2021
General meeting	14/07/2026	18/06/2025	31/07/2024	21/06/2023	29/06/2022	16/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	14/07/2026	28/07/2026	Dutch	PDF
Micro model	31/12/2024	18/06/2025	20/06/2025	Dutch	PDF
Micro model	31/12/2023	31/07/2024	23/08/2024	Dutch	PDF
Micro model	31/12/2022	21/06/2023	08/08/2023	Dutch	PDF
Abridged model	31/12/2021	29/06/2022	09/08/2022	Dutch	PDF
Abridged model	31/12/2020	16/06/2021	17/08/2021	Dutch	PDF
Abridged model	31/12/2019	17/06/2020	24/08/2020	Dutch	PDF
Abridged model	31/12/2018	19/06/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	20/06/2018	23/08/2018	Dutch	PDF
Abridged model	31/12/2016	21/06/2017	08/08/2017	Dutch	PDF
Abridged model	31/12/2015	15/06/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	17/06/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	18/06/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	19/06/2013	26/08/2013	Dutch	PDF
Abridged model	31/12/2011	20/06/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	15/06/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	16/06/2010	30/08/2010	Dutch	PDF
Abridged model	31/12/2008	17/06/2009	31/07/2009	Dutch	PDF
Abridged model	31/12/2007	18/06/2008	22/07/2008	Dutch	PDF
Abridged model	31/12/2006	20/06/2007	23/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Bart Flemings

Director

Active

Ended mandates

Bart Flemings

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates31/08/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202521,9 k €↑
2024
Annual accounts 202420,1 k €↑
2023
Annual accounts 2023-835,9 €↓
2022
Annual accounts 202212,5 k €↓
2021
Annual accounts 202161,8 k €↑
2020
Annual accounts 202028,9 k €↓
2019
Annual accounts 201956,7 k €↑
2018
Annual accounts 2018-83,2 k €↓
2017
Annual accounts 201728,8 k €↓
2016
Annual accounts 201629 k €↑
2015
Annual accounts 201522,2 k €↓
2014
Annual accounts 201428,3 k €↑
2013
Annual accounts 201327,6 k €↓
2012
Annual accounts 201234,1 k €↑
2011
Annual accounts 201121,1 k €↑
2010
Annual accounts 201017,3 k €↓
2009
Annual accounts 200920,2 k €↓
2008
Annual accounts 200822,2 k €↓
2007
Annual accounts 200723,2 k €↑
2006
Annual accounts 200612 k €
19/11/1998
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

KEY CONSULTANT

Overview

What does KEY CONSULTANT do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline