ACTIVE

KEYSTONE

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Financial year 2025 · closed on 31/12/2025
Net result
114,5 k €
-1.5% YoY
Gross margin
175,7 k €
+2.1% YoY
Equity
51,7 k €
+90.0% YoY

What does KEYSTONE do?

KEYSTONE is a Private limited company incorporated in 2014. Its main activity is: Management consultancy activities. Its registered office is in Auderghem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0544.558.196
Incorporation
20/01/2014
Legal form
Private limited company
Registered office
Avenue Cardinal Micara 3
1160 Auderghem · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities73110Advertising agencies73110Advertising agencies82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Gross margin175,7 k €172,2 k €178,9 k €156,2 k €86,2 k €121,1 k €133,4 k €177,2 k €92,7 k €59,6 k €84,6 k €54,6 k €
EBITDA175,0 k €171,7 k €178,3 k €155,5 k €85,4 k €120,3 k €132,6 k €176,1 k €91,3 k €59,0 k €83,9 k €53,9 k €
Operating result155,3 k €150,4 k €156,8 k €151,1 k €83,3 k €109,7 k €120,8 k €165,0 k €79,8 k €50,9 k €76,1 k €46,9 k €
Net result114,5 k €116,2 k €121,2 k €118,4 k €65,9 k €85,5 k €93,1 k €124,2 k €52,2 k €36,1 k €50,3 k €33,2 k €
Balance sheet
Equity51,7 k €27,2 k €21,0 k €139,7 k €46,4 k €20,5 k €116,3 k €24,0 k €23,8 k €56,6 k €20,5 k €51,8 k €
Total assets167,7 k €218,7 k €298,9 k €211,6 k €186,3 k €249,6 k €144,7 k €198,2 k €145,3 k €118,1 k €138,8 k €70,1 k €
Cash43,9 k €86,0 k €141,3 k €76,8 k €158,2 k €193,7 k €103,5 k €122,6 k €95,2 k €94,5 k €57,1 k €40,4 k €
Debts116,0 k €189,6 k €277,9 k €71,9 k €139,9 k €229,1 k €28,4 k €174,2 k €121,6 k €61,5 k €118,3 k €18,3 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

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

Active mandates

Thomas Rihoux

Director · since 13 janvier 2014

Active

Ended mandates

Thomas Rihoux

Manager · since 13 janvier 2014

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date14/04/202602/10/202525/06/202428/08/202325/07/202224/08/2021
General meeting23/03/202602/06/202503/06/202405/06/202306/06/202207/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202523/03/202614/04/2026FrenchPDF
Micro modelCorrection31/12/202402/06/202502/10/2025FrenchPDF
Micro model31/12/202402/06/202512/06/2025FrenchPDF
Micro model31/12/202303/06/202425/06/2024FrenchPDF
Micro model31/12/202205/06/202328/08/2023FrenchPDF
Micro model31/12/202106/06/202225/07/2022FrenchPDF
Micro model31/12/202007/06/202124/08/2021FrenchPDF
Micro model31/12/201902/06/202004/09/2020FrenchPDF
Micro model31/12/201803/06/201914/08/2019FrenchPDF
Micro model31/12/201704/06/201808/06/2018FrenchPDF
Micro model31/12/201606/06/201709/06/2017FrenchPDF
Abridged model31/12/201506/06/201610/06/2016FrenchPDF
Abridged model31/12/201401/06/201505/06/2015FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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

Thomas Rihoux

Director · since 13 janvier 2014

Active

Ended mandates

Thomas Rihoux

Manager · since 13 janvier 2014

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates26/10/2022
    MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/01/2016
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Other29/01/2014
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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

Timeline

  1. 2025
    Annual accounts 2025114,5 k €↓
  2. 2024
    Annual accounts 2024116,2 k €↓
  3. 2023
    Annual accounts 2023121,2 k €↑
  4. 2022
    Annual accounts 2022118,4 k €↑
  5. 2021
    Annual accounts 202165,9 k €↓
  6. 2020
    Annual accounts 202085,5 k €↓
  7. 2019
    Annual accounts 201993,1 k €↓
  8. 2018
    Annual accounts 2018124,2 k €↑
  9. 2017
    Annual accounts 201752,2 k €↑
  10. 2016
    Annual accounts 201636,1 k €↓
  11. 2015
    Annual accounts 201550,3 k €↑
  12. 2014
    Annual accounts 201433,2 k €
  13. 20/01/2014
    IncorporationPrivate limited company