ACTIVE

KeyWest Development

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Financial year 2025 · closed on 31/12/2025
Net result
-3,2 k €
-174.4% YoY
Gross margin
4,1 k €
-70.4% YoY
Equity
1,2 M €
-0.3% YoY
Workforce
0,0 ETP

What does KeyWest Development do?

KeyWest Development is a Public limited company incorporated in 2019. Its main activity is: Development of building projects. Its registered office is in Bruxelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0738.738.439
Incorporation
04/12/2019
Legal form
Public limited company
Registered office
Boulevard Anspach 1
1000 Bruxelles · BruxellesSee on map
Contributed capital
1 250 000,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Activities (NACE)
41101Development of building projects· main68121Buying and selling of own real estate41102Development of building projects68122Buying and selling of own real estate
Signals
Good liquidity
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin4,1 k €13,8 k €-2,4 k €-2,5 k €-8,5 k €–
EBITDA-3,2 k €4,3 k €-3,3 k €-4,8 k €-8,5 k €-8,4 k €
Operating result-3,2 k €4,3 k €-3,3 k €-4,8 k €-8,5 k €-8,4 k €
Net result-3,2 k €4,3 k €-9,3 k €-5,7 k €-9,4 k €-8,9 k €
Balance sheet
Equity1,2 M €1,2 M €1,2 M €1,2 M €1,2 M €1,2 M €
Total assets18,4 M €17,3 M €16,1 M €14,7 M €13,1 M €11 M €
Cash46,9 k €80,4 k €55,9 k €208,4 k €165,2 k €378,9 k €
Debts17,1 M €16,1 M €14,9 M €13,4 M €11,9 M €9,8 M €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP–––
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 14 ended

Active mandates

Lady At Work

Director · since 06 juin 2024 · until 01 juin 2028 · 0628.676.301

Represented by Stephanie De Wilde

Active
Jacques Lefèvre

Director · since 01 juin 2023 · until 03 juin 2027

Active
QUEEN-K

Director · since 07 novembre 2022 · until 24 juin 2026 · 0834.400.829

Represented by Olivier Thiel

Active
SG Perf

Director · since 07 novembre 2022 · until 24 juin 2026 · 0732.971.887

Represented by Sandra GOTTCHEINER

Active

Ended mandates

Jacques Lefevre

Director · since 01 juin 2023 · until 01 juin 2027

Ended
QUEEN-K

Director · since 07 novembre 2022 · until 07 novembre 2026 · 0834.400.829

Represented by Olivier THIEL

Ended
QUEEN-K

Director · since 07 novembre 2022 · until 04 juin 2026 · 0834.400.829

Represented by Olivier Thiel

Ended
SG Perf

Director · since 07 novembre 2022 · until 04 juin 2026 · 0732.971.887

Represented by Sandra GOTTCHEINER

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202104/12/2019
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 months13 months
Filing date15/07/202605/08/202512/08/202412/06/202305/07/202202/08/2021
General meeting24/06/202627/06/202512/06/202401/06/202310/06/202228/06/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202524/06/202615/07/2026FrenchPDF
Abridged model31/12/202427/06/202505/08/2025FrenchPDF
Abridged model31/12/202312/06/202412/08/2024FrenchPDF
Abridged model31/12/202201/06/202312/06/2023FrenchPDF
Abridged model31/12/202110/06/202205/07/2022FrenchPDF
Full model31/12/202028/06/202102/08/2021FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 4 active · 14 ended

Active mandates

Lady At Work

Director · since 06 juin 2024 · until 01 juin 2028 · 0628.676.301

Represented by Stephanie De Wilde

Active
Jacques Lefèvre

Director · since 01 juin 2023 · until 03 juin 2027

Active
QUEEN-K

Director · since 07 novembre 2022 · until 24 juin 2026 · 0834.400.829

Represented by Olivier Thiel

Active
SG Perf

Director · since 07 novembre 2022 · until 24 juin 2026 · 0732.971.887

Represented by Sandra GOTTCHEINER

Active

Ended mandates

Jacques Lefevre

Director · since 01 juin 2023 · until 01 juin 2027

Ended
QUEEN-K

Director · since 07 novembre 2022 · until 07 novembre 2026 · 0834.400.829

Represented by Olivier THIEL

Ended
QUEEN-K

Director · since 07 novembre 2022 · until 04 juin 2026 · 0834.400.829

Represented by Olivier Thiel

Ended
SG Perf

Director · since 07 novembre 2022 · until 04 juin 2026 · 0732.971.887

Represented by Sandra GOTTCHEINER

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/08/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/11/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office16/08/2022
    SIEGE SOCIAL
    PDF
  • Mandates16/07/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/10/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Other06/12/2019
    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 2025-3,2 k €↓
  2. 2024
    Annual accounts 20244,3 k €↑
  3. 2023
    Annual accounts 2023-9,3 k €↓
  4. 2022
    Annual accounts 2022-5,7 k €↑
  5. 2021
    Annual accounts 2021-9,4 k €↓
  6. 2020
    Annual accounts 2020-8,9 k €
  7. 04/12/2019
    IncorporationPublic limited company