TWI-CIT
ActiveThe computed 12-month bankruptcy probability of TWI-CIT is 1.8% (moderate). The 2025 annual accounts show equity of €15k and a net result of €207. Equity is shrinking by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 37% of 4488 sector peers (fiscal year 2025). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+16
Solvency51▲+7
Growth44▲+12
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.28 against 0.23 in 2024; short-term debt: 74.1% and cash: 12.8% of total assets), and 74.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €15k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
23 d early
2023
7 d late
2022
29 d late
2021
5 d late
2020
6 d late
2019
28 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€54k▲ 9.9%
2024 · €49k
2024: €49k
2024 → 2025
EBIT margin
0.7%=
2024 · 0.7%
2024: 0.7%
2024 → 2025
Net result
€207▲ 15.4%
2024 · €179
2018: €372
2019: €865
2020: €-9k
2021: €11k
2022: €155
2023: €57
2024: €179
2018 → 2025
Working capital
€-32k▲ 34.9%
2024 · €-49k
2018: €-22k
2019: €-16k
2020: €-16k
2021: €5k
2022: €3k
2023: €649
2024: €-49k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€49k€54k▲ 9.9%
Equity€23k-€22k▼ 5.9%€10k▼ 54.6%€15k▲ 52.2%€15k▲ 1.4%
Operating result€13k-€155▼ 98.8%€600▲ 287%€344▼ 42.6%€397▲ 15.4%
Net result€11k-€155▼ 98.6%€57▼ 63.0%€179▲ 213%€207▲ 15.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 15% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €59k
Fixed assets
€47k▼ 26.3%
Current assets
€12k▼ 19.0%
Equity and liabilities €59k
Equity
€15k▲ 1.4%
Debt
€44k▼ 31.1%
The debt ratio falls from 80.8% to 74.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€17k▲
2024 · €4k
Cash flow
€17k▲
2024 · €4k
Solvency
25.9%▲
2024 · 19.2%
Current ratio
0.28▲
2024 · 0.23
Quick ratio
0.28▲
2024 · 0.23
Debt / equity
2.86▼
2024 · 4.21
ROE
1.4%▲
2024 · 1.2%
ROA
0.4%▲
2024 · 0.2%
Interest coverage
90.23▲
2024 · 22.43
Debt
€44k▼
2024 · €64k
Debt ≤ 1 year
€44k▼
2024 · €64k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€79k€59k▼
Fixed assets21/28€64k€47k▼
Tangible fixed assets22/27€64k€47k▼
Furniture and vehicles24€64k€47k▼
Financial fixed assets28€81€81=
Current assets29/58€15k€12k▼
Amounts receivable within one year40/41€13k€5k▼
Trade receivables40€11k-
Other amounts receivable41€3k€5k▲
Cash at bank and in hand54/58€2k€8k▲
Equity and liabilities
Total equity and liabilities10/49€79k€59k▼
Equity10/15€15k€15k▲
Contributions10/11€5k€5k=
Reserves13€164€164=
Non-distributable reserves130/1€164€164=
Reserves not available under the articles1311€164€164=
Profit (loss) carried forward14€10k€10k▲
Amounts payable17/49€64k€44k▼
Amounts payable within one year42/48€64k€44k▼
Trade debts44€10k€141▼
Suppliers440/4€10k€141▼
Other amounts payable47/48€54k€44k▼
Income statement
Code20242025
Turnover70€49k€54k▲
Goods, raw materials, services and sundry goods60/61€39k€36k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€17k▲
Other operating charges640/8€6k€1k▼
Gross operating margin9900€10k€18k▲
Operating profit (loss)9901€344€397▲
Financial charges65/66B€165€190▲
Recurring financial charges65€165€190▲
Profit (loss) for the period before taxes9903€179€207▲
Profit (loss) for the period9904€179€207▲
Profit (loss) for the period to be appropriated9905€179€207▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€10k▲
Profit (loss) brought forward from the previous period14P€10k€10k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.16
Current ratio from 0.49 to 1.16; short-term debt falls from €31k to €29k.
06-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 6 days late
2020
31-12
Financial
Weakest financial yearnet €-9k ▼1168%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Etterbeek · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Vijverstraat 143/1451040 EtterbeekGround area
500 m²
Building footprint
202 m²
Volume, LiDAR
1,653 m³
2 parcels, Brussels · tallest building 15.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TWI-CIT
since 20042.136.739.556
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21363B0464/00T016 | Brussels | 311 m² | 1 · 122 m² | 15.5 m · 3 fl. |
| 21002A0094/00E004 | Brussels | 189 m² | 1 · 80 m² | 12.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 6,686 companies in sector 49330 we hold annual accounts for 2,284. 1,969 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-01-2004
Fiscal year end31-12
Activities, NACEBEL
49320Taxi operation
49330On-demand passenger transport by chauffeured vehicle
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.