TWIEJO
ActiveTWIEJO has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €163k and a net result of €-11k. Equity is growing by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 67% of 7690 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
78
/ 100
Excellent▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 2.47 against 3.11 in 2024), and 30.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€11k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
19 d late
2023
40 d early
2022
32 d early
2021
4 d early
2020
30 d early
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€163k▼ 6.3%
2024 · €174k
2018: €82k
2019: €106k
2020: €159k
2021: €184k
2022: €200k
2023: €195k
2024: €174k
2018 → 2025
Total assets
€234k▲ 3.5%
2024 · €226k
2018: €107k
2019: €147k
2020: €242k
2021: €305k
2022: €300k
2023: €263k
2024: €226k
2018 → 2025
Net result
€-11k▲ 49.2%
2024 · €-22k
2018: €24k
2019: €24k
2020: €53k
2021: €25k
2022: €16k
2023: €-5k
2024: €-22k
2018 → 2025
Working capital
€104k▲ 3.1%
2024 · €101k
2018: €53k
2019: €64k
2020: €77k
2021: €82k
2022: €108k
2023: €108k
2024: €101k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€184k-€200k▲ 8.9%€195k▼ 2.6%€174k▼ 11.1%€163k▼ 6.3%
Operating result€38k-€27k▼ 29.6%€-5k€-21k▼ 367%€-11k▲ 48.9%
Net result€25k-€16k▼ 34.6%€-5k€-22k▼ 318%€-11k▲ 49.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2025 against €21k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €234k
Fixed assets
€58k▼ 24.0%
Current assets
€175k▲ 17.5%
Equity and liabilities €234k
Equity
€163k▼ 6.3%
Debt
€71k▲ 36.0%
The debt ratio rises from 23.1% to 30.4%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€9k▲
2024 · €1k
Cash flow
€9k▲
2024 · €1k
Solvency
69.6%▼
2024 · 76.9%
Current ratio
2.47▼
2024 · 3.11
Quick ratio
1.50▼
2024 · 1.82
Debt / equity
0.44▲
2024 · 0.30
ROE
-6.8%▲
2024 · -12.5%
ROA
-4.7%▲
2024 · -9.6%
Interest coverage
25.20▲
2024 · 3.61
Debt
€71k▲
2024 · €52k
Debt ≤ 1 year
€71k▲
2024 · €48k
Income taxes
€170▼
2024 · €182
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€226k€234k▲
Fixed assets21/28€77k€58k▼
Tangible fixed assets22/27€77k€58k▼
Plant, machinery and equipment23€232€40▼
Furniture and vehicles24€1k€1k▲
Leasing and similar rights25€12k€3k▼
Other tangible fixed assets26€63k€54k▼
Current assets29/58€149k€175k▲
Stocks and contracts in progress3€62k€69k▲
Stocks30/36€62k€69k▲
Amounts receivable within one year40/41€2k€3k▲
Trade receivables40€2k€2k▼
Other amounts receivable41-€220
Cash at bank and in hand54/58€74k€91k▲
Deferred charges and accrued income490/1€11k€13k▲
Equity and liabilities
Total equity and liabilities10/49€226k€234k▲
Equity10/15€174k€163k▼
Contributions10/11€6k€6k=
Reserves13€167k€156k▼
Distributable reserves133€167k€156k▼
Amounts payable17/49€52k€71k▲
Amounts payable after more than one year17€4k-
Financial debts170/4€4k-
Amounts payable within one year42/48€48k€71k▲
Current portion of amounts payable after more than one year42€7k€4k▼
Trade debts44€3k€23k▲
Suppliers440/4€3k€23k▲
Taxes, remuneration and social security45€3k€11k▲
Taxes450/3€3k€11k▲
Other amounts payable47/48€35k€33k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€20k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€4k€11k▲
Operating profit (loss)9901€-21k€-11k▲
Financial income75/76B€336€455▲
Recurring financial income75€336€455▲
Financial charges65/66B€367€342▼
Recurring financial charges65€367€342▼
Profit (loss) for the period before taxes9903€-21k€-11k▲
Income taxes67/77€182€170▼
Profit (loss) for the period9904€-22k€-11k▲
Profit (loss) for the period to be appropriated9905€-22k€-11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-22k€-11k▲
Transfer from equity791/2€22k€11k▼
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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
31-12
Financial
Weakest financial yearnet €-22k
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €200k ▲8.9%
5 profitable years in a row build equity to €200k.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €53k ▲119%
Operating result €72k, net result €53k, both a record.
31-12
Financial
Equity above €150kEq €159k ▲50%
3 profitable years in a row build equity to €159k.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Equity above €100kEq €106k ▲29.7%
2 profitable years in a row build equity to €106k.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Kortrijk · 1 establishment unit since 2008
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.
Groene Dreef(Rol) 478510 KortrijkGround area
1,471 m²
Building footprint
366 m²
Volume, LiDAR
1,926 m³
Parcel 34033C0218/00F002, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TWIEJO
since 20082.170.706.679
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34033C0218/00F002 | Flanders | 1,471 m² | 1 · 366 m² | 9.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 1,479 EUR awarded · 1,547 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 150 EUR | 150 EUR |
| 2023 | 1 | 597 EUR | 665 EUR |
| 2022 | 1 | 732 EUR | 732 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Vertigo Events
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ALL INVEST.
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Diest · Eq €162k
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Tongeren-Borgloon · Eq €162k
Of 4,559 companies in sector 82300 we hold annual accounts for 1,662. 1,261 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-04-2008
Fiscal year end31-12
Activities, NACEBEL
82300Organisation of conventions and trade shows
47690Retail sale of other cultural and recreation goods
47787Retail trade
47791Retail sale of antiques
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 17 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.