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IMMO TWINS

Active
Private limited companyfounded 201015 yrs activeZuidlaan (DEN) 2, 9200 Dendermonde, BelgiumKBO/BCE: BE 0831.403.034

IMMO TWINS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €941k and a net result of €44k. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 65% of 9135 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
73 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+4
Solvency75▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 3.11 against 3.66 in 2024; short-term debt: 20.9% and cash: 14.4% of total assets), and 49.8% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
50.2%
Return on assets
2.3%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 15 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 13-03-2026, 48 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
48 d early
2024
1 d early
2023
33 d early
2022
23 d early
2021
30 d early
2020
15 d early
2019
35 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
18-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€941k▼ 16.4%
2024 · €1.13M
2018: €735k 2019: €964k 2020: €1.27M 2021: €1.30M 2022: €1.29M 2023: €1.35M 2024: €1.13M
2018 → 2025
Total assets
€1.88M▼ 12.4%
2024 · €2.14M
2018: €1.60M 2019: €1.77M 2020: €2.13M 2021: €2.06M 2022: €2.10M 2023: €2.06M 2024: €2.14M
2018 → 2025
Net result
€44k▲ 1,366%
2024 · €3k
2018: €115k 2019: €230k 2020: €309k 2021: €157k 2022: €112k 2023: €62k 2024: €3k
2018 → 2025
Working capital
€829k▼ 15.2%
2024 · €978k
2018: €455k 2019: €730k 2020: €1.12M 2021: €1.12M 2022: €1.19M 2023: €1.34M 2024: €978k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€1.30M-€1.29M▼ 0.9%€1.35M▲ 4.8%€1.13M▼ 16.6%€941k▼ 16.4%
Operating result€241k-€176k▼ 26.8%€95k▼ 46.1%€24k▼ 74.6%€93k▲ 287%
Net result€157k-€112k▼ 28.8%€62k▼ 44.1%€3k▼ 95.2%€44k▲ 1,366%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200kOperating result 2021: €241k€241kNet result 2021: €157k€157kOperating result 2022: €176k€176kNet result 2022: €112k€112kOperating result 2023: €95k€95kNet result 2023: €62k€62kOperating result 2024: €24k€24kNet result 2024: €3k€3kOperating result 2025: €93k€93kNet result 2025: €44k€44k20212022202320242025
The operating result recovers in 2025; 2025 is 287% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.88M
Fixed assets €655k▼ 17.9%
Current assets €1.22M▼ 9.2%
Equity and liabilities €1.88M
Equity €941k▼ 16.4%
Debt €936k▼ 8.0%
The debt ratio rises from 47.4% to 49.8%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€256k
2024 · €215k
Cash flow
€207k
2024 · €194k
Solvency
50.2%
2024 · 52.6%
Current ratio
3.11
2024 · 3.66
Quick ratio
3.11
2024 · 3.66
Debt / equity
0.99
2024 · 0.90
ROE
4.6%
2024 · 0.3%
ROA
2.3%
2024 · 0.1%
Interest coverage
7.92
2024 · 5.84
Debt
€936k
2024 · €1.02M
Debt ≤ 1 year
€393k
2024 · €368k
Debt > 1 year
€543k
2024 · €648k
Income taxes
€24k
2024 · €4k
Staff costs
€246k
2024 · €245k
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€2.14M€1.88M
Fixed assets21/28€797k€655k
Intangible fixed assets21€2k€824
Tangible fixed assets22/27€794k€653k
Land and buildings22€270k€240k
Plant, machinery and equipment23€116k€73k
Furniture and vehicles24€10k€21k
Leasing and similar rights25€279k€212k
Other tangible fixed assets26€120k€107k
Financial fixed assets28€1k€1k=
Current assets29/58€1.35M€1.22M
Amounts receivable within one year40/41€946k€933k
Trade receivables40€136k€122k
Other amounts receivable41€810k€811k=
Current investments50/53€900€900=
Cash at bank and in hand54/58€375k€271k
Deferred charges and accrued income490/1€24k€18k
Equity and liabilities
Total equity and liabilities10/49€2.14M€1.88M
Equity10/15€1.13M€941k
Contributions10/11€19k€19k=
Reserves13€1.11M€923k
Tax-exempt reserves132€202€202=
Distributable reserves133€1.11M€922k
Amounts payable17/49€1.02M€936k
Amounts payable after more than one year17€648k€543k
Financial debts170/4€648k€543k
Amounts payable within one year42/48€368k€393k
Current portion of amounts payable after more than one year42€100k€105k
Trade debts44€52k€53k
Suppliers440/4€52k€53k
Taxes, remuneration and social security45€50k€83k
Taxes450/3€30k€51k
Remuneration and social security454/9€19k€32k
Other amounts payable47/48€166k€151k
Accrued charges and deferred income492/3€152€178
Income statement Code20242025
Non-recurring operating income76A€22k€5k
Remuneration, social security and pensions62€245k€246k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€191k€163k
Provisions for liabilities and charges: additions (uses and reversals)635/8€-7k-
Other operating charges640/8€6k€8k
Non-recurring operating charges66A€5k€4k
Gross operating margin9900€464k€514k
Operating profit (loss)9901€24k€93k
Financial income75/76B€20k€7k
Recurring financial income75€20k€7k
Financial charges65/66B€37k€32k
Recurring financial charges65€37k€32k
Profit (loss) for the period before taxes9903€7k€68k
Income taxes67/77€4k€24k
Profit (loss) for the period9904€3k€44k
Profit (loss) for the period to be appropriated9905€3k€44k
Appropriation of the result
Profit (loss) to be appropriated9906€3k€44k
Transfer from equity791/2€228k€229k
Transfer to equity691/2€3k€44k
To other reserves6921€3k€44k
Profit to be distributed694/7€228k€229k
Return on contributions (dividend)694€228k€229k
Social balance
Average headcount (FTE)90874.14.0

The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
13-03
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-04
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial Weakest financial yearnet €3k ▼95.2%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
28-03
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
07-04
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-03
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-04
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial Highest result since 2018net €309k ▲34.5%
Operating result €486k, net result €309k, both a record.
30-09
Financial Equity above €1MEq €1.27M ▲32.1%
3 profitable years in a row build equity to €1.27M.
26-03
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-03
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
06-04
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 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, Dendermonde · 2 establishment units since 2016
establishment All 2 establishment units on the map
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.

Zuidlaan (DEN) 29200 Dendermonde
Ground area
1,110 m²
Building footprint
634 m²
Volume, LiDAR
5,244 m³
2 parcels, Flanders · tallest building 21.6 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
IMMO TWINS
Zuidlaan (DEN) 2, 9200 DendermondeReal estate activities
since 20162.249.838.685
IMMO TWINS
Grote Markt (DEN) 24, 9200 DendermondeReal estate activities
since 20232.344.811.187
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42006C0131/00K000
ProtectedMonument · Townscape or village viewBurgerhuis deurwaarder Fr. D'HondtSource ↗
Flanders 805 m² 1 · 184 m² 21.6 m · 5 fl.
42006D0277/00H010 Flanders 305 m² 1 · 449 m² 17.6 m · 1 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Public money · subsidies and aid

Flemish government

2023 to 2025 · 2 entries · 3,809 EUR awarded · 3,809 EUR paid
Year Entries awardedpaid
2025 1 3,360 EUR3,360 EUR
2023 1 449 EUR449 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 3,809 EUR · 3,809 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 11,748 companies in sector 68310 we hold annual accounts for 6,906. 3,826 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded26-11-2010
Fiscal year end30-09
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
68312Real estate activities
68321Property management for co-owned buildings (syndics)
68322Real estate appraisal on a fee or contract basis
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Business parks

3 parks
Offers a parcel on business park:Boonwijkstraat - Van Langenhovestraat
Dendermonde
Offers a parcel on business park:RUP zvb / Van Gucht bvba
Dendermonde
Offers a parcel on business park:Schoonaardemeersch
Dendermonde