TAWSS
ActiveSummary
TAWSS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show negative equity (-€1.1m) and a net result of €164,132. Equity is shrinking by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 5585 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 5585 sector peers (2025).
NBB · sector comparisonPosition among 5585 sector peers
Solvency
better than 5%
← weakest
strongest →
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
14 d early
2023
28 d late
2022
56 d late
2021
60 d late
2020
61 d late
2019
42 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 32 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 29 August (4 of the last 5 filed years within 38 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#1 company by total assets in Verlaine
Equity
-€1.1m▲ 12.8%
2024 · -€1.3m
Net result
€164,132▲ 133%
2024 · €70,573
Total assets
€18.1m▲ 15.7%
2024 · €15.7m
Solvency
-6.2%▲ 2.0pp
2024 · -8.2%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result-€424,113▼ 48.2%-€36,405▲ 91.4%€63,189€34,528▼ 45.4%€119,691▲ 247%
Net result-€372,230below the sector's middle half▼ 137%€14,198within the sector's middle half€112,544within the sector's middle half▲ 693%€70,573within the sector's middle half▼ 37.3%€164,132within the sector's middle half▲ 133%
Equity-€1.5mbelow the sector's middle half▼ 33.8%-€1.5mbelow the sector's middle half▲ 1.0%-€1.3mbelow the sector's middle half▲ 7.7%-€1.3mbelow the sector's middle half▲ 5.2%-€1.1mbelow the sector's middle half▲ 12.8%
Total assets€12.2mwithin the sector's middle half▲ 29.7%€15.0mwithin the sector's middle half▲ 23.0%€15.5mwithin the sector's middle half▲ 3.3%€15.7mwithin the sector's middle half▲ 1.0%€18.1mabove the sector's middle half▲ 15.7%
Debt€13.7m▲ 30.1%€16.5m▲ 20.4%€16.9m▲ 2.3%€16.9m▲ 0.5%€19.2m▲ 13.5%
Working capital€426,593within the sector's middle half▼ 29.3%€605,040within the sector's middle half▲ 41.8%€1.3mwithin the sector's middle half▲ 108%€588,933within the sector's middle half▼ 53.2%€1.9mabove the sector's middle half▲ 215%
Solvency-12.1%below the sector's middle half▼ 0.4pp-9.7%below the sector's middle half▲ 2.4pp-8.7%below the sector's middle half▲ 1.0pp-8.2%below the sector's middle half▲ 0.5pp-6.2%below the sector's middle half▲ 2.0pp
Current ratio2.73within the sector's middle half▼ 1.232.44within the sector's middle half▼ 0.295.49above the sector's middle half▲ 3.051.26within the sector's middle half▼ 4.241.81within the sector's middle half▲ 0.55
Return on assets (ROA)-3.0%below the sector's middle half▼ 1.4pp0.1%within the sector's middle half▲ 3.1pp0.7%within the sector's middle half▲ 0.6pp0.5%within the sector's middle half▼ 0.3pp0.9%within the sector's middle half▲ 0.5pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 247% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €18.1m
Fixed assets
€14.0m ▲ 9.4%
Current assets
€4.2m ▲ 43.5%
Key figures and ratios
Debt ≤ 1 year
€2.3m▼
2024 · €2.3m
Debt > 1 year
€16.9m▲
2024 · €14.6m
Income taxes
€55▼
2024 · €2,702
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | -€414 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €601,894 | €287,625 | €315,069 | €282,069 | €282,943 | ▲ 0.3% |
| Other operating charges640/8 | €44,535 | €65,391 | €73,148 | €109,706 | €70,784 | ▼ 35.5% |
| Gross operating margin9900 | €221,902 | €316,610 | €451,406 | €426,303 | €473,418 | ▲ 11.1% |
| Operating profit (loss)9901 | -€424,113 | -€36,405 | €63,189 | €34,528 | €119,691 | ▲ 247% |
| Financial income75/76B | €93,473 | €92,089 | €90,000 | €116,239 | €136,124 | ▲ 17.1% |
| Recurring financial income75 | €93,473 | €92,089 | €90,000 | €116,239 | €136,124 | ▲ 17.1% |
| Financial charges65/66B | €41,100 | €40,985 | €37,089 | €77,493 | €91,627 | ▲ 18.2% |
| Recurring financial charges65 | €41,100 | €40,985 | €37,089 | €77,493 | €91,627 | ▲ 18.2% |
| Profit (loss) for the period before taxes9903 | -€371,740 | €14,699 | €116,100 | €73,275 | €164,187 | ▲ 124% |
| Income taxes67/77 | €490 | €501 | €3,556 | €2,702 | €55 | ▼ 98.0% |
| Profit (loss) for the period9904 | -€372,230 | €14,198 | €112,544 | €70,573 | €164,132 | ▲ 133% |
| Profit (loss) for the period to be appropriated9905 | -€372,230 | €14,198 | €112,544 | €70,573 | €164,132 | ▲ 133% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €12.2m | €15.0m | €15.5m | €15.7m | €18.1m | ▲ 15.7% |
| Formation expenses20 | €0 | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €11.5m | €14.0m | €14.0m | €12.8m | €14.0m | ▲ 9.4% |
| Intangible fixed assets21 | €12,603 | €0 | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €7.3m | €7.9m | €7.8m | €7.5m | €7.2m | ▼ 3.6% |
| Land and buildings22 | €7.3m | €7.7m | €7.7m | €7.5m | €7.2m | ▼ 3.6% |
| Plant, machinery and equipment23 | €12,601 | €0 | €0 | €0 | €0 | - |
| Furniture and vehicles24 | €2,400 | €197,838 | €158,270 | €0 | - | - |
| Financial fixed assets28 | €4.2m | €6.1m | €6.1m | €5.3m | €6.8m | ▲ 27.5% |
| Current assets29/58 | €672,523 | €1.0m | €1.5m | €2.9m | €4.2m | ▲ 43.5% |
| Stocks and contracts in progress3 | €5,242 | €10,466 | €7,989 | €108,820 | €103,486 | ▼ 4.9% |
| Stocks30/36 | €5,242 | €10,466 | €7,989 | €108,820 | €103,486 | ▼ 4.9% |
| Amounts receivable within one year40/41 | €160,239 | €650,009 | €1.4m | €2.7m | €3.9m | ▲ 46.2% |
| Trade receivables40 | €7,563 | €8,228 | €17,001 | €78,648 | €42,004 | ▼ 46.6% |
| Other amounts receivable41 | €152,677 | €641,781 | €1.4m | €2.6m | €3.9m | ▲ 49.0% |
| Cash at bank and in hand54/58 | €504,739 | €315,044 | €131,297 | €66,828 | €84,565 | ▲ 26.5% |
| Deferred charges and accrued income490/1 | €2,303 | €48,243 | €21,692 | €37,066 | €44,101 | ▲ 19.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €12.2m | €15.0m | €15.5m | €15.7m | €18.1m | ▲ 15.7% |
| Equity10/15 | -€1.5m | -€1.5m | -€1.3m | -€1.3m | -€1.1m | ▲ 12.8% |
| Contributions10/11 | €318,600 | €318,600 | €318,600 | €318,600 | €318,600 | = |
| Profit (loss) carried forward14 | -€1.8m | -€1.8m | -€1.7m | -€1.6m | -€1.4m | ▲ 10.3% |
| Amounts payable17/49 | €13.7m | €16.5m | €16.9m | €16.9m | €19.2m | ▲ 13.5% |
| Amounts payable after more than one year17 | €13.4m | €16.1m | €16.6m | €14.6m | €16.9m | ▲ 15.7% |
| Financial debts170/4 | €2.0m | €1.8m | €1.6m | €1.4m | €1.3m | ▼ 13.1% |
| Other amounts payable178/9 | €11.5m | €14.3m | €15.0m | €13.2m | €15.7m | ▲ 18.9% |
| Amounts payable within one year42/48 | €245,930 | €418,722 | €279,904 | €2.3m | €2.3m | ▼ 0.4% |
| Current portion of amounts payable after more than one year42 | €175,619 | €178,911 | €182,280 | €185,746 | €189,294 | ▲ 1.9% |
| Financial debts43 | - | - | - | €2.0m | €2.0m | = |
| Credit institutions430/8 | - | - | - | €2.0m | €2.0m | = |
| Trade debts44 | €13,647 | €23,356 | €9,302 | €9,907 | €0 | ▼ 100% |
| Suppliers440/4 | €13,647 | €23,356 | €9,302 | €9,907 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €26,141 | €42,731 | €3,708 | €6,995 | €5,398 | ▼ 22.8% |
| Taxes450/3 | €26,141 | €42,731 | €3,708 | €6,995 | €5,398 | ▼ 22.8% |
| Other amounts payable47/48 | €30,523 | €173,724 | €84,613 | €103,793 | €102,028 | ▼ 1.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€372,230 | €14,198 | €112,544 | €70,573 | €164,132 | ▲ 133% |
| + Depreciation and write-downs630 | €601,894 | €287,625 | €315,069 | €282,069 | €282,943 | ▲ 0.3% |
| Operating cash flow (approximation) | €229,664 | €301,822 | €427,613 | €352,642 | €447,075 | ▲ 26.8% |
| Investment in fixed assets (approximation) | - | -€2.7m | -€292,610 | €927,739 | -€1.5m | ▼ 259% |
| Change in cash | - | -€189,695 | -€183,746 | -€64,469 | €17,737 | ▲ 128% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-03
State Gazette act
General meeting · Capital increase
Capital · Statutes amendment
2025
31-12
Financial
Highest result since 2018net €164,132 ▲133%
Operating result €119,691, net result €164,132, both a record.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 28 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 5.49
Current ratio from 2.44 to 5.49; short-term debt falls from €418,722 to €279,904.
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 56 days late
2022
31-12
Financial
Back to profitnet €14,198
Net result €14,198 after 4 loss-making years.
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 60 days late
2021
31-12
Financial
Weakest financial yearnet -€372,230
Net result drops to -€372,230, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 61 days late
2020
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 42 days late
Show earlier events
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 10 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 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, Verlaine · 1 establishment unit since 2008
Ground area
646 m²
Building footprint
109 m²
Volume, LiDAR
903 m³
Parcel 61063B0565/00Y000, Wallonia · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TWASS
since 20082.216.260.651
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61063B0565/00Y000 | Wallonia | 646 m² | 1 · 109 m² | 10.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
This company
Company
Director
Shareholding
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
11 locations
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-10-2008
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0807455516
Also
9925:BE0807455516
Registered
17-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.