TW-Advisory
ActiveTW-Advisory has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €386k and a net result of €184k. Equity is growing by ~19.3% per year across the filed fiscal years. Its solvency ranks better than 71% of 12708 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
91
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+10
Solvency100▲+26
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 9.35 against 2.29 in 2024; short-term debt: 7.5% and cash: 14.2% of total assets), and 24.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
75.1%
Return on assets
35.7%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
32 d early
2022
4 d early
2021
10 d early
2020
29 d early
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close23-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€386k▲ 90.7%
2024 · €203k
2019: €81k
2020: €170k
2021: €148k
2022: €163k
2023: €213k
2024: €203k
2019 → 2025
Total assets
€515k▲ 23.9%
2024 · €416k
2019: €135k
2020: €365k
2021: €348k
2022: €323k
2023: €364k
2024: €416k
2019 → 2025
Net result
€184k▲ 166%
2024 · €69k
2019: €88k
2020: €90k
2021: €-23k
2022: €17k
2023: €50k
2024: €69k
2019 → 2025
Working capital
€322k▲ 118%
2024 · €147k
2019: €80k
2020: €148k
2021: €128k
2022: €134k
2023: €168k
2024: €147k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€148k-€163k▲ 10.6%€213k▲ 30.7%€203k▼ 5.1%€386k▲ 90.7%
Operating result€-20k-€20k€63k▲ 215%€89k▲ 41.1%€238k▲ 169%
Net result€-23k-€17k€50k▲ 188%€69k▲ 37.7%€184k▲ 166%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 169% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €515k
Fixed assets
€154k▲ 0.2%
Current assets
€360k▲ 37.8%
Equity and liabilities €515k
Equity
€386k▲ 90.7%
Debt
€128k▼ 39.7%
The debt ratio falls from 51.2% to 24.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€247k▲
2024 · €99k
Cash flow
€193k▲
2024 · €80k
Solvency
75.1%▲
2024 · 48.8%
Current ratio
9.35▲
2024 · 2.29
Quick ratio
9.35▲
2024 · 2.29
Debt / equity
0.33▼
2024 · 1.05
ROE
47.6%▲
2024 · 34.1%
ROA
35.7%▲
2024 · 16.6%
Interest coverage
195.34▲
2024 · 64.65
Debt
€128k▼
2024 · €213k
Debt ≤ 1 year
€39k▼
2024 · €114k
Debt > 1 year
€90k▼
2024 · €99k
Income taxes
€56k▲
2024 · €18k
Staff costs
€627
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€416k€515k▲
Fixed assets21/28€154k€154k▲
Tangible fixed assets22/27€154k€154k▲
Land and buildings22€132k€132k▲
Plant, machinery and equipment23€14k€13k▼
Furniture and vehicles24€8k€10k▲
Current assets29/58€262k€360k▲
Amounts receivable within one year40/41€43k€21k▼
Trade receivables40€31k€20k▼
Other amounts receivable41€12k€2k▼
Current investments50/53€50k€265k▲
Cash at bank and in hand54/58€167k€73k▼
Deferred charges and accrued income490/1€1k€925▼
Equity and liabilities
Total equity and liabilities10/49€416k€515k▲
Equity10/15€203k€386k▲
Contributions10/11€19k€19k=
Reserves13€184k€368k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€184k€368k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€213k€128k▼
Amounts payable after more than one year17€99k€90k▼
Financial debts170/4€99k€90k▼
Amounts payable within one year42/48€114k€39k▼
Current portion of amounts payable after more than one year42€17k€9k▼
Trade debts44€2k€10k▲
Suppliers440/4€2k€10k▲
Taxes, remuneration and social security45€15k€20k▲
Taxes450/3€15k€20k▲
Other amounts payable47/48€80k€306▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A-€3k
Remuneration, social security and pensions62-€627
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€9k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€101k€249k▲
Operating profit (loss)9901€89k€238k▲
Financial income75/76B€528€3k▲
Recurring financial income75€528€3k▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€87k€240k▲
Income taxes67/77€18k€56k▲
Profit (loss) for the period9904€69k€184k▲
Profit (loss) for the period to be appropriated9905€69k€184k▲
Appropriation of the result
Profit (loss) to be appropriated9906€69k€184k▲
Transfer from equity791/2€11k€0▼
Transfer to equity691/2€0€184k▲
To other reserves6921€0€184k▲
Profit to be distributed694/7€80k€0▼
Return on contributions (dividend)694€80k€0▼
The notes to these accounts (17 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
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2019net €184k ▲166%
Operating result €238k, net result €184k, both a record.
31-03
Financial
Liquidity quadruplescurrent ratio 9.35
Current ratio from 2.29 to 9.35; short-term debt falls from €114k to €39k.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Equity above €200kEq €213k ▲30.7%
2 profitable years in a row build equity to €213k.
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
31-03
Financial
Equity above €150kEq €163k ▲10.6%
Equity rises from €148k to €163k.
2021
21-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Weakest financial yearnet €-23k ▼125%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
2020
02-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Equity above €150kEq €170k ▲111%
2 profitable years in a row build equity to €170k.
2019
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · 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, Deinze · 1 establishment unit since 2017
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.
Veldestraat 1389850 DeinzeGround area
152 m²
Building footprint
158 m²
Volume, LiDAR
639 m³
Parcel 44044A0935/00S000, Flanders · tallest building 7.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
TW-Advisory
since 20172.270.411.593
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44044A0935/00S000 | Flanders | 152 m² | 1 · 158 m² | 7.2 m · 1 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
2023 to 2025 · 2 entries · 4,218 EUR awarded · 4,218 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,968 EUR | 1,968 EUR |
| 2023 | 1 | 2,250 EUR | 2,250 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
98450047CC5CC4D15916
Similar companies · same sector, comparable size
NIJSTEN BELASTINGADVISEURS
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BE 0412.078.665
Nivelles · Eq €387k
VILINARE
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MAJO
BE 0453.755.904
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KERA
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Haaltert · Eq €385k
Of 2,267 companies in sector 69209 we hold annual accounts for 1,098. 769 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-11-2017
Fiscal year end31-03
Activities, NACEBEL
69202Legal and accounting activities
69209Other tax advisory services
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
66199Other activities auxiliary to financial services, excluding insurance and pension funding
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.