TW Design
ActiveThe computed 12-month bankruptcy probability of TW Design is 2.6% (moderate). The 2025 annual accounts show negative equity (€-3k) and a net result of €-5k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 18237 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
22
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency16▼-18
Growth58▲+6
Track record100
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.95 against 1.09 in 2024; short-term debt: 103.2% and cash: 14.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-9.3%
Return on assets
-17.1%
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €-3k
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 01-03-2026, 29 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filingsDeviation from the deadline
2025
29 d late
2024
1 d early
2023
on the day
2022
5 d early
2021
12 d early
2020
9 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-3k
2024 · €2k
2020: €-2k
2021: €12k
2022: €15k
2023: €16k
2024: €2k
2020 → 2025
Total assets
€29k▲ 17.7%
2024 · €24k
2020: €14k
2021: €29k
2022: €23k
2023: €25k
2024: €24k
2020 → 2025
Net result
€-5k▲ 65.0%
2024 · €-14k
2020: €-8k
2021: €13k
2022: €3k
2023: €1k
2024: €-14k
2020 → 2025
Working capital
€-2k
2024 · €2k
2020: €1k
2021: €12k
2022: €13k
2023: €15k
2024: €2k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€12k-€15k▲ 29.3%€16k▲ 7.5%€2k▼ 86.1%€-3k
Operating result€14k-€5k▼ 65.9%€2k▼ 52.6%€-13k€-5k▲ 65.0%
Net result€13k-€3k▼ 74.0%€1k▼ 67.1%€-14k€-5k▲ 65.0%
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 €5k in 2025 against €13k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €29k
Fixed assets
€590▲ 190%
Current assets
€28k▲ 16.3%
Key figures and ratios
EBITDA
€-5k▲
2024 · €-12k
Cash flow
€-5k▲
2024 · €-13k
Solvency
-9.3%▼
2024 · 9.3%
Current ratio
0.95▼
2024 · 1.09
Quick ratio
0.92▼
2024 · 1.05
Debt / equity
-11.79▼
2024 · 9.80
ROA
-17.1%▲
2024 · -57.6%
Interest coverage
-18.26▼
2024 · -17.48
Debt
€31k▲
2024 · €22k
Debt ≤ 1 year
€30k▲
2024 · €22k
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€24k€29k▲
Fixed assets21/28€204€590▲
Tangible fixed assets22/27€204€0▼
Plant, machinery and equipment23€75€0▼
Furniture and vehicles24€129€0▼
Financial fixed assets28-€590
Current assets29/58€24k€28k▲
Stocks and contracts in progress3€980€980=
Stocks30/36€980€980=
Amounts receivable within one year40/41€23k€23k▼
Trade receivables40€19k€23k▲
Other amounts receivable41€4k€0▼
Cash at bank and in hand54/58€36€4k▲
Deferred charges and accrued income490/1-€166
Equity and liabilities
Total equity and liabilities10/49€24k€29k▲
Equity10/15€2k€-3k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-4k€-9k▼
Amounts payable17/49€22k€31k▲
Amounts payable within one year42/48€22k€30k▲
Trade debts44€17k€3k▼
Suppliers440/4€17k€3k▼
Taxes, remuneration and social security45€107€1k▲
Taxes450/3€107€1k▲
Other amounts payable47/48€5k€26k▲
Accrued charges and deferred income492/3€0€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€75▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€263
Other operating charges640/8€764€639▼
Non-recurring operating charges66A-€129
Gross operating margin9900€-11k€-4k▲
Operating profit (loss)9901€-13k€-5k▲
Financial income75/76B€2€0▼
Recurring financial income75€2€0▼
Financial charges65/66B€699€251▼
Recurring financial charges65€699€251▼
Profit (loss) for the period before taxes9903€-14k€-5k▲
Income taxes67/77€0-
Profit (loss) for the period9904€-14k€-5k▲
Profit (loss) for the period to be appropriated9905€-14k€-5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-9k▼
Profit (loss) brought forward from the previous period14P€10k€-4k▼
The notes to these accounts (9 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
01-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Weakest financial yearnet €-14k ▼1340%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
19-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
22-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Ichtegem · 1 establishment unit since 2018
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.
Moerdijkstraat(ICH) 178480 IchtegemGround area
833 m²
Building footprint
140 m²
Volume, LiDAR
682 m³
Parcel 35006A0404/00W000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TW Design
since 20182.281.049.921
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35006A0404/00W000 | Flanders | 833 m² | 1 · 140 m² | 7.3 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.
Similar companies · same sector, comparable size
WILLIAM CONCEPT
BE 0537.808.580
Sint-Gillis (bij-Brussel) · Eq €2k
LE GRENIER D'IGOR
BE 0430.101.166
Liège · Eq €2k
MEUBELEN VANGENEUGDEN
BE 0412.850.707
Houthalen-Helchteren · Eq €2k
Conforta-Quality
BE 0553.552.175
Menen · Eq €2k
2 B Kitchens
BE 1005.467.752
Ukkel · Eq €2k
Of 2,610 companies in sector 47551 we hold annual accounts for 1,718. 286 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-10-2018
Fiscal year end30-06
Activities, NACEBEL
47551Retail sale of household furniture
47591Retail trade
62020IT consultancy
62200Computer consultancy and computer facilities management
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.