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TW EDNIC

Active
General partnershipfounded 2010active for 15 yearsSteegsebaan 134, 2490 Balen, BelgiumKBO/BCE: BE 0831.689.183
Summary

TW EDNIC has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18,837 and a net result of €8,696. Equity has been shrinking by about 8.8% per year since 2018. Its solvency ranks better than 47% of 1,378 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 02-12-2010 Normal situation
Activity
Pet care services, excluding veterinary services NACE 96993and 5 others
Joint committee
124 Construction · annual accounts 2025
Establishment unit
2.196.617.260 2490 Balen, since 07-12-2010
Financial year end
31 December
Peppol
Reachable since 29-09-2025

Board and ownership

Board
  • Wouters TimDirector

Financial position

85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€114,013
▲ 146%
Turnover
≈ €200,000
estimated
Profit
€8,696
▲ 159%
Equity
€18,837
▼ 16.0%
Total assets
€66,838
▲ 36.2%
Employees on 31-12-2025
3
▲ 200%
  • 2025 accounts filed 55 days after the deadline
Score breakdownraises riskLast filed accounts filed 55 days late; 1 of the last 3 accounts lateSize: 1.9 FTE, total assets €66,838lowers riskLegal form: general partnershipLiquidity: current ratio 1.40, cash €13,941Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 36% of micro companies in advertising and market research (NACE 73)
Financial strength · tick: 2024
Average
Solvency 53-18
equity 28.2% of total assets
Liquidity 41-30
short-term debt 66.3% · cash 20.9%
Profitability 85+26
return on assets 13.0%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,229 companies, NACE 73, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.2%▲ +0.1 percentage points vs 08-2026 10-2026: 0.3%▲ +0.1 percentage points vs 09-2026highest value 11-2026: 0.3%● unchanged vs 10-2026highest value
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.4 (2.3 in 2024), below the usual 1.5. Short-term debt is 66.3% and cash 20.9% of total assets. 71.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 73, micro). It does better than 32% of them on solvency, 24% on liquidity, 61% on profitability and 26% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Last filed accounts filed 55 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Legal form: general partnership
KBO
raises risk · Size: 1.9 FTE, total assets €66,838
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.40, cash €13,941
NBB · annual accounts
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-09-2026, 55 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
55 days late
2024
34 days early
2023
19 days early
2022
32 days early
2021
31 days early
2020
27 days late
2019
35 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 10 days before the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 9th oldest company in Balen, Other services sectorin the Checked rankings No. 9 View

Recent changes

  1. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as TW EDNIC: pet care services, excluding veterinary services (NACE 96993). They are comparable in size and age: total assets between €44,700 and €269,000, founded between 2009 and 2022.

CompanyTotal assetsGross margin
TW EDNIC Balen€66,838€114,013
DAP DDD Beerse€268,804€147,904
COSTA CONCEPT Jemeppe-sur-Sambre€93,606€92,549
SO’CHIC Etterbeek€79,344€71,222
WONDERFUL TREATMENT Lier€121,912€125,166
Smolders Trading Belgium Retie€44,742€53,925
4 Paws Hoogstraten€183,008€62,104
Full comparison

Key facts about TW EDNIC

What is the company number of TW EDNIC?
The company number of TW EDNIC is 0831.689.183. The VAT number is the same number with BE in front: BE 0831.689.183.
Where is TW EDNIC based?
The registered office is at Steegsebaan 134, 2490 Balen.Company details
What does TW EDNIC do?
According to the KBO register, the main activity is pet care services, excluding veterinary services (NACE 96993).
What is the legal form of TW EDNIC?
TW EDNIC is a general partnership (VOF).
When was TW EDNIC founded?
TW EDNIC was founded on 02-12-2010.
Is TW EDNIC still active?
Yes, TW EDNIC is an active enterprise in the KBO register.
How many employees does TW EDNIC have?
TW EDNIC had an average of 1.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does TW EDNIC fall under?
In its 2025 annual accounts, TW EDNIC states joint committee 124 (Construction).
What is the turnover of TW EDNIC?
The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €114,013 and 38 comparable companies (NACE 96). It probably lies between €150,000 and €230,000.
Is TW EDNIC profitable?
In financial year 2025, TW EDNIC made a profit of €8,696.
Where can I find the annual accounts of TW EDNIC?
TW EDNIC filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TW EDNIC due?
TW EDNIC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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