TW STORE
ActiveSummary
TW STORE has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of -€40,334. Equity is growing by ~24.4% per year across the filed fiscal years. Its solvency ranks better than 79% of 204 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability67▼-7
Solvency98▼-2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150,000 at 30 days acceptable
Liquidity ample (current ratio 7.42 against 9.99 in 2024; short-term debt: 9.6% and cash: 70.5% of total assets), and 27.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 13
Relative position
BE, all sectors
reference
Manufacture of textiles (NACE 13)
about 62% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
72.8%
Return on assets
-1.6%
Age of the figures
9 mo
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
29 d early
2023
6 d early
2022
3 d early
2021
30 d early
2020
23 d early
2019
28 d early
← 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 21 days before the deadline; the sector median for financial year 2024 is 13 days before the deadline, and 32% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#5 company by equity in the province of Antwerp, Textiles sector#8 company by total assets in the province of Antwerp, Textiles sector
Equity
€1.8m▼ 11.4%
2024 · €2.0m
Total assets
€2.5m▼ 7.9%
2024 · €2.7m
Net result
-€40,334
2024 · €113,351
Working capital
€1.5m▼ 11.7%
2024 · €1.7m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 13, Manufacture of textiles, 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
Operating result€316,050▲ 14.7%€304,330▼ 3.7%€1.6m▲ 410%€143,370▼ 90.8%-€50,823
Net result€216,188within the sector's middle half▲ 11.7%€210,903within the sector's middle half▼ 2.4%€1.1mabove the sector's middle half▲ 445%€113,351above the sector's middle half▼ 90.1%-€40,334below the sector's middle half
Equity€768,518within the sector's middle half▲ 28.8%€929,698within the sector's middle half▲ 21.0%€2.1mabove the sector's middle half▲ 122%€2.0mabove the sector's middle half▼ 0.7%€1.8mabove the sector's middle half▼ 11.4%
Total assets€1.6mwithin the sector's middle half▲ 0.7%€1.6mwithin the sector's middle half▲ 2.8%€2.7mwithin the sector's middle half▲ 68.2%€2.7mabove the sector's middle half▲ 0.1%€2.5mabove the sector's middle half▼ 7.9%
Debt€795,029▼ 16.8%€677,814▼ 14.7%€319,343▼ 52.9%€312,453▼ 2.2%€333,793▲ 6.8%
Working capital€461,687▲ 41.7%€499,505▲ 8.2%€1.9m▲ 278%€1.7m▼ 8.0%€1.5m▼ 11.7%
Solvency49.2%within the sector's middle half▲ 10.7pp57.8%within the sector's middle half▲ 8.7pp76.2%above the sector's middle half▲ 18.4pp75.6%above the sector's middle half▼ 0.6pp72.8%above the sector's middle half▼ 2.9pp
Staff (FTE)6.3within the sector's middle half▲ 3.3%4.4within the sector's middle half▼ 30.2%2within the sector's middle half▼ 54.5%0▼ 100%
above
within
below
the middle half (P25 to P75) of NACE 13, Manufacture of textiles, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2024 Net result -90% on 2023. The accounts now follow the micro schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €50,823 after €143,370 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.5m
Fixed assets
€715,453 ▼ 7.4%
Current assets
€1.8m ▼ 8.1%
Equity and liabilities €2.5m
Equity
€1.8m ▼ 11.4%
Provisions
€344,498 ▼ 0.6%
Debt
€333,793 ▲ 6.8%
Debt's share of the balance-sheet total rises from 11.5% to 13.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€24,904▼
2024 · €244,646
Cash flow
€35,393▼
2024 · €214,627
Current ratio
7.42▼
2024 · 9.99
Debt to equity
0.18▲
2024 · 0.15
ROE
-2.2%▼
2024 · 5.5%
ROA
-1.6%▼
2024 · 4.2%
Interest coverage
10.23▼
2024 · 61.17
Debt ≤ 1 year
€239,139▲
2024 · €193,459
Debt > 1 year
€90,060▼
2024 · €113,820
Income taxes
€342▼
2024 · €17,699
Staff costs
€0▲
2024 · -€262
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,594 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.2%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 8,594 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €26,169 | - | €1.3m | €100,000 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | €274,600 | €196,571 | €103,244 | -€262 | €0 | ▲ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €54,630 | €64,077 | €62,756 | €101,276 | €75,727 | ▼ 25.2% |
| Other operating charges640/8 | €10,000 | €9,940 | €11,376 | €6,977 | €10,086 | ▲ 44.6% |
| Non-recurring operating charges66A | €498 | €1,685 | - | - | - | - |
| Gross operating margin9900 | €655,778 | €576,603 | €1.7m | €251,361 | €34,990 | ▼ 86.1% |
| Operating profit (loss)9901 | €316,050 | €304,330 | €1.6m | €143,370 | -€50,823 | ▼ 135% |
| Financial income75/76B | €7,344 | €5,856 | €6,087 | €15,266 | €11,169 | ▼ 26.8% |
| Recurring financial income75 | €7,344 | €5,856 | €6,087 | €15,266 | €11,169 | ▼ 26.8% |
| Financial charges65/66B | €9,841 | €8,190 | €5,398 | €3,999 | €2,434 | ▼ 39.1% |
| Recurring financial charges65 | €9,841 | €8,190 | €5,398 | €3,999 | €2,434 | ▼ 39.1% |
| Profit (loss) for the period before taxes9903 | €313,553 | €301,997 | €1.6m | €154,637 | -€42,087 | ▼ 127% |
| Transfer from deferred taxes780 | - | - | €463 | €1,413 | €2,095 | ▲ 48.3% |
| Transfer to deferred taxes680 | - | - | €323,470 | €25,000 | €0 | ▼ 100% |
| Income taxes67/77 | €97,365 | €91,093 | €80,151 | €17,699 | €342 | ▼ 98.1% |
| Profit (loss) for the period9904 | €216,188 | €210,903 | €1.1m | €113,351 | -€40,334 | ▼ 136% |
| Transfer from tax-exempt reserves789 | €56,250 | - | €1,389 | €4,239 | €6,286 | ▲ 48.3% |
| Transfer to tax-exempt reserves689 | - | - | €970,409 | €75,000 | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €272,438 | €210,903 | €179,395 | €42,591 | -€34,048 | ▼ 180% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.6m | €1.6m | €2.7m | €2.7m | €2.5m | ▼ 7.9% |
| Fixed assets21/28 | €628,916 | €659,720 | €632,268 | €772,551 | €715,453 | ▼ 7.4% |
| Tangible fixed assets22/27 | €628,599 | €659,403 | €631,951 | €772,234 | €715,136 | ▼ 7.4% |
| Land and buildings22 | €600,115 | €641,779 | €625,512 | €763,460 | €705,612 | ▼ 7.6% |
| Plant, machinery and equipment23 | €10,611 | €8,090 | €3,681 | €1,917 | €263 | ▼ 86.3% |
| Furniture and vehicles24 | €9,145 | €5,169 | €2,759 | €6,857 | €9,261 | ▲ 35.1% |
| Leasing and similar rights25 | €8,728 | €4,364 | - | - | - | - |
| Financial fixed assets28 | €317 | €317 | €317 | €317 | €317 | = |
| Current assets29/58 | €934,631 | €947,791 | €2.1m | €1.9m | €1.8m | ▼ 8.1% |
| Stocks and contracts in progress3 | €153,208 | €77,686 | - | - | - | - |
| Stocks30/36 | €153,208 | €77,686 | - | - | - | - |
| Amounts receivable within one year40/41 | €89,203 | €149,807 | €49,531 | €44,663 | €14,372 | ▼ 67.8% |
| Trade receivables40 | €89,203 | €149,807 | €49,531 | €28,143 | €11,296 | ▼ 59.9% |
| Other amounts receivable41 | - | - | - | €16,520 | €3,076 | ▼ 81.4% |
| Cash at bank and in hand54/58 | €686,523 | €712,658 | €2.0m | €1.9m | €1.8m | ▼ 6.7% |
| Deferred charges and accrued income490/1 | €5,698 | €7,641 | €1,811 | €4,814 | €4,599 | ▼ 4.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.6m | €1.6m | €2.7m | €2.7m | €2.5m | ▼ 7.9% |
| Equity10/15 | €768,518 | €929,698 | €2.1m | €2.0m | €1.8m | ▼ 11.4% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €749,918 | €911,098 | €2.0m | €2.0m | €1.8m | ▼ 11.5% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Tax-exempt reserves132 | - | - | €969,020 | €1.0m | €1.0m | ▼ 0.6% |
| Distributable reserves133 | €748,058 | €909,238 | €1.1m | €987,889 | €760,348 | ▼ 23.0% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Provisions and deferred taxes16 | - | - | €323,007 | €346,593 | €344,498 | ▼ 0.6% |
| Deferred taxes168 | - | - | €323,007 | €346,593 | €344,498 | ▼ 0.6% |
| Amounts payable17/49 | €795,029 | €677,814 | €319,343 | €312,453 | €333,793 | ▲ 6.8% |
| Amounts payable after more than one year17 | €319,999 | €228,509 | €137,245 | €113,820 | €90,060 | ▼ 20.9% |
| Financial debts170/4 | €319,999 | €228,509 | €137,245 | €113,820 | €90,060 | ▼ 20.9% |
| Amounts payable within one year42/48 | €472,944 | €448,286 | €180,948 | €193,459 | €239,139 | ▲ 23.6% |
| Current portion of amounts payable after more than one year42 | €93,561 | €91,491 | €91,264 | €23,425 | €23,760 | ▲ 1.4% |
| Trade debts44 | €74,520 | €62,601 | €31,699 | €8,498 | €20,281 | ▲ 139% |
| Suppliers440/4 | €74,520 | €62,601 | €31,699 | €8,498 | €20,281 | ▲ 139% |
| Advances received on contracts in progress46 | €137,507 | €121,590 | - | - | - | - |
| Taxes, remuneration and social security45 | €112,325 | €111,236 | €39,857 | €31,939 | €803 | ▼ 97.5% |
| Taxes450/3 | €90,783 | €100,102 | €33,082 | €31,939 | €803 | ▼ 97.5% |
| Remuneration and social security454/9 | €21,542 | €11,134 | €6,775 | €0 | - | - |
| Other amounts payable47/48 | €55,032 | €61,369 | €18,128 | €129,596 | €194,296 | ▲ 49.9% |
| Accrued charges and deferred income492/3 | €2,085 | €1,019 | €1,150 | €5,174 | €4,594 | ▼ 11.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €216,188 | €210,903 | €1.1m | €113,351 | -€40,334 | ▼ 136% |
| + Depreciation and write-downs630 | €54,630 | €64,077 | €62,756 | €101,276 | €75,727 | ▼ 25.2% |
| Operating cash flow (approximation) | €270,818 | €274,981 | €1.2m | €214,627 | €35,393 | ▼ 83.5% |
| Investment in fixed assets (approximation) | - | -€94,881 | -€35,304 | -€241,559 | -€18,629 | ▲ 92.3% |
| Change in cash | - | €26,135 | €1.3m | -€136,889 | -€126,979 | ▲ 7.2% |
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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€40,334
Net result drops to -€40,334, the lowest in the series.
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €1.1m ▲445%
Operating result €1.6m, net result €1.1m, both a record.
31-12
Financial
Liquidity times 5current ratio 11.45
Current ratio from 2.11 to 11.45; short-term debt falls from €448,286 to €180,948.
31-12
Financial
Equity above €2mEq €2.1m ▲122%
6 profitable years in a row build equity to €2.1m.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
03-07
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.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Herentals · 2 establishment units since 2002
Ground area
732 m²
Building footprint
375 m²
Volume, LiDAR
3,930 m³
2 parcels, Flanders · tallest building 21.2 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
Zandstraat(HRT) 30, 2200 Herentals
since 20022.115.347.195
STORE
since 20022.115.347.096
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13011F0255/00R000 | Flanders | 463 m² | 1 · 196 m² | 21.2 m · 2 fl. |
| 24502C0296/00S010 | Flanders | 269 m² | 1 · 179 m² | 18.0 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 226 companies in sector 13921 we hold annual accounts for 67. 35 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-09-2002
Fiscal year end31-12
Activities, NACEBEL 2025
13921Manufacture of textiles
13929Manufacture of textiles
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0478261369
Also
9925:BE0478261369
Registered
16-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.