TWA-CONSULT
ActiveTWA-CONSULT has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.62M and a net result of €71k. Equity is growing by ~24.6% per year across the filed fiscal years. Its solvency ranks better than 81% of 8657 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability55▲+10
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €200k at 30 days acceptable
Liquidity ample (current ratio 18.32 against 20.82 in 2024; short-term debt: 3.3% and cash: 9.2% of total assets), and 14.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
85.5%
Return on assets
2.3%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 14-01-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
on the day
2023
1 d early
2022
27 d early
2021
28 d early
2020
26 d early
2019
3 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 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.62M▼ 0.3%
2024 · €2.62M
2019: €802k
2020: €1.09M
2021: €1.31M
2022: €2.55M
2023: €2.57M
2024: €2.62M
2019 → 2025
Total assets
€3.06M▲ 4.7%
2024 · €2.92M
2019: €1.41M
2020: €1.70M
2021: €1.85M
2022: €3.10M
2023: €2.72M
2024: €2.92M
2019 → 2025
Net result
€71k▲ 24.3%
2024 · €57k
2019: €78k
2020: €285k
2021: €224k
2022: €1.24M
2023: €14k
2024: €57k
2019 → 2025
Working capital
€1.73M▼ 6.5%
2024 · €1.85M
2019: €493k
2020: €739k
2021: €709k
2022: €1.74M
2023: €1.51M
2024: €1.85M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.31M-€2.55M▲ 94.6%€2.57M▲ 0.5%€2.62M▲ 2.2%€2.62M▼ 0.3%
Operating result€91k-€-3k€-7k▼ 161%€20k€30k▲ 47.3%
Net result€224k-€1.24M▲ 453%€14k▼ 98.9%€57k▲ 325%€71k▲ 24.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 47% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.06M
Fixed assets
€1.23M▲ 25.6%
Current assets
€1.83M▼ 5.8%
Equity and liabilities €3.06M
Equity
€2.62M▼ 0.3%
Debt
€444k▲ 48.3%
The debt ratio rises from 10.2% to 14.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€60k▲
2024 · €55k
Cash flow
€101k▲
2024 · €92k
Solvency
85.5%▼
2024 · 89.8%
Current ratio
18.32▼
2024 · 20.82
Quick ratio
18.32▼
2024 · 20.82
Debt / equity
0.17▲
2024 · 0.11
ROE
2.7%▲
2024 · 2.2%
ROA
2.3%▲
2024 · 2.0%
Interest coverage
4.00▲
2024 · 2.90
Debt
€444k▲
2024 · €299k
Debt ≤ 1 year
€100k▲
2024 · €93k
Debt > 1 year
€330k▲
2024 · €49k
Income taxes
€24k▲
2024 · €23k
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€2.92M€3.06M▲
Fixed assets21/28€980k€1.23M▲
Tangible fixed assets22/27€842k€1.09M▲
Land and buildings22€591k€567k▼
Plant, machinery and equipment23€3k€3k▼
Furniture and vehicles24€21k€16k▼
Assets under construction and advance payments27€227k€507k▲
Financial fixed assets28€137k€137k=
Current assets29/58€1.94M€1.83M▼
Amounts receivable after more than one year29€520k€520k=
Other amounts receivable291€520k€520k=
Stocks and contracts in progress3€1€1=
Stocks30/36€1€1=
Amounts receivable within one year40/41€330k€190k▼
Trade receivables40€16k€65k▲
Other amounts receivable41€314k€125k▼
Current investments50/53€922k€821k▼
Cash at bank and in hand54/58€141k€281k▲
Deferred charges and accrued income490/1€29k€16k▼
Equity and liabilities
Total equity and liabilities10/49€2.92M€3.06M▲
Equity10/15€2.62M€2.62M▼
Contributions10/11€50k€50k=
Reserves13€1.04M€2.57M▲
Distributable reserves133€1.04M€2.57M▲
Profit (loss) carried forward14€1.53M€0▼
Amounts payable17/49€299k€444k▲
Amounts payable after more than one year17€49k€330k▲
Financial debts170/4€49k€330k▲
Amounts payable within one year42/48€93k€100k▲
Current portion of amounts payable after more than one year42€19k€19k=
Trade debts44€52k€41k▼
Suppliers440/4€52k€41k▼
Taxes, remuneration and social security45€20k€21k▲
Taxes450/3€20k€21k▲
Other amounts payable47/48€2k€19k▲
Accrued charges and deferred income492/3€157k€14k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€30k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€45k€0▼
Other operating charges640/8€4k€5k▲
Gross operating margin9900€103k€65k▼
Operating profit (loss)9901€20k€30k▲
Financial income75/76B€79k€81k▲
Recurring financial income75€79k€81k▲
Financial charges65/66B€19k€15k▼
Recurring financial charges65€19k€15k▼
Profit (loss) for the period before taxes9903€80k€96k▲
Income taxes67/77€23k€24k▲
Profit (loss) for the period9904€57k€71k▲
Profit (loss) for the period to be appropriated9905€57k€71k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.59M€1.61M▲
Profit (loss) brought forward from the previous period14P€1.53M€1.53M=
Transfer from equity791/2-€78k
Transfer to equity691/2€57k€1.61M▲
To other reserves6921€57k€1.61M▲
Profit to be distributed694/7-€78k
Return on contributions (dividend)694-€78k
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (16 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
14-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Weakest financial yearnet €14k ▼98.9%
Net result drops to €14k, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity triplescurrent ratio 19.13
Current ratio from 6.38 to 19.13; short-term debt falls from €323k to €83k.
04-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Highest result since 2019net €1.24M ▲453%
Net result €1.24M, the highest in the series.
30-06
Financial
Equity above €2MEq €2.55M ▲94.6%
4 profitable years in a row build equity to €2.55M.
03-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
05-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Equity above €1MEq €1.09M ▲35.5%
2 profitable years in a row build equity to €1.09M.
28-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-01
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.
Directors · office · real estate
Directors
7 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, Gent · 1 establishment unit since 2005
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.
Raapstraat 579031 GentGround area
1,239 m²
Building footprint
308 m²
Parcel 44017D0558/00C000, Flanders. Linked by address, not a title deed.
1 establishment unit
TWA-CONSULT
since 20052.144.632.881
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44017D0558/00C000 | Flanders | 1,239 m² | 1 · 308 m² | - |
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.
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 17,187 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-12-2004
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.