TWAALF

Active Risk: not assessed

Private limited companyfounded 2014active for 12 yearsJulius Sabbelaan 18, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 0550.883.685

Summary

TWAALF has a registered holding activity and consists mainly of financial fixed assets. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €283,199 and a net result of -€10,644. Equity has been shrinking by about 4% per year since 2018. Its solvency ranks better than 87% of 17,149 sector peers (NACE 68, financial year 2025). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.

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Official details

Source: KBO

Status: Active since 24-04-2014 Normal situation
Activity: Buying and selling of own real estate NACE 68110and 2 others
Establishment unit: 2.232.114.411 8300 Knokke-Heist, since 24-04-2014
Financial year end: 31 December
Peppol: Reachable since 06-03-2025

Company details

Board and ownership

Board

Chloé VAN GELEDirector · since 23-04-2014
Ubbe DESCAMPSDirector · since 23-04-2014

Holdings: Shares in 1 company FORCOLA

Board & ownership

Financial position

Holding: outside the score modelBankruptcy probability: sector outside the model

Annual accounts 2025

Gross margin: -€18,867; ▼ 91.6%
Loss: €10,644; ▲ 595%
Equity: €283,199; ▼ 3.6%
Total assets: €347,232; ▼ 12.2%

2025 accounts filed 31 days after the deadline

Turnover not published (abbreviated or micro format)

Financials

Signalsraises risk2025 accounts filed 31 days lateShow the evidence

Checked score

Outside the general model

Holding: general score not applicable

The company has a registered holding activity. Financial fixed assets make up more than half of its assets. The general model for operating companies does not fit such a balance sheet, so there is no score and no financial strength.

Bankruptcy probability within 12 months

The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.

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Signals

1 signal.

raises risk

2025 accounts filed 31 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

31 days late

2024

26 days late

2023

28 days late

2022

31 days late

2021

31 days late

2020

30 days late

2019

28 days late

← 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 29 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)

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 31 August (5 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

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Key points

Positive: Higher solvency than 86% of companies in real estatesector median 29.0% · 17,149 companies 81.6% View
Caution: 2 loss-making years in a rowloss in financial year 2025 -€10,644 View

Recent changes

25-07-2023 · Gazette deed Reappointments: Ubbe DESCAMPS (director) and Chloé VAN GELE (director)Director discharge: Ubbe DESCAMPS · Director discharge: Chloé VAN GELE
28-04-2014 · Gazette deed Incorporation

All 16 events

Comparable companies

These companies have the same main activity as TWAALF: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €306,000 and €387,000, founded between 2014 and 2015.

Company	Total assets	Gross margin
TWAALF Knokke-Heist	€347,232	-€18,867
SCHOUKENS PROJECT Opwijk	€331,198	-€4,432
Gabriel & Jack Vastgoed Antwerpen	€345,688	-€949
AR Creaties Wetteren	€387,483	-€65,333
PLAXIM Tournai	€341,400	-€52,407
VESALIUS CONSTRUCT Brussel	€305,591	-€3,811
UNION B Antwerpen	€329,767	-€1,232

Full comparison

Key facts about TWAALF

What is the company number of TWAALF?: The company number of TWAALF is 0550.883.685. The VAT number is the same number with BE in front: BE 0550.883.685.
Where is TWAALF based?: The registered office is at Julius Sabbelaan 18, 8300 Knokke-Heist.Company details
What does TWAALF do?: According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
What is the legal form of TWAALF?: The legal form of TWAALF is Private limited company (BV).
When was TWAALF founded?: TWAALF was founded on 24-04-2014.
Is TWAALF still active?: Yes, TWAALF is an active enterprise in the KBO register.
What is the turnover of TWAALF?: The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
Is TWAALF profitable?: In financial year 2025, TWAALF made a loss of €10,644.
Where can I find the annual accounts of TWAALF?: TWAALF filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TWAALF due?: TWAALF must file the annual accounts for financial year 2026 by 31-07-2027.Timeline