Twaalfde Man

Active

Private limited companyfounded 20215 yrs activeFilip Williotstraat 21/102, 2600 Antwerpen, BelgiumKBO/BCE: BE 0769.416.569

Twaalfde Man has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €57k and a net result of €55k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 3452 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

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Checked score

Score 2025

76 / 100

Excellent= vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency40▲+13

Growth78=

Stability94

Bankruptcy probability, 12 months

0.7% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €5k at 30 days acceptable

Liquidity tight (current ratio 1.31 against 1.07 in 2024), and 76.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 59

Relative position

BE, all sectors

reference

Sector 59

lower

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

23.2%

Return on assets

22.3%

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

7 d early

2024

18 d late

2023

30 d late

2022

12 d early

2021

9 d early

← before the deadline after the deadline →

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 months

Position in the running window

16-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€57k▲ 122%

2024 · €26k

2021: €4k 2022: €7k 2023: €-9k 2024: €26k

2021 → 2025

Total assets

€245k▲ 96.1%

2024 · €125k

2021: €39k 2022: €31k 2023: €40k 2024: €125k

2021 → 2025

Net result

€55k▲ 18.4%

2024 · €46k

2021: €-3k 2022: €2k 2023: €-15k 2024: €46k

2021 → 2025

Working capital

€48k▲ 572%

2024 · €7k

2021: €2k 2022: €2k 2023: €-16k 2024: €7k

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€4k-€7k▲ 49.8%€-9k€26k€57k▲ 122%

Operating result€-2k-€4k€-14k€64k€74k▲ 15.6%

Net result€-3k-€2k€-15k€46k€55k▲ 18.4%

Turnover and EBIT margin not published: the micro 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 16% above 2024 and is the highest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €245k

17.7%

82.3%

Fixed assets €44k▲ 136%

Current assets €202k▲ 89.2%

Equity and liabilities €245k

23.2%

76.8%

Equity €57k▲ 122%

Debt €189k▲ 89.5%

The debt ratio falls from 79.5% to 76.8%: equity grows faster than debt.

Key figures and ratios

2025 value · change against 2024

EBITDA

€84k▲

2024 · €68k

Cash flow

€65k▲

2024 · €50k

Solvency

23.2%▲

2024 · 20.5%

Current ratio

1.31▲

2024 · 1.07

Quick ratio

1.31▲

2024 · 1.07

Debt / equity

3.32▼

2024 · 3.88

ROE

96.3%▼

2024 · 180.1%

ROA

22.3%▼

2024 · 36.9%

Interest coverage

38.67▼

2024 · 53.82

Debt

€189k▲

2024 · €100k

Debt ≤ 1 year

€154k▲

2024 · €100k

Debt > 1 year

€35k▲

2024 · €0

Income taxes

€17k▲

2024 · €16k

Staff costs

€200k▲

2024 · €139k

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€125k€245k▲

Fixed assets21/28€18k€44k▲

Intangible fixed assets21-€16k

Tangible fixed assets22/27€10k€19k▲

Plant, machinery and equipment23€8k€4k▼

Furniture and vehicles24€2k€15k▲

Financial fixed assets28€8k€8k=

Current assets29/58€107k€202k▲

Amounts receivable within one year40/41€89k€197k▲

Trade receivables40€79k€194k▲

Other amounts receivable41€10k€3k▼

Cash at bank and in hand54/58€9k€94▼

Deferred charges and accrued income490/1€8k€5k▼

Equity and liabilities

Total equity and liabilities10/49€125k€245k▲

Equity10/15€26k€57k▲

Contributions10/11€8k€8k=

Profit (loss) carried forward14€18k€49k▲

Amounts payable17/49€100k€189k▲

Amounts payable after more than one year17€0€35k▲

Financial debts170/4€0€35k▲

Amounts payable within one year42/48€100k€154k▲

Current portion of amounts payable after more than one year42€17k€0▼

Financial debts43€5k€18k▲

Credit institutions430/8€5k€18k▲

Trade debts44€22k€31k▲

Suppliers440/4€22k€31k▲

Taxes, remuneration and social security45€43k€77k▲

Taxes450/3€12k€36k▲

Remuneration and social security454/9€30k€41k▲

Other amounts payable47/48€12k€28k▲

Income statement Code20242025

Remuneration, social security and pensions62€139k€200k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€10k▲

Other operating charges640/8€2k€459▼

Non-recurring operating charges66A€127€0▼

Gross operating margin9900€209k€285k▲

Operating profit (loss)9901€64k€74k▲

Financial income75/76B€40€198▲

Recurring financial income75€40€198▲

Financial charges65/66B€1k€2k▲

Recurring financial charges65€1k€2k▲

Profit (loss) for the period before taxes9903€63k€72k▲

Income taxes67/77€16k€17k▲

Profit (loss) for the period9904€46k€55k▲

Profit (loss) for the period to be appropriated9905€46k€55k▲

Appropriation of the result

Profit (loss) to be appropriated9906€30k€73k▲

Profit (loss) brought forward from the previous period14P€-16k€18k▲

Profit to be distributed694/7€12k€24k▲

Return on contributions (dividend)694€12k€24k▲

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 9Financial 4Filings 5

Next filing, fiscal year 2026, expected by 31-07-2027

2026

24-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Highest result since 2021net €55k ▲18.4%

Operating result €74k, net result €55k, both a record.

18-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 18 days late

2024

31-12

Financial Back to profitnet €46k

Net result €46k after one loss-making year.

30-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 30 days late

2023

31-12

Financial Weakest financial yearnet €-15k ▼805%

Net result drops to €-15k, the lowest in the series; recovery starts the following year.

19-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Back to profitnet €2k

Net result €2k after one loss-making year.

22-07

NBB filing Annual accounts filed

fiscal year 2021 · 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, Antwerpen · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Filip Williotstraat 21/1022600 Antwerpen

Ground area

5,548 m²

Building footprint

1,340 m²

Volume, LiDAR

17,325 m³

2 parcels, Flanders · tallest building 19.4 m, ±6 floors. Linked by address, not a title deed.

1 establishment unit

Twaalfde Man

Ankerrui 12, 2000 AntwerpenVideo and film production, excluding cinema and television films

since 20212.318.341.273

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11003A0275/00G000	Flanders	5,346 m²	1 · 1,138 m²	16.0 m · 4 fl.
11802B0202/00W002	Flanders	202 m²	1 · 202 m²	19.4 m · 6 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2023 to 2024 · 3 entries · 2,384 EUR awarded · 2,879 EUR paid

Year	Entries	awarded	paid
2024	2	2,000 EUR	2,495 EUR
2023	1	384 EUR	384 EUR

Schemes

Hinderpremie bij openbare werken

1 entry · 2,000 EUR · 2,000 EUR paid · Fonds voor Innoveren en Ondernemen

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

2 entries · 384 EUR · 879 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Heusden-Zolder · Eq €57k

Of 2,570 companies in sector 59113 we hold annual accounts for 701. 558 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded07-06-2021

Fiscal year end31-12

Activities, NACEBEL

59113Video and film production, excluding cinema and television films

74201Photography, excluding press photography

70210Activities of head offices; management consultancy activities

73110Advertising agencies

73300Public relations and communication consultancy

74103Other professional, scientific and technical activities

74120Graphic design and visual communication

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.