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TWARRES

Active
Public limited companyfounded 2001active for 25 yearsCampinaweg 9, 2960 Brecht, BelgiumKBO/BCE: BE 0474.132.832
Summary

TWARRES has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8,574 and a net result of -€560. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 17% of 39,242 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 21-02-2001 Normal situation
Activity
Business and other management consultancy NACE 70200
Establishment unit
2.116.596.022 2960 Brecht, since 25-09-2001
Financial year end
30 June
Peppol
Not found in the Peppol Directory

Board and ownership

Financial position

87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 30-06-2025
Gross margin
€9,510
▼ 31.8%
Turnover
≈ €44,000
estimated
Loss
€560
Equity
€8,574
▼ 6.1%
Total assets
€76,471
▼ 11.3%
  • 2025 accounts filed 24 days after the deadline
Filed on 24-02-2026
Score breakdownraises riskEquity €8,574 (11.2% of total assets)lowers riskSize: total assets €76,471Sector: Activities of head offices; management consultancy activities (NACE 70)Legal form: public limited companyShow the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 22% of micro companies in head offices and management consultancy (NACE 70)
Financial strength · tick: 2024
Weak
Solvency 36=
equity 11.2% of total assets
Liquidity 18+3
short-term debt 71.5% · cash 5.1%
Profitability 68-5
return on assets -0.7%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (48,528 companies, NACE 70, micro)
Last 24 months 12-2024: 0.1%lowest value 01-2025: 0.2%▲ +0.1 percentage points vs 12-2024 02-2025: 0.3%▲ +0.1 percentage points vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.4%▲ +0.1 percentage points vs 12-2025 02-2026: 0.6%▲ +0.2 percentage points vs 01-2026highest value 03-2026: 0.2%▼ -0.4 percentage points vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.1%▼ -0.1 percentage points 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: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.28 (0.31 in 2024), below 1. Short-term debt is 71.5% and cash 5.1% of total assets. 88.8% 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 70, micro). It does better than 18% of them on solvency, 8% on liquidity, 31% on profitability and 31% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €76,471
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · Equity €8,574 (11.2% of total assets)
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 39242 sector peers (2025).
NBB · sector comparison
Position among 39242 sector peers
Solvency
better than 17%
← weakest strongest →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 24-02-2026, 24 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
24 days late
2024
on the day
2023
49 days early
2022
1 day early
2021
8 days late
2020
54 days early
2019
21 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 13 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 31 January (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
30-06-2026 year end01-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Less equity than 84% of companies in head offices and management consultancysector median €78,218 · 39,274 companies €8,574 View

Recent changes

  1. · Gazette deed Reappointment: Van Looveren, Agnes Francine (gewone bestuurder)Resignation: Van Looveren, Agnes Francine (director)
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as TWARRES: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €65,000 and €84,100, founded between 1999 and 2003.

CompanyTotal assetsGross margin
TWARRES Brecht€76,471€9,510
H.SEYS Ledegem€79,973€9,789
MM LINK Gerpinnes€76,071€9,372
VAN BOGAERT - VONCK Waasmunster€68,654€9,165
DEMGES Elsene€84,094€9,431
Inforstat JLM Haacht€75,504€8,495
GLOBAL ASSET MANAGEMENT COMPANY Hasselt€64,975€9,967
Full comparison

Key facts about TWARRES

What is the company number of TWARRES?
The company number of TWARRES is 0474.132.832. The VAT number is the same number with BE in front: BE 0474.132.832.
Where is TWARRES based?
The registered office is at Campinaweg 9, 2960 Brecht.Company details
What does TWARRES do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of TWARRES?
The legal form of TWARRES is Public limited company (NV).
When was TWARRES founded?
TWARRES was founded on 21-02-2001.
Is TWARRES still active?
Yes, TWARRES is an active enterprise in the KBO register.
What is the turnover of TWARRES?
The turnover in financial year 2025 is ≈ €44,000. This figure is estimated from the gross margin of €9,510 and 205 comparable companies (NACE 70200). It probably lies between €20,000 and €89,000. It is a rough estimate.Financials
Is TWARRES profitable?
In financial year 2025, TWARRES made a loss of €560.
Where can I find the annual accounts of TWARRES?
TWARRES filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TWARRES due?
TWARRES must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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