TWARRES
ActiveTWARRES has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9k and a net result of €-560. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 31545 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
20
/ 100
Critical▼ -23 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency7=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.28 against 0.31 in 2024), and 88.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
11.2%
Return on assets
-0.7%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 31545 sector peers (2025).
NBB · sector comparisonPosition among 31545 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: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
on the day
2023
49 d early
2022
1 d early
2021
8 d late
2020
54 d early
2019
21 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 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€9k▼ 6.1%
2024 · €9k
2019: €-26k
2020: €10k
2021: €-18k
2022: €-5k
2023: €6k
2024: €9k
2019 → 2025
Total assets
€76k▼ 11.3%
2024 · €86k
2019: €94k
2020: €114k
2021: €44k
2022: €46k
2023: €85k
2024: €86k
2019 → 2025
Net result
€-560
2024 · €3k
2019: €29k
2020: €35k
2021: €-28k
2022: €13k
2023: €11k
2024: €3k
2019 → 2025
Working capital
€-40k▲ 0.6%
2024 · €-40k
2019: €-70k
2020: €-42k
2021: €-59k
2022: €-47k
2023: €-44k
2024: €-40k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-18k-€-5k▲ 69.7%€6k€9k▲ 51.8%€9k▼ 6.1%
Operating result€-26k-€13k€12k▼ 8.0%€5k▼ 60.8%€770▼ 83.6%
Net result€-28k-€13k€11k▼ 8.5%€3k▼ 72.8%€-560
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 84% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €76k
Fixed assets
€61k▼ 10.5%
Current assets
€15k▼ 14.3%
Equity and liabilities €76k
Equity
€9k▼ 6.1%
Debt
€68k▼ 11.9%
The debt ratio falls from 89.4% to 88.8%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€8k▼
2024 · €12k
Cash flow
€7k▼
2024 · €10k
Solvency
11.2%▲
2024 · 10.6%
Current ratio
0.28▼
2024 · 0.31
Quick ratio
0.28▼
2024 · 0.31
Debt / equity
7.92▼
2024 · 8.44
ROE
-6.5%▼
2024 · 34.1%
ROA
-0.7%▼
2024 · 3.6%
Interest coverage
6.73▼
2024 · 8.32
Debt
€68k▼
2024 · €77k
Debt ≤ 1 year
€55k▼
2024 · €57k
Debt > 1 year
€13k▼
2024 · €20k
Income taxes
€141▲
2024 · €134
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€86k€76k▼
Fixed assets21/28€69k€61k▼
Tangible fixed assets22/27€68k€61k▼
Land and buildings22€41k€41k▼
Furniture and vehicles24€27k€20k▼
Financial fixed assets28€50€50=
Current assets29/58€18k€15k▼
Amounts receivable within one year40/41€16k€9k▼
Trade receivables40€16k€9k▼
Other amounts receivable41-€277
Cash at bank and in hand54/58€155€4k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€86k€76k▼
Equity10/15€9k€9k▼
Contributions10/11€63k€63k=
Capital10€63k€63k=
Issued capital100€63k€63k=
Profit (loss) carried forward14€-53k€-54k▼
Amounts payable17/49€77k€68k▼
Amounts payable after more than one year17€20k€13k▼
Financial debts170/4€20k€13k▼
Amounts payable within one year42/48€57k€55k▼
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€13k€15k▲
Suppliers440/4€13k€15k▲
Taxes, remuneration and social security45€14k€12k▼
Taxes450/3€4k€2k▼
Remuneration and social security454/9€10k€10k▲
Other amounts payable47/48€25k€21k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k=
Other operating charges640/8€2k€2k▼
Gross operating margin9900€14k€10k▼
Operating profit (loss)9901€5k€770▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€3k€-418▼
Income taxes67/77€134€141▲
Profit (loss) for the period9904€3k€-560▼
Profit (loss) for the period to be appropriated9905€3k€-560▼
Appropriation of the result
Profit (loss) to be appropriated9906€-53k€-54k▼
Profit (loss) brought forward from the previous period14P€-56k€-53k▲
The notes to these accounts (5 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
24-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
13-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
08-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
30-06
Financial
Weakest financial yearnet €-28k ▼179%
Net result drops to €-28k, the lowest in the series; recovery starts the following year.
2020
08-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Highest result since 2019net €35k ▲22.4%
Operating result €38k, net result €35k, both a record.
10-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
19-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
01-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 1 day late
2017
20-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 20 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Brecht · 1 establishment unit since 2001
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.
Campinaweg 92960 BrechtGround area
721 m²
Building footprint
155 m²
Volume, LiDAR
806 m³
Parcel 11042A0125/00P003, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Campinaweg 9, 2960 Brecht
since 20012.116.596.022
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11042A0125/00P003 | Flanders | 721 m² | 1 · 155 m² | 7.3 m · 2 fl. |
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.
Similar companies · same sector, comparable size
PREVENTEAM
BE 0669.871.508
Watermaal-Bosvoorde · Eq €9k
La Chrysalide Consulting
BE 0837.080.009
Nivelles · Eq €9k
Bloom
BE 0873.870.228
Tongeren-Borgloon · Eq €9k
CHRYSALIDE
BE 0534.687.457
Saint-Ghislain · Eq €9k
Lightning Business Inside Consulting
BE 0778.570.894
Neupré · Eq €9k
Of 82,241 companies in sector 70200 we hold annual accounts for 52,391. 21,163 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded21-02-2001
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.