TWARRES
ActiveSummary
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. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 39,121 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- One provision in the deed
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, 2960 Brecht,Campinaweg 9” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- The sole director
- Board ruleHow the board is made up, meets and takes decisions.
- “Enige bestuurder oefent geheel van bestuursbevoegdheden uit, bestuur” (deed in Dutch)“1, gewone bestuurders” (deed in Dutch)
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Na aanzuivering schulden,lasten,kosten of consignatie nodige gelden verdelen vereffenaars netto-actief in geld of effecten onder…” (deed in Dutch)