TWEE
ActiveSummary
TWEE has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €120,256 and a net result of €31,797. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 78% of 18537 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability91▲+9
Solvency93▼-7
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 2.69 against 4.29 in 2024; short-term debt: 27.5% and cash: 17.6% of total assets), and 31.7% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
68.3%
Return on assets
18.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
21 d late
2024
on the day
2023
16 d late
2022
28 d late
2021
2 d early
2020
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 10 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · 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 monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€120,256▲ 4.2%
2024 · €115,458
Total assets
€176,128▲ 21.1%
2024 · €145,495
Net result
€31,797▲ 107%
2024 · €15,395
Working capital
€81,854▲ 5.2%
2024 · €77,777
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€23,695▼ 21.1%€11,661▼ 50.8%€6,054▼ 48.1%€21,566▲ 256%€39,241▲ 82.0%
Net result€18,422▼ 36.9%€8,840▼ 52.0%€3,619▼ 59.1%€15,395▲ 325%€31,797▲ 107%
Equity€87,604▲ 26.6%€96,444▲ 10.1%€100,063▲ 3.8%€115,458▲ 15.4%€120,256▲ 4.2%
Total assets€137,956▲ 6.6%€131,579▼ 4.6%€128,914▼ 2.0%€145,495▲ 12.9%€176,128▲ 21.1%
Debt€50,352▼ 16.5%€35,135▼ 30.2%€28,851▼ 17.9%€30,037▲ 4.1%€55,873▲ 86.0%
Working capital€35,079▲ 165%€48,216▲ 37.4%€56,581▲ 17.4%€77,777▲ 37.5%€81,854▲ 5.2%
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 82% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €176,128
Fixed assets
€45,761 ▲ 3.9%
Current assets
€130,367 ▲ 28.5%
Equity and liabilities €176,128
Equity
€120,256 ▲ 4.2%
Debt
€55,873 ▲ 86.0%
Debt's share of the balance-sheet total rises from 20.6% to 31.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€47,204▲
2024 · €28,900
Cash flow
€39,760▲
2024 · €22,730
Current ratio
2.69▼
2024 · 4.29
Quick ratio
0.66▼
2024 · 1.40
Debt to equity
0.46▲
2024 · 0.26
ROE
26.4%▲
2024 · 13.3%
ROA
18.1%▲
2024 · 10.6%
Interest coverage
77.62▼
2024 · 108.68
Debt ≤ 1 year
€48,513▲
2024 · €23,670
Debt > 1 year
€2,415▼
2024 · €5,013
Income taxes
€6,836▲
2024 · €5,904
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,964 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,152 | €7,285 | €7,307 | €7,335 | €7,963 | ▲ 8.6% |
| Other operating charges640/8 | €361 | €735 | €919 | €859 | €814 | ▼ 5.3% |
| Gross operating margin9900 | €31,208 | €19,680 | €14,280 | €29,760 | €48,018 | ▲ 61.4% |
| Operating profit (loss)9901 | €23,695 | €11,661 | €6,054 | €21,566 | €39,241 | ▲ 82.0% |
| Financial charges65/66B | €408 | €292 | €328 | €266 | €608 | ▲ 129% |
| Recurring financial charges65 | €408 | €292 | €328 | €266 | €608 | ▲ 129% |
| Profit (loss) for the period before taxes9903 | €23,287 | €11,368 | €5,726 | €21,300 | €38,633 | ▲ 81.4% |
| Income taxes67/77 | €4,864 | €2,529 | €2,107 | €5,904 | €6,836 | ▲ 15.8% |
| Profit (loss) for the period9904 | €18,422 | €8,840 | €3,619 | €15,395 | €31,797 | ▲ 107% |
| Profit (loss) for the period to be appropriated9905 | €18,422 | €8,840 | €3,619 | €15,395 | €31,797 | ▲ 107% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €137,956 | €131,579 | €128,914 | €145,495 | €176,128 | ▲ 21.1% |
| Fixed assets21/28 | €65,118 | €58,360 | €51,053 | €44,048 | €45,761 | ▲ 3.9% |
| Intangible fixed assets21 | - | - | - | - | €3,883 | - |
| Tangible fixed assets22/27 | €56,168 | €49,410 | €42,103 | €35,098 | €32,928 | ▼ 6.2% |
| Plant, machinery and equipment23 | €56,168 | €49,410 | €42,103 | €35,098 | €32,928 | ▼ 6.2% |
| Financial fixed assets28 | €8,950 | €8,950 | €8,950 | €8,950 | €8,950 | = |
| Current assets29/58 | €72,838 | €73,219 | €77,861 | €101,447 | €130,367 | ▲ 28.5% |
| Stocks and contracts in progress3 | €49,556 | €54,262 | €62,196 | €68,280 | €98,448 | ▲ 44.2% |
| Stocks30/36 | €49,556 | €54,262 | €62,196 | €68,280 | €98,448 | ▲ 44.2% |
| Amounts receivable within one year40/41 | - | - | - | €2,217 | €919 | ▼ 58.6% |
| Trade receivables40 | - | - | - | €2,217 | €919 | ▼ 58.6% |
| Cash at bank and in hand54/58 | €23,282 | €16,819 | €12,453 | €30,951 | €31,001 | ▲ 0.2% |
| Deferred charges and accrued income490/1 | - | €2,138 | €3,213 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €137,956 | €131,579 | €128,914 | €145,495 | €176,128 | ▲ 21.1% |
| Equity10/15 | €87,604 | €96,444 | €100,063 | €115,458 | €120,256 | ▲ 4.2% |
| Contributions10/11 | €40,000 | €40,000 | €40,000 | €40,000 | €40,000 | = |
| Reserves13 | €47,604 | €56,444 | €60,063 | €75,458 | €80,256 | ▲ 6.4% |
| Distributable reserves133 | €47,604 | €56,444 | €60,063 | €75,458 | €80,256 | ▲ 6.4% |
| Amounts payable17/49 | €50,352 | €35,135 | €28,851 | €30,037 | €55,873 | ▲ 86.0% |
| Amounts payable after more than one year17 | €12,593 | €10,132 | €7,571 | €5,013 | €2,415 | ▼ 51.8% |
| Financial debts170/4 | €12,593 | €10,132 | €7,571 | €5,013 | €2,415 | ▼ 51.8% |
| Amounts payable within one year42/48 | €37,758 | €25,003 | €21,280 | €23,670 | €48,513 | ▲ 105% |
| Current portion of amounts payable after more than one year42 | €2,502 | €2,474 | €2,520 | €2,728 | €2,711 | ▼ 0.6% |
| Trade debts44 | €3,931 | €590 | €1,415 | €114 | €9,542 | ▲ 8,293% |
| Suppliers440/4 | €3,931 | €590 | €1,415 | €114 | €9,542 | ▲ 8,293% |
| Taxes, remuneration and social security45 | €15,023 | €11,637 | €14,441 | €20,526 | €26,661 | ▲ 29.9% |
| Taxes450/3 | €15,023 | €11,637 | €14,441 | €20,526 | €26,661 | ▲ 29.9% |
| Other amounts payable47/48 | €16,303 | €10,303 | €2,903 | €303 | €9,600 | ▲ 3,071% |
| Accrued charges and deferred income492/3 | - | - | - | €1,354 | €4,944 | ▲ 265% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,422 | €8,840 | €3,619 | €15,395 | €31,797 | ▲ 107% |
| + Depreciation and write-downs630 | €7,152 | €7,285 | €7,307 | €7,335 | €7,963 | ▲ 8.6% |
| Operating cash flow (approximation) | €25,575 | €16,125 | €10,926 | €22,730 | €39,760 | ▲ 74.9% |
| Investment in fixed assets (approximation) | - | -€527 | €0 | -€330 | -€9,676 | ▼ 2,834% |
| Change in cash | - | -€6,464 | -€4,366 | €18,498 | €50 | ▼ 99.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
31-12
Financial
Highest result since 2020net €31,797 ▲107%
Operating result €39,241, net result €31,797, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
16-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 16 days late
2023
31-12
Financial
Weakest financial yearnet €3,619 ▼59.1%
Net result drops to €3,619, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100,000Eq €100,063 ▲3.8%
4 profitable years in a row build equity to €100,063.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Kortrijk · 1 establishment unit since 2019
Ground area
230 m²
Building footprint
356 m²
Volume, LiDAR
3,784 m³
Parcel 34352F0837/00H000, Flanders · tallest building 17.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
TWEE
since 20192.295.783.825
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34352F0837/00H000 | Flanders | 230 m² | 1 · 356 m² | 17.3 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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
2025 · 1 entry · 150 EUR awarded · 150 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 150 EUR | 150 EUR |
Similar companies · same sector, comparable size
ELLE NORD
BE 0660.668.879
Oostkamp · Eq €121,002
BACKYARD 52
BE 0628.876.635
Herenthout · Eq €119,280
MAT FASHION
BE 0451.355.450
Tongeren-Borgloon · Eq €121,621
Leef
BE 0726.429.040
Mechelen · Eq €118,797
SIMONS FASHIONS DAMESKLEDING
BE 0476.603.461
Bocholt · Eq €118,758
Of 2,215 companies in sector 47711 we hold annual accounts for 888. 698 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
47711Retail sale of women's outerwear
47120Other non-specialised retail sale
47712Retail trade
47715Retail trade
Contact
E-mail
multibrandstore.twee@gmail.com
Phone
0479/272351
E-invoicing
Reachable via Peppol
Peppol ID
0208:0736481309
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.