TWEEDS & COTTONS
The computed 12-month bankruptcy probability of TWEEDS & COTTONS is 0.4% (very low). The 2024 annual accounts show equity of €2.46M and a net result of €145k. Equity is growing by ~23.4% per year across the filed fiscal years. Its solvency ranks better than 62% of 970 sector peers (fiscal year 2024). The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €2.46M |
| Net result | €145k |
| Staff (FTE) | 2 |
| Better than sector | 62% |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 39.1% | 27.2% | |
| Net result | €145k | €23k | |
| Equity | €2.46M | €170k | |
| Gross operating margin | €-53k | €173k | |
| Staff costs | €184k | €166k |
Show 10 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €-248k |
| Net profit | €145k |
| Cash flow | €149k |
| Staff costs | €184k |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €6.29M |
| Equity | €2.46M |
| Debt | €3.68M |
| of which ≤ 1y | €3.24M |
| of which > 1y | - |
| Working capital | €2.11M |
| Employees (FTE) | 2.0 |
| 2024 | |
|---|---|
| Current ratio | 1.65 |
| Quick ratio | 1.65 |
| Working capital ratio | 33.5% |
| Solvency | 39.1% |
| Debt / equity | 1.50 |
| Long-term debt ratio | - |
| Interest coverage | -1.80 |
| Gross margin | - |
| Net margin | - |
| ROA | 2.3% |
| ROE | 5.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (25 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €6.29M |
| Fixed assets | 21/28 | €936k |
| Intangible fixed assets | 21 | €431 |
| Tangible fixed assets | 22/27 | €3k |
| Financial fixed assets | 28 | €933k |
| Current assets | 29/58 | €5.35M |
| Amounts receivable within one year | 40/41 | €5.16M |
| Cash & bank | 54/58 | €98k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €6.29M |
| Equity | 10/15 | €2.46M |
| Contributions / capital | 10/11 | €297k |
| Reserves | 13 | €811k |
| Accumulated profits (losses) | 14 | €1.35M |
| Provisions & deferred taxes | 16 | €150k |
| Amounts payable | 17/49 | €3.68M |
| Amounts payable within one year | 42/48 | €3.24M |
| Trade debts payable within one year | 44 | €367k |
| Income statement | ||
| Gross operating margin | 9900 | €-53k |
| Operating result | 9901 | €-251k |
| Financial income | 75 | €5k |
| Financial charges | 65 | €138k |
| Result before taxes | 9903 | €147k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €145k |
| Result to be appropriated | 9905 | €145k |
Historic, not recently confirmed (2)
-
Context NVLegal entityDirectorState Gazette act 18058651 (10-04-2018)Not recently confirmedlast confirmed in an act from 2018
-
Dominique LippensDirectorState Gazette act 18058651 (10-04-2018)Not recently confirmedlast confirmed in an act from 2018
Former directors (1)
-
Olivier LouvrierDirectorState Gazette act 18058651 (10-04-2018)Former10-04-2018 → 20-03-2020
3 events
- 20-03-2020 Resigned· Managing director
- 10-04-2018 Appointed· Director
- 10-04-2018 Appointed· Managing director
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| De Mol, Meuldersmans & Partners Statutory auditor |
- | 05-03-2007 → 05-03-2007 |
| NACE primary | Handelsbemiddeling in de groothandel in textiel, kleding, bont, schoeisel en lederwaren(46160) |
| Legal form | Public limited company(014) |
| Incorporation | 14-07-1999 |
| Status | Active |
| Postal code | 9940 |
Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44019B0621/00A000 | Flanders | 1.1 ha | 1 · 5,967 m² | 15.2 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 16 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
24-04-2024 Registered office moved within Evergem
- Finlandstraat 12 bus A-B, 9940 Evergem → 9940 EVERGEM, Noorwegenstraat 17
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "9940 EVERGEM, Noorwegenstraat 17",
"city": "Evergem",
"region": "vlaams_gewest",
"street": "Noorwegenstraat",
"country": "BE",
"postcode": "9940",
"box_number": null,
"street_number": "17",
"locality_suffix": null
},
"old_address": {
"raw": "Finlandstraat 12 bus A-B, 9940 Evergem",
"city": "Evergem",
"region": "vlaams_gewest",
"street": "Finlandstraat",
"country": "BE",
"postcode": "9940",
"box_number": "A-B",
"street_number": "12",
"locality_suffix": null
},
"effective_date": "2024-02-01",
"evidence_quote": "De vergadering met \u00E9\u00E9nparigheid van stemmen besloten heeft om de zetel van de vennootschap, voorheen gevestigd te 9940 EVERGEM, Finlandstraat 12 bus A-B, met ingang vanaf heden over te brengen naar 9940 EVERGEM, Noorwegenstraat 17.",
"region_changed": false,
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"statute_clause_text": null,
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"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": "Olivier LOUVRIER",
"firm_city": null,
"firm_name": null,
"office_city": "Gent",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2024-04-15",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "raad_van_bestuur",
"date": "2024-02-01",
"unanimous": true
},
"subject_company": {
"kbo": "0466.545.353",
"name_full": "TWEEDS \u0026 COTTONS",
"legal_form": "Naamloze vennootschap"
},
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"person_name": "Olivier LOUVRIER",
"org_rep_person_name": null,
"person_role_at_subject": "Gedelegeerd bestuurder"
},
"co_filed_documents": [
"Notulen van de beraadslaging van het bestuursorgaan",
"Kopie van de akte notari\u00EBle verklaring"
]
}06-10-2022 Publication in the Belgian Official Gazette, Minor change
Technical details
{
"notary": {
"name": "Luc Jansen",
"firm_city": null,
"firm_name": null,
"office_city": "Gent",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2022-10-06",
"filing_date": "2022-10-04",
"act_kind_objet": "verbatim"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2022-09-29",
"unanimous": true
},
"agm_change": null,
"detected_kind": "fiscal_year_change",
"other_address": null,
"mandate_renewal": null,
"subject_company": {
"kbo": "0466.545.353",
"name_full": "TWEEDS \u0026 COTTONS",
"legal_form": "NV"
},
"accounts_deposit": null,
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},
"co_filed_documents": [
"expeditie",
"geco\u00F6rdineerde statuten"
],
"fiscal_year_change": {
"new_end_mm_dd": "12-31",
"old_end_mm_dd": "01-31",
"new_start_mm_dd": "01-01",
"old_start_mm_dd": "02-01",
"first_full_new_year": 2024,
"transition_period_end": "2023-12-31"
},
"liquidation_closure": null,
"officer_designation": null,
"special_procuration": null,
"is_volet_a_only_stub": false,
"vakbekwaamheid_change": null,
"should_reroute_to_category": null,
"single_shareholder_declaration": null
}12-04-2022 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
{
"stage": null,
"notary": {
"name": "Luc Jansen",
"firm_city": null,
"firm_name": null,
"office_city": "Gent",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2022-04-12",
"filing_date": "2022-04-08",
"act_kind_objet": "DOEL, DIVERSEN"
},
"decision": {
"body": "algemene_vergadering",
"act_date": "2022-04-07",
"unanimous": null
},
"conversion": null,
"detected_kind": "other",
"report_waiver": null,
"restructuring": {
"parties": [
{
"kbo": "0466.545.353",
"name": "TWEEDS \u0026 COTTONS",
"role": "other",
"address": "Finlandstraat 12 bus A-B, 9940 Evergem",
"is_foreign": false,
"legal_form": "NV",
"is_new_company": false,
"jurisdiction_country": null
}
],
"exchange_ratio": null,
"legal_articles": [],
"is_cross_border": false,
"is_silent_merger": false,
"balance_basis_date": null,
"exchange_ratio_text": null,
"new_shares_issued_n": 0,
"real_estate_included": false,
"patrimony_description": "De vennootschap heeft tot voorwerp de aan- en verkoop, in- en uitvoer, fabricatie, productie, verwerking en bewerking, distributie in het groot en in het klein, en alle aanverwante handelingen van allerhande goederen, onder meer doch niet beperkt tot textielwaren, modeartikelen, medische en paramedische goederen, hout, diverse artikelen, adviezen en diensten van financi\u00EBle, technische, commerci\u00EBle",
"equity_transferred_eur": null,
"accounting_effective_date": null
},
"subject_company": {
"kbo": "0466.545.353",
"name_full": "TWEEDS \u0026 COTTONS",
"legal_form": "NV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Luc Jansen",
"org_rep_person_name": null
},
"summary_narrative": "De algemene vergadering van TWEEDS \u0026 COTTONS besloot op 7 april 2022 de statuten van de vennootschap te wijzigen, met name het voorwerp van de vennootschap, om conformiteit te waarborgen met het nieuwe Wetboek van Vennootschappen en Verenigingen. De nieuwe statuten zijn aangenomen en zijn in overeenstemming met de wettelijke vereisten. De bestuurders Olivier Louvrier en Dominique Lippens werden herbenoemd voor een nieuwe termijn van zes jaar.",
"co_filed_documents": [
"expeditie",
"geco\u00F6rdineerde statuten"
],
"detected_real_type": "other",
"referenced_correction": null,
"should_reroute_to_category": "statutes"
}31-03-2022 Registered office moved from Gent to Evergem
- KOESTRAAT 26-28-30 9000 GENT → Finlandstraat 12 A-B 9940 Evergem
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "unite_exploitation",
"new_address": {
"raw": "Finlandstraat 12 A-B 9940 Evergem",
"city": "Evergem",
"region": "vlaams_gewest",
"street": "Finlandstraat",
"country": "BE",
"postcode": "9940",
"box_number": null,
"street_number": "12 A-B",
"locality_suffix": null
},
"old_address": {
"raw": "KOESTRAAT 26-28-30 9000 GENT",
"city": "Gent",
"region": "vlaams_gewest",
"street": "Koestraat",
"country": "BE",
"postcode": "9000",
"box_number": null,
"street_number": "26-28-30",
"locality_suffix": null
},
"effective_date": "2022-03-01",
"evidence_quote": "De Raad van Bestuur heeft beslist om de maatschappelijke zetel en de uitbatingszetel van de vennootschap te verplaatsen van Koestraat 26-28-30 te 9000 Gent naar Finlandstraat 12 A- B te 9940 Evergem en dit met ingang vanaf 1 maart 2022.",
"region_changed": false,
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"nationality_change": false,
"old_address_source": "act_body",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "retroactive",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
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}
],
"notary": {
"name": "Olivier Louvrier",
"firm_city": null,
"firm_name": null,
"office_city": "Gent",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2022-03-31",
"filing_date": "2022-03-23",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "raad_van_bestuur",
"date": "2022-03-23",
"unanimous": true
},
"subject_company": {
"kbo": "0466.545.353",
"name_full": "TWEEDS \u0026 COTTONS",
"legal_form": "NAAMLOZE VENNOOTSCHAP"
},
"publication_proxy": {
"kind": "none",
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},
"co_filed_documents": [
"Luik B - Verklaring van de notaris"
]
}20-03-2020 Olivier Louvrier resigns as managing director
- Olivier Louvrier, Gedelegeerd bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "gedelegeerd bestuurder",
"person": {
"rrn": null,
"name": "Olivier Louvrier",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0466.545.353",
"name_full": "TWEEDS \u0026 COTTONS"
}
}10-08-2018 Registered office moved within Gent
- Brabantdam 17-9000 Gent → Koestraat 26-28-30 te 9000 Gent
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Koestraat 26-28-30 te 9000 Gent",
"city": "Gent",
"region": "vlaams_gewest",
"street": "Koestraat",
"country": "BE",
"postcode": "9000",
"box_number": null,
"street_number": "26-28-30",
"locality_suffix": null
},
"old_address": {
"raw": "Brabantdam 17-9000 Gent",
"city": "Gent",
"region": "vlaams_gewest",
"street": "Brabantdam",
"country": "BE",
"postcode": "9000",
"box_number": null,
"street_number": "17",
"locality_suffix": null
},
"effective_date": "2018-07-01",
"evidence_quote": "De Raad van Bestuur beslist om de maatschappelijke zetel van de vennootschap te verplaatsen van Brabantdam 17 te 9000 Gent naar Koestraat 26-28-30 te 9000 Gent en dit met ingang vanaf 1 juli 2018.",
"region_changed": false,
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"statute_article_number": null,
"effective_date_qualifier": "retroactive",
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"linguistic_region_changed": false,
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}
],
"notary": {
"name": "Olivier Louvrier",
"firm_city": null,
"firm_name": null,
"office_city": "Gent",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2018-08-10",
"filing_date": "2018-07-01",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "raad_van_bestuur",
"date": "2018-08-01",
"unanimous": true
},
"subject_company": {
"kbo": "0466.545.353",
"name_full": "TWEEDS \u0026 COTTONS",
"legal_form": "NAAMLOZE VENNOOTSCHAP"
},
"publication_proxy": {
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},
"co_filed_documents": [
"Kopie van de akte"
]
}10-04-2018 4 directors appointed
- Dominique Lippens, Bestuurder
- Olivier Louvrier, Bestuurder
- Context NV, Bestuurder
- Olivier Louvrier, Gedelegeerd bestuurder
Technical details
{
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{
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},
{
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}
},
{
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],
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"subject_company": {
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}
}05-03-2007 De Mol, Meuldersmans & Partners appointed as statutory auditor
- De Mol, Meuldersmans & Partners, Commissaris
Technical details
{
"events": [
{
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],
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"subject_company": {
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"name_full": "TWEEDS \u0026 COTTONS"
}
}| Legal nameNL | TWEEDS & COTTONS |