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TWEELUWE

Active
Private limited companyfounded 200719 yrs activeIngelmunstersestraat 40, 8870 Izegem, BelgiumKBO/BCE: BE 0890.852.948

TWEELUWE has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €580k and a net result of €127k. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 57% of 9460 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
91 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▲+39
Solvency87▲+8
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 2.59 against 2.18 in 2024; short-term debt: 38.4% and cash: 50.7% of total assets), and 38.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 19 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
61.6%
Return on assets
13.5%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 15-12-2025, 47 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
47 d early
2024
1 d early
2023
41 d early
2022
18 d early
2021
6 d early
2020
3 d early
2019
8 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 months
Position in the running window
30-06-2026 close23-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€580k▲ 28.1%
2024 · €453k
2019: €442k 2021: €560k 2022: €549k 2023: €558k 2024: €453k
2019 → 2025
Total assets
€942k▲ 13.4%
2024 · €830k
2019: €807k 2021: €1.04M 2022: €978k 2023: €975k 2024: €830k
2019 → 2025
Net result
€127k▲ 212%
2024 · €41k
2019: €97k 2021: €30k 2022: €-12k 2023: €10k 2024: €41k
2019 → 2025
Working capital
€575k▲ 29.6%
2024 · €444k
2019: €440k 2021: €560k 2022: €547k 2023: €558k 2024: €444k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€560k-€549k▼ 2.1%€558k▲ 1.7%€453k▼ 19.0%€580k▲ 28.1%
Operating result€47k-€-18k€23k€56k▲ 147%€167k▲ 199%
Net result€30k-€-12k€10k€41k▲ 327%€127k▲ 212%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100k€150kOperating result 2021: €47k€47kNet result 2021: €30k€30kOperating result 2022: €-18k€-18kNet result 2022: €-12k€-12kOperating result 2023: €23k€23kNet result 2023: €10k€10kOperating result 2024: €56k€56kNet result 2024: €41k€41kOperating result 2025: €167k€167kNet result 2025: €127k€127k20212022202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 199% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €942k
Fixed assets €5k▼ 46.3%
Current assets €936k▲ 14.1%
Equity and liabilities €942k
Equity €580k▲ 28.1%
Debt €362k▼ 4.3%
The debt ratio falls from 45.5% to 38.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€172k
2024 · €60k
Cash flow
€132k
2024 · €45k
Solvency
61.6%
2024 · 54.5%
Current ratio
2.59
2024 · 2.18
Quick ratio
2.59
2024 · 2.18
Debt / equity
0.62
2024 · 0.83
ROE
22.0%
2024 · 9.0%
ROA
13.5%
2024 · 4.9%
Interest coverage
6.94
2024 · 2.70
Debt
€362k
2024 · €378k
Debt ≤ 1 year
€361k
2024 · €377k
Income taxes
€55k
2024 · €20k
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€830k€942k
Fixed assets21/28€9k€5k
Tangible fixed assets22/27€9k€5k
Furniture and vehicles24€9k€5k
Current assets29/58€821k€936k
Amounts receivable within one year40/41€11k€5k
Trade receivables40€687€2k
Other amounts receivable41€10k€4k
Current investments50/53€447k€448k
Cash at bank and in hand54/58€355k€478k
Deferred charges and accrued income490/1€7k€5k
Equity and liabilities
Total equity and liabilities10/49€830k€942k
Equity10/15€453k€580k
Contributions10/11€12k€12k=
Reserves13€440k€567k
Distributable reserves133€440k€567k
Amounts payable17/49€378k€362k
Amounts payable within one year42/48€377k€361k
Trade debts44€11k€15k
Suppliers440/4€11k€15k
Advances received on contracts in progress46€50k-
Taxes, remuneration and social security45€15k€29k
Taxes450/3€15k€24k
Remuneration and social security454/9-€5k
Other amounts payable47/48€301k€317k
Accrued charges and deferred income492/3€834€419
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k
Other operating charges640/8€2k€3k
Gross operating margin9900€63k€175k
Operating profit (loss)9901€56k€167k
Financial income75/76B€27k€40k
Recurring financial income75€27k€40k
Financial charges65/66B€22k€25k
Recurring financial charges65€22k€25k
Profit (loss) for the period before taxes9903€61k€183k
Income taxes67/77€20k€55k
Profit (loss) for the period9904€41k€127k
Profit (loss) for the period to be appropriated9905€41k€127k
Appropriation of the result
Profit (loss) to be appropriated9906€41k€127k
Transfer to equity691/2€41k€127k
To other reserves6921€41k€127k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2025
15-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial Highest result since 2019net €127k ▲212%
Operating result €167k, net result €127k, both a record.
30-06
Financial Equity above €500kEq €580k ▲28.1%
3 profitable years in a row build equity to €580k.
30-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
21-12
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
30-06
Financial Back to profitnet €10k
Net result €10k after one loss-making year.
13-01
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial Weakest financial yearnet €-12k ▼138%
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
25-01
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial Equity above €500kEq €560k ▲26.7%
2 profitable years in a row build equity to €560k.
28-01
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-01
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-01
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-01
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Izegem · 1 establishment unit since 2007
establishment The establishment unit on the map
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.

Ingelmunstersestraat 408870 Izegem
Ground area
428 m²
Building footprint
187 m²
Volume, LiDAR
1,062 m³
Parcel 36492A0010/00S005, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TWEELUWE
Ingelmunstersestraat 40, 8870 IzegemNACE 51130
since 20072.164.224.705
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36492A0010/00S005 Flanders 428 m² 1 · 187 m² 10.2 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

Of 18,256 companies in sector 71111 we hold annual accounts for 6,321. 3,778 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded16-07-2007
Fiscal year end30-06
Activities, NACEBEL
71111Activities of building architects
74201Photography, excluding press photography
68121Development of residential building projects
68122Development of non-residential building projects
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
51532
52461
70111
70112
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.