Equity
€216,484 ▲ 8.5%
TWELVE has made a profit without a break since 2022.
TWELVE
Lifetime
19 annual accounts with figures on one time axis, 27 filings since 1999peak €181,976 (2025)
€181,976▲ 17.5%
lowest -€34,973 (2021)
€16,927▲ 246%
peak €219,665 (2023)
€216,484▲ 8.5%
€129,748▲ 6.4%
peak 2.2 FTE (2025)
2.2 FTE▲ 4.8%
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
22-07-20269 days before the deadline
2025abbreviated format
Gross margin from €154,923 to €181,976Result from €4,893 to €16,927
Key points
from the 2025 annual accountsTurnover
≈ €410,000 estimated
The accounts state no turnover.
Restructuring
2023
Merger with ICT Systems. Merger on 28-11-2023.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 17,041 companies had the same profile as TWELVE has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for TWELVE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Merger: Twelve takes over ICT Systems
Appointments: (director) and (director) · “nieuw voorwerp” (deed in Dutch) · Director discharge: ICT Systems · General meeting of 02-11-2023 · Gazette deed
Merger proposal: Twelve takes over ICT Systems
The company holds all the shares of ICT Systems · Director discharge: · Gazette deed
First establishment
Weg naar St. Kruis 12, Beernem
Incorporation
published on 30-05-1998 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TWELVE Bruges | €346,233 | €181,976 | 62.5% | 2.2 |
| C2D SYSTEM HOUSE Soumagne | €325,700 | €176,212 | 67.1% | 2.1 |
| NET USE Antwerp | €430,956 | €218,030 | 32.4% | 2.5 |
| BCT Hasselt | €252,635 | €213,880 | 86.7% | 2.6 |
| Netvise Leuven | €395,375 | €150,115 | 49.8% | 2 |
| CELCIUS Kuurne | €218,953 | €179,122 | 3.5% | 2 |
| BG ADVIES BELGIUM Brasschaat | €302,090 | €206,183 | 48.7% | 1.7 |
These companies have the same main activity as TWELVE: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €219,000 and €431,000, founded between 1995 and 2006.
Official details
Source: KBO- Status
- Active since 19-05-1998Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 5 others
- Establishment unit
- 2.305.169.4658730 Beernem, since 01-01-2020
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €346,233▲ 7.7%
- Employeeson 31-12-2025
- 3=
- Filing
- Filed on 22-07-2026, 9 days before the end of the filing period
Insights on TWELVE
TWELVE files the abbreviated format. That format states no turnover. The gross margin rose from €54,527 in 2007 to €181,976 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about TWELVE
- What is the company number of TWELVE?
- The company number of TWELVE is 0463.407.701. The VAT number is the same number with BE in front: BE 0463.407.701.
- Where is TWELVE based?
- The registered office is at Vogelzangdreef 9, 8200 Bruges.Company details
- What does TWELVE do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of TWELVE?
- TWELVE is a private limited company (pre-2019) (BVBA).
- When was TWELVE founded?
- TWELVE was founded on 19-05-1998.
- Is TWELVE still active?
- Yes, TWELVE is an active enterprise in the KBO register.
- How many employees does TWELVE have?
- TWELVE had an average of 2.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of TWELVE?
- The turnover in financial year 2025 is ≈ €410,000. This figure is estimated from the gross margin of €181,976 and 74 comparable companies (NACE 62200). It probably lies between €280,000 and €890,000.
- Is TWELVE profitable?
- In financial year 2025, TWELVE made a profit of €16,927.
- Where can I find the annual accounts of TWELVE?
- TWELVE filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TWELVE due?
- TWELVE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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