TWEN
ActiveSummary
TWEN is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. For TWEN, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €140,756 and a net result of €33,067. Equity is growing by ~49% per year across the filed fiscal years. Its solvency ranks better than 16% of 9868 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Filing: One filing cycle is missing
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 154 days later.
NBB · 8 filingsPosition against the passed deadline
30-09-2025 close30-04-2026 deadline01-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 12-06-2025, 43 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 · 8 filingsDeviation from the deadline
2025
not filed
2024
43 d late
2023
14 d late
2022
25 d early
2021
1 d early
2019
16 d early
2018
7 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 1 day after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€140,756▲ 30.7%
2023 · €107,688
Net result
€33,067▼ 13.6%
2023 · €38,269
Total assets
€1.1m▼ 23.8%
2023 · €1.4m
Solvency
12.8%▲ 5.3pp
2023 · 7.5%
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192021202220232024
Operating result€20,262€102,421-€4,284▼ 95.8%€54,666▲ 1,176%€53,263▼ 2.6%
Net result€13,164€63,287within the sector's middle half-€615below the sector's middle half▼ 99.0%€38,269within the sector's middle half▲ 6,126%€33,067within the sector's middle half▼ 13.6%
Equity€21,865▲ 151%€85,152within the sector's middle half-€69,419within the sector's middle half▼ 18.5%€107,688within the sector's middle half▲ 55.1%€140,756within the sector's middle half▲ 30.7%
Total assets€409,654▲ 36.3%€389,204within the sector's middle half-€654,401within the sector's middle half▲ 68.1%€1.4mabove the sector's middle half▲ 120%€1.1mabove the sector's middle half▼ 23.8%
Debt€387,789▲ 32.8%€304,052-€584,982▲ 92.4%€1.3m▲ 128%€957,596▼ 28.2%
Working capital€108,520-€10,286within the sector's middle half--€158,850below the sector's middle half▼ 1,444%-€80,824below the sector's middle half▲ 49.1%-€168,615below the sector's middle half▼ 109%
Solvency5.3%▲ 2.4pp21.9%below the sector's middle half-10.6%below the sector's middle half▼ 11.3pp7.5%below the sector's middle half▼ 3.1pp12.8%below the sector's middle half▲ 5.3pp
Current ratio3.02▲ 2.220.90within the sector's middle half-0.48below the sector's middle half▼ 0.430.91within the sector's middle half▲ 0.430.60below the sector's middle half▼ 0.31
Return on assets (ROA)3.2%▲ 6.1pp16.3%within the sector's middle half-0.1%below the sector's middle half▼ 16.2pp2.7%within the sector's middle half▲ 2.6pp3.0%within the sector's middle half▲ 0.4pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 3% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.1m
Fixed assets
€848,816 ▲ 31.3%
Current assets
€249,535 ▼ 68.6%
Equity and liabilities €1.1m
Equity
€140,756 ▲ 30.7%
Debt
€957,596 ▼ 28.2%
Debt's share of the balance-sheet total falls from 92.5% to 87.2%. Equity is higher and debt is lower.
Key figures and ratios
ROE
23.5%▼
2023 · 35.5%
Debt ≤ 1 year
€418,150▼
2023 · €876,003
Debt > 1 year
€347,946▼
2023 · €380,437
Income taxes
€6,398▲
2023 · €3,177
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,095 | €19,137 | €24,595 | €43,384 | €65,909 | ▲ 51.9% |
| Other operating charges640/8 | - | €5,322 | €2,621 | €493 | €14,485 | ▲ 2,836% |
| Gross operating margin9900 | €36,917 | €126,880 | €31,500 | €98,544 | €133,657 | ▲ 35.6% |
| Operating profit (loss)9901 | €20,262 | €102,421 | €4,284 | €54,666 | €53,263 | ▼ 2.6% |
| Financial income75/76B | - | - | €0 | - | €1 | - |
| Recurring financial income75 | - | - | €0 | - | €1 | - |
| Financial charges65/66B | - | €7,045 | €3,661 | €13,221 | €13,799 | ▲ 4.4% |
| Recurring financial charges65 | €5,147 | €7,045 | €3,661 | €13,221 | €13,799 | ▲ 4.4% |
| Profit (loss) for the period before taxes9903 | €15,115 | €95,376 | €623 | €41,446 | €39,465 | ▼ 4.8% |
| Income taxes67/77 | €1,951 | €32,089 | €8 | €3,177 | €6,398 | ▲ 101% |
| Profit (loss) for the period9904 | €13,164 | €63,287 | €615 | €38,269 | €33,067 | ▼ 13.6% |
| Profit (loss) for the period to be appropriated9905 | €13,164 | €63,287 | €615 | €38,269 | €33,067 | ▼ 13.6% |
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €409,654 | €389,204 | €654,401 | €1.4m | €1.1m | ▼ 23.8% |
| Fixed assets21/28 | €247,515 | €293,386 | €509,543 | €646,450 | €848,816 | ▲ 31.3% |
| Intangible fixed assets21 | - | - | - | €3,365 | €2,005 | ▼ 40.4% |
| Tangible fixed assets22/27 | €247,515 | €293,386 | €509,543 | €643,085 | €846,812 | ▲ 31.7% |
| Land and buildings22 | - | €262,873 | €397,668 | €572,530 | €734,175 | ▲ 28.2% |
| Plant, machinery and equipment23 | - | €3,348 | €2,381 | €1,414 | €1,596 | ▲ 12.8% |
| Furniture and vehicles24 | - | €27,166 | €65,394 | €69,140 | €111,041 | ▲ 60.6% |
| Assets under construction and advance payments27 | - | - | €44,100 | - | - | - |
| Current assets29/58 | €162,139 | €95,818 | €144,859 | €795,179 | €249,535 | ▼ 68.6% |
| Amounts receivable within one year40/41 | €19,782 | €63,467 | €131,257 | €654,064 | €67,369 | ▼ 89.7% |
| Trade receivables40 | - | €32,923 | €126,752 | €652,857 | €1,000 | ▼ 99.8% |
| Other amounts receivable41 | - | €30,544 | €4,504 | €1,206 | €66,369 | ▲ 5,401% |
| Cash at bank and in hand54/58 | €92,356 | €30,967 | €12,067 | €140,688 | €181,710 | ▲ 29.2% |
| Deferred charges and accrued income490/1 | - | €1,384 | €1,535 | €427 | €456 | ▲ 6.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €409,654 | €389,204 | €654,401 | €1.4m | €1.1m | ▼ 23.8% |
| Equity10/15 | €21,865 | €85,152 | €69,419 | €107,688 | €140,756 | ▲ 30.7% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €15,665 | €78,952 | €63,219 | €101,488 | €134,556 | ▲ 32.6% |
| Distributable reserves133 | - | €78,952 | €63,219 | €101,488 | €134,556 | ▲ 32.6% |
| Amounts payable17/49 | €387,789 | €304,052 | €584,982 | €1.3m | €957,596 | ▼ 28.2% |
| Amounts payable after more than one year17 | €227,250 | €197,948 | €281,273 | €380,437 | €347,946 | ▼ 8.5% |
| Financial debts170/4 | - | €197,948 | €281,273 | €380,437 | €347,946 | ▼ 8.5% |
| Amounts payable within one year42/48 | €53,619 | €106,104 | €303,709 | €876,003 | €418,150 | ▼ 52.3% |
| Current portion of amounts payable after more than one year42 | - | €15,160 | €15,438 | €29,986 | €32,492 | ▲ 8.4% |
| Trade debts44 | €1,256 | €10,207 | €204,296 | €576,202 | €46,542 | ▼ 91.9% |
| Suppliers440/4 | - | €10,207 | €204,296 | €576,202 | €46,542 | ▼ 91.9% |
| Advances received on contracts in progress46 | - | - | €292 | €25,441 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €32,089 | €6 | €4,802 | €8,025 | ▲ 67.1% |
| Taxes450/3 | - | €32,089 | €6 | €4,802 | €8,025 | ▲ 67.1% |
| Other amounts payable47/48 | - | €48,648 | €83,677 | €239,572 | €331,092 | ▲ 38.2% |
| Accrued charges and deferred income492/3 | - | - | - | €77,500 | €191,500 | ▲ 147% |
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,164 | €63,287 | €615 | €38,269 | €33,067 | ▼ 13.6% |
| + Depreciation and write-downs630 | €16,095 | €19,137 | €24,595 | €43,384 | €65,909 | ▲ 51.9% |
| Operating cash flow (approximation) | €29,260 | €82,424 | €25,210 | €81,653 | €98,976 | ▲ 21.2% |
| Investment in fixed assets (approximation) | - | - | -€240,751 | -€180,291 | -€268,276 | ▼ 48.8% |
| Change in cash | - | - | -€18,900 | €128,621 | €41,022 | ▼ 68.1% |
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
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 43 days late
2024
14-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
30-09
Financial
Equity above €100,000Eq €107,688 ▲55.1%
4 profitable years in a row build equity to €107,688.
05-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2018net €63,287 ▲381%
Operating result €102,421, net result €63,287, both a record.
2020
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €13,164
Net result €13,164 after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 3.02
Current ratio from 0.81 to 3.02.
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-07
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.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2015
Ground area
91 m²
Building footprint
91 m²
Volume, LiDAR
1,262 m³
Parcel 11811L3667/00B003, Flanders · tallest building 19.6 m, ±5 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
TWEN
since 20152.239.772.659
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3667/00B003 | Flanders | 91 m² | 1 · 91 m² | 19.6 m · 5 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.
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Of 24,721 companies in this sector we hold annual accounts for 19,804. 13,107 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded11-02-2015
Fiscal year end30-09
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0598805843
Also
9925:BE0598805843
Registered
13-06-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.