TWICE INDUSTRIES
ActiveTWICE INDUSTRIES has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €313k and a net result of €-73k. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 25% of 2277 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability17▲+15
Solvency38▲+36
Growth52▲+20
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days only on tighter terms
Liquidity short (current ratio 0.38 against 0.8 in 2024; short-term debt: 58% and cash: 2.5% of total assets), and 87.3% 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 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 2277 sector peers (2025).
NBB · sector comparisonPosition among 2277 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 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
10 d late
2024
31 d late
2023
48 d early
2022
59 d early
2021
100 d early
2020
165 d early
← before the deadline
after the deadline →
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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€313k
2024 · €-413k
2020: €164k
2021: €331k
2022: €365k
2023: €332k
2024: €-413k
2020 → 2025
Total assets
€2.48M▲ 38.1%
2024 · €1.79M
2020: €1.39M
2021: €1.87M
2022: €3.10M
2023: €3.73M
2024: €1.79M
2020 → 2025
Net result
€-73k▲ 90.2%
2024 · €-752k
2020: €99k
2021: €167k
2022: €34k
2023: €-33k
2024: €-752k
2020 → 2025
Working capital
€-891k▼ 217%
2024 · €-281k
2020: €-204k
2021: €-623k
2022: €-429k
2023: €-1.22M
2024: €-281k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€331k-€365k▲ 10.2%€332k▼ 8.9%€-413k€313k
Operating result€246k-€51k▼ 79.1%€-91k€-710▲ 99.2%€-16k▼ 2,187%
Net result€167k-€34k▼ 79.8%€-33k€-752k▼ 2,204%€-73k▲ 90.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €16k in 2025 against €710 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.48M
Fixed assets
€1.93M▲ 176%
Current assets
€544k▼ 50.2%
Equity and liabilities €2.48M
Equity
€313k
Debt
€2.16M
Debt finances 87.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€16k▼
2024 · €23k
Cash flow
€-41k▲
2024 · €-728k
Solvency
12.7%▲
2024 · -23.1%
Current ratio
0.38▼
2024 · 0.80
Quick ratio
0.38▼
2024 · 0.80
Debt / equity
6.90▲
2024 · -5.34
ROE
-23.4%
ROA
-3.0%▲
2024 · -42.0%
Interest coverage
0.28▲
2024 · 0.19
Debt
€2.16M▼
2024 · €2.21M
Debt ≤ 1 year
€1.44M▲
2024 · €1.37M
Debt > 1 year
€394k▼
2024 · €488k
Income taxes
€155
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€1.79M€2.48M▲
Fixed assets21/28€700k€1.93M▲
Tangible fixed assets22/27€595k€576k▼
Land and buildings22€47k€45k▼
Furniture and vehicles24€8k€7k▼
Leasing and similar rights25€506k€496k▼
Other tangible fixed assets26€33k€28k▼
Financial fixed assets28€105k€1.36M▲
Current assets29/58€1.09M€544k▼
Amounts receivable after more than one year29€450k-
Other amounts receivable291€450k-
Amounts receivable within one year40/41€80k€41k▼
Trade receivables40€75k€17k▼
Other amounts receivable41€5k€25k▲
Cash at bank and in hand54/58€68k€61k▼
Deferred charges and accrued income490/1€495k€442k▼
Equity and liabilities
Total equity and liabilities10/49€1.79M€2.48M▲
Equity10/15€-413k€313k▲
Contributions10/11€65k€65k=
Revaluation surpluses12€6k€806k▲
Profit (loss) carried forward14€-485k€-558k▼
Amounts payable17/49€2.21M€2.16M▼
Amounts payable after more than one year17€488k€394k▼
Financial debts170/4€488k€394k▼
Amounts payable within one year42/48€1.37M€1.44M▲
Current portion of amounts payable after more than one year42€102k€131k▲
Trade debts44€222k€222k▲
Suppliers440/4€222k€222k▲
Taxes, remuneration and social security45€22k€416▼
Taxes450/3€22k€416▼
Other amounts payable47/48€1.03M€1.08M▲
Accrued charges and deferred income492/3€344k€333k▼
Income statement
Code20242025
Non-recurring operating income76A€27k€27k=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€32k▲
Other operating charges640/8€12k€128▼
Non-recurring operating charges66A€1.53M€27k▼
Gross operating margin9900€1.57M€43k▼
Operating profit (loss)9901€-710€-16k▼
Financial income75/76B€495k€516▼
Recurring financial income75€18k€516▼
Non-recurring financial income76B€477k-
Financial charges65/66B€1.25M€57k▼
Recurring financial charges65€121k€57k▼
Non-recurring financial charges66B€1.13M-
Profit (loss) for the period before taxes9903€-752k€-73k▲
Income taxes67/77-€155
Profit (loss) for the period9904€-752k€-73k▲
Profit (loss) for the period to be appropriated9905€-752k€-73k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-684k€-558k▲
Profit (loss) brought forward from the previous period14P€68k€-485k▼
Transfer from equity791/2€199k-
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 10 days late
2025
31-12
Financial
Equity above €200kEq €313k
Equity rises from €-413k to €313k.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 31 days late
2024
31-12
Financial
Weakest financial yearnet €-752k
Net result drops to €-752k, the lowest in the series; recovery starts the following year.
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2020net €167k ▲68.6%
Operating result €246k, net result €167k, both a record.
31-12
Financial
Equity above €200kEq €331k ▲102%
2 profitable years in a row build equity to €331k.
16-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Roeselare · 1 establishment unit since 2019
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.
Beversesteenweg 5608800 RoeselareGround area
2.7 ha
Parcel 36505C0954/00C000, Flanders. Linked by address, not a title deed.
1 establishment unit
TWICE INDUSTRIES
since 20192.295.250.028
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36505C0954/00C000 | Flanders | 2.7 ha | - | - |
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.
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Of 24,503 companies in sector 82990 we hold annual accounts for 9,404. 6,484 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-03-2019
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 6 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.
Contact details
2 entriesE-mail:filip_ysenbrandt@twice.be
Phone:050317840