TWIDO
ActiveSummary
TWIDO has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €146,028 and a net result of €12,631. Equity is growing by ~17% per year across the filed fiscal years. Its solvency ranks better than 59% of 17220 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76=
Solvency93▼-7
Growth64=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity ample (current ratio 2.6 against 3.73 in 2024; short-term debt: 31.8% and cash: 18.2% of total assets), and 31.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
68.2%
Return on assets
5.9%
Age of the figures
13 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 29-04-2026, 29 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 · 10 filingsDeviation from the deadline
2025
29 d late
2024
on the day
2023
1 d late
2022
3 d early
2021
26 d late
2020
13 d early
2019
7 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 5 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-08-2026 and is due by 31-03-2027. Nothing is late today. Usually files around 2 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-08-2026 close29-09-2026 today31-03-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€228,762▼ 20.2%
2023 · €286,638
EBIT margin
1.6%▼ 11.5pp
2023 · 13.1%
Net result
€12,631▼ 27.2%
2024 · €17,356
Working capital
€109,398▼ 6.3%
2024 · €116,776
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€275,674▼ 3.6%€313,696▲ 13.8%€286,638▼ 8.6%€228,762▼ 20.2%
Operating result€58,741▲ 76.2%€74,535▲ 26.9%€37,513▼ 49.7%€3,612▼ 90.4%€15,069▲ 317%
Net result€53,135within the sector's middle half▲ 64.2%€77,074within the sector's middle half▲ 45.1%€17,860within the sector's middle half▼ 76.8%€17,356within the sector's middle half▼ 2.8%€12,631within the sector's middle half▼ 27.2%
EBIT margin21.3%▲ 9.6pp23.8%▲ 2.5pp13.1%▼ 10.7pp1.6%▼ 11.5pp
Equity€89,058within the sector's middle half▲ 77.4%€166,132within the sector's middle half▲ 86.5%€183,992above the sector's middle half▲ 10.8%€179,898above the sector's middle half▼ 2.2%€146,028within the sector's middle half▼ 18.8%
Total assets€172,993below the sector's middle half▲ 63.6%€218,537within the sector's middle half▲ 26.3%€219,407within the sector's middle half▲ 0.4%€222,657within the sector's middle half▲ 1.5%€214,206within the sector's middle half▼ 3.8%
Debt€83,935▲ 51.2%€52,405▼ 37.6%€35,415▼ 32.4%€42,759▲ 20.7%€68,178▲ 59.4%
Working capital€38,770within the sector's middle half▲ 107%€109,121within the sector's middle half▲ 181%€111,172within the sector's middle half▲ 1.9%€116,776within the sector's middle half▲ 5.0%€109,398within the sector's middle half▼ 6.3%
Solvency51.5%within the sector's middle half▲ 4.0pp76.0%above the sector's middle half▲ 24.5pp83.9%above the sector's middle half▲ 7.8pp80.8%within the sector's middle half▼ 3.1pp68.2%within the sector's middle half▼ 12.6pp
Current ratio1.63within the sector's middle half▲ 0.263.23within the sector's middle half▲ 1.604.14within the sector's middle half▲ 0.913.73within the sector's middle half▼ 0.412.60within the sector's middle half▼ 1.13
Return on assets (ROA)30.7%above the sector's middle half▲ 0.1pp35.3%above the sector's middle half▲ 4.6pp8.1%within the sector's middle half▼ 27.1pp7.8%within the sector's middle half▼ 0.3pp5.9%within the sector's middle half▼ 1.9pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 317% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €214,206
Fixed assets
€36,630 ▼ 42.0%
Current assets
€177,576 ▲ 11.3%
Equity and liabilities €214,206
Equity
€146,028 ▼ 18.8%
Debt
€68,178 ▲ 59.4%
Debt's share of the balance-sheet total rises from 19.2% to 31.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€37,250▲
2024 · €29,123
Cash flow
€34,811▼
2024 · €42,867
Debt to equity
0.47▲
2024 · 0.24
ROE
8.6%▼
2024 · 9.6%
Interest coverage
36.39▲
2024 · 16.09
Debt ≤ 1 year
€68,178▲
2024 · €42,759
Income taxes
€2,720▲
2024 · -€7,428
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €275,674 | €313,696 | €286,638 | €228,762 | - | - |
| Goods, raw materials, services and sundry goods60/61 | €170,586 | €181,063 | €197,449 | €178,321 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €2,010 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,233 | €24,276 | €24,171 | €25,511 | €22,181 | ▼ 13.1% |
| Other operating charges640/8 | €28,670 | €34,000 | €27,505 | €19,309 | €5,956 | ▼ 69.2% |
| Gross operating margin9900 | €105,644 | €132,811 | €89,189 | €50,442 | €43,206 | ▼ 14.3% |
| Operating profit (loss)9901 | €58,741 | €74,535 | €37,513 | €3,612 | €15,069 | ▲ 317% |
| Financial income75/76B | €57 | €8,165 | €168 | €8,126 | €6,423 | ▼ 21.0% |
| Recurring financial income75 | €57 | €8,165 | €168 | €8,126 | €6,423 | ▼ 21.0% |
| Financial charges65/66B | €1,144 | €1,343 | €10,324 | €1,810 | €7,142 | ▲ 295% |
| Recurring financial charges65 | €1,144 | €1,343 | €558 | €1,810 | €1,024 | ▼ 43.4% |
| Non-recurring financial charges66B | - | - | €9,766 | - | €6,118 | - |
| Profit (loss) for the period before taxes9903 | €57,654 | €81,357 | €27,357 | €9,928 | €14,350 | ▲ 44.5% |
| Transfer from deferred taxes780 | - | - | - | - | €1,000 | - |
| Income taxes67/77 | €4,519 | €4,283 | €9,497 | -€7,428 | €2,720 | ▲ 137% |
| Profit (loss) for the period9904 | €53,135 | €77,074 | €17,860 | €17,356 | €12,631 | ▼ 27.2% |
| Profit (loss) for the period to be appropriated9905 | €53,135 | €77,074 | €17,860 | €17,356 | €12,631 | ▼ 27.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €172,993 | €218,537 | €219,407 | €222,657 | €214,206 | ▼ 3.8% |
| Fixed assets21/28 | €72,625 | €60,418 | €72,820 | €63,122 | €36,630 | ▼ 42.0% |
| Intangible fixed assets21 | €25,153 | €16,333 | €6,973 | €6,008 | €3,358 | ▼ 44.1% |
| Tangible fixed assets22/27 | €45,822 | €42,435 | €59,697 | €50,564 | €26,722 | ▼ 47.2% |
| Plant, machinery and equipment23 | €45,745 | €42,128 | €59,697 | €49,483 | €25,950 | ▼ 47.6% |
| Furniture and vehicles24 | €77 | €307 | - | €1,081 | €772 | ▼ 28.6% |
| Financial fixed assets28 | €1,650 | €1,650 | €6,150 | €6,550 | €6,550 | = |
| Current assets29/58 | €100,368 | €158,119 | €146,587 | €159,535 | €177,576 | ▲ 11.3% |
| Amounts receivable within one year40/41 | €26,552 | €25,348 | €52,474 | €95,794 | €132,193 | ▲ 38.0% |
| Trade receivables40 | €9,065 | €4,844 | €1,971 | €10,399 | €2,203 | ▼ 78.8% |
| Other amounts receivable41 | €17,487 | €20,504 | €50,503 | €85,395 | €129,990 | ▲ 52.2% |
| Cash at bank and in hand54/58 | €70,761 | €124,307 | €85,183 | €56,354 | €39,018 | ▼ 30.8% |
| Deferred charges and accrued income490/1 | €3,055 | €8,464 | €8,930 | €7,387 | €6,365 | ▼ 13.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €172,993 | €218,537 | €219,407 | €222,657 | €214,206 | ▼ 3.8% |
| Equity10/15 | €89,058 | €166,132 | €183,992 | €179,898 | €146,028 | ▼ 18.8% |
| Contributions10/11 | €11,700 | €11,700 | €12,320 | €12,320 | €11,700 | ▼ 5.0% |
| Capital10 | €11,700 | €11,700 | - | - | - | - |
| Issued capital100 | €18,600 | €18,600 | - | - | - | - |
| Uncalled capital101 | €6,900 | €6,900 | - | - | - | - |
| Reserves13 | €24,078 | €24,078 | €23,458 | €23,458 | €35,708 | ▲ 52.2% |
| Non-distributable reserves130/1 | €620 | €620 | - | - | €620 | - |
| Legal reserve130 | €620 | €620 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €620 | - |
| Tax-exempt reserves132 | €23,458 | €23,458 | €23,458 | €23,458 | €22,458 | ▼ 4.3% |
| Distributable reserves133 | - | - | - | - | €12,631 | - |
| Profit (loss) carried forward14 | €53,280 | €130,354 | €148,214 | €144,120 | €98,620 | ▼ 31.6% |
| Amounts payable17/49 | €83,935 | €52,405 | €35,415 | €42,759 | €68,178 | ▲ 59.4% |
| Amounts payable after more than one year17 | €22,337 | €3,407 | - | - | - | - |
| Financial debts170/4 | - | €3,407 | - | - | - | - |
| Other amounts payable178/9 | €22,337 | - | - | - | - | - |
| Amounts payable within one year42/48 | €61,598 | €48,998 | €35,415 | €42,759 | €68,178 | ▲ 59.4% |
| Current portion of amounts payable after more than one year42 | €27,180 | €33,493 | €23,434 | €12,000 | €9,000 | ▼ 25.0% |
| Trade debts44 | €8,840 | €6,072 | €6,201 | €4,683 | €3,913 | ▼ 16.4% |
| Suppliers440/4 | €8,840 | €6,072 | €6,201 | €4,683 | €3,913 | ▼ 16.4% |
| Taxes, remuneration and social security45 | €11,318 | €9,433 | €5,780 | €4,626 | €9,765 | ▲ 111% |
| Taxes450/3 | €11,318 | €9,433 | €5,780 | €4,626 | €9,765 | ▲ 111% |
| Other amounts payable47/48 | €14,260 | - | - | €21,450 | €45,500 | ▲ 112% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €53,135 | €77,074 | €17,860 | €17,356 | €12,631 | ▼ 27.2% |
| + Depreciation and write-downs630 | €18,233 | €24,276 | €24,171 | €25,511 | €22,181 | ▼ 13.1% |
| Operating cash flow (approximation) | €71,368 | €101,350 | €42,031 | €42,867 | €34,811 | ▼ 18.8% |
| Investment in fixed assets (approximation) | - | -€12,069 | -€36,573 | -€15,813 | €4,311 | ▲ 127% |
| Change in cash | - | €53,546 | -€39,124 | -€28,829 | -€17,336 | ▲ 39.9% |
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
Next filing, fiscal year 2026, expected by
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2023
28-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-08
Financial
Highest result since 2019net €77,074 ▲45.1%
Operating result €74,535, net result €77,074, both a record.
31-08
Financial
Equity above €150,000Eq €166,132 ▲86.5%
3 profitable years in a row build equity to €166,132.
26-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 26 days late
2021
18-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-08
Financial
Back to profitnet €32,367
Net result €32,367 after one loss-making year.
24-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
14-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
22-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
16-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
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, Overijse · 1 establishment unit since 2012
Ground area
4,884 m²
Building footprint
151 m²
Volume, LiDAR
799 m³
Parcel 23546L0655/00N000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Jos. Kumpsstraat 44, 3090 Overijse
since 20122.207.212.927
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23546L0655/00N000 | Flanders | 4,884 m² | 1 · 151 m² | 8.4 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 2 entries · 4,722 EUR awarded · 4,722 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,875 EUR | 1,875 EUR |
| 2022 | 1 | 2,847 EUR | 2,847 EUR |
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Of 16,915 companies in sector 62100 we hold annual accounts for 8,786. 6,867 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-01-2012
Fiscal year end31-08
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
82100Office administrative and support services
82990Other business support services
85592Vocational training
93299Other amusement and recreation activities
Contact
E-mail
laurence.bauwelinckx@gmail.comOverijse
Phone
0477 99 76 07Overijse
E-invoicing
Reachable via Peppol
Peppol ID
0208:0843021555
Also
9925:BE0843021555
Registered
17-07-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.