Liquidity
Short-term debts rose from €4,937 to €17,806.
Short-term debts rose from €4,937 to €17,806.
The 2023 accounts came latest: 268 days after the end of the period.
Higher solvency than 80% of companies in real estate. Sector median 31.0% · 19,803 companies.
In July 2024, 3,592 companies had the same profile as Twigo has now. Each dot stands for 9 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 3,592 companies, not a prediction for Twigo. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| Twigo Kontich | €68,720 | -€7,574 | 74.1% | - |
| W Properties & Management Ixelles | €50,673 | -€5,399 | -114.4% | - |
| IMMO+ SOLUTIONS Hechtel-Eksel | €45,852 | €572 | 57.0% | - |
| ARTHEMI Wezembeek-Oppem | €49,123 | -€7,096 | 84.3% | - |
| MFM IMMO Antwerp | €90,653 | -€1,645 | -59.5% | - |
| CONSULTIMM Brasschaat | €169,954 | -€1,468 | 40.4% | - |
| SUSTINILIO Mechelen | €33,348 | -€21,925 | -23.9% | - |
These companies have the same main activity as Twigo: property management for co-owned buildings (syndics) (NACE 68321). They are comparable in size and age: total assets between €33,300 and €170,000, founded between 2013 and 2021.
Twigo files the micro format. That format states no turnover. The gross margin fell from €21,870 in 2018 to -€7,574 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.
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