Twikey
ActiveSummary
Twikey has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.6m and a net result of €378,519. Equity is growing by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 77% of 481 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability91▲+13
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140,000 at 30 days acceptable
Liquidity ample (current ratio 3.72 against 3.3 in 2023; short-term debt: 19% and cash: 8.7% of total assets), and 22% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five 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 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% 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 2024Solvency, return and age of the figures
Solvency
78%
Return on assets
17.9%
Age of the figures
21 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 · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 d early
2024
23 d early
2023
1 d early
2022
11 d early
2021
51 d early
2020
27 d late
2019
25 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 17 days before the deadline; the sector median for financial year 2024 is 10 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 8 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, abbreviated schema
In the rankings
#6 fastest grower in Ghent, Telecoms and IT sector
Equity
€1.6m▲ 29.9%
2023 · €1.3m
Total assets
€2.1m▲ 25.1%
2023 · €1.7m
Net result
€378,519▲ 195%
2023 · €128,309
Working capital
€1.1m▲ 31.9%
2023 · €829,846
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service 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
Line20202021202220232024
Operating result€204,852▲ 32.4%€45,312▼ 77.9%€114,948▲ 154%€178,016▲ 54.9%€519,053▲ 192%
Net result€217,784above the sector's middle half▲ 36.5%€32,834within the sector's middle half▼ 84.9%€80,002within the sector's middle half▲ 144%€128,309above the sector's middle half▲ 60.4%€378,519above the sector's middle half▲ 195%
Equity€1.0mabove the sector's middle half▲ 26.9%€1.1mabove the sector's middle half▲ 3.2%€1.1mabove the sector's middle half▲ 7.6%€1.3mabove the sector's middle half▲ 11.3%€1.6mabove the sector's middle half▲ 29.9%
Total assets€1.4mwithin the sector's middle half▲ 18.8%€1.5mwithin the sector's middle half▲ 7.7%€1.5mwithin the sector's middle half▲ 1.2%€1.7mwithin the sector's middle half▲ 8.9%€2.1mabove the sector's middle half▲ 25.1%
Debt€394,120▲ 1.7%€469,967▲ 19.2%€409,050▼ 13.0%€419,198▲ 2.5%€464,273▲ 10.8%
Working capital€821,529above the sector's middle half▲ 25.7%€725,238above the sector's middle half▼ 11.7%€734,119above the sector's middle half▲ 1.2%€829,846above the sector's middle half▲ 13.0%€1.1mabove the sector's middle half▲ 31.9%
Solvency72.2%within the sector's middle half▲ 4.7pp69.3%within the sector's middle half▼ 3.0pp73.6%above the sector's middle half▲ 4.3pp75.1%above the sector's middle half▲ 1.6pp78.0%above the sector's middle half▲ 2.9pp
Current ratio4.63above the sector's middle half▼ 0.062.94within the sector's middle half▼ 1.692.90within the sector's middle half▼ 0.043.30within the sector's middle half▲ 0.403.72above the sector's middle half▲ 0.42
Return on assets (ROA)15.3%within the sector's middle half▲ 2.0pp2.1%within the sector's middle half▼ 13.2pp5.2%within the sector's middle half▲ 3.0pp7.6%within the sector's middle half▲ 2.4pp17.9%above the sector's middle half▲ 10.3pp
Staff (FTE)6.9within the sector's middle half▲ 116%10.7within the sector's middle half▲ 55.1%14.6above the sector's middle half▲ 36.4%18.8above the sector's middle half▲ 28.8%19.7above the sector's middle half▲ 4.8%
above
within
below
the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 192% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.1m
Fixed assets
€613,102 ▲ 23.6%
Current assets
€1.5m ▲ 25.7%
Equity and liabilities €2.1m
Equity
€1.6m ▲ 29.9%
Debt
€464,273 ▲ 10.8%
Debt's share of the balance-sheet total falls from 24.9% to 22.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€648,790▲
2023 · €303,053
Cash flow
€508,257▲
2023 · €253,346
Debt to equity
0.28▼
2023 · 0.33
ROE
23.0%▲
2023 · 10.1%
Interest coverage
85.88▲
2023 · 44.26
Debt ≤ 1 year
€401,881▲
2023 · €360,575
Income taxes
€139,570▲
2023 · €49,500
Staff costs
€1.9m▲
2023 · €1.7m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.3%
went bankrupt
3.2%
stopped otherwise
97%
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 17,811 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €0 | - | €167 | €551 | ▲ 231% |
| Remuneration, social security and pensions62 | - | €778,967 | €1.1m | €1.7m | €1.9m | ▲ 14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €119,440 | €143,211 | €138,539 | €125,037 | €129,738 | ▲ 3.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €5,506 | -€1,793 | ▼ 133% |
| Other operating charges640/8 | - | €6,677 | €5,638 | €5,745 | €13,944 | ▲ 143% |
| Non-recurring operating charges66A | - | - | - | €232 | €4,260 | ▲ 1,734% |
| Gross operating margin9900 | €787,568 | €974,167 | €1.3m | €2.0m | €2.6m | ▲ 30.0% |
| Operating profit (loss)9901 | €204,852 | €45,312 | €114,948 | €178,016 | €519,053 | ▲ 192% |
| Financial income75/76B | - | €11,945 | €12,612 | €6,639 | €6,591 | ▼ 0.7% |
| Recurring financial income75 | €12,651 | €11,945 | €12,612 | €6,639 | €6,591 | ▼ 0.7% |
| Financial charges65/66B | - | €14,132 | €9,286 | €6,847 | €7,555 | ▲ 10.3% |
| Recurring financial charges65 | €7,506 | €14,132 | €9,286 | €6,847 | €7,555 | ▲ 10.3% |
| Profit (loss) for the period before taxes9903 | €209,996 | €43,125 | €118,274 | €177,809 | €518,089 | ▲ 191% |
| Income taxes67/77 | -€7,788 | €10,291 | €38,272 | €49,500 | €139,570 | ▲ 182% |
| Profit (loss) for the period9904 | €217,784 | €32,834 | €80,002 | €128,309 | €378,519 | ▲ 195% |
| Profit (loss) for the period to be appropriated9905 | €217,784 | €32,834 | €80,002 | €128,309 | €378,519 | ▲ 195% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €1.5m | €1.5m | €1.7m | €2.1m | ▲ 25.1% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €372,299 | €429,967 | €427,279 | €495,890 | €613,102 | ▲ 23.6% |
| Intangible fixed assets21 | €332,374 | €316,019 | €319,657 | €403,405 | €517,105 | ▲ 28.2% |
| Tangible fixed assets22/27 | €8,125 | €62,215 | €55,889 | €42,552 | €46,064 | ▲ 8.3% |
| Plant, machinery and equipment23 | - | - | - | - | €1,727 | - |
| Furniture and vehicles24 | - | €14,674 | €14,864 | €12,263 | €24,784 | ▲ 102% |
| Other tangible fixed assets26 | - | €47,541 | €41,024 | €30,289 | €19,553 | ▼ 35.4% |
| Financial fixed assets28 | €31,800 | €51,733 | €51,733 | €49,933 | €49,933 | = |
| Current assets29/58 | €1.0m | €1.1m | €1.1m | €1.2m | €1.5m | ▲ 25.7% |
| Amounts receivable after more than one year29 | - | €490,442 | €254,457 | €67,337 | €0 | ▼ 100% |
| Trade receivables290 | - | €490,442 | €254,457 | €67,337 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €324,910 | €329,463 | €353,768 | €675,731 | €668,260 | ▼ 1.1% |
| Trade receivables40 | - | €293,314 | €345,281 | €666,673 | €649,492 | ▼ 2.6% |
| Other amounts receivable41 | - | €36,149 | €8,486 | €9,059 | €18,768 | ▲ 107% |
| Current investments50/53 | - | - | - | - | €600,000 | - |
| Cash at bank and in hand54/58 | €233,807 | €200,342 | €467,523 | €408,680 | €182,777 | ▼ 55.3% |
| Deferred charges and accrued income490/1 | - | €78,555 | €44,827 | €38,672 | €45,765 | ▲ 18.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €1.5m | €1.5m | €1.7m | €2.1m | ▲ 25.1% |
| Equity10/15 | €1.0m | €1.1m | €1.1m | €1.3m | €1.6m | ▲ 29.9% |
| Contributions10/11 | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Capital10 | - | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Issued capital100 | - | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Reserves13 | - | €440 | €88,804 | €217,113 | €595,632 | ▲ 174% |
| Non-distributable reserves130/1 | - | €440 | €4,440 | €10,856 | €29,782 | ▲ 174% |
| Legal reserve130 | - | €440 | €4,440 | €10,856 | €29,782 | ▲ 174% |
| Distributable reserves133 | - | - | €84,364 | €206,257 | €565,850 | ▲ 174% |
| Profit (loss) carried forward14 | -€24,032 | €8,362 | €0 | - | - | - |
| Amounts payable17/49 | €394,120 | €469,967 | €409,050 | €419,198 | €464,273 | ▲ 10.8% |
| Amounts payable after more than one year17 | €158,563 | €86,744 | €12,591 | €0 | - | - |
| Financial debts170/4 | - | €86,744 | €12,591 | €0 | - | - |
| Amounts payable within one year42/48 | €226,260 | €373,564 | €386,456 | €360,575 | €401,881 | ▲ 11.5% |
| Current portion of amounts payable after more than one year42 | - | €71,818 | €74,153 | €12,591 | €0 | ▼ 100% |
| Financial debts43 | - | €8,360 | €0 | - | - | - |
| Credit institutions430/8 | - | €8,360 | €0 | - | - | - |
| Trade debts44 | €58,670 | €121,366 | €110,748 | €52,570 | €92,115 | ▲ 75.2% |
| Suppliers440/4 | - | €121,366 | €110,748 | €52,570 | €92,115 | ▲ 75.2% |
| Taxes, remuneration and social security45 | - | €130,947 | €200,096 | €293,924 | €307,817 | ▲ 4.7% |
| Taxes450/3 | - | €43,388 | €76,534 | €111,485 | €121,278 | ▲ 8.8% |
| Remuneration and social security454/9 | - | €87,559 | €123,562 | €182,439 | €186,539 | ▲ 2.2% |
| Other amounts payable47/48 | - | €41,073 | €1,459 | €1,489 | €1,950 | ▲ 31.0% |
| Accrued charges and deferred income492/3 | - | €9,658 | €10,003 | €58,623 | €62,391 | ▲ 6.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €217,784 | €32,834 | €80,002 | €128,309 | €378,519 | ▲ 195% |
| + Depreciation and write-downs630 | €119,440 | €143,211 | €138,539 | €125,037 | €129,738 | ▲ 3.8% |
| Operating cash flow (approximation) | €337,224 | €176,045 | €218,541 | €253,346 | €508,257 | ▲ 101% |
| Investment in fixed assets (approximation) | - | -€200,879 | -€135,851 | -€193,648 | -€246,950 | ▼ 27.5% |
| Change in cash | - | -€33,465 | €267,181 | -€58,843 | -€225,903 | ▼ 284% |
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
23-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €378,519 ▲195%
Operating result €519,053, net result €378,519, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €32,834 ▼84.9%
Net result drops to €32,834, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
31-12
Financial
Equity above €1mEq €1.0m ▲26.9%
3 profitable years in a row build equity to €1.0m.
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-07
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 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
10 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, Gent · 1 establishment unit since 2013
Ground area
1,419 m²
Building footprint
600 m²
Volume, LiDAR
1,558 m³
Parcel 44062B0064/00A004, Flanders · tallest building 15.8 m. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Twikey
since 20132.219.409.884
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44062B0064/00A004 | Flanders | 1,419 m² | 1 · 600 m² | 15.8 m |
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.
Structure & network
Owners and holdings
2 owners · 1 holdingOwners 2
-
23.23%
-
12.48%
Holdings 1
-
100%
According to the 2024 annual accounts of Twikey and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 8 entries · 377,623 EUR awarded · 19,150 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 360,973 EUR | 5,000 EUR |
| 2024 | 2 | 14,061 EUR | 11,561 EUR |
| 2023 | 2 | 2,500 EUR | 2,589 EUR |
| 2022 | 1 | 89 EUR | 0 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
2549008JK2STSTB6LE97
Similar companies · same sector, comparable size
Bas Wauben Holding
BE 0668.373.451
Zutendaal · Eq €1,629,087
SIX Financial Information Belgium
BE 0415.238.687
Brussel · Eq €1,677,509
European Biogas Association
BE 0811.023.928
Etterbeek · Eq €1,678,249
OPUS LABS
BE 0679.819.946
Gent · Eq €1,682,448
SQUEEZE BELGIUM
BE 0892.451.666
Zoersel · Eq €1,606,623
Of 3,149 companies in sector 63920 we hold annual accounts for 1,525. 506 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded29-04-2013
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
63920Other information service activities
63100Computing infrastructure, data processing, hosting and related activities
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0533800797
Also
9925:BE0533800797
Registered
12-10-2025
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.