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Twin Estate

Active
Private limited companyfounded 2021active for 5 yearsStrandschelplaan 2, 8400 Oostende, BelgiumKBO/BCE: BE 0769.886.228

From the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Twin Estate has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €68,326 and a net result of €63,438. Equity has been growing by about 120% per year since 2023. Its solvency ranks better than 78% of 388 sector peers (NACE 68, financial year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

KBO
Status
Active since 21-06-2021 Normal situation
Legal form
Private limited company
Registered office
Strandschelplaan 2, 8400 Oostende
Activity
Real estate agency activities NACE 68310and 1 other
Establishment unit
2.318.484.694 8400 Oostende, since 21-06-2021
Financial year end
31 March
Peppol
Reachable since 02-09-2025

Board and ownership

Board
  • De Plecker PhyllisDirector · since 21-06-2021
  • Vandewalle WimDirector · since 21-06-2021

Financial position

93 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts to 31-03-2026
Gross margin
€91,939
▲ 91.6%
Turnover
≈ €190,000
estimated
Profit
€63,438
▲ 139%
Equity
€68,326
▲ 95.8%
Total assets
€87,635
▲ 78.6%
2026 accounts filed 40 days before the deadline
Filed on 21-09-2026at the National Bank
Score breakdownraises riskSize: total assets €87,635lowers riskSector: Real estate activities (NACE 68)Liquidity: current ratio 4.28, cash €11,978Figures for financial year 2026 (filed on 21-09-2026)Show the evidence

Checked score

Score 2026
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 87% of micro companies in real estate (NACE 68)
Financial strength · tick: 2025
Strong
Solvency 100+4
equity 78.0% of total assets
Liquidity 60-7
short-term debt 21.7% · cash 13.7%
Profitability 100=
return on assets 72.4%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,628 companies, NACE 68, micro)
Last 24 months 11-2024: 0.8%highest value 12-2024: 0.8%● unchanged vs 11-2024highest value 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.6%▼ -0.2 percentage points vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%▼ -0.6 percentage points vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.28 (2.65 in 2025), above the usual 1.5. Short-term debt is 21.7% and cash 13.7% of total assets. 22% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 91% of them on solvency, 71% on liquidity, 95% on profitability and 91% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Size: total assets €87,635
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 4.28, cash €11,978
NBB · annual accounts
lowers risk · Figures for financial year 2026 (filed on 21-09-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 21-09-2026, 40 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2026
40 days early
2025
120 days early
2024
7 days early
2023
4 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 43 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 8 October (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 80% of companies in real estatesector median €10,637 · 387 companies €63,438 View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Twin Estate

What is the company number of Twin Estate?
The company number of Twin Estate is 0769.886.228. The VAT number is the same number with BE in front: BE 0769.886.228.
Where is Twin Estate based?
The registered office is at Strandschelplaan 2, 8400 Oostende.Company details
What does Twin Estate do?
According to the KBO register, the main activity is real estate agency activities (NACE 68310).
What is the legal form of Twin Estate?
The legal form of Twin Estate is Private limited company (BV).
When was Twin Estate founded?
Twin Estate was founded on 21-06-2021.
Is Twin Estate still active?
Yes, Twin Estate is an active enterprise in the KBO register.
What is the turnover of Twin Estate?
The turnover in financial year 2026 is ≈ €190,000. This figure is estimated from the gross margin of €91,939 and 32 comparable companies (NACE 683). It probably lies between €120,000 and €250,000.Financials
Is Twin Estate profitable?
In financial year 2026, Twin Estate made a profit of €63,438.
Where can I find the annual accounts of Twin Estate?
Twin Estate filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2026.Annual accounts at the National Bank
When are the next annual accounts of Twin Estate due?
Twin Estate must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

Comparable companies

These companies have the same main activity as Twin Estate: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €80,600 and €112,000, founded between 2020 and 2021.

CompanyTotal assetsGross margin
Twin Estate Oostende€87,635€91,939
IBP Real Estate Kortemark€80,581€91,934
HUIS ID Gistel€112,326€102,333
Mathinvest Vastgoed Bonheiden€83,839€101,180
Phil & Concept Oudergem€85,105€95,269
Bolio Edegem€93,021€104,718
JACQ. Real Estate Grimbergen€104,157€104,020
Full comparison

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