TWIN PETROLEUM
ActiveFrom the official registers: KBO 26 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
TWIN PETROLEUM has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €505,254 and a net result of €243,195. Equity has been shrinking by about 7.5% per year since 2018. Its solvency ranks better than 30% of 57 sector peers (NACE 92, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 17-02-2000 Normal situation
- Activity
- Gambling and betting activities NACE 92000and 5 others
- Establishment unit
- 2.116.000.857 1030 Schaarbeek, since 26-10-2000
- Financial year end
- 31 December
- Peppol
- Reachable since 03-02-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €547,445
- ▲ 10.8%
- Turnover
- ≈ €1.3m
- estimated
- Profit
- €243,195
- ▲ 20.5%
- Equity
- €505,254
- ▼ 12.3%
- Total assets
- €1.1m
- ▲ 4.6%
- Employees on 31-12-2025
- 6
Score breakdownraises risk1 of the last 3 accounts latelowers riskLiquidity: current ratio 1.45, cash €283,417Founded in 2000Equity €505,254 (47.4% of total assets)Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 92, micro). It does better than 38% of them on solvency, 61% on liquidity, 82% on profitability and 26% on growth.
The bankruptcy probability was computed on 01-11-2026 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
The company filed its last 7 accounts on average 14 days before the deadline. In the sector (NACE 92), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: 8 profitable years in a rowprofit 2025: €243,195 8 years View
Comparable companies
These companies have the same main activity as TWIN PETROLEUM: gambling and betting activities (NACE 92000). They are comparable in size and age: total assets between €672,000 and €1.8m, founded between 1996 and 2004.
| Company | Total assets | Gross margin |
|---|---|---|
| TWIN PETROLEUM Schaarbeek | €1.1m | €0.5m |
| MAGIC GAMING COMPANY Grimbergen | €0.9m | €0.6m |
| SPEELHAL SELECT Grimbergen | €1.8m | €0.9m |
| THE FLAMINGO Anderlecht | €0.7m | €0.3m |
| ALOHA Sint-Jans-Molenbeek | €0.9m | €0.2m |
| FORTUNA 2000 Brussel | €0.8m | €0.9m |
| JANA Sint-Jans-Molenbeek | €1.1m | €0.7m |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 28-07-2026
- Annual accounts 2024filed on 16-07-2025
- Annual accounts 2023filed on 02-10-2024
- Annual accounts 2022filed on 20-06-2023
Acts in the Belgian Official Gazette
- Amendment of the articles · Resignations & appointmentsact of 27-01-2023
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about TWIN PETROLEUM
- What is the company number of TWIN PETROLEUM?
- The company number of TWIN PETROLEUM is 0470.957.863. The VAT number is the same number with BE in front: BE 0470.957.863.
- Where is TWIN PETROLEUM based?
- The registered office is at Jerusalemstraat 66, 1030 Schaarbeek.Company details
- What does TWIN PETROLEUM do?
- According to the KBO register, the main activity is gambling and betting activities (NACE 92000).
- What is the legal form of TWIN PETROLEUM?
- The legal form of TWIN PETROLEUM is Public limited company (NV).
- When was TWIN PETROLEUM founded?
- TWIN PETROLEUM was founded on 17-02-2000.
- Is TWIN PETROLEUM still active?
- Yes, TWIN PETROLEUM is an active enterprise in the KBO register.
- How many employees does TWIN PETROLEUM have?
- TWIN PETROLEUM had an average of 5.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of TWIN PETROLEUM?
- The turnover in financial year 2025 is ≈ €1.3m. This figure is estimated from the gross margin of €547,445 and 2,285 comparable companies of the same size. It probably lies between €780,000 and €2.2m. It is a rough estimate.
- Is TWIN PETROLEUM profitable?
- In financial year 2025, TWIN PETROLEUM made a profit of €243,195.
- Where can I find the annual accounts of TWIN PETROLEUM?
- TWIN PETROLEUM filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of TWIN PETROLEUM due?
- TWIN PETROLEUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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