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TWIN TIPS

Active Private limited companyfounded 2020active for 6 yearsMechelsesteenweg 268, 2550 KontichKBO/BCE: BE 0741.457.607

Lifetime

3 annual accounts with figures on one time axis
peak €16,515 (2023)
-€13,940▼ €4,016
lowest -€14,484 (2025)
-€14,484▼ €4,090
peak €52,894 (2023)
€28,016▼ 34.1%
€21,789▲ 34×
Board2 names since 2020
1 director
Documentsfilings and deeds
21-01-202610 days before the deadline
2025micro format
Gross margin from -€9,924 to -€13,940Loss of €14,484Equity from €42,500 to €28,016Debts from €642 to €21,789Cash from €20,471 to €34,805

Key points

from the 2025 annual accounts

Losses

-€24,878 in two years
-10,3942024-14,4842025

The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.

Liquidity

1.60 was 43.83 in 2024

Short-term debts rose from €642 to €21,789.

Position in the sector

-€14,484

Lower net result than 86% of companies in travel agencies. Sector median €5,592 · 559 companies.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,591 companies had the same profile as TWIN TIPS has now. Each dot stands for 9 companies, two years later.

87.4%
were still trading
9.4%
stopped another way
3.0%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.3% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 3,591 companies, not a prediction for TWIN TIPS. 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.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 02-01-2020
  • 1,125 sharesdeed of 14-09-2021
  • 1,125 sharesdeed of 14-09-2021
Board & ownership

Recent changes

Registered office moved from Haacht to Kontich New registered office: Mechelsesteenweg 268 te 2550 Kontich · Previous registered office: Wijgmaalsesteenweg 39 te 3150 Haacht · Resignation: (director) · General meeting of 31-08-2023 · Gazette deed
Reappointments: (director) and (director) Legal-form conversion: from general partnership to private limited company · General meeting of 24-08-2022 · Gazette deed
Capital increase of €22,500 to €25,000 Capital after the increase: €25,000, 2,250 new shares · holds 1,125 shares · holds 1,125 shares · General meeting of 30-06-2021 · Gazette deed
Incorporation Founding capital of €2,500, 250 shares · Founders: and · Appointments: (manager) and (manager) · published on 15-01-2020 · Gazette deed
All 10 events

Comparable companies

same main activity, similar in size and age
Company
TWIN TIPS Kontich €49,805 -€13,940 56.3% -
SEWELIA Molenbeek-Saint-Jean €33,086 -€4,447 67.8% -
XM-Adventure Durbuy €90,950 -€51,951 88.6% -
PIHITI Léglise €26,146 -€1,678 -195.1% -
Our Place Beerse €60,892 €2,768 -69.5% -
DM Devils Travels Edegem €18,737 -€2,102 40.5% -
Nelson&Nelson Temse €34,687 -€2,071 98.0% -

These companies have the same main activity as TWIN TIPS: travel agency, tour operator and other reservation service and related activities (NACE 79120). They are comparable in size and age: total assets between €18,700 and €91,000, founded between 2016 and 2021.

Official details

Source: KBO
Status
Active since 13-01-2020Normal situation
Activity
Travel agency, tour operator and other reservation service and related activitiesNACE 79120and 3 others
Establishment unit
2.297.618.8082550 Kontich, since 13-01-2020
Financial year end
30 June
Peppol
Reachable
Company details

Annual accounts to 30-06-2025

€49,805▲ 15.4%
Filing
Filed on 21-01-2026, 10 days before the end of the filing period
Financials

Insights on TWIN TIPS

TWIN TIPS files the micro format. That format states no turnover. The gross margin fell from €16,515 in 2023 to -€13,940 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.

Key facts about TWIN TIPS

What is the company number of TWIN TIPS?
The company number of TWIN TIPS is 0741.457.607. The VAT number is the same number with BE in front: BE 0741.457.607.
Where is TWIN TIPS based?
The registered office is at Mechelsesteenweg 268, 2550 Kontich.Company details
What does TWIN TIPS do?
According to the KBO register, the main activity is travel agency, tour operator and other reservation service and related activities (NACE 79120).
What is the legal form of TWIN TIPS?
TWIN TIPS is a private limited company (BV).
When was TWIN TIPS founded?
TWIN TIPS was founded on 13-01-2020.
Is TWIN TIPS still active?
Yes, TWIN TIPS is an active enterprise in the KBO register.
What is the turnover of TWIN TIPS?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is TWIN TIPS profitable?
In financial year 2025, TWIN TIPS made a loss of €14,484.
Where can I find the annual accounts of TWIN TIPS?
TWIN TIPS filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TWIN TIPS due?
TWIN TIPS must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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