TWIN V

Active

Private limited companyfounded 20233 yrs activeLt. Graffplein 15, 1780 Wemmel, BelgiumKBO/BCE: BE 0799.535.663

Summary

The computed 12-month bankruptcy probability of TWIN V is 5.4% (elevated). The 2024 annual accounts show equity of €119,179 and a net result of €97,479. Its solvency ranks better than 26% of 9972 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

TWIN VActiveChecked score 39/100

Risk analysis Report Compare

Activity

General construction of residential buildings

NACE 41001General construction of buildings NACE 41201

#10 company by total assets in Wemmel, Construction sector1 site

Size

€546,559turnover 2024

Equity: €119,179
Profit: €97,479

Financial health

39 Weak Checked score 2024

Bankruptcy chance 12 m: 5.4%

Structure

Accounts 63 d overdue0 of 1 deed read

Why 39- 1 financial year not filed after the legal deadline; latest accounts 58 days late; 2 of the last 3 late- Sector Construction of residential and non-residential buildings (NACE 41)- Founded in 2023- Figures for FY 2024 (filed 30-09-2025)Show the evidence

Checked score

Score 2024

39 / 100

Weak

Probability in this band: 4.2% to 15.0%

Better than 64% of its sector peers (NACE 41, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2023

Strong

Solvency 44-47

equity 19.3% of total assets

Liquidity 56-14

short-term debt 2.1% · cash 4.9%

Profitability 90+5

return on assets 15.8%

Bankruptcy probability, 12 months

5.4% Elevated

0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.6% (13,168 companies)

Last 9 months 02-2026: 3.8%lowest value 03-2026: 4.1%▲ +8.3% vs 02-2026 04-2026: 4.1%▼ -0.8% vs 03-2026 05-2026: 4.0%▼ -2.1% vs 04-2026 06-2026: 4.2%▲ +6.0% vs 05-2026 07-2026: 4.5%▲ +5.4% vs 06-2026 08-2026: 5.0%▲ +12.7% vs 07-2026 09-2026: 5.1%▲ +1.5% vs 08-2026 10-2026: 5.4%▲ +5.9% vs 09-2026highest value

1 financial year not filed after the legal deadline; latest accounts 58 days late; 2 of the last 3 late raises the probability
Sector Construction of residential and non-residential buildings (NACE 41) raises the probability
Founded in 2023 raises the probability for this profile
Figures for FY 2024 (filed 30-09-2025) raises the probability

Credit up to €4,500 at 30 days only on tighter terms

Liquidity ample (current ratio 3.99 against 2.78 in 2023; short-term debt: 2.1% and cash: 4.9% of total assets), but 80.7% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 41, micro). Better than this share of them on solvency 26%, liquidity 61%, profitability 75%, growth against the median 95%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

1 financial year not filed after the legal deadline; latest accounts 58 days late; 2 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Sector Construction of residential and non-residential buildings (NACE 41)

In the bankruptcy model this factor raises the probability.

KBO

Founded in 2023

In the bankruptcy model this factor raises the probability for this profile.

KBO

Figures for FY 2024 (filed 30-09-2025)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-09-2025, 58 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 2 filings

Deviation from the deadline

2025

not confirmed

2024

58 d late

2023

42 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 50 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

27-09-25 Annual accounts filedfiscal year 2024 · micro…
31-12-24 Equity above €100,000Eq €119,179 ▲449%
11-09-24 Annual accounts filedfiscal year 2023 · micro…

Key points

Positive: Turnover rose in 2024from €215,060 to €546,559 ▲ 154% View
Positive: Among the best 5% on net resultsector median €7,818 · 9,960 companies €97,479 View
Caution: Accounts not fileddeadline was 31-07-2026 63 d late View