Twin Worx
ActiveFrom the official registers: KBO 19 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
Twin Worx has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €60,405 and a net result of €12,279. Equity has been growing by about 16% per year since 2019. Its solvency ranks better than 87% of 2,331 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
KBO- Status
- Active since 09-05-2006 Normal situation
- Legal form
- Private limited company
- Registered office
- Korenstraat 24, 3321 Hoegaarden
- Activity
- Manufacture of metal structures and parts of structures NACE 25110
- Establishment unit
- 2.155.526.476 3321 Hoegaarden, since 01-07-2006
- Financial year end
- 30 September
- Peppol
- Reachable since 10-10-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €29,495
- ▲ 56.6%
- Turnover
- ≈ €120,000
- estimated
- Profit
- €12,279
- ▲ 31.1%
- Equity
- €60,405
- ▲ 25.5%
- Total assets
- €72,895
- ▲ 25.5%
- Staff
- ≈ 0 FTE
- estimated
Score breakdownraises riskSize: total assets €72,895Last filed accounts filed 31 days late; 1 of the last 3 accounts latelowers riskLiquidity: current ratio 4.61, cash €15,381Founded in 2006Show the evidence
Checked score
About 2 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 25, micro). It does better than 90% of them on solvency, 72% on liquidity, 80% on profitability and 76% 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
The company filed its last 7 accounts on average 8 days after the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
Key points
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 31-05-2026
- Annual accounts 2024filed on 30-04-2025
- Annual accounts 2023filed on 29-05-2024
- Annual accounts 2022filed on 28-04-2023
Acts in the Belgian Official Gazette
All publications in the Belgian Official GazetteArticles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about Twin Worx
- What is the company number of Twin Worx?
- The company number of Twin Worx is 0881.507.690. The VAT number is the same number with BE in front: BE 0881.507.690.
- Where is Twin Worx based?
- The registered office is at Korenstraat 24, 3321 Hoegaarden.Company details
- What does Twin Worx do?
- According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
- What is the legal form of Twin Worx?
- The legal form of Twin Worx is Private limited company (BV).
- When was Twin Worx founded?
- Twin Worx was founded on 09-05-2006.
- Is Twin Worx still active?
- Yes, Twin Worx is an active enterprise in the KBO register.
- What is the turnover of Twin Worx?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €29,495 and 2,949 comparable companies of the same size. It probably lies between €71,000 and €210,000. It is a rough estimate.Financials
- Is Twin Worx profitable?
- In financial year 2025, Twin Worx made a profit of €12,279.
- Where can I find the annual accounts of Twin Worx?
- Twin Worx filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
- When are the next annual accounts of Twin Worx due?
- Twin Worx must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Comparable companies
These companies have the same main activity as Twin Worx: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €60,400 and €92,200, founded between 1998 and 2010.
| Company | Total assets | Gross margin |
|---|---|---|
| Twin Worx Hoegaarden | €72,895 | €29,495 |
| Eggermont & Partners Lendelede | €80,322 | €28,448 |
| OMEGA SOUDURE Charleroi | €74,162 | €26,347 |
| DE GROODT J. LASBEDRIJF Heist-op-den-Berg | €85,430 | €27,604 |
| AMSO Houthalen-Helchteren | €60,449 | €26,105 |
| HEIN'S SOLUTIONS Halle | €92,201 | €37,835 |
| METAAL- EN SIERSMEEDWERKEN VANDEVOORDT LUCIEN Kortenaken | €85,584 | €35,974 |
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