TWIN4U
ActiveTWIN4U has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €185k and a net result of €34k. Equity is growing by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 43% of 1513 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-1
Solvency65=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity tight (current ratio 1.11 against 1.15 in 2024; short-term debt: 21.1% and cash: 1.2% of total assets), and 60.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Sector 59
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
39.6%
Return on assets
7.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
48 d early
2023
34 d early
2022
42 d early
2021
33 d early
2020
23 d early
2019
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€185k▼ 8.7%
2024 · €203k
2018: €156k
2019: €165k
2020: €103k
2021: €123k
2022: €168k
2023: €223k
2024: €203k
2018 → 2025
Total assets
€468k▼ 6.7%
2024 · €501k
2018: €599k
2019: €485k
2020: €438k
2021: €429k
2022: €394k
2023: €467k
2024: €501k
2018 → 2025
Net result
€34k▼ 21.0%
2024 · €43k
2018: €52k
2019: €9k
2020: €-62k
2021: €19k
2022: €45k
2023: €55k
2024: €43k
2018 → 2025
Working capital
€11k▼ 34.4%
2024 · €17k
2018: €32k
2019: €-20k
2020: €58k
2021: €63k
2022: €630
2023: €3k
2024: €17k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€123k-€168k▲ 37.1%€223k▲ 32.8%€203k▼ 9.1%€185k▼ 8.7%
Operating result€25k-€55k▲ 118%€76k▲ 38.1%€70k▼ 7.6%€60k▼ 13.9%
Net result€19k-€45k▲ 135%€55k▲ 21.2%€43k▼ 22.1%€34k▼ 21.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €468k
Fixed assets
€358k▼ 4.2%
Current assets
€110k▼ 14.0%
Equity and liabilities €468k
Equity
€185k▼ 8.7%
Debt
€282k▼ 5.4%
The debt ratio rises from 59.5% to 60.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€162k▲
2024 · €153k
Cash flow
€136k▲
2024 · €126k
Solvency
39.6%▼
2024 · 40.5%
Current ratio
1.11▼
2024 · 1.15
Quick ratio
1.11▼
2024 · 1.15
Debt / equity
1.52▲
2024 · 1.47
ROE
18.3%▼
2024 · 21.2%
ROA
7.2%▼
2024 · 8.6%
Interest coverage
9.64▼
2024 · 15.50
Debt
€282k▼
2024 · €298k
Debt ≤ 1 year
€99k▼
2024 · €111k
Debt > 1 year
€184k▼
2024 · €187k
Income taxes
€14k▼
2024 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€501k€468k▼
Fixed assets21/28€374k€358k▼
Intangible fixed assets21€139€0▼
Tangible fixed assets22/27€374k€358k▼
Land and buildings22€77k€71k▼
Plant, machinery and equipment23€109k€76k▼
Furniture and vehicles24€7k€3k▼
Leasing and similar rights25€182k€208k▲
Financial fixed assets28€15€15=
Current assets29/58€128k€110k▼
Amounts receivable within one year40/41€16k€8k▼
Trade receivables40€15k€7k▼
Other amounts receivable41€1k€1k▲
Current investments50/53€105k€92k▼
Cash at bank and in hand54/58€3k€5k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€501k€468k▼
Equity10/15€203k€185k▼
Contributions10/11€19k€19k=
Reserves13€182k€165k▼
Distributable reserves133€182k€165k▼
Profit (loss) carried forward14€2k€2k▲
Amounts payable17/49€298k€282k▼
Amounts payable after more than one year17€187k€184k▼
Financial debts170/4€187k€184k▼
Amounts payable within one year42/48€111k€99k▼
Current portion of amounts payable after more than one year42€60k€72k▲
Financial debts43€12k€917▼
Credit institutions430/8€2k€917▼
Other loans439€11k-
Trade debts44€7k€6k▼
Suppliers440/4€7k€6k▼
Taxes, remuneration and social security45€26k€20k▼
Taxes450/3€26k€20k▼
Other amounts payable47/48€5k-
Income statement
Code20242025
Non-recurring operating income76A€21k€3k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€83k€102k▲
Other operating charges640/8€5k€4k▼
Gross operating margin9900€158k€167k▲
Operating profit (loss)9901€70k€60k▼
Financial income75/76B€831€5k▲
Recurring financial income75€831€5k▲
Financial charges65/66B€10k€17k▲
Recurring financial charges65€10k€17k▲
Profit (loss) for the period before taxes9903€61k€48k▼
Income taxes67/77€18k€14k▼
Profit (loss) for the period9904€43k€34k▼
Profit (loss) for the period to be appropriated9905€43k€34k▼
Appropriation of the result
Profit (loss) to be appropriated9906€45k€36k▼
Profit (loss) brought forward from the previous period14P€2k€2k▲
Transfer from equity791/2€63k€52k▼
Transfer to equity691/2€43k€34k▼
To other reserves6921€43k€34k▼
Profit to be distributed694/7€63k€52k▼
Return on contributions (dividend)694€63k€52k▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €55k ▲21.2%
Operating result €76k, net result €55k, both a record.
31-12
Financial
Equity above €200kEq €223k ▲32.8%
3 profitable years in a row build equity to €223k.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150kEq €168k ▲37.1%
2 profitable years in a row build equity to €168k.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-62k ▼772%
Net result drops to €-62k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 1.75
Current ratio from 0.84 to 1.75; short-term debt falls from €127k to €78k.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Gentseweg(BEV) 309C9120 Beveren-Kruibeke-ZwijndrechtGround area
1.9 ha
Building footprint
1,550 m²
Parcel 46009B0179/00D000, Flanders. Linked by address, not a title deed.
1 establishment unit
TWIN4U
since 20142.229.536.585
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46009B0179/00D000 | Flanders | 1.9 ha | 1 · 1,550 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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COZYPIXEL
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SOUND WIZARD
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SEBUCO
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Of 257 companies in sector 59202 we hold annual accounts for 65. 47 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-01-2008
Fiscal year end31-12
Activities, NACEBEL
59202Motion picture, video and television programme production, sound recording and music publishing activities
90021Arts creation and performing arts activities
90393Specialised image, lighting and sound technical services
90391Promotion and organisation of arts and performing arts events
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.