TWINCONSTRUCT

Active Private limited company (pre-2019)founded 1977active for 49 yearsMarsveldplein 5, 1050 IxellesKBO/BCE: BE 0417.320.922

TWINCONSTRUCT

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Overview

Lifetime

20 annual accounts with figures on one time axis, 48 filings since 1978

Compare with

peak €18,496 (2009)

-€2,506▼ €595

lowest -€25,229 (2010)

-€3,106▼ €595

peak €40,616 (2009)

-€53,234▼ €3,106

€203,762unchanged

Board3 names since 2018

2 directors and 1 other

Documentsfilings and deeds

31-08-202631 days late

2025micro format

Gross margin from -€1,912 to -€2,506Loss of €3,106

Key points

from the 2025 annual accounts

Equity

-€53,234

Debts exceed assets in financial year 2025.

Losses

-€93,850 in 16 years

Every financial year from 2010 to 2025 closed with a loss. 2010 was the heaviest.

Filings

48 annual accounts since 1978

Nine of the last ten came late. The 2023 accounts came latest: 48 days after the end of the period.

At the same address

396 companies

DENTALVRP seat since 29-10-2026
Telemans, Lenno (sole trader) establishment since 01-10-2026
Diamond Mobility Services BE seat since 04-09-2026

Position in the sector

-35.4%

Lower solvency than 91% of companies in real estate. Sector median 31.0% · 19,813 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, 2,795 companies had the same profile as TWINCONSTRUCT has now. Each dot stands for 7 companies, two years later.

90.3%

were still trading

6.1%

stopped another way

2.1%

went bankrupt

Micro
20 years or older
negative equity
a small loss

Another 1.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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	2.9%	3.1%
10	5.6%	6.1%

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 2,795 companies, not a prediction for TWINCONSTRUCT. 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

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Board and ownership

Manager

Board & ownership

Recent changes

21-04-2026

Registered in the Peppol Directory Reachable for e-invoices through 0208:0417320922

07-12-2020

Environmental permit granted Bouwen of herbouwen, Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen · Geel

09-07-2020

Environmental permit refused Bouwen of herbouwen, Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen · Provincie Antwerpen

31-01-2020

Registered office moved from Brussels to Ixelles New registered office: Bastion Tower - Etage 20, Marsveldplein 5 te 1050 Elsene · Previous registered office: Koloniënstraat 11, 1000 Brussel · Board meeting of 04-12-2019 · Gazette deed

All 64 events

Comparable companies

same main activity, similar in size and age

Company
TWINCONSTRUCT Ixelles	€150,527	-€2,506	-35.4%	-
IMMONDEX Lokeren	€140,286	-€1,190	100.0%	-
perma-trade BeNeLux Merchtem	€135,871	-€941	97.2%	-
IMMO.TRA Ixelles	€146,794	-€22,548	86.9%	-
CINEVISION Ixelles	€211,556	-€6,710	33.7%	-
ETC Lochristi	€159,203	€1,614	98.4%	-
B- FINANCES Waterloo	€233,977	-€13,888	74.4%	-

These companies have the same main activity as TWINCONSTRUCT: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €136,000 and €234,000, founded between 1968 and 1986.

Official details

Source: KBO

Status: Active since 21-06-1977Normal situation
Registered office: 397 active companies are registered at this address29 started in the 12 months before. Source: KBO register, as of 13 November 2026.
Activity: Buying and selling of own real estateNACE 68110and 3 others
Establishment unit: 2.013.744.4471050 Ixelles, since 07-06-2000
Financial year end: 31 December
Peppol: Reachable since 21-04-2026

Company details

Annual accounts 2025

: -€2,506▼ 31.1%
: €3,106▲ 23.7%
: -€53,234▼ 6.2%
: €150,527▼ 2.0%
Filing: Filed on 31-08-2026

Financials

Insights on TWINCONSTRUCT

TWINCONSTRUCT files the micro format. That format states no turnover. The gross margin fell from €5,152 in 2006 to -€2,506 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 31-08-2026, 31 days late

-€2,506

▼ €595

-€2,506

▼ €595

-€3,106

▼ €595

-€54,080

▼ €3,106

-35.4%

▼ 2.7 percentage points

0.73

▼ 0.02

Turnover and EBIT margin are not published. The micro format does not require them.

Balance sheet

balance sheet total €150,527 on 31-12-2025

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

-35.4%

Higher than 8% of 19,813 companies in 2025.

0.73

Higher than 36% of 18,987 companies in 2025.

-2.1%

Higher than 25% of 19,456 companies in 2025.

TWINCONSTRUCT Middle half of the sector 80% of the sector Micro accounts in real estate (NACE 68)

Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	150,527	153,602	168,665	171,538	182,009	287,599	296,934	300,754	51	7,751	12,536	12,336	12,635	12,724	16,472	17,328	98,832	52,321	38,978	70,909
`21/28`	846	846	846	846	846	846	130	100	-	7,725	7,725	7,725	7,725	7,725	8,113	8,587	8,167	8,211	8,119	9,329
`22/27`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	388	962	542	586	494	1,704
`23`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	388	962	542	516	354	1,000
`24`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	70	140	704
`28`	846	846	846	846	846	846	130	100	-	7,725	7,725	7,725	7,725	7,725	7,725	7,625	7,625	7,625	7,625	7,625
`29/58`	149,682	152,756	167,819	170,692	181,163	286,753	296,804	300,654	51	26	4,811	4,611	4,910	4,999	8,359	8,741	90,666	44,110	30,859	61,580
`29`	-	-	-	-	-	-	-	750	-	-	-	-	-	-	-	-	-	-	-	-
`291`	-	-	-	-	-	-	-	750	-	-	-	-	-	-	-	-	-	-	-	-
`3`	19,778	19,778	19,778	19,778	19,778	19,778	19,778	19,778	-	-	-	-	-	-	-	-	-	-	-	-
`30/36`	19,778	19,778	19,778	19,778	19,778	19,778	19,778	19,778	-	-	-	-	-	-	-	-	-	-	-	-
`40/41`	120,838	120,763	142,567	141,992	141,161	138,977	131,774	4,530	-	-	4,594	4,594	4,594	4,594	8,200	5,951	81,166	27,282	23,748	56,603
`40`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,050	-	63,296	20,268	11,734	56,591
`41`	120,838	120,763	142,567	141,992	141,161	138,977	131,774	4,530	-	-	4,594	4,594	4,594	4,594	5,150	5,951	17,871	7,014	12,014	12
`54/58`	9,065	12,126	5,385	8,835	20,139	127,914	145,252	275,596	51	26	216	17	194	404	158	2,790	9,499	16,828	7,111	4,653
`490/1`	0	89	89	87	85	84	-	-	-	-	-	-	121	-	-	-	-	-	-	324
Balance sheet: equity and liabilities
`10/49`	150,527	153,602	168,665	171,538	182,009	287,599	296,934	300,754	51	7,751	12,536	12,336	12,635	12,724	16,472	17,328	98,832	52,321	38,978	70,909
`10/15`	-53,234	-50,128	-47,616	-44,557	-33,999	-20,245	-9,779	-6,153	-3,410	4,386	5,207	7,227	8,504	10,549	12,781	15,386	40,616	28,130	31,336	29,203
`10/11`	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000
`100`	-	-	-	-	-	-	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000
`13`	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	20,616	8,130	11,336	9,203
`130/1`	2,000	2,000	2,000	2,000	2,000	2,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	-	-	-	-	-	-	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000
`1311`	2,000	2,000	2,000	2,000	2,000	2,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`133`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,616	6,130	9,336	7,203
`14`	-75,234	-72,128	-69,616	-66,557	-55,999	-42,245	-31,779	-28,153	-25,410	-17,614	-16,793	-14,773	-13,496	-11,451	-9,219	-6,614	-	-	-	-
`17/49`	203,762	203,730	216,281	216,095	216,007	307,844	306,713	306,907	3,461	3,365	7,329	5,109	4,130	2,175	3,691	1,941	58,217	24,191	7,642	41,706
`42/48`	203,762	203,730	216,281	216,095	216,007	307,844	306,713	306,907	3,461	3,365	7,329	5,109	4,130	2,175	3,691	1,941	58,217	24,191	7,642	41,706
`44`	262	230	879	693	584	2,133	240	-	-	923	-	-	121	762	-	228	53,980	5,172	1,300	34,129
`440/4`	262	230	879	693	584	2,133	240	-	-	923	-	-	121	762	-	228	53,980	5,172	1,300	34,129
`46`	-	-	-	-	-	-	-	-	-	-	641	641	641	-	3,691	641	-	-	-	-
`45`	-	-	-	0	21	21	21	21	-	-	-	-	-	135	-	1,073	4,236	17,396	-	25
`450/3`	-	-	-	0	21	21	21	21	-	-	-	-	-	135	-	1,073	4,236	17,396	-	25
`47/48`	203,500	203,500	215,402	215,402	215,402	305,690	306,453	306,886	3,461	2,442	6,689	4,469	3,369	1,279	-	-	-	1,622	6,342	7,552
Income statement
`76A`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,922
`9900`	-2,506	-1,912	-2,459	-9,959	-13,138	-9,132	-3,590	-2,666	-2,190	-786	-1,897	-1,155	-1,913	-693	-1,676	-22,052	18,496	-1,567	4,526	5,152
`630`	-	-	-	-	-	-	-	-	-	-	-	-	-	388	574	743	602	416	1,741	2,613
`640/8`	-	-	-	-	0	776	-	50	-	-	89	89	89	1,120	159	739	1,987	455	208	1,258
`9901`	-2,506	-1,912	-2,459	-9,959	-13,138	-9,908	-3,590	-2,716	-2,190	-786	-1,986	-1,244	-2,002	-2,202	-2,409	-23,534	15,906	-2,438	2,577	1,282
`75/76B`	-	-	-	-	-	-	-	0	641	-	-	-	-	-	56	10	6	9	11	16
`75`	-	-	-	-	-	-	-	0	641	-	-	-	-	-	56	10	6	9	11	16
`65/66B`	600	600	600	600	616	558	36	27	6,247	35	34	33	43	31	32	1,551	1,165	775	454	778
`65`	600	600	600	600	616	558	36	27	47	35	34	33	43	31	32	1,551	1,165	775	454	778
`66B`	-	-	-	-	-	-	-	-	6,200	-	-	-	-	-	-	-	-	-	-	-
`9903`	-3,106	-2,512	-3,059	-10,559	-13,753	-10,466	-3,626	-2,743	-7,796	-820	-2,020	-1,277	-2,044	-2,232	-2,385	-25,075	14,747	-3,204	2,134	4,442
`67/77`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	220	154	2,261	1	2	-7
`9904`	-3,106	-2,512	-3,059	-10,559	-13,753	-10,466	-3,626	-2,743	-7,796	-820	-2,020	-1,277	-2,044	-2,232	-2,605	-25,229	12,486	-3,206	2,133	4,448
`9905`	-3,106	-2,512	-3,059	-10,559	-13,753	-10,466	-3,626	-2,743	-7,796	-820	-2,020	-1,277	-2,044	-2,232	-2,605	-25,229	12,486	-3,206	2,133	4,448
Appropriation of the result
`9906`	-75,234	-72,128	-69,616	-66,557	-55,999	-42,245	-31,779	-28,153	-25,410	-17,614	-16,793	-14,773	-13,496	-11,451	-9,219	-25,229	12,486	-3,206	2,133	4,448
`14P`	-72,128	-69,616	-66,557	-55,999	-42,245	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`791/2`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,616	-	3,206	-	-
`691/2`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,486	-	2,133	4,448
`6921`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,486	-	2,133	4,448
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 28 older financial years (1978-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00502886.

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	31-08-2026	2026-00502886	PDF
31-12-2024	micro format	29-08-2025	2025-00480049	PDF
31-12-2023	micro format	17-09-2024	2024-00465696	PDF
31-12-2022	micro format	05-07-2023	2023-00216507	PDF
31-12-2021	micro format	18-08-2022	2022-20298486	PDF
31-12-2020	micro format	31-08-2021	2021-65200254	PDF
31-12-2019	micro format	31-08-2020	2020-49500082	PDF
31-12-2018	micro format	14-08-2019	2019-47400522	PDF
31-12-2017	micro format	31-08-2018	2018-57700331	PDF
31-12-2016	micro format	31-08-2017	2017-59000483	PDF
31-12-2015	abbreviated format	31-08-2016	2016-58000451	PDF
31-12-2014	abbreviated format	28-08-2015	2015-53400092	PDF
31-12-2013	abbreviated format	08-08-2014	2014-40600237	PDF
31-12-2012	abbreviated format	27-08-2013	2013-48100477	PDF
31-12-2011	abbreviated format	29-08-2012	2012-50400256	PDF
31-12-2010	abbreviated format	30-08-2011	2011-53200078	PDF
31-12-2009	abbreviated format	26-08-2010	2010-47400206	PDF
31-12-2008	abbreviated format	29-09-2009	2009-79200057	PDF
31-12-2007	abbreviated format	22-08-2008	2008-60400035	PDF
31-12-2006	abbreviated format	17-08-2007	2007-56600314	PDF
31-12-2005	abbreviated format	29-08-2006	2006-70603600	PDF
31-12-2004	abbreviated format	27-01-2006	2006-03200870	PDF
31-12-2003	abbreviated format	28-10-2004	2004-76002699	PDF
31-12-2002	abbreviated format	27-06-2003	2003-32700819	PDF
31-12-2001	abbreviated format	11-09-2002	2002-55003338	PDF
31-12-2000	abbreviated format	25-07-2001	2001-42503661	PDF
31-12-1999	abbreviated format	18-01-2000	2000-01600424	PDF
31-12-1998	abbreviated format	05-11-1999	1999-57400252	PDF
31-12-1997	abbreviated format	23-11-1998	1998-58501002	PDF
31-12-1996	abbreviated format	23-10-1997	1997-50201737	PDF
31-12-1995	abbreviated format	24-07-1996	1996-36600347	PDF
31-12-1994	abbreviated format	17-08-1995	1995-46101328	PDF
31-12-1993	abbreviated format	28-12-1994	1994-51800333	PDF
31-12-1992	abbreviated format	24-08-1993	1993-33002514	PDF
31-12-1991	abbreviated format	05-06-1992	1992-09202344	PDF
31-12-1990	abbreviated format	05-08-1991	1991-21401176	PDF
31-12-1989	full format	25-07-1990	1990-19100736	PDF
31-12-1988	full format	04-07-1989	1989-14100853	PDF
31-12-1987	full format	25-07-1988	1988-16703571	PDF
31-12-1986	full format	26-06-1987	1987-12800475	PDF
31-12-1985	full format	14-07-1986	1986-28400457	PDF
31-12-1984	full format	17-06-1985	1985-11800337	PDF
31-12-1983	unclassified schema	07-09-1984	1984-12901349	PDF
31-12-1982	unclassified schema	29-06-1983	1983-07500358	PDF
31-12-1981	unclassified schema	30-06-1982	1982-07600402	PDF
31-12-1980	unclassified schema	26-06-1981	1981-06902292	PDF
31-12-1979	unclassified schema	31-07-1980	1980-10000419	PDF
31-12-1978	unclassified schema	10-07-1979	1979-08500745	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
-	-	-	-	-	-	-	-	-	-	-	-	-	-1,814	-1,835	-22,791	16,509	-2,022	4,318	3,895
-	-	-	-	-	-	-	-	-	-	-	-	-	-1,844	-2,031	-24,486	13,088	-2,789	3,873	7,061
-	-	-	-	-	716	30	100	-	-	-	-	-	0	100	1,164	558	508	531	280
-3,061	6,741	-3,450	-11,304	-107,775	-17,338	-130,344	275,545	25	-190	199	-177	-210	246	-2,631	-6,710	-7,329	9,717	2,458	-
-54,080	-50,974	-48,462	-45,403	-34,844	-21,091	-9,909	-6,253	-3,410	-3,339	-2,518	-498	779	2,824	4,668	6,799	32,449	19,919	23,217	19,874
-35.4%	-32.6%	-28.2%	-26.0%	-18.7%	-7.0%	-3.3%	-2.0%	-	56.6%	41.5%	58.6%	67.3%	82.9%	77.6%	88.8%	41.1%	53.8%	80.4%	41.2%
0.73	0.75	0.78	0.79	0.84	0.93	0.97	0.98	-	0.01	0.66	0.90	1.19	2.30	2.26	4.50	1.56	1.82	4.04	1.48
0.64	0.65	0.68	0.70	0.75	0.87	0.90	0.92	-	0.01	0.66	0.90	1.19	2.30	2.26	4.50	1.56	1.82	4.04	1.48
-	-	-	-	-	-	-	-	-	0.77	1.41	0.71	0.49	0.21	0.29	0.13	1.43	0.86	0.24	1.43
-	-	-	-	-	-	-	-	-	-18.7%	-38.8%	-17.7%	-24.0%	-21.2%	-20.4%	-164.0%	30.7%	-11.4%	6.8%	15.2%
-2.1%	-1.6%	-1.8%	-6.2%	-7.6%	-3.6%	-1.2%	-0.9%	-	-10.6%	-16.1%	-10.4%	-16.2%	-17.5%	-15.8%	-145.6%	12.6%	-6.1%	5.5%	6.3%

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on TWINCONSTRUCT

The operating result for 2025 is a loss of €2,506, larger than the loss of €1,912 in 2024. It is the lowest result since 2022.

Equity is negative. Debt (€203,762) exceeds the balance-sheet total (€150,527).

Board & ownership

Board

2 directors, last change in 2018

Manager (not named in the articles)

appointed by deed of 30-04-2018 term without a fixed end

listed in the 2025 annual accounts, filed on 31-08-2026

Manager (not named in the articles)

appointed by deed of 30-04-2018 term without a fixed end

listed in the 2025 annual accounts, filed on 31-08-2026

Office holders in the KBO →

Mandates through the years

3 names, the dashed line is today

Manager (not named in the articles)

Manager

BoardEarliermandate already running before its first mention

Mandates as a list

- Manager (not named in the articles), appointed by deed of 30-04-2018, still in office
- Manager (not named in the articles), appointed by deed of 30-04-2018, still in office
- Manager, until 30-04-2018

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution: €20,000
Source: 2025 annual accounts

Network & group

Holdings

own 2007 accounts, the bar shows equity in euros

This companyTWINCONSTRUCT1 holding, 1 country 2007 accounts

Belgium 1 Equity Result

BE 50% €774,582 result €135,690

Source: list of holdings in its own 2007 accounts. Every holding stands with its own latest accounts.

At the same address

Marsveldplein 5, 1050 Ixelles · 396 other companies

FINANCIERE DE TUBIZE registered office since 01-01-1928 · founded in 1928	total assets €1.93bn (2025) 0403.216.429
ECONOCOM GROUP registered office since 02-04-1982 · founded in 1982	turnover €22.1m (2025) 0422.646.816
ECONOCOM FINANCE registered office since 19-10-2010 · founded in 2010 · group ECONOCOM GROUP	total assets €948.1m (2025) 0830.430.559
DEXIA HOLDING registered office since 17-09-2012 · founded in 1996	total assets €741.2m (2025) 0458.548.296
ECONOCOM PRODUCTS & SOLUTIONS BELUX registered office since 01-02-1985 · founded in 1985 · group ECONOCOM GROUP	38 FTE (2025) 0426.851.567
Wex Europe Services (BE) registered office since 18-02-2014 · founded in 2014	turnover €148.8m (2025) 0547.665.760
Ardonagh Specialty Europe registered office since 10-01-2019 · founded in 2019 · accounts filed late	turnover €18.5m (2025) 0717.955.396
Consilio Global registered office since 01-12-2006 · founded in 2006 · group Consilio Eurasia · accounts filed late	turnover €10.2m (2024) 0883.063.353
ECONOCOM LEASE registered office since 30-06-1987 · founded in 1987 · group ECONOCOM GROUP	24 FTE (2025) 0431.321.782
DBG FINANCES registered office since 15-05-2001 · founded in 2000	total assets €59.1m (2025) 0472.432.560

and 386 more

Holdings through the years

2006 to 2007

Holdings through the years
Name	2006	2007
2006 to 2007: 50%	50%

Source: list of holdings in its own accounts

Timeline

64 events since 1977

Board

Filings

Financial

Permits

Establishments

Address

1980198519901995200020052010201520202025

Deadline for the 2026 accounts: 31-07-2027

2026

31-08-2026

Annual accounts 2025 filed NBBmicro format · 31 days late

21-04-2026

Registered in the Peppol Directory Reachable for e-invoices through 0208:0417320922

2025

29-08-2025

Annual accounts 2024 filed PDFmicro format · 29 days late

2024

17-09-2024

Annual accounts 2023 filed PDFmicro format · 48 days late

2023

05-07-2023

Annual accounts 2022 filed PDFmicro format · 26 days before the deadline

2022

18-08-2022

Annual accounts 2021 filed PDFmicro format · 18 days late

2021

31-08-2021

Annual accounts 2020 filed PDFmicro format · 31 days late

2020

07-12-2020

Environmental permit granted Bouwen of herbouwen, Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen · Geel

31-08-2020

Annual accounts 2019 filed PDFmicro format · 31 days late

09-07-2020

Environmental permit refused Bouwen of herbouwen, Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen · Provincie Antwerpen

31-01-2020

Registered office moved from Brussels to IxellesNew registered office: Bastion Tower - Etage 20, Marsveldplein 5 te 1050 Elsene · Previous registered office: Koloniënstraat 11, 1000 Brussel · Board meeting of 04-12-20192 points ▸

Board meeting, 04-12-2019
Registered-office move, Bastion Tower - Etage 20, Marsveldplein 5 te 1050 Elsene

Open the deed in the Belgian Official Gazette

2019

14-08-2019

Annual accounts 2018 filed PDFmicro format · 14 days late

08-04-2019

Environmental permit refused Bouwen of herbouwen · Geel

2018

26-11-2018

Environmental permit refused Bouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie · Geel

31-08-2018

Annual accounts 2017 filed PDFmicro format · 31 days late

30-04-2018

Company renamed from MEDIA CHALLENGES to TWINCONSTRUCTRegistered office moved from Mechelen to Brussels · New registered office: Avenue des Colonies 11, 1000 Brussel · Previous registered office: Goudleerstraat 30 GLV 1, 2800 Mechelen6 points ▸

Registered-office move, Avenue des Colonies 11, 1000 Brussel
Name change, TWINCONSTRUCT
Director resignation, (manager)
Director discharge,
Director appointment, (manager (not named in the articles))
Director appointment, (manager (not named in the articles))
The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

2017

31-08-2017

Annual accounts 2016 filed PDFmicro format · 31 days late

26-04-2017

Registered office moved from Antwerp to MechelenNew registered office: Goudleerstraat 30, bus GLV1, 2800 Mechelen · Previous registered office: Pourbusstraat 15, 2000 Antwerpen1 point ▸

Registered-office move, Goudleerstraat 30, bus GLV1, 2800 Mechelen
The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

03-01-2017

Registered office moved from Brussels to AntwerpNew registered office: Pourbusstraat 15, 2000 Antwerpen · Previous registered office: Akenkaai 66 bus 81, 1000 Brussel1 point ▸

Registered-office move, Pourbusstraat 15, 2000 Antwerpen
The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2016

31-08-2016

Annual accounts 2015 filed PDFabbreviated format · 31 days late

2015

28-08-2015

Annual accounts 2014 filed PDFabbreviated format · 28 days late

31-07-2015

Registered office moved within BrusselsNew registered office: Akenkaai 66 bus 81, 1000 Brussel · Previous registered office: Louizalaan 475, 1050 Brussel · Board meeting of 18-06-20152 points ▸

Board meeting, 18-06-2015
Registered-office move, Akenkaai 66 bus 81, 1000 Brussel

Open the deed in the Belgian Official Gazette

2014

08-08-2014

Annual accounts 2013 filed PDFabbreviated format · 8 days late

2013

27-08-2013

Annual accounts 2012 filed PDFabbreviated format · 27 days late

2012

29-08-2012

Annual accounts 2011 filed PDFabbreviated format · 29 days late

2011

30-08-2011

Annual accounts 2010 filed PDFabbreviated format · 30 days late

2010

31-12-2010

Weakest financial year net -€25,229 The net result drops to -€25,229, the lowest from 2006 to 2025. It recovers the following year.

31-12-2010

Liquidity more than doubled current ratio 4.50 The current ratio rises from 1.56 to 4.50. Short-term debt falls from €58,217 to €1,941.

26-08-2010

Annual accounts 2009 filed PDFabbreviated format · 26 days late

2009

31-12-2009

Back to profit net €12,486 The net result is €12,486, after one loss-making year.

29-09-2009

Annual accounts 2008 filed PDFabbreviated format · 60 days late

2008

22-08-2008

Annual accounts 2007 filed PDFabbreviated format · 22 days late

2007

31-12-2007

Liquidity more than doubled current ratio 4.04 The current ratio rises from 1.48 to 4.04. Short-term debt falls from €41,706 to €7,642.

17-08-2007

Annual accounts 2006 filed PDFabbreviated format · 17 days late

2006

29-08-2006

Annual accounts 2005 filed PDFabbreviated format

27-01-2006

Annual accounts 2004 filed PDFabbreviated format

2004

28-10-2004

Annual accounts 2003 filed PDFabbreviated format

2003

27-06-2003

Annual accounts 2002 filed PDFabbreviated format

2002

11-09-2002

Annual accounts 2001 filed PDFabbreviated format

2001

25-07-2001

Annual accounts 2000 filed PDFabbreviated format

2000

07-06-2000

First establishment Marsveldplein 5, Ixelles

18-01-2000

Annual accounts 1999 filed PDFabbreviated format

1999

05-11-1999

Annual accounts 1998 filed PDFabbreviated format

1998

23-11-1998

Annual accounts 1997 filed NBBabbreviated format

1997

23-10-1997

Annual accounts 1996 filed NBBabbreviated format

1996

24-07-1996

Annual accounts 1995 filed NBBabbreviated format

1995

17-08-1995

Annual accounts 1994 filed NBBabbreviated format

1994

28-12-1994

Annual accounts 1993 filed NBBabbreviated format

1993

24-08-1993

Annual accounts 1992 filed NBBabbreviated format

1992

05-06-1992

Annual accounts 1991 filed NBBabbreviated format

1991

05-08-1991

Annual accounts 1990 filed NBBabbreviated format

1990

25-07-1990

Annual accounts 1989 filed NBBfull format

1989

04-07-1989

Annual accounts 1988 filed NBBfull format

1988

25-07-1988

Annual accounts 1987 filed NBBfull format

1987

26-06-1987

Annual accounts 1986 filed NBBfull format

1986

14-07-1986

Annual accounts 1985 filed NBBfull format

1985

17-06-1985

Annual accounts 1984 filed NBBfull format

1984

07-09-1984

Annual accounts 1983 filed NBBunclassified schema

1983

29-06-1983

Annual accounts 1982 filed NBBunclassified schema

1982

30-06-1982

Annual accounts 1981 filed NBBunclassified schema

1981

26-06-1981

Annual accounts 1980 filed NBBunclassified schema

1980

31-07-1980

Annual accounts 1979 filed NBBunclassified schema

1979

10-07-1979

Annual accounts 1978 filed NBBunclassified schema

1977

21-06-1977

Incorporation KBO

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

On 21 June 1977, TWINCONSTRUCT was incorporated.¹ Since 2015 the registered office has moved 5 times, most recently to Ixelles in 2020.²³ In 2018 the company took the name TWINCONSTRUCT.⁴ Today the board has 2 members.⁵ Total assets went from €300,754 in 2018 to €150,527 in 2025.⁶

Company details

Identity

Enterprise number: 0417.320.922
VAT number: BE 0417.320.922
Peppol ID: 0208:0417320922
Legal form: Private limited company (pre-2019)
Status: Active, normal situation
Founded: 21-06-1977
Financial year: ends on 31 December
Peppol: Reachable since 21-04-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name: TWINCONSTRUCT in Dutch
Abbreviation: R.D.S. in Dutch
Former name: MEDIA CHALLENGES until the deed of 30-04-2018
Entity type: Legal entity

Activities

NACEBEL 2025

68110 Buying and selling of own real estate main activity

43350 Other building finishing work

68121 Development of residential building projects

68122 Development of non-residential building projects

Codes under NACEBEL 2008

68100 Real estate activities main activity

41101 Real estate development

41102 Construction of residential and non-residential buildings

43390 Specialised construction activities

Purpose: “Het kopen,verkopen,ruilen,huren,verhuren,onderverhuren,valoriseren,uitrusten en tot waarde brengen,verkavelen en verwezenlijken van alle…”
18 activities
Het kopen,verkopen,ruilen,huren,verhuren,onderverhuren,valoriseren,uitrusten en tot waarde brengen,verkavelen en verwezenlijken van alle onroerende goederen;
De bemiddeling bij dergelijke operaties;
De makelarij;
De studie,de promotie en de ontwikkeling van onroerende projecten;
Het beheer van onroerende goederen;
Het schatten van onroerende goederen en toebehoren;
Het opstellen van staten van bevindingen en/of van wederbevinding inzake onroerende goederen;
Het verstrekken van advies inzake het technisch beheer van onroerende goederen en het beheer van onroerende goederen;
Het opstellen van bestekken;
Het reinigen in en van gebouwen en installaties;
De aankoop,de verkoop,de invoer,de uitvoer,de doorvoer,de verhuring,de vertegenwoordiging in werktuigen,materialen,machines,gereedschappen,laad- en lostoestellen voor ondernemers.
De studie,de planning,de verbouwing en de inrichting van interieurs,tevens begrijpende het leveren en plaatsen van verlichtingselementen,gordijnen,meubilair,keuken- of badkamerelementen en alle andere decoratieartikelen in de meest ruime zin van het woord;
De aan- en verkoop,in- en uitvoer van,de groot- en kleinhandel,commissiehandel en vertegenwoordiging in,de studie,de fabricatie,het ontwerp,de configuratie,de plaatsing en de verhuring van en de adviesverlening met betrekking tot meubelen,verlichting,decoratievoorwerpen,geschenkartikelen,alle mogelijke materialen voor het uitvoeren van schilder-,behang-en vloerbekledingswerken in de meest ruime zin van het woord
Het uitvoeren van alle aannemingswerken al dan niet in coördinatie met onderaannemers;de coördinatie van werven.
Het uitvoeren van consultancyopdrachten,het verlenen van adviezen van financiële,technische,commerciële of administratieve aard in de ruimste zin,met uitzondering van adviezen inzake beleggingen en geldplaatsingen;
Bijstand en diensten verlenen,rechtstreeks of onrechtstreeks op het vlak van administratie en financiën,verkoop,productie en algemeen bestuur.
Het aanleggen,het oordeelkundig ultbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de leasing en huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen;de aan- en verkoop,huur en verhuur van roerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit doel in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen,alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende en onroerende goederen.
Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend patrimonium,alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbonnen of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen.
deed of 30-04-2018 (in Dutch)

Registered office and establishments

1 establishment

Establishment	Since	Unit number
Marsveldplein 5 registered office 1050 Ixelles	07-06-2000	2.013.744.447

5 former offices

Koloniënstraat 11, 1000 Brussel until 01-01-2020 · deed of 31-01-2020
Goudleerstraat 30 GLV 1, 2800 Mechelen until the deed of 30-04-2018
Pourbusstraat 15, 2000 Antwerpen until 28-02-2017 · deed of 26-04-2017
Akenkaai 66 bus 81, 1000 Brussel until 13-12-2016 · deed of 03-01-2017
Louizalaan 475, 1050 Brussel until 18-06-2015 · deed of 31-07-2015

Buildings and parcels at the address

Ground area: 3,724 m²
Buildings: 1,306 m²
Volume, LiDAR: 98,133 m³
Tallest building: 99.0 m

Buildings to scale, each on its own parcel

Environmental permits

4 applications in Flanders since 2018 · 1 granted · 3 refused

07-12-2020	Granted	Bouwen of herbouwen; Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen submitted 18-09-2020 · project 2020122481	Geel
09-07-2020	Refused	Bouwen of herbouwen; Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen submitted 23-10-2019 · project 2019131910	Provincie Antwerpen
08-04-2019	Refused	Bouwen of herbouwen submitted 30-12-2018 · project 2018156145	Geel
26-11-2018	Refused	Bouwen of herbouwen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie submitted 06-09-2018 · project 2018106562	Geel

Source: Omgevingsloket Vlaanderen.

registered office establishment The establishment unit on the map

397 companies at this address See who is registered here

Parcels

Cadastral parcel	Area	Buildings	Height / floors
21009A0769/00S002	3,724 m²	1 · 1,306 m²	99.0 m · 27

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0417.320.922

Overview

Lifetime

Key points

Equity

Losses

Debts

Filings

At the same address

Position in the sector

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts 2025

Insights on TWINCONSTRUCT

Financials

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency-35.4%

Current ratio0.73

Return on assets-2.1%

Filed annual accounts

Filings

Key figures and ratios

Insights on TWINCONSTRUCT

Board & ownership

Board

Mandates through the years

Control

Capital

Network & group

Holdings

Belgium 1 Equity Result

At the same address

Holdings through the years

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Environmental permits

Location

Parcels

Invoicing and payment

in euro

in euro

-35.4%

0.73

-2.1%