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TWINIMMO

Open bankruptcy
Public limited companyfounded 2003Europark 27, 3620 Lanaken, BelgiumKBO/BCE: BE 0480.378.345
Summary

A bankruptcy procedure is open for TWINIMMO according to publications in the Belgian State Gazette. The 2025 annual accounts show equity of €1.4m and a net result of -€161,162.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Hasselt division
Declared bankrupt
25 June 2026
Supervising judge
Peter Roose
Official Gazette
01-07-2026 (pdf) ↗search the document for 2026/129439

Deadlines

Provisional date payments stopped
18 June 2026Payments and security you received since that day can in some cases be challenged by the curator. A later judgment can change the date.art. XX.105, XX.111 and XX.112 CEL
Appeal or third-party opposition until
passed on 16 July 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 25 July 2026art. XX.104 and XX.155 CEL
First verification report
passed on 30 July 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
25 June 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curators

  • Mark HuygenRiemsterweg 7A Bus 2, 3740 Bilzen-Hoeseltmark@akto-advocaten.be
  • Martine ClaesenRiemsterweg 7A Bus 2, 3740 Bilzen-Hoeseltmartine@akto-advocaten.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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 · 10 filings
Deviation from the deadline
2025
20 d late
2024
18 d late
2023
18 d late
2022
38 d early
2021
27 d early
2020
30 d late
2019
7 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 2 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (2)
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 months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

On 28 May 2003, TWINIMMO was incorporated.1 Total assets went from EUR 4 million in 2018 to EUR 4.8 million in 2025.2 The company was declared bankrupt on 25 June 2026.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025
  3. 3Belgian State Gazette, 01-07-2026

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, abbreviated schema

Equity
€1.4m▼ 10.6%
2024 · €1.5m
Total assets
€4.8m▲ 30.7%
2024 · €3.7m
Net result
-€161,162
2024 · €18,591
Working capital
€110,765
2024 · -€189,626
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€1.1m▲ 816%€109,574▼ 90.4%€47,327▼ 56.8%€86,343▲ 82.4%€65,327▼ 24.3%
Net result€1.1mabove the sector's middle half▲ 1,659%€60,911above the sector's middle half▼ 94.7%-€3,071below the sector's middle half€18,591within the sector's middle half-€161,162below the sector's middle half
Equity€1.4mabove the sector's middle half▲ 376%€1.5mabove the sector's middle half▲ 4.2%€1.5mabove the sector's middle half▼ 0.2%€1.5mabove the sector's middle half▲ 1.2%€1.4mabove the sector's middle half▼ 10.6%
Total assets€2.7mabove the sector's middle half▼ 26.1%€2.7mabove the sector's middle half▲ 1.2%€2.6mabove the sector's middle half▼ 2.7%€3.7mabove the sector's middle half▲ 38.8%€4.8mabove the sector's middle half▲ 30.7%
Debt€1.2m▼ 63.7%€1.2m▼ 2.3%€1.1m▼ 6.0%€2.1m▲ 90.7%€3.4m▲ 62.4%
Working capital-€113,232below the sector's middle half▲ 70.2%-€232,186below the sector's middle half▼ 105%-€217,112below the sector's middle half▲ 6.5%-€189,626below the sector's middle half▲ 12.7%€110,765within the sector's middle half
Solvency53.8%within the sector's middle half▲ 45.4pp55.4%within the sector's middle half▲ 1.6pp56.8%within the sector's middle half▲ 1.4pp41.5%within the sector's middle half▼ 15.4pp28.3%within the sector's middle half▼ 13.1pp
Current ratio0.46below the sector's middle half▲ 0.350.06below the sector's middle half▼ 0.400.28below the sector's middle half▲ 0.220.10below the sector's middle half▼ 0.182.00within the sector's middle half▲ 1.90
Return on assets (ROA)42.5%above the sector's middle half▲ 40.7pp2.2%within the sector's middle half▼ 40.2pp-0.1%below the sector's middle half▼ 2.4pp0.5%within the sector's middle half▲ 0.6pp-3.4%below the sector's middle half▼ 3.9pp
above within below the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€500,000€0€500,000€1.0mOperating result 2021: €1.1m€1.1mNet result 2021: €1.1m€1.1mOperating result 2022: €109,574€109,574Net result 2022: €60,911€60,911Operating result 2023: €47,327€47,327Net result 2023: -€3,071-€3,071Operating result 2024: €86,343€86,343Net result 2024: €18,591€18,591Operating result 2025: €65,327€65,327Net result 2025: -€161,162-€161,16220212022202320242025-€200,000-€100,000€0€100,000Operating result 2023: €47,327€47,300Net result 2023: -€3,071-€3,070Operating result 2024: €86,343€86,300Net result 2024: €18,591€18,600Operating result 2025: €65,327€65,300Net result 2025: -€161,162-€161,000202320242025
The operating result falls in 2025; 2025 is 24% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.8m
Fixed assets €4.6m ▲ 25.4%
Current assets €221,352 ▲ 924%
Equity and liabilities €4.8m
Equity €1.4m ▼ 10.6%
Provisions €0 ▼ 100%
Debt €3.4m ▲ 62.4%
Debt's share of the balance-sheet total rises from 57.7% to 71.7%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€189,710▼
2024 · €202,663
Cash flow
-€36,780▼
2024 · €134,911
Debt to equity
2.53▲
2024 · 1.39
ROE
-11.9%▼
2024 · 1.2%
Interest coverage
0.74▼
2024 · 3.68
Debt ≤ 1 year
€110,587▼
2024 · €211,236
Debt > 1 year
€3.3m▲
2024 · €1.9m
Income taxes
€2,321▼
2024 · €13,095
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 59 lines
Balance sheet Code20242025
Assets
Total assets20/58€3.7m€4.8m▲
Fixed assets21/28€3.6m€4.6m▲
Tangible fixed assets22/27€1.5m€1.5m▲
Land and buildings22€1.4m€1.5m▲
Furniture and vehicles24€19,527€0▼
Other tangible fixed assets26€85,359€77,783▼
Financial fixed assets28€2.1m€3.0m▲
Current assets29/58€21,611€221,352▲
Amounts receivable within one year40/41€19,817€2,582▼
Trade receivables40€18,621€1,386▼
Other amounts receivable41€1,196€1,196=
Cash at bank and in hand54/58€0€372▲
Deferred charges and accrued income490/1€1,793€218,397▲
Equity and liabilities
Total equity and liabilities10/49€3.7m€4.8m▲
Equity10/15€1.5m€1.4m▼
Contributions10/11€61,500€61,500=
Outside capital11€61,500€61,500=
Other1109/19€61,500€61,500=
Reserves13€1.5m€1.4m▼
Non-distributable reserves130/1€6,150€6,150=
Reserves not available under the articles1311€6,150€6,150=
Tax-exempt reserves132€99,691€4,166▼
Distributable reserves133€1.4m€1.4m=
Profit (loss) carried forward14€0-€65,638▼
Provisions and deferred taxes16€31,842€0▼
Deferred taxes168€31,842€0▼
Amounts payable17/49€2.1m€3.4m▲
Amounts payable after more than one year17€1.9m€3.3m▲
Financial debts170/4€1.9m€3.3m▲
Amounts payable within one year42/48€211,236€110,587▼
Current portion of amounts payable after more than one year42€121,668€0▼
Financial debts43€11,660€0▼
Credit institutions430/8€11,660€0▼
Trade debts44€26,544€62,487▲
Suppliers440/4€26,544€62,487▲
Taxes, remuneration and social security45€50,593€47,329▼
Taxes450/3€50,593€47,329▼
Other amounts payable47/48€771€771=
Accrued charges and deferred income492/3€25,687€26,018▲
Income statement Code20242025
Non-recurring operating income76A-€1,093
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€116,320€124,382▲
Other operating charges640/8€34,186€38,898▲
Non-recurring operating charges66A€0-
Gross operating margin9900€236,850€228,608▼
Operating profit (loss)9901€86,343€65,327▼
Financial income75/76B€8€0▼
Recurring financial income75€8€0▼
Financial charges65/66B€55,091€256,011▲
Recurring financial charges65€55,091€256,011▲
Profit (loss) for the period before taxes9903€31,260-€190,683▼
Transfer from deferred taxes780€426€31,842▲
Income taxes67/77€13,095€2,321▼
Profit (loss) for the period9904€18,591-€161,162▼
Transfer from tax-exempt reserves789€1,277€95,524▲
Profit (loss) for the period to be appropriated9905€19,868-€65,638▼
Appropriation of the result
Profit (loss) to be appropriated9906€18,074-€65,638▼
Profit (loss) brought forward from the previous period14P-€1,794€0▲
Transfer to equity691/2€18,074€0▼
To other reserves6921€18,074€0▼

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A€1.0m€0--€1,093-
Remuneration, social security and pensions62€81€0----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€118,506€114,835€114,293€116,320€124,382▲ 6.9%
Other operating charges640/8€25,023€30,801€29,947€34,186€38,898▲ 13.8%
Non-recurring operating charges66A--€2,479€0--
Gross operating margin9900€1.3m€255,210€194,047€236,850€228,608▼ 3.5%
Operating profit (loss)9901€1.1m€109,574€47,327€86,343€65,327▼ 24.3%
Financial income75/76B€134,858€0€100€8€0▼ 99.9%
Recurring financial income75€134,858€0€100€8€0▼ 99.9%
Non-recurring financial income76B€134,858€0----
Financial charges65/66B€96,656€28,651€48,206€55,091€256,011▲ 365%
Recurring financial charges65€96,656€28,651€48,206€55,091€256,011▲ 365%
Profit (loss) for the period before taxes9903€1.2m€80,923-€779€31,260-€190,683▼ 710%
Transfer from deferred taxes780-€1,022€426€426€31,842▲ 7,380%
Transfer to deferred taxes680€33,715€0----
Income taxes67/77€2,744€21,034€2,718€13,095€2,321▼ 82.3%
Profit (loss) for the period9904€1.1m€60,911-€3,071€18,591-€161,162▼ 967%
Transfer from tax-exempt reserves789-€3,065€1,277€1,277€95,524▲ 7,380%
Transfer to tax-exempt reserves689€101,144€0----
Profit (loss) for the period to be appropriated9905€1.0m€63,976-€1,794€19,868-€65,638▼ 430%
Line20212022202320242025Change
Assets
Total assets20/58€2.7m€2.7m€2.6m€3.7m€4.8m▲ 30.7%
Fixed assets21/28€2.6m€2.7m€2.6m€3.6m€4.6m▲ 25.4%
Tangible fixed assets22/27€1.8m€1.7m€1.6m€1.5m€1.5m▲ 0.3%
Land and buildings22€1.7m€1.6m€1.5m€1.4m€1.5m▲ 2.3%
Furniture and vehicles24---€19,527€0▼ 100%
Other tangible fixed assets26€108,086€100,510€92,935€85,359€77,783▼ 8.9%
Financial fixed assets28€786,012€1.0m€985,621€2.1m€3.0m▲ 43.6%
Current assets29/58€95,900€15,429€83,664€21,611€221,352▲ 924%
Amounts receivable within one year40/41€82,582€15,420€83,354€19,817€2,582▼ 87.0%
Trade receivables40€30,250€15,125€73,459€18,621€1,386▼ 92.6%
Other amounts receivable41€52,332€295€9,895€1,196€1,196=
Current investments50/53€100€0----
Cash at bank and in hand54/58€13,218€10€310€0€372-
Deferred charges and accrued income490/1---€1,793€218,397▲ 12,077%
Equity and liabilities
Total equity and liabilities10/49€2.7m€2.7m€2.6m€3.7m€4.8m▲ 30.7%
Equity10/15€1.4m€1.5m€1.5m€1.5m€1.4m▼ 10.6%
Contributions10/11€61,500€61,500€61,500€61,500€61,500=
Outside capital11€61,500€61,500€61,500€61,500€61,500=
Other1109/19€61,500€61,500€61,500€61,500€61,500=
Reserves13€1.4m€1.4m€1.4m€1.5m€1.4m▼ 6.6%
Non-distributable reserves130/1€6,150€6,150€6,150€6,150€6,150=
Reserves not available under the articles1311€6,150€6,150€6,150€6,150€6,150=
Tax-exempt reserves132€105,310€102,245€100,968€99,691€4,166▼ 95.8%
Distributable reserves133€1.3m€1.3m€1.3m€1.4m€1.4m=
Profit (loss) carried forward14---€1,794€0-€65,638-
Provisions and deferred taxes16€33,715€32,693€32,267€31,842€0▼ 100%
Deferred taxes168€33,715€32,693€32,267€31,842€0▼ 100%
Amounts payable17/49€1.2m€1.2m€1.1m€2.1m€3.4m▲ 62.4%
Amounts payable after more than one year17€977,674€930,300€804,682€1.9m€3.3m▲ 75.7%
Financial debts170/4€977,674€930,300€804,682€1.9m€3.3m▲ 75.7%
Amounts payable within one year42/48€209,131€247,615€300,776€211,236€110,587▼ 47.6%
Current portion of amounts payable after more than one year42€121,668€121,668€121,668€121,668€0▼ 100%
Financial debts43€0€1,656€0€11,660€0▼ 100%
Credit institutions430/8€0€1,656€0€11,660€0▼ 100%
Trade debts44€28,151€26,070€48,521€26,544€62,487▲ 135%
Suppliers440/4€28,151€26,070€48,521€26,544€62,487▲ 135%
Taxes, remuneration and social security45€29,961€98,222€130,586€50,593€47,329▼ 6.5%
Taxes450/3€29,961€98,222€130,586€50,593€47,329▼ 6.5%
Other amounts payable47/48€29,351€0-€771€771=
Accrued charges and deferred income492/3€18,500€0€1,700€25,687€26,018▲ 1.3%
Line20212022202320242025Change
Profit (loss) for the period9904€1.1m€60,911-€3,071€18,591-€161,162▼ 967%
+ Depreciation and write-downs630€118,506€114,835€114,293€116,320€124,382▲ 6.9%
Operating cash flow (approximation)€1.3m€175,746€111,222€134,911-€36,780▼ 127%
Investment in fixed assets (approximation)--€227,804€28,196-€1.2m-€1.0m▲ 12.6%
Change in cash--€13,208€300-€310€372▲ 220%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
20-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 20 days late
01-07
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 25-06-2026
2025
31-12
Financial Weakest financial yearnet -€161,162
Net result drops to -€161,162, the lowest in the series.
31-12
Financial Liquidity times 20current ratio 2.00
Current ratio from 0.10 to 2.00; short-term debt falls from €211,236 to €110,587.
18-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
31-12
Financial Back to profitnet €18,591
Net result €18,591 after one loss-making year.
18-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 18 days late
2023
23-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
04-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Highest result since 2018net €1.1m ▲1,659%
Operating result €1.1m, net result €1.1m, both a record.
31-12
Financial Equity above €1mEq €1.4m ▲376%
3 profitable years in a row build equity to €1.4m.
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
Show earlier events
2020
24-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €52,835
Net result €52,835 after one loss-making year.
31-12
Financial Equity above €200,000Eq €237,823 ▲28.6%
Equity rises from €184,988 to €237,823.
15-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
25-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts

We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
10 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, Lanaken · 1 establishment unit since 2003
seat establishment The establishment unit on the map
Ground area
6,143 m²
Building footprint
2,244 m²
Volume, LiDAR
15,609 m³
Parcel 73042C0251/00A000, Flanders · tallest building 8.7 m, ±3 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
Twinimmo
Europark 27, 3620 LanakenNACE 7414201
since 20032.133.628.529
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73042C0251/00A000 Flanders 6,143 m² 1 · 2,244 m² 8.7 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

2 mandates
Role Name Tenure
Curator MARK HUYGEN
RIEMSTERWEG 7A BUS 2, 3740 BILZEN-HOESELT
25-06-2026 → present
Curator MARTINE CLAESEN
RIEMSTERWEG 7A BUS 2, 3740 BILZEN-HOESELT-
25-06-2026 → present

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

According to the 2025 annual accounts of TWINIMMO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 1,279 companies in sector 81100 we hold annual accounts for 679. 396 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded28-05-2003
Fiscal year end31-12
Activities, NACEBEL 2025
81100Combined facilities support activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0480378345
Also 9925:BE0480378345
Registered 31-10-2023

The company is no longer active; its Peppol card can remain until its access point withdraws it.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.