Twinkeling is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €151k and a net result of €-44k. Equity is shrinking by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 88% of 5498 sector peers (fiscal year 2025). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 02-07-2026, 29 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
29 d early
2024
15 d early
2023
19 d early
2022
17 d early
2021
16 d early
2021
158 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€151k▼ 22.6%
2024 · €195k
2021: €240k
2022: €227k
2023: €226k
2024: €195k
2021 → 2025
Net result
€-44k▼ 40.3%
2024 · €-31k
2021: €-37k
2022: €59k
2023: €-626
2024: €-31k
2021 → 2025
Total assets
€162k▼ 21.4%
2024 · €206k
2021: €248k
2022: €241k
2023: €233k
2024: €206k
2021 → 2025
Solvency
93.3%▼ 1.4pp
2024 · 94.7%
2021: 96.5%
2022: 94.1%
2023: 96.9%
2024: 94.7%
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€240k-€227k▼ 5.5%€226k▼ 0.3%€195k▼ 13.9%€151k▼ 22.6%
Operating result€-41k-€70k€-163€-32k▼ 19,514%€-44k▼ 37.2%
Net result€-37k-€59k€-626€-31k▼ 4,900%€-44k▼ 40.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €44k in 2025 against €32k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €162k
Fixed assets
€13k▼ 38.6%
Current assets
€149k▼ 19.5%
Equity and liabilities €162k
Equity
€151k▼ 22.6%
Debt
€11k▼ 0.8%
The debt ratio rises from 5.3% to 6.7%. Equity and debt are lower.
Key figures and ratios
Solvency
93.3%▼
2024 · 94.7%
ROE
-29.1%▼
2024 · -16.1%
ROA
-27.2%▼
2024 · -15.2%
Debt
€11k▼
2024 · €11k
Debt ≤ 1 year
€11k▼
2024 · €11k
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€206k€162k▼
Fixed assets21/28€21k€13k▼
Tangible fixed assets22/27€19k€11k▼
Furniture and vehicles24€19k€11k▼
Financial fixed assets28€2k€2k=
Current assets29/58€185k€149k▼
Amounts receivable within one year40/41€32k€28k▼
Trade receivables40€17k€8k▼
Other amounts receivable41€15k€20k▲
Cash at bank and in hand54/58€153k€121k▼
Equity and liabilities
Total equity and liabilities10/49€206k€162k▼
Equity10/15€195k€151k▼
Contributions10/11€18k€18k=
Reserves13€177k€133k▼
Distributable reserves133€177k€133k▼
Amounts payable17/49€11k€11k▼
Amounts payable within one year42/48€11k€11k▼
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€1k€1k▲
Taxes450/3€1k€1k▲
Other amounts payable47/48€8k€7k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€8k▲
Other operating charges640/8€505€520▲
Gross operating margin9900€-24k€-35k▼
Operating profit (loss)9901€-32k€-44k▼
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€587€2k▲
Recurring financial charges65€587€2k▲
Profit (loss) for the period before taxes9903€-31k€-44k▼
Profit (loss) for the period9904€-31k€-44k▼
Profit (loss) for the period to be appropriated9905€-31k€-44k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-31k€-44k▼
Transfer from equity791/2€31k€44k▲
The notes to these accounts (5 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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-44k
Net result drops to €-44k, the lowest in the series.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €59k
Net result €59k after one loss-making year.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-10
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified 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, Antwerpen · 1 establishment unit since 2021
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.
Kreeftstraat 222018 AntwerpenGround area
149 m²
Building footprint
94 m²
Volume, LiDAR
780 m³
Parcel 11806F1284/00D013, Flanders · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Twinkeling
since 20212.322.197.717
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11806F1284/00D013 | Flanders | 149 m² | 1 · 94 m² | 12.7 m · 3 fl. |
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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Of 24,726 companies in sector 64210 we hold annual accounts for 19,747. 13,220 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-03-2005
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
82990Other business support services
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.