TWINNINGTEAM
ActiveSummary
TWINNINGTEAM has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-6k) and a net result of €-9k. Equity is shrinking by ~29.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 2304 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
21
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-9
Solvency0▼-34
Growth32=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Age of the figures
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €-6k
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 28-07-2026, 3 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
3 d early
2024
on the day
2023
15 d late
2022
70 d late
2021
61 d late
2020
207 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-6k
2024 · €3k
2020: €9k
2021: €10k
2022: €6k
2023: €14k
2024: €3k
2020 → 2025
Total assets
€2k▼ 94.9%
2024 · €35k
2020: €14k
2021: €14k
2022: €13k
2023: €54k
2024: €35k
2020 → 2025
Net result
€-9k▲ 17.6%
2024 · €-11k
2020: €-5k
2021: €1k
2022: €-4k
2023: €7k
2024: €-11k
2020 → 2025
Working capital
€-6k▼ 4.6%
2024 · €-6k
2020: €4k
2021: €6k
2022: €3k
2023: €3k
2024: €-6k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€10k-€6k▼ 35.2%€14k▲ 113%€3k▼ 77.5%€-6k
Operating result€2k-€-3k€9k€-9k€-8k▲ 11.4%
Net result€1k-€-4k€7k€-11k€-9k▲ 17.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2025 against €9k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2k
Fixed assets
€156 ▼ 99.3%
Current assets
€2k ▼ 85.3%
Key figures and ratios
EBITDA
€-8k▼
2024 · €2k
Cash flow
€-9k▼
2024 · €-132
Interest coverage
-7.61▼
2024 · 1.10
Debt
€7k▼
2024 · €32k
Debt ≤ 1 year
€7k▼
2024 · €17k
Income taxes
€1▼
2024 · €293
Ratios withheld: a balance sheet total of €2k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€35k€2k▼
Fixed assets21/28€24k€156▼
Tangible fixed assets22/27€24k€156▼
Furniture and vehicles24€24k€156▼
Current assets29/58€11k€2k▼
Amounts receivable within one year40/41€10k€2k▼
Trade receivables40€2k-
Other amounts receivable41€7k€2k▼
Cash at bank and in hand54/58€1k€10▼
Deferred charges and accrued income490/1-€87
Equity and liabilities
Total equity and liabilities10/49€35k€2k▼
Equity10/15€3k€-6k▼
Contributions10/11€14k€14k=
Reserves13€5k€5k=
Distributable reserves133€5k€5k=
Profit (loss) carried forward14€-16k€-25k▼
Amounts payable17/49€32k€7k▼
Amounts payable after more than one year17€15k-
Financial debts170/4€15k-
Amounts payable within one year42/48€17k€7k▼
Current portion of amounts payable after more than one year42€9k-
Trade debts44€1k-
Suppliers440/4€1k-
Taxes, remuneration and social security45€180€37▼
Taxes450/3€180€37▼
Other amounts payable47/48€7k€7k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€167▼
Other operating charges640/8€2k-
Non-recurring operating charges66A-€5k
Gross operating margin9900€4k€-3k▼
Operating profit (loss)9901€-9k€-8k▲
Financial charges65/66B€2k€1,000▼
Recurring financial charges65€2k€1,000▼
Profit (loss) for the period before taxes9903€-10k€-9k▲
Income taxes67/77€293€1▼
Profit (loss) for the period9904€-11k€-9k▲
Profit (loss) for the period to be appropriated9905€-11k€-9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-25k▼
Profit (loss) brought forward from the previous period14P€-5k€-16k▼
The notes to these accounts (7 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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-11k ▼246%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
15-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 15 days late
2023
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
23-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 207 days late
2021
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Lasne · 1 establishment unit since 2019
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.
Grand Chemin 13A1380 LasneGround area
5,791 m²
Building footprint
276 m²
Volume, LiDAR
1,689 m³
2 parcels, Wallonia · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TWINNINGTEAM
since 20192.285.878.145
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25051F0567/00A000 | Wallonia | 4,385 m² | 1 · 54 m² | - |
| 25021E0034/00L000 | Wallonia | 1,406 m² | 1 · 221 m² | 11.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
JLL HORSE CONCEPT
BE 0778.820.225
Vaux-sur-Sûre · Eq €3,099
Anglo Hamme
BE 1001.292.594
Antwerpen · Eq €3,040
ALEXANDRINE
BE 0804.414.565
Watermaal-Bosvoorde · Eq €3,168
SV Blauw-Wit Temse
BE 0766.687.109
Temse · Eq €3,022
'T BOONHOF
BE 0472.380.201
Nijlen · Eq €3,190
Of 3,292 companies in sector 93110 we hold annual accounts for 1,495. 300 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
93110Operation of sports facilities
46496Wholesale trade
47639Retail sale of other sporting goods
82300Organisation of conventions and trade shows
86995Nutrition and dietetics services
96230Day spas, saunas and steam baths
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.