TWINNS
ActiveSummary
TWINNS has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €279,598 and a net result of €49,252. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 90% of 9,627 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- TWINNS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, iedere verandering in bijlage Belgisch Staatsblad door zorgen bestuursorgaan” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Het bestuursorgaan vertegenwoordigt de vennootschap jegens derden, met inbegrip van de vertegenwoordiging in rechte. Indien er verschillende…”
- Board ruleHow the board is made up, meets and takes decisions.
- “1, algemene vergadering kan mandaat steeds beëindigen wegens wettige reden zonder opzeggingstermijn of vertrekvergoeding” (deed in Dutch)“Alle handelingen nodig of dienstig tot verwezenlijking voorwerp overeenkomstig artikel 5:73 WVV, handelingen waarvoor volgens wet alleen…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of May at 16:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Op elk moment, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding en sluiting in één akte, onmiddellijke sluiting vereffening” (deed in Dutch)“Benoeming vereffenaars, te allen tijde” (deed in Dutch)