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TwinnTax

Active Private limited companyfounded 2019active for 7 yearsArnaud Fraiteurlaan 15/23, 1050 IxellesKBO/BCE: BE 0736.391.138 subsidiary of Visma Belgium Holding
Part of the group VISMA AS 36 companies in 11 countries
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Timeline

25 events since 2019

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBabbreviated format · 15 days before the deadline
2025
Highest result from 2019 to 2025 net €1.6m ▲94.2% The operating result of €1.9m and the net result of €1.6m are both a record.
Liquidity more than quadruples current ratio 9.63 The current ratio rises from 2.15 to 9.63. Short-term debt falls from €526,658 to €242,277.
Equity above €2m equity €2.2m ▲291% After 4 profitable years in a row, equity reaches €2.2m.
1 director appointed, 1 statutory auditor appointed, 1 resignationResignation: OlivierDaxhelet · Appointments: LaMaisonÉcologique and ErnstenYoungBedrijfsrevisoren (statutory auditor) · Permanent representative: OlivierDaxhelet · General meeting of 03-11-20255 points ▸

Open the deed in the Belgian Official Gazette

Amendment of the articles3 points ▸
  • Amendment of the articles, article 13
  • Amendment of the articles, article 24
  • 1,457,000 shares
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2024 filed PDFfull format · 1 day before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0736391138
2024
Equity above €500,000 equity €552,885 ▲27.2% After 3 profitable years in a row, equity reaches €552,885.
Amendment of the articlesCancellation of 120,000 shares · DAXHELET Olivier holds 1,122,000 shares · BORREMANS Pierre Philippe Anne Germain holds 140,000 shares · General meeting of 23-10-20248 points ▸
  • General meeting, 23-10-2024
  • DAXHELET Olivier holds 1,122,000 shares
  • BORREMANS Pierre Philippe Anne Germain holds 140,000 shares
  • THIMUS François-Xavier Jacques Marie Maurice holds 98,000 shares
  • DE TAEYE Jonas holds 70,000 shares
  • LEFÈVRE Arnaud holds 20,000 shares
  • CAHILL Barry Michael holds 7,000 shares
  • The company holds 120,000 shares of TwinnTax
  • The deed holds 16 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2023 filed PDFfull format · 33 days before the deadline
Company renamed from TWINNTECH to TwinnTaxRegistered office moved from Namur to Ixelles · New registered office: Avenue Arnaud Fraiteur, 15/23, 1050 Ixelles · Previous registered office: Rue d’Ecolys, numéro 30, 5020 Namur · General meeting of 23-01-202414 points ▸
  • General meeting, 23-01-2024
  • Incorporation, 14-10-2019
  • DAXHELET Olivier holds 1,122,000 shares
  • BORREMANS Pierre Philippe Anne Germain holds 140,000 shares
  • THIMUS François-Xavier Jacques Marie Maurice holds 98,000 shares
  • DE TAEYE Jonas holds 70,000 shares
  • LEFÈVRE Arnaud holds 20,000 shares
  • CAHILL Barry Michael holds 7,000 shares
  • The company holds 120,000 shares of TWINNTECH
  • 1,577,000 shares, mentioned twice in the deed
  • Name change, TwinnTax
  • Registered-office move, Avenue Arnaud Fraiteur, 15/23, 1050 Ixelles
  • Power of attorney, Edouard-Jean NAVEZ
  • Registered office clause, Avenue Arnaud Fraiteur, 15/23, 1050 Ixelles
  • The deed holds 12 more points.

Open the deed in the Belgian Official Gazette

2023
Annual accounts 2022 filed PDFmicro format · 3 days before the deadline
New establishment in Ixelles TWINNTECH, Arnaud Fraiteurlaan 15
2022
Back to profit net €108,012 The net result is €108,012, after one loss-making year.
Annual accounts 2021 filed PDFmicro format · 25 days late
2021
Weakest financial year net -€79,908 The net result drops to -€79,908, the lowest from 2019 to 2025. It recovers the following year.
Annual accounts 2020 filed PDFmicro format · 39 days before the deadline
2020
Back to profit net €20,086 The net result is €20,086, after one loss-making year.
Equity above €200,000 equity €213,099 ▲31% Equity rises from €162,638 to €213,099.
Annual accounts 2019 filed PDFmicro format · 144 days late
2019
Capital increase of €177,000 to €217,000Capital from €40,000 to €217,000, 177,000 new shares · Contributions: Spreds Finance (€120,000, 120,000 shares); LEFÈVRE Arnaud (€20,000, 20,000 shares); CAHILL Barry Michael (€7,000, 7,000 shares) · DAXHELET Olivier holds 1,122,000 shares · General meeting of 20-12-201914 points ▸
  • General meeting, 20-12-2019
  • DAXHELET Olivier holds 1,122,000 shares
  • DESCAMPS Pascal Pierre Henri Jean Daniel holds 70,000 shares
  • THIMUS François-Xavier Jacques Marie Maurice holds 83,000 shares
  • de TAYE Jonas holds 55,000 shares
  • BORREMANS Pierre Philippe Anne Germain holds 70,000 shares
  • Capital increase, €177,000, mentioned twice in the deed
  • Share issue, €15,000, mentioned twice in the deed
  • Capital contribution, €120,000
  • Capital contribution, €20,000
  • Capital contribution, €7,000
  • Capital increase, €217,000
  • Amendment of the articles, article 5
  • Amendment of the articles, article 8
  • The deed holds 12 more points.

Open the deed in the Belgian Official Gazette

Share issue · Amendment of the articlesDAXHELET Olivier holds 900 shares · DESCAMPS Pascal Pierre Henri Jean Daniel holds 100 shares · General meeting of 20-12-20194 points ▸
  • General meeting, 20-12-2019
  • DAXHELET Olivier holds 900 shares
  • DESCAMPS Pascal Pierre Henri Jean Daniel holds 100 shares
  • Amendment of the articles, article 5
  • The deed holds 7 more points.

Open the deed in the Belgian Official Gazette

IncorporationFounding capital of €40,000, 1,000 shares · Founders: DAXHELET Olivier and DESCAMPS Pascal Pierre Henri Jean Daniel · Appointment: DAXHELET Olivier (director) · published on 17-10-20196 points ▸
  • Founder, DAXHELET Olivier
  • Founder, DESCAMPS Pascal Pierre Henri Jean Daniel
  • Founding capital, €40,000, 1,000 shares
  • 1,000 shares
  • Registered office clause, Avenue d’Ecolys, numéro 30, 5020 Suarlée
  • Director appointment, DAXHELET Olivier (director (not named in the articles))
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

First establishment TWINNTECH, Avenue d'Ecolys 30, Namur

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

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

TwinnTax was incorporated on 15 October 2019 as a private limited company by two natural persons, with a starting capital of €40,000.12 In 2019 the capital was increased by €177,000 to €217,000.3 Since 2024 the company has been called TwinnTax.4 The registered office was moved to Ixelles in 2024.4 LA MAISON ECOLOGIQUE is director of the company, appointed by deed of 03-12-2025.5 Total assets rose from €182,138 in 2019 to €2.4m in 2025 and headcount from 2.6 full-time equivalents in 2023 to 4 in 2025.6

  1. 1KBO register
  2. 2Belgian Official Gazette, 17-10-2019
  3. 3Belgian Official Gazette, 30-12-2019
  4. 4Belgian Official Gazette, 09-02-2024
  5. 5Belgian Official Gazette, 03-12-2025
  6. 6National Bank, annual accounts 2019, 2023 and 2025

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