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Complete company report
Generated 02-08-2026
Active BE 0804.583.227Private limited company

Twinstar Ventures

Torenerf 12 ·2235 Hulshout, Belgium· 2 yrs active
Sector: Retail trade (47120)
Conclusion Checked

The computed 12-month bankruptcy probability of Twinstar Ventures is 4.9% (elevated). The 2024 annual accounts show negative equity (€-163) and a net result of €-2k. Its solvency ranks better than 24% of 6690 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €-163
Net result €-2k
Better than sector 24%
Active 2 yrs
Snowflake analysis 5 axes · computed by Checked
Health25Profitability100Solvency43Growth50Stability67
57 / 100

Mixed profile: strong on profitability, weaker on health.

Health 25
Profitability 100
Solvency 43
Growth 50
Stability 67
Bankruptcy probability (12 mo) Checked model v1 · free
4.9% Elevated
0%0,5%1,5%4%10%≥25%
Annual accounts: weaker financial profile +Young company +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Young company
Founded in 2023, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
25 / 100 Weak
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 28-02-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -6.7% 20.4%
better than 24% of 6690 sector peers
Net result €-2k €4k
better than 30% of 6670 sector peers
Equity €-163 €16k
better than 27% of 6704 sector peers
Gross operating margin €-2k €24k
better than 16% of 6649 sector peers
Total assets €2k €94k
better than 5% of 6694 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Revenue-
EBITDA-
Net profit€-2k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€2k
Equity€-163
Debt€3k
of which ≤ 1y€3k
of which > 1y-
Working capital€-163
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.94
Quick ratio0.94
Working capital ratio-6.7%
Solvency-6.7%
Debt / equity-16.00
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA-88.5%
ROE1327.7%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€2k
Current assets 29/58€2k
Amounts receivable within one year 40/41€444
Cash & bank 54/58€2k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€2k
Equity 10/15€-163
Contributions / capital 10/11€2k
Accumulated profits (losses) 14€-2k
Amounts payable 17/49€3k
Amounts payable within one year 42/48€3k
Income statement
Gross operating margin 9900€-2k
Operating result 9901€-2k
Result before taxes 9903€-2k
Net result for the period 9904€-2k
Result to be appropriated 9905€-2k
Ratios computed by Checked.
Legal Structure
NACE primary Retail trade(47120)
Legal form Private limited company(610)
Incorporation04-08-2023
StatusActive
Postal code2235
Establishment units 1 location
Twinstar Ventures
Torenerf 12, 2235 HulshoutBemiddelingsactiviteiten in verband met de niet-gespecialiseerde detailhandel
since 20232.354.406.368
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13016D0044/00K000 Flanders 846 m² 1 · 187 m² 9.3 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 2 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
28-02-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
19-09-2024
State Gazette act Registered-office change
Belgisch Staatsblad, acts 1 acts
Address history · 1
19-09-2024
Registered-office move
All acts · 1 updated 1 year ago
2024
19-09-2024 Registered office moved from Heusden-Zolder to Hulshout Registered-office change
  • Zandstraat 181, 3550 Heusden-Zolder → Torenerf 12, 2235 Hulshout
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Torenerf 12, 2235 Hulshout",
        "city": "Hulshout",
        "region": "vlaams_gewest",
        "street": "Torenerf",
        "country": "BE",
        "postcode": "2235",
        "box_number": null,
        "street_number": "12",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Zandstraat 181, 3550 Heusden-Zolder",
        "city": "Heusden-Zolder",
        "region": "vlaams_gewest",
        "street": "Zandstraat",
        "country": "BE",
        "postcode": "3550",
        "box_number": null,
        "street_number": "181",
        "locality_suffix": null
      },
      "effective_date": "2024-07-29",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "absolute",
      "statutaire_vs_werkelijke": null,
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2024-09-19",
    "filing_date": "2024-09-10",
    "act_kind_objet": "Zetel (zetelverplaatsing)"
  },
  "decision": {
    "body": "bevoegde_bestuursorgaan",
    "date": "2024-07-29",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0804.583.227",
    "name_full": "Twinstar Ventures",
    "legal_form": "BV",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "org",
    "org_kbo": "0479.364.793",
    "org_name": "BV BALILO",
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [
    "de notulen van de bestuursvergadering dd. 29/07/2024"
  ]
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Overige niet-gespecialiseerde detailhandel47120Detailhandel via postorderbedrijven of via internet47910Maken van geluidsopnamen59201Maken van geluidsopnamen59201Geluidsopnamestudio's59202Geluidsopnamestudio's59202Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Beoefening van uitvoerende kunsten door zelfstandig werkende artiesten90011Scheppende kunsten, m.u.v. ondersteunende diensten90031Literaire creatie90111Beoefening van uitvoerende kunsten door zelfstandig werkende artiesten90201
Primary activity highlighted.
Names & trade names
Legal nameNL Twinstar Ventures
Registered office
Torenerf 12
2235 Hulshout, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative