Twintag
ActiveTwintag has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €781k and a net result of €-572k. Equity is shrinking by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 39% of 2672 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
63
/ 100
Healthy▲ +10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency74▼-14
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 3.75 against 4.73 in 2024), but 67.2% of the assets are financed with debt.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€572k
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 04-06-2026, 57 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
57 d early
2024
59 d early
2023
42 d early
2022
42 d early
2021
33 d early
2020
37 d early
2019
8 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€781k▼ 42.3%
2024 · €1.35M
2018: €1.30M
2019: €3.11M
2020: €2.13M
2021: €886k
2022: €2.75M
2023: €1.77M
2024: €1.35M
2018 → 2025
Total assets
€2.38M▼ 24.1%
2024 · €3.14M
2018: €2.39M
2019: €3.32M
2020: €3.64M
2021: €2.57M
2022: €3.20M
2023: €3.23M
2024: €3.14M
2018 → 2025
Net result
€-572k▲ 21.8%
2024 · €-732k
2018: €-462k
2019: €-612k
2020: €-978k
2021: €-1.25M
2022: €-1.65M
2023: €-971k
2024: €-732k
2018 → 2025
Working capital
€624k▼ 46.8%
2024 · €1.17M
2018: €781k
2019: €815k
2020: €921k
2021: €-925k
2022: €1.01M
2023: €1.26M
2024: €1.17M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€886k-€2.75M▲ 210%€1.77M▼ 35.4%€1.35M▼ 23.7%€781k▼ 42.3%
Operating result€-1.18M-€-1.63M▼ 38.2%€-958k▲ 41.2%€-657k▲ 31.5%€-480k▲ 26.8%
Net result€-1.25M-€-1.65M▼ 32.4%€-971k▲ 41.3%€-732k▲ 24.6%€-572k▲ 21.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €480k in 2025 against €657k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.38M
Fixed assets
€1.53M▼ 7.2%
Current assets
€851k▼ 42.8%
Equity and liabilities €2.38M
Equity
€781k▼ 42.3%
Debt
€1.60M▼ 10.3%
The debt ratio rises from 56.9% to 67.2%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€141k▲
2024 · €-31k
Cash flow
€50k▲
2024 · €-106k
Solvency
32.8%▼
2024 · 43.1%
Current ratio
3.75▼
2024 · 4.73
Quick ratio
3.75▼
2024 · 4.73
Debt / equity
2.05▲
2024 · 1.32
ROE
-73.3%▼
2024 · -54.1%
ROA
-24.0%▼
2024 · -23.3%
Interest coverage
1.60▲
2024 · -0.38
Debt
€1.60M▼
2024 · €1.79M
Debt ≤ 1 year
€227k▼
2024 · €315k
Debt > 1 year
€723k=
2024 · €723k
Income taxes
€4k▲
2024 · €-117
Staff costs
€429k▼
2024 · €499k
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€3.14M€2.38M▼
Fixed assets21/28€1.65M€1.53M▼
Intangible fixed assets21€1.65M€1.53M▼
Tangible fixed assets22/27€4k€2k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€465€0▼
Financial fixed assets28€436€436=
Current assets29/58€1.49M€851k▼
Amounts receivable within one year40/41€569k€277k▼
Trade receivables40€569k€268k▼
Other amounts receivable41€0€9k▲
Cash at bank and in hand54/58€842k€423k▼
Deferred charges and accrued income490/1€77k€151k▲
Equity and liabilities
Total equity and liabilities10/49€3.14M€2.38M▼
Equity10/15€1.35M€781k▼
Contributions10/11€8.01M€8.01M=
Capital10€260k€260k=
Issued capital100€260k€260k=
Outside capital11€7.75M€7.75M=
Share premium1100/10€7.75M€7.75M=
Profit (loss) carried forward14€-6.65M€-7.23M▼
Amounts payable17/49€1.79M€1.60M▼
Amounts payable after more than one year17€723k€723k=
Financial debts170/4€723k€723k=
Amounts payable within one year42/48€315k€227k▼
Trade debts44€192k€159k▼
Suppliers440/4€192k€159k▼
Taxes, remuneration and social security45€122k€68k▼
Taxes450/3€35k€20k▼
Remuneration and social security454/9€87k€48k▼
Other amounts payable47/48€321€0▼
Accrued charges and deferred income492/3€748k€652k▼
Income statement
Code20242025
Remuneration, social security and pensions62€499k€429k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€626k€622k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€24k
Other operating charges640/8€2k€3k▲
Gross operating margin9900€470k€598k▲
Operating profit (loss)9901€-657k€-480k▲
Financial income75/76B€7k€267▼
Recurring financial income75€920€267▼
Non-recurring financial income76B€7k€0▼
Financial charges65/66B€83k€89k▲
Recurring financial charges65€83k€89k▲
Profit (loss) for the period before taxes9903€-732k€-569k▲
Income taxes67/77€-117€4k▲
Profit (loss) for the period9904€-732k€-572k▲
Profit (loss) for the period to be appropriated9905€-732k€-572k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6.65M€-7.23M▼
Profit (loss) brought forward from the previous period14P€-5.92M€-6.65M▼
Social balance
Average headcount (FTE)90875.94.7▼
The notes to these accounts (17 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
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-1.65M
Net result drops to €-1.65M, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 27current ratio 5.18
Current ratio from 0.19 to 5.18; short-term debt falls from €1.14M to €241k.
31-12
Financial
Equity above €2MEq €2.75M ▲210%
Equity rises from €886k to €2.75M.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €2MEq €3.11M ▲139%
Equity rises from €1.30M to €3.11M.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
19 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, Herentals · 1 establishment unit since 2017
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.
Diamantstraat (HRT) 82200 HerentalsGround area
1.2 ha
Building footprint
3,044 m²
Volume, LiDAR
52,510 m³
Parcel 13027A0065/00F002, Flanders · tallest building 24.1 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Esoptra NV
since 20172.283.997.830
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13027A0065/00F002 | Flanders | 1.2 ha | 1 · 3,044 m² | 24.1 m · 6 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 9 entries · 262,492 EUR awarded · 146,896 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 4 | 100,360 EUR | 67,216 EUR |
| 2024 | 4 | 154,632 EUR | 72,180 EUR |
| 2023 | 1 | 7,500 EUR | 7,500 EUR |
Schemes
Subsidies in het kader van de circulaire economie
Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Subsidies voor internationaal ondernemen
Federal government
2024 to 2025 · 2 entries · 212,666 EUR in total| Year | Department | Transactions | Amount |
|---|---|---|---|
| 2025 | FOD Beleid & Ondersteuning | 1 | 139,998 EUR |
| 2024 | FOD Beleid & Ondersteuning | 1 | 72,668 EUR |
Budget allocations
Economie van de toekomst en productiviteit: subsidies aan bedrijven
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Of 16,807 companies in sector 62100 we hold annual accounts for 8,747. 4,621 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded08-02-2017
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 8 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.