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TWINTEC

Active Public limited companyfounded 1996active for 30 yearsRue d'Artagnan 28, 4600 ViséKBO/BCE: BE 0457.315.903 subsidiary of TWINTEC GROUP sarl#1 company by total assets in Visé, Construction sector
TWINTEC
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Overview

Lifetime

19 annual accounts with figures on one time axis, 29 filings since 1996
Turnoverpeak €18.8m (2016)
€9.6m▼ 11.5%
Resultlowest -€628,815 (2020)
€271,382▼ 59.3%
Equitypeak €23.6m (2024)
€23.6m▲ 25.4%
Debts
€35.6m▲ 3.1%
Staffpeak 35.8 FTE (2008)
29 FTE▼ 2.0%
Board6 names since 2018
1 directorINITIATEL
Owners6 names in the annual accounts
83.65%TWINTEC GROUP sarl and 2 others
Documentsfilings and deeds
26-06-202535 days before the deadline
2024financial year
Result from €666,972 to €271,382Resignation: NOSHAQ PARTNERS (director) 17-12Capital increase of €4,500,000 30-01Equity from €18.8m to €23.6mCash from €792,318 to €272,590

Key points

from the 2024 annual accounts

Result

€271,382 ▼ 59.3%
€667,0002023€271,0002024

The result fell in 2024: merger with COSIMOS.

Investments

€129,167 0.2 × depreciation
2021202220232024

Green is investment, beige is depreciation.

Staff

28 employees on 31-12-2024
102021102022332023242024

In 2024, 2 people joined and 4 left.

Payment terms

555 days to suppliers
Suppliers
498 to 555
Customers
82 to 98

TWINTEC pays its suppliers 57 days later than in 2023. Customers pay 16 days later.

Filings

29 annual accounts 41 filings, 98 days past the deadline
AprilJune31 JulyOctober200020102020

2025 accounts not filed: deadline was 31-07-2026.

Position in the sector

€23.6m

More equity than 95% of companies in construction of buildings. Sector median €316,902 · 1,280 companies.

Standalone figures, without subsidiaries

Checked score

54
Fair
Financially stronger than 41% of small companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 910 companies (NACE 41, small).

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.0% 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 0.6%▼ -0.4 percentage points vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026lowest value 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 1.1%▲ +0.5 percentage points vs 07-2026 09-2026: 1.3%▲ +0.2 percentage points vs 08-2026 10-2026: 1.7%▲ +0.4 percentage points vs 09-2026highest value 11-2026: 1.7%● unchanged vs 10-2026highest value

Financial strength
Weak

Solvency
65+5equity 39.8% of total assets
Liquidity
26-1short-term debt 49.2% · cash 0.5%
Profitability
32-17return on assets 0.5%

Score breakdown

raises risk
Figures for financial year 2024 (filed on 27-06-2025)
Liquidity: current ratio 0.82, cash €272,590, halved
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Founded in 1996
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, small). It does better than 61% of them on solvency, 28% on liquidity, 19% on profitability and 58% on growth.

The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2024.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit verdict

Credit of up to €950,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity is insufficient, with a current ratio of 0.82 (0.67 in 2023), below 1. Short-term debt is 49.2% and cash 0.5% of total assets. 60.2% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed on 27-06-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.82, cash €272,590, halved
NBB · annual accounts
lowers risk · Founded in 1996
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 98 days later.
NBB · 5 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline06-11-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
not filed
2024
35 days early
2023
225 days late
2022
47 days early
2021
45 days early
2020
30 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 26 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

last known board
I
INITIATEL
Director, until 2026
RI
RSM INTERAUDIT
Auditor, Michaël FOCANT
  • TWINTEC GROUP sarl 83.65%annual accounts 2024
  • BLCAP sarl 7.04%annual accounts 2024

Shares in 11 companies, including Twintec Holding France SAS and Twintec Holding GMBH

Board & ownership

Recent changes

Resignation: INITIATEL (director) Permanent representative: Bernard GENDEBIEN · Director discharge: INITIATEL · Twintec Group is a shareholder · General meeting of 15-09-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0457315903
Appointments: RSM InterAudit SRL (statutory auditor) and LIBRA Audit & Assurance SRL (statutory auditor) General meeting of 24-06-25 · Gazette deed
Resignation: NOSHAQ PARTNERS (director) Permanent representative: Dimitri LIQUET · Gazette deed
All 61 events

Comparable companies

same main activity, similar in size and age
Company Turnover EBIT margin Solvency Staff
TWINTEC Visé €9.6m -0.1% 39.8% 29
CONSTRUCTIONS LOUWET Fexhe-le-Haut-Clocher €30.8m 8.4% 85.2% 29.6
BERNARD CONSTRUCTION Villers-le-Bouillet €30.3m 3.5% 4.2% 42.9
MEVACO - BOUWBEDRIJF Aalter €21.1m 4.7% 51.0% 46.8
JOHAN MICHIELSEN BEDRIJFSGEBOUWEN Hoogstraten €27.1m 1.7% 86.7% 32.3
AXOR Bocholt €15.8m 2.5% 14.8% 30.1
WILLY NAESSENS GENERAL CONTRACTOR Tessenderlo-Ham €33.7m 1.5% 19.0% 31.6
-10%0%10%20%€10m€100m€1bnTWINTECEBIT margin

Grey: the largest companies of the sector (construction of buildings (NACE 41)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as TWINTEC: general construction of other non-residential buildings (NACE 41003). They are comparable in size and age: total assets between €12m and €33m, founded between 1979 and 2003.

Official details

Source: KBO
Status
Active since 28-02-1996Normal situation
Registered office
16 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 6 November 2026.
Activity
General construction of other non-residential buildingsNACE 41003and 1 other
Joint committees
124Construction
200Auxiliary committee for white-collar workers · annual accounts 2024
Establishment unit
2.075.756.6464600 Visé, since 22-03-1996
Financial year end
31 December
Peppol
Reachable since 16-10-2025
Company details

Annual accounts 2024

Turnover
€9.6m▼ 11.5%
Profit
€271,382▼ 59.3%
Equity
€23.6m▲ 25.4%
Total assets
€59.2m▲ 11.0%
Employeeson 31-12-2024
28▼ 6.7%
Filing
Filed on 26-06-2025
Financials

Insights on TWINTEC

TWINTEC has existed since 1996. Turnover fell from €15.1m in 2008 to €5.3m in 2010.

TWINTEC GROUP sarl holds 83.65% of the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2024

full format, standalone accounts, filed on 26-06-2025, 35 days before the deadline

2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 6 November 2026.

Turnover
€9.6m
▼ 11.5%
Operating result
-€10,917
▼ €1.0m
EBITDA
€743,666
▼ 57.5%
Cash flow
€1.0m
▼ 26.6%
Solvency
39.8%
▲ 4.6 percentage points
Current ratio
0.82
▲ 0.15

The company also files consolidated accounts, with the figures of the whole group.

In the rankings #1 company by total assets in Visé, Construction sector#1 company by equity in Visé, Construction sector#9 employer in Visé

Money flows

of every €100 of turnover, €2.84 remains as profit in 2024

Balance sheet

balance sheet total €59.2m on 31-12-2024
What the company ownsHow it is paid for

Change in equityin €m

Change in cashin €m

Position in the sector

Compare with sector

Solvency39.8%

Higher than 61% of 1,280 companies in 2024.

Current ratio0.82

Higher than 14% of 1,267 companies in 2024.

Return on assets0.5%

Higher than 33% of 1,275 companies in 2024.

TWINTEC Middle half of the sector 80% of the sector Full accounts in construction of buildings (NACE 41)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter · Staff: middle half

Staff

Men and women8% women

25.5 men and 2.2 women in full-time equivalents in 2024.

Staff cost per FTE€43,529

Staff costs divided by the average number of full-time equivalents.

Joined and left-2

Training hours in 2024: 2,720.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
Total assets20/58 59.2m53.4m50.8m52.7m37.9m37.7m26.2m22.0m20.4m19.4m16.7m12.4m8.9m4.0m2.8m4.9m4.7m5.3m4.1m
Fixed assets21/28 35.3m35.5m36.5m33.8m22.9m25.9m18.0m9.1m9.7m9.8m8.7m6.6m3.4m189,591172,785158,227164,054187,622237,782
Intangible fixed assets21 147,693197,3886,93138,97872,7833.1m3.1m126,998560,000630,000700,000--------
Tangible fixed assets22/27 2.0m2.6m2.6m1.8m8,841580,3712,37310,466428,460645,637721,532264,110134,34921,05814,9854926,40430,416100,798
Land and buildings22 113,739116,895-----------------
Plant, machinery and equipment23 468,358585,92632,84044,8972,041574,59909,565425,743630,950714,150258,500120,0004,4009,200--3,94310,908
Furniture and vehicles24 16,60329,14021,75515,3586,8015,7722,3739012,71714,6877,3825,61014,34916,6585,7854926,40426,47289,890
Leasing and similar rights25 1.4m1.9m2.5m1.7m---------------
Financial fixed assets28 33.2m32.7m33.9m32.0m22.8m22.2m14.8m8.9m8.7m8.6m7.3m6.4m3.3m168,533157,800157,736157,650157,207136,984
Affiliated companies280/1 33.0m32.6m33.7m31.8m18.8m18.6m14.6m8.6m8.4m7.0m7.0m6.0m3.1m------
Participating interests280 29.2m28.7m28.1m28.1m17.2m14.1m10.1m7.5m7.0m7.0m7.0m6.0m3.1m------
Amounts receivable281 3.8m3.9m5.7m3.7m1.5m4.5m4.5m1.1m1.4m----------
Companies linked by participating interests282/3 ----3.9m3.5m-150,000150,000150,000150,000150,000-------
Participating interests282 ----3.9m3.5m-150,000150,000150,000150,000150,000-------
Other financial fixed assets284/8 151,955164,993175,799175,407172,443172,440174,860174,855173,9501.5m173,421173,368173,345168,533157,800157,736157,650157,207136,984
Shares284 15,35015,35015,35015,35015,35015,35015,35015,35015,35015,35015,35015,35015,35014,90013,92513,92513,92513,92512,098
Amounts receivable and cash guarantees285/8 136,605149,643160,449160,057157,093157,090159,510159,505158,6001.4m158,071158,018157,995153,633143,875143,811143,725143,282124,886
Current assets29/58 23.9m17.8m14.4m18.9m14.9m11.7m8.2m12.9m10.6m9.6m8.0m5.8m5.5m3.9m2.6m4.7m4.6m5.1m3.9m
Amounts receivable after more than one year29 055,938172,367405,6921.2m-0-623,0981.1m---------
Other amounts receivable291 055,938172,367405,6921.2m-00623,0981.1m---------
Stocks and contracts in progress3 1.2m1.2m1.3m1.3m569,010240,296135,137464,563847,691728,3831.9m159,828124,849187,079-48,07854,740--
Stocks30/36 1.2m1.2m1.3m1.3m569,010240,296135,137464,563806,028728,383-159,828124,849187,079-----
Raw materials and consumables30/31 1.2m1.2m1.3m1.3m555,648240,29661,484220,958806,028679,243-159,828124,849187,079-----
Work in progress32 ---013,362073,654243,605-49,141---------
Contracts in progress37 ----0--041,663-1.9m----48,07854,740--
Amounts receivable within one year40/41 22.4m15.7m12.1m16.0m12.7m10.1m8.0m12.3m8.8m7.6m5.9m5.3m4.8m3.3m2.1m4.3m4.3m4.9m3.0m
Trade receivables40 2.6m2.4m1.2m2.8m4.5m5.7m6.0m7.8m6.9m6.5m3.6m3.5m4.6m3.2m2.0m4.2m4.2m4.7m2.9m
Other amounts receivable41 19.9m13.3m10.9m13.3m8.2m4.4m2.0m4.5m2.0m1.1m2.3m1.7m282,685104,14092,340128,57795,621204,770121,381
Cash at bank and in hand54/58 272,590792,318721,4381.1m456,4881.2m102,973138,375330,487122,071201,275317,694563,134383,650506,576367,126181,492163,040848,152
Deferred charges and accrued income490/1 24,96023,37253,68430,70457,131128,20214,41521,78716,8735,84246,78712,3967671,23460633108,259609
Balance sheet: equity and liabilities
Total equity and liabilities10/49 59.2m53.4m50.8m52.7m37.9m37.7m26.2m22.0m20.4m19.4m16.7m12.4m8.9m4.0m2.8m4.9m4.7m5.3m4.1m
Equity10/15 23.6m18.8m18.1m17.6m8.9m8.5m5.0m4.5m4.1m3.8m3.3m2.6m872,622609,938463,056737,824780,189874,721850,296
Contributions10/11 10.3m5.8m5.8m5.8m2.8m1.8m1.8m1.8m1.8m1.8m1.8m1.2m247,894247,894247,894247,894247,894247,894247,894
Capital10 10.3m5.8m5.8m5.8m---------------
Issued capital100 10.3m5.8m5.8m5.8m2.8m1.8m1.8m1.8m1.8m1.8m1.8m1.2m247,894247,894247,894247,894247,894247,894247,894
Reserves13 791,908778,339778,339778,339378,339378,339378,339378,339378,339378,339300,000265,000224,789224,789224,789224,78924,78924,78924,789
Non-distributable reserves130/1 591,908578,339578,339578,339178,339--------------
Legal reserve130 591,908578,339578,339578,339178,339178,339178,339178,339178,339178,339100,00065,00024,78924,78924,78924,78924,78924,78924,789
Distributable reserves133 200,000200,000200,000200,000200,000200,000200,000200,000200,000200,000200,000200,000200,000200,000200,000200,000---
Profit (loss) carried forward14 12.5m12.3m11.6m11.1m5.7m6.3m2.8m2.3m2.0m1.6m1.2m1.1m399,939137,255-9,627265,141507,507602,038577,613
Provisions and deferred taxes16 16,00016,00016,00076,75876,758--------------
Provisions for liabilities and charges160/5 16,00016,00016,00076,75876,758--------------
Environmental obligations163 16,00016,00016,00076,75876,758--------------
Other liabilities and charges164/5 ----0--------------
Amounts payable17/49 35.6m34.5m32.7m35.0m28.9m29.2m21.2m17.5m16.2m15.6m13.4m9.8m8.1m3.4m2.3m4.1m4.0m4.4m3.2m
Amounts payable after more than one year17 6.5m7.8m9.2m9.2m8.6m5.3m5.6m1.8m2.7m3.8m4.6m2.5m1.1m----8,79625,294
Financial debts170/4 6.5m7.8m9.2m9.2m8.6m5.3m5.6m1.8m2.7m3.8m4.6m2.5m1.1m----8,79625,294
Subordinated loans170 250,0005.2m6.1m5.6m1.4m2.8m2.1m075,000175,000275,000375,000-------
Unsubordinated bonds171 5.2m1.4m590,649662,077339,286-1.6m1.7m2.3m2.9m3.4m892,5001.1m------
Leasing and similar obligations172 501,336951,5941.7m1.4m557,456--------------
Credit institutions173 0272,612798,2861.5m2.1m2.4m1.8m74,876353,796656,155921,3441.2m-----8,79625,294
Other loans174 500,000---4.3m33,334133,334------------
Other amounts payable178/9 ----00-------------
Amounts payable within one year42/48 29.1m26.7m23.5m25.7m20.3m23.9m15.6m15.7m13.4m11.8m8.8m7.3m7.0m3.4m2.3m4.1m3.9m4.4m3.2m
Current portion of amounts payable after more than one year42 2.1m2.2m2.7m2.2m1.7m1.8m1.6m1.4m1.1m966,362684,769524,244178,500---8,79616,49815,947
Financial debts43 12.8m13.5m13.5m14.0m10.6m10.1m5.9m5.8m3.7m3.4m3.1m3.0m-325,000400,000----
Credit institutions430/8 12.8m13.5m13.5m14.0m10.6m10.1m5.9m5.8m3.7m3.4m3.1m3.0m-325,000400,000----
Other loans439 ----0--------------
Trade debts44 11.5m10.7m5.6m8.4m6.6m6.7m5.5m7.1m5.7m5.8m4.7m3.3m5.1m2.9m1.7m3.9m3.8m4.2m2.9m
Suppliers440/4 11.5m10.7m5.6m8.4m6.6m6.7m5.5m7.1m5.7m5.8m4.7m3.3m5.1m2.9m1.7m3.9m3.8m4.2m2.9m
Advances received on contracts in progress46 -0----0319,059756,0161.0m---------
Taxes, remuneration and social security45 81,211131,729132,681118,302346,889374,510293,051173,643283,044177,579256,278397,738290,454169,290207,660161,278171,469201,397231,421
Taxes450/3 16,11359,93248,00524,308207,782262,237187,66653,160154,17836,261149,564263,490171,46927,22398,11135,94237,12896,88255,872
Remuneration and social security454/9 65,09871,79784,67593,994139,107112,273105,385120,483128,866141,318106,714134,247118,985142,067109,548125,336134,341104,515175,549
Other amounts payable47/48 2.6m120,2971.5m990,9041.1m4.9m2.3m830,2231.9m319,71370,1431001.5m230-1,0491,2005006,112
Accrued charges and deferred income492/3 8,2320-026,96134,18539,89435,89585,05995,32198,54730,96931,8355,7632,19025,57318,2652,34813,671
Income statement
Operating income70/76A 9.7m10.9m13.7m8.9m9.5m15.9m11.5m13.3m18.9m17.0m10.8m10.3m12.2m10.7m5.3m12.8m15.2m12.7m14.0m
Turnover70 9.6m10.8m13.5m8.9m8.8m12.0m11.5m12.8m18.8m18.7m8.9m10.2m12.1m10.7m5.3m12.8m15.1m12.6m14.0m
Change in stocks of work in progress, finished goods and contracts in progress71 ----0-73,654-169,951201,942-7,478-1.8m1.9m----48,078-6,66354,740--
Other operating income74 162,182112,722176,82721,141---------------
Non-recurring operating income76A ----504,8003.9m-213,333-----------
Operating charges60/66A 9.7m9.9m12.3m8.6m9.3m11.7m10.6m12.7m18.1m16.3m10.9m9.8m11.7m10.5m5.6m12.7m14.8m12.2m13.6m
Goods for resale, raw materials and consumables60 6.3m6.5m8.7m5.8m6.3m8.3m6.7m8.9m13.1m11.1m8.7m7.5m9.6m8.3m3.6m10.3m12.4m10.0m10.5m
Purchases600/8 6.3m6.5m8.7m6.6m6.6m8.5m6.5m8.3m13.3m11.7m8.6m7.5m9.5m8.5m3.6m10.3m12.4m10.0m10.5m
Change in stocks: decrease (increase)609 45,18071,1283,870-736,831-394,207-178,812159,475598,772-126,785-679,243159,828-34,97962,231-187,079-----
Services and other goods61 1.3m1.3m1.4m1.2m1.5m2.0m2.6m2.3m3.3m3.8m842,236865,356745,531703,901595,630770,507732,642682,0831.2m
Remuneration, social security and pensions62 1.3m1.3m1.5m1.2m1.2m1.1m1.2m1.3m1.3m1.2m1.2m1.3m1.3m1.4m1.4m1.6m1.6m1.5m1.6m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 754,584731,632699,141370,91745,48859,03145,494121,756247,501255,95064,40045,39813,18412,1732,2531,47525,94042,63197,064
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 -----15,571-----302-81,5425,945-12,374----20,87977,978
Provisions for liabilities and charges: additions (uses and reversals)635/8 ---60,758-76,758--------------
Other operating charges640/8 147,07912,83499,10420,063182,015191,15653,68821,88329,97315,3668,9167,0687,17157,14810,0939,97315,59245,13330,610
Operating charges capitalised as restructuring costs649 ----00-------------
Non-recurring operating charges66A -25,04002,50078,452--23,296--------313--
Operating profit (loss)9901 -10,9171.0m1.4m285,118153,2194.2m926,414626,435834,607707,593-47,547556,192435,981159,423-281,742154,754346,273443,820410,670
Financial income75/76B 2.5m1.6m453,1737.2m142,620357,276521,471649,079467,450686,301581,439585,4973,5579,7208,08212,21816,9975,1794,249
Recurring financial income75 2.5m1.6m453,17334,905142,620357,276521,471649,079467,450686,301581,439585,4973,5579,7208,08212,21816,9975,1794,249
Income from financial fixed assets750 1.0m718,012-7752,011350,619500,849300,849200,547300,823426,595501,5352,8692,7852,0963,9994,2422,1711,890
Income from current assets751 1.5m566,986309,147-60,0315,69920,62337,98837,36934,76855,36366,2573861,0141,1133,5344,5451,5242,359
Other financial income752/9 4,943361,940144,02634,82930,5789580310,243229,535350,71199,48117,7053025,9214,8734,6848,2091,484-
Non-recurring financial income76B ---7.2m---------------
Financial charges65/66B 2.2m2.0m1.3m1.8m906,0141.0m817,710863,132821,587876,943371,595301,43462,10221,6796,74440,45943,72836,18134,275
Recurring financial charges65 2.2m2.0m1.3m878,536870,6891.0m817,710863,132821,587876,943371,595301,43462,10221,6796,74440,45943,72836,18134,275
Debt charges650 1.9m1.4m620,616538,550507,057549,576421,980315,275321,135311,787247,398164,14820,01211,9532,5799705,4892,1322,356
Other financial charges652/9 260,447534,713667,971339,986363,632466,542395,729547,857500,452565,157124,197137,28742,0899,7274,16539,48938,23934,04931,919
Non-recurring financial charges66B ---900,00035,325--------------
Profit (loss) for the period before taxes9903 306,139694,631527,5005.7m-610,1743.5m630,175412,383480,470516,951162,297840,254377,436147,464-280,403126,513319,229412,818380,644
Income taxes67/77 34,75727,6603,0511,75618,641-13134,51954,297111,05525,583-128,164114,752582-5,63651,378113,761138,393147,651
Taxes670/3 34,75727,9653,0511,75618,64124134,51954,297111,05525,583-128,164115,334582-51,378113,761138,393166,100
Tax adjustments and reversals of tax provisions77 -306---37------582-5,636---18,449
Profit (loss) for the period9904 271,382666,972524,4485.7m-628,8153.5m495,656358,086369,415491,368162,297712,090262,684146,881-274,76875,135205,468274,425232,994
Profit (loss) for the period to be appropriated9905 271,382666,972524,4485.7m-628,8153.5m495,656358,086369,415491,368162,297712,090262,684146,881-274,76875,135205,468274,425232,994
Appropriation of the result
Profit (loss) to be appropriated9906 12.5m12.3m11.6m11.5m5.7m6.3m2.8m2.3m2.0m1.7m1.2m1.1m399,939137,255-9,627582,641807,507852,038577,613
Profit (loss) brought forward from the previous period14P 12.3m11.6m11.1m5.7m---------------
Transfer to equity691/2 13,569--400,000-----78,33935,00040,211---200,000---
To the legal reserve6920 13,569--400,000-----78,33935,00040,211-------
To other reserves6921 ---------------200,000---
Profit to be distributed694/7 ---------------117,500300,000250,000-
Return on contributions (dividend)694 ---------------117,500300,000--
Directors or managers695 -----------------250,000-
Social balance sheet
Average staff (FTE)9087 2929.629.629.328.325.925.82931.631.930.330.330.33131.234.835.835.532.8
Men (FTE)1003 25.527.727.62827.324.924.82830.630.9292929------
Women (FTE)1003 2.21.321.31111111.31.31.3------
Agency workers1501 -000--1-------0.1----
Hours worked1013 24,94825,37529,17225,84324,69224,17326,45231,45631,42629,81433,60435,58838,49442,20940,27248,40451,80250,11855,052
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 10 older financial years (1996-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 88 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2024 (PDF), filed on 26-06-2025.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2024 consolidated 18-07-2025 2025-00285857 PDF
31-12-2024 full format 26-06-2025 2025-00191225 PDF
31-12-2023 consolidated 13-03-2025 2025-00048138 PDF
31-12-2023 full format 13-03-2025 2025-00047313 PDF
31-12-2022 consolidated 03-07-2023 2023-00210987 PDF
31-12-2022 full format 14-06-2023 2023-00129001 PDF
31-12-2021 consolidated 12-08-2022 2022-20287471 PDF
31-12-2021 full format 16-06-2022 2022-20071012 PDF
31-12-2020 consolidated 25-10-2021 2021-73000464 PDF
31-12-2020 full format 30-08-2021 2021-60800532 PDF
31-12-2019 consolidated 09-02-2021 2021-05100188 PDF
31-12-2019 full format 24-11-2020 2020-71700142 PDF
31-12-2018 consolidated 02-12-2019 2019-74900322 PDF
31-12-2018 full format 29-10-2019 2019-71900518 PDF
31-12-2017 consolidated 18-01-2019 2019-01600380 PDF
31-12-2017 full format 20-12-2018 2018-74900132 PDF
31-12-2016 consolidated 07-09-2017 2017-60600214 PDF
31-12-2016 full format 03-08-2017 2017-41300190 PDF
31-12-2015 consolidated 01-08-2016 2016-39400442 PDF
31-12-2015 full format 01-08-2016 2016-39400436 PDF
31-12-2014 consolidated 16-06-2015 2015-19800500 PDF
31-12-2014 full format 16-06-2015 2015-19100164 PDF
31-12-2013 consolidated 27-06-2014 2014-24100112 PDF
31-12-2013 full format 27-06-2014 2014-24000345 PDF
31-12-2012 full format 06-06-2013 2013-15800002 PDF
31-12-2011 full format 24-08-2012 2012-45100516 PDF
31-12-2010 full format 09-05-2011 2011-10600362 PDF
31-12-2009 full format 12-05-2010 2010-11800058 PDF
31-12-2008 full format 24-07-2009 2009-46300192 PDF
31-12-2007 full format 22-08-2008 2008-59600223 PDF
31-12-2006 full format 30-07-2007 2007-51000019 PDF
31-12-2005 full format 28-07-2006 2006-57702422 PDF
31-12-2004 full format 17-10-2005 2005-82803044 PDF
31-12-2003 full format 29-09-2004 2004-68400752 PDF
31-12-2002 full format 04-09-2003 2003-65003671 PDF
31-12-2001 full format 05-09-2002 2002-53800102 PDF
31-12-2000 full format 03-09-2001 2001-53701772 PDF
31-12-1999 full format 25-08-2000 2000-53101882 PDF
31-12-1998 full format 13-08-1999 1999-41203246 PDF
31-12-1997 full format 18-08-1998 1998-41005153 PDF
31-12-1996 full format 08-07-1997 1997-28702773 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2024202320222021202020192018201720162015201420132012201120102009200820072006
EBITDA 743,6661.7m2.1m656,034198,7074.2m971,907748,1911.1m963,54416,853601,590449,164171,596-279,488156,229372,213486,451507,734
Cash flow 1.0m1.4m1.2m6.1m-583,3273.6m541,150479,842616,916747,319226,697757,488275,868159,054-272,51476,610231,408317,056330,058
Investment in fixed assets (approximation) 629,167977,0961.5m10.3m980,57210.7m7.4m558,80556,715113,2392.1m3.3m3.2m19,22116,746-4,3522,95018,42458,736
Change in cash -519,72870,880-390,546655,496-772,1801.1m-35,403-192,112208,416-79,204-116,419-245,440179,485-122,926139,450185,63318,452-685,112-
Working capital -5.2m-8.9m-9.1m-6.8m-5.3m-12.1m-7.4m-2.7m-2.8m-2.2m-783,744-1.5m-1.4m426,110292,461605,170634,400698,242651,479
EBIT margin -0.1%9.4%10.1%3.2%1.7%34.9%8.1%4.9%4.4%3.8%-0.5%5.5%3.6%1.5%-5.3%1.2%2.3%3.5%2.9%
Solvency 39.8%35.3%35.7%33.5%23.5%22.6%19.1%20.5%20.3%19.5%19.7%20.9%9.8%15.1%16.7%15.2%16.5%16.6%20.8%
Current ratio 0.820.670.610.730.740.490.530.830.790.810.910.790.791.121.131.151.161.161.20
Quick ratio 0.780.620.560.680.710.480.520.800.730.750.700.770.781.071.131.141.151.161.20
Debt to equity 1.511.841.801.983.253.434.243.893.924.144.083.799.255.634.975.595.065.013.81
ROE 1.2%3.5%2.9%32.6%-7.1%41.3%9.9%8.0%8.9%13.0%4.9%27.6%30.1%24.1%-59.3%10.2%26.3%31.4%27.4%
ROA 0.5%1.2%1.0%10.9%-1.7%9.3%1.9%1.6%1.8%2.5%1.0%5.7%2.9%3.6%-9.9%1.5%4.3%5.2%5.7%
Interest coverage 0.381.223.321.220.397.702.302.373.373.090.073.6622.4414.36-108.38over 10067.81over 100over 100
Customer credit 98 days82 days33 days115 days186 days175 days189 days223 days133 days127 days146 days126 days137 days109 days136 days119 days102 days136 days75 days
Supplier credit 555 days498 days203 days441 days309 days237 days216 days230 days126 days144 days179 days146 days178 days118 days147 days130 days104 days142 days92 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Revenue breakdown

as filed

By geographic market 2016

  • Belgique €10,036,33754.8%
  • Middle-East €7,094,51338.7%
  • Europe €1,179,0406.4%

Total €18,309,890

Revenue in the income statement €18,804,911

Source: 2016 accounts, page 19, filing 2017-41300190

Social balance sheet

Item31-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date28302930
full-time27292830
part-time111-
in full-time equivalents27.829.82930
Average over the year, in full-time equivalents27.72929.629.3
On a permanent contract27302830
Joined2311
Left4300
Agency workers, average number-000
Training hours2,72063484-

Source: social balance sheet in the 2021 to 2024 annual accounts

Overdue debts

tax and social security
Item2024202320222021
Overdue social security (RSZ) debts---€17,835

Source: notes to the 2021 to 2024 annual accounts (statement of debts)

Securities and guarantees

on own assets and for others
Item2024202320222021
Pledge on the business€23.2m€13.5m€13.5m€13.5m
Guarantees given for others' debts€595,707---

Source: notes to the 2021 to 2024 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item2024202320222021
Tangible fixed assets€129,167€732,468€1.5m€2.1m
Intangible fixed assets€0€244,628€0€3,850
Financial fixed assets€500,000€0€0€8.2m
Depreciation and write-downs of the year€754,584€731,632€699,141€370,917

Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)

Auditor

fees

The auditor is RSM INTERAUDIT.

Item2024202320222021
Fee for the audit€11,000€21,700€21,700€21,700
Other work by the auditor€1,650€1,650--

Source: notes to the 2021 to 2024 annual accounts (relations with the auditor)

Insights on TWINTEC

The operating result for 2024 is a loss of €10,917, after a profit of €1.0m in 2023. It is the lowest result since 2014.

Debt's share of the balance-sheet total falls from 64.7% to 60.1%. Equity and debt are higher.

Large changes and their cause
  • 2024 Net result -59% on 2023. Merger absorbing COSIMOS, Official Gazette 23-08-2023, in the previous financial year. That operation now counts for a full year for the first time.
  • 2022 Net result -91% on 2021. The 2021 profit included a one-off income of €7,200,000.

Board & ownership

Board

1 auditor, last change in October 2026
RSM INTERAUDIT
Statutory auditor, permanent representative Michaël FOCANT
appointed by deed of 29-07-2025 term from 2025 to 2027

Office holders in the KBO →

Mandates through the years

6 names, the dashed line is today
RSM INTERAUDIT
Statutory auditor
INITIATEL
Director
LIBRA - AUDIT & ASSURANCE
Statutory auditor
NOSHAQ
Director
NOSHAQ PARTNERS
Director
Mohamed Nour Eddin Nijar
Director
Statutory auditorEarlierRest of the termmandate already running before its first mentionend not dated
Mandates as a list
  • RSM INTERAUDIT
    • Statutory auditor, appointed by deed of 29-07-2025, still in office
  • INITIATEL
    • Director, from 07-12-2018 to 21-10-2026
  • LIBRA - AUDIT & ASSURANCE
    • Statutory auditor, appointed by deed of 14-09-2022, until 29-07-2025
  • NOSHAQ
    • Director, from before 30-10-2023, no longer listed in the 2024 annual accounts
  • NOSHAQ PARTNERS
    • Director, from 10-09-2020 to 17-12-2024
  • Mohamed Nour Eddin Nijar
    • Director, until 27-10-2021

See the board, name and registered office on a given date →

Control

Parent
TWINTEC GROUP sarl LU
83.65%
This company
TWINTEC
Equity €23.6m
Profit €271,382 in 2024

and 1 other shareholder

Capital

Capital
€10,283,393.52
Shares
1,364
Contribution per share
€7,539
Equity per share
€17,290 in 2024
Source
deed of 30-01-2024

Owners through the years

as the annual accounts name them
TWINTEC GROUP sarl LU
83.65%
NOSHAQ
12.36%10%
9.31%
BLCAP sarl LU
97.6%
7.04%
TWINTEC GROUP LU
90%
90% until 2023
NOSHAQ PARTNERS
2.4% until 2021
GIPCOR
33%29%
29% until 2017
Owners as a list

Source: shareholder structure in its own accounts, lists of holdings in the owners' accounts

Shareholders

2 owners

Owners 2

Former owners (1)

Capital transactions

Shareholders according to the deeds
Stated in the deed deed of 21-10-2026 ↗
  • Twintec Group
  • BL-CAP
After the capital increase deed of 30-01-2024 ↗
  • BL-CAP (BE 0719.622.610) 96 shares · €4,500,000 · “apport d'une créance”
Stated in the deed deed of 30-01-2024 ↗
  • TWINTEC GROUP 1,141 shares · 90,00%
  • NOSHAQ 127 shares · 10,00%
  • BL-CAP (BE 0719.622.610) 96 shares · 7,04%
Capital over time
  1. 30-01-2024 Capital increase of €4,500,000 · to €10,283,393.52 · 96 new shares at €46,875 per share, 7% of the 1,364 shares after the increase · “libération immédiate par apport d'une créance”

Network & group

Holdings

own 2024 accounts, the bar shows equity in euros
This companyTWINTEC11 holdings, 10 countries 2024 accounts

Europe 7 Equity Result

  • DE Twintec Holding GMBH €10.1m result €197,571
  • FR Twintec Holding France SAS €7.5m result -€221,175
  • LU Twincon sarl20% €3.0m result -€194,449
  • NL Twintec Nederland BV €239,161 result -€323,296
  • IE Twintec Technologies Ireland LTD €38,765 result €10,430
  • LU Twintec luxembourg sarl -€397,096 result -€88,045
  • GB Twintec Projects Ltd (Limited) -GBP 224,671 result GBP 478,002

North America 1 Equity Result

  • US Twintec USA38% USD 6.3m result -USD 149,090

Africa 1 Equity Result

  • EG Twintec Egypt For Construction40% EGP 49.1m result EGP 3.3m

Asia and Oceania 2 Equity Result

  • AE Twintec Middle East FZE AED 42.6m result AED 741,235
  • SA Twintec Saudi LLC50% SAR 29.3m result SAR 10.5m

Source: list of holdings in its own 2024 accounts. The amounts are in that list and come from the holdings' accounts at 31-12-2024, in their own currency.

Parent

TWINTEC GROUP sarl
Luxembourg · 83.65% of the shares

Holdings and subsidiaries

11 holdings

Holdings 11

Share, source and own figures per holding (11)

Source for every holding own accounts 2024

  • Twintec Holding France SASFRsubsidiary
    Equity €7.5mResult -€221,175
    100%
  • Twintec Holding GMBHDEsubsidiary
    Equity €10.1mResult €197,571
    100%
  • Twintec luxembourg sarlLUsubsidiary
    Equity -€397,096Result -€88,045
    100%
  • Twintec Middle East FZEAEsubsidiary
    Equity AED 42.6mResult AED 741,235
    100%
  • Twintec Nederland BVNLsubsidiary
    Equity €239,161Result -€323,296
    100%
  • Twintec Projects Ltd (Limited)GBsubsidiary
    Equity -GBP 224,671Result GBP 478,002
    100%
  • Twintec Technologies Ireland LTDIEsubsidiary
    Equity €38,765Result €10,430
    100%
  • Twintec Saudi LLCSA
    Equity SAR 29.3mResult SAR 10.5m
    50%
  • Twintec Egypt For ConstructionEG
    Equity EGP 49.1mResult EGP 3.3m
    40%
  • Twintec USAUS
    Equity USD 6.3mResult -USD 149,090
    38%
  • Twincon sarlLU
    Equity €3.0mResult -€194,449
    20%
Holdings through the years 2012 to 2024
Holdings through the years
Name201220132014201520162018201920202021202220232024
Twintec Holding France SASFR 100%
Twintec Holding GMBHDE 100%
Twintec luxembourg sarlLU 100%100%
Twintec Middle East FZEAE listed100%
Twintec Nederland BVNL 100%
Twintec Projects Ltd (Limited)GB 100%
Twintec Technologies Ireland LTDIE 100%
Twintec Saudi LLCSA 50%
Twintec Egypt For ConstructionEG 41%40%
Twintec USAUS 37.5%38%
Twincon sarlLU 20%
COSIMOS 30%100%
Twintec GMBHDE 100%
Twintec Grand EstFR 5%100%
Twintec Holding FranceFR 100%
Twintec technology SASFR 100%
TwinconGB 20%
Twintec Projects LtdGB 100%
FABRIBAU 51%100%
Topp & Screed S.A.LU 100%
Twintec SASFR 100%
TWINTEC AUSTRALIA PTY LTDAU 100%
TWINTEC THAILAND COMPANY LIMITEDTH 100%
TWINTEC SUD GMBHDE 100%

Source: list of holdings in its own accounts

Acquisitions and mergers

1 transaction
Took over:COSIMOS
BE 0471.409.805operation treated as a merger by absorption · Gazette deed of 23-08-2023 (3 deeds) · according to the KBO register since 31-07-2023

Connections & network

See the function holders in the KBO register.

Timeline

Timeline

61 events since 1996
2026
Resignation: INITIATEL (director)Permanent representative: Bernard GENDEBIEN · Director discharge: INITIATEL · Twintec Group is a shareholder · General meeting of 15-09-20266 points ▸
  • General meeting, 15-09-2026
  • Director resignation, INITIATEL
  • Permanent representative, Bernard GENDEBIEN
  • Director discharge, INITIATEL
  • Twintec Group is a shareholder
  • BL-CAP is a shareholder

Open the deed in the Belgian Official Gazette

2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0457315903
Appointments: RSM InterAudit SRL (statutory auditor) and LIBRA Audit & Assurance SRL (statutory auditor)General meeting of 24-06-253 points ▸
  • Auditor appointment, RSM InterAudit SRL (statutory auditor)
  • Auditor appointment, LIBRA Audit & Assurance SRL (statutory auditor)
  • General meeting, 24-06-25

Open the deed in the Belgian Official Gazette

Consolidated accounts 2024 filed PDF
Annual accounts 2024 filed PDFfull format · 35 days before the deadline
Consolidated accounts 2023 filed PDF
Annual accounts 2023 filed PDFfull format · 225 days late
2024
Resignation: NOSHAQ PARTNERS (director)Permanent representative: Dimitri LIQUET2 points ▸
  • Director resignation, NOSHAQ PARTNERS
  • Permanent representative, Dimitri LIQUET

Open the deed in the Belgian Official Gazette

Capital increase of €4,500,000Capital from 5.783.393,52 to 10.283.393,52, 96 new shares · TWINTEC GROUP holds 1,141 shares · NOSHAQ holds 127 shares8 points ▸
  • Capital increase, €4,500,000
  • Auditor report, 18-01-2024
  • TWINTEC GROUP holds 1,141 shares, mentioned twice in the deed
  • NOSHAQ holds 127 shares, mentioned twice in the deed
  • BL-CAP holds 96 shares
  • Capital, €10,283,393.52, 1,364 shares
  • Amendment of the articles, article 5
  • Power of attorney, Benjamin PONCELET
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

2023
Permanent representatives: Frédéric DRIESSENS and Dimitri LIQUET2 points ▸
  • Permanent representative, Frédéric DRIESSENS
  • Permanent representative, Dimitri LIQUET

Open the deed in the Belgian Official Gazette

Merger: TWINTEC takes over COSIMOSThe company holds all the shares of COSIMOS · General meeting of 31-07-20233 points ▸
  • General meeting, 31-07-2023
  • The company holds all the shares of COSIMOS
  • Accounting effect, 01-01-2023
  • The deed holds 35 more points.

Open the deed in the Belgian Official Gazette

Consolidated accounts 2022 filed PDF
Merger proposal: TWINTEC takes over COSIMOSThe company holds all the shares of COSIMOS · General meeting of 30-05-20233 points ▸
  • General meeting, 30-05-2023
  • The company holds all the shares of COSIMOS
  • Accounting effect, 2023-01
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFfull format · 47 days before the deadline
2022
Appointment: SRL Alain Lonhienne Reviseur d'entreprises (statutory auditor)General meeting of 02-06-222 points ▸
  • General meeting, 02-06-22
  • Auditor appointment, SRL Alain Lonhienne Reviseur d'entreprises, mentioned twice in the deed

Open the deed in the Belgian Official Gazette

Permanent representatives: Frédéric Driessens and Nathalie Omin2 points ▸
  • Permanent representative, Frédéric Driessens
  • Permanent representative, Nathalie Omin

Open the deed in the Belgian Official Gazette

Consolidated accounts 2021 filed PDF
Annual accounts 2021 filed PDFfull format · 45 days before the deadline
Publication in the Belgian Official Gazette PDF
2021
Back to profit net €5.7m The net result is €5.7m, after one loss-making year.
Equity above €10m equity €17.6m ▲98.4% Equity rises from €8.9m to €17.6m.
Resignation: Mohamed Nour Eddin Nijar (director)1 point ▸
  • Director resignation, Mohamed Nour Eddin Nijar
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

Consolidated accounts 2020 filed PDF
Annual accounts 2020 filed PDFfull format · 30 days late
Consolidated accounts 2019 filed PDF
2020
Weakest financial year net -€628,815 The net result drops to -€628,815, the lowest from 2006 to 2024. It recovers the following year.
Annual accounts 2019 filed PDFfull format · 116 days late
2019
Equity above €5m equity €8.5m ▲70.3% After 9 profitable years in a row, equity reaches €8.5m.
Consolidated accounts 2018 filed PDF
Annual accounts 2018 filed PDFfull format · 90 days late
Consolidated accounts 2017 filed PDF
2018
Annual accounts 2017 filed PDFfull format · 142 days late
2017
Consolidated accounts 2016 filed PDF
Annual accounts 2016 filed PDFfull format · 3 days late
2016
Consolidated accounts 2015 filed PDF
Annual accounts 2015 filed PDFfull format · 1 day late
2015
Consolidated accounts 2014 filed PDF
Annual accounts 2014 filed PDFfull format · 45 days before the deadline
2014
Consolidated accounts 2013 filed PDF
Annual accounts 2013 filed PDFfull format · 34 days before the deadline
2013
Equity above €2m equity €2.6m ▲196% After 3 profitable years in a row, equity reaches €2.6m.
Annual accounts 2012 filed PDFfull format · 55 days before the deadline
2012
Annual accounts 2011 filed PDFfull format · 24 days late
2011
Back to profit net €146,881 The net result is €146,881, after one loss-making year.
Annual accounts 2010 filed PDFfull format · 83 days before the deadline
2010
Annual accounts 2009 filed PDFfull format · 80 days before the deadline
2009
Annual accounts 2008 filed PDFfull format · 7 days before the deadline
2008
Annual accounts 2007 filed PDFfull format · 22 days late
2007
Annual accounts 2006 filed PDFfull format · 1 day before the deadline
2006
Annual accounts 2005 filed PDFfull format
2005
Annual accounts 2004 filed PDFfull format
2004
Annual accounts 2003 filed PDFfull format
2003
Annual accounts 2002 filed PDFfull format
2002
Annual accounts 2001 filed PDFfull format
2001
Annual accounts 2000 filed PDFfull format
2000
Annual accounts 1999 filed PDFfull format
1999
Annual accounts 1998 filed PDFfull format
1998
Annual accounts 1997 filed PDFfull format
1997
Annual accounts 1996 filed PDFfull format
1996
First establishment Rue d'Artagnan 28, Visé
Incorporation published on 29-03-1996

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

TWINTEC was incorporated on 28 February 1996.1 In 2023 the company absorbed COSIMOS by merger.2 A capital increase in 2024 brought the capital to €10.3m.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 23-08-2023
  3. 3Belgian Official Gazette, 30-01-2024

Company details

Identity

Enterprise number
0457.315.903
VAT number
BE 0457.315.903
Peppol ID
0208:0457315903
Other Peppol ID
9925:BE0457315903
LEI code
54930037BVUM2NLH1C49 live in the LEI register
Legal form
Public limited company
Status
Active, normal situation
Founded
28-02-1996
Financial year
ends on 31 December
Peppol
Reachable since 16-10-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
TWINTEC in French
Entity type
Legal entity

Activities

NACEBEL 2025
VAT activities
41003 General construction of other non-residential buildings main activity
Social security (RSZ) activities
23610 Manufacture of other non-metallic mineral products main activity
Joint committees annual accounts 2024
JC 124 Construction
JC 200 Auxiliary committee for white-collar workers
Codes under NACEBEL 2008
VAT activities
41203 Construction of residential and non-residential buildings main activity
Social security (RSZ) activities
23610 Manufacture of other non-metallic mineral products main activity
Codes under NACEBEL 2003
VAT activities
45213 main activity
Social security (RSZ) activities
26610 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“La fabrication,l'achat,la vente,la représentation,l'importation,l'exportation,le placement,la location,la sous-location et le leasing de…”
2 activities
  1. La fabrication,l'achat,la vente,la représentation,l'importation,l'exportation,le placement,la location,la sous-location et le leasing de tous matériaux,produits,matières premières et matériel de construction;
  2. La prise en location,l'acquisition,l'exploitation,la cession et la concession,de tous brevets,licences,marques,procédés et know-how.
deed of 26-06-2023 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Rue d'Artagnan 28 registered office 4600 Visé 23610 Manufacture of other non-metallic mineral products 22-03-1996 2.075.756.646

Buildings and parcels at the address

Ground area
570 m²
Buildings
577 m²
Volume, LiDAR
3,396 m³
Tallest building
7.8 m
Buildings to scale, each on its own parcel
577 m², 7.8 m 577 m², 7.8 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
62108B0131/00Y000570 m² 1 · 577 m² 7.8 m · 2

Recognitions

Recognised contractor

1 category
TWINTEC SAapproval number 34274
  • D29 Floor screeds and industrial floor coveringsclass 5, up to €2,172,000
decision 13-11-2023

Contact

Phone +32 4 379 88 20 establishment in Visé
Fax +32 4 379 88 28 establishment in Visé

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0457.315.903

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