TWINTECH
ActiveTWINTECH has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €74k and a net result of €-3k. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 92% of 17964 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
62
/ 100
Healthy▼ -16 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 7.9 against 27.33 in 2024), and 12.7% 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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
87.3%
Return on assets
-3.9%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 20-01-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
1 d early
2023
27 d early
2022
40 d early
2021
20 d early
2020
19 d early
2019
21 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close12-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€74k▼ 4.3%
2024 · €78k
2019: €41k
2020: €48k
2021: €56k
2022: €74k
2023: €78k
2024: €78k
2019 → 2025
Total assets
€85k▲ 5.6%
2024 · €81k
2019: €70k
2020: €52k
2021: €59k
2022: €80k
2023: €86k
2024: €81k
2019 → 2025
Net result
€-3k
2024 · €47
2019: €-6k
2020: €7k
2021: €8k
2022: €19k
2023: €3k
2024: €47
2019 → 2025
Working capital
€74k▼ 4.3%
2024 · €78k
2019: €41k
2020: €48k
2021: €55k
2022: €74k
2023: €78k
2024: €78k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€56k-€74k▲ 33.2%€78k▲ 4.5%€78k▲ 0.1%€74k▼ 4.3%
Operating result€8k-€18k▲ 140%€3k▼ 84.3%€-559€-4k▼ 536%
Net result€8k-€19k▲ 132%€3k▼ 82.0%€47▼ 98.6%€-3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2025 against €559 in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €85k
Equity
€74k▼ 4.3%
Debt
€11k▲ 265%
The debt ratio rises from 3.7% to 12.7%: debt grows while equity shrinks.
Key figures and ratios
Solvency
87.3%▼
2024 · 96.3%
Current ratio
7.90▼
2024 · 27.33
Quick ratio
7.87▼
2024 · 27.21
Debt / equity
0.14▲
2024 · 0.04
ROE
-4.4%▼
2024 · 0.1%
ROA
-3.9%▼
2024 · 0.1%
Debt
€11k▲
2024 · €3k
Debt ≤ 1 year
€11k▲
2024 · €3k
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€81k€85k▲
Current assets29/58€81k€85k▲
Stocks and contracts in progress3€350€350=
Stocks30/36€350€350=
Amounts receivable within one year40/41€2k€190▼
Trade receivables40€2k€175▼
Other amounts receivable41€45€15▼
Current investments50/53€12k€5k▼
Cash at bank and in hand54/58€65k€74k▲
Deferred charges and accrued income490/1€1k€5k▲
Equity and liabilities
Total equity and liabilities10/49€81k€85k▲
Equity10/15€78k€74k▼
Contributions10/11€19k€19k=
Reserves13€13k€13k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€6k€6k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€46k€43k▼
Amounts payable17/49€3k€11k▲
Amounts payable within one year42/48€3k€11k▲
Trade debts44-€541
Suppliers440/4-€541
Taxes, remuneration and social security45€3k€10k▲
Taxes450/3€563€80▼
Remuneration and social security454/9€2k€10k▲
Income statement
Code20242025
Other operating charges640/8€1k€731▼
Gross operating margin9900€457€-3k▼
Operating profit (loss)9901€-559€-4k▼
Financial income75/76B€645€283▼
Recurring financial income75€645€283▼
Non-recurring financial income76B-€0
Financial charges65/66B€39€41▲
Recurring financial charges65€39€41▲
Profit (loss) for the period before taxes9903€47€-3k▼
Profit (loss) for the period9904€47€-3k▼
Profit (loss) for the period to be appropriated9905€47€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€46k€43k▼
Profit (loss) brought forward from the previous period14P€46k€46k▲
The notes to these accounts (3 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
20-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Liquidity triplescurrent ratio 27.33
Current ratio from 10.69 to 27.33; short-term debt falls from €8k to €3k.
04-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Highest result since 2019net €19k ▲132%
Operating result €18k, net result €19k, both a record.
11-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
30-06
Financial
Liquidity times 5current ratio 12.56
Current ratio from 2.41 to 12.56; short-term debt falls from €29k to €4k.
10-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
11-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2023
GEENEN Geert
CurrentDirector · since 12-12-2023
GEENEN Hans
CurrentDirector · since 12-12-2023
12-12-2023
GEENEN Geert: Appointed as Director
12-12-2023
GEENEN Geert: Resigned as Director
12-12-2023
GEENEN Hans: Appointed as Director
12-12-2023
GEENEN Hans: Resigned as Director
Location & real-estate footprint
Registered office, Merelbeke-Melle · 1 establishment unit since 1995
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.
Burg. Maenhautstraat 819820 Merelbeke-MelleGround area
1,091 m²
Building footprint
128 m²
Volume, LiDAR
1,031 m³
Parcel 44413A0072/00X000, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TWINTECH BVBA
since 19952.072.098.855
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44413A0072/00X000 | Flanders | 1,091 m² | 1 · 128 m² | 11.4 m · 3 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.
Similar companies · same sector, comparable size
SCRIBURO
BE 0441.225.383
Tielt · Eq €75k
F.C.S. Informatique
BE 0472.674.664
Libramont-Chevigny · Eq €74k
NAGEO CONCEPT
BE 0771.676.174
La Louvière · Eq €75k
JACLI
BE 0416.333.995
Rochefort · Eq €74k
GL Electronics
BE 0822.129.141
Farciennes · Eq €74k
Of 3,211 companies in sector 47400 we hold annual accounts for 1,795. 1,451 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-04-1995
Fiscal year end30-06
Trade name NL
KNXonline
Activities, NACEBEL
47400Retail sale of information and communication equipment
47410Retail trade
52487
52740
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.