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TWIST INNOVATION

Active
Private limited companyfounded 2023active for 2 yearsMuizelstraat 2, 8560 Wevelgem, BelgiumKBO/BCE: BE 1003.676.816
Summary

TWIST INNOVATION has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €307,787 and a net result of -€196,209. Its solvency ranks better than 32% of 3,361 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Computer consultancy and computer facilities management
NACE 62200
2nd largest company by total assets in Wevelgem, Telecoms and IT sector1 site
Size
€1.3mtotal assets 2025
Staff
2.1 FTE
Equity
€307,787
Loss
-€196,209
Turnover not published (abbreviated format)
Financial health
78 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Largest shareholder
EDGE V · 10.03%
Board
4 members
Auditor: Callens VandelanotteAccounts 4 days early
Why 78raises riskLoss of €196,209 (financial year 2025)lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Size: 2.1 FTE, total assets €1.3mFigures for financial year 2025 (filed 27-03-2026)Show the evidence

Checked score

Score 2025
78 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 13% of its sector peers (NACE 62, micro)
Financial strength
Weak
Solvency 49
equity 24.4% of total assets
Liquidity 21
short-term debt 70.5% · cash 6.7%
Profitability 0
return on assets -15.5%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,866 companies, NACE 62, micro)
Last 24 months 01-2025: 0.4%lowest value 02-2025: 0.4%● unchanged vs 01-2025lowest value 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.5%▲ +0.1 percentage points vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.6%▲ +0.1 percentage points vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025highest value 02-2026: 0.6%● unchanged vs 01-2026highest value 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.4%▼ -0.2 percentage points vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €24,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity insufficient (current ratio 0.65, below 1; short-term debt: 70.5% and cash: 6.7% of total assets), and 75.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 62, micro): better than 25% on solvency, 8% on liquidity and 5% on profitability.

The bankruptcy probability was computed on 21-10-2026 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.

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

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
raises risk · Loss of €196,209 (financial year 2025)
NBB · annual accounts
lowers risk · Size: 2.1 FTE, total assets €1.3m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 27-03-2026)
NBB · annual accounts
raises risk · Young company
Founded in 2023, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 years
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 27-03-2026, 4 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
4 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Capital & shares · RestructuringAppointment: CALLENS VANDELANOTTE (bedrijfsrevisor verslag…
  3. RestructuringPermanent representative: Nico Volckaert ·…

Key points

  • Caution: Among the weakest 7% on net resultsector median €23,432 · 3,361 companies -€196,209 View
  • Branch taken over from LEDSGOtakeover on 12-06-2024 2024 View
  • Flemish supportawarded from 2024 to 2025 €959,586 View

By topic

Financials

Financial year
2025
Total assets
€1.3m
Loss
-€196,209
Solvency
24.4%
Go to Financials

Board & ownership

Board
4 members
Largest shareholder
EDGE V · 10.03%
Auditor
Callens Vandelanotte
  • AMELOOT Jan Joris HubertDirector
  • AMELOOT Paul Jozef Gerard CorneliusDirector
  • AMELOOT Peter Omer HubertDirector
  • EDGE VDirector
Go to Board & ownership

Company details

Sites
1
Legal form
Private limited company
Activity
Computer consultancy and computer facilities managementNACE 62200
Founded
20-12-2023
Year ends
31-08
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
10
Annual meeting
Last Friday of February at 18:00
Purpose
“Het ontwikkelen,uitbouwen en commercialiseren van applicaties in de loT (Internet of…” (deed in Dutch)
Go to Articles of association

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