Skip to content

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 3,387 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 20-12-2023 Normal situation
Activity
Computer consultancy and computer facilities management NACE 62200
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 31-08-2025
Establishment unit
2.355.308.864 8560 Wevelgem, since 20-12-2023
Financial year end
31 August
Peppol
Reachable since 10-09-2025

Board and ownership

Board
and 1 other
Auditor
Callens Vandelanotte
Shareholders
  • EDGE V· score 9430-06-2025 annual accounts of EDGE V

Financial position

78 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts to 31-08-2025
Gross margin
€133,031
Turnover
≈ €300,000
estimated
Loss
€196,209
Equity
€307,787
Total assets
€1.3m
Employees on 31-08-2025
3
Filed on 27-03-2026, 4 days before the deadline
Score breakdownraises 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 on 27-03-2026)Show the evidence

Checked score

Score 2025
78 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 13% of micro companies in computer programming and consultancy (NACE 62)
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 within 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% (25,913 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 11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €24,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is insufficient, with a current ratio of 0.65, below 1. Short-term debt is 70.5% and cash 6.7% of total assets. 75.6% of the assets are financed with debt and provisions.
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 62, micro). It does better than 25% of them on solvency, 8% on liquidity and 5% on profitability.

The bankruptcy probability was computed on 01-11-2026 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.

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 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

Five 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 the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 27-03-2026)
NBB · annual accounts
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
That holds for every publication since incorporation in 2023.
KBO publications

Key points

  • Caution: Lower net result than 93% of companies in computer programming and consultancysector median €23,243 · 3,387 companies -€196,209 View
  • Branch taken over from LEDSGOtakeover on 12-06-2024 2024 View
  • Flemish supportawarded from 2024 to 2025 €959,586 View

Recent changes

  1. · Gazette deed Demerger: LEDsGO splits off to TWIST INNOVATIONCapital increase of €60.01 to €1,060.01 · Appointment: CALLENS VANDELANOTTE (bedrijfsrevisor verslag inbreng in natura en uitgifte nieuwe aandelen)
  2. · Gazette deed Demerger proposal: LEDSGO splits off to TWIST INNOVATIONPermanent representative: Nico Volckaert
  3. · Gazette deed IncorporationStarting capital €1,000 · Appointments: AMELOOT Paul Jozef Gerard Cornelius, AMELOOT Peter Omer Hubert and 2 others · Permanent representative: VOLCKAERT Nico Frans Albert Jules
All 4 events

Comparable companies

These companies have the same main activity as TWIST INNOVATION: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €632,000 and €1.5m, founded between 2021 and 2025.

CompanyTotal assetsGross margin
TWIST INNOVATION Wevelgem€1.3m€0.1m
Kastori Kontich€1.0m€0.09m
Meta4ce Kontich€0.8m€0.1m
ELEMENT LOGIC BELGIA Herentals€1.4m€0.2m
2SERVE ICT Zoersel€0.6m€0.2m
PACIFICA Koksijde€1.5m€0.1m
TREND MICRO BELGIUM Grimbergen€1.4m€0.2m
Full comparison

Key facts about TWIST INNOVATION

What is the company number of TWIST INNOVATION?
The company number of TWIST INNOVATION is 1003.676.816. The VAT number is the same number with BE in front: BE 1003.676.816.
Where is TWIST INNOVATION based?
The registered office is at Muizelstraat 2, 8560 Wevelgem.Company details
What does TWIST INNOVATION do?
According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of TWIST INNOVATION?
The legal form of TWIST INNOVATION is Private limited company (BV).
When was TWIST INNOVATION founded?
TWIST INNOVATION was founded on 20-12-2023.
Is TWIST INNOVATION still active?
Yes, TWIST INNOVATION is an active enterprise in the KBO register.
How many employees does TWIST INNOVATION have?
TWIST INNOVATION had an average of 2.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does TWIST INNOVATION fall under?
In its 31-08-2025 annual accounts, TWIST INNOVATION states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of TWIST INNOVATION?
The turnover in financial year 2025 is ≈ €300,000. This figure is estimated from the gross margin of €133,031 and 74 comparable companies (NACE 62200). It probably lies between €200,000 and €650,000.
Is TWIST INNOVATION profitable?
In financial year 2025, TWIST INNOVATION made a loss of €196,209.
Where can I find the annual accounts of TWIST INNOVATION?
TWIST INNOVATION filed 1 annual account with the National Bank of Belgium, for financial year 2025.

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.