Twisted Studio
ActiveTwisted Studio has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6k and a net result of €1k. Equity is shrinking by ~21.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 12% of 8592 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
68
/ 100
Healthy▲ +3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency17▲+3
Growth32=
Stability94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.12 against 1.03 in 2024), and 94.3% 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 8592 sector peers (2025).
NBB · sector comparisonPosition among 8592 sector peers
Solvency
better than 12%
← weakest
strongest →
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 30-06-2026, 31 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
31 d early
2024
31 d early
2023
31 d late
2022
30 d late
2021
31 d late
← 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
Turnover
€48k
EBIT margin
79.2%
Net result
€1k▼ 58.5%
2024 · €3k
2021: €28k
2022: €11k
2023: €29k
2024: €3k
2021 → 2025
Working capital
€10k▲ 147%
2024 · €4k
2021: €27k
2022: €32k
2023: €49k
2024: €4k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€48k-
Equity€20k-€32k▲ 54.7%€61k▲ 91.6%€5k▼ 92.5%€6k▲ 27.8%
Operating result€38k-€15k▼ 60.2%€38k▲ 146%€6k▼ 85.2%€3k▼ 38.9%
Net result€28k-€11k▼ 60.7%€29k▲ 159%€3k▼ 89.5%€1k▼ 58.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 39% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €101k
Fixed assets
€8k▼ 41.1%
Current assets
€94k▼ 33.7%
Equity and liabilities €101k
Equity
€6k▲ 27.8%
Debt
€95k▼ 36.2%
The debt ratio falls from 97.1% to 94.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€9k▼
2024 · €11k
Cash flow
€7k▼
2024 · €9k
Solvency
5.7%▲
2024 · 2.9%
Current ratio
1.12▲
2024 · 1.03
Quick ratio
1.12▲
2024 · 1.03
Debt / equity
16.44▼
2024 · 32.94
ROE
21.8%▼
2024 · 66.9%
ROA
1.2%▼
2024 · 2.0%
Interest coverage
93.16▼
2024 · 165.66
Debt
€95k▼
2024 · €149k
Debt ≤ 1 year
€84k▼
2024 · €137k
Income taxes
€2k▼
2024 · €2k
Staff costs
€5k▼
2024 · €7k
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€154k€101k▼
Fixed assets21/28€13k€8k▼
Intangible fixed assets21€3k€985▼
Tangible fixed assets22/27€10k€7k▼
Furniture and vehicles24€10k€7k▼
Current assets29/58€141k€94k▼
Amounts receivable within one year40/41€73k€62k▼
Trade receivables40€73k€62k▼
Cash at bank and in hand54/58€69k€32k▼
Equity and liabilities
Total equity and liabilities10/49€154k€101k▼
Equity10/15€5k€6k▲
Contributions10/11€2k€2k=
Capital10€2k€2k=
Issued capital100€2k€2k=
Reserves13€3k€4k▲
Distributable reserves133€3k€4k▲
Amounts payable17/49€149k€95k▼
Amounts payable within one year42/48€137k€84k▼
Trade debts44€2k€925▼
Suppliers440/4€2k€925▼
Advances received on contracts in progress46€12k€2k▼
Taxes, remuneration and social security45€53k€55k▲
Taxes450/3€30k€28k▼
Remuneration and social security454/9€23k€27k▲
Other amounts payable47/48€70k€26k▼
Accrued charges and deferred income492/3€12k€12k▼
Income statement
Code20242025
Remuneration, social security and pensions62€7k€5k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€5k▼
Other operating charges640/8€528€3k▲
Non-recurring operating charges66A-€281
Gross operating margin9900€18k€17k▼
Operating profit (loss)9901€6k€3k▼
Financial charges65/66B€67€93▲
Recurring financial charges65€67€93▲
Profit (loss) for the period before taxes9903€5k€3k▼
Income taxes67/77€2k€2k▼
Profit (loss) for the period9904€3k€1k▼
Profit (loss) for the period to be appropriated9905€3k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€1k▼
Transfer from equity791/2€59k-
Transfer to equity691/2€3k€1k▼
To other reserves6921€3k€1k▼
Profit to be distributed694/7€59k-
Return on contributions (dividend)694€59k-
The notes to these accounts (8 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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €1k ▼58.5%
Net result drops to €1k, the lowest in the series.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Highest result since 2021net €29k ▲159%
Net result €29k, the highest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Gent · 1 establishment unit since 2021
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.
Tondelierlaan 549000 GentGround area
585 m²
Building footprint
480 m²
Volume, LiDAR
300 m³
Parcel 44807G0908/00W007, Flanders · tallest building 4.9 m. Linked by address, not a title deed.
1 establishment unit
Twisted Studio
since 20212.324.262.035
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44807G0908/00W007 | Flanders | 585 m² | 1 · 480 m² | 4.9 m |
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
2022 · 1 entry · 1,170 EUR awarded · 1,170 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 1,170 EUR | 1,170 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,241 companies in sector 70200 we hold annual accounts for 52,386. 16,934 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-10-2021
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 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.