TWISTEDMINDS
ActiveSummary
TWISTEDMINDS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €102,098 and a net result of -€2,395. Equity is shrinking by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 62% of 17213 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability43▼-31
Solvency96▼-4
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 2.2 against 2.57 in 2024; short-term debt: 28.8% of total assets), and 29.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
20 d late
2024
1 d late
2022
28 d late
2021
29 d late
2020
24 d late
2019
21 d late
2018
16 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 20 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€102,098▼ 2.3%
2024 · €104,492
Total assets
€144,214▲ 9.5%
2024 · €131,750
Net result
-€2,395
2024 · €8,356
Working capital
€49,824▲ 16.7%
2024 · €42,693
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220242025
Operating result-€2,428-€23,873▼ 883%-€2,982▲ 87.5%€11,996-€349▼ 97.1%
Net result-€10,608below the sector's middle half▼ 1,327%-€27,123below the sector's middle half▼ 156%-€6,064below the sector's middle half▲ 77.6%€8,356within the sector's middle half--€2,395below the sector's middle half
Equity€117,968within the sector's middle half▼ 8.3%€90,845within the sector's middle half▼ 23.0%€84,781within the sector's middle half▼ 6.7%€104,492within the sector's middle half-€102,098within the sector's middle half▼ 2.3%
Total assets€198,314within the sector's middle half▼ 3.4%€159,465within the sector's middle half▼ 19.6%€132,227within the sector's middle half▼ 17.1%€131,750within the sector's middle half-€144,214within the sector's middle half▲ 9.5%
Debt€80,346▲ 4.7%€68,619▼ 14.6%€47,446▼ 30.9%€27,258-€42,117▲ 54.5%
Working capital€48,337within the sector's middle half▼ 11.6%€26,417within the sector's middle half▼ 45.3%€7,000below the sector's middle half▼ 73.5%€42,693within the sector's middle half-€49,824within the sector's middle half▲ 16.7%
Solvency59.5%within the sector's middle half▼ 3.1pp57.0%within the sector's middle half▼ 2.5pp64.1%within the sector's middle half▲ 7.1pp79.3%within the sector's middle half-70.8%within the sector's middle half▼ 8.5pp
Current ratio1.60within the sector's middle half▼ 0.111.38below the sector's middle half▼ 0.221.15below the sector's middle half▼ 0.232.57within the sector's middle half-2.20within the sector's middle half▼ 0.37
Return on assets (ROA)-5.3%below the sector's middle half▼ 5.0pp-17.0%below the sector's middle half▼ 11.7pp-4.6%below the sector's middle half▲ 12.4pp6.3%within the sector's middle half--1.7%below the sector's middle half▼ 8.0pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 97% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €144,214
Fixed assets
€52,852 ▼ 14.5%
Current assets
€91,362 ▲ 30.6%
Equity and liabilities €144,214
Equity
€102,098 ▼ 2.3%
Debt
€42,117 ▲ 54.5%
Debt's share of the balance-sheet total rises from 20.7% to 29.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€8,704▼
2024 · €20,813
Cash flow
€5,960▼
2024 · €17,173
Debt to equity
0.41▲
2024 · 0.26
ROE
-2.3%▼
2024 · 8.0%
Interest coverage
3.17▼
2024 · 5.72
Debt ≤ 1 year
€41,538▲
2024 · €27,258
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,915 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
1.1%
went bankrupt
7.8%
stopped otherwise
91%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,915 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,760 | €5,202 | €5,324 | €8,817 | €8,355 | ▼ 5.2% |
| Other operating charges640/8 | - | €62 | €184 | €384 | €186 | ▼ 51.6% |
| Gross operating margin9900 | €4,605 | -€18,609 | €2,525 | €21,196 | €8,890 | ▼ 58.1% |
| Operating profit (loss)9901 | -€2,428 | -€23,873 | -€2,982 | €11,996 | €349 | ▼ 97.1% |
| Financial income75/76B | - | - | €47 | - | €1 | - |
| Recurring financial income75 | - | - | €47 | - | €1 | - |
| Financial charges65/66B | - | €3,250 | €3,129 | €3,640 | €2,745 | ▼ 24.6% |
| Recurring financial charges65 | €4,412 | €3,250 | €3,129 | €3,640 | €2,745 | ▼ 24.6% |
| Profit (loss) for the period before taxes9903 | -€6,840 | -€27,123 | -€6,064 | €8,356 | -€2,395 | ▼ 129% |
| Income taxes67/77 | €3,769 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€10,608 | -€27,123 | -€6,064 | €8,356 | -€2,395 | ▼ 129% |
| Profit (loss) for the period to be appropriated9905 | -€10,608 | -€27,123 | -€6,064 | €8,356 | -€2,395 | ▼ 129% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €198,314 | €159,465 | €132,227 | €131,750 | €144,214 | ▲ 9.5% |
| Fixed assets21/28 | €69,631 | €64,429 | €79,583 | €61,799 | €52,852 | ▼ 14.5% |
| Tangible fixed assets22/27 | €63,530 | €58,327 | €73,482 | €55,698 | €52,852 | ▼ 5.1% |
| Land and buildings22 | - | €48,074 | €44,793 | €38,703 | €35,874 | ▼ 7.3% |
| Plant, machinery and equipment23 | - | €1,504 | €1,003 | - | €5,328 | - |
| Furniture and vehicles24 | - | - | €20,187 | €11,995 | €7,900 | ▼ 34.1% |
| Other tangible fixed assets26 | - | €8,750 | €7,500 | €5,000 | €3,750 | ▼ 25.0% |
| Financial fixed assets28 | €6,101 | €6,101 | €6,101 | €6,101 | - | - |
| Current assets29/58 | €128,683 | €95,036 | €52,644 | €69,951 | €91,362 | ▲ 30.6% |
| Amounts receivable after more than one year29 | - | €42,451 | €22,143 | €23,038 | €23,499 | ▲ 2.0% |
| Other amounts receivable291 | - | €42,451 | €22,143 | €23,038 | €23,499 | ▲ 2.0% |
| Amounts receivable within one year40/41 | €73,142 | €38,663 | €13,773 | €30,416 | €53,941 | ▲ 77.3% |
| Trade receivables40 | - | €26,709 | €13,748 | €8,122 | €20,326 | ▲ 150% |
| Other amounts receivable41 | - | €11,954 | €25 | €22,295 | €33,615 | ▲ 50.8% |
| Current investments50/53 | €4,638 | €4,638 | €4,638 | €4,638 | €4,638 | = |
| Cash at bank and in hand54/58 | - | - | €2,805 | €170 | - | - |
| Deferred charges and accrued income490/1 | - | €9,285 | €9,285 | €11,689 | €9,285 | ▼ 20.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €198,314 | €159,465 | €132,227 | €131,750 | €144,214 | ▲ 9.5% |
| Equity10/15 | €117,968 | €90,845 | €84,781 | €104,492 | €102,098 | ▼ 2.3% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €110,720 | €110,720 | €110,720 | €110,720 | €110,720 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | - | €32,991 | €32,991 | €32,991 | €32,991 | = |
| Distributable reserves133 | - | €75,869 | €75,869 | €75,869 | €75,869 | = |
| Profit (loss) carried forward14 | -€11,352 | -€38,475 | -€44,539 | -€24,828 | -€27,222 | ▼ 9.6% |
| Amounts payable17/49 | €80,346 | €68,619 | €47,446 | €27,258 | €42,117 | ▲ 54.5% |
| Amounts payable within one year42/48 | €80,346 | €68,619 | €45,644 | €27,258 | €41,538 | ▲ 52.4% |
| Current portion of amounts payable after more than one year42 | - | €29,391 | €23,390 | €16,399 | €13,472 | ▼ 17.8% |
| Financial debts43 | - | €1,819 | €11,374 | €2,157 | €11,066 | ▲ 413% |
| Credit institutions430/8 | - | - | €11,374 | €2,157 | €11,066 | ▲ 413% |
| Other loans439 | - | €1,819 | - | - | - | - |
| Trade debts44 | €13,575 | €15,606 | €8,796 | €1,282 | €12,104 | ▲ 844% |
| Suppliers440/4 | - | €15,606 | €8,796 | €1,282 | €12,104 | ▲ 844% |
| Advances received on contracts in progress46 | - | €9,759 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €11,298 | €2,084 | €7,420 | €4,897 | ▼ 34.0% |
| Taxes450/3 | - | €11,298 | €2,084 | €7,420 | €4,897 | ▼ 34.0% |
| Other amounts payable47/48 | - | €746 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | €1,803 | - | €578 | - |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,608 | -€27,123 | -€6,064 | €8,356 | -€2,395 | ▼ 129% |
| + Depreciation and write-downs630 | €6,760 | €5,202 | €5,324 | €8,817 | €8,355 | ▼ 5.2% |
| Operating cash flow (approximation) | -€3,849 | -€21,921 | -€741 | €17,173 | €5,960 | ▼ 65.3% |
| Investment in fixed assets (approximation) | - | €0 | -€20,479 | - | €592 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-09
State Gazette act
Registered office · Legal-form changeRegistered-office move2 facts ▸
State Gazette act
Registered office · Legal-form change
Registered-office move2 facts ▸
- General meeting, 06-10-2025
- Registered-office move, Grote Geulenstraat 16 te 9130 Kieldrecht
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 1 day late
2024
31-12
Financial
Back to profitnet €8,356
Net result €8,356 after 4 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 2.57
Current ratio from 1.15 to 2.57; short-term debt falls from €45,644 to €27,258.
31-12
Financial
Equity above €100,000Eq €104,492 ▲23.2%
Equity rises from €84,781 to €104,492.
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Weakest financial yearnet -€27,123
Net result drops to -€27,123, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
16-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 16 days late
Show earlier events
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
27-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2007
Ground area
228 m²
Building footprint
126 m²
Volume, LiDAR
771 m³
Parcel 46012D0229/00M002, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TwistedMinds
since 20072.163.409.311
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46012D0229/00M002 | Flanders | 228 m² | 1 · 126 m² | 10.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 30,007 companies in sector 62200 we hold annual accounts for 18,400. 15,568 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded08-06-2007
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
46180Agents specialised in the wholesale of other particular products
93110Operation of sports facilities
Contact
Phone
03/3545656Beveren-Kruibeke-Zwijndrecht
E-invoicing
Reachable via Peppol
Peppol ID
0208:0889952630
Also
9925:BE0889952630
Registered
31-03-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.