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TWITS

Active
Public limited companyfounded 1997active for 28 yearsParijsstraat 52, 3000 Leuven, BelgiumKBO/BCE: BE 0461.909.347
Summary

TWITS has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €308,760 and a net result of €15,350. Equity is growing by about 4.9% per year across the filed financial years. Its solvency ranks better than 55% of 9,658 sector peers (NACE 47, financial year 2024). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Activity
Retail sale of other sporting goods
NACE 47639Retail sale of clothing and accessories for women, men, children and babies (general range) NACE 47716
1 site
Size
€716,730total assets 2024
Staff
2.3 FTE
Equity
€308,760
Profit
€15,350
Turnover not published (abbreviated format)
Financial health
56 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Accounts 70 days overdue0 of 1 deed read
Why 56raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 05-11-2025)1 financial year not filed after the legal deadline; latest accounts 92 days late; 3 of the last 3 latelowers riskFounded in 1997Liquidity: current ratio 4.29, cash €121,683Show the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 55% of its sector peers (NACE 47, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Average
Solvency 68+1
equity 43.1% of total assets
Liquidity 69-2
short-term debt 14.3% · cash 17.0%
Profitability 47-10
return on assets 2.1%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,186 companies, NACE 47, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025lowest value 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.4%▲ +0.1 percentage points vs 08-2025 10-2025: 0.5%▲ +0.1 percentage points vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025highest value 12-2025: 0.2%▼ -0.3 percentage points vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026 10-2026: 0.5%▲ +0.1 percentage points vs 09-2026
Credit of up to €17,000 on 30-day terms, only on tighter conditions
Liquidity ample (current ratio 4.29, compared with 6.33 in 2023; short-term debt: 14.3% and cash: 17% of total assets), but 56.9% of the assets are financed with debt.
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 47, micro): better than 58% on solvency, 75% on liquidity, 34% on profitability and 52% on growth.

The bankruptcy probability was computed on 08-10-2026 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

Five signals.
−lowers risk+raises risk
lowers risk · Founded in 1997
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Figures for financial year 2024 (filed 05-11-2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 4.29, cash €121,683
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 92 days late; 3 of the last 3 late
NBB · filings
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
92 days late
2023
61 days late
2022
91 days late
2021
92 days late
2020
59 days late
2019
61 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 76 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · abbreviated…
  2. Annual accounts filedfinancial year 2023 · abbreviated…
  3. Annual accounts filedfinancial year 2022 · abbreviated…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 70 days late View
  • Positive: 6 profitable years in a rowprofit 2024: €15,350 6 years View
  • Active since 1997founded 17-11-1997 28 years View

By topic

Financials

Financial year
2024
Total assets
€716,730
Profit
€15,350
Solvency
43.1%
Total assets▲ 2.9%
Net result
20182024
Go to Financials

Timeline

Events
29
Since
1999
  1. 31-10-2022Annual accounts filed
  2. 31-12-2021Highest result from 2018 to 2024
  3. 28-09-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Retail sale of other sporting goodsNACE 47639
Founded
17-11-1997
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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