Financials
Financial year 2025
TWE MEULEBEKE from Tielt, company number BE0405578081, closed financial year 2025 with a result of € 3.2 million after tax. For that financial year TWE MEULEBEKE recorded revenue of € 72.8 million and equity of € 62.7 million. Compared with financial year 2024, the result moved from € 4.8 million to € 3.2 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 29, 2026.
€ 62.7 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.2 million
▼ 33% vs 2024
Profit after tax over the fiscal year.
€ 1.4 million
▼ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 61.6 million.
People and assets in 2025
245
▼ 4.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 17.2 million
▲ 1% vs 2024
€ 70,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 94,084
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 10.3 million
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 68 days on average.
€ 3.6 million
▼ 10% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 70,132,721 | € 76,038,496 | € 71,244,436 | € 72,820,326 | ▲ 2% |
| Profit after taxes | € 4,839,395 | € 6,351,248 | € 4,809,696 | € 3,206,890 | ▼ 33% |
| Equity | € 48,350,482 | € 54,701,730 | € 59,511,426 | € 62,718,316 | ▲ 5% |
| Total debts | € 24,370,159 | € 17,373,379 | € 15,335,360 | € 14,304,443 | ▼ 7% |
| Cash | € 2,842,252 | € 2,253,537 | € 2,194,149 | € 1,403,563 | ▼ 36% |
| Land & buildings | € 9,926,248 | € 9,737,833 | € 9,249,910 | € 8,866,028 | ▼ 4% |
| Retained profit | € 47,190,962 | € 53,542,210 | € 58,351,906 | € 61,558,796 | ▲ 5% |
| Bank debt | € 6,702,509 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 72,883,725 | € 72,238,193 | € 74,846,786 | € 77,022,760 | ▲ 3% |
| Employees (FTE) | 226.5 | 241.9 | 249.5 | 245 | ▼ 4.5 |
Key figures of TWE MEULEBEKE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to TWE MEULEBEKE?
What happened at TWE MEULEBEKE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ralf Berens stepped down as director. NBB
- Kurt Lefebre stepped down as director. NBB
- Ignace Vansteenkiste stepped down as director. NBB
- Jörg Ortmeier stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3.2 million (▼ 33% vs 2024). Source: NBB ↗
- Kurt Lefebre became a director. NBB
- Ralf Berens became a director. NBB
- Jörg Ortmeier became a director. NBB
In short
From € 4.8 million profit in 2022 to € 3.2 million profit in 2025.
Paid € 585,686 in corporate taxes since 2022.
Best year ever: 2023, with € 6.4 million profit.
Pays suppliers within 68 days on average.
Management
It owns 100% of TWE MACON sas and 100% of TWE CREPY-EN-VALOIS NTI SAS itself.
Directors
According to the 2025 annual accounts
Ralf Berens
Director
since 2015 · until 2031
Kurt Lefebre
Director
since 2024 · until 2031
Ignace Vansteenkiste
Managing director
since 2014 · until 2031
Jörg Ortmeier
Director
since 2014 · until 2031
Establishments
Establishment units
Physical locations of this company
Marialoopsteenweg 51
8760 Tielt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
MITTWALD-AS Mittwald CM Service GmbH und Co. KG, DE
Domain
Domain
twe-group.com
Registered
2005-02-17
Registrar
InterNetX GmbH
Expires
2027-02-17
Website info
Features
Security
Details
- Company number
- 0405.578.081
- VAT number
- BE 0405.578.081
- Registered office
- Marialoopsteenweg 51, 8760 Tielt
- Names & denominations
- TWE MEULEBEKE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 March 1964
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- twe-group.com
- Activities · NACE
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