Financials
Financial year 2025
Worth noting
- The team shrank two years in a row.
- Little cash and receivables against the short-term debts.
Revenue
€ 38.8 million
▼ 15% vs 2024
Profit
Healthy€ 266,963
▼ 17% vs 2024
Debts
High€ 27.5 million
▼ 2% vs 2024
TWG Service from Brugge, company number BE0429665161, closed financial year 2025 with a result of € 266,963 after tax. For that financial year TWG Service recorded revenue of € 38.8 million and equity of € 2 million. Compared with financial year 2024, the result moved from € 322,621 to € 266,963. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
What happened at TWG Service?
What happened at TWG Service in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Lacosy BV stepped down as director. NBB
- PGMS NV stepped down as director. NBB
- O'Tentic BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 266,963 (▼ 17% vs 2024). Source: NBB ↗
- New establishment in Mouscron. KBO
- Lacosy BV became a director. NBB
- O'Tentic BV became a director. NBB
- PGMS NV became a director. NBB
In short
From € 87,675 profit in 2022 to € 266,963 profit in 2025.
Paid € 433,335 in corporate taxes since 2022.
Best year ever: 2024, with € 322,621 profit.
Pays suppliers within 31 days on average.
A new publication or filing at TWG Service? We notify you, reason included.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
Directors
According to the 2025 annual accounts
Director · represented by Pieter Cosyn
Also active at: PROTEQ, Radius LeaseWear, DRESS CONFECT +2 more
since 2025 · until 2029
Director · represented by Philip Ghekiere
Also active at: KINEPOLIS GROUP, Belconfect, PROTEQ +6 more
since 2022 · until 2027
Managing director · represented by Veronique Mulliez
Also active at: Belconfect, PROTEQ, The Workwear Group +4 more
since 2023 · until 2027
Establishments
Establishment units
Physical locations of this company
Pathoekeweg 15
8000 Brugge
Jacquetboslaan(D) 9
7711 Mouscron
Active since 17 April 2026
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
Details
- Company number
- 0429.665.161
- VAT number
- BE 0429.665.161
- Registered office
- Pathoekeweg 15, 8000 Brugge
- Names & denominations
- TWG Service
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 November 1986
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Groothandel in werkkleding
Groothandel in textiel
Groothandel in weefsels, stoffen en fournituren