Financials
Financial year 2025
TWINS from Koksijde, company number BE0444044026, closed financial year 2025 with a result of € 130,918 after tax. For that financial year TWINS recorded a gross margin of € 576,619 and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 205,987 to € 130,918. 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 July 31, 2026.
€ 1.6 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 130,918
▼ 36% vs 2024
Profit after tax over the fiscal year.
€ 283,854
▼ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 3,332 paid out
3 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
4.4
▲ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 183,449
▲ 14% vs 2024
€ 41,700 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.
€ 8,464
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
▼ 8% vs 2024
€ 205,464 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 74,370
▼ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 40,703
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 582,773 | € 748,329 | € 666,170 | € 576,619 | ▼ 13% |
| Profit after taxes | € 167,494 | € 272,129 | € 205,987 | € 130,918 | ▼ 36% |
| Equity | € 1,014,655 | € 1,283,452 | € 1,486,108 | € 1,613,693 | ▲ 9% |
| Total debts | € 1,699,831 | € 1,469,385 | € 1,515,798 | € 1,350,020 | ▼ 11% |
| Cash | € 824,690 | € 449,082 | € 313,018 | € 283,854 | ▼ 9% |
| Land & buildings | € 1,680,124 | € 2,219,944 | € 2,624,212 | € 2,529,530 | ▼ 4% |
| Retained profit | € 914,655 | € 1,183,452 | € 1,386,108 | € 1,513,693 | ▲ 9% |
| Dividend | € 3,200 | € 3,332 | € 3,332 | € 3,332 | |
| Bank debt | € 1,290,000 | € 1,061,026 | € 1,173,128 | € 1,082,770 | ▼ 8% |
| Balance sheet total | € 2,775,037 | € 2,876,361 | € 3,122,159 | € 3,080,695 | ▼ 1% |
| Employees (FTE) | 4 | 3.5 | 3.5 | 4.4 | ▲ 0.9 |
Key figures of TWINS, 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 TWINS?
What happened at TWINS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Leen Van Aelst stepped down as director. NBB
- Veerle Andries stepped down as director. NBB
- Pierre Debecker stepped down as director. NBB
- David Debecker stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 130,918 (▼ 36% vs 2024). Source: NBB ↗
- Leen Van Aelst became a director. NBB
- Veerle Andries became a director. NBB
- Pierre Debecker became a director. NBB
In short
From € 167,494 profit in 2022 to € 130,918 profit in 2025.
Paid € 283,943 in corporate taxes since 2022.
Best year ever: 2023, with € 272,129 profit.
On average € 131,000 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Leen Van Aelst
Director
since 2023 · until 2030
Veerle Andries
Director
since 2023 · until 2030
since 2023 · until 2030
since 2023 · until 2030
Establishments
Establishment units
Physical locations of this company
Prins Karelstraat(Odk) 7 box A
8670 Koksijde
Zeedijk 34
8620 Nieuwpoort
Active since 21 May 1991
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0444.044.026
- VAT number
- BE 0444.044.026
- Registered office
- Prins Karelstraat(Odk) 7 bus A, 8670 Koksijde
- Names & denominations
- TWINS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 May 1991
- Peppol
- Active · Active since 8 Oct 2025
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Fastfoodzaken, snackbars, frituren en dergelijke
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Eetgelegenheden met volledige bediening
Eetgelegenheden met beperkte bediening
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen