Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
TWINZZ from Oudergem, company number BE0444535657, closed financial year 2024 with a result of € 69,585 after tax. For that financial year TWINZZ recorded a gross margin of € 242,768 and equity of € 1.2 million. Compared with financial year 2023, the result moved from € 283,665 to € 69,585. 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 October 6, 2025.
€ 1.2 million
▲ 6% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 69,585
▼ 75% vs 2023
Profit after tax over the fiscal year.
€ 22,874
▼ 91% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 484,289.
People and assets in 2024
€ 279
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 35,775
▼ 40% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 1.8 million
▲ 33% vs 2023
€ 105,853 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 37,306
▲ 151% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 317,011
▲ 8% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 190,507 | € 893,513 | € 242,768 | ▼ 73% |
| Profit after taxes | € -10,740 | € 283,665 | € 69,585 | ▼ 75% |
| Equity | € 1,528,301 | € 1,105,820 | € 1,175,405 | ▲ 6% |
| Total debts | € 2,695,737 | € 1,771,449 | € 2,164,635 | ▲ 22% |
| Cash | € 466 | € 244,970 | € 22,874 | ▼ 91% |
| Land & buildings | € 4,020,679 | € 1,777,268 | € 2,368,046 | ▲ 33% |
| Retained profit | € 282,011 | € 393,239 | € 484,289 | ▲ 23% |
| Dividend | € 0 | € 210,000 | € 0 | ▼ 100% |
| Bank debt | € 2,218,949 | € 1,364,016 | € 1,809,818 | ▲ 33% |
| Balance sheet total | € 4,560,798 | € 3,201,481 | € 3,657,382 | ▲ 14% |
Key figures of TWINZZ, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to TWINZZ?
What happened at TWINZZ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 69,585 (▼ 75% vs 2023). filed late Source: NBB ↗
- New establishment in Oudergem. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,740 loss in 2022 to € 69,585 profit in 2024.
Paid € 293,878 in corporate taxes since 2022.
Best year ever: 2023, with € 283,665 profit.
Paid out € 210,000 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Vorstlaan 240 box 16
1160 Oudergem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →Super Bazars
LES GRANDES TEINTURERIES ASSOCIEES
€ 90,816 gross margin · 2025
Association des Commercants du Shopping Center d'Auderghem
OLIVIER DE COSTER
€ 125,812 gross margin · 2024
@OLHEIS@ DAUBRESSE EN CO
+5 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0444.535.657
- VAT number
- BE 0444.535.657
- Registered office
- Vorstlaan 240 bus 16, 1160 Oudergem
- Names & denominations
- TWINZZ
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 June 1991
- Peppol
- Active · Active since 18 Feb 2026
- Activities · NACE
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