Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 43 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TWINS IMMO from Brussel, company number BE0466650964, closed financial year 2025 with a result of € -297,588 after tax. For that financial year TWINS IMMO recorded a gross margin of € 41,367 and equity of € 263,819. Compared with financial year 2024, the result moved from € -66,353 to € -297,588. The company made a loss. The buffer shrank hard: equity is 53 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 263,819
▼ 53% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -297,588
▼ 348 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,870
▼ 79% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -372,474.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 431,052
▲ 129% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,746
▼ 16% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 142,755 | € 57,519 | € 24,969 | € 41,367 | ▲ 66% |
| Profit after taxes | € 34,173 | € -34,348 | € -66,353 | € -297,588 | ▼ € 231,236 |
| Equity | € 662,108 | € 627,760 | € 561,407 | € 263,819 | ▼ 53% |
| Total debts | € 1,009,331 | € 1,077,495 | € 1,087,291 | € 1,323,043 | ▲ 22% |
| Cash | € 71,966 | € 928 | € 9,017 | € 1,870 | ▼ 79% |
| Land & buildings | € 1,107,946 | € 1,041,644 | € 978,934 | € 913,926 | ▼ 7% |
| Retained profit | € 25,816 | € -8,533 | € -74,885 | € -372,474 | ▼ € 297,588 |
| Balance sheet total | € 1,671,439 | € 1,705,255 | € 1,648,698 | € 1,586,862 | ▼ 4% |
Key figures of TWINS IMMO, 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 IMMO?
What happened at TWINS IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 297,588. Source: NBB ↗
- New establishment in Brussel. KBO
- New establishment in Schaarbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 34,173 profit in 2022 to € 297,588 loss in 2025.
Best year ever: 2022, with € 34,173 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind TWINS IMMO are Ismail Kurt and Youssef Damzi.
Directors
According to the 2025 annual accounts
Ismail Kurt
Managing director
Youssef Damzi
Managing director
Establishments
Establishment units
Physical locations of this company
Koninginnelaan 197 box 1
1000 Brussel
Jan Blockxstraat 4 box 4
1030 Schaarbeek
Active since 25 October 1999
Koninginnelaan 195
1000 Brussel
Active since 15 March 2016
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.650.964
- VAT number
- BE 0466.650.964
- Registered office
- Koninginnelaan 197 bus 1, 1000 Brussel
- Names & denominations
- TWINS IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 August 1999
- Peppol
- Active · Active since 23 Dec 2025
- Contact
- [email protected] 0475622679
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Handelsbemiddeling in de groothandel in andere specifieke goederen
Vervaardiging van machines voor de winning van delfstoffen en voor de bouw
Carrosserieherstelling (inclusief spuiten en verven)
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Vervaardiging van machines voor de landbouw en de bosbouw
Vervaardiging van hijs-, hef- en transportwerktuigen
Vervaardiging van carrosserieën voor motorvoertuigen
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