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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Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
TWINSTAR from Lo-Reninge, company number BE0502625690, closed financial year 2026 with a result of € 151,175 after tax. For that financial year TWINSTAR recorded a gross margin of € 527,652 and equity of € 552,898. Compared with financial year 2025, the result moved from € 20,461 to € 151,175. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 28, 2026.
€ 552,898
▲ 38% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 151,175
▲ € 130,714 vs 2025
Profit after tax over the fiscal year.
€ 282,559
▲ 141% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 532,898.
People and assets in 2026
€ 39,582
▼ 29% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 1.6 million
▼ 31% vs 2025
€ 134,286 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 41,433
▼ 17% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 72,046
▲ 88% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 138,789 | € 143,634 | € 270,812 | € 527,652 | ▲ 95% |
| Profit after taxes | € 43,449 | € 36,758 | € 20,461 | € 151,175 | ▲ € 130,714 |
| Equity | € 344,505 | € 381,263 | € 401,723 | € 552,898 | ▲ 38% |
| Total debts | € 987,065 | € 933,356 | € 2,755,445 | € 2,081,725 | ▼ 24% |
| Cash | € 43,138 | € 41,241 | € 117,474 | € 282,559 | ▲ 141% |
| Land & buildings | € 441,217 | € 423,137 | € 2,226,183 | € 1,601,842 | ▼ 28% |
| Retained profit | € 324,505 | € 361,263 | € 381,723 | € 532,898 | ▲ 40% |
| Bank debt | € 705,583 | € 610,297 | € 2,282,261 | € 1,574,226 | ▼ 31% |
| Balance sheet total | € 1,331,569 | € 1,314,619 | € 3,157,168 | € 2,634,623 | ▼ 17% |
Key figures of TWINSTAR, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to TWINSTAR?
What happened at TWINSTAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 151,175 (▲ € 130,714 vs 2025). Source: NBB ↗
- New establishment in Diksmuide. KBO
- Start of the company according to the CBE. KBO
- New establishment in Lo-Reninge. KBO
In short
From € 43,449 profit in 2023 to € 151,175 profit in 2026.
Paid € 74,371 in corporate taxes since 2023.
Best year ever: 2026, with € 151,175 profit.
Management
Behind TWINSTAR is Thomas Rubrecht. It owns 82% of Walleboom itself.
Directors
According to the 2026 annual accounts
Thomas Rubrecht
Director
Also active at: TECHNISCHE INSTALLATIE-, LAS- EN CONSTRUCTIEWERKEN, ONEJOB, ACTUM BUILDING SERVICE
Establishments
Establishment units
Physical locations of this company
Blauwvoet 1
8647 Lo-Reninge
Polderstraat(D) 16
8600 Diksmuide
Active since 11 December 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0502.625.690
- VAT number
- BE 0502.625.690
- Registered office
- Blauwvoet 1, 8647 Lo-Reninge
- Names & denominations
- TWINSTAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 January 2013
- Peppol
- Active · Active since 16 May 2025
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Handelsbemiddeling in de groothandel in andere specifieke goederen
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Diverse administratieve activiteiten ten behoeve van kantoren
Handelsbemiddeling in auto's en lichte bestelwagens (= 3,5 ton)
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