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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TWA Invest from Baarle-Hertog, company number BE0552515166, closed financial year 2025 with a result of € -180,340 after tax. For that financial year TWA Invest recorded a gross margin of € 44,098 and equity of € 9 million. Compared with financial year 2024, the result moved from € -63,728 to € -180,340. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.
€ 9 million
▼ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -180,340
▼ 183 % more loss than in 2024
Profit after tax over the fiscal year.
€ 235,661
▼ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 5.9 million.
People and assets in 2025
€ 22,287
▼ 53% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.7 million
▼ 6% vs 2024
€ 108,225 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 27,587
▲ € 25,312 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,476
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -102,457 | € -86,512 | € 195,093 | € 44,098 | ▼ 77% |
| Profit after taxes | € -607,332 | € 19,631 | € -63,728 | € -180,340 | ▼ € 116,612 |
| Equity | € 11,586,053 | € 10,605,684 | € 10,541,956 | € 8,961,616 | ▼ 15% |
| Total debts | € 2,516,654 | € 2,032,501 | € 1,820,314 | € 2,444,894 | ▲ 34% |
| Cash | € 7,034,842 | € 1,090,788 | € 378,113 | € 235,661 | ▼ 38% |
| Land & buildings | € 3,973,824 | € 5,465,970 | € 5,560,919 | € 5,812,568 | ▲ 5% |
| Retained profit | € 7,496,453 | € 7,516,084 | € 7,452,356 | € 5,872,016 | ▼ 21% |
| Dividend | € 0 | € 0 | € 0 | € 1,400,000 | |
| Bank debt | € 2,245,305 | € 1,915,115 | € 1,812,678 | € 1,708,447 | ▼ 6% |
| Balance sheet total | € 14,102,708 | € 12,638,185 | € 12,362,270 | € 11,406,510 | ▼ 8% |
Key figures of TWA Invest, 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 TWA Invest?
What happened at TWA Invest in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 180,340. Source: NBB ↗
- New establishment in Baarle-Hertog. KBO
- Start of the company according to the CBE. KBO
In short
From € 607,332 loss in 2022 to € 180,340 loss in 2025.
Paid € 1,026 in corporate taxes since 2022.
Best year ever: 2023, with € 19,631 profit.
Paid out € 1.4 million in dividends to the owners in total.
Management
Behind TWA Invest is Tony Willems.
Directors
According to the 2025 annual accounts
Tony Willems
Director
Establishments
Establishment units
Physical locations of this company
Turnhoutseweg 38
2387 Baarle-Hertog
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0552.515.166
- VAT number
- BE 0552.515.166
- Registered office
- Turnhoutseweg 38, 2387 Baarle-Hertog
- Names & denominations
- TWA Invest
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 May 2014
- Peppol
- Active · Active since 9 Dec 2025
- Activities · NACE
Activiteiten van holdings
Holdings
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen