What does TW-STUDIO do?

TW-STUDIO is a wholesaler in Balen. Private Limited, started on 5 January 2015, 2 establishments.

What is the address of TW-STUDIO?

The registered office of TW-STUDIO is located at Steenweg Op Leopoldsburg 28 box 2, 2490 Balen.

Is TW-STUDIO still active?

Yes. According to the CBE (29 October 2026) TW-STUDIO is active, legal situation “Normale toestand”, started on 5 January 2015.

Is TW-STUDIO registered on Peppol?

No, TW-STUDIO is currently not registered on the Peppol network.

What is the enterprise number of TW-STUDIO?

The enterprise number of TW-STUDIO is BE0568456523.

When was TW-STUDIO founded?

TW-STUDIO was founded on 5 January 2015.

Who are the directors of TW-STUDIO?

According to the 2024 annual accounts, the directors of TW-STUDIO are: Studio K BV.

Is TW-STUDIO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 5 January 2015; 4 annual accounts filed, latest fiscal year 2024; 1 directors known from the annual account; 2 establishments in the CBE.

How much profit did TW-STUDIO make in 2024?

TW-STUDIO posted a profit after taxes of € 200,648 in financial year 2024.

What is the revenue of TW-STUDIO?

As a small company, TW-STUDIO is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 456,783.

How much does an employee at TW-STUDIO earn?

The average wage cost per full-time employee at TW-STUDIO was € 80,000 in 2024: staff costs of € 239,994 for 3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does TW-STUDIO have?

According to the 2024 annual accounts, TW-STUDIO has 3 full-time equivalents (FTE).

TW-STUDIO (Private Limited) - Balen - BE0568456523

Dossier TW-STUDIO, printed on 29 October 2026 from databakkes.be/en/0568456523/tw-studio. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Busy address KBO

11 other companies have their registered office at the same address; threshold 10.
Not on Peppol Peppol

Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2024

TW-STUDIO from Balen, company number BE0568456523, closed financial year 2024 with a result of € 200,648 after tax. For that financial year TW-STUDIO recorded a gross margin of € 456,783 and equity of € 187,380. Compared with financial year 2023, the result moved from € 20,852 to € 200,648. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 20, 2025.

What it is worth Growing

€ 187,380

▲ 37% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 200,648

▲ € 179,796 vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 479

▼ € 96,929 vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 150,000 paid out

75 % of the profit went to the shareholders, mostly to STUDIO K (100 % of the shares). That is where the money ends up.

People and assets in 2024

Full-time equivalents

▲ 0.2 vs 2023

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 239,994

€ 80,000 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.

Debts at end 2024

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 160,966

▲ 63% vs 2023

€ 99,896 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 776,391

▲ € 599,400 vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 54,518

▲ 11% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 60,886 Gross margin 2021: € 60,886 First fiscal year in the series	€ 187,718 Gross margin 2022: € 187,718 ▲ 208% vs 2021 (€ 60,886) Favourable step	€ 269,301 Gross margin 2023: € 269,301 ▲ 43% vs 2022 (€ 187,718) Favourable step	€ 456,783 Gross margin 2024: € 456,783 ▲ 70% vs 2023 (€ 269,301) Favourable step	▲ 70%
Profit after taxes	€ 56,482 Profit after taxes 2021: € 56,482 First fiscal year in the series	€ 172,377 Profit after taxes 2022: € 172,377 ▲ 205% vs 2021 (€ 56,482) Favourable step	€ 20,852 Profit after taxes 2023: € 20,852 ▼ 88% vs 2022 (€ 172,377) Unfavourable step	€ 200,648 Profit after taxes 2024: € 200,648 ▲ € 179,796 vs 2023 (€ 20,852) Favourable step	▲ € 179,796
Equity	€ -56,497 Equity 2021: € -56,497 First fiscal year in the series	€ 115,880 Equity 2022: € 115,880 ▲ € 172,377 vs 2021 (€ -56,497) Favourable step	€ 136,732 Equity 2023: € 136,732 ▲ 18% vs 2022 (€ 115,880) Favourable step	€ 187,380 Equity 2024: € 187,380 ▲ 37% vs 2023 (€ 136,732) Favourable step	▲ 37%
Total debts	€ 188,046 Total debts 2021: € 188,046 First fiscal year in the series	€ 542,112 Total debts 2022: € 542,112 ▲ 188% vs 2021 (€ 188,046) Unfavourable step	€ 405,900 Total debts 2023: € 405,900 ▼ 25% vs 2022 (€ 542,112) Favourable step	€ 1,153,783 Total debts 2024: € 1,153,783 ▲ 184% vs 2023 (€ 405,900) Unfavourable step	▲ 184%
Cash	€ 1,289 Cash 2021: € 1,289 First fiscal year in the series	€ 2,798 Cash 2022: € 2,798 ▲ 117% vs 2021 (€ 1,289) Favourable step	€ 97,407 Cash 2023: € 97,407 ▲ € 94,609 vs 2022 (€ 2,798) Favourable step	€ 479 Cash 2024: € 479 ▼ € 96,929 vs 2023 (€ 97,407) Unfavourable step	▼ € 96,929
Retained profit	€ -156,497 Retained profit 2021: € -156,497 First fiscal year in the series	€ 15,880 Retained profit 2022: € 15,880 ▲ € 172,377 vs 2021 (€ -156,497) Favourable step	€ 36,732 Retained profit 2023: € 36,732 ▲ 131% vs 2022 (€ 15,880) Favourable step	€ 87,380 Retained profit 2024: € 87,380 ▲ 138% vs 2023 (€ 36,732) Favourable step	▲ 138%
Dividend	€ 0 Dividend 2021: € 0 First fiscal year in the series	€ 0 Dividend 2022: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 150,000 Dividend 2024: € 150,000 Unchanged (€ 0) Unchanged
Bank debt	€ 0 Bank debt 2021: € 0 First fiscal year in the series	€ 0 Bank debt 2022: € 0 Unchanged (€ 0) Unchanged	€ 98,507 Bank debt 2023: € 98,507 Unchanged (€ 0) Unfavourable step	€ 160,966 Bank debt 2024: € 160,966 ▲ 63% vs 2023 (€ 98,507) Unfavourable step	▲ 63%
Balance sheet total	€ 131,549 Balance sheet total 2021: € 131,549 First fiscal year in the series	€ 657,993 Balance sheet total 2022: € 657,993 ▲ € 526,444 vs 2021 (€ 131,549) Unchanged	€ 542,632 Balance sheet total 2023: € 542,632 ▼ 18% vs 2022 (€ 657,993) Unchanged	€ 1,341,163 Balance sheet total 2024: € 1,341,163 ▲ 147% vs 2023 (€ 542,632) Unchanged	▲ 147%
Employees (FTE)	-	-	2.8 Employees (FTE) 2023: 2.8 First fiscal year in the series	3 Employees (FTE) 2024: 3 ▲ 0.2 vs 2023 (2.8) Unchanged	▲ 0.2

Key figures of TW-STUDIO, fiscal years 2021 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 TW-STUDIO?

What happened at TW-STUDIO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 20, 2025 New annual accounts for financial year 2024: profit of € 200,648 (▲ € 179,796 vs 2023). filed late Source: NBB ↗
Feb 15, 2025 New establishment in Balen. KBO
Jan 5, 2015 New establishment in Balen. KBO
Jan 5, 2015 Start of the company according to the CBE. KBO

In short

From € 56,482 profit in 2021 to € 200,648 profit in 2024.

Paid € 35,021 in corporate taxes since 2021.

Best year ever: 2024, with € 200,648 profit.

On average € 152,300 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

STUDIO K 100%

The stake of STUDIO K comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

TW-STUDIO

Behind TW-STUDIO is Studio K BV. The shares are held by STUDIO K (100%).

Directors

According to the 2024 annual accounts

Studio K BV

Director · represented by Kristof Legein

Also active at: LEGEIN FURNITURE INDUSTRIES, TW-STUDIO INTERIORS

Shareholders

STUDIO K

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Steenweg Op Leopoldsburg 28 box 2

2490 Balen

2.238.719.022

Poeierstraat 10

2490 Balen

Active since 5 January 2015

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.

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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0568.456.523
VAT number: BE 0568.456.523
Registered office: Steenweg Op Leopoldsburg 28 bus 2, 2490 Balen
Names & denominations: TW-STUDIO
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 5 January 2015
Peppol: Not registered
Activities · NACE: Groothandel in huismeubilair

View on CBE Public ↗ Annual accounts (NBB) ↗