Financials
Financial year 2025
TWINVEST from Brugge, company number BE0628933449, closed financial year 2025 with a result of € 3,170 after tax. For that financial year TWINVEST recorded a gross margin of € 123,381 and equity of € 115,538. Compared with financial year 2024, the result moved from € 1,108 to € 3,170. 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 November 25, 2025.
€ 115,538
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,170
▲ 186% vs 2024
Profit after tax over the fiscal year.
€ 386,993
▲ € 302,213 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -184,462.
People and assets in 2025
€ 26,232
▲ € 20,587 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.6 million
▲ 28% vs 2024
€ 27,092 is repaid this year. At this pace the long-term loan is gone in ≈ 169 years.
€ 6,280
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,116
▲ € 1,115 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 | € -5,580 | € 63,552 | € 115,388 | € 123,381 | ▲ 7% |
| Profit after taxes | € -20,259 | € -59,779 | € 1,108 | € 3,170 | ▲ 186% |
| Equity | € 171,039 | € 111,260 | € 112,368 | € 115,538 | ▲ 3% |
| Total debts | € 300,062 | € 3,925,893 | € 5,677,335 | € 7,275,773 | ▲ 28% |
| Cash | € 17,720 | € 2,227,656 | € 84,780 | € 386,993 | ▲ € 302,213 |
| Land & buildings | € 448,622 | € 1,696,819 | € 4,508,057 | € 4,490,365 | |
| Retained profit | € -128,961 | € -188,740 | € -187,632 | € -184,462 | ▲ € 3,170 |
| Bank debt | € 0 | € 3,600,000 | € 3,600,000 | € 4,591,121 | ▲ 28% |
| Balance sheet total | € 471,102 | € 4,037,154 | € 5,789,703 | € 7,391,311 | ▲ 28% |
Key figures of TWINVEST, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 November 2026.
What happened to TWINVEST?
What happened at TWINVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,170 (▲ 186% vs 2024). Source: NBB ↗
- Nele Verstraete became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
- Stefaan Vangheluwe became a director. NBB
In short
From € 20,259 loss in 2022 to € 3,170 profit in 2025.
Paid € 22 in corporate taxes since 2022.
Best year ever: 2025, with € 3,170 profit.
A new publication or filing at TWINVEST? We notify you, reason included.
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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 TWINVEST are Nele Verstraete and Stefaan Vangheluwe. Nele Verstraete is also behind PAVERCO INVESTMENT & MANAGEMENT and LiLoLa.
Directors
According to the 2025 annual accounts
since 2024
Stefaan Vangheluwe
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Messem 11
8200 Brugge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0628.933.449
- VAT number
- BE 0628.933.449
- Registered office
- Messem 11, 8200 Brugge
- Names & denominations
- TWINVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 April 2015
- Peppol
- Active · Active since 13 Jul 2026
- Activities · NACE
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