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.
Financials
Financial year 2025
Twintag from Herentals, company number BE0670856354, closed financial year 2025 with a result of € -572,384 after tax. For that financial year Twintag recorded a gross margin of € 597,704 and equity of € 781,015. Compared with financial year 2024, the result moved from € -731,688 to € -572,384. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 4, 2026.
€ 781,015
▼ 42% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -572,384
▲ 22 % less loss than in 2024
Profit after tax over the fiscal year.
€ 423,371
▼ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -7.2 million.
People and assets in 2025
4.7
▼ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 429,125
▼ 14% vs 2024
€ 91,300 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 2025
€ 722,517
Loans from banks and other lenders, long and short.
€ 158,614
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 68,355
▼ 44% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 14,905 | € 132,403 | € 470,221 | € 597,704 | ▲ 27% |
| Profit after taxes | € -1,652,357 | € -970,753 | € -731,688 | € -572,384 | ▲ € 159,305 |
| Equity | € 2,745,464 | € 1,774,711 | € 1,353,399 | € 781,015 | ▼ 42% |
| Total debts | € 458,060 | € 1,459,662 | € 1,785,271 | € 1,601,082 | ▼ 10% |
| Cash | € 1,036,883 | € 1,166,533 | € 842,000 | € 423,371 | ▼ 50% |
| Retained profit | € -4,951,648 | € -5,922,401 | € -6,654,089 | € -7,226,473 | ▼ € 572,384 |
| Bank debt | € 0 | € 722,517 | € 722,517 | € 722,517 | |
| Balance sheet total | € 3,203,523 | € 3,234,373 | € 3,138,670 | € 2,382,097 | ▼ 24% |
| Employees (FTE) | 6.7 | 4.9 | 5.9 | 4.7 | ▼ 1.2 |
Key figures of Twintag, 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 Twintag?
What happened at Twintag in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Greenlights BV stepped down as director. NBB
- Annamation BV stepped down as director. NBB
- Katoen Natie NV stepped down as director. NBB
- ETA BV stepped down as director. NBB
- Netzero BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 572,384. Source: NBB ↗
- Greenlights BV became a director. NBB
- Annamation BV became a director. NBB
In short
From € 1.7 million loss in 2022 to € 572,384 loss in 2025.
Paid € 7,950 in corporate taxes since 2022.
On average € 127,200 of value added per employee in 2025.
Management
The stake of TASTE INVEST, DVP Invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TwintagThe shares are held by TASTE INVEST (5.8%) and DVP Invest (5.3%).
Directors
According to the 2025 annual accounts
since 2022 · until 2028
Director · represented by Paul Carpentier
since 2022 · until 2027
since 2022 · until 2028
Director · represented by Anton Colpaert
Also active at: Centrale der Werkgevers aan de Haven van Antwerpen, VIL
since 2022 · until 2028
since 2022 · until 2027
Shareholders
5.8%
5.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Diamantstraat (HRT) 8 box 262
2200 Herentals
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0670.856.354
- VAT number
- BE 0670.856.354
- Registered office
- Diamantstraat (HRT) 8 bus 262, 2200 Herentals
- Names & denominations
- Twintag
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 February 2017
- Peppol
- Active · Active since 1 Jan 2001
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