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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 54 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
TWINS 2017 from Brussel, company number BE0677854509, closed financial year 2026 with a result of € -6,884 after tax. For that financial year TWINS 2017 recorded a gross margin of € 615,086 and equity of € -137,794. Compared with financial year 2025, the result moved from € 79,574 to € -6,884. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 22, 2026.
€ -137,794
▼ € 21,593 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,884
▼ still € 79,574 profit in 2025
Profit after tax over the fiscal year.
€ 464,553
▼ 43% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -174,748.
People and assets in 2026
17.2
▲ 0.9 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 504,006
▼ 19% vs 2025
€ 29,300 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.
€ 1,606
▲ 277% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 855,835
▼ 35% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 51,752
▲ 4% vs 2025
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 547,110 | € 654,548 | € 810,917 | € 615,086 | ▼ 24% |
| Profit after taxes | € 41,103 | € 65,743 | € 79,574 | € -6,884 | ▼ € 86,458 |
| Equity | € -232,101 | € -181,067 | € -116,201 | € -137,794 | ▼ € 21,593 |
| Total debts | € 985,082 | € 1,188,965 | € 1,577,355 | € 936,693 | ▼ 41% |
| Cash | € 236,966 | € 559,261 | € 808,873 | € 464,553 | ▼ 43% |
| Retained profit | € -313,181 | € -247,438 | € -167,864 | € -174,748 | ▼ € 6,884 |
| Bank debt | € 35,745 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 752,982 | € 1,007,898 | € 1,461,154 | € 798,899 | ▼ 45% |
| Employees (FTE) | 16.4 | 16.6 | 16.3 | 17.2 | ▲ 0.9 |
Key figures of TWINS 2017, 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 August 2027.
What happened to TWINS 2017?
What happened at TWINS 2017 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 6,884 (▼ € 86,458 vs 2025). filed late Source: NBB ↗
- New establishment in Sint-Jans-Molenbeek. KBO
- New establishment in Oudergem. KBO
- Start of the company according to the CBE. KBO
In short
From € 41,103 profit in 2023 to € 6,884 loss in 2026.
Best year ever: 2025, with € 79,574 profit.
On average € 35,800 of value added per employee in 2026.
Management
Behind TWINS 2017 are DA COSTA R MANAGEMENT SRL and KF Management SRL. The same people are also behind VAL-R and EASY BREAK. DA COSTA R MANAGEMENT SRL is also behind EXPRESS LIVINGSTONE.
Directors
According to the 2026 annual accounts
Manager · represented by RUBEN DA COSTA SILVA
Also active at: EXPRESS LIVINGSTONE, VAL-R, EASY BREAK
Establishments
Establishment units
Physical locations of this company
Livingstonelaan 8-10
1000 Brussel
Ninoofsesteenweg .
1080 Sint-Jans-Molenbeek
Active since 1 September 2017
Invalidenlaan .
1160 Oudergem
Active since 1 August 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0677.854.509
- VAT number
- BE 0677.854.509
- Registered office
- Livingstonelaan 8-10, 1000 Brussel
- Names & denominations
- TWINS 2017
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 July 2017
- Peppol
- Active · Active since 2 Jan 2026
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 100 m² en minder dan 400 m²)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)