Active · per the CBE, 16 September 2026

TWS Projects

BE0724596532

Rechtspersoon Private limited company 1 establishment

TWS Projects is a car rental company in Houthulst. Private Limited, started on 5 April 2019, 1 establishment.

Smallestraat 12, 8650 Houthulst

Behind the company: Geert Devloo.

Active for

7 year, 5 months

Financials

Financial year 2025

TWS Projects from Houthulst, company number BE0724596532, closed financial year 2025 with a result of € 55,461 after tax. For that financial year TWS Projects recorded a gross margin of € 237,476 and equity of € 154,031. Compared with financial year 2024, the result moved from € 25,551 to € 55,461. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.

What it is worth Growing

€ 154,031

▲ 56% vs 2024

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

Profit Growing

€ 55,461

▲ 117% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 258,273

▲ 141% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 153,031.

People and assets in 2025

Wage cost

€ 8

▼ € 19,897 vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 242,547

▼ 21% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go

€ 187,902

▼ 23% vs 2024

€ 91,116 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 188,200

▲ 64% vs 2024

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

Taxes

€ 21,311

▲ 64% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 93,220 € 163,233 € 209,660 € 237,476 ▲ 13%
Profit after taxes € 23,199 € 2,847 € 25,551 € 55,461 ▲ 117%
Equity € 70,172 € 73,019 € 98,570 € 154,031 ▲ 56%
Total debts € 298,247 € 399,043 € 430,070 € 456,275 ▲ 6%
Cash € 22,414 € 34,610 € 107,196 € 258,273 ▲ 141%
Retained profit € 69,172 € 72,019 € 97,570 € 153,031 ▲ 57%
Bank debt € 178,559 € 265,212 € 243,567 € 187,902 ▼ 23%
Balance sheet total € 368,419 € 472,062 € 528,640 € 610,305 ▲ 15%

Key figures of TWS Projects, 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 TWS Projects?

What happened at TWS Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 55,461 (▲ 117% vs 2024). Source: NBB ↗
  • New establishment in Houthulst. KBO
  • Start of the company according to the CBE. KBO

In short

From € 23,199 profit in 2022 to € 55,461 profit in 2025.

Paid € 58,455 in corporate taxes since 2022.

Best year ever: 2025, with € 55,461 profit.

Management

Geert Devloo
TWS Projects

Behind TWS Projects is Geert Devloo.

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Directors

According to the 2025 annual accounts

Geert Devloo

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Smallestraat 12

8650 Houthulst

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 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
0724.596.532
VAT number
BE 0724.596.532
Registered office
Smallestraat 12, 8650 Houthulst
Names & denominations
TWS Projects
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
5 April 2019
Peppol
Active · Active since 2 Nov 2025
Activities · NACE

Verhuur en lease van personenauto’s en andere lichte motorvoertuigen

Organisatie van congressen en beurzen

Verhuur en lease van vrachtwagens

Frequently asked questions

What does TWS Projects do?
TWS Projects is a car rental company in Houthulst. Private Limited, started on 5 April 2019, 1 establishment.
What is the address of TWS Projects?
The registered office of TWS Projects is located at Smallestraat 12, 8650 Houthulst.
Is TWS Projects still active?
Yes. According to the CBE (16 September 2026) TWS Projects is active, legal situation “Normale toestand”, started on 5 April 2019.
Is TWS Projects registered on Peppol?
Yes, TWS Projects is registered on the Peppol network with ID 0208:0724596532.
What is the enterprise number of TWS Projects?
The enterprise number of TWS Projects is BE0724596532.
When was TWS Projects founded?
TWS Projects was founded on 5 April 2019.