What does Twin Connection do?

Twin Connection is a civil engineering contractor in Lokeren. Private Limited, started on 13 December 2019, 1 establishment.

What is the address of Twin Connection?

The registered office of Twin Connection is located at Eksaardsedam 104 box 101, 9160 Lokeren.

Is Twin Connection still active?

Yes. According to the CBE (30 September 2026) Twin Connection is active, legal situation “Normale toestand”, started on 13 December 2019.

Is Twin Connection registered on Peppol?

Yes, Twin Connection is registered on the Peppol network with ID 0208:0739596195.

What is the enterprise number of Twin Connection?

The enterprise number of Twin Connection is BE0739596195.

When was Twin Connection founded?

Twin Connection was founded on 13 December 2019.

Is Twin Connection a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 13 December 2019; 4 annual accounts filed, latest fiscal year 2024.

How much profit did Twin Connection make in 2024?

Twin Connection posted a profit after taxes of € 157,515 in financial year 2024.

What is the revenue of Twin Connection?

As a small company, Twin Connection is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 618,205.

Twin Connection (Private Limited) - Lokeren

Dossier Twin Connection, printed on 30 September 2026 from databakkes.be/en/0739596195/twin-connection. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2024

Twin Connection from Lokeren, company number BE0739596195, closed financial year 2024 with a result of € 157,515 after tax. For that financial year Twin Connection recorded a gross margin of € 618,205 and equity of € 217,544. Compared with financial year 2023, the result moved from € -7,592 to € 157,515. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on November 30, 2025.

What it is worth Growing

€ 217,544

▲ 99% vs 2023

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

Profit Growing

€ 157,515

▲ still € 7,592 loss in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 223,697

▲ 155% vs 2023

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

Where the profit goes Pays out

€ 49,412 paid out

31 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2024

Wage cost

€ 394,055

▲ 43% vs 2023

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

€ 64,891

▼ 51% vs 2023

Of which on lease € 62,436.

Debts at end 2024

Bank debt ≈ 3 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.

€ 81,006

▼ 34% vs 2023

€ 30,852 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 238,332

▲ 35% vs 2023

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

Taxes and wages

€ 29,617

▼ 28% vs 2023

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 52,013 Gross margin 2021: € 52,013 First fiscal year in the series	€ 140,063 Gross margin 2022: € 140,063 ▲ 169% vs 2021 (€ 52,013) Favourable step	€ 322,769 Gross margin 2023: € 322,769 ▲ 130% vs 2022 (€ 140,063) Favourable step	€ 618,205 Gross margin 2024: € 618,205 ▲ 92% vs 2023 (€ 322,769) Favourable step	▲ 92%
Profit after taxes	€ 26,229 Profit after taxes 2021: € 26,229 First fiscal year in the series	€ 49,903 Profit after taxes 2022: € 49,903 ▲ 90% vs 2021 (€ 26,229) Favourable step	€ -7,592 Profit after taxes 2023: € -7,592 ▼ € 57,495 vs 2022 (€ 49,903) Unfavourable step	€ 157,515 Profit after taxes 2024: € 157,515 ▲ € 165,107 vs 2023 (€ -7,592) Favourable step	▲ € 165,107
Equity	€ 67,130 Equity 2021: € 67,130 First fiscal year in the series	€ 117,033 Equity 2022: € 117,033 ▲ 74% vs 2021 (€ 67,130) Favourable step	€ 109,440 Equity 2023: € 109,440 ▼ 6% vs 2022 (€ 117,033) Unfavourable step	€ 217,544 Equity 2024: € 217,544 ▲ 99% vs 2023 (€ 109,440) Favourable step	▲ 99%
Total debts	€ 86,184 Total debts 2021: € 86,184 First fiscal year in the series	€ 220,048 Total debts 2022: € 220,048 ▲ 155% vs 2021 (€ 86,184) Unfavourable step	€ 341,060 Total debts 2023: € 341,060 ▲ 55% vs 2022 (€ 220,048) Unfavourable step	€ 390,956 Total debts 2024: € 390,956 ▲ 15% vs 2023 (€ 341,060) Unfavourable step	▲ 15%
Cash	€ 57,933 Cash 2021: € 57,933 First fiscal year in the series	€ 72,692 Cash 2022: € 72,692 ▲ 25% vs 2021 (€ 57,933) Favourable step	€ 87,853 Cash 2023: € 87,853 ▲ 21% vs 2022 (€ 72,692) Favourable step	€ 223,697 Cash 2024: € 223,697 ▲ 155% vs 2023 (€ 87,853) Favourable step	▲ 155%
Retained profit	€ 62,130 Retained profit 2021: € 62,130 First fiscal year in the series	€ 112,033 Retained profit 2022: € 112,033 ▲ 80% vs 2021 (€ 62,130) Favourable step	€ 104,440 Retained profit 2023: € 104,440 ▼ 7% vs 2022 (€ 112,033) Unfavourable step	€ 212,544 Retained profit 2024: € 212,544 ▲ 104% vs 2023 (€ 104,440) Favourable step	▲ 104%
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	€ 49,412 Dividend 2024: € 49,412 Unchanged (€ 0) Unchanged
Bank debt	€ 58,144 Bank debt 2021: € 58,144 First fiscal year in the series	€ 90,671 Bank debt 2022: € 90,671 ▲ 56% vs 2021 (€ 58,144) Unfavourable step	€ 123,040 Bank debt 2023: € 123,040 ▲ 36% vs 2022 (€ 90,671) Unfavourable step	€ 81,006 Bank debt 2024: € 81,006 ▼ 34% vs 2023 (€ 123,040) Favourable step	▼ 34%
Balance sheet total	€ 153,313 Balance sheet total 2021: € 153,313 First fiscal year in the series	€ 337,080 Balance sheet total 2022: € 337,080 ▲ 120% vs 2021 (€ 153,313) Unchanged	€ 450,500 Balance sheet total 2023: € 450,500 ▲ 34% vs 2022 (€ 337,080) Unchanged	€ 608,499 Balance sheet total 2024: € 608,499 ▲ 35% vs 2023 (€ 450,500) Unchanged	▲ 35%

Key figures of Twin Connection, 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 Twin Connection?

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

Nov 30, 2025 New annual accounts for financial year 2024: profit of € 157,515. filed late Source: NBB ↗
Dec 13, 2019 New establishment in Lokeren. KBO
Dec 13, 2019 Start of the company according to the CBE. KBO

In short

From € 26,229 profit in 2021 to € 157,515 profit in 2024.

Paid € 16,403 in corporate taxes since 2021.

Best year ever: 2024, with € 157,515 profit.

Paid out € 49,412 in dividends to the owners in total.

Original PDFs at the National Bank ↗

A new publication or filing at Twin Connection? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Establishments

Establishment units

Physical locations of this company

Registered office

Eksaardsedam 104 box 101

9160 Lokeren

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

Details

Company number

0739.596.195

VAT number

BE 0739.596.195

Registered office

Eksaardsedam 104 bus 101, 9160 Lokeren

Names & denominations

Twin Connection

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

13 December 2019

Peppol

Active · Active since 6 Dec 2025

Contact

[email protected] 0496912299

Activities · NACE

Bouw van civieltechnische werken voor elektriciteit en telecommunicatie

Algemene elektrotechnische installatiewerken

Bouwrijp maken van terreinen

Bouw van water- en gasdistributienetten

View on CBE Public ↗ Annual accounts (NBB) ↗