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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
T.W. Concept from Izegem, company number BE0748887807, closed financial year 2025 with a result of € -1,622 after tax. For that financial year T.W. Concept recorded a gross margin of € -1,386 and equity of € -10,342. Compared with financial year 2024, the result moved from € -355 to € -1,622. 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 July 9, 2026.
€ -10,342
▼ € 1,622 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,622
▼ 357 % more loss than in 2024
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -20,342.
Debts at end 2025
€ 54
Loans from banks and other lenders, long and short.
€ 1,393
▲ 71% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -9,722 | € -1,190 | € 12 | € -1,386 | ▼ € 1,398 |
| Profit after taxes | € -15,824 | € -3,600 | € -355 | € -1,622 | ▼ € 1,267 |
| Equity | € -4,766 | € -8,365 | € -8,720 | € -10,342 | ▼ € 1,622 |
| Total debts | € 22,358 | € 11,096 | € 8,825 | € 10,444 | ▲ 18% |
| Cash | € 4,843 | € 1,019 | € 3 | € 0 | ▼ 100% |
| Retained profit | € -14,766 | € -18,365 | € -18,720 | € -20,342 | ▼ € 1,622 |
| Bank debt | € 11,224 | € 2,348 | € 0 | € 54 | |
| Balance sheet total | € 17,592 | € 2,731 | € 105 | € 102 | ▼ 3% |
Key figures of T.W. Concept, 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 T.W. Concept?
What happened at T.W. Concept in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,622. Source: NBB ↗
- New establishment in Izegem. KBO
- Domein Ter Wallen became a director. NBB
- VTH INVEST became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 15,824 loss in 2022 to € 1,622 loss in 2025.
Management
Behind T.W. Concept are Domein Ter Wallen and VTH INVEST. VTH INVEST is also behind Book'u.
Directors
According to the 2025 annual accounts
Director · represented by Vansteenkiste Laurence Stéphane Christine Marc
since 2020
since 2020
Establishments
Establishment units
Physical locations of this company
Kortrijksestraat 59
8870 Izegem
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
terwallen.com
Registered
2019-03-12
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2027-03-12
Website info
Features
Security
Details
- Company number
- 0748.887.807
- VAT number
- BE 0748.887.807
- Registered office
- Kortrijksestraat 59, 8870 Izegem
- Names & denominations
- T.W. Concept
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 June 2020
- Peppol
- Active · Active since 31 Oct 2023
- Contact
- terwallen.com
- Activities · NACE
Cafés en bars
Cateringdiensten op contractbasis en overige diensten in verband met maaltijden
Overige eetgelegenheden