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 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 62 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Twin-Technics from Lokeren, company number BE0760919765, closed financial year 2025 with a result of € 21,503 after tax. For that financial year Twin-Technics recorded a gross margin of € 147,524 and equity of € -34,639. Compared with financial year 2024, the result moved from € -13,697 to € 21,503. Profitable, and profit is growing. 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 August 31, 2026.
€ -34,639
▲ € 21,503 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,503
▲ still € 13,697 loss in 2024
Profit after tax over the fiscal year.
€ 26,726
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -49,639.
People and assets in 2025
€ 102,524
▲ € 78,544 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.
€ 10,341
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 194,866
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,802
▼ 26% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 210,375 | € 110,269 | € 26,256 | € 147,524 | ▲ € 121,268 |
| Profit after taxes | € 20,199 | € -76,472 | € -13,697 | € 21,503 | ▲ € 35,200 |
| Equity | € 34,027 | € -42,445 | € -56,142 | € -34,639 | ▲ € 21,503 |
| Total debts | € 456,293 | € 602,194 | € 265,820 | € 240,121 | ▼ 10% |
| Cash | € 3,943 | € 2,308 | € 70,251 | € 26,726 | ▼ 62% |
| Retained profit | € 19,027 | € -57,445 | € -71,142 | € -49,639 | ▲ € 21,503 |
| Bank debt | € 315,184 | € 164,403 | € 0 | € 0 | |
| Balance sheet total | € 490,320 | € 559,749 | € 209,678 | € 205,482 | ▼ 2% |
By gross margin, Twin-Technics ranks 38th of 74 companies with main activity “Bouwrijp maken van terreinen” in Lokeren that publish figures (fiscal year 2025).
Key figures of Twin-Technics, 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.
Ask about Twin-Technics the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to Twin-Technics?
What happened at Twin-Technics in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 21,503. filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Lokeren. KBO
- Sezgin Mergen became a director. NBB
- Sezer Mergen became a director. NBB
In short
From € 20,199 profit in 2022 to € 21,503 profit in 2025.
Paid € 33,164 in corporate taxes since 2022.
Best year ever: 2025, with € 21,503 profit.
Management
Behind Twin-Technics are Sezgin Mergen and Sezer Mergen.
Directors
According to the 2025 annual accounts
Sezgin Mergen
Director
since 2021
Sezer Mergen
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Beertenstraat 8 box A
9160 Lokeren
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.
Similar companies in Lokeren
Same main activity (Bouwrijp maken van terreinen), 95 active companies in Lokeren, largest first.
€ 22.2 million revenue · 2025
€ 14.5 million revenue · 2026
€ 9.3 million gross margin · 2025
€ 5 million gross margin · 2025
€ 3.9 million gross margin · 2025
€ 3.5 million gross margin · 2025
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Mergen Sezer(oprichter) 50%
- Mergen Sezgin(oprichter) 50%
Details
- Company number
- 0760.919.765
- VAT number
- BE 0760.919.765
- Registered office
- Beertenstraat 8 bus A, 9160 Lokeren
- Names & denominations
- Twin-Technics
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 January 2021
- Peppol
- Active · Active since 30 Oct 2023
- Activities · NACE
Bouwrijp maken van terreinen
Overige werkzaamheden in verband met de afwerking van gebouwen
Overige bouwinstallatie
Overige bouwinstallatie, n.e.g.