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 2 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 36 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TWSM Europe from Antwerpen, company number BE0776454910, closed financial year 2025 with a result of € -573 after tax. For that financial year TWSM Europe recorded a gross margin of € 5,297 and equity of € -17,702. Compared with financial year 2024, the result moved from € -32,885 to € -573. 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 June 25, 2026.
€ -17,702
▼ € 573 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -573
▲ 98 % less loss than in 2024
Profit after tax over the fiscal year.
€ 19,314
▲ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -37,702.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 37,119
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 112,276
▲ € 111,682 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,572
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 605 | € -2,641 | € -32,365 | € 5,297 | ▲ € 37,662 |
| Profit after taxes | € -743 | € -3,501 | € -32,885 | € -573 | ▲ € 32,312 |
| Equity | € 19,257 | € 15,755 | € -17,129 | € -17,702 | ▼ € 573 |
| Total debts | € 2,541 | € 2,962 | € 213,740 | € 129,470 | ▼ 39% |
| Cash | € 20,056 | € 18,340 | € 18,764 | € 19,314 | ▲ 3% |
| Retained profit | € -743 | € -4,245 | € -37,129 | € -37,702 | ▼ € 573 |
| Balance sheet total | € 21,798 | € 18,717 | € 196,611 | € 111,767 | ▼ 43% |
Key figures of TWSM Europe, 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 TWSM Europe?
What happened at TWSM Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 573. Source: NBB ↗
- Koen Meukens became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 743 loss in 2022 to € 573 loss in 2025.
Paid € 38 in corporate taxes since 2022.
Management
Behind TWSM Europe is Koen Meukens. Koen Meukens is also behind GenR8.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Hof ter Schriecklaan 70
2600 Antwerpen
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
- 0776.454.910
- VAT number
- BE 0776.454.910
- Registered office
- Hof ter Schriecklaan 70, 2600 Antwerpen
- Names & denominations
- TWSM Europe
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 October 2021
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Groothandel in reinigingsmiddelen