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 2 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2024; threshold 65 %.
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Late annual account NBB
Fiscal year 2024 was filed 292 days after the legal deadline.
Financials
Financial year 2024
Twinturbo Motors from Sint-Gillis-Waas, company number BE0795689515, closed financial year 2024 with a result of € 22,952 after tax. For that financial year Twinturbo Motors recorded revenue of € 1.3 million and equity of € -81,654. Compared with financial year 2023, the result moved from € -106,605 to € 22,952. 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 May 19, 2026.
€ -81,654
▲ € 22,952 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 22,952
▲ still € 106,605 loss in 2023
Profit after tax over the fiscal year.
€ 14,894
▲ € 12,339 vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -83,654.
People and assets in 2024
€ 22,000
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 733,436
▲ 102% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 19,456
▲ 204% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Revenue | - | € 1,342,614 | |
| Gross margin | € -104,731 | € 44,000 | ▲ € 148,731 |
| Profit after taxes | € -106,605 | € 22,952 | ▲ € 129,557 |
| Equity | € -104,605 | € -81,654 | ▲ € 22,952 |
| Total debts | € 411,639 | € 820,722 | ▲ 99% |
| Cash | € 2,555 | € 14,894 | ▲ € 12,339 |
| Retained profit | € -106,605 | € -83,654 | ▲ € 22,952 |
| Balance sheet total | € 307,034 | € 739,069 | ▲ 141% |
Key figures of Twinturbo Motors, fiscal years 2023 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 Twinturbo Motors?
What happened at Twinturbo Motors in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 22,952. filed late Source: NBB ↗
- New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
- Start of the company according to the CBE. KBO
In short
From € 106,605 loss in 2023 to € 22,952 profit in 2024.
Best year ever: 2024, with € 22,952 profit.
A new publication or filing at Twinturbo Motors? We notify you, reason included.
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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
Establishments
Establishment units
Physical locations of this company
Kluizenhof(SGW) 28
9170 Sint-Gillis-Waas
Heirbaan 167 box 0.0
2070 Beveren-Kruibeke-Zwijndrecht
Active since 3 January 2023
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
Hostinger Mail
Hosting
AS-HOSTINGER, CY
Website info
Features
Security
Network
Details
- Company number
- 0795.689.515
- VAT number
- BE 0795.689.515
- Registered office
- Kluizenhof(SGW) 28, 9170 Sint-Gillis-Waas
- Names & denominations
- Twinturbo Motors
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 January 2023
- Peppol
- Active · Active since 15 Dec 2025
- Contact
- twinturbo-motors.be
- Activities · NACE
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
Handelsbemiddeling in de groothandel in andere specifieke goederen
Overige posterijen en koeriers
Andere vervoerondersteunende activiteiten
Postdiensten in het kader van de universele dienstverplichting
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Overige zakelijke dienstverlening, neg
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