What does TW Electrics do?

TW Electrics is an electrical contractor in Herzele. Private Limited, started on 4 August 2023, 1 establishment.

What is the address of TW Electrics?

The registered office of TW Electrics is located at Kouterveldlaan 73, 9550 Herzele.

Is TW Electrics still active?

Yes. According to the CBE (2 November 2026) TW Electrics is active, legal situation “Normale toestand”, started on 4 August 2023.

Is TW Electrics registered on Peppol?

Yes, TW Electrics is registered on the Peppol network with ID 0208:0804572933.

What is the enterprise number of TW Electrics?

The enterprise number of TW Electrics is BE0804572933.

When was TW Electrics founded?

TW Electrics was founded on 4 August 2023.

Is TW Electrics a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 4 August 2023; 3 annual accounts filed, latest fiscal year 2025; 1 events from the Belgian Official Gazette processed.

How much profit did TW Electrics make in 2025?

TW Electrics posted a profit after taxes of € 41,341 in financial year 2025.

What is the revenue of TW Electrics?

As a small company, TW Electrics is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 63,999.

TW Electrics (Private Limited) - Herzele - BE0804572933

Dossier TW Electrics, printed on 2 November 2026 from databakkes.be/en/0804572933/tw-electrics. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

TW Electrics from Herzele, company number BE0804572933, closed financial year 2025 with a result of € 41,341 after tax. For that financial year TW Electrics recorded a gross margin of € 63,999 and equity of € 85,543. Compared with financial year 2024, the result moved from € 18,347 to € 41,341. 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 August 24, 2026.

What it is worth Growing

€ 85,543

▲ 94% vs 2024

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

Profit Growing

€ 41,341

▲ 125% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 37,344

▲ 35% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 81,543.

People and assets in 2025

Vehicles and equipment

€ 12,471

▼ 24% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 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.

€ 9,893

▼ 32% vs 2024

€ 4,675 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 8,776

▲ € 6,750 vs 2024

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

Taxes and wages

€ 14,506

▲ 20% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 30,563 Gross margin 2023: € 30,563 First fiscal year in the series	€ 29,836 Gross margin 2024: € 29,836 ▼ 2% vs 2023 (€ 30,563) Unfavourable step	€ 63,999 Gross margin 2025: € 63,999 ▲ 115% vs 2024 (€ 29,836) Favourable step	▲ 115%
Profit after taxes	€ 21,856 Profit after taxes 2023: € 21,856 First fiscal year in the series	€ 18,347 Profit after taxes 2024: € 18,347 ▼ 16% vs 2023 (€ 21,856) Unfavourable step	€ 41,341 Profit after taxes 2025: € 41,341 ▲ 125% vs 2024 (€ 18,347) Favourable step	▲ 125%
Equity	€ 25,856 Equity 2023: € 25,856 First fiscal year in the series	€ 44,203 Equity 2024: € 44,203 ▲ 71% vs 2023 (€ 25,856) Favourable step	€ 85,543 Equity 2025: € 85,543 ▲ 94% vs 2024 (€ 44,203) Favourable step	▲ 94%
Total debts	€ 39,311 Total debts 2023: € 39,311 First fiscal year in the series	€ 36,762 Total debts 2024: € 36,762 ▼ 6% vs 2023 (€ 39,311) Favourable step	€ 61,775 Total debts 2025: € 61,775 ▲ 68% vs 2024 (€ 36,762) Unfavourable step	▲ 68%
Cash	€ 27,042 Cash 2023: € 27,042 First fiscal year in the series	€ 27,712 Cash 2024: € 27,712 ▲ 2% vs 2023 (€ 27,042) Favourable step	€ 37,344 Cash 2025: € 37,344 ▲ 35% vs 2024 (€ 27,712) Favourable step	▲ 35%
Land & buildings	€ 2,445 Land & buildings 2023: € 2,445 First fiscal year in the series	€ 2,190 Land & buildings 2024: € 2,190 ▼ 10% vs 2023 (€ 2,445) Unchanged	€ 1,935 Land & buildings 2025: € 1,935 ▼ 12% vs 2024 (€ 2,190) Unchanged	▼ 12%
Retained profit	€ 21,856 Retained profit 2023: € 21,856 First fiscal year in the series	€ 40,203 Retained profit 2024: € 40,203 ▲ 84% vs 2023 (€ 21,856) Favourable step	€ 81,543 Retained profit 2025: € 81,543 ▲ 103% vs 2024 (€ 40,203) Favourable step	▲ 103%
Bank debt	€ 19,243 Bank debt 2023: € 19,243 First fiscal year in the series	€ 14,568 Bank debt 2024: € 14,568 ▼ 24% vs 2023 (€ 19,243) Favourable step	€ 9,893 Bank debt 2025: € 9,893 ▼ 32% vs 2024 (€ 14,568) Favourable step	▼ 32%
Balance sheet total	€ 65,166 Balance sheet total 2023: € 65,166 First fiscal year in the series	€ 80,964 Balance sheet total 2024: € 80,964 ▲ 24% vs 2023 (€ 65,166) Unchanged	€ 147,318 Balance sheet total 2025: € 147,318 ▲ 82% vs 2024 (€ 80,964) Unchanged	▲ 82%

Key figures of TW Electrics, fiscal years 2023 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 TW Electrics?

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

Aug 24, 2026 New annual accounts for financial year 2025: profit of € 41,341 (▲ 125% vs 2024). filed late Source: NBB ↗
Aug 8, 2023 Incorporation, published in the Gazette. Source: Staatsblad ↗
Aug 4, 2023 New establishment in Herzele. KBO

In short

From € 21,856 profit in 2023 to € 41,341 profit in 2025.

Paid € 24,596 in corporate taxes since 2023.

Best year ever: 2025, with € 41,341 profit.

Original PDFs at the National Bank ↗

Establishments

Establishment units

Physical locations of this company

Registered office

Kouterveldlaan 73

9550 Herzele

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

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

8 August 2023 Source: Deed ↗

WIJNENDAELE Timo Hilde Georges(oprichter) 100%

Details

Company number: 0804.572.933
VAT number: BE 0804.572.933
Registered office: Kouterveldlaan 73, 9550 Herzele
Names & denominations: TW Electrics
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 4 August 2023
Peppol: Active · Active since 25 Aug 2023
Activities · NACE: Algemene elektrotechnische installatiewerken

View on CBE Public ↗ Annual accounts (NBB) ↗

TW Electrics