ACTIVE

TWENTHE GROUP

Financial year 2025 · closed on 31/12/2025
Net result
-14,6 k €
-1141.6% YoY
Gross margin
115,9 k €
+15.6% YoY
Equity
518,2 k €
-2.7% YoY

What does TWENTHE GROUP do?

TWENTHE GROUP is a Public limited company incorporated in 1961. Its main activity is: Wholesale of textiles. Its registered office is in Deerlijk.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0405.669.539
Incorporation
28/02/1961
Legal form
Public limited company
Registered office
De Spijker 1
8540 Deerlijk · FlandreSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 218
Signals
Positive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin115,9 k €100,3 k €104,2 k €158,8 k €237,1 k €304,5 k €343 k €320,7 k €365,4 k €294,2 k €179,9 k €399 k €256,6 k €364,8 k €492,8 k €349 k €448,9 k €717,9 k €748,4 k €840,3 k €
EBITDA70,5 k €65,8 k €64,8 k €101,9 k €176,5 k €104,6 k €86,7 k €78,1 k €117 k €-71,7 k €-196,6 k €-18,7 k €-119 k €-2 k €81,5 k €-28,7 k €1,4 k €255,9 k €289,7 k €435,4 k €
Operating result26,1 k €30 k €20,8 k €49,4 k €133,4 k €76,4 k €45 k €50 k €78,6 k €-72 k €-216,6 k €-51,5 k €-199,9 k €-11 k €46,2 k €-30,7 k €116,1 k €236,8 k €208,6 k €134,8 k €
Net result-14,6 k €1,4 k €3,9 k €34,9 k €110,1 k €57,1 k €87,3 k €13,1 k €51,9 k €-114,3 k €-56,7 k €-90,9 k €-150,2 k €73,1 k €5,2 k €-92,7 k €42,6 k €93,8 k €67 k €59,1 k €
Balance sheet
Equity518,2 k €532,9 k €532,3 k €529,3 k €495,2 k €385,9 k €328,7 k €241,4 k €222,5 k €161,6 k €275,9 k €932,7 k €1 M €1,2 M €1,1 M €1,1 M €1,2 M €1,1 M €1,1 M €484,8 k €
Total assets2,4 M €1,5 M €799,2 k €965,4 k €932,4 k €955,8 k €1,2 M €1,1 M €1,2 M €1,2 M €1,3 M €1,7 M €1,9 M €2,2 M €2,4 M €2,6 M €2,6 M €3 M €2,9 M €3 M €
Cash7,6 k €3,6 k €6,1 k €132,4 k €42,1 k €98,4 k €34,7 k €26,7 k €18,1 k €31,1 k €206,4 k €49,4 k €58,4 k €78,8 k €48,1 k €32,6 k €117,1 k €7,7 k €10,1 k €19,2 k €
Debts1,9 M €981,4 k €266,9 k €436,2 k €437,2 k €569,9 k €895,3 k €801,8 k €923,7 k €928,6 k €957,3 k €729,3 k €843,8 k €1 M €1,3 M €1,5 M €1,3 M €1,7 M €1,7 M €2,4 M €
Other
Workforce5,6 ETP6,2 ETP6,0 ETP7,6 ETP8,2 ETP8,8 ETP8,8 ETP7,8 ETP9,0 ETP10,8 ETP10,8 ETP10,0 ETP10,0 ETP10,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 11 ended

Active mandates

Geert Parmentier

Managing director · since 15 juin 2022 · until 15 juin 2028

Active
Katelijne Dejaeger

Director · since 15 juin 2022 · until 15 juin 2028

Active

Ended mandates

Geert PARMENTIER

Managing director · since 15 juin 2017 · until 15 juin 2022

Ended
Katelijne DEJAEGER

Director · since 22 septembre 2016 · until 22 septembre 2022

Ended
Helmut KUHNL

Managing director · since 01 mai 2015 · until 22 septembre 2016

Ended
Helmut KUHNL

Managing director · since 01 mai 2015 · until 01 mai 2021

Ended
At this address

Other companies at this address

CompanyCBE no.
Twenthe GroupActive
0716.768.632
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/08/202629/08/202530/08/202431/08/202330/08/202231/08/2021
General meeting15/06/202615/06/202516/06/202415/06/202315/06/202215/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202515/06/202628/08/2026DutchPDF
Micro model31/12/202415/06/202529/08/2025DutchPDF
Micro model31/12/202316/06/202430/08/2024DutchPDF
Micro model31/12/202215/06/202331/08/2023DutchPDF
Abridged model31/12/202115/06/202230/08/2022DutchPDF
Abridged model31/12/202015/06/202131/08/2021DutchPDF
Abridged model31/12/201915/06/202031/08/2020DutchPDF
Abridged model31/12/201815/06/201917/07/2019DutchPDF
Abridged model31/12/201715/06/201826/06/2018DutchPDF
Abridged model31/12/201615/06/201731/08/2017DutchPDF
Abridged model31/12/201516/06/201629/08/2016DutchPDF
Abridged model31/12/201428/04/201502/06/2015DutchPDF
Abridged model31/12/201317/06/201401/07/2014DutchPDF
Abridged model31/12/201203/04/201311/07/2013DutchPDF
Abridged model31/12/201104/04/201221/05/2012DutchPDF
Abridged model31/12/201016/06/201119/07/2011DutchPDF
Abridged model31/12/200919/05/201010/06/2010DutchPDF
Abridged model31/12/200814/05/200926/06/2009DutchPDF
Abridged model31/12/200719/06/200820/08/2008DutchPDF
Abridged model31/12/200621/06/200727/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 11 ended

Active mandates

Geert Parmentier

Managing director · since 15 juin 2022 · until 15 juin 2028

Active
Katelijne Dejaeger

Director · since 15 juin 2022 · until 15 juin 2028

Active

Ended mandates

Geert PARMENTIER

Managing director · since 15 juin 2017 · until 15 juin 2022

Ended
Katelijne DEJAEGER

Director · since 22 septembre 2016 · until 22 septembre 2022

Ended
Helmut KUHNL

Managing director · since 01 mai 2015 · until 22 septembre 2016

Ended
Helmut KUHNL

Managing director · since 01 mai 2015 · until 01 mai 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office18/08/2026
    ZETEL
    PDF
  • Other05/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - DOEL
    PDF
  • Mandates01/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/12/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/11/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office25/04/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares16/10/2015
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates06/10/2015
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-14,6 k €
  2. 2024
    Annual accounts 20241,4 k €
  3. 2023
    Annual accounts 20233,9 k €
  4. 2022
    Annual accounts 202234,9 k €
  5. 2021
    Annual accounts 2021110,1 k €
  6. 2020
    Annual accounts 202057,1 k €
  7. 2019
    Annual accounts 201987,3 k €
  8. 2018
    Annual accounts 201813,1 k €
  9. 2017
    Annual accounts 201751,9 k €
  10. 2016
    Annual accounts 2016-114,3 k €
  11. 2015
    Annual accounts 2015-56,7 k €
  12. 2014
    Annual accounts 2014-90,9 k €
  13. 2013
    Annual accounts 2013-150,2 k €
  14. 2012
    Annual accounts 201273,1 k €
  15. 2011
    Annual accounts 20115,2 k €
  16. 2010
    Annual accounts 2010-92,7 k €
  17. 2009
    Annual accounts 200942,6 k €
  18. 2008
    Annual accounts 200893,8 k €
  19. 2007
    Annual accounts 200767 k €
  20. 2006
    Annual accounts 200659,1 k €
  21. 28/02/1961
    IncorporationPublic limited company