ACTIVE

TWIGA

Financial year 2025 · Closed on 31/12/2025

Net result737 k €+7,6 %over 1 year

Gross margin1,3 M €+21,2 %over 1 year

Equity7,9 M €+7,6 %over 1 year

Identity

Source · BCE/KBO

TWIGA is a Public limited company incorporated in 1989. Its main activity is: Management of real estate on a fee or contract basis. Its registered office is in Kortrijk.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0436.639.659
Incorporation: 25/01/1989
Legal form: Public limited company
Registered office: Grote Markt(Kor) 35 box 33
8500 Kortrijk · FlandreSee on map
Contributed capital: 4 840 993,21 €
Latest accounts: 31/12/2025

Activities (NACE)

68321Management of real estate on a fee or contract basis· main 68322Management of real estate on a fee or contract basis 74879Other professional, scientific and technical activities 82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 14 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,3 M €	+21.2%	1,1 M €	+122%	488,7 k €	+7.6%	454,1 k €	-23.5%	593,5 k €
EBITDA	1,1 M €	+13.1%	1 M €	+147%	407,2 k €	+5.5%	385,9 k €	-27.6%	533 k €
Operating result	980,1 k €	+13.9%	860,5 k €	+224%	265,3 k €	+9.3%	242,6 k €	-38.3%	392,9 k €
Net result	737 k €	+7.6%	684,7 k €	+277%	181,5 k €	+16.6%	155,7 k €	-37.3%	248,5 k €
Balance sheet
Equity	7,9 M €	+7.6%	7,4 M €	+8.0%	6,8 M €	-0.4%	6,9 M €	-0.6%	6,9 M €
Total assets	9,3 M €	+8.0%	8,6 M €	+10.0%	7,8 M €	-1.1%	7,9 M €	-0.5%	7,9 M €
Cash	776,5 k €	+345%	174,4 k €	-19.5%	216,6 k €	-89.8%	2,1 M €	-1.2%	2,2 M €
Debts	764,2 k €	-9.6%	845,7 k €	+9.4%	772,9 k €	-8.4%	843,9 k €	+0.0%	843,6 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Katty Snepvangers	Managing director26/05/2021 → 26/06/2030
Micheline Snepvangers	Managing director24/04/2018 → 26/06/2030Director28/04/2006 → 2019 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Leslie Basyn	Managing director27/04/2012 → 2019 accounts
Basijn Leslie	Managing director27/04/2012 → 2013 accounts
Snepvangers Guido	Managing director27/04/2012 → 2013 accounts

Other companies at this address

Grote Markt(Kor) 35 8500 Kortrijk

Company	CBE no.
TORECO● Active	0473.553.406

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/07/2026	04/07/2025	23/08/2024	12/07/2023	20/07/2022	01/06/2021
General meeting	30/06/2026	30/06/2025	20/08/2024	30/06/2023	30/06/2022	31/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	09/07/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	04/07/2025	Dutch	PDF
Micro model	31/12/2023	20/08/2024	23/08/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	12/07/2023	Dutch	PDF
Micro model	31/12/2021	30/06/2022	20/07/2022	Dutch	PDF
Micro model	31/12/2020	31/05/2021	01/06/2021	Dutch	PDF
Micro model	31/12/2019	28/08/2020	08/09/2020	Dutch	PDF
Micro model	31/12/2018	12/06/2019	26/06/2019	Dutch	PDF
Micro model	31/12/2017	27/04/2018	03/05/2018	Dutch	PDF
Micro model	31/12/2016	28/04/2017	17/05/2017	Dutch	PDF
Abridged model	31/12/2015	22/04/2016	27/05/2016	Dutch	PDF
Abridged model	31/12/2014	11/07/2015	18/08/2015	Dutch	PDF
Abridged model	31/12/2013	25/04/2014	29/04/2014	Dutch	PDF
Abridged model	31/12/2012	26/04/2013	16/05/2013	Dutch	PDF
Abridged model	31/12/2011	27/04/2012	22/05/2012	Dutch	PDF
Abridged model	31/12/2010	22/04/2011	12/05/2011	Dutch	PDF
Abridged model	31/12/2009	23/04/2010	11/05/2010	Dutch	PDF
Abridged model	31/12/2008	24/04/2009	14/05/2009	Dutch	PDF
Abridged model	31/12/2007	25/04/2008	23/05/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	31/05/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Katty Snepvangers	Managing director26/05/2021 → 26/06/2030
Micheline Snepvangers	Managing director24/04/2018 → 26/06/2030Director28/04/2006 → 2019 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Leslie Basyn	Managing director27/04/2012 → 2019 accounts
Basijn Leslie	Managing director27/04/2012 → 2013 accounts
Snepvangers Guido	Managing director27/04/2012 → 2013 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other28/06/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates24/05/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other21/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - ALGEMENE VERGADERING
PDF
Mandates22/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/03/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/06/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/07/2015
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares05/02/2014
KAPITAAL - AANDELEN
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings14 filings

Mandates

Micheline Snepvangers

Katty Snepvangers

Leslie Basyn

Snepvangers Guido

Snepvangers Guy

Basijn Leslie

198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030

TWIGA

Grote Markt(Kor) 35 bte 33, 8500 Kortrijk

Managing directorDirector

Managing director

Managing directorDirector

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Grote Markt(Kor) 35 bte 33, 8500 KortrijkCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00272304

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
TWIGACurrent	accounts 2010 → 2025	Accounts 2025 · 2026-00272304

Events

2025
Annual accounts 2025737 k €↑
2024
Annual accounts 2024684,7 k €↑
2023
Annual accounts 2023181,5 k €↑
2022
Annual accounts 2022155,7 k €↓
2021
Annual accounts 2021248,5 k €↑
2018
Annual accounts 2018136,7 k €↓
2017
Annual accounts 2017212,1 k €↑
2016
Annual accounts 2016151 k €↓
2015
Annual accounts 2015261,9 k €↑
2014
Annual accounts 2014223 k €↓
2013
Annual accounts 2013244,1 k €↓
2012
Annual accounts 2012317,4 k €↓
2011
Annual accounts 2011319,8 k €↑
2010
Annual accounts 2010219,9 k €
25/01/1989
IncorporationPublic limited company

TWIGA

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events