ACTIVE

TWERK

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Financial year 2025 · closed on 31/12/2025

Net result

43 k €

-72.7% YoY

Gross margin

1,4 M €

+1.4% YoY

Equity

348,3 k €

+5.8% YoY

Workforce

30,2 ETP

+9.4% YoY

What does TWERK do?

TWERK is a Non-profit organization incorporated in 1992. Its main activity is: Manufacture of ice cream. Its registered office is in Herentals. It employs on average 30,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0447.553.545

Incorporation

04/05/1992

Legal form

Non-profit organization

Registered office

Collegestraat(HRT) 16
2200 Herentals · FlandreSee on map

Latest accounts

31/12/2025

Average workforce

30,2 ETP

Activities (NACE)

10520Manufacture of ice cream· main 10520Manufacture of ice cream 15520Manufacture of leather and related products 88993Other social work activities without accommodation n.e.c.88995Other social work activities without accommodation n.e.c.10820Manufacture of cocoa, chocolate and sugar confectionery+11

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	1,4 M €	+1.4%	1,4 M €	+16.8%	1,2 M €	+16.8%	1 M €	+3.8%	992,8 k €	+16.4%	852,7 k €	-1.6%	866,9 k €	+13.5%	764 k €	+9.2%	699,4 k €	+10.1%	635,1 k €	-14.4%	741,7 k €	+20.4%	616 k €	+7.8%	571,5 k €	+23.7%	462,2 k €	-5.0%	486,7 k €		–		519,5 k €
EBITDA	174,7 k €	-37.2%	278,2 k €	+106%	135 k €	+209%	43,7 k €	-80.7%	226,2 k €	-6.2%	241,1 k €	+159%	93,2 k €	+13.5%	82,1 k €	+526%	-19,2 k €	-147%	40,9 k €	-7.5%	44,3 k €	-27.8%	61,3 k €	-10.7%	68,6 k €	+298%	-34,6 k €	-242%	24,4 k €	+106%	-433,1 k €	-843%	58,3 k €
Operating result	88,6 k €	-55.4%	198,7 k €	+355%	43,7 k €	+169%	-63,3 k €	-153%	119,7 k €	-20.5%	150,6 k €	+4948%	-3,1 k €	+20.0%	-3,9 k €	+95.0%	-77,4 k €	-917%	-7,6 k €	-65.3%	-4,6 k €	-128%	16,5 k €	-2.4%	16,9 k €	+124%	-69,2 k €	-1229%	-5,2 k €	+98.8%	-433,1 k €	-1473%	31,5 k €
Net result	43 k €	-72.7%	157,8 k €	+1371%	10,7 k €	+114%	-78 k €	-183%	93,9 k €	-28.0%	130,3 k €	+620%	-25 k €	-30.4%	-19,2 k €	-117%	111,4 k €	+362%	-42,5 k €	+77.6%	-190,2 k €	-1100%	-15,8 k €	-50.7%	-10,5 k €	+79.7%	-51,7 k €	-52.4%	-33,9 k €	+92.2%	-433,1 k €	-2313%	19,6 k €
Balance sheet
Equity	348,3 k €	+5.8%	329,2 k €	+57.5%	209 k €	-0.5%	210,1 k €	-34.9%	322,9 k €	+26.4%	255,5 k €	+130%	111,3 k €	-3.5%	115,3 k €	+29.7%	88,9 k €	-48.6%	173,1 k €	-23.9%	227,3 k €	-7.3%	245,3 k €	-7.0%	263,9 k €	+131%	114,1 k €	-0.5%	114,7 k €	-58.7%	277,4 k €	+73.4%	160 k €
Total assets	1,9 M €	+0.3%	1,9 M €	+18.1%	1,6 M €	+5.1%	1,5 M €	+1.7%	1,5 M €	+2.4%	1,5 M €	+3.9%	1,4 M €	+6.6%	1,3 M €	+17.5%	1,1 M €	-21.7%	1,4 M €	+1.8%	1,4 M €	+28.8%	1,1 M €	-2.2%	1,1 M €	+37.2%	810,5 k €	+20.4%	673,3 k €	-12.6%	770 k €	+2.7%	749,7 k €
Cash	524,1 k €	+4.7%	500,4 k €	+93.5%	258,6 k €	+21.9%	212,2 k €	-8.5%	231,8 k €	+27.6%	181,6 k €	+62.0%	112,1 k €	+97.2%	56,9 k €	-39.5%	93,9 k €	+1620%	5,5 k €	-87.4%	43,3 k €	+1.7%	42,6 k €	+70.6%	24,9 k €	-42.3%	43,2 k €	+46.3%	29,5 k €	-67.5%	90,8 k €	+499%	15,2 k €
Debts	1,4 M €	-3.0%	1,5 M €	+11.5%	1,3 M €	+5.0%	1,3 M €	+13.3%	1,1 M €	-1.1%	1,1 M €	-9.3%	1,3 M €	+5.4%	1,2 M €	+30.6%	912 k €	-25.9%	1,2 M €	+6.3%	1,2 M €	+37.5%	842,1 k €	-0.7%	848,1 k €	+22.2%	694 k €	+24.3%	558,6 k €	+13.6%	491,5 k €	-16.6%	589,5 k €
Other
Workforce	30,2 ETP	+9.4%	27,6 ETP	-5.2%	29,1 ETP	+5.4%	27,6 ETP	+6.2%	26,0 ETP	-7.1%	28,0 ETP	+4.5%	26,8 ETP	+15.5%	23,2 ETP	+8.4%	21,4 ETP	+7.0%	20,0 ETP	-7.8%	21,7 ETP	-2.3%	22,2 ETP	+14.4%	19,4 ETP	+4.3%	18,6 ETP	-0.5%	18,7 ETP	0.0%	18,7 ETP	-13.8%	21,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 23 ended

Active mandates

Dirk Heylen

Mandate

Active

Eric De Belder

Mandate

Active

Katty Geeraerts

Mandate

Active

Margot Lembrechts

Mandate

Active

Rudi Van Houdt

Mandate

Active

Steven Claes

Mandate

Active

Ended mandates

Eric De Belder

Director · since 18 juin 2019

Ended

Margot Lembrechts

Director · since 18 juin 2019

Ended

Rudi Van Houdt

Director · since 18 juin 2019

Ended

Senne Draulans

Director · since 18 juin 2019

Ended

At this address

Other companies at this address

Company	CBE no.
Deelvereniging van mede-eigenaars Ateliers TWERK te 2200 Herentals, Collegestraat 16● Active	0673.817.725
Hoofdvereniging van mede-eigenaars Complex Collegestraat 12-14-16, Herentals te 2200 Herentals, Collegestraat 12-14-16● Active	0673.896.513
Twerk Vrienden● Liquidation	0458.384.485
Twonen● Active	0632.746.143

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	11/06/2026	21/10/2025	26/06/2024	27/08/2023	03/07/2022	30/07/2021
General meeting	12/05/2026	30/06/2025	24/06/2024	26/06/2023	28/06/2022	25/05/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	12/05/2026	11/06/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	21/10/2025	Dutch	PDF
Abridged model	31/12/2023	24/06/2024	26/06/2024	Dutch	PDF
Abridged model	31/12/2022	26/06/2023	27/08/2023	Dutch	PDF
Abridged model	31/12/2021	28/06/2022	03/07/2022	Dutch	PDF
Abridged model	31/12/2020	25/05/2021	30/07/2021	Dutch	PDF
Abridged model	31/12/2019	25/05/2020	26/05/2020	Dutch	PDF
Abridged model	31/12/2018	13/05/2019	06/06/2019	Dutch	PDF
Abridged model	31/12/2017	13/06/2018	21/06/2018	Dutch	PDF
Abridged model	31/12/2016	15/05/2017	20/07/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	29/09/2016	Dutch	PDF
Abridged model	31/12/2014	06/05/2015	07/09/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	24/07/2014	Dutch	PDF
Abridged model	31/12/2012	11/06/2013	12/03/2014	Dutch	PDF
Abridged model	31/12/2011	07/05/2012	13/06/2013	Dutch	PDF
Abridged model	31/12/2010	20/06/2011	06/07/2012	Dutch	PDF
Abridged model	31/12/2009	20/06/2010	06/07/2012	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 6 active · 23 ended

Active mandates

Dirk Heylen

Mandate

Active

Eric De Belder

Mandate

Active

Katty Geeraerts

Mandate

Active

Margot Lembrechts

Mandate

Active

Rudi Van Houdt

Mandate

Active

Steven Claes

Mandate

Active

Ended mandates

Eric De Belder

Director · since 18 juin 2019

Ended

Margot Lembrechts

Director · since 18 juin 2019

Ended

Rudi Van Houdt

Director · since 18 juin 2019

Ended

Senne Draulans

Director · since 18 juin 2019

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other14/07/2026
—
PDF
Mandates11/06/2024
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates19/08/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/09/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/07/2018
ONTSLAGEN - BENOEMINGEN
PDF
Registered office26/07/2017
MAATSCHAPPELIJKE ZETEL - DOEL
PDF
Mandates29/06/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/05/2014
BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

2025
Annual accounts 202543 k €↓
2024
Annual accounts 2024157,8 k €↑
2023
Annual accounts 202310,7 k €↑
2022
Annual accounts 2022-78 k €↓
2021
Annual accounts 202193,9 k €↓
2020
Annual accounts 2020130,3 k €↑
2019
Annual accounts 2019-25 k €↓
2018
Annual accounts 2018-19,2 k €↓
2017
Annual accounts 2017111,4 k €↑
2016
Annual accounts 2016-42,5 k €↑
2015
Annual accounts 2015-190,2 k €↓
2014
Annual accounts 2014-15,8 k €↓
2013
Annual accounts 2013-10,5 k €↑
2012
Annual accounts 2012-51,7 k €↓
2011
Annual accounts 2011-33,9 k €↑
2010
Annual accounts 2010-433,1 k €↓
2009
Annual accounts 200919,6 k €
04/05/1992
IncorporationNon-profit organization

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

TWERK

Overview

What does TWERK do?

Trend over 17 financial years

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