TWINS
0460.644.387 · rovalta.com · 24/09/2026
ACTIVE
TWINS
Financial year 2025 · closed on 31/12/2025
Net result
-26,6 k €
-634.0% YoY
Gross margin
6,3 k €
-91.9% YoY
Equity
-263,1 k €
-11.3% YoY
Overview
What does TWINS do?
TWINS is a Private limited company incorporated in 1997. Its registered office is in Gistel.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0460.644.387
Incorporation
14/05/1997
Legal form
Private limited company
Registered office
Leegstraat 50
8470 Gistel · FlandreSee on map
8470 Gistel · FlandreSee on map
Contributed capital
123 946,76 €
Latest accounts
31/12/2025
Joint committees (1)
- 118
Signals
Positive cashflowPositive EBITDA
Available with a Rovalta subscriptionTry for 7 days
Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 6,3 k € | -91.9% | 78,1 k € | +114% | 36,5 k € | +98.7% | 18,4 k € | -17.9% | 22,4 k € | -69.9% | 74,2 k € | -47.7% | 141,9 k € | +538% | 22,2 k € | -82.1% | 124,5 k € | +0.7% | 123,6 k € | -10.6% | 138,3 k € | +47.6% | 93,6 k € | +46.9% | 63,7 k € | -13.5% | 73,7 k € | +22.9% | 59,9 k € | -13.1% | 68,9 k € | +217% | 21,7 k € | +168% | -31,9 k € | -110% | -15,2 k € | -115% | 103,4 k € |
| EBITDA | 4,5 k € | -94.0% | 74,4 k € | +113% | 34,9 k € | +109% | 16,7 k € | -15.4% | 19,8 k € | -72.7% | 72,5 k € | -47.6% | 138,4 k € | +1340% | 9,6 k € | -92.1% | 121,4 k € | +0.4% | 120,9 k € | -3.8% | 125,6 k € | +35.2% | 93 k € | +53.9% | 60,4 k € | -16.8% | 72,6 k € | +23.0% | 59 k € | -6.8% | 63,3 k € | +242% | 18,5 k € | +140% | -45,7 k € | +65.5% | -132,4 k € | -116% | -61,3 k € |
| Operating result | -23,5 k € | -263% | 14,4 k € | -58.8% | 34,9 k € | +109% | 16,7 k € | -15.4% | 19,8 k € | -72.7% | 72,5 k € | -47.6% | 138,4 k € | +1104% | -13,8 k € | -114% | 97,9 k € | +0.8% | 97,1 k € | -4.4% | 101,6 k € | +35.6% | 75 k € | +75.1% | 42,8 k € | -28.4% | 59,8 k € | +80.6% | 33,1 k € | -12.3% | 37,7 k € | +642% | 5,1 k € | +110% | -51,6 k € | +64.3% | -144,3 k € | -10.6% | -130,4 k € |
| Net result | -26,6 k € | -634% | 5 k € | -75.8% | 20,6 k € | +340% | 4,7 k € | -28.3% | 6,5 k € | -87.9% | 54 k € | -59.9% | 134,7 k € | +886% | -17,1 k € | -118% | 94,9 k € | +1.3% | 93,8 k € | -3.8% | 97,4 k € | +12.9% | 86,3 k € | +70.8% | 50,5 k € | -28.0% | 70,1 k € | +102% | 34,7 k € | -17.8% | 42,2 k € | +304% | 10,4 k € | +125% | -42,2 k € | +46.1% | -78,3 k € | +49.7% | -155,5 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | -263,1 k € | -11.3% | -236,5 k € | +2.1% | -241,5 k € | +7.9% | -262 k € | +1.8% | -266,7 k € | +2.4% | -273,2 k € | +16.5% | -327,2 k € | +29.2% | -461,9 k € | -3.9% | -444,7 k € | +17.6% | -539,7 k € | +14.8% | -633,4 k € | +13.3% | -730,9 k € | +10.6% | -817,1 k € | +5.8% | -867,6 k € | +7.5% | -937,8 k € | +3.6% | -972,5 k € | +4.2% | -1 M € | +1.0% | -1 M € | -4.3% | -983 k € | -8.7% | -904,7 k € |
| Total assets | 20,3 k € | -60.7% | 51,6 k € | +7487% | 680,5 € | +530% | 108 € | -90.2% | 1,1 k € | -90.8% | 11,9 k € | +143% | 4,9 k € | -84.2% | 31 k € | -44.5% | 55,9 k € | -37.5% | 89,4 k € | -24.3% | 118,1 k € | +64.0% | 72 k € | -19.9% | 89,9 k € | +119% | 41 k € | -47.7% | 78,3 k € | -30.3% | 112,3 k € | -32.3% | 166 k € | -31.9% | 243,9 k € | -21.0% | 308,8 k € | -59.0% | 753,1 k € |
| Cash | 218,2 € | -99.4% | 34,3 k € | +5337% | 630,5 € | +683% | 80,5 € | -92.4% | 1,1 k € | -84.2% | 6,7 k € | +701% | 840,2 € | -86.4% | 6,2 k € | -31.0% | 8,9 k € | -50.4% | 18 k € | -19.4% | 22,3 k € | +148% | 9 k € | +78.0% | 5,1 k € | +133% | 2,2 k € | -65.1% | 6,2 k € | +143% | 2,6 k € | -90.5% | 27 k € | -85.5% | 185,8 k € | -36.9% | 294,6 k € | +20556% | 1,4 k € |
| Debts | 283,4 k € | +7.7% | 263,1 k € | +8.7% | 242,1 k € | -7.6% | 262,1 k € | -2.1% | 267,8 k € | -6.1% | 285,1 k € | -14.1% | 331,9 k € | -32.7% | 492,9 k € | -1.5% | 500,6 k € | -20.4% | 629 k € | -16.3% | 751,5 k € | -6.4% | 802,5 k € | -11.5% | 906,8 k € | -0.2% | 908,6 k € | -10.6% | 1 M € | -6.3% | 1,1 M € | -8.2% | 1,2 M € | -7.0% | 1,3 M € | -0.7% | 1,3 M € | -22.9% | 1,7 M € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 2,2 ETP | -42.1% | 3,8 ETP | ||||||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 11 ended
Active mandates
Ken Vanden Broele
ActiveEnded mandates
Ken Vanden Broele
EndedKen Vanden Broele
EndedArlette Berghman
EndedArlette Berghman
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
CIRCULAR COMPANY VDB● Active | 1018.286.303 |
G-FORCE RECYCLING● Active | 0715.709.748 |
TerraMet● Active | 1023.559.143 |
WASTE MANAGEMENT● Active | 0555.883.739 |
Financials
Annual accounts
Full financial information
| 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 | 31/08/2026 | 05/08/2025 | 31/07/2024 | 31/08/2023 | 31/08/2022 | 29/07/2021 |
| General meeting | 30/06/2026 | 30/06/2025 | 30/06/2024 | 27/06/2023 | 31/07/2022 | 29/06/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 30/06/2026 | 31/08/2026 | Dutch | |
| Micro model | 31/12/2024 | 30/06/2025 | 05/08/2025 | Dutch | |
| Micro model | 31/12/2023 | 30/06/2024 | 31/07/2024 | Dutch | |
| Micro model | 31/12/2022 | 27/06/2023 | 31/08/2023 | Dutch | |
| Micro model | 31/12/2021 | 31/07/2022 | 31/08/2022 | Dutch | |
| Micro model | 31/12/2020 | 29/06/2021 | 29/07/2021 | Dutch | |
| Micro model | 31/12/2019 | 30/06/2020 | 28/07/2020 | Dutch | |
| Micro model | 31/12/2018 | 25/06/2019 | 23/07/2019 | Dutch | |
| Micro model | 31/12/2017 | 26/06/2018 | 20/07/2018 | Dutch | |
| Micro model | 31/12/2016 | 30/06/2017 | 25/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 28/06/2016 | 22/07/2016 | Dutch | |
| Abridged model | 31/12/2014 | 30/06/2015 | 14/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 24/06/2014 | 28/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 25/06/2013 | 09/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 26/06/2012 | 30/07/2012 | Dutch | |
| Abridged model | 31/12/2010 | 28/06/2011 | 22/08/2011 | Dutch | |
| Abridged model | 31/12/2009 | 29/06/2010 | 30/09/2010 | Dutch | |
| Abridged model | 31/12/2008 | 30/06/2009 | 30/09/2009 | Dutch | |
| Abridged model | 31/12/2007 | 24/06/2008 | 24/06/2008 | Dutch | |
| Abridged model | 31/12/2006 | 27/06/2007 | 02/07/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 k€ and 250 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 11 ended
Active mandates
Ken Vanden Broele
ActiveEnded mandates
Ken Vanden Broele
EndedKen Vanden Broele
EndedArlette Berghman
EndedArlette Berghman
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates30/10/2025STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
- Registered office27/01/2015MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
- Mandates25/05/2009MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Registered office23/09/2008BENAMING - MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-26,6 k €↓
- 2024Annual accounts 20245 k €↓
- 2023Annual accounts 202320,6 k €↑
- 2022Annual accounts 20224,7 k €↓
- 2021Annual accounts 20216,5 k €↓
- 2020Annual accounts 202054 k €↓
- 2019Annual accounts 2019134,7 k €↑
- 2018Annual accounts 2018-17,1 k €↓
- 2017Annual accounts 201794,9 k €↑
- 2016Annual accounts 201693,8 k €↓
- 2015Annual accounts 201597,4 k €↑
- 2014Annual accounts 201486,3 k €↑
- 2013Annual accounts 201350,5 k €↓
- 2012Annual accounts 201270,1 k €↑
- 2011Annual accounts 201134,7 k €↓
- 2010Annual accounts 201042,2 k €↑
- 2009Annual accounts 200910,4 k €↑
- 2008Annual accounts 2008-42,2 k €↑
- 2007Annual accounts 2007-78,3 k €↑
- 2006Annual accounts 2006-155,5 k €
- 14/05/1997IncorporationPrivate limited company