ACTIVE

TWELVE

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Financial year 2025 · closed on 31/12/2025

Net result

16,9 k €

+246.0% YoY

Gross margin

182 k €

+17.5% YoY

Equity

216,5 k €

+8.5% YoY

Workforce

2,2 ETP

+4.8% YoY

What does TWELVE do?

TWELVE is a Private company with limited liability incorporated in 1998. Its main activity is: Computer consultancy activities. Its registered office is in Brugge. It employs on average 2,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0463.407.701

Incorporation

19/05/1998

Legal form

Private company with limited liability

Registered office

Vogelzangdreef 9
8200 Brugge · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Average workforce

2,2 ETP

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities 74855Other professional, scientific and technical activities 46500Wholesale of information and communication equipment 46660Wholesale of other office machinery and equipment 47400Retail sale of information and communication equipment in specialised stores+10

Joint committees (1)

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	182 k €	+17.5%	154,9 k €	+1.0%	153,4 k €	+59.6%	96,1 k €	+51.3%	63,5 k €	-13.3%	73,3 k €	-36.6%	115,5 k €	+45.0%	79,7 k €	+30.3%	61,2 k €	-36.8%	96,7 k €	+19.2%	81,2 k €	-12.2%	92,4 k €	-25.4%	123,9 k €	-2.0%	126,5 k €	+59.2%	79,5 k €	-10.0%	88,3 k €	+90.3%	46,4 k €	-17.5%	56,3 k €	+3.2%	54,5 k €
EBITDA	49,7 k €	+23.4%	40,2 k €	-10.8%	45,1 k €	+70.6%	26,4 k €	+632%	-5 k €	-136%	13,8 k €	-70.7%	47,1 k €	+272%	12,6 k €	+5306%	-242,9 €	-101%	45,2 k €	+53.0%	29,6 k €	+659%	-5,3 k €	-123%	23,3 k €	-24.1%	30,7 k €	-17.5%	37,2 k €	-25.8%	50,2 k €	+9.8%	45,7 k €	-17.9%	55,7 k €	+3.6%	53,8 k €
Operating result	26,8 k €	+241%	7,9 k €	-62.5%	21 k €	+766%	2,4 k €	+108%	-28,5 k €	-825%	3,9 k €	-87.9%	32,5 k €	+945%	3,1 k €	+129%	-10,8 k €	-134%	31,8 k €	+89.5%	16,8 k €	+193%	-18 k €	-21.4%	-14,8 k €	-116%	-6,8 k €	-285%	3,7 k €	-80.6%	19 k €	+11.4%	17,1 k €	-65.0%	48,8 k €	+4.7%	46,6 k €
Net result	16,9 k €	+246%	4,9 k €	-91.2%	55,5 k €	+3121%	1,7 k €	+105%	-35 k €	-3956%	906,9 €	-96.5%	26,1 k €	+554%	4 k €	+139%	-10,1 k €	-140%	25,3 k €	+34.1%	18,9 k €	+205%	-17,9 k €	-25.1%	-14,3 k €	-89.9%	-7,5 k €	-471%	2 k €	-86.7%	15,3 k €	+4.6%	14,6 k €	-66.2%	43,1 k €	+5.6%	40,9 k €
Balance sheet
Equity	216,5 k €	+8.5%	199,6 k €	-9.2%	219,7 k €	+15.9%	189,5 k €	+8.0%	175,4 k €	-16.6%	210,4 k €	+0.4%	209,4 k €	+14.2%	183,4 k €	+2.2%	179,4 k €	-5.3%	189,5 k €	+15.4%	164,2 k €	+12.3%	146,2 k €	-10.9%	164,2 k €	-8.0%	178,5 k €	-4.1%	186 k €	+1.1%	184 k €	+9.0%	168,7 k €	+9.5%	154,1 k €	+25.3%	123 k €
Total assets	346,2 k €	+7.7%	321,5 k €	-31.7%	470,6 k €	+40.9%	333,9 k €	-5.5%	353,4 k €	-5.0%	371,9 k €	-6.3%	396,8 k €	+86.2%	213,2 k €	-0.8%	214,8 k €	-13.6%	248,6 k €	+4.5%	237,9 k €	+5.4%	225,8 k €	-5.6%	239,2 k €	-0.2%	239,6 k €	-5.5%	253,6 k €	+10.6%	229,4 k €	-21.6%	292,6 k €	+50.7%	194,2 k €	+17.9%	164,6 k €
Cash	28,7 k €	+17.8%	24,4 k €	+3.5%	23,6 k €	+445%	4,3 k €	-53.2%	9,2 k €	+7.1%	8,6 k €	+238%	2,5 k €	-8.0%	2,8 k €	-38.0%	4,5 k €	-90.4%	46,4 k €	+4152%	1,1 k €	+393%	221,4 €	-97.5%	8,7 k €	-20.8%	11 k €	-58.1%	26,2 k €	+33431%	78,2 €	-99.7%	26,1 k €	-55.3%	58,4 k €	+87.8%	31,1 k €
Debts	125,9 k €	+5.2%	119,7 k €	-10.6%	133,9 k €	-6.5%	143,1 k €	-19.6%	178 k €	+10.2%	161,5 k €	-13.8%	187,4 k €	+530%	29,8 k €	-13.2%	34,3 k €	-40.6%	57,7 k €	-20.8%	72,9 k €	+3.6%	70,4 k €	-5.0%	74 k €	+23.1%	60,1 k €	-6.9%	64,6 k €	+49.1%	43,3 k €	-64.7%	122,5 k €	+220%	38,3 k €	-6.0%	40,8 k €
Other
Workforce	2,2 ETP	+4.8%	2,1 ETP	0.0%	2,1 ETP	+61.5%	1,3 ETP		–		–		–		–		–		–		1,0 ETP	-47.4%	1,9 ETP	-5.0%	2,0 ETP	0.0%	2,0 ETP	+100%	1,0 ETP	+25.0%	0,8 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 · 2 active · 4 ended

Active mandates

Joris Landuyt

Director

Active

Jozef Landuyt

Director

Active

Ended mandates

JORIS DE HEER LANDUYT

Director

Ended

JORIS DE HEER LANDUYT

Manager

Ended

JOZEF DE HEER LANDUYT

Director

Ended

JOZEF DE HEER LANDUYT

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged 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	22/07/2026	10/07/2025	23/07/2024	18/07/2023	31/08/2022	30/08/2021
General meeting	30/06/2026	20/06/2025	30/06/2024	20/06/2023	30/06/2022	25/08/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	22/07/2026	Dutch	PDF
Abridged model	31/12/2024	20/06/2025	10/07/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	23/07/2024	Dutch	PDF
Abridged model	31/12/2022	20/06/2023	18/07/2023	Dutch	PDF
Micro model	31/12/2021	30/06/2022	31/08/2022	Dutch	PDF
Micro model	31/12/2020	25/08/2021	30/08/2021	Dutch	PDF
Micro model	31/12/2019	04/09/2020	18/09/2020	Dutch	PDF
Micro model	31/12/2018	31/08/2019	31/08/2019	Dutch	PDF
Micro model	31/12/2017	31/08/2018	31/08/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	28/07/2017	Dutch	PDF
Abridged model	31/12/2015	25/06/2016	27/07/2016	Dutch	PDF
Abridged model	31/12/2014	27/06/2015	20/07/2015	Dutch	PDF
Abridged model	31/12/2013	28/06/2014	22/07/2014	Dutch	PDF
Abridged model	31/12/2012	29/06/2013	17/07/2013	Dutch	PDF
Abridged model	31/12/2011	12/05/2012	09/07/2012	Dutch	PDF
Abridged model	31/12/2010	29/06/2011	04/08/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	23/08/2010	Dutch	PDF
Abridged model	31/12/2008	09/05/2009	30/07/2009	Dutch	PDF
Abridged model	31/12/2007	23/08/2008	12/09/2008	Dutch	PDF
Abridged model	31/12/2006	15/09/2007	28/09/2007	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 · 2 active · 4 ended

Active mandates

Joris Landuyt

Director

Active

Jozef Landuyt

Director

Active

Ended mandates

JORIS DE HEER LANDUYT

Director

Ended

JORIS DE HEER LANDUYT

Manager

Ended

JOZEF DE HEER LANDUYT

Director

Ended

JOZEF DE HEER LANDUYT

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring28/11/2023
DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring05/09/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
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 202516,9 k €↑
2024
Annual accounts 20244,9 k €↓
2023
Annual accounts 202355,5 k €↑
2022
Annual accounts 20221,7 k €↑
2021
Annual accounts 2021-35 k €↓
2020
Annual accounts 2020906,9 €↓
2019
Annual accounts 201926,1 k €↑
2018
Annual accounts 20184 k €↑
2017
Annual accounts 2017-10,1 k €↓
2016
Annual accounts 201625,3 k €↑
2015
Annual accounts 201518,9 k €↑
2014
Annual accounts 2014-17,9 k €↓
2013
Annual accounts 2013-14,3 k €↓
2012
Annual accounts 2012-7,5 k €↓
2011
Annual accounts 20112 k €↓
2010
Annual accounts 201015,3 k €↑
2009
Annual accounts 200914,6 k €↓
2008
Annual accounts 200843,1 k €↑
2007
Annual accounts 200740,9 k €
19/05/1998
IncorporationPrivate company with limited liability

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

TWELVE

Overview

What does TWELVE do?

Trend over 19 financial years

Indicative valuation

Board of directors

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