ACTIVE

TW-STUDIO

Financial year 2024 · closed on 31/12/2024
Net result
200,6 k €
+862.3% YoY
Gross margin
456,8 k €
+69.6% YoY
Equity
187,4 k €
+37.0% YoY
Workforce
3,0 ETP
+7.1% YoY

What does TW-STUDIO do?

TW-STUDIO is a Private limited company incorporated in 2015. Its main activity is: Wholesale of furniture, carpets and lighting equipment. Its registered office is in Balen. It employs on average 3,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0568.456.523
Incorporation
05/01/2015
Legal form
Private limited company
Registered office
Steenweg Op Leopoldsburg 28 box 2
2490 Balen · FlandreSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2024
Average workforce
3,0 ETP
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2024202320222021202020192018201720162015
Income statement
Gross margin456,8 k €269,3 k €187,7 k €60,9 k €-12,2 k €-12,4 k €-11,4 k €-24,2 k €-47,2 k €-77 k €
EBITDA216,4 k €29,4 k €187,2 k €60,4 k €-12,7 k €-12,9 k €-12,1 k €-24,4 k €-47,5 k €-77,3 k €
Operating result216,4 k €29,4 k €187,2 k €60,4 k €-12,7 k €-12,9 k €-12,1 k €-24,4 k €-47,5 k €-77,3 k €
Net result200,6 k €20,9 k €172,4 k €56,5 k €-13,4 k €-18,5 k €-22,4 k €-28,9 k €-52,3 k €-77,5 k €
Balance sheet
Equity187,4 k €136,7 k €115,9 k €-56,5 k €-113 k €-99,6 k €-81,2 k €-58,7 k €-29,8 k €22,5 k €
Total assets1,3 M €542,6 k €658 k €131,5 k €3,4 k €5,8 k €138,8 k €61,2 k €68,6 k €50,3 k €
Cash478,5 €97,4 k €2,8 k €1,3 k €266,8 €480,7 €988,6 €5,9 k €18,3 k €33,4 k €
Debts1,2 M €405,9 k €542,1 k €188 k €116,4 k €105,4 k €220 k €119,9 k €98,4 k €27,8 k €
Other
Workforce3,0 ETP2,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 4 ended

Active mandates

STUDIO K

Director · 0862.074.830

Represented by Kristof Legein

Active

Ended mandates

STUDIO K

Manager · 0862.074.830

Represented by Kristof Legein

Ended
STUDIO K

Director · 0862.074.830

Represented by Kristof Legein

Ended
STUDIO K

Manager · 0862.074.830

Represented by Kristof Legein

Ended
STUDIO K

Director · 0862.074.830

Represented by Kristof Legein

Ended
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Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date20/08/202526/08/202431/07/202329/08/202210/08/202101/09/2020
General meeting10/06/202508/06/202408/06/202308/06/202208/06/202108/06/2020
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202410/06/202520/08/2025DutchPDF
Abridged model31/12/202308/06/202426/08/2024DutchPDF
Abridged model31/12/202208/06/202331/07/2023DutchPDF
Abridged model31/12/202108/06/202229/08/2022DutchPDF
Abridged model31/12/202008/06/202110/08/2021DutchPDF
Abridged model31/12/201908/06/202001/09/2020DutchPDF
Abridged model31/12/201808/06/201920/08/2019DutchPDF
Abridged model31/12/201708/06/201809/07/2018DutchPDF
Abridged model31/12/201608/06/201723/06/2017DutchPDF
Abridged model31/12/201508/06/201613/06/2016DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 4 ended

Active mandates

STUDIO K

Director · 0862.074.830

Represented by Kristof Legein

Active

Ended mandates

STUDIO K

Manager · 0862.074.830

Represented by Kristof Legein

Ended
STUDIO K

Director · 0862.074.830

Represented by Kristof Legein

Ended
STUDIO K

Manager · 0862.074.830

Represented by Kristof Legein

Ended
STUDIO K

Director · 0862.074.830

Represented by Kristof Legein

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office04/05/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates22/04/2026
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Registered office18/10/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other19/01/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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. 2024
    Annual accounts 2024200,6 k €
  2. 2023
    Annual accounts 202320,9 k €
  3. 2022
    Annual accounts 2022172,4 k €
  4. 2021
    Annual accounts 202156,5 k €
  5. 2020
    Annual accounts 2020-13,4 k €
  6. 2019
    Annual accounts 2019-18,5 k €
  7. 2018
    Annual accounts 2018-22,4 k €
  8. 2017
    Annual accounts 2017-28,9 k €
  9. 2016
    Annual accounts 2016-52,3 k €
  10. 2015
    Annual accounts 2015-77,5 k €
  11. 05/01/2015
    IncorporationPrivate limited company