NORMAL SITUATION

TWISTFARE

Financial year 2025 · closed on 04/11/2025
Net result
20,7 k €
+158.7% YoY
Gross margin
47,8 k €
-46.0% YoY
Equity
0 €
-100.0% YoY
Workforce
0,3 ETP
-70.0% YoY

Company — Normal situation.

What does TWISTFARE do?

TWISTFARE is a company registered in Belgium. It employs on average 0,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0650.920.280
Legal form
Private limited company
Contributed capital
0,00 €
Latest accounts
04/11/2025
Average workforce
0,3 ETP
Joint committees (1)
  • 200
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202520242023202220212020201920182017
Income statement
Gross margin47,8 k €88,6 k €144,1 k €86,3 k €100,2 k €75,2 k €68,7 k €85 k €100,2 k €186,4 k €
EBITDA21,1 k €-33,4 k €28,4 k €-20,9 k €5,3 k €26,8 k €7,1 k €13,3 k €10,5 k €96,6 k €
Operating result21,1 k €-34,5 k €27,5 k €-21 k €5,3 k €26,8 k €5,1 k €9,2 k €-145,2 €82,2 k €
Net result20,7 k €-35,3 k €23,7 k €-21,6 k €1,8 k €17,3 k €1,5 k €4 k €-1,8 k €51,7 k €
Balance sheet
Equity0 €37,3 k €72,6 k €49 k €70,6 k €68,8 k €51,5 k €50 k €46 k €47,8 k €
Total assets4,9 k €203,7 k €245 k €238,2 k €280,2 k €240,8 k €214,6 k €236,8 k €232,6 k €253,3 k €
Cash0 €159,4 k €209,1 k €201,3 k €255,9 k €199,2 k €185,8 k €188,4 k €192 k €193,4 k €
Debts4,9 k €166,4 k €172,4 k €189,3 k €209,6 k €172 k €163,1 k €186,8 k €186,6 k €205,5 k €
Other
Workforce0,3 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP
Governance

Board of directors

Seen on filing of 04/11/2025 · 2 active · 8 ended

Active mandates

Chantal Jansegers

Director · since 06 novembre 2023

Active
FERINI - De Langhe

Director · since 01 novembre 2017 · 0648.866.751

Represented by Hanne De Langhe

Active

Ended mandates

FERINI - De Langhe

Manager · since 01 novembre 2017 · 0648.866.751

Ended
FERINI - De Langhe

Manager · since 01 novembre 2017 · 0648.866.751

Ended
FERINI - De Langhe

Director · since 01 novembre 2017 · 0648.866.751

Represented by Rob DE LANGHE

Ended
FERINI - De Langhe

Director · since 01 novembre 2017 · 0648.866.751

Represented by Robrecht De Langhe

Ended
Annual accounts

Full financial information

202520252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202501/07/202401/07/202301/07/202201/07/202101/07/2020
Closing of the financial year04/11/202530/06/202530/06/202430/06/202330/06/202230/06/2021
Length of the financial year5 months12 months12 months12 months12 months12 months
Filing date20/02/202625/09/202531/01/202530/01/202431/01/202310/02/2022
General meeting04/11/202516/09/202518/12/202420/12/202321/12/202215/12/2021
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 model04/11/202504/11/202520/02/2026DutchPDF
Abridged model30/06/202516/09/202525/09/2025DutchPDF
Abridged model30/06/202418/12/202431/01/2025DutchPDF
Abridged model30/06/202320/12/202330/01/2024DutchPDF
Abridged model30/06/202221/12/202231/01/2023DutchPDF
Abridged model30/06/202115/12/202110/02/2022DutchPDF
Abridged model30/06/202016/12/202030/01/2021DutchPDF
Micro model30/06/201918/12/201920/12/2019DutchPDF
Micro model30/06/201819/12/201803/01/2019DutchPDF
Micro model30/06/201720/12/201721/12/2017DutchPDF
Estimate

Indicative valuation

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 04/11/2025 · 2 active · 8 ended

Active mandates

Chantal Jansegers

Director · since 06 novembre 2023

Active
FERINI - De Langhe

Director · since 01 novembre 2017 · 0648.866.751

Represented by Hanne De Langhe

Active

Ended mandates

FERINI - De Langhe

Manager · since 01 novembre 2017 · 0648.866.751

Ended
FERINI - De Langhe

Manager · since 01 novembre 2017 · 0648.866.751

Ended
FERINI - De Langhe

Director · since 01 novembre 2017 · 0648.866.751

Represented by Rob DE LANGHE

Ended
FERINI - De Langhe

Director · since 01 novembre 2017 · 0648.866.751

Represented by Robrecht De Langhe

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution28/11/2025
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/11/2023
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates10/12/2020
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates28/11/2017
    ONTSLAGEN - BENOEMINGEN
    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. 2025
    Annual accounts 202520,7 k €
  2. 2025
    Annual accounts 2025-35,3 k €
  3. 2025
    Name changeTwistfare in vereffening
  4. 2024
    Annual accounts 202423,7 k €
  5. 2023
    Annual accounts 2023-21,6 k €
  6. 2022
    Annual accounts 20221,8 k €
  7. 2022
    Name changeTwistfare
  8. 2021
    Annual accounts 202117,3 k €
  9. 2020
    Annual accounts 20201,5 k €
  10. 2019
    Annual accounts 20194 k €
  11. 2018
    Annual accounts 2018-1,8 k €
  12. 2017
    Annual accounts 201751,7 k €