ACTIVE

TwinnTax

Financial year 2025 · closed on 31/12/2025
Net result
1,6 M €
+94.2% YoY
Gross margin
2,2 M €
+86.7% YoY
Equity
2,2 M €
+290.9% YoY
Workforce
4,0 ETP
-20.0% YoY

What does TwinnTax do?

TwinnTax is a Private limited company incorporated in 2019. Its main activity is: Computer programming activities. Its registered office is in Ixelles. It employs on average 4,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0736.391.138
Incorporation
15/10/2019
Legal form
Private limited company
Registered office
Avenue Arnaud Fraiteur 15/23
1050 Ixelles · BruxellesSee on map
Contributed capital
217 000,00 €
Latest accounts
31/12/2025
Average workforce
4,0 ETP
Contacts
3 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin2,2 M €1,2 M €551,7 k €210,2 k €-24,8 k €41,1 k €-35,6 k €
EBITDA1,9 M €971 k €408,9 k €137,3 k €-63,9 k €20,2 k €-39,4 k €
Operating result1,9 M €914,8 k €392,7 k €113 k €-82,4 k €20,1 k €-39,4 k €
Net result1,6 M €828,3 k €283,8 k €108 k €-79,9 k €20,1 k €-39,4 k €
Balance sheet
Equity2,2 M €552,9 k €434,6 k €250,1 k €145,2 k €213,1 k €162,6 k €
Total assets2,4 M €1,3 M €791,2 k €527 k €265 k €375 k €182,1 k €
Cash1,8 M €354,2 k €70,7 k €228,8 k €45,5 k €159,6 k €174,1 k €
Debts269,9 k €663,6 k €354 k €276,8 k €119,8 k €93,9 k €19,5 k €
Other
Workforce4,0 ETP5,0 ETP2,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 1 ended

Active mandates

LA MAISON ECOLOGIQUE

Director · since 03 novembre 2025 · 0862.444.123

Represented by Olivier DAXHELET

Active
OLIVIER DAXHELET

Director · until 03 novembre 2025

Active

Ended mandates

OLIVIER DAXHELET

Director

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/07/202630/07/202528/06/202428/07/202325/08/202222/06/2021
General meeting15/07/202627/06/202504/06/202419/06/202307/06/202201/06/2021
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/07/202616/07/2026FrenchPDF
Abridged model31/12/202427/06/202530/07/2025FrenchPDF
Abridged model31/12/202304/06/202428/06/2024FrenchPDF
Micro model31/12/202219/06/202328/07/2023FrenchPDF
Micro model31/12/202107/06/202225/08/2022FrenchPDF
Micro model31/12/202001/06/202122/06/2021FrenchPDF
Micro model31/12/201902/06/202022/12/2020FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 31/12/2025 · 2 active · 1 ended

Active mandates

LA MAISON ECOLOGIQUE

Director · since 03 novembre 2025 · 0862.444.123

Represented by Olivier DAXHELET

Active
OLIVIER DAXHELET

Director · until 03 novembre 2025

Active

Ended mandates

OLIVIER DAXHELET

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/12/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Other28/11/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Other06/11/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates09/02/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION - SIEGE SOCIAL
    PDF
  • Capital / shares30/12/2019
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Capital / shares30/12/2019
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Other17/10/2019
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 20251,6 M €
  2. 2024
    Annual accounts 2024828,3 k €
  3. 2023
    Annual accounts 2023283,8 k €
  4. 2023
    Name changeTwinnTax
  5. 2022
    Annual accounts 2022108 k €
  6. 2021
    Annual accounts 2021-79,9 k €
  7. 2021
    Name changeTWINNTECH
  8. 2020
    Annual accounts 202020,1 k €
  9. 2019
    Annual accounts 2019-39,4 k €
  10. 15/10/2019
    IncorporationPrivate limited company