ACTIVE

TWINE

Financial year 2025 · closed on 31/12/2025
Net result
19 k €
+352.5% YoY
Gross margin
20,8 k €
+704.7% YoY
Equity
20,5 k €
+1263.0% YoY

What does TWINE do?

TWINE is a Private limited company incorporated in 2010. Its registered office is in Ottignies-Louvain-la-Neuve.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0826.848.586
Incorporation
23/06/2010
Legal form
Private limited company
Registered office
Courbevoie 13
1348 Ottignies-Louvain-la-Neuve · WallonieSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182017201620152014201320122011
Income statement
Gross margin20,8 k €-3,4 k €10,5 k €-2,8 k €-3,4 k €74,7 k €100,1 k €66,7 k €9,9 k €13,5 k €20,5 k €4,9 k €18,4 k €13,4 k €-18,1 k €
EBITDA19,2 k €-7,5 k €9,7 k €-9,8 k €-24,7 k €10,1 k €-6,8 k €-960,9 €9,4 k €13,2 k €20,2 k €3,6 k €17,1 k €13,4 k €-18,1 k €
Operating result19,2 k €-7,5 k €9,7 k €-9,8 k €-17,9 k €7 k €-9,9 k €-5 k €4,2 k €8,4 k €11,3 k €2,7 k €16,2 k €13,4 k €-19,2 k €
Net result19 k €-7,5 k €9,5 k €-9,9 k €-18 k €6,8 k €-10,5 k €-5,1 k €2,6 k €5,1 k €7,3 k €1,2 k €11,8 k €10,2 k €-20,6 k €
Balance sheet
Equity20,5 k €1,5 k €9 k €-478,8 €9,5 k €27,4 k €20,6 k €31,1 k €36,2 k €33,6 k €28,5 k €21,2 k €20 k €8,2 k €-2 k €
Total assets116,2 k €57,6 k €10,8 k €2,8 k €10 k €40,7 k €36,7 k €50,9 k €49,3 k €43,8 k €44,9 k €53 k €64,3 k €65 k €16,5 k €
Cash37,6 k €577,1 €159,8 €2,6 k €20,1 k €3,9 k €19,5 k €28,1 k €23,4 k €19,4 k €5,8 k €11,3 k €36,9 k €3,7 k €
Debts95,7 k €56,1 k €1,8 k €3,3 k €501,3 €13,3 k €16,1 k €19,8 k €13,1 k €10,2 k €16,4 k €31,1 k €43,6 k €56,8 k €18,5 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 8 ended

Active mandates

Jonathan Fearn

Director

Active

Ended mandates

JONATHAN FEARN

Director · since 29 janvier 2024

Ended
FLORIAN ACKERMANS

Director · since 01 avril 2022

Ended
JIMMY ACKERMANS

Director · since 01 avril 2022

Ended
JEREMY PROCES

Director

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro 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 date31/08/202615/10/202530/12/202414/08/202329/08/202218/08/2021
General meeting20/08/202614/10/202507/06/202401/07/202301/07/202201/07/2021
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202520/08/202631/08/2026FrenchPDF
Micro model31/12/202414/10/202515/10/2025FrenchPDF
Micro model31/12/202307/06/202430/12/2024FrenchPDF
Micro model31/12/202201/07/202314/08/2023FrenchPDF
Micro model31/12/202101/07/202229/08/2022FrenchPDF
Micro model31/12/202001/07/202118/08/2021FrenchPDF
Micro model31/12/201930/07/202018/08/2020FrenchPDF
Micro model31/12/201801/07/201927/08/2019FrenchPDF
Micro model31/12/201730/06/201815/08/2018FrenchPDF
Micro model31/12/201630/06/201723/08/2017FrenchPDF
Abridged model31/12/201530/06/201616/08/2016FrenchPDF
Abridged model31/12/201429/06/201527/08/2015FrenchPDF
Abridged model31/12/201301/07/201415/06/2015FrenchPDF
Abridged model31/12/201201/07/201328/08/2013FrenchPDF
Abridged model31/12/201102/07/201228/08/2013FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 1 active · 8 ended

Active mandates

Jonathan Fearn

Director

Active

Ended mandates

JONATHAN FEARN

Director · since 29 janvier 2024

Ended
FLORIAN ACKERMANS

Director · since 01 avril 2022

Ended
JIMMY ACKERMANS

Director · since 01 avril 2022

Ended
JEREMY PROCES

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/01/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates20/08/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/02/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office07/06/2024
    SIEGE SOCIAL
    PDF
  • Mandates03/04/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/01/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DENOMINATION - DEMISSIONS, NOMINATIONS
    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 202519 k €
  2. 2024
    Annual accounts 2024-7,5 k €
  3. 2023
    Annual accounts 20239,5 k €
  4. 2022
    Annual accounts 2022-9,9 k €
  5. 2021
    Annual accounts 2021-18 k €
  6. 2020
    Annual accounts 20206,8 k €
  7. 2019
    Annual accounts 2019-10,5 k €
  8. 2018
    Annual accounts 2018-5,1 k €
  9. 2017
    Annual accounts 20172,6 k €
  10. 2016
    Annual accounts 20165,1 k €
  11. 2015
    Annual accounts 20157,3 k €
  12. 2014
    Annual accounts 20141,2 k €
  13. 2013
    Annual accounts 201311,8 k €
  14. 2012
    Annual accounts 201210,2 k €
  15. 2011
    Annual accounts 2011-20,6 k €
  16. 23/06/2010
    IncorporationPrivate limited company