ACTIVE

TWG Real Estate

Financial year 2025 · Closed on 31/12/2025

Net result128,5 k €+173,6 %over 1 year

Gross margin429,1 k €+16,7 %over 1 year

Equity581 k €+28,4 %over 1 year

Identity

Source · BCE/KBO

TWG Real Estate is a Private limited company incorporated in 2011. Its main activity is: Activities of holding companies. Its registered office is in Brugge.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0833.746.276
Incorporation: 15/02/2011
Legal form: Private limited company
Registered office: Pathoekeweg 15
8000 Brugge · FlandreSee on map
Contributed capital: 300 000,00 €
Latest accounts: 31/12/2025

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 68100Buying and selling of own real estate 68110Buying and selling of own real estate

Signals

ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 15 filings

Trend over 15 financial years

	2025		2024		2023		2022		2022
Income statement
Gross margin	429,1 k €	+16.7%	367,6 k €	+27.0%	289,4 k €	+50.7%	192,1 k €	-33.9%	290,4 k €
EBITDA	406,1 k €	+17.6%	345,3 k €	+28.8%	268 k €	+58.0%	169,6 k €	-40.6%	285,4 k €
Operating result	292,8 k €	+44.7%	202,3 k €	+69.9%	119,1 k €	+106%	57,9 k €	-58.1%	138,2 k €
Net result	128,5 k €	+174%	47 k €	+75.9%	26,7 k €	+1095%	2,2 k €	-95.8%	53,5 k €
Balance sheet
Equity	581 k €	+28.4%	452,5 k €	+11.6%	405,6 k €	+7.0%	378,9 k €	+0.6%	376,6 k €
Total assets	4,6 M €	-1.2%	4,6 M €	-2.6%	4,7 M €	-3.5%	4,9 M €	-2.0%	5 M €
Cash	–		–		–		37,4 k €	+413%	7,3 k €
Debts	4 M €	-4.4%	4,2 M €	-3.9%	4,3 M €	-4.3%	4,5 M €	-2.2%	4,6 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 9 ended

Active mandates

LACOSY

Director · since 01 juillet 2025 · until 20 juin 2029 · 0832.904.653

Represented by Pieter Cosyn

Active

O'Tentic

Managing director · since 31 mars 2023 · until 16 juin 2027 · 0666.819.768

Represented by Veronique Mulliez

Active

PGMS

Director · since 04 mars 2022 · 0439.491.756

Represented by Philip Ghekiere

Active

Ended mandates

Arborati

Director · since 31 mars 2023 · until 16 juin 2027 · 0795.251.233

Represented by Raf Vermaere

Ended

BERENIKE GLOBAL FASHION MANAGEMENT

Managing director · since 04 mars 2022 · 0825.896.206

Represented by Stefaan Le Clair

Ended

Amelie Derere

Director · since 15 février 2011 · until 04 mars 2022

Ended

Amelie Derere

Director · since 15 février 2011

Ended

Other companies at this address

Pathoekeweg 15 8000 Brugge

Company	CBE no.
DASSY EUROPE● Active	0895.825.682
DRESS CONFECT● Active	0804.026.565
PROTEQ● Active	0477.695.306
Radius LeaseWear● Active	0798.143.417
TWG Service● Active	0429.665.161

Full financial information

Source · NBB

	2025	2024	2023	2022	2022	2021
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/04/2022	01/04/2021	01/04/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/03/2022	31/03/2021
Length of the financial year	12 months	12 months	12 months	9 months	12 months	12 months
Filing date	10/07/2026	30/06/2025	20/06/2024	05/07/2023	06/10/2022	21/09/2021
General meeting	07/07/2026	26/06/2025	19/06/2024	30/06/2023	20/09/2022	21/09/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 15 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	07/07/2026	10/07/2026	Dutch	PDF
Abridged model	31/12/2024	26/06/2025	30/06/2025	Dutch	PDF
Abridged model	31/12/2023	19/06/2024	20/06/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	05/07/2023	Dutch	PDF
Abridged model	31/03/2022	20/09/2022	06/10/2022	Dutch	PDF
Abridged model	31/03/2021	21/09/2021	21/09/2021	Dutch	PDF
Micro model	31/03/2020	15/09/2020	09/10/2020	Dutch	PDF
Micro model	31/03/2019	17/09/2019	30/09/2019	Dutch	PDF
Micro model	31/03/2018	18/09/2018	19/09/2018	Dutch	PDF
Micro model	31/03/2017	19/09/2017	22/09/2017	Dutch	PDF
Full model	31/03/2016	15/06/2016	04/08/2016	Dutch	PDF
Abridged model	31/03/2015	15/06/2015	15/06/2015	Dutch	PDF
Abridged model	31/03/2014	10/06/2014	13/06/2014	Dutch	PDF
Abridged model	31/03/2013	17/09/2013	29/10/2013	Dutch	PDF
Abridged model	31/03/2012	21/09/2012	29/11/2012	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 9 ended

Active mandates

LACOSY

Director · since 01 juillet 2025 · until 20 juin 2029 · 0832.904.653

Represented by Pieter Cosyn

Active

O'Tentic

Managing director · since 31 mars 2023 · until 16 juin 2027 · 0666.819.768

Represented by Veronique Mulliez

Active

PGMS

Director · since 04 mars 2022 · 0439.491.756

Represented by Philip Ghekiere

Active

Ended mandates

Arborati

Director · since 31 mars 2023 · until 16 juin 2027 · 0795.251.233

Represented by Raf Vermaere

Ended

BERENIKE GLOBAL FASHION MANAGEMENT

Managing director · since 04 mars 2022 · 0825.896.206

Represented by Stefaan Le Clair

Ended

Amelie Derere

Director · since 15 février 2011 · until 04 mars 2022

Ended

Amelie Derere

Director · since 15 février 2011

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other03/08/2026
DIVERSEN
PDF
Mandates15/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other06/02/2024
BENAMING
PDF
Mandates28/04/2023
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares26/09/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - DOEL - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates05/04/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/01/2021
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Registered office13/12/2012
MAATSCHAPPELIJKE ZETEL
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 2025128,5 k €↑
2024
Annual accounts 202447 k €↑
2023
Annual accounts 202326,7 k €↑
2023
Name changeTWG Real Estate
2022
Annual accounts 20222,2 k €↓
2022
Annual accounts 202253,5 k €↑
2022
Name changeDWWG Real Estate
2021
Annual accounts 2021-6,9 k €↑
2020
Annual accounts 2020-19,3 k €↑
2019
Annual accounts 2019-24,6 k €↓
2018
Annual accounts 201822,5 k €↓
2017
Annual accounts 201725,1 k €↑
2016
Annual accounts 201616,8 k €↑
2015
Annual accounts 201516,5 k €↓
2014
Annual accounts 201422,1 k €↓
2013
Annual accounts 201391,3 k €↑
2012
Annual accounts 2012-120,4 k €
2012
Name changeGan Real Estate
15/02/2011
IncorporationPrivate limited company

TWG Real Estate

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

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

Timeline