ACTIVE

TWINQUE

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Financial year 2026 · closed on 31/03/2026

Net result

51,7 k €

-83.5% YoY

Gross margin

271,9 k €

-56.8% YoY

Equity

1,6 M €

+3.4% YoY

What does TWINQUE do?

TWINQUE is a Public limited company incorporated in 2004. Its main activity is: Activities of head offices; management consultancy activities. Its registered office is in Lievegem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0864.734.808

Incorporation

15/04/2004

Legal form

Public limited company

Registered office

St Jansstraat(OW) 3
9931 Lievegem · FlandreSee on map

Contributed capital

100 000,00 €

Latest accounts

31/03/2026

Activities (NACE)

70322Activities of head offices; management consultancy activities· main 81100Combined facilities support activities 81100Combined facilities support activities 41001Construction of buildings 41201Construction of residential and non-residential buildings 43990Other specialised construction activities n.e.c.+1

Joint committees (4)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2026		2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	271,9 k €	-56.8%	628,9 k €	+82.4%	344,8 k €	+8.2%	318,7 k €	-0.6%	320,5 k €	-17.4%	387,9 k €	+7.0%	362,5 k €	+36.7%	265,2 k €	+8.9%	243,6 k €	+17.3%	207,8 k €	-6.3%	221,8 k €	+12.6%	196,9 k €	-12.9%	226 k €	+26.8%	178,2 k €	+98.6%	89,7 k €	+3.6%	86,6 k €	+7.4%	80,6 k €	+86.0%	43,3 k €	+41.4%	30,6 k €	-35.3%	47,4 k €
EBITDA	267,7 k €	-56.6%	616,5 k €	+81.6%	339,4 k €	+8.6%	312,5 k €	-1.1%	316 k €	-16.1%	376,5 k €	+15.0%	327,3 k €	+44.1%	227,1 k €	+32.0%	172 k €	-4.6%	180,4 k €	-5.0%	189,8 k €	+61.4%	117,6 k €	+13.9%	103,3 k €	+7.8%	95,8 k €	+15.2%	83,2 k €	+8.7%	76,5 k €	+1.2%	75,6 k €	+83.8%	41,1 k €	+41.6%	29,1 k €	-36.8%	45,9 k €
Operating result	126,1 k €	-73.4%	474,1 k €	+150%	189,3 k €	-5.3%	199,9 k €	-13.8%	232 k €	-21.1%	293,9 k €	+33.1%	220,8 k €	+34.0%	164,8 k €	+57.4%	104,7 k €	-6.3%	111,7 k €	-5.1%	117,7 k €	+251%	33,5 k €	+108%	16,1 k €	-24.2%	21,2 k €	-43.5%	37,5 k €	+28.0%	29,3 k €	-34.7%	44,9 k €	+75.8%	25,5 k €	+43.7%	17,8 k €	-53.0%	37,8 k €
Net result	51,7 k €	-83.5%	312,7 k €	+166%	117,7 k €	+2.6%	114,8 k €	-25.2%	153,5 k €	-23.8%	201,3 k €	+27.5%	157,9 k €	+38.0%	114,4 k €	+101%	56,8 k €	+5.8%	53,7 k €	-47.4%	102,1 k €	+3088%	3,2 k €	+180%	-4 k €	-2954%	139,8 €	-94.4%	2,5 k €	+7.1%	2,3 k €	-82.5%	13,3 k €	+224%	4,1 k €	-90.3%	42,2 k €	+553%	6,5 k €
Balance sheet
Equity	1,6 M €	+3.4%	1,5 M €	+26.1%	1,2 M €	+10.9%	1,1 M €	+11.9%	966,1 k €	+18.9%	812,7 k €	+32.9%	611,4 k €	+34.8%	453,5 k €	+33.7%	339,1 k €	+20.1%	282,3 k €	+23.5%	228,6 k €	+58.2%	144,5 k €	+2.3%	141,3 k €	-2.7%	145,3 k €	+0.1%	145,1 k €	+1.7%	142,6 k €	+1.6%	140,3 k €	+4.7%	134,1 k €	+3.1%	130 k €	+42.8%	91 k €
Total assets	2,9 M €	+11.0%	2,6 M €	+13.3%	2,3 M €	-4.0%	2,4 M €	+34.2%	1,8 M €	-0.3%	1,8 M €	+7.3%	1,7 M €	+109%	800,1 k €	+3.0%	777,1 k €	+2.5%	757,9 k €	-16.9%	911,6 k €	+40.5%	648,8 k €	-21.7%	829,1 k €	+20.3%	689,4 k €	+73.6%	397,2 k €	-51.8%	824,7 k €	+5.5%	781,7 k €	+70.9%	457,3 k €	+17.8%	388,2 k €	-17.2%	468,8 k €
Cash	33,7 k €	-75.0%	134,8 k €	-22.8%	174,7 k €	+123%	78,3 k €	+126%	34,7 k €	+17.7%	29,5 k €	-87.2%	229,7 k €	+257%	64,3 k €	+45.3%	44,3 k €	+40.3%	31,5 k €	-33.7%	47,5 k €	-12.0%	54 k €	+37.7%	39,2 k €	+34.5%	29,2 k €	+36.3%	21,4 k €	-40.2%	35,8 k €	+537%	5,6 k €	-42.8%	9,8 k €	+650%	1,3 k €	-75.3%	5,3 k €
Debts	1,3 M €	+23.8%	1 M €	-7.0%	1,1 M €	-16.6%	1,3 M €	+61.4%	816,7 k €	-16.6%	979,4 k €	-7.4%	1,1 M €	+205%	346,6 k €	-20.9%	438 k €	-2.1%	447,5 k €	-31.2%	650 k €	+36.2%	477,3 k €	-27.8%	660,7 k €	+27.8%	517 k €	+130%	225,3 k €	-66.1%	664,9 k €	+4.9%	634 k €	+96.1%	323,3 k €	+31.0%	246,8 k €	-32.3%	364,7 k €
Other
Workforce	–		–		–		–		–		0,1 ETP	-90.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	-9.1%	1,1 ETP	-47.6%	2,1 ETP	-48.8%	4,1 ETP	+70.8%	2,4 ETP		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2026 · 2 active · 23 ended

Active mandates

Evarist Welllens

Gedelegeerd bestuurder · since 08 décembre 2022 · until 08 décembre 2028

Active

Frédérique Wellens

Gedelegeerd bestuurder · since 08 décembre 2022 · until 08 décembre 2028

Active

Ended mandates

Evarist Welllens

Gedelegeerd bestuurder · since 06 septembre 2021 · until 06 septembre 2027

Ended

Frédérique Wellens

Gedelegeerd bestuurder · since 06 septembre 2021 · until 06 septembre 2027

Ended

EVARIST WELLENS

Managing director · since 07 septembre 2015 · until 07 septembre 2021

Ended

FRANCOISE DE VLEMINCK

Director · since 07 septembre 2015 · until 26 mars 2020

Ended

Annual accounts

Full financial information

	2026	2025	2024	2023	2022	2021
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/04/2025	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020
Closing of the financial year	31/03/2026	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/09/2026	09/10/2025	18/09/2024	30/10/2023	07/10/2022	20/03/2023
General meeting	07/09/2026	30/09/2025	02/09/2024	28/09/2023	23/09/2022	06/09/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2026	07/09/2026	09/09/2026	Dutch	PDF
Abridged model	31/03/2025	30/09/2025	09/10/2025	Dutch	PDF
Abridged model	31/03/2024	02/09/2024	18/09/2024	Dutch	PDF
Abridged model	31/03/2023	28/09/2023	30/10/2023	Dutch	PDF
Abridged model	31/03/2022	23/09/2022	07/10/2022	Dutch	PDF
Abridged modelCorrection	31/03/2021	06/09/2021	20/03/2023	Dutch	PDF
Abridged model	31/03/2021	06/09/2021	13/10/2021	Dutch	PDF
Abridged model	31/03/2020	07/09/2020	30/09/2020	Dutch	PDF
Abridged model	31/03/2019	02/09/2019	04/09/2019	Dutch	PDF
Abridged model	31/03/2018	03/09/2018	28/09/2018	Dutch	PDF
Abridged model	31/03/2017	04/09/2017	19/09/2017	Dutch	PDF
Abridged model	31/03/2016	05/09/2016	07/09/2016	Dutch	PDF
Abridged model	31/03/2015	07/09/2015	28/09/2015	Dutch	PDF
Abridged model	31/03/2014	01/09/2014	21/10/2014	Dutch	PDF
Abridged model	31/03/2013	02/09/2013	30/10/2013	Dutch	PDF
Abridged model	31/03/2012	03/09/2012	31/10/2012	Dutch	PDF
Abridged model	31/03/2011	05/09/2011	23/09/2011	Dutch	PDF
Abridged model	31/03/2010	06/09/2010	19/10/2010	Dutch	PDF
Abridged model	31/03/2009	14/09/2009	25/09/2009	Dutch	PDF
Abridged model	31/03/2008	01/09/2008	03/09/2008	Dutch	PDF
Abridged model	31/03/2007	10/09/2007	03/10/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/03/2026 · 2 active · 23 ended

Active mandates

Evarist Welllens

Gedelegeerd bestuurder · since 08 décembre 2022 · until 08 décembre 2028

Active

Frédérique Wellens

Gedelegeerd bestuurder · since 08 décembre 2022 · until 08 décembre 2028

Active

Ended mandates

Evarist Welllens

Gedelegeerd bestuurder · since 06 septembre 2021 · until 06 septembre 2027

Ended

Frédérique Wellens

Gedelegeerd bestuurder · since 06 septembre 2021 · until 06 septembre 2027

Ended

EVARIST WELLENS

Managing director · since 07 septembre 2015 · until 07 septembre 2021

Ended

FRANCOISE DE VLEMINCK

Director · since 07 septembre 2015 · until 26 mars 2020

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office03/10/2024
MAATSCHAPPELIJKE ZETEL
PDF
Mandates12/12/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/10/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/04/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/07/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/11/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/01/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/01/2012
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

2026
Annual accounts 202651,7 k €↓
2025
Annual accounts 2025312,7 k €↑
2024
Annual accounts 2024117,7 k €↑
2023
Annual accounts 2023114,8 k €↓
2022
Annual accounts 2022153,5 k €↓
2021
Annual accounts 2021201,3 k €↑
2020
Annual accounts 2020157,9 k €↑
2019
Annual accounts 2019114,4 k €↑
2018
Annual accounts 201856,8 k €↑
2017
Annual accounts 201753,7 k €↓
2016
Annual accounts 2016102,1 k €↑
2015
Annual accounts 20153,2 k €↑
2014
Annual accounts 2014-4 k €↓
2013
Annual accounts 2013139,8 €↓
2012
Annual accounts 20122,5 k €↑
2011
Annual accounts 20112,3 k €↓
2010
Annual accounts 201013,3 k €↑
2009
Annual accounts 20094,1 k €↓
2008
Annual accounts 200842,2 k €↑
2007
Annual accounts 20076,5 k €
15/04/2004
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

TWINQUE

Overview

What does TWINQUE do?

Trend over 20 financial years

Indicative valuation

Board of directors

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