About Twin Development
Twin Development is a public limited company (NV/SA) based in Charleroi, founded in 1990. Its main activity is classified as "Ontwerpen van computerprogramma’s". For the 2025 financial year, Twin Development reported a profit of €154,868. That makes 8 profitable financial years in a row for Twin Development. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €348,814, up 10% on 2024. It employed an average of 1 full-time equivalent. Equity stands at €916,399, a solvency ratio of 83%. In 2008 it was €443,830. 18 annual accounts are available, covering 2008 to 2025.
- Sectors
- IT companies
- Activities
- Signals
-
ProfitableProfitable € 155K
The company reported a positive net result in the latest financial year.
Strong equityStrong equity € 916KStrong equity provides a buffer against setbacks.
Low riskLow risk 82.9%Good solvency (> 30%) points to long-term financial stability.
Good liquidityGood liquidity 3.89A healthy current ratio (≥ 1.5): enough current assets to cover short-term debt.
Positive cashflowPositive cashflow € 168KPositive operating cash flow in the latest financial year.
Positive EBITDAPositive EBITDA € 222KPositive EBITDA: operating activities are profitable.
Healthy social debtHealthy social debt 5.9%Social debts stay manageable relative to personnel costs.
- Investments
- Tripy 28,33%
Financial ratios
|
|
2025
|
2024
|
2023
|
2022
|
|---|---|---|---|---|
|
€
349K
|
€
316K
|
€
291K
|
€
204K
|
|
|
€
222K
|
€
186K
|
€
166K
|
€
86K
|
|
|
€
155K
|
€
134K
|
€
100K
|
€
46K
|
|
|
€
916K
|
€
832K
|
€
797K
|
€
755K
|
|
|
82.91%
|
84.38%
|
82.01%
|
73.63%
|
|
|
€
189K
|
€
154K
|
€
175K
|
€
270K
|
|
|
€
338K
|
€
343K
|
€
141K
|
€
423K
|
|
|
1
|
1
|
1
|
1
|
Publications 33
All publications- Statuts (Traduction, Coordination, Autres Modifications, ) - Demissions, Nominations 22/11/2023
- Demissions, Nominations 03/03/2022
- Demissions, Nominations 05/07/2021
- Me. - Comptes Annuels 31.12.2015, App 27.05.2016, Dpt 20.08.2016 16447-0011-017 25/08/2016
- Me. - Comptes Annuels 31.12.2014, App 29.05.2015, Dpt 17.08.2015 15427-0087-017 19/08/2015
Frequently asked questions
Answers to the most common questions about Twin Development, based on official government data and the filed annual accounts.
What is the VAT number of Twin Development?
The VAT number of Twin Development is BE0442.082.745.
How many employees work at Twin Development?
In 2025, Twin Development employed 1.00 full-time equivalents (FTE).
When was Twin Development established?
Twin Development was founded in 26-11-1990.
What is the official address of Twin Development?
The official address of Twin Development is Faubourg De Bruxelles 320 Charleroi 6041.
What is the legal form of Twin Development?
The juridical form of Twin Development is Public limited company (NV/SA).
What is the annual revenue of Twin Development?
The 2025 accounts of Twin Development do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Twin Development a reliable company?
Twin Development is a registered Rechtspersoon with company number 0442.082.745 and can be verified through the official CBE database.
What is the credit limit of Twin Development?
The estimated credit limit of Twin Development is €283,110.
Is Twin Development still active?
Twin Development currently has the status "Normal situation" and is active.