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MNH TURBO

Active
Private limited companyfounded 2017active for 9 yearsElsenstraat 5, 2170 Antwerpen, BelgiumKBO/BCE: BE 0672.540.095
Summary

The computed 12-month bankruptcy probability of MNH TURBO is 3.3% (moderate). The 2025 annual accounts show negative equity (-€104,635) and a net result of -€2,523. Equity has been shrinking by about 7.5% per year since 2018. Its solvency ranks better than 8% of 22,726 sector peers (NACE 47, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 09-03-2017 Normal situation
Activity
Retail sale of cars and light vans (up to 3.5 tonnes) NACE 47811and 2 others
Joint committees
112 Paritair Comité voor het garagebedrijf
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2021
Establishment unit
2.265.261.784 2170 Antwerpen, since 09-03-2017
Financial year end
31 December
Peppol
Reachable since 04-12-2025

Board and ownership

Board

Financial position

48 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.3%
Annual accounts 2025
Gross margin
-€677
Loss
€2,523
Equity
-€104,635
▼ 2.5%
Total assets
€83,696
▼ 54.9%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 45 days after the deadline
Turnover not published (micro format)
Filed on 14-09-2026
Score breakdownraises riskLast filed accounts filed 45 days late; 1 of the last 3 accounts lateLiquidity: current ratio 0.44Negative equity -€104,635lowers riskSize: total assets €83,696Show the evidence

Checked score

Score 2025
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 17% of micro companies in retail trade (NACE 47)
Financial strength
Weak
Solvency 0
equity -125.0% of total assets
Liquidity 0
short-term debt 225.0%
Profitability 30
return on assets -3.0%
Bankruptcy probability within 12 months
3.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 2.2% 01-2025: 2.2%● unchanged vs 12-2024 02-2025: 2.2%● unchanged vs 01-2025 03-2025: 2.1%▼ -0.1 percentage points vs 02-2025 04-2025: 2.1%● unchanged vs 03-2025 05-2025: 1.8%▼ -0.3 percentage points vs 04-2025 06-2025: 1.8%● unchanged vs 05-2025 07-2025: 1.4%▼ -0.4 percentage points vs 06-2025 08-2025: 1.3%▼ -0.1 percentage points vs 07-2025 09-2025: 1.3%● unchanged vs 08-2025 10-2025: 1.3%● unchanged vs 09-2025 11-2025: 1.3%● unchanged vs 10-2025 12-2025: 1.3%● unchanged vs 11-2025 01-2026: 1.3%● unchanged vs 12-2025 02-2026: 1.3%● unchanged vs 01-2026 03-2026: 1.3%● unchanged vs 02-2026 04-2026: 1.3%● unchanged vs 03-2026 05-2026: 1.2%▼ -0.1 percentage points vs 04-2026 06-2026: 1.2%● unchanged vs 05-2026lowest value 07-2026: 1.2%● unchanged vs 06-2026 08-2026: 1.8%▲ +0.6 percentage points vs 07-2026 09-2026: 2.2%▲ +0.4 percentage points vs 08-2026 10-2026: 3.3%▲ +1.1 percentage points vs 09-2026highest value 11-2026: 3.3%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.44 (0.68 in 2024), below 1. Short-term debt is 225% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 6% of them on solvency, 1% on liquidity, 25% on profitability and 34% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €83,696
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Last filed accounts filed 45 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 0.44
NBB · annual accounts
raises risk · Negative equity -€104,635
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€104,635
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-09-2026, 45 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 9 filings
Deviation from the deadline
2025
45 days late
2024
50 days early
2023
37 days early
2022
on the day
2021
46 days late
2020
38 days late
2019
146 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 27 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (4 of the last 5 accounts filed within 46 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€104,635 View
  • Caution: Less equity than 95% of companies in retail tradesector median €41,216 · 22,767 companies -€104,635 View

Recent changes

  1. · Gazette deed Appointment: Kaymak Fatima (director)
  2. · Gazette deed Resignation: Fatih Pinar (director)Appointment: Fatima Kaymak (director)
  3. · Gazette deed Incorporation
All 12 events

Comparable companies

These companies have the same main activity as MNH TURBO: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €75,700 and €97,800, founded between 2015 and 2018.

CompanyTotal assetsGross margin
MNH TURBO Antwerpen€83,696-€677
Bowi-Export Mol€75,701€1,199
BM Partners Schoten€97,785-€13,443
INTERSARI Quaregnon€78,957-€9,721
RD AUTOSELECT Grâce-Hollogne€78,530-€30,511
TONKA COMPANY Jette€76,484€419
Tano Dilsen-Stokkem€94,830-€7,016
Full comparison

Key facts about MNH TURBO

What is the company number of MNH TURBO?
The company number of MNH TURBO is 0672.540.095. The VAT number is the same number with BE in front: BE 0672.540.095.
Where is MNH TURBO based?
The registered office is at Elsenstraat 5, 2170 Antwerpen.Company details
What does MNH TURBO do?
According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
What is the legal form of MNH TURBO?
The legal form of MNH TURBO is Private limited company (BV).
When was MNH TURBO founded?
MNH TURBO was founded on 09-03-2017.
Is MNH TURBO still active?
Yes, MNH TURBO is an active enterprise in the KBO register.
How many employees does MNH TURBO have?
MNH TURBO had an average of 0.3 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
Which joint committee does MNH TURBO fall under?
In its 2021 annual accounts, MNH TURBO states joint committees 112 (Paritair Comité voor het garagebedrijf) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of MNH TURBO?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
Is MNH TURBO profitable?
In financial year 2025, MNH TURBO made a loss of €2,523.
Where can I find the annual accounts of MNH TURBO?
MNH TURBO filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MNH TURBO due?
MNH TURBO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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