Financials
- Financial year
- 2024
- Total assets
- €5.8m
- Loss
- -€986,023
- Solvency
- -14.3%
Total assets▼ 12.1%
Net result
20182024
Sky (Turnhout) Propco
ActiveSummary
The computed 12-month bankruptcy probability of Sky (Turnhout) Propco is 5.2% (elevated). The 2024 annual accounts show negative equity (-€825,644) and a net result of -€986,023. Equity is shrinking by about 32% per year across the filed financial years. Its solvency ranks better than 8% of 9,639 sector peers (NACE 68, financial year 2024). The company has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Renting and operating of own or leased non-residential real estate, excluding land
NACE 68203
1 site
Size
€5.8mtotal assets 2024
- Equity
- -€825,644
- Loss
- -€986,023
Turnover not published (abbreviated format)
Structure
- Parent
- Iris Pledgeco S.a.r.l.
- RELF II Belgium GP BVManager · permanent representative Balázs Lados
- Alexander Hermanus Joseph VAN GASTELDirector
Auditor: Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises2025 accounts not filed, 87 days past the deadline
Why 34raises risk3 changes of registered office in 24 monthsLiquidity: current ratio 0.04Figures for financial year 2024 (filed 27-02-2025)lowers riskLegal form: limited partnershipShow the evidence
Checked score
Score 2024
34
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 2% of its sector peers (NACE 68, small)
Financial strength · tick = 2023
Weak
Solvency
11-16
equity -14.3% of total assets
Liquidity
0-100
short-term debt 103.0%
Profitability
0-15
return on assets -17.1%
Bankruptcy probability, 12 months
5.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.3%lowest value
12-2024: 0.3%● unchanged vs 11-2024lowest value
01-2025: 0.3%● unchanged vs 12-2024lowest value
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 1.0%▲ +0.7 percentage points vs 02-2025
04-2025: 1.0%● unchanged vs 03-2025
05-2025: 1.0%● unchanged vs 04-2025
06-2025: 1.0%● unchanged vs 05-2025
07-2025: 1.0%● unchanged vs 06-2025
08-2025: 1.5%▲ +0.5 percentage points vs 07-2025
09-2025: 1.5%● unchanged vs 08-2025
10-2025: 1.5%● unchanged vs 09-2025
11-2025: 1.5%● unchanged vs 10-2025
12-2025: 1.5%● unchanged vs 11-2025
01-2026: 1.5%● unchanged vs 12-2025
02-2026: 1.6%▲ +0.1 percentage points vs 01-2026
03-2026: 3.3%▲ +1.7 percentage points vs 02-2026
04-2026: 3.4%▲ +0.1 percentage points vs 03-2026
05-2026: 3.4%● unchanged vs 04-2026
06-2026: 3.5%▲ +0.1 percentage points vs 05-2026
07-2026: 3.5%● unchanged vs 06-2026
08-2026: 3.7%▲ +0.2 percentage points vs 07-2026
09-2026: 4.2%▲ +0.5 percentage points vs 08-2026
10-2026: 5.2%▲ +1.0 percentage point vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.04, compared with 1.14 in 2023, below 1; short-term debt: 103% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 68, small): better than 5% on solvency, 0% on liquidity, 1% on profitability and 1% on growth.
The bankruptcy probability was computed on 26-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€825,644
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 87 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline26-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-02-2025, 154 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
154 days early
2023
28 days early
2022
19 days early
2021
17 days early
2020
24 days early
2019
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 35 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (1)
- Resignation: Leonidas GP SRL (manager)Appointment: RELF II Belgium GP…
- Resignation: Nicolas TEYA (director)Permanent representatives: Nicolas TEYA and…
- Resignation: Marc Sottiaux (director)Permanent representative: Nicolas Teya
Key points
- Risk: Negative equityfinancial year 2024: debts exceed assets -€825,644 View
- Risk: 7 loss-making years in a rowloss financial year 2024 -€986,023 View
- Caution: Result fell in 2024from -€448,476 to -€986,023 ▼ 120% View
- Caution: Among the weakest 5% on net resultsector median €13,519 · 9,634 companies -€986,023 View
- Caution: 2025 accounts not fileddeadline was 31-07-2026 87 days past the deadline View
- Controlled by Iris Pledgeco S.a.r.l.known shareholders 100% parent View
- Board changedlatest change 30-07-2026 · 2 in office 1 joined · 1 left View
By topic
Board & ownership
- Board
- 2 members
- Parent
- Iris Pledgeco S.a.r.l.
- Known shareholders
- 100%
- Auditor
- Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises
- RELF II Belgium GP BVManager
- Alexander Hermanus Joseph VAN GASTELDirector
Network & group
- Connected companies
- 6
Timeline
- Events
- 46
- Since
- 2008
- 01-07-2025Registered office
- 18-03-2025Capital & shares · Amendment of the…
- 27-02-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Limited partnership
- Activity
- Renting and operating of own or leased non-residential…NACE 68203
- Founded
- 12-12-2006
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 24
- Annual meeting
- Last Friday of June at 10:00
- Purpose
- “Het beheer van een roerend en onroerend patrimonium in de meest ruime zin van het woord…” (deed in Dutch)
Key facts about Sky (Turnhout) Propco
- What is the company number of Sky (Turnhout) Propco?
- 0885.589.907. In Belgium the VAT number is the company number with BE in front: BE 0885.589.907.
- Where is Sky (Turnhout) Propco based?
- The registered office is at Marnixlaan 23, 1000 Brussel.Company details
- What does Sky (Turnhout) Propco do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of Sky (Turnhout) Propco?
- Limited partnership (CommV).
- When was Sky (Turnhout) Propco founded?
- On 12-12-2006.
- Is Sky (Turnhout) Propco still active?
- Yes, Sky (Turnhout) Propco is an active enterprise in the KBO register.
- What is the turnover of Sky (Turnhout) Propco?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is Sky (Turnhout) Propco profitable?
- In financial year 2024, Sky (Turnhout) Propco made a loss of €986,023.
- Where can I find the annual accounts of Sky (Turnhout) Propco?
- Sky (Turnhout) Propco filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Companies related to Sky (Turnhout) Propco
Comparable companies
- AANNBrussel
- AG REAL ESTATEBrussel
- AGORIA REAL ESTATEBrussel
- ANVIPAR SABrussel
- BRIO PRODUCTIONSBrussel
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.