TURACI EXPLOITATION
ActiveThe computed 12-month bankruptcy probability of TURACI EXPLOITATION is 3.7% (moderate). The 2024 annual accounts show negative equity (€-57k) and a net result of €-16k. Equity is shrinking by ~73% per year across the filed fiscal years. Its solvency ranks better than 18% of 18940 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
15
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability7▲+7
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.53 against 0.55 in 2023; short-term debt: 99.2% and cash: 5.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-32.4%
Return on assets
-9.2%
Age of the figures
24 mo
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 €-57k
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 140 days later.
NBB · 7 filingsPosition against the passed deadline
30-09-2025 close30-04-2026 deadline17-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 15-05-2025, 15 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not filed
2024
15 d late
2023
7 d late
2022
31 d early
2021
1 d early
2020
7 d early
2019
40 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-16k▲ 47.3%
2023 · €-31k
2018: €5k
2019: €-23k
2020: €5k
2021: €-34k
2022: €26k
2023: €-31k
2018 → 2024
Working capital
€-81k▼ 22.4%
2023 · €-66k
2018: €-32k
2019: €-51k
2020: €-39k
2021: €-61k
2022: €-36k
2023: €-66k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-2k-€-36k▼ 1,438%€-10k▲ 72.1%€-41k▼ 305%€-57k▼ 39.7%
Operating result€5k-€-32k€28k€-25k€-60k▼ 137%
Net result€5k-€-34k€26k€-31k€-16k▲ 47.3%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €60k in 2024 against €25k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €176k
Fixed assets
€83k▲ 179%
Current assets
€93k▲ 13.0%
Key figures and ratios
EBITDA
€-20k▼
2023 · €-17k
Cash flow
€23k▲
2023 · €-23k
Solvency
-32.4%▲
2023 · -36.4%
Current ratio
0.53▼
2023 · 0.55
Quick ratio
0.50▼
2023 · 0.50
Debt / equity
-4.09▼
2023 · -3.75
ROA
-9.2%▲
2023 · -27.4%
Interest coverage
-3.42▼
2023 · -3.10
Debt
€233k▲
2023 · €153k
Debt ≤ 1 year
€174k▲
2023 · €149k
Debt > 1 year
€36k
Income taxes
€620
Staff costs
€61k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€112k€176k▲
Fixed assets21/28€30k€83k▲
Intangible fixed assets21€1k€156▼
Tangible fixed assets22/27€28k€82k▲
Land and buildings22€1k€1k▼
Plant, machinery and equipment23€17k€13k▼
Furniture and vehicles24€7k€5k▼
Leasing and similar rights25-€61k
Other tangible fixed assets26€2k€2k▼
Financial fixed assets28€50€50=
Current assets29/58€82k€93k▲
Stocks and contracts in progress3€7k€6k▼
Stocks30/36€7k€6k▼
Amounts receivable within one year40/41€41k€76k▲
Trade receivables40€36k€76k▲
Other amounts receivable41€5k€86▼
Cash at bank and in hand54/58€29k€10k▼
Deferred charges and accrued income490/1€5k€891▼
Equity and liabilities
Total equity and liabilities10/49€112k€176k▲
Equity10/15€-41k€-57k▼
Contributions10/11€13k€13k=
Profit (loss) carried forward14€-54k€-70k▼
Amounts payable17/49€153k€233k▲
Amounts payable after more than one year17-€36k
Financial debts170/4-€36k
Amounts payable within one year42/48€149k€174k▲
Current portion of amounts payable after more than one year42-€16k
Trade debts44€47k€95k▲
Suppliers440/4€47k€95k▲
Taxes, remuneration and social security45€25k€34k▲
Taxes450/3€12k€9k▼
Remuneration and social security454/9€14k€25k▲
Other amounts payable47/48€76k€30k▼
Accrued charges and deferred income492/3€4k€22k▲
Income statement
Code20232024
Remuneration, social security and pensions62-€61k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€39k▲
Other operating charges640/8€9k€9k▲
Non-recurring operating charges66A-€6
Gross operating margin9900€-9k€50k▲
Operating profit (loss)9901€-25k€-60k▼
Financial income75/76B-€50k
Recurring financial income75-€0
Non-recurring financial income76B-€50k
Financial charges65/66B€6k€6k▲
Recurring financial charges65€6k€6k▲
Profit (loss) for the period before taxes9903€-31k€-16k▲
Income taxes67/77-€620
Profit (loss) for the period9904€-31k€-16k▲
Profit (loss) for the period to be appropriated9905€-31k€-16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-54k€-70k▼
Profit (loss) brought forward from the previous period14P€-23k€-54k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 15 days late
2024
07-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
2023
30-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €26k
Net result €26k after one loss-making year.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet €-34k ▼735%
Net result drops to €-34k, the lowest in the series; recovery starts the following year.
23-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 40 days late
2019
29-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Liège · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Saint-Nicolas 5584000 LiègeGround area
543 m²
Building footprint
83 m²
Volume, LiDAR
240 m³
Parcel 62042B0355/00W025, Wallonia · tallest building 3.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
OBA
since 20172.264.548.043
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62042B0355/00W025 | Wallonia | 543 m² | 1 · 83 m² | 3.3 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLiège2.264.548.043
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Of 20,506 companies in sector 56111 we hold annual accounts for 11,453. 8,222 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-05-2017
Fiscal year end30-09
Abbreviation FR
OBA by TURACI
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.