Turbel
ActiveSummary
The annual accounts of Turbel for fiscal year 2025 show a net loss of 66% of the equity at the start of that year. The 2025 annual accounts show equity of €398,483 and a net result of -€780,679. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 10% of 5048 sector peers (fiscal year 2025). The company has been active since 1955 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability4▲+3
Solvency32▼-10
Growth32▼-16
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.79 against 0.95 in 2024; short-term debt: 86.2% and cash: 1% of total assets), and 92.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
7.2%
Return on assets
-14.1%
Age of the figures
18 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€780,679
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 5048 sector peers (2025).
NBB · sector comparisonPosition among 5048 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 01-10-2025, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
31 d early
2023
39 d early
2022
28 d early
2021
55 d early
2020
43 d early
2019
49 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 39 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 30 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close29-09-2026 today31-10-2026 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check 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
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
Turnover
€11.0m▼ 11.1%
2024 · €12.3m
EBIT margin
-5.6%▲ 1.5pp
2024 · -7.1%
Net result
-€780,679▲ 16.1%
2024 · -€930,680
Working capital
-€979,007▼ 266%
2024 · -€267,185
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€12.4m▲ 8.6%€12.2m▼ 1.7%€14.0m▲ 14.8%€12.3m▼ 11.7%€11.0m▼ 11.1%
Operating result€88,022€51,180▼ 41.9%€300,117▲ 486%-€876,860-€616,327▲ 29.7%
Net result€147,151within the sector's middle half€66,220within the sector's middle half▼ 55.0%€221,041within the sector's middle half▲ 234%-€930,680below the sector's middle half-€780,679below the sector's middle half▲ 16.1%
EBIT margin0.7%▲ 4.6pp0.4%▼ 0.3pp2.1%▲ 1.7pp-7.1%▼ 9.2pp-5.6%▲ 1.5pp
Equity€721,522within the sector's middle half▲ 21.9%€777,520within the sector's middle half▲ 7.8%€988,340within the sector's middle half▲ 27.1%€1.2mwithin the sector's middle half▲ 20.2%€398,483below the sector's middle half▼ 66.5%
Total assets€5.3mwithin the sector's middle half▼ 2.3%€4.7mwithin the sector's middle half▼ 11.0%€6.4mwithin the sector's middle half▲ 34.8%€6.8mwithin the sector's middle half▲ 6.4%€5.5mwithin the sector's middle half▼ 18.7%
Debt€4.5m▼ 4.2%€3.9m▼ 13.8%€5.4m▲ 37.1%€5.6m▲ 3.8%€5.1m▼ 8.5%
Working capital€429,832within the sector's middle half▲ 124%€526,268within the sector's middle half▲ 22.4%€695,824within the sector's middle half▲ 32.2%-€267,185below the sector's middle half-€979,007below the sector's middle half▼ 266%
Solvency13.6%below the sector's middle half▲ 2.7pp16.4%below the sector's middle half▲ 2.9pp15.5%below the sector's middle half▼ 0.9pp17.5%below the sector's middle half▲ 2.0pp7.2%below the sector's middle half▼ 10.3pp
Current ratio1.11below the sector's middle half▲ 0.061.15below the sector's middle half▲ 0.041.14below the sector's middle half▼ 0.010.95below the sector's middle half▼ 0.190.79below the sector's middle half▼ 0.15
Return on assets (ROA)2.8%within the sector's middle half▲ 8.5pp1.4%within the sector's middle half▼ 1.4pp3.5%within the sector's middle half▲ 2.1pp-13.7%below the sector's middle half▼ 17.2pp-14.1%below the sector's middle half▼ 0.4pp
Staff (FTE)47.1above the sector's middle half▲ 0.6%47.7above the sector's middle half▲ 1.3%45.9above the sector's middle half▼ 3.8%45.4above the sector's middle half▼ 1.1%47.5above the sector's middle half▲ 4.6%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €616,327 in 2025 against €876,860 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.5m
Fixed assets
€1.7m ▼ 11.1%
Current assets
€3.8m ▼ 21.8%
Equity and liabilities €5.5m
Equity
€398,483 ▼ 66.5%
Provisions
€14,947 ▼ 31.8%
Debt
€5.1m ▼ 8.5%
Debt's share of the balance-sheet total rises from 82.2% to 92.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€309,782▲
2024 · -€608,335
Cash flow
-€474,134▲
2024 · -€662,156
Quick ratio
0.40▼
2024 · 0.46
Debt to equity
12.82▲
2024 · 4.70
ROE
-195.9%▼
2024 · -78.3%
Interest coverage
-1.81▲
2024 · -4.08
Debt ≤ 1 year
€4.8m▼
2024 · €5.1m
Debt > 1 year
€290,516▼
2024 · €445,336
Income taxes
€2,475▼
2024 · €2,555
Staff costs
€3.1m▼
2024 · €3.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 175 companies that looked in July 2024 the way this one looks now, 5.7% went bankrupt within 24 months and 85% are still going.
- Small
- 20 years or older
- solvency under 10%
- a loss of 10% of the balance sheet or more
5.7%
went bankrupt
8.6%
stopped otherwise
85%
still going
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 175 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €12.3m | €14.1m | €12.4m | €11.1m | ▼ 10.5% |
| Turnover70 | €12.4m | €12.2m | €14.0m | €12.3m | €11.0m | ▼ 11.1% |
| Other operating income74 | - | €87,466 | €103,094 | €79,139 | €147,696 | ▲ 86.6% |
| Non-recurring operating income76A | - | €105 | €0 | - | - | - |
| Operating charges60/66A | - | €12.2m | €13.8m | €13.3m | €11.7m | ▼ 11.7% |
| Goods for resale, raw materials and consumables60 | - | €7.1m | €8.3m | €7.5m | €6.2m | ▼ 17.0% |
| Purchases600/8 | - | €7.4m | €9.2m | €7.1m | €5.7m | ▼ 20.0% |
| Change in stocks: decrease (increase)609 | - | -€245,592 | -€893,212 | €418,181 | €558,121 | ▲ 33.5% |
| Services and other goods61 | - | €1.6m | €2.0m | €2.1m | €1.9m | ▼ 10.9% |
| Remuneration, social security and pensions62 | - | €3.0m | €3.0m | €3.3m | €3.1m | ▼ 5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €513,193 | €411,758 | €242,215 | €268,524 | €306,545 | ▲ 14.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €39,462 | €20,297 | -€29,695 | €74,336 | ▲ 350% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €17,174 | -€2,226 | ▼ 113% |
| Other operating charges640/8 | - | €81,709 | €83,518 | €91,965 | €99,122 | ▲ 7.8% |
| Non-recurring operating charges66A | - | €601 | €0 | - | - | - |
| Operating profit (loss)9901 | €88,022 | €51,180 | €300,117 | -€876,860 | -€616,327 | ▲ 29.7% |
| Financial income75/76B | - | €152,605 | €145,578 | €123,340 | €42,030 | ▼ 65.9% |
| Recurring financial income75 | €175,467 | €152,605 | €145,578 | €123,340 | €42,030 | ▼ 65.9% |
| Income from current assets751 | - | €1,278 | €5,855 | €7,337 | €6,973 | ▼ 5.0% |
| Other financial income752/9 | - | €151,327 | €139,722 | €116,003 | €35,057 | ▼ 69.8% |
| Financial charges65/66B | - | €71,603 | €107,035 | €186,778 | €208,651 | ▲ 11.7% |
| Recurring financial charges65 | €76,138 | €71,603 | €107,035 | €186,778 | €208,651 | ▲ 11.7% |
| Debt charges650 | €44,999 | €36,812 | €70,051 | €148,929 | €171,418 | ▲ 15.1% |
| Other financial charges652/9 | - | €34,791 | €36,985 | €37,849 | €37,233 | ▼ 1.6% |
| Profit (loss) for the period before taxes9903 | €187,351 | €132,182 | €338,659 | -€940,297 | -€782,947 | ▲ 16.7% |
| Transfer from deferred taxes780 | - | €12,581 | €12,581 | €12,172 | €4,743 | ▼ 61.0% |
| Income taxes67/77 | €90,000 | €78,543 | €130,200 | €2,555 | €2,475 | ▼ 3.1% |
| Taxes670/3 | - | €78,543 | €131,000 | €2,800 | €2,475 | ▼ 11.6% |
| Tax adjustments and reversals of tax provisions77 | - | - | €801 | €245 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €147,151 | €66,220 | €221,041 | -€930,680 | -€780,679 | ▲ 16.1% |
| Transfer from tax-exempt reserves789 | - | €37,743 | €37,743 | €36,515 | €12,339 | ▼ 66.2% |
| Profit (loss) for the period to be appropriated9905 | €240,110 | €103,963 | €258,784 | -€894,165 | -€768,340 | ▲ 14.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.3m | €4.7m | €6.4m | €6.8m | €5.5m | ▼ 18.7% |
| Fixed assets21/28 | €987,265 | €671,465 | €599,178 | €2.0m | €1.7m | ▼ 11.1% |
| Intangible fixed assets21 | €57,503 | €41,559 | €41,786 | €227,710 | €195,347 | ▼ 14.2% |
| Tangible fixed assets22/27 | €929,534 | €629,677 | €557,163 | €1.7m | €1.5m | ▼ 10.7% |
| Land and buildings22 | - | €495,748 | €351,186 | €1.3m | €102,125 | ▼ 92.4% |
| Plant, machinery and equipment23 | - | €65,038 | €142,905 | €165,014 | €127,310 | ▼ 22.8% |
| Furniture and vehicles24 | - | €65,805 | €63,072 | €70,153 | €67,696 | ▼ 3.5% |
| Leasing and similar rights25 | - | €3,087 | €0 | €150,263 | €117,263 | ▼ 22.0% |
| Other tangible fixed assets26 | - | - | - | - | €1.1m | - |
| Financial fixed assets28 | €229 | €229 | €229 | €229 | €229 | = |
| Other financial fixed assets284/8 | - | €229 | €229 | €229 | €229 | = |
| Amounts receivable and cash guarantees285/8 | - | €229 | €229 | €229 | €229 | = |
| Current assets29/58 | €4.3m | €4.1m | €5.8m | €4.8m | €3.8m | ▼ 21.8% |
| Stocks and contracts in progress3 | €1.8m | €2.0m | €2.9m | €2.5m | €1.9m | ▼ 25.2% |
| Stocks30/36 | - | €2.0m | €2.9m | €2.5m | €1.9m | ▼ 25.2% |
| Raw materials and consumables30/31 | - | - | - | €439,165 | €446,998 | ▲ 1.8% |
| Finished goods33 | - | - | - | €1.3m | €818,083 | ▼ 35.9% |
| Goods purchased for resale34 | - | €2.0m | €2.9m | €772,494 | €596,179 | ▼ 22.8% |
| Amounts receivable within one year40/41 | €2.4m | €1.9m | €2.8m | €2.2m | €1.8m | ▼ 19.9% |
| Trade receivables40 | - | €1.7m | €2.6m | €2.1m | €1.6m | ▼ 21.1% |
| Other amounts receivable41 | - | €183,685 | €197,781 | €157,567 | €150,969 | ▼ 4.2% |
| Current investments50/53 | €23,203 | €23,203 | €23,203 | €35,943 | €37,013 | ▲ 3.0% |
| Own shares50 | - | €23,203 | €23,203 | €23,203 | €23,203 | = |
| Other investments51/53 | - | - | - | €12,740 | €13,810 | ▲ 8.4% |
| Cash at bank and in hand54/58 | €76,366 | €68,323 | €44,786 | €36,523 | €55,102 | ▲ 50.9% |
| Deferred charges and accrued income490/1 | - | €27,830 | €37,313 | €33,982 | €35,559 | ▲ 4.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.3m | €4.7m | €6.4m | €6.8m | €5.5m | ▼ 18.7% |
| Equity10/15 | €721,522 | €777,520 | €988,340 | €1.2m | €398,483 | ▼ 66.5% |
| Contributions10/11 | €185,973 | €185,973 | €185,973 | €185,973 | €185,973 | = |
| Capital10 | - | €185,973 | €185,973 | €185,973 | €185,973 | = |
| Issued capital100 | - | €185,973 | €185,973 | €185,973 | €185,973 | = |
| Revaluation surpluses12 | - | - | - | €1.1m | €1.1m | ▼ 3.0% |
| Reserves13 | €172,214 | €134,471 | €96,727 | €60,213 | €81,271 | ▲ 35.0% |
| Non-distributable reserves130/1 | - | €41,800 | €41,800 | €41,800 | €41,800 | = |
| Legal reserve130 | - | €18,597 | €18,597 | €18,597 | €18,597 | = |
| Own shares acquired1312 | - | €23,203 | €23,203 | €23,203 | €23,203 | = |
| Tax-exempt reserves132 | - | €86,597 | €48,854 | €12,339 | €0 | ▼ 100% |
| Distributable reserves133 | - | €6,073 | €6,073 | €6,073 | €39,471 | ▲ 550% |
| Profit (loss) carried forward14 | €330,421 | €434,384 | €693,168 | -€200,997 | -€969,337 | ▼ 382% |
| Investment grants15 | - | €22,692 | €12,470 | €29,571 | €20,722 | ▼ 29.9% |
| Provisions and deferred taxes16 | €52,299 | €36,310 | €20,322 | €21,916 | €14,947 | ▼ 31.8% |
| Provisions for liabilities and charges160/5 | - | - | - | €17,174 | €14,947 | ▼ 13.0% |
| Other liabilities and charges164/5 | - | - | - | €17,174 | €14,947 | ▼ 13.0% |
| Deferred taxes168 | - | €36,310 | €20,322 | €4,743 | €0 | ▼ 100% |
| Amounts payable17/49 | €4.5m | €3.9m | €5.4m | €5.6m | €5.1m | ▼ 8.5% |
| Amounts payable after more than one year17 | €641,077 | €376,721 | €254,865 | €445,336 | €290,516 | ▼ 34.8% |
| Financial debts170/4 | - | €376,721 | €254,865 | €245,336 | €90,516 | ▼ 63.1% |
| Leasing and similar obligations172 | - | €358,081 | €193,988 | €185,179 | €90,516 | ▼ 51.1% |
| Credit institutions173 | - | €18,640 | €60,877 | €60,157 | €0 | ▼ 100% |
| Other amounts payable178/9 | - | - | - | €200,000 | €200,000 | = |
| Amounts payable within one year42/48 | €3.9m | €3.5m | €5.1m | €5.1m | €4.8m | ▼ 6.7% |
| Current portion of amounts payable after more than one year42 | - | €264,356 | €213,683 | €233,030 | €154,692 | ▼ 33.6% |
| Financial debts43 | - | €1.3m | €2.3m | €2.1m | €2.3m | ▲ 11.8% |
| Credit institutions430/8 | - | €1.3m | €2.3m | €2.1m | €2.3m | ▲ 11.8% |
| Trade debts44 | €1.1m | €1.0m | €1.5m | €2.0m | €1.6m | ▼ 21.1% |
| Suppliers440/4 | - | €1.0m | €1.5m | €2.0m | €1.6m | ▼ 21.1% |
| Advances received on contracts in progress46 | - | €0 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €646,596 | €763,469 | €696,741 | €614,621 | ▼ 11.8% |
| Taxes450/3 | - | €171,660 | €270,063 | €157,904 | €140,970 | ▼ 10.7% |
| Remuneration and social security454/9 | - | €474,936 | €493,406 | €538,837 | €473,650 | ▼ 12.1% |
| Other amounts payable47/48 | - | €346,805 | €296,254 | €76,313 | €73,591 | ▼ 3.6% |
| Accrued charges and deferred income492/3 | - | €7,182 | €31,475 | €37,059 | €58,812 | ▲ 58.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €147,151 | €66,220 | €221,041 | -€930,680 | -€780,679 | ▲ 16.1% |
| + Depreciation and write-downs630 | €513,193 | €411,758 | €242,215 | €268,524 | €306,545 | ▲ 14.2% |
| Operating cash flow (approximation) | €660,343 | €477,977 | €463,256 | -€662,156 | -€474,134 | ▲ 28.4% |
| Investment in fixed assets (approximation) | - | -€95,958 | -€169,928 | -€1.6m | -€88,803 | ▲ 94.5% |
| Change in cash | - | -€8,043 | -€23,538 | -€8,263 | €18,579 | ▲ 325% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
01-10
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
31-03
Financial
Weakest financial yearnet -€930,680
Net result drops to -€930,680, the lowest in the series; recovery starts the following year.
31-03
Financial
Equity above €1mEq €1.2m ▲20.2%
Equity rises from €988,340 to €1.2m.
2023
22-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
31-03
Financial
Highest result since 2019net €221,041 ▲234%
Operating result €300,117, net result €221,041, both a record.
2022
03-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
06-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
31-03
Financial
Back to profitnet €147,151
Net result €147,151 after 2 loss-making years.
2020
18-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
12-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
02-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
06-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 15 acts read
About the unread acts
We know of 15 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
15 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, Brussel · 1 establishment unit since 1955
Ground area
9,409 m²
Building footprint
3,325 m²
Volume, LiDAR
24,625 m³
Parcel 21821B0141/00Y000, Brussels · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
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See who is registered here
1 establishment unit
Spaarbekkenstraat 11, 1130 Brussel
since 19552.005.551.412
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21821B0141/00Y000 | Brussels | 9,409 m² | 1 · 3,325 m² | 9.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- EURABEL INVEST
- Turbel
Highest known parent: EURABEL INVEST. The sources do not say who stands above it.
Owners 1
- EURABEL INVESTparent75.1%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
894500XD4Z0V2W36A467
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Of 192 companies in sector 46493 we hold annual accounts for 86. 60 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded15-02-1955
Fiscal year end31-03
Activities, NACEBEL 2025
46492Wholesale trade
46493Wholesale trade
17250Manufacture of paper and paper products
E-invoicing
Reachable via Peppol
Peppol ID
0208:0402712425
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.