TURBO
ActiveSummary
TURBO has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €179,298 and a net result of €7,569. Equity is growing by ~6% per year across the filed fiscal years. Its solvency ranks better than 87% of 32629 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
What they do
Business and other management consultancy
NACE 70200Business consulting NACE 70220
1 site
How big
€202,043total assets 2025
- Equity
- €179,298
- Profit
- €7,569
Turnover not published (abridged schema)
Who decides
- Holdings
- 1
Accounts on time0 of 4 deeds read
Why 88+ Lower-failure-rate sector+ Annual accounts: healthy financial profile+ Long track recordLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-3
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
Liquidity ample (current ratio 5.95 against 4.96 in 2024; short-term debt: 7.4% and cash: 24% of total assets), and 11.3% 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
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
88.7%
Return on assets
3.7%
Age of the figures
12 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
32 d early
2022
3 d late
2021
2 d late
2020
1 d early
2019
7 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 5 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 30 April (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close01-10-2026 today30-04-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Financials
Fiscal year 2025Total assets €202,043Profit €7,569Solvency 88.7%Liquidity 5.95
Total assets
€202,043▲ 0.4%
2019 - 2025
Net result
€7,569▼ 32.5%
2019 - 2025
Equity
€179,298▲ 4.4%
2019 - 2025
Solvency
88.7%▲ 3.4pp
2019 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€30,861▲ 235%€16,776▼ 45.6%€13,873▼ 17.3%€17,846▲ 28.6%€12,876▼ 27.9%
Net result€18,430within the sector's middle half▲ 191%€10,556within the sector's middle half▼ 42.7%€8,261within the sector's middle half▼ 21.7%€11,212within the sector's middle half▲ 35.7%€7,569within the sector's middle half▼ 32.5%
Equity€141,699within the sector's middle half▲ 6.3%€152,256within the sector's middle half▲ 7.4%€160,517within the sector's middle half▲ 5.4%€171,728within the sector's middle half▲ 7.0%€179,298within the sector's middle half▲ 4.4%
Total assets€158,904within the sector's middle half▲ 6.9%€164,488within the sector's middle half▲ 3.5%€191,926within the sector's middle half▲ 16.7%€201,323within the sector's middle half▲ 4.9%€202,043within the sector's middle half▲ 0.4%
Debt€17,205▲ 12.2%€12,232▼ 28.9%€31,410▲ 157%€29,595▼ 5.8%€22,746▼ 23.1%
Working capital€40,359within the sector's middle half▲ 25.9%€51,176within the sector's middle half▲ 26.8%€55,229within the sector's middle half▲ 7.9%€66,516within the sector's middle half▲ 20.4%€73,595within the sector's middle half▲ 10.6%
Solvency89.2%above the sector's middle half▼ 0.5pp92.6%above the sector's middle half▲ 3.4pp83.6%above the sector's middle half▼ 8.9pp85.3%above the sector's middle half▲ 1.7pp88.7%above the sector's middle half▲ 3.4pp
Current ratio3.35within the sector's middle half▲ 0.245.27above the sector's middle half▲ 1.934.95above the sector's middle half▼ 0.334.96above the sector's middle half▲ 0.025.95above the sector's middle half▲ 0.99
Return on assets (ROA)11.6%within the sector's middle half▲ 7.3pp6.4%within the sector's middle half▼ 5.2pp4.3%within the sector's middle half▼ 2.1pp5.6%within the sector's middle half▲ 1.3pp3.7%within the sector's middle half▼ 1.8pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 28% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €202,043
Fixed assets
€113,595 ▼ 3.8%
Current assets
€88,448 ▲ 6.2%
Equity and liabilities €202,043
Equity
€179,298 ▲ 4.4%
Debt
€22,746 ▼ 23.1%
Debt's share of the balance-sheet total falls from 14.7% to 11.3%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
EBITDA
€17,625▼
2024 · €22,527
Cash flow
€12,318▼
2024 · €15,893
Debt to equity
0.13▼
2024 · 0.17
ROE
4.2%▼
2024 · 6.5%
Interest coverage
19.49▼
2024 · 19.65
Debt ≤ 1 year
€14,853▼
2024 · €16,782
Debt > 1 year
€7,593▼
2024 · €12,373
Income taxes
€4,402▼
2024 · €5,488
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €2,650 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €2,039 | €4,681 | €4,749 | ▲ 1.5% |
| Other operating charges640/8 | €1,106 | €1,175 | €1,441 | €1,791 | €1,155 | ▼ 35.5% |
| Gross operating margin9900 | €31,967 | €17,951 | €17,353 | €24,318 | €18,780 | ▼ 22.8% |
| Operating profit (loss)9901 | €30,861 | €16,776 | €13,873 | €17,846 | €12,876 | ▼ 27.9% |
| Financial income75/76B | - | - | €1 | €0 | - | - |
| Recurring financial income75 | - | - | €1 | €0 | - | - |
| Financial charges65/66B | €62 | €62 | €693 | €1,146 | €904 | ▼ 21.1% |
| Recurring financial charges65 | €62 | €62 | €693 | €1,146 | €904 | ▼ 21.1% |
| Profit (loss) for the period before taxes9903 | €30,799 | €16,713 | €13,181 | €16,700 | €11,971 | ▼ 28.3% |
| Income taxes67/77 | €12,369 | €6,157 | €4,921 | €5,488 | €4,402 | ▼ 19.8% |
| Profit (loss) for the period9904 | €18,430 | €10,556 | €8,261 | €11,212 | €7,569 | ▼ 32.5% |
| Profit (loss) for the period to be appropriated9905 | €18,430 | €10,556 | €8,261 | €11,212 | €7,569 | ▼ 32.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €158,904 | €164,488 | €191,926 | €201,323 | €202,043 | ▲ 0.4% |
| Fixed assets21/28 | €101,340 | €101,340 | €122,705 | €118,024 | €113,595 | ▼ 3.8% |
| Tangible fixed assets22/27 | - | - | €21,365 | €16,684 | €12,255 | ▼ 26.5% |
| Furniture and vehicles24 | - | - | €21,365 | - | €251 | - |
| Leasing and similar rights25 | - | - | - | €16,684 | €12,004 | ▼ 28.1% |
| Financial fixed assets28 | €101,340 | €101,340 | €101,340 | €101,340 | €101,340 | = |
| Current assets29/58 | €57,564 | €63,148 | €69,221 | €83,299 | €88,448 | ▲ 6.2% |
| Amounts receivable within one year40/41 | €33,638 | €30,646 | €27,621 | €27,621 | €39,418 | ▲ 42.7% |
| Trade receivables40 | €33,638 | €30,613 | €27,588 | €27,588 | €39,386 | ▲ 42.8% |
| Other amounts receivable41 | - | €33 | €33 | €33 | €33 | = |
| Cash at bank and in hand54/58 | €22,975 | €31,625 | €40,553 | €55,133 | €48,565 | ▼ 11.9% |
| Deferred charges and accrued income490/1 | €951 | €877 | €1,047 | €545 | €466 | ▼ 14.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €158,904 | €164,488 | €191,926 | €201,323 | €202,043 | ▲ 0.4% |
| Equity10/15 | €141,699 | €152,256 | €160,517 | €171,728 | €179,298 | ▲ 4.4% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €135,499 | €146,056 | €154,317 | €165,528 | €173,098 | ▲ 4.6% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | €1,860 | €1,860 | = |
| Distributable reserves133 | €133,639 | €144,196 | €154,317 | €163,668 | €171,238 | ▲ 4.6% |
| Amounts payable17/49 | €17,205 | €12,232 | €31,410 | €29,595 | €22,746 | ▼ 23.1% |
| Amounts payable after more than one year17 | - | - | €16,938 | €12,373 | €7,593 | ▼ 38.6% |
| Financial debts170/4 | - | - | €16,938 | €12,373 | €7,593 | ▼ 38.6% |
| Amounts payable within one year42/48 | €17,205 | €11,973 | €13,992 | €16,782 | €14,853 | ▼ 11.5% |
| Current portion of amounts payable after more than one year42 | - | - | €4,360 | €4,565 | €4,779 | ▲ 4.7% |
| Trade debts44 | €1,373 | €14 | €646 | €645 | €153 | ▼ 76.2% |
| Suppliers440/4 | €1,373 | €14 | €646 | €645 | €153 | ▼ 76.2% |
| Taxes, remuneration and social security45 | €13,751 | €10,329 | €7,489 | €9,275 | €7,388 | ▼ 20.3% |
| Taxes450/3 | €11,338 | €7,895 | €5,010 | €6,752 | €4,844 | ▼ 28.3% |
| Remuneration and social security454/9 | €2,414 | €2,434 | €2,479 | €2,523 | €2,544 | ▲ 0.8% |
| Other amounts payable47/48 | €2,081 | €1,630 | €1,497 | €2,297 | €2,532 | ▲ 10.2% |
| Accrued charges and deferred income492/3 | - | €260 | €480 | €440 | €299 | ▼ 32.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,430 | €10,556 | €8,261 | €11,212 | €7,569 | ▼ 32.5% |
| + Depreciation and write-downs630 | - | - | €2,039 | €4,681 | €4,749 | ▲ 1.5% |
| Operating cash flow (approximation) | €18,430 | €10,556 | €10,300 | €15,893 | €12,318 | ▼ 22.5% |
| Investment in fixed assets (approximation) | - | €0 | -€23,404 | €0 | -€320 | - |
| Change in cash | - | €8,650 | €8,928 | €14,580 | -€6,569 | ▼ 145% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
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3SA company
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VECTOR
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Lamcy
BE 1030.192.458
Ardooie · Eq €179,345
Of 82,687 companies in this sector we hold annual accounts for 52,635. 40,649 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Board & ownership
1 holding
Directors
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 30-09-2025 list no shareholders, and no other source names one.
Holdings 1
-
50%
According to the annual accounts to 30-09-2025 of TURBO and those 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 directors read yet: 0 of 4 Gazette acts processed.
Timeline
13 eventsLatest 30-04-2026Next filing 30-04-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
30-09
Financial
Equity above €150,000Eq €152,256 ▲7.4%
4 profitable years in a row build equity to €152,256.
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
30-09
Financial
Highest result since 2019net €18,430 ▲191%
Operating result €30,861, net result €18,430, both a record.
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €6,334 ▼49.9%
Net result drops to €6,334, the lowest in the series; recovery starts the following year.
23-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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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Company details
Private limited company · founded 30-01-2012Year ends 30-09Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded30-01-2012
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
62100Computer programming
63920Other information service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0843627014
Also
9925:BE0843627014
Registered
02-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Wetteren · 1 establishment unit since 2012
Ground area
244 m²
Building footprint
146 m²
Volume, LiDAR
1,182 m³
Parcel 42303F0089/00E003, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Korte Massemsesteenweg 36, 9230 Wetteren
since 2012unit no. 2.207.698.422
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42303F0089/00E003 | Flanders | 244 m² | 1 · 146 m² | 12.2 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.
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