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Turbo Services

Active
Private limited companyfounded 2023active for 3 yearsIndustrieweg 4d, 2850 Boom, BelgiumKBO/BCE: BE 0803.431.994

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of Turbo Services is 3.9% (moderate). The 2025 annual accounts show negative equity (-€27,671) and a net result of -€32,555. Its solvency ranks better than 5% of 34,902 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 30-06-2023 Normal situation
Legal form
Private limited company
Registered office
Industrieweg 4d, 2850 Boom
Activity
Plumbing work NACE 43221and 5 others
Establishment unit
2.346.662.206 2850 Boom, since 30-06-2023
Financial year end
31 December
Peppol
Reachable since 01-09-2025

Who decides

Board

How it is doing

46 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.9%
Annual accounts 2025
Gross margin
-€30,150
Loss
€32,555
Equity
-€27,671
Total assets
€18,537
Turnover not published (micro format)2025 accounts filed 10 days late
Filed on 10-08-2026at the National Bank
Why 46raises riskFounded in 2023Liquidity: current ratio 0.39Sector: Specialised construction activities (NACE 43)lowers riskSize: total assets €18,537Show the evidence

Checked score

Score 2025
46 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 2% of its sector peers (NACE 43, micro)
Financial strength
Weak
Solvency 0
equity -149.3% of total assets
Liquidity 0
short-term debt 249.3%
Profitability 0
return on assets -175.6%
Bankruptcy probability, 12 months
3.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 2.4%lowest value 12-2024: 2.7%▲ +0.3 percentage points vs 11-2024 01-2025: 2.7%● unchanged vs 12-2024 02-2025: 3.0%▲ +0.3 percentage points vs 01-2025 03-2025: 3.0%● unchanged vs 02-2025 04-2025: 2.9%▼ -0.1 percentage points vs 03-2025 05-2025: 3.0%▲ +0.1 percentage points vs 04-2025 06-2025: 3.3%▲ +0.3 percentage points vs 05-2025 07-2025: 3.3%● unchanged vs 06-2025 08-2025: 3.3%● unchanged vs 07-2025 09-2025: 3.3%● unchanged vs 08-2025 10-2025: 3.3%● unchanged vs 09-2025 11-2025: 3.3%● unchanged vs 10-2025 12-2025: 3.3%● unchanged vs 11-2025 01-2026: 7.3%▲ +4.0 percentage points vs 12-2025highest value 02-2026: 7.3%● unchanged vs 01-2026highest value 03-2026: 7.2%▼ -0.1 percentage points vs 02-2026 04-2026: 7.2%● unchanged vs 03-2026 05-2026: 7.2%● unchanged vs 04-2026 06-2026: 7.2%● unchanged vs 05-2026 07-2026: 7.2%● unchanged vs 06-2026 08-2026: 7.2%● unchanged vs 07-2026 09-2026: 3.9%▼ -3.3 percentage points vs 08-2026 10-2026: 3.9%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.39, below 1; short-term debt: 249.3% 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 43, micro): better than 3% on solvency, 1% on liquidity and 4% on profitability.

The bankruptcy probability was computed on 31-10-2026 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).

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Signals

Six signals.
lowers riskraises risk
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €18,537
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.39
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
raises risk · 2025 accounts filed 10 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
10 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€27,671 View
  • Caution: Among the weakest 5% on solvencysector median 46.7% · 34,902 companies -149.3% View

Documents

Annual accounts at the NBB

Articles and registers

Key facts about Turbo Services

What is the company number of Turbo Services?
0803.431.994. In Belgium the VAT number is the company number with BE in front: BE 0803.431.994.
Where is Turbo Services based?
The registered office is at Industrieweg 4d, 2850 Boom.Company details
What does Turbo Services do?
According to the KBO register, the main activity is plumbing work (NACE 43221).
What is the legal form of Turbo Services?
Private limited company (BV).
When was Turbo Services founded?
On 30-06-2023.
Is Turbo Services still active?
Yes, Turbo Services is an active enterprise in the KBO register.
What is the turnover of Turbo Services?
The annual accounts for financial year 2025 state no turnover: the micro format does not require it.Financials
Is Turbo Services profitable?
In financial year 2025, Turbo Services made a loss of €32,555.
Where can I find the annual accounts of Turbo Services?
Turbo Services filed 1 annual account with the National Bank of Belgium, for financial year 2025.Annual accounts at the National Bank

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