TURBO TECH
ActiveThe computed 12-month bankruptcy probability of TURBO TECH is 4.0% (moderate). The 2025 annual accounts show equity of €53k and a net result of €11k. Equity is growing by ~36.8% per year across the filed fiscal years. Its solvency ranks better than 92% of 27676 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▼-9
Solvency100=
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
4.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 7.94 against 4.08 in 2024; short-term debt: 11.3% and cash: 30.7% of total assets), and 11.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
18%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 03-02-2026, 3 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 · 3 filingsDeviation from the deadline
2025
3 d late
2024
4 d late
2023
169 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close20-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€53k▲ 25.5%
2024 · €42k
2023: €22k
2024: €42k
2023 → 2025
Total assets
€59k▲ 12.7%
2024 · €53k
2023: €27k
2024: €53k
2023 → 2025
Net result
€11k▼ 47.1%
2024 · €20k
2023: €17k
2024: €20k
2023 → 2025
Working capital
€47k▲ 41.4%
2024 · €33k
2023: €11k
2024: €33k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€22k-€42k▲ 93.0%€53k▲ 25.5%
Operating result€22k-€25k▲ 17.0%€13k▼ 48.9%
Net result€17k-€20k▲ 20.7%€11k▼ 47.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 49% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €59k
Fixed assets
€6k▼ 32.5%
Current assets
€53k▲ 22.1%
Equity and liabilities €59k
Equity
€53k▲ 25.5%
Debt
€7k▼ 37.3%
The debt ratio falls from 20.3% to 11.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€16k▼
2024 · €28k
Cash flow
€14k▼
2024 · €23k
Solvency
88.7%▲
2024 · 79.7%
Current ratio
7.94▲
2024 · 4.08
Quick ratio
7.94▲
2024 · 4.08
Debt / equity
0.13▼
2024 · 0.25
ROE
20.3%▼
2024 · 48.2%
ROA
18.0%▼
2024 · 38.4%
Interest coverage
92.35▼
2024 · 441.65
Debt
€7k▼
2024 · €11k
Debt ≤ 1 year
€7k▼
2024 · €11k
Income taxes
€2k▼
2024 · €5k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€53k€59k▲
Fixed assets21/28€9k€6k▼
Tangible fixed assets22/27€9k€6k▼
Furniture and vehicles24€9k€6k▼
Current assets29/58€44k€53k▲
Amounts receivable within one year40/41€32k€35k▲
Trade receivables40€29k€33k▲
Other amounts receivable41€3k€2k▼
Cash at bank and in hand54/58€11k€18k▲
Equity and liabilities
Total equity and liabilities10/49€53k€59k▲
Equity10/15€42k€53k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€37k€48k▲
Amounts payable17/49€11k€7k▼
Amounts payable within one year42/48€11k€7k▼
Trade debts44€295€4k▲
Suppliers440/4€295€4k▲
Taxes, remuneration and social security45€10k€3k▼
Taxes450/3€10k€3k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€765€1k▲
Gross operating margin9900€29k€17k▼
Operating profit (loss)9901€25k€13k▼
Financial income75/76B€0€36▲
Recurring financial income75€0€36▲
Financial charges65/66B€64€173▲
Recurring financial charges65€64€173▲
Profit (loss) for the period before taxes9903€25k€13k▼
Income taxes67/77€5k€2k▼
Profit (loss) for the period9904€20k€11k▼
Profit (loss) for the period to be appropriated9905€20k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€37k€48k▲
Profit (loss) brought forward from the previous period14P€17k€37k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
30-06
Financial
Weakest financial yearnet €11k ▼47.1%
Net result drops to €11k, the lowest in the series.
04-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 169 days late
30-06
Financial
Highest result since 2023net €20k ▲20.7%
Operating result €25k, net result €20k, both a record.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Schaarbeek
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.
Distelsstraat 201030 SchaarbeekGround area
470 m²
Building footprint
121 m²
Volume, LiDAR
2,044 m³
Parcel 21904B0458/00X004, Brussels · tallest building 19.9 m, ±6 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21904B0458/00X004 | Brussels | 470 m² | 1 · 121 m² | 19.9 m · 6 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.
Similar companies · same sector, comparable size
SANIVATIE
BE 1025.900.902
Dendermonde · Eq €53k
BOUW & TECHNIEKEN
BE 0879.642.718
Gavere · Eq €53k
Verbo Installaties en Interieur
BE 0794.464.741
Kontich · Eq €53k
Mensaert Ian Enterprise
BE 0805.858.479
Ichtegem · Eq €53k
De Koster Technics
BE 1005.899.502
Opwijk · Eq €53k
Of 7,042 companies in sector 43221 we hold annual accounts for 3,468. 2,971 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-04-2022
Fiscal year end30-06
Activities, NACEBEL
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.