TURBO TECH
ActiveSummary
The computed 12-month bankruptcy probability of TURBO TECH is 2.3% (moderate). The 2025 annual accounts show equity of €52,768 and a net result of €10,711. Equity has been growing by about 56% per year since 2023. Its solvency ranks better than 93% of 34,972 sector peers (NACE 43, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 18-04-2022 Normal situation
- Activity
- Plumbing work NACE 43221
- Financial year end
- 30 June
- Peppol
- Reachable since 07-01-2026
Board and ownership
- CHAOU MustafaDirector · since 18-04-2022
- CHAOU Mustafa100 sharesdeed of 20-04-2022
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.3%
- Gross margin
- €17,135
- ▼ 41.0%
- Turnover
- ≈ €150,000
- estimated
- Profit
- €10,711
- ▼ 47.1%
- Equity
- €52,768
- ▲ 25.5%
- Total assets
- €59,487
- ▲ 12.7%
- 2025 accounts filed 3 days after the deadline
Score breakdownraises risk1 change of registered office in 24 monthsFounded in 2022Size: total assets €59,487lowers riskLiquidity: current ratio 7.94, cash €18,259Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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). It does better than 90% of them on solvency, 85% on liquidity, 77% on profitability and 72% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 3 accounts on average 59 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Higher solvency than 92% of companies in specialised constructionsector median 46.7% · 34,972 companies 88.7% View
Recent changes
- · Gazette deed Amendment of the articlesGeneral meeting of 06-06-2025
- · Gazette deed Registered office moved from Zaventem to SchaerbeekNew registered office: Distelsstraat 20/B006, 1030 Schaarbeek · Previous registered office: Excelsiorlaan 85, 1930 Zaventem
- · Gazette deed IncorporationFounding capital of €5,000, 100 shares · Founder: CHAOU Mustafa · Appointment: CHAOU Mustafa (director)
Comparable companies
These companies have the same main activity as TURBO TECH: plumbing work (NACE 43221). They are comparable in size and age: total assets between €49,500 and €68,100, founded between 2021 and 2022.
| Company | Total assets | Gross margin |
|---|---|---|
| TURBO TECH Schaerbeek | €59,487 | €17,135 |
| WATERCHAUFF Charleroi | €54,401 | €16,331 |
| NESH Sint-Niklaas | €62,358 | €19,538 |
| ALEX OTLET Nassogne | €65,636 | €15,129 |
| Arno Vantongelen Herent | €68,072 | €17,231 |
| AD SERVICES Forest | €56,141 | €25,466 |
| Salazar-Rodriguez & Fils Watermael-Boitsfort | €49,518 | €26,637 |
Key facts about TURBO TECH
- What is the company number of TURBO TECH?
- The company number of TURBO TECH is 0784.904.204. The VAT number is the same number with BE in front: BE 0784.904.204.
- Where is TURBO TECH based?
- The registered office is at Distelsstraat 20, 1030 Schaerbeek.Company details
- What does TURBO TECH do?
- According to the KBO register, the main activity is plumbing work (NACE 43221).
- What is the legal form of TURBO TECH?
- TURBO TECH is a private limited company (BV).
- When was TURBO TECH founded?
- TURBO TECH was founded on 18-04-2022.
- Is TURBO TECH still active?
- Yes, TURBO TECH is an active enterprise in the KBO register.
- What is the turnover of TURBO TECH?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €17,135 and 36 comparable companies (NACE 43221). It probably lies between €120,000 and €320,000. It is a rough estimate.Financials
- Is TURBO TECH profitable?
- In financial year 2025, TURBO TECH made a profit of €10,711.
- Where can I find the annual accounts of TURBO TECH?
- TURBO TECH filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TURBO TECH due?
- TURBO TECH must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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