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TurboPayroll

Active
Public limited companyfounded 2025active for 1 yearBosstraat 67, 3560 Lummen, BelgiumKBO/BCE: BE 1020.519.083
Summary

The computed 12-month bankruptcy probability of TurboPayroll is 3.6% (moderate). The 2025 annual accounts show negative equity (-€72,389) and a net result of -€133,889. Its solvency ranks better than 5% of 313 sector peers (NACE 78, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Temporary employment agencies and other provision of personnel
NACE 78200
2 sites
Size
€71,195turnover 2025
Staff
1.6 FTE
Equity
-€72,389
Loss
-€133,889
Financial health
47 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.6%
Structure
Parent
Actief Interim · 100%
Auditor: Ernst & Young BedrijfsrevisorenAccounts 45 days early2 of 3 deeds read
Why 47raises riskNegative equity -€72,389Liquidity: current ratio 0.14lowers riskSector: Employment activities (NACE 78)Founded in 2025Show the evidence

Checked score

Score 2025
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 5% of its sector peers (NACE 78, micro)
Financial strength
Weak
Solvency 0
equity -53.9% of total assets
Liquidity 0
short-term debt 153.9%
Profitability 0
return on assets -99.6%
Bankruptcy probability, 12 months
3.6% Moderate
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.3% (1,370 companies, NACE 78, micro)
Last 24 months 03-2026: 1.0%lowest value 04-2026: 1.0%● unchanged vs 03-2026lowest value 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.1%▲ +0.1 percentage points vs 05-2026 07-2026: 3.2%▲ +2.1 percentage points vs 06-2026 08-2026: 3.4%▲ +0.2 percentage points vs 07-2026 09-2026: 3.4%● unchanged vs 08-2026 10-2026: 3.6%▲ +0.2 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.14; short-term debt: 153.9% 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 78, micro): better than 5% on solvency, 1% on liquidity and 7% on profitability.

The bankruptcy probability was computed on 10-10-2026 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 riskneutral
lowers risk · Sector: Employment activities (NACE 78)
KBO
raises risk · Negative equity -€72,389
NBB · annual accounts
raises risk · Liquidity: current ratio 0.14
NBB · annual accounts
lowers risk · Founded in 2025
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-06-2026, 45 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
45 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2025.
KBO publications · our coverage
  1. Appointment: Ernst & Young Bedrijfsrevisoren (statutory…Permanent representative: Olaf Janssen
  2. Annual accounts filedfinancial year 2025 · full…
  3. Resignation: M2M NV (managing director)Power of attorney

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€72,389 View
  • Caution: Among the weakest 5% on solvencysector median 33.3% · 313 companies -53.9% View
  • Controlled by Actief Interimultimately: Actief Holding 100% View
  • A director leftlatest change 31-01-2026 · 0 in office 1 left View

By topic

Financials

Financial year
2025
Turnover
€71,195
Loss
-€133,889
Solvency
-53.9%
Go to Financials

Company details

Sites
2
Legal form
Public limited company
Activity
Temporary employment agencies and other provision of personnelNACE 78200
Founded
27-02-2025
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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