TURFPUT
ActiveSummary
TURFPUT has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €46,108 and a net result of -€2,749. Equity is shrinking by ~7.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).
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Signals
This company filed its last 6 accounts on average 36 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
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Peer companies
Historical observationOf the 12,304 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,304 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,149 | €3,940 | €3,497 | €3,497 | €3,497 | = |
| Other operating charges640/8 | - | €1,553 | €1,582 | €1,738 | €1,795 | ▲ 3.3% |
| Gross operating margin9900 | €2,825 | €3,119 | €1,991 | €2,648 | €2,551 | ▼ 3.7% |
| Operating profit (loss)9901 | -€9,867 | -€2,373 | -€3,088 | -€2,586 | -€2,741 | ▼ 6.0% |
| Financial income75/76B | - | €10 | €12 | €71 | €84 | ▲ 18.3% |
| Recurring financial income75 | €17 | €10 | €12 | €71 | €84 | ▲ 18.3% |
| Financial charges65/66B | - | €44 | €48 | €75 | €92 | ▲ 23.2% |
| Recurring financial charges65 | €3 | €44 | €48 | €75 | €92 | ▲ 23.2% |
| Profit (loss) for the period before taxes9903 | -€9,852 | -€2,407 | -€3,123 | -€2,590 | -€2,749 | ▼ 6.2% |
| Profit (loss) for the period9904 | -€9,852 | -€2,407 | -€3,123 | -€2,590 | -€2,749 | ▼ 6.2% |
| Profit (loss) for the period to be appropriated9905 | -€9,852 | -€2,407 | -€3,123 | -€2,590 | -€2,749 | ▼ 6.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €57,057 | €54,652 | €51,536 | €48,857 | €46,108 | ▼ 5.6% |
| Fixed assets21/28 | €32,020 | €28,081 | €24,584 | €21,087 | €17,590 | ▼ 16.6% |
| Tangible fixed assets22/27 | €31,500 | €27,561 | €24,064 | €20,567 | €17,070 | ▼ 17.0% |
| Land and buildings22 | - | €27,561 | €24,064 | €20,567 | €17,070 | ▼ 17.0% |
| Financial fixed assets28 | €520 | €520 | €520 | €520 | €520 | = |
| Current assets29/58 | €25,036 | €26,571 | €26,952 | €27,770 | €28,517 | ▲ 2.7% |
| Amounts receivable within one year40/41 | €3,758 | €3,758 | €3,758 | €4,306 | €4,599 | ▲ 6.8% |
| Trade receivables40 | - | - | - | €549 | €607 | ▲ 10.6% |
| Other amounts receivable41 | - | €3,758 | €3,758 | €3,758 | €3,992 | ▲ 6.2% |
| Cash at bank and in hand54/58 | €20,829 | €22,364 | €22,745 | €23,014 | €23,468 | ▲ 2.0% |
| Deferred charges and accrued income490/1 | - | €450 | €450 | €450 | €450 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €57,057 | €54,652 | €51,536 | €48,857 | €46,108 | ▼ 5.6% |
| Equity10/15 | €56,977 | €54,570 | €51,447 | €48,857 | €46,108 | ▼ 5.6% |
| Contributions10/11 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Capital10 | - | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Issued capital100 | - | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Reserves13 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Non-distributable reserves130/1 | - | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Legal reserve130 | - | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Profit (loss) carried forward14 | -€11,194 | -€13,601 | -€16,724 | -€19,314 | -€22,063 | ▼ 14.2% |
| Amounts payable17/49 | €80 | €82 | €90 | - | - | - |
| Amounts payable within one year42/48 | €80 | €82 | €90 | - | - | - |
| Trade debts44 | €80 | €82 | €90 | - | - | - |
| Suppliers440/4 | - | €82 | €90 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,852 | -€2,407 | -€3,123 | -€2,590 | -€2,749 | ▼ 6.2% |
| + Depreciation and write-downs630 | €11,149 | €3,940 | €3,497 | €3,497 | €3,497 | = |
| Operating cash flow (approximation) | €1,296 | €1,533 | €374 | €907 | €748 | ▼ 17.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €1,535 | €381 | €269 | €455 | ▲ 69.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
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.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24505F0950/00F000 | Flanders | 686 m² | 1 · 482 m² | 18.8 m · 5 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.