TURK
ActiveSummary
TURK has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €251,823 and a net result of €10,196. Equity has been shrinking by about 5.1% per year since 2018. Its solvency ranks better than 79% of 642 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 23-11-1987 Normal situation
- Activity
- Performing arts by independent artists NACE 90201and 2 others
- Establishment unit
- 2.031.742.895 5100 Namur, since 10-12-1987
- Financial year end
- 31 December
- Peppol
- Reachable since 08-12-2025
Board and ownership
- LEONARD Karine Raymonde Lucienne GhislaineDirector
- LIEGEOIS Philippe Louis HubertDirector
- Philippe LiégeoisDirector · since 11-03-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €31,793
- ▼ 66.3%
- Turnover
- ≈ €91,000
- estimated
- Profit
- €10,196
- ▼ 76.4%
- Equity
- €251,823
- ▼ 13.7%
- Total assets
- €345,986
- ▼ 8.8%
- 2025 accounts filed 28 days after the deadline
Score breakdownraises riskLast filed accounts filed 28 days late; 2 of the last 3 accounts latelowers riskLiquidity: current ratio 2.77, cash €44,571, halvedFounded in 1987Sector: Arts creation and performing arts activities (NACE 90)Show the evidence
Checked score
Fewer than 1 in 1,000 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 90, micro). It does better than 73% of them on solvency, 47% on liquidity, 50% on profitability and 28% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 23 days after the deadline. In the sector (NACE 90), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
Comparable companies
These companies have the same main activity as TURK: performing arts by independent artists (NACE 90201). They are comparable in size and age: total assets between €293,000 and €441,000, founded between 1986 and 1994.
| Company | Total assets | Gross margin |
|---|---|---|
| TURK Namur | €345,986 | €31,793 |
| TIMING Lochristi | €361,851 | €36,864 |
| DOCTOR MUSIC PRODUCTION Sint-Gillis (bij-Brussel) | €436,739 | €36,541 |
| Fidello Lubbeek | €293,112 | €31,488 |
| ADAMS PRODUCTIONS Tienen | €361,478 | €24,688 |
| GARANCE FICTION Rixensart | €410,826 | €37,358 |
| AJ'L CONCEPT Genappe | €441,261 | €27,262 |
Key facts about TURK
- What is the company number of TURK?
- The company number of TURK is 0432.635.044. The VAT number is the same number with BE in front: BE 0432.635.044.
- Where is TURK based?
- The registered office is at Quatre Gros Sous(WP) 7, 5100 Namur.Company details
- What does TURK do?
- According to the KBO register, the main activity is performing arts by independent artists (NACE 90201).
- What is the legal form of TURK?
- The legal form of TURK is Public limited company (NV).
- When was TURK founded?
- TURK was founded on 23-11-1987.
- Is TURK still active?
- Yes, TURK is an active enterprise in the KBO register.
- What is the turnover of TURK?
- The turnover in financial year 2025 is ≈ €91,000. This figure is estimated from the gross margin of €31,793 and 35 comparable companies (NACE 90). It probably lies between €53,000 and €140,000. In financial year 2020 turnover was €99,485.Financials
- Is TURK profitable?
- In financial year 2025, TURK made a profit of €10,196.
- Where can I find the annual accounts of TURK?
- TURK filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TURK due?
- TURK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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