Equity
-€9,570
Debts exceed assets in financial year 2025.
TURK
Lifetime
6 annual accounts with figures on one time axispeak €13,034 (2022)
€401▲ €8,570
lowest -€11,084 (2024)
-€209▲ €10,876
peak €4,582 (2022)
-€9,570▼ €209
€10,132▼ 17.1%
Board2 names since 2019
1 directorTÜRK Zeynep
Documentsfilings and deeds
28-07-20263 days before the deadline
2025micro format
Gross margin from -€8,169 to €401Loss of €209Debts from €12,222 to €10,132
Key points
from the 2025 annual accountsLosses
-€14,152 in three years
Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.
Investments
€1,784 4.9 × depreciation
Green is investment, beige is depreciation.
Filings
6 annual accounts 2 late
The 2022 accounts came latest: 29 days after the end of the period.
Board
1 joined · 1 left
Board changed. Latest change 01-10-2026 · 1 in office.
Position in the sector
-1700.9%
Lower solvency than 95% of companies in building services and landscaping. Sector median 40.5% · 5,728 companies.
Checked score
47
Fair
Financially stronger than 12% of micro companies in building services and landscaping (NACE 81)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.6% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.9% across 7,709 companies (NACE 81, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%
01-2025: 0.6%● unchanged vs 12-2024lowest value
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.7%▲ +0.1 percentage points vs 06-2025
08-2025: 1.1%▲ +0.4 percentage points vs 07-2025
09-2025: 1.5%▲ +0.4 percentage points vs 08-2025
10-2025: 1.5%● unchanged vs 09-2025
11-2025: 1.5%● unchanged vs 10-2025
12-2025: 1.5%● unchanged vs 11-2025
01-2026: 1.5%● unchanged vs 12-2025
02-2026: 1.5%● unchanged vs 01-2026
03-2026: 1.5%● unchanged vs 02-2026
04-2026: 1.5%● unchanged vs 03-2026
05-2026: 1.4%▼ -0.1 percentage points vs 04-2026
06-2026: 1.4%● unchanged vs 05-2026
07-2026: 1.5%▲ +0.1 percentage points vs 06-2026
08-2026: 2.3%▲ +0.8 percentage points vs 07-2026
09-2026: 2.3%● unchanged vs 08-2026
10-2026: 3.6%▲ +1.3 percentage points vs 09-2026highest value
11-2026: 3.6%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
1 change of registered office in 24 months
Negative equity -€9,570
Liquidity: current ratio 0.06
lowers risk
Size: total assets €563
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 81, micro). It does better than 3% of them on solvency, 1% on liquidity, 13% on profitability and 30% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.
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).
Comparable companies, two years later
In July 2024, 6,008 companies had the same profile as TURK has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of TURK itself: 3.6% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,008 companies, not a prediction for TURK. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
The balance sheet total is too small for a liquidity verdict. Equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year -€9,570
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 28-07-2026, 3 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
3 days early
2024
20 days late
2023
31 days early
2022
29 days late
2021
5 days early
2020
31 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 4 days before the deadline. In the sector (NACE 81), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved from Merchtem to Buggenhout
New registered office: Elzendreef 6, 9255 Buggenhout · Previous registered office: Sint Huybrechtstraat 4 B21, 1785 Merchtem · Resignation: ZEYNEP TURK (director) · General meeting of 25-09-2026 · Gazette deed
Registered office moved within Merchtem
New registered office: Sint Huybrechtstraat 4b bus 021 1785 Merchtem · Previous registered office: Ten Houte 20, 1785 Merchtem · General meeting of 20-10-2020 · Gazette deed
Incorporation
Founder: TÜRK Zeynep · Founding capital of €5,000, 100 shares · Appointment: TÜRK Zeynep (manager) · published on 17-04-2019 · Gazette deed
First establishment
Hof Ten Houte 20, Merchtem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TURK Buggenhout | €563 | €401 | -1700.9% | - |
| SONER ZEUGMA Blankenberge | €812 | -€1,611 | -2056.5% | - |
| SERTER Zelzate | €282 | -€836 | -1398.8% | - |
| ACH & CO Wemmel | €633 | €52 | -1.4% | - |
| RENOVAKDAG Antwerp | €641 | €1,125 | -419.9% | - |
| INVASTOP La Louvière | €288 | -€2,086 | -3549.6% | - |
| BATI FINITION Wezembeek-Oppem | €762 | -€1,120 | -669.2% | - |
These companies have the same main activity as TURK: general cleaning of buildings (NACE 81210). They are comparable in size and age: total assets between €282 and €812, founded between 2019 and 2023.
Official details
Source: KBO- Status
- Active since 15-04-2019Normal situation
- Activity
- General cleaning of buildingsNACE 81210
- Establishment unit
- 2.289.194.5551785 Merchtem, since 15-04-2019
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- ≈ €3,300estimated
- €563▼ 80.3%
- Filing
- Filed on 28-07-2026, 3 days before the end of the filing period
Insights on TURK
TURK files the micro format. That format states no turnover. The gross margin fell from €5,565 in 2020 to €401 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about TURK
- What is the company number of TURK?
- The company number of TURK is 0724.944.643. The VAT number is the same number with BE in front: BE 0724.944.643.
- Where is TURK based?
- The registered office is at Elzendreef 6, 9255 Buggenhout.Company details
- What does TURK do?
- According to the KBO register, the main activity is general cleaning of buildings (NACE 81210).
- What is the legal form of TURK?
- TURK is a private limited company (pre-2019) (BVBA).
- When was TURK founded?
- TURK was founded on 15-04-2019.
- 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 ≈ €3,300. This figure is estimated from the gross margin of €401 and 38 comparable companies (NACE 81210). It probably lies between €1,400 and €6,600. It is a rough estimate.Financials
- Is TURK profitable?
- In financial year 2025, TURK made a loss of €209.
- Where can I find the annual accounts of TURK?
- TURK filed 6 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
Next steps
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