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TURK PETROL

Active
Private limited companyfounded 2018active for 8 yearsChaussée d'Anton 64, 5300 Andenne, BelgiumKBO/BCE: BE 0695.897.497
Summary

The computed 12-month bankruptcy probability of TURK PETROL is 6.1% (elevated). The 2025 annual accounts show negative equity (-€476,330) and a net result of -€179,312. Equity has been shrinking by about 27% per year since 2019. Its solvency ranks better than 5% of 12,777 sector peers (NACE 47, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 14-05-2018 Normal situation
Activity
Retail sale of automotive fuel NACE 47300and 2 others
Joint committee
201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 2025
Establishment unit
2.281.220.363 5300 Andenne, since 29-10-2018
Financial year end
31 December
Peppol
Reachable since 03-09-2025

Board and ownership

Board
  • IMOTURKDirector · since 29-10-2021 · permanent representative Nancy Decamp
Shareholders
  • IMOTURK· score 862025 annual accounts of IMOTURK

Financial position

33 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
6.1%
Annual accounts 2025
Gross margin
€149,786
▼ 30.1%
Turnover
≈ €860,000
estimated
Loss
€179,312
▲ 127%
Equity
-€476,330
▼ 60.4%
Total assets
€535,986
▲ 13.9%
Employees on 31-12-2025
5
=
  • Negative equity on 31-12-2025
  • 2025 accounts filed 14 days after the deadline
Net result -127%: other schema
Score breakdownraises riskNegative equity -€476,330Loss of €179,312, the second in a row (financial year 2025)Size: 6.4 FTE, total assets €535,986Sector: Retail trade (NACE 47)Show the evidence

Checked score

Score 2025
33 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 8% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 0=
equity -88.9% of total assets
Liquidity 6-3
short-term debt 118.6% · cash 5.0%
Profitability 0=
return on assets -33.5%
Bankruptcy probability within 12 months
6.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 3.4% 01-2025: 3.4%● unchanged vs 12-2024 02-2025: 3.4%● unchanged vs 01-2025 03-2025: 3.4%● unchanged vs 02-2025 04-2025: 3.4%● unchanged vs 03-2025 05-2025: 3.3%▼ -0.1 percentage points vs 04-2025 06-2025: 3.2%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 3.6%▲ +0.4 percentage points vs 06-2025 08-2025: 4.6%▲ +1.0 percentage point vs 07-2025 09-2025: 5.6%▲ +1.0 percentage point vs 08-2025 10-2025: 5.6%● unchanged vs 09-2025 11-2025: 5.6%● unchanged vs 10-2025 12-2025: 5.6%● unchanged vs 11-2025 01-2026: 6.0%▲ +0.4 percentage points vs 12-2025 02-2026: 5.9%▼ -0.1 percentage points vs 01-2026 03-2026: 5.8%▼ -0.1 percentage points vs 02-2026 04-2026: 5.8%● unchanged vs 03-2026 05-2026: 5.8%● unchanged vs 04-2026 06-2026: 5.5%▼ -0.3 percentage points vs 05-2026 07-2026: 6.1%▲ +0.6 percentage points vs 06-2026 08-2026: 6.8%▲ +0.7 percentage points vs 07-2026highest value 09-2026: 6.1%▼ -0.7 percentage points vs 08-2026 10-2026: 6.1%● unchanged vs 09-2026 11-2026: 6.1%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.26 (0.43 in 2024), below 1. Short-term debt is 118.6% and cash 5% of total assets. Equity is negative.
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 47, micro). It does better than 6% of them on solvency, 8% on liquidity, 6% on profitability and 9% on growth.

The bankruptcy probability was computed on 02-11-2026 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

Six signals.
raises risk
raises risk · Negative equity -€476,330
NBB · annual accounts
raises risk · Loss of €179,312, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Size: 6.4 FTE, total assets €535,986
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1920212222232425
2019 to 2025 · latest year -€476,330
raises risk · 2025 accounts filed 14 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 8 filings
Deviation from the deadline
2025
14 days late
2024
22 days late
2023
28 days late
2022
23 days late
2022
3 days early
2021
16 days late
2020
30 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 19 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 23 August (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€476,330 View
  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€179,312 View
  • Caution: Result fell in 2025different schema filed ▼ 127% View
  • Caution: Lower solvency than 95% of companies in retail tradesector median 36.6% · 12,777 companies -88.9% View

Recent changes

  1. · Gazette deed Permanent representative: Nancy DECAMP
  2. · Gazette deed 1 director appointed, 1 director resigningResignation: Nancy Decamp (director) · Appointment: IMOTURK (director) · Permanent representative: Nancy Decamp
  3. · Gazette deed Incorporation
All 13 events

Comparable companies

These companies have the same main activity as TURK PETROL: retail sale of automotive fuel (NACE 47300). They are comparable in size and age: total assets between €269,000 and €657,000, founded between 2013 and 2021.

CompanyTotal assetsGross margin
TURK PETROL Andenne€535,986€149,786
ILLYRICUM SACRUM Nivelles€312,985€162,696
RIZGAR Genk€485,790€244,358
BRACKMAN GROUP Péruwelz€431,775€153,569
FLV Invest Chièvres€494,376€299,709
LORIIK Namur€269,123€251,946
FLOEBO Manhay€657,204€137,408
Full comparison

Key facts about TURK PETROL

What is the company number of TURK PETROL?
The company number of TURK PETROL is 0695.897.497. The VAT number is the same number with BE in front: BE 0695.897.497.
Where is TURK PETROL based?
The registered office is at Chaussée d'Anton 64, 5300 Andenne.Company details
What does TURK PETROL do?
According to the KBO register, the main activity is retail sale of automotive fuel (NACE 47300).
What is the legal form of TURK PETROL?
The legal form of TURK PETROL is Private limited company (BV).
When was TURK PETROL founded?
TURK PETROL was founded on 14-05-2018.
Is TURK PETROL still active?
Yes, TURK PETROL is an active enterprise in the KBO register.
How many employees does TURK PETROL have?
TURK PETROL had an average of 6.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does TURK PETROL fall under?
In its 2025 annual accounts, TURK PETROL states joint committee 201 (Paritair Comité voor de zelfstandige kleinhandel).
What is the turnover of TURK PETROL?
The turnover in financial year 2025 is ≈ €860,000. This figure is estimated from the gross margin of €149,786 and 160 comparable companies (NACE 47). It probably lies between €540,000 and €1.5m. In financial year 2019 turnover was €81,412.
Is TURK PETROL profitable?
In financial year 2025, TURK PETROL made a loss of €179,312.
Where can I find the annual accounts of TURK PETROL?
TURK PETROL filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TURK PETROL due?
TURK PETROL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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