TURMS
ActiveSummary
The computed 12-month bankruptcy probability of TURMS is 4.3% (elevated). The 2025 annual accounts show negative equity (€-49k) and a net result of €-1k. Equity is shrinking by ~3% per year across the filed fiscal years. The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
4.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Age of the figures
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-49k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
7 d late
2024
61 d late
2023
30 d late
2022
45 d early
2021
12 d early
2020
19 d late
2019
30 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-1k▼ 17.2%
2024 · €-1k
Working capital
€-49k▼ 3.8%
2024 · €-47k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€-965▲ 4.6%€-1k▼ 33.3%€-2k▼ 82.8%€-1k▲ 52.1%€-1k▼ 16.6%
Net result€-1k▲ 3.5%€-1k▼ 29.6%€-2k▼ 87.5%€-1k▲ 52.1%€-1k▼ 17.2%
Equity€-43k▼ 2.5%€-44k▼ 3.1%€-46k▼ 5.7%€-48k▼ 2.6%€-49k▼ 2.9%
Total assets€223▲ 196%€229▲ 2.8%€267▲ 16.6%€178▼ 33.4%€139▼ 22.0%
Debt€43k▲ 2.8%€44k▲ 3.1%€47k▲ 5.7%€48k▲ 2.4%€49k▲ 2.9%
Working capital€-43k▼ 3.3%€-44k▼ 2.3%€-46k▼ 5.6%€-47k▼ 2.6%€-49k▼ 3.8%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2025 against €1k in 2024; the loss grows.
Key figures and ratios
Debt ≤ 1 year
€49k▲
2024 · €47k
Ratios withheld: a balance sheet total of €139 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €88 | €142 | €263 | €113 | €118 | ▲ 3.7% |
| Gross operating margin9900 | €-877 | €-1k | €-2k | €-1k | €-1k | ▼ 18.1% |
| Operating profit (loss)9901 | €-965 | €-1k | €-2k | €-1k | €-1k | ▼ 16.6% |
| Financial charges65/66B | €64 | €47 | €148 | €71 | €90 | ▲ 25.9% |
| Recurring financial charges65 | €64 | €47 | €148 | €71 | €90 | ▲ 25.9% |
| Profit (loss) for the period before taxes9903 | €-1k | €-1k | €-2k | €-1k | €-1k | ▼ 17.2% |
| Profit (loss) for the period9904 | €-1k | €-1k | €-2k | €-1k | €-1k | ▼ 17.2% |
| Profit (loss) for the period to be appropriated9905 | €-1k | €-1k | €-2k | €-1k | €-1k | ▼ 17.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €223 | €229 | €267 | €178 | €139 | ▼ 22.0% |
| Current assets29/58 | €223 | €229 | €267 | €178 | €139 | ▼ 22.0% |
| Cash at bank and in hand54/58 | €223 | €229 | €267 | €178 | €139 | ▼ 22.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €223 | €229 | €267 | €178 | €139 | ▼ 22.0% |
| Equity10/15 | €-43k | €-44k | €-46k | €-48k | €-49k | ▼ 2.9% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Profit (loss) carried forward14 | €-49k | €-50k | €-53k | €-54k | €-55k | ▼ 2.6% |
| Amounts payable17/49 | €43k | €44k | €47k | €48k | €49k | ▲ 2.9% |
| Amounts payable within one year42/48 | €43k | €44k | €46k | €47k | €49k | ▲ 3.7% |
| Trade debts44 | €508 | - | - | €605 | €2k | ▲ 165% |
| Suppliers440/4 | €508 | - | - | €605 | €2k | ▲ 165% |
| Other amounts payable47/48 | €42k | €44k | €46k | €47k | €48k | ▲ 1.6% |
| Accrued charges and deferred income492/3 | - | €348 | €384 | €387 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-1k | €-1k | €-2k | €-1k | €-1k | ▼ 17.2% |
| Operating cash flow (approximation) | €-1k | €-1k | €-2k | €-1k | €-1k | ▼ 17.2% |
| Change in cash | - | €6 | €38 | €-89 | €-39 | ▲ 56.2% |
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
Next filing, fiscal year 2026, expected by
2026
07-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 7 days late
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 61 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 19 days late
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 2004
Ground area
387 m²
Building footprint
213 m²
Volume, LiDAR
2,493 m³
2 parcels, Brussels · tallest building 16.8 m, ±5 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
TURMS
since 20042.142.389.807
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612D0340/00R000 | Brussels | 238 m² | 1 · 95 m² | 16.7 m · 5 fl. |
| 21612C0001/00F030 | Brussels | 150 m² | 1 · 119 m² | 16.8 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded07-04-2004
Fiscal year end31-12
Contact
Phone
02/374 04 04Ukkel
Scores and ratios are computed by Checked and are not a credit decision.