TURNING POINT
ActiveSummary
TURNING POINT has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €158,648 and a net result of €105,413. Equity is growing by ~24.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+98
Solvency88▲+24
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity ample (current ratio 2.61 against 0.8 in 2024; short-term debt: 36.8% and cash: 96.2% of total assets), and 36.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
63.2%
Return on assets
42%
Age of the figures
9 mo
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
27 d early
2023
40 d early
2022
3 d early
2021
16 d early
2020
43 d early
2019
42 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 28 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 (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. Usually files around 6 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€158,648▲ 198%
2024 · €53,235
Total assets
€251,102▲ 82.0%
2024 · €137,996
Net result
€105,413
2024 · -€18,059
Working capital
€149,165
2024 · -€17,047
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€32,953▲ 96.9%€19,018▼ 42.3%-€10,367-€17,707▼ 70.8%€139,673
Net result€26,484▲ 123%€10,682▼ 59.7%-€13,846-€18,059▼ 30.4%€105,413
Equity€74,458▲ 55.2%€85,139▲ 14.3%€71,294▼ 16.3%€53,235▼ 25.3%€158,648▲ 198%
Total assets€178,014▲ 9.8%€176,349▼ 0.9%€161,300▼ 8.5%€137,996▼ 14.4%€251,102▲ 82.0%
Debt€103,556▼ 9.2%€91,210▼ 11.9%€90,006▼ 1.3%€84,761▼ 5.8%€92,454▲ 9.1%
Working capital-€19,370▲ 62.7%€1,049-€669-€17,047▼ 2,449%€149,165
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €139,673 after a loss of €17,707 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €251,102
Fixed assets
€9,483 ▼ 86.5%
Current assets
€241,619 ▲ 257%
Equity and liabilities €251,102
Equity
€158,648 ▲ 198%
Debt
€92,454 ▲ 9.1%
Debt's share of the balance-sheet total falls from 61.4% to 36.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€141,357▲
2024 · -€11,189
Cash flow
€107,097▲
2024 · -€11,541
Current ratio
2.61▲
2024 · 0.80
Debt to equity
0.58▼
2024 · 1.59
ROE
66.4%▲
2024 · -33.9%
ROA
42.0%▲
2024 · -13.1%
Interest coverage
21.68▲
2024 · -273.18
Debt ≤ 1 year
€92,454▲
2024 · €84,761
Income taxes
€30,974▲
2024 · €310
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 31,370 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €158,501 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,313 | €12,628 | €12,399 | €6,518 | €1,684 | ▼ 74.2% |
| Other operating charges640/8 | €2,503 | €2,389 | €3,077 | €3,084 | €1,732 | ▼ 43.8% |
| Gross operating margin9900 | €46,769 | €34,035 | €5,109 | -€8,106 | €143,089 | ▲ 1,865% |
| Operating profit (loss)9901 | €32,953 | €19,018 | -€10,367 | -€17,707 | €139,673 | ▲ 889% |
| Financial income75/76B | €0 | €48 | €1,729 | €0 | €3,235 | ▲ 16,174,950% |
| Recurring financial income75 | €0 | €48 | €1,729 | €0 | €3,235 | ▲ 16,174,950% |
| Financial charges65/66B | €4,264 | €3,791 | €4,878 | €41 | €6,521 | ▲ 15,822% |
| Recurring financial charges65 | €4,264 | €3,791 | €4,878 | €41 | €6,521 | ▲ 15,822% |
| Profit (loss) for the period before taxes9903 | €28,689 | €15,275 | -€13,516 | -€17,748 | €136,386 | ▲ 868% |
| Income taxes67/77 | €2,206 | €4,594 | €329 | €310 | €30,974 | ▲ 9,883% |
| Profit (loss) for the period9904 | €26,484 | €10,682 | -€13,846 | -€18,059 | €105,413 | ▲ 684% |
| Profit (loss) for the period to be appropriated9905 | €26,484 | €10,682 | -€13,846 | -€18,059 | €105,413 | ▲ 684% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €178,014 | €176,349 | €161,300 | €137,996 | €251,102 | ▲ 82.0% |
| Fixed assets21/28 | €98,048 | €87,840 | €76,800 | €70,282 | €9,483 | ▼ 86.5% |
| Tangible fixed assets22/27 | €98,048 | €87,840 | €76,800 | €70,282 | €9,483 | ▼ 86.5% |
| Land and buildings22 | €92,639 | €82,868 | €73,097 | €68,999 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | €2,436 | €1,565 | €695 | - | €1,500 | - |
| Furniture and vehicles24 | €2,973 | €3,407 | €3,008 | €1,282 | €7,983 | ▲ 522% |
| Current assets29/58 | €79,966 | €88,509 | €84,500 | €67,714 | €241,619 | ▲ 257% |
| Amounts receivable after more than one year29 | - | €50,000 | €40,000 | - | - | - |
| Other amounts receivable291 | - | €50,000 | €40,000 | - | - | - |
| Amounts receivable within one year40/41 | €2,112 | €3,638 | €726 | €384 | €0 | ▼ 100% |
| Trade receivables40 | €472 | €149 | €484 | - | - | - |
| Other amounts receivable41 | €1,640 | €3,489 | €243 | €384 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €77,854 | €33,570 | €42,456 | €66,828 | €241,619 | ▲ 262% |
| Deferred charges and accrued income490/1 | - | €1,300 | €1,317 | €502 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €178,014 | €176,349 | €161,300 | €137,996 | €251,102 | ▲ 82.0% |
| Equity10/15 | €74,458 | €85,139 | €71,294 | €53,235 | €158,648 | ▲ 198% |
| Contributions10/11 | €128,600 | €128,600 | €128,600 | €128,600 | €128,600 | = |
| Reserves13 | - | - | - | - | €30,048 | - |
| Distributable reserves133 | - | - | - | - | €30,048 | - |
| Profit (loss) carried forward14 | -€54,142 | -€43,461 | -€57,306 | -€75,365 | €0 | ▲ 100% |
| Amounts payable17/49 | €103,556 | €91,210 | €90,006 | €84,761 | €92,454 | ▲ 9.1% |
| Amounts payable within one year42/48 | €99,336 | €87,460 | €85,169 | €84,761 | €92,454 | ▲ 9.1% |
| Trade debts44 | €559 | €1,984 | €230 | - | €966 | - |
| Suppliers440/4 | €559 | €1,984 | €230 | - | €966 | - |
| Taxes, remuneration and social security45 | €0 | - | €676 | €800 | €5,484 | ▲ 585% |
| Taxes450/3 | €0 | - | €676 | €800 | €5,484 | ▲ 585% |
| Other amounts payable47/48 | €98,776 | €85,476 | €84,263 | €83,961 | €86,004 | ▲ 2.4% |
| Accrued charges and deferred income492/3 | €4,220 | €3,750 | €4,838 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,484 | €10,682 | -€13,846 | -€18,059 | €105,413 | ▲ 684% |
| + Depreciation and write-downs630 | €11,313 | €12,628 | €12,399 | €6,518 | €1,684 | ▼ 74.2% |
| Operating cash flow (approximation) | €37,797 | €23,310 | -€1,446 | -€11,541 | €107,097 | ▲ 1,028% |
| Investment in fixed assets (approximation) | - | -€2,421 | -€1,359 | €0 | €59,115 | - |
| Change in cash | - | -€44,284 | €8,886 | €24,372 | €174,791 | ▲ 617% |
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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €105,413
Net result €105,413 after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 2.61
Current ratio from 0.80 to 2.61.
31-12
Financial
Equity above €150,000Eq €158,648 ▲198%
Equity rises from €53,235 to €158,648.
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€18,059
Net result drops to -€18,059, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Antwerpen · 1 establishment unit since 2003
Ground area
5,769 m²
Building footprint
1,005 m²
Volume, LiDAR
10,233 m³
Parcel 11803C2464/00A000, Flanders · tallest building 35.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Turning Point
since 20032.133.858.359
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11803C2464/00A000 | Flanders | 5,769 m² | 1 · 1,005 m² | 35.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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
Founded26-09-2003
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0860737319
Also
9925:BE0860737319
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.