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TURPAL

Active
Private limited companyfounded 2021active for 5 yearsLeuvensesteenweg 57, 3200 Aarschot, BelgiumKBO/BCE: BE 0775.980.105

From the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of TURPAL is 4.8% (elevated). The 2024 annual accounts show equity of €15,486 and a net result of €2,251. The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 20-10-2021 Normal situation
Legal form
Private limited company
Registered office
Leuvensesteenweg 57, 3200 Aarschot
Activity
General construction of residential buildings NACE 41001and 7 others
Establishment unit
2.323.825.535 9140 Temse, since 01-11-2021
Financial year end
31 December
Peppol
Reachable since 25-02-2026

Board and ownership

Board

Financial position

38 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.8%
Annual accounts 2024
Gross margin
€5,985
▼ 25.4%
Turnover
≈ €46,000
estimated
Profit
€2,251
▲ 6.5%
Equity
€15,486
▲ 17.0%
Total assets
€161,508
▲ 7.8%
2025 accounts not filed, 93 days past the deadline
Filed on 24-08-2025PDF
Score breakdownraises riskFigures for financial year 2024 (filed on 28-08-2025)Founded in 20211 financial year not filed after the legal deadline; last filed accounts filed 24 days late; 1 of the last 3 accounts latelowers riskSize: total assets €161,508Show the evidence

Checked score

Score 2024
38 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 39% of micro companies without a NACE code
Financial strength · tick: 2023
Weak
Solvency 35+1
equity 9.6% of total assets
Liquidity 16+3
short-term debt 90.4% · cash 12.7%
Profitability 70-1
return on assets 1.4%
Bankruptcy probability within 12 months
4.8% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 7.9%highest value 12-2024: 7.9%● unchanged vs 11-2024highest value 01-2025: 7.8%▼ -0.1 percentage points vs 12-2024 02-2025: 7.8%● unchanged vs 01-2025 03-2025: 7.7%▼ -0.1 percentage points vs 02-2025 04-2025: 4.2%▼ -3.5 percentage points vs 03-2025 05-2025: 5.0%▲ +0.8 percentage points vs 04-2025 06-2025: 5.8%▲ +0.8 percentage points vs 05-2025 07-2025: 5.9%▲ +0.1 percentage points vs 06-2025 08-2025: 6.7%▲ +0.8 percentage points vs 07-2025 09-2025: 3.2%▼ -3.5 percentage points vs 08-2025 10-2025: 3.2%● unchanged vs 09-2025 11-2025: 3.2%● unchanged vs 10-2025 12-2025: 3.2%● unchanged vs 11-2025 01-2026: 3.2%● unchanged vs 12-2025 02-2026: 3.2%● unchanged vs 01-2026 03-2026: 2.2%▼ -1.0 percentage point vs 02-2026lowest value 04-2026: 2.2%● unchanged vs 03-2026 05-2026: 2.2%● unchanged vs 04-2026 06-2026: 2.4%▲ +0.2 percentage points vs 05-2026 07-2026: 2.4%● unchanged vs 06-2026 08-2026: 3.1%▲ +0.7 percentage points vs 07-2026 09-2026: 3.4%▲ +0.3 percentage points vs 08-2026 10-2026: 4.8%▲ +1.4 percentage points vs 09-2026
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.06 (1.06 in 2023), below the usual 1.5. Short-term debt is 90.4% and cash 12.7% of total assets. 90.4% of the assets are financed with debt and provisions.
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 (no NACE code, micro). It does better than 22% of them on solvency, 11% on liquidity, 50% on profitability and 74% on growth.

The bankruptcy probability was computed on 31-10-2026 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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Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €161,508
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed on 28-08-2025)
NBB · annual accounts
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 24 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 2 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 24 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-08-2025, 24 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 · 2 filings
Deviation from the deadline
2025
not filed
2024
24 days late
2023
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 2 accounts on average 28 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Documents

Annual accounts at the NBB

Articles and registers

Key facts about TURPAL

What is the company number of TURPAL?
The company number of TURPAL is 0775.980.105. The VAT number is the same number with BE in front: BE 0775.980.105.
Where is TURPAL based?
The registered office is at Leuvensesteenweg 57, 3200 Aarschot.Company details
What is the legal form of TURPAL?
The legal form of TURPAL is Private limited company (BV).
When was TURPAL founded?
TURPAL was founded on 20-10-2021.
Is TURPAL still active?
Yes, TURPAL is an active enterprise in the KBO register.
What is the turnover of TURPAL?
The turnover in financial year 2024 is ≈ €46,000. This figure is estimated from the gross margin of €5,985 and 6,330 comparable companies of the same size. It probably lies between €21,000 and €110,000. It is a rough estimate.Financials
Is TURPAL profitable?
In financial year 2024, TURPAL made a profit of €2,251.
Where can I find the annual accounts of TURPAL?
TURPAL filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

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