TURPAL
ActiveThe computed 12-month bankruptcy probability of TURPAL is 3.1% (moderate). The 2024 annual accounts show equity of €15k and a net result of €2k. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
71
/ 100
Healthy▲ +8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▼-7
Solvency19▲+1
Growth78
Stability94
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.06 against 1.06 in 2023), and 90.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
9.6%
Return on assets
1.4%
Age of the figures
20 mo
neutral · Filed after the deadline
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. 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
24 d late
2023
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€15k▲ 17.0%
2023 · €13k
2023: €13k
2023 → 2024
Total assets
€162k▲ 7.8%
2023 · €150k
2023: €150k
2023 → 2024
Net result
€2k▲ 6.5%
2023 · €2k
2023: €2k
2023 → 2024
Working capital
€9k▲ 11.2%
2023 · €8k
2023: €8k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€13k-€15k▲ 17.0%
Operating result€3k-€5k▲ 71.3%
Net result€2k-€2k▲ 6.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 71% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €162k
Fixed assets
€6k▲ 27.4%
Current assets
€155k▲ 7.1%
Equity and liabilities €162k
Equity
€15k▲ 17.0%
Debt
€146k▲ 6.9%
The debt ratio falls from 91.2% to 90.4%: equity grows faster than debt.
Key figures and ratios
EBITDA
€6k▲
2023 · €5k
Cash flow
€3k▼
2023 · €4k
Solvency
9.6%▲
2023 · 8.8%
Current ratio
1.06▲
2023 · 1.06
Quick ratio
0.78▼
2023 · 0.88
Debt / equity
9.43▼
2023 · 10.32
ROE
14.5%▼
2023 · 16.0%
ROA
1.4%▼
2023 · 1.4%
Interest coverage
38.70▼
2023 · 43.28
Debt
€146k▲
2023 · €137k
Debt ≤ 1 year
€146k▲
2023 · €137k
Income taxes
€2k▲
2023 · €529
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€150k€162k▲
Formation expenses20€0€0=
Fixed assets21/28€5k€6k▲
Tangible fixed assets22/27€1k€600▼
Furniture and vehicles24€1k€600▼
Financial fixed assets28€3k€5k▲
Current assets29/58€145k€155k▲
Stocks and contracts in progress3€25k€41k▲
Stocks30/36€25k€41k▲
Amounts receivable within one year40/41€104k€94k▼
Trade receivables40€99k€79k▼
Other amounts receivable41€6k€15k▲
Cash at bank and in hand54/58€15k€21k▲
Equity and liabilities
Total equity and liabilities10/49€150k€162k▲
Equity10/15€13k€15k▲
Contributions10/11€8k€8k=
Outside capital11€8k-
Other1109/19€8k-
Profit (loss) carried forward14€6k€8k▲
Amounts payable17/49€137k€146k▲
Amounts payable within one year42/48€137k€146k▲
Trade debts44€131k€109k▼
Suppliers440/4€131k€109k▼
Taxes, remuneration and social security45€2k€3k▲
Taxes450/3€2k€3k▲
Other amounts payable47/48€4k€34k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€869▼
Other operating charges640/8€1k€391▼
Non-recurring operating charges66A€2k-
Gross operating margin9900€8k€6k▼
Operating profit (loss)9901€3k€5k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€115€145▲
Recurring financial charges65€115€145▲
Profit (loss) for the period before taxes9903€3k€5k▲
Income taxes67/77€529€2k▲
Profit (loss) for the period9904€2k€2k▲
Profit (loss) for the period to be appropriated9905€2k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€8k▲
Profit (loss) brought forward from the previous period14P€4k€6k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 24 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
NBB filing
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
3 directors, last change in 2024
TSURCHADZJIEV Aslan
CurrentDirector · since 01-01-2024
01-01-2024
TSURCHADZJIEV Aslan: Appointed as Director
31-12-2023
BISOULTANOV Rizvan: Resigned as Director
15-11-2022
BISOULTANOV Rizvan: Appointed as Director
15-11-2022
Magomed KHASUMOV: Resigned as Director
Not every act has been read: a resignation may be missing here
3 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Aarschot · 1 establishment unit since 2021
Ground area
403 m²
Building footprint
261 m²
Volume, LiDAR
464 m³
2 parcels, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TURPAL
since 20212.323.825.535
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46302D1499/00H000 | Flanders | 310 m² | 1 · 183 m² | - |
| 24662F0058/00K003 | Flanders | 93 m² | 1 · 78 m² | 10.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-10-2021
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
49410Freight transport by road
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.