TURPIN

Active

Private limited companyfounded 20242 yrs activeAlbert I laan 92, 8620 Nieuwpoort, BelgiumKBO/BCE: BE 1008.538.494

The computed 12-month bankruptcy probability of TURPIN is 4.0% (moderate). The 2025 annual accounts show equity of €108k and a net result of €88k. Its solvency ranks better than 58% of 13061 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

86 / 100

Excellent

The score combines four axes. Every signal that weighs is under Signals.

Axes

Profitability100

Solvency73

Growth-

Stability67

Bankruptcy probability, 12 months

4.0% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €9k at 30 days only on tighter terms

Liquidity ample (current ratio 1.53), but 60.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

39.3%

Return on assets

32%

Age of the figures

17 mo

Latest accounts filed on time

The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2025

2 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€108k

Total assets

€274k

Net result

€88k

Working capital

€65k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Assets €274k

31.5%

68.5%

Fixed assets €86k

Current assets €188k

Equity and liabilities €274k

39.3%

60.7%

Equity €108k

Debt €166k

Debt finances 60.7% of the balance-sheet total.

Key figures and ratios

2025 value

EBITDA

€129k

Cash flow

€108k

Solvency

39.3%

Current ratio

1.53

Quick ratio

1.34

Debt / equity

1.55

ROE

81.4%

ROA

32.0%

Interest coverage

99.66

Debt

€166k

Debt ≤ 1 year

€123k

Debt > 1 year

€37k

Income taxes

€20k

Staff costs

€83k

Filed annual accounts

As filed with the NBB · 2025

Balance sheet Code2025

Assets

Total assets20/58€274k

Fixed assets21/28€86k

Tangible fixed assets22/27€86k

Land and buildings22€6k

Plant, machinery and equipment23€52k

Furniture and vehicles24€28k

Current assets29/58€188k

Stocks and contracts in progress3€23k

Stocks30/36€23k

Amounts receivable within one year40/41€21k

Trade receivables40€13k

Other amounts receivable41€8k

Cash at bank and in hand54/58€143k

Deferred charges and accrued income490/1€601

Equity and liabilities

Total equity and liabilities10/49€274k

Equity10/15€108k

Contributions10/11€20k

Reserves13€88k

Distributable reserves133€88k

Amounts payable17/49€166k

Amounts payable after more than one year17€37k

Financial debts170/4€37k

Amounts payable within one year42/48€123k

Current portion of amounts payable after more than one year42€8k

Trade debts44€36k

Suppliers440/4€36k

Advances received on contracts in progress46€481

Taxes, remuneration and social security45€43k

Taxes450/3€34k

Remuneration and social security454/9€9k

Other amounts payable47/48€35k

Accrued charges and deferred income492/3€7k

Income statement Code2025

Remuneration, social security and pensions62€83k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k

Other operating charges640/8€2k

Gross operating margin9900€214k

Operating profit (loss)9901€109k

Financial income75/76B€368

Recurring financial income75€368

Financial charges65/66B€1k

Recurring financial charges65€1k

Profit (loss) for the period before taxes9903€108k

Income taxes67/77€20k

Profit (loss) for the period9904€88k

Profit (loss) for the period to be appropriated9905€88k

Appropriation of the result

Profit (loss) to be appropriated9906€88k

Transfer to equity691/2€88k

To other reserves6921€88k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 1Filings 1

2025

29-10

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

NBB filing

Directors · office · real estate

Directors

1 act for this company is 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, Nieuwpoort · 1 establishment unit since 2024

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Albert I laan 928620 Nieuwpoort

Ground area

541 m²

Building footprint

682 m²

Volume, LiDAR

11,584 m³

Parcel 38402D0239/00B000, Flanders · tallest building 24.1 m, ±6 floors. Linked by address, not a title deed.

1 establishment unit

TURPIN

Albert I laan 92, 8620 NieuwpoortFull-service restaurants

since 20242.359.154.024

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
38402D0239/00B000	Flanders	541 m²	1 · 682 m²	24.1 m · 6 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Nieuwpoort2.359.154.024

1 permission

Toelating · Eetgelegenheid · since 17-05-2024

Similar companies · same sector, comparable size

Heusden-Zolder · Eq €108k

Of 20,234 companies in sector 56111 we hold annual accounts for 11,312. 9,379 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded18-04-2024

Fiscal year end31-03

Activities, NACEBEL

56101Full-service restaurants

56111Full-service restaurants

Sources

Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.