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TURQUOISE

Active Private limited companyfounded 1988active for 38 yearsCh.de la Planche de Pierre 19, 7812 AthKBO/BCE: BE 0435.792.492

Lifetime

20 annual accounts with figures on one time axis, 37 filings since 1989
peak €19,180 (2019)
€6,655▼ 44.6%
lowest -€17,147 (2013)
€1,869▼ 80.3%
peak €19,628 (2006)
-€4,205▲ €1,869
€75,564▲ 83.9%
Board1 name since 2023
1 director
Documentsfilings and deeds
23-06-202638 days before the deadline
2025micro format
Gross margin from €12,015 to €6,655Result from €9,509 to €1,869Equity from -€6,074 to -€4,205Debts from €41,088 to €75,564Investments €30,567Cash from €3,208 to €4,427

Key points

from the 2025 annual accounts

Equity

-€4,205
202020212022202320242025

Debts exceed assets in financial year 2025.

Profit

7 years
20182019202020212022202320242025

7 profitable years in a row. Profit 2025: €1,869, mostly one-off.

Turnover

≈ €70,000 estimated

The accounts state no turnover.

Debts

€75,564 106% of the balance sheet
Financial debts 40%Suppliers 0%Taxes and wages 1%Other 59%

Of this, €45,214 falls due within a year.

Filings

37 annual accounts since 1989
AprilJune31 JulyOctober1990200020102020

The last five annual accounts were filed 38 to 72 days before the end of the period.

Position in the sector

-€4,205

Less equity than 80% of companies in retail trade. Sector median €40,895 · 25,288 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,451 companies had the same profile as TURQUOISE has now. Each dot stands for 4 companies, two years later.

92.2%
were still trading
4.8%
stopped another way
2.5%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a profit under 5% of the balance sheet

Another 0.5% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,451 companies, not a prediction for TURQUOISE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director
  • all the sharesdeed of 24-03-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0435792492
Amendment of the articles · Legal-form change · Resignations & appointments Change of role: , from manager to director · holds all the shares · Legal-form conversion: to private limited company (pre-2019) · General meeting of 13-03-2023 · Gazette deed
First establishment Ch.de la Planche de Pierre 19, Ath
Incorporation published on 13-12-1988 · Gazette deed
All 45 events

Comparable companies

same main activity, similar in size and age
Company
TURQUOISE Ath €71,359 €6,655 -5.9% -
SAPIR TRADING Antwerp €49,288 €5,665 -182.1% -
Caner Brussels €48,021 €4,929 77.6% -
DOMAINE DE LA MOREPIRE Bertrix €44,420 €5,852 18.8% -
EUROPEAN UNION OF GOLD Brussels €41,527 €9,499 86.9% -
PRISMA COLOR Wemmel €55,752 €10,350 45.6% -
A.M.Y. FASHION ACCESSORIES Wanze €59,706 €9,665 -315.5% -

These companies have the same main activity as TURQUOISE: retail sale of souvenirs and religious articles (NACE 47784). They are comparable in size and age: total assets between €41,500 and €59,700, founded between 1989 and 2001.

Official details

Source: KBO
Status
Active since 05-10-1988Normal situation
Activity
Retail sale of souvenirs and religious articlesNACE 47784and 1 other
Establishment unit
2.040.976.6047812 Ath, since 23-11-1999
Financial year end
31 December
Peppol
Reachable since 04-12-2025
Company details

Annual accounts 2025

€71,359▲ 104%
Filing
Filed on 23-06-2026, 38 days before the end of the filing period
Financials

Insights on TURQUOISE

TURQUOISE files the micro format. That format states no turnover. The gross margin fell from €6,862 in 2006 to €6,655 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about TURQUOISE

What is the company number of TURQUOISE?
The company number of TURQUOISE is 0435.792.492. The VAT number is the same number with BE in front: BE 0435.792.492.
Where is TURQUOISE based?
The registered office is at Ch.de la Planche de Pierre 19, 7812 Ath.Company details
What does TURQUOISE do?
According to the KBO register, the main activity is retail sale of souvenirs and religious articles (NACE 47784).
What is the legal form of TURQUOISE?
TURQUOISE is a private limited company (BV).
When was TURQUOISE founded?
TURQUOISE was founded on 05-10-1988.
Is TURQUOISE still active?
Yes, TURQUOISE is an active enterprise in the KBO register.
What is the turnover of TURQUOISE?
The turnover in financial year 2025 is ≈ €70,000. This figure is estimated from the gross margin of €6,655 and 118 comparable companies (NACE 477). It probably lies between €25,000 and €150,000. It is a rough estimate.Financials
Is TURQUOISE profitable?
In financial year 2025, TURQUOISE made a profit of €1,869.
Where can I find the annual accounts of TURQUOISE?
TURQUOISE filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TURQUOISE due?
TURQUOISE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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