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 directorName after signing inVisible after signing in
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
Less equity than 80% of companies in retail trade. Sector median €40,895 · 25,288 companies.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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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
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0435792492
Amendment of the articles · Legal-form change · Resignations & appointments
Change of role: Hidden nameVisible after signing in, from manager to director · Name after signing inVisible after signing in 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
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
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.
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