TURTLE TECH
ActiveSummary
TURTLE TECH has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2,000 and a net result of €277. Its solvency ranks better than 17% of 17123 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes
Profitability61
Solvency38
Growth-
Track record67
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
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 2025Solvency, return and age of the figures
Solvency
13.2%
Return on assets
1.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 17123 sector peers (2025).
NBB · sector comparisonPosition among 17123 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
1 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2025, micro schema
Equity
€2,000
Total assets
€15,121
Net result
€277
Working capital
-€972
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €15,121
Fixed assets
€2,972
Current assets
€12,149
Equity and liabilities €15,121
Equity
€2,000
Debt
€13,121
Debt finances 86.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€7,422
Cash flow
€2,263
Current ratio
0.93
Debt to equity
6.56
ROE
13.8%
ROA
1.8%
Interest coverage
4.74
Debt ≤ 1 year
€13,121
Income taxes
€3,993
Annual accounts
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,986 |
| Other operating charges640/8 | €4,830 |
| Gross operating margin9900 | €12,253 |
| Operating profit (loss)9901 | €5,437 |
| Financial income75/76B | €399 |
| Recurring financial income75 | €399 |
| Financial charges65/66B | €1,566 |
| Recurring financial charges65 | €1,566 |
| Profit (loss) for the period before taxes9903 | €4,270 |
| Income taxes67/77 | €3,993 |
| Profit (loss) for the period9904 | €277 |
| Profit (loss) for the period to be appropriated9905 | €277 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €15,121 | |
| Fixed assets21/28 | €2,972 | |
| Tangible fixed assets22/27 | €2,947 | |
| Furniture and vehicles24 | €2,947 | |
| Financial fixed assets28 | €25 | |
| Current assets29/58 | €12,149 | |
| Amounts receivable within one year40/41 | €9,737 | |
| Trade receivables40 | €7,562 | |
| Other amounts receivable41 | €2,175 | |
| Cash at bank and in hand54/58 | €2,412 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €15,121 | |
| Equity10/15 | €2,000 | |
| Contributions10/11 | €2,000 | |
| Amounts payable17/49 | €13,121 | |
| Amounts payable within one year42/48 | €13,121 | |
| Trade debts44 | €2,986 | |
| Suppliers440/4 | €2,986 | |
| Taxes, remuneration and social security45 | €3,993 | |
| Taxes450/3 | €3,993 | |
| Other amounts payable47/48 | €6,143 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €277 |
| + Depreciation and write-downs630 | €1,986 |
| Operating cash flow (approximation) | €2,263 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Brugge · 1 establishment unit since 2024
Ground area
70 m²
Building footprint
61 m²
Volume, LiDAR
442 m³
Parcel 31805E0127/00C000, Flanders · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Turtle Tech
since 20242.358.072.572
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31805E0127/00C000 | Flanders | 70 m² | 1 · 61 m² | 11.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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BE 0753.801.945
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ICCLAD
BE 0758.679.164
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Of 16,901 companies in sector 62100 we hold annual accounts for 8,775. 1,602 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-04-2024
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
Scores and ratios are computed by Checked and are not a credit decision.