Turtlee Green

Active

Non-profit associationfounded 20242 yrs activeAardekensweg 11, 2390 Malle, BelgiumKBO/BCE: BE 1007.614.224

Turtlee Green has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9k and a net result of €-610. Its solvency ranks better than 95% of 10345 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

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Checked score

Score 2025

62 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability21▲+20

Solvency100=

Growth44

Track record82

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days acceptable

cash: 4.6% of total assets, and 0% 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

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

−lowers risk+raises risk○neutral

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

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

Higher-failure-rate sector

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

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

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 2025

Solvency, return and age of the figures

Solvency

100%

Return on assets

-6.6%

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

30 d early

2024

29 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

23-09-2026 today31-12-2026 close31-07-2027 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, abbreviated schema

Turnover

€6k▼ 5.2%

2024 · €6k

2024: €6k

2024 → 2025

EBIT margin

-10.5%▲ 14.2pp

2024 · -24.7%

2024: -24.7%

2024 → 2025

Net result

€-610▲ 59.7%

2024 · €-2k

2024: €-2k

2024 → 2025

Working capital

€10k

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Turnover€6k-€6k▼ 5.2%

Equity€10k-€9k▼ 6.2%

Operating result€-2k-€-610▲ 59.7%

Net result€-2k-€-610▲ 59.7%

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

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €610 in 2025 against €2k in 2024; the loss shrinks.

Key figures and ratios

2025 value · change against 2024

Solvency

100.0%▲

2024 · 96.6%

ROE

-6.6%▲

2024 · -15.3%

ROA

-6.6%▲

2024 · -14.8%

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 · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€10k€9k▼

Current assets29/58€10k€9k▼

Stocks and contracts in progress3€9k€8k▼

Stocks30/36€9k€8k▼

Goods purchased for resale34€9k€8k▼

Contracts in progress37€0-

Amounts receivable within one year40/41€1k€795▼

Trade receivables40€1k€795▼

Cash at bank and in hand54/58-€430

Equity and liabilities

Total equity and liabilities10/49€10k€9k▼

Equity10/15€10k€9k▼

Contributions10/11€11k€11k=

Capital10€11k€11k=

Profit (loss) carried forward14€-2k€-2k▼

Amounts payable17/49€345-

Amounts payable within one year42/48€345-

Trade debts44€345-

Suppliers440/4€345-

Income statement Code20242025

Operating income70/76A€8k€13k▲

Turnover70€6k€6k▼

Other operating income74€507€715▲

Non-recurring operating income76A-€2k

Operating charges60/66A€9k€13k▲

Goods for resale, raw materials and consumables60€5k€2k▼

Purchases600/8€14k€1k▼

Change in stocks: decrease (increase)609€-9k€860▲

Services and other goods61€2k€3k▲

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€222

Other operating charges640/8€2k€8k▲

Operating profit (loss)9901€-2k€-610▲

Financial income75/76B€0-

Recurring financial income75€0-

Financial charges65/66B€0-

Recurring financial charges65€0-

Profit (loss) for the period before taxes9903€-2k€-610▲

Profit (loss) for the period9904€-2k€-610▲

Profit (loss) for the period to be appropriated9905€-2k€-610▲

Appropriation of the result

Profit (loss) to be appropriated9906€-2k€-2k▼

Profit (loss) brought forward from the previous period14P-€-2k

The notes to these accounts (7 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 2Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

01-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

02-07

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated 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, Malle

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.

Aardekensweg 112390 Malle

Ground area

797 m²

Building footprint

180 m²

Volume, LiDAR

1,002 m³

Parcel 11032B0238/00F002, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11032B0238/00F002	Flanders	797 m²	1 · 180 m²	8.6 m · 2 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.

Similar companies · same sector, comparable size

Of 12,959 companies in sector 47120 we hold annual accounts for 2,190. 1,200 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formNon-profit association

Founded26-03-2024

Fiscal year end31-12

Abbreviation NL TG

Activities, NACEBEL

47120Other non-specialised retail sale

47910Retail trade

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries

Website:turtleegreen.con

Enterprise

E-mail:info@turtleegreen.com

Enterprise