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TUUR

Active
Private limited companyfounded 2025active for 1 yearSteenstraat 90, 9420 Erpe-Mere, BelgiumKBO/BCE: BE 1018.510.985

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 13-07-2026 at the NBB

Turnover
≈ €230,000
Estimated: probably between €190,000 and €270,000
Total assets
€129,882
Net result
€102,635
Working capital
€106,973

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €129,882
Fixed assets €806
Current assets €129,076
Equity and liabilities €129,882
Equity €107,635
Debt €22,247
Debt's share of the balance-sheet total is 17.1%.
Key figures and ratios
2025 value
EBITDA
€132,993
Cash flow
€103,025
Current ratio
5.84
Debt to equity
0.21
ROE
95.4%
ROA
79.0%
Interest coverage
99.22
Debt ≤ 1 year
€22,103
Income taxes
€28,633

Comparable companies

These companies have the same main activity as TUUR: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €127,000 and €147,000, founded between 2024 and 2025.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
TUUR Erpe-Mere2025€129,882€107,635€133,432€102,6352025
Condel Gent2025€127,313€114,791€128,476€105,7842026
Vinaltho Beveren-Kruibeke-Zwijndrecht2024€143,165€105,648€135,578€107,4312025
V&S FoodTech Sint-Lievens-Houtem2025€142,589€101,275€130,959€97,1952025
Bureau Consulting, Advisory, Strategy Gent2025€135,048€98,424€119,595€93,4242025
NoZa Aalter2025€135,346€106,945€133,921€102,7782025
Virtus Nexus Sint-Niklaas2024€146,819€116,661€137,116€101,6612025

They were chosen from the 54,697 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 11,279 companies had the same profile as TUUR has now. Two years later, 0.7% had gone bankrupt and 96.6% were still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% was still going

That fits the bankruptcy probability of TUUR itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 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 3.0% 3.1%
10 5.6% 6.2%

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 11,279 companies, not a prediction for TUUR. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 37 lines

Source: Annual accounts 2025 at the NBB, filed on 13-07-2026.

Balance sheet Code2025
Assets
Total assets20/58€129,882
Fixed assets21/28€806
Tangible fixed assets22/27€806
Furniture and vehicles24€806
Current assets29/58€129,076
Amounts receivable within one year40/41€22,990
Trade receivables40€22,990
Cash at bank and in hand54/58€75,458
Deferred charges and accrued income490/1€30,628
Equity and liabilities
Total equity and liabilities10/49€129,882
Equity10/15€107,635
Contributions10/11€5,000
Reserves13€102,635
Distributable reserves133€102,635
Amounts payable17/49€22,247
Amounts payable within one year42/48€22,103
Trade debts44€952
Suppliers440/4€952
Taxes, remuneration and social security45€17,663
Taxes450/3€17,663
Other amounts payable47/48€3,487
Accrued charges and deferred income492/3€144
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€390
Other operating charges640/8€439
Gross operating margin9900€133,432
Operating profit (loss)9901€132,603
Financial income75/76B€6
Recurring financial income75€6
Financial charges65/66B€1,340
Recurring financial charges65€1,340
Profit (loss) for the period before taxes9903€131,269
Income taxes67/77€28,633
Profit (loss) for the period9904€102,635
Profit (loss) for the period to be appropriated9905€102,635
Appropriation of the result
Profit (loss) to be appropriated9906€102,635
Transfer to equity691/2€102,635
To other reserves6921€102,635

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€390
Other operating charges640/8€439
Gross operating margin9900€133,432
Operating profit (loss)9901€132,603
Financial income75/76B€6
Recurring financial income75€6
Financial charges65/66B€1,340
Recurring financial charges65€1,340
Profit (loss) for the period before taxes9903€131,269
Income taxes67/77€28,633
Profit (loss) for the period9904€102,635
Profit (loss) for the period to be appropriated9905€102,635
Line2025
Assets
Total assets20/58€129,882
Fixed assets21/28€806
Tangible fixed assets22/27€806
Furniture and vehicles24€806
Current assets29/58€129,076
Amounts receivable within one year40/41€22,990
Trade receivables40€22,990
Cash at bank and in hand54/58€75,458
Deferred charges and accrued income490/1€30,628
Equity and liabilities
Total equity and liabilities10/49€129,882
Equity10/15€107,635
Contributions10/11€5,000
Reserves13€102,635
Distributable reserves133€102,635
Amounts payable17/49€22,247
Amounts payable within one year42/48€22,103
Trade debts44€952
Suppliers440/4€952
Taxes, remuneration and social security45€17,663
Taxes450/3€17,663
Other amounts payable47/48€3,487
Accrued charges and deferred income492/3€144
Line2025
Profit (loss) for the period9904€102,635
+ Depreciation and write-downs630€390
Operating cash flow (approximation)€103,025

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 13-07-2026 2026-00286506 NBB

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