TURTLE is a wholesaler in Vorst. Private Limited, started on 20 October 2014, 2 establishments.

What is the address of TURTLE?

The registered office of TURTLE is located at Luitenant Lotinstraat 40, 1190 Vorst.

Is TURTLE still active?

Yes. According to the CBE (31 October 2026) TURTLE is active, legal situation “Normale toestand”, started on 20 October 2014.

Is TURTLE registered on Peppol?

Yes, TURTLE is registered on the Peppol network with ID 0208:0564842975.

What is the enterprise number of TURTLE?

The enterprise number of TURTLE is BE0564842975.

When was TURTLE founded?

TURTLE was founded on 20 October 2014.

Who are the directors of TURTLE?

According to the 2025 annual accounts, the directors of TURTLE are: Laurence Meeùs, Thilo von Trott zu Solz.

Is TURTLE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 20 October 2014; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 2 establishments in the CBE.

How much profit did TURTLE make in 2025?

TURTLE recorded a loss after taxes of € 359,103 in financial year 2025.

What is the revenue of TURTLE?

As a small company, TURTLE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -25,079.

How much does an employee at TURTLE earn?

The average wage cost per full-time employee at TURTLE was € 54,900 in 2025: staff costs of € 280,059 for 5.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does TURTLE have?

According to the 2025 annual accounts, TURTLE has 5.1 full-time equivalents (FTE).

TURTLE (Private Limited) - Vorst - BE0564842975

Dossier TURTLE, printed on 31 October 2026 from databakkes.be/en/0564842975/turtle. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 1 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 53 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

TURTLE from Vorst, company number BE0564842975, closed financial year 2025 with a result of € -359,103 after tax. For that financial year TURTLE recorded a gross margin of € -25,079 and equity of € -222,109. Compared with financial year 2024, the result moved from € -226,858 to € -359,103. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 16, 2026.

What it is worth Caution

€ -222,109

▼ € 359,103 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -359,103

▼ 58 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 43,392

▼ 47% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -889,131.

People and assets in 2025

Full-time equivalents

5.1

▲ 1.8 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 280,059

▲ 153% vs 2024

€ 54,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 65,549

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 798,203

▲ 27% vs 2024

€ 216,619 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 714,656

▲ 94% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 30,222

▲ 139% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 63,104 Gross margin 2022: € 63,104 First fiscal year in the series	€ -74,006 Gross margin 2023: € -74,006 ▼ € 137,110 vs 2022 (€ 63,104) Unfavourable step	€ -83,087 Gross margin 2024: € -83,087 ▼ € 9,081 vs 2023 (€ -74,006) Unfavourable step	€ -25,079 Gross margin 2025: € -25,079 ▲ € 58,008 vs 2024 (€ -83,087) Favourable step	▲ € 58,008
Profit after taxes	€ 5,672 Profit after taxes 2022: € 5,672 First fiscal year in the series	€ -175,148 Profit after taxes 2023: € -175,148 ▼ € 180,820 vs 2022 (€ 5,672) Unfavourable step	€ -226,858 Profit after taxes 2024: € -226,858 ▼ € 51,710 vs 2023 (€ -175,148) Unfavourable step	€ -359,103 Profit after taxes 2025: € -359,103 ▼ € 132,245 vs 2024 (€ -226,858) Unfavourable step	▼ € 132,245
Equity	€ 284,424 Equity 2022: € 284,424 First fiscal year in the series	€ 109,276 Equity 2023: € 109,276 ▼ 62% vs 2022 (€ 284,424) Unfavourable step	€ 136,994 Equity 2024: € 136,994 ▲ 25% vs 2023 (€ 109,276) Favourable step	€ -222,109 Equity 2025: € -222,109 ▼ € 359,103 vs 2024 (€ 136,994) Unfavourable step	▼ € 359,103
Total debts	€ 478,473 Total debts 2022: € 478,473 First fiscal year in the series	€ 778,494 Total debts 2023: € 778,494 ▲ 63% vs 2022 (€ 478,473) Unfavourable step	€ 1,010,393 Total debts 2024: € 1,010,393 ▲ 30% vs 2023 (€ 778,494) Unfavourable step	€ 1,543,641 Total debts 2025: € 1,543,641 ▲ 53% vs 2024 (€ 1,010,393) Unfavourable step	▲ 53%
Cash	€ 334,111 Cash 2022: € 334,111 First fiscal year in the series	€ 78,161 Cash 2023: € 78,161 ▼ 77% vs 2022 (€ 334,111) Unfavourable step	€ 82,313 Cash 2024: € 82,313 ▲ 5% vs 2023 (€ 78,161) Favourable step	€ 43,392 Cash 2025: € 43,392 ▼ 47% vs 2024 (€ 82,313) Unfavourable step	▼ 47%
Retained profit	€ -128,022 Retained profit 2022: € -128,022 First fiscal year in the series	€ -303,170 Retained profit 2023: € -303,170 ▼ € 175,148 vs 2022 (€ -128,022) Unfavourable step	€ -530,028 Retained profit 2024: € -530,028 ▼ € 226,858 vs 2023 (€ -303,170) Unfavourable step	€ -889,131 Retained profit 2025: € -889,131 ▼ € 359,103 vs 2024 (€ -530,028) Unfavourable step	▼ € 359,103
Bank debt	€ 402,842 Bank debt 2022: € 402,842 First fiscal year in the series	€ 388,894 Bank debt 2023: € 388,894 ▼ 3% vs 2022 (€ 402,842) Favourable step	€ 629,157 Bank debt 2024: € 629,157 ▲ 62% vs 2023 (€ 388,894) Unfavourable step	€ 798,203 Bank debt 2025: € 798,203 ▲ 27% vs 2024 (€ 629,157) Unfavourable step	▲ 27%
Balance sheet total	€ 762,897 Balance sheet total 2022: € 762,897 First fiscal year in the series	€ 887,770 Balance sheet total 2023: € 887,770 ▲ 16% vs 2022 (€ 762,897) Unchanged	€ 1,147,387 Balance sheet total 2024: € 1,147,387 ▲ 29% vs 2023 (€ 887,770) Unchanged	€ 1,321,532 Balance sheet total 2025: € 1,321,532 ▲ 15% vs 2024 (€ 1,147,387) Unchanged	▲ 15%
Employees (FTE)	0.9 Employees (FTE) 2022: 0.9 First fiscal year in the series	1.5 Employees (FTE) 2023: 1.5 ▲ 0.6 vs 2022 (0.9) Unchanged	3.3 Employees (FTE) 2024: 3.3 ▲ 1.8 vs 2023 (1.5) Unchanged	5.1 Employees (FTE) 2025: 5.1 ▲ 1.8 vs 2024 (3.3) Unchanged	▲ 1.8

Key figures of TURTLE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to TURTLE?

What happened at TURTLE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 26, 2026 New establishment in Bornem. KBO
Jun 16, 2026 New annual accounts for financial year 2025: loss of € 359,103. Source: NBB ↗
2022 Laurence Meeùs became a director. NBB
2022 Thilo von Trott zu Solz became a director. NBB
Jan 1, 2015 New establishment in Vorst. KBO
Oct 20, 2014 Start of the company according to the CBE. KBO

In short

From € 5,672 profit in 2022 to € 359,103 loss in 2025.

Paid € 978 in corporate taxes since 2022.

Best year ever: 2022, with € 5,672 profit.

Original PDFs at the National Bank ↗

Management

Laurence Meeùs Thilo von Trott zu Solz

Avena Management

TURTLE

Behind TURTLE are Laurence Meeùs and Thilo von Trott zu Solz. The same people are also behind Avena Management.

Directors

According to the 2025 annual accounts

Laurence Meeùs

Managing director

Also active at: Avena Management

since 2022

Thilo von Trott zu Solz

Managing director

Also active at: Avena Management

since 2022

Establishments

Establishment units

Physical locations of this company

Registered office

Luitenant Lotinstraat 40

1190 Vorst

2.393.106.596

Woestijnstraat(BOR) 57 box B

2880 Bornem

Active since 26 August 2026

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0564.842.975

VAT number

BE 0564.842.975

Registered office

Luitenant Lotinstraat 40, 1190 Vorst

Names & denominations

TURTLE

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

20 October 2014

Peppol

Active · Active since 1 Sept 2025

Activities · NACE

Groothandel in andere voedingsmiddelen, neg

Groothandel in granen en zaden

Overige niet-gespecialiseerde detailhandel

Overige detailhandel in voedingsmiddelen, neg

Detailhandel via postorderbedrijven of via internet

Overige detailhandel in voedingsmiddelen in gespecialiseerde winkels, n.e.g.

View on CBE Public ↗ Annual accounts (NBB) ↗

TURTLE

Warning lights

Financials

What happened to TURTLE?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions