Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2024; threshold 65 %.
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Annual account missing NBB
Fiscal year 2025 was expected before 30 April 2026 and has not been filed.
Financials
Financial year 2024
TURACI INVEST from Liège, company number BE0678576663, closed financial year 2024 with a result of € 1,913 after tax. For that financial year TURACI INVEST recorded a gross margin of € 24,949 and equity of € 41,539. Compared with financial year 2023, the result moved from € 4,933 to € 1,913. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 25, 2025.
€ 41,539
▲ 5% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,913
▼ 61% vs 2023
Profit after tax over the fiscal year.
€ 2,510
▼ 84% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 11,454.
Debts at end 2024
€ 116,782
▼ 8% vs 2023
€ 13,025 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 12,362
▲ 15% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 877
▼ 85% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 26,070 | € 26,328 | € 26,236 | € 24,949 | ▼ 5% |
| Profit after taxes | € -125 | € 1,704 | € 4,933 | € 1,913 | ▼ 61% |
| Equity | € 32,989 | € 34,693 | € 39,627 | € 41,539 | ▲ 5% |
| Total debts | € 270,670 | € 258,364 | € 258,519 | € 243,236 | ▼ 6% |
| Cash | € 3,131 | € 13,120 | € 15,406 | € 2,510 | ▼ 84% |
| Land & buildings | € 209,857 | € 204,130 | € 205,633 | € 198,193 | ▼ 4% |
| Retained profit | € 2,989 | € 4,693 | € 9,542 | € 11,454 | ▲ 20% |
| Bank debt | € 150,034 | € 139,861 | € 127,513 | € 116,782 | ▼ 8% |
| Balance sheet total | € 303,659 | € 293,057 | € 298,145 | € 284,775 | ▼ 4% |
Key figures of TURACI INVEST, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 30 April 2026.
What happened to TURACI INVEST?
What happened at TURACI INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 1,913 (▼ 61% vs 2023). Source: NBB ↗
- Ibrahim CANTEMIR became a director. NBB
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 125 loss in 2021 to € 1,913 profit in 2024.
Paid € 2,652 in corporate taxes since 2021.
Best year ever: 2023, with € 4,933 profit.
Management
Behind TURACI INVEST are Onder TURACI and Ibrahim CANTEMIR. Onder TURACI is also behind TURACI EXPLOITATION. Ibrahim CANTEMIR is also behind CGL GROUP.
Directors
According to the 2024 annual accounts
since 2017
Establishments
Establishment units
Physical locations of this company
Rue Saint-Nicolas 558
4000 Liège
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0678.576.663
- VAT number
- BE 0678.576.663
- Registered office
- Rue Saint-Nicolas 558, 4000 Liège
- Names & denominations
- TURACI INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 July 2017
- Peppol
- Active · Active since 31 Mar 2026
- Activities · NACE
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