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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TURK PETROL from Andenne, company number BE0695897497, closed financial year 2025 with a result of € -179,312 after tax. For that financial year TURK PETROL recorded a gross margin of € 149,786 and equity of € -476,330. Compared with financial year 2024, the result moved from € -79,076 to € -179,312. 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 August 14, 2026.
€ -476,330
▼ € 179,312 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -179,312
▼ 127 % more loss than in 2024
Profit after tax over the fiscal year.
€ 26,596
▲ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -494,930.
People and assets in 2025
6.4
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 223,007
▲ 10% vs 2024
€ 34,800 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.
Debts at end 2025
€ 173,923
▲ 13% vs 2024
€ 45,687 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 323,055
▲ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 33,684
▲ 26% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 230,914 | € 288,506 | € 214,373 | € 149,786 | ▼ 30% |
| Profit after taxes | € 15,087 | € -19,420 | € -79,076 | € -179,312 | ▼ € 100,235 |
| Equity | € -198,521 | € -217,942 | € -297,018 | € -476,330 | ▼ € 179,312 |
| Total debts | € 911,322 | € 800,612 | € 767,772 | € 1,012,316 | ▲ 32% |
| Cash | € 38,979 | € 54,267 | € 25,917 | € 26,596 | ▲ 3% |
| Retained profit | € -217,121 | € -236,542 | € -315,618 | € -494,930 | ▼ € 179,312 |
| Bank debt | € 225,451 | € 190,034 | € 153,964 | € 173,923 | ▲ 13% |
| Balance sheet total | € 712,801 | € 582,670 | € 470,754 | € 535,986 | ▲ 14% |
| Employees (FTE) | 6.4 | 6.4 | 6.6 | 6.4 | ▼ 0.2 |
Key figures of TURK PETROL, 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 TURK PETROL?
What happened at TURK PETROL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 179,312. filed late Source: NBB ↗
- IMOTURK SRL became a director. NBB
- New establishment in Andenne. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,087 profit in 2022 to € 179,312 loss in 2025.
Best year ever: 2022, with € 15,087 profit.
On average € 23,400 of value added per employee in 2025.
Management
The stake of IMOTURK comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TURK PETROLBehind TURK PETROL is IMOTURK SRL. The shares are held by IMOTURK (100%).
Directors
According to the 2025 annual accounts
Director · represented by Muhterem TURK
Also active at: MUHTEREM, LE BRAZIER, LA ROSE DES VENTS, Boucherie Traiteur Leuze, AD WAR SRL, Brazier Distribution, PETROLE OFFICE
since 2021
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Chaussée d'Anton 64
5300 Andenne
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
- 0695.897.497
- VAT number
- BE 0695.897.497
- Registered office
- Chaussée d'Anton 64, 5300 Andenne
- Names & denominations
- TURK PETROL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 May 2018
- Peppol
- Active · Active since 3 Sept 2025
- Activities · NACE
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