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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
TURBOTEC from Nazareth-De Pinte, company number BE0698574105, closed financial year 2025 with a result of € -11,985 after tax. For that financial year TURBOTEC recorded a gross margin of € -11,086 and equity of € 21,844. Compared with financial year 2024, the result moved from € -29,100 to € -11,985. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 16, 2026.
€ 21,844
▼ 35% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,985
▲ 59 % less loss than in 2024
Profit after tax over the fiscal year.
€ 24,085
▼ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 5,844.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 10,921
▲ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -4,019 | € -882 | € -27,195 | € -11,086 | ▲ € 16,109 |
| Profit after taxes | € -4,774 | € -2,644 | € -29,100 | € -11,985 | ▲ € 17,115 |
| Equity | € 65,574 | € 62,930 | € 33,829 | € 21,844 | ▼ 35% |
| Total debts | € 25,547 | € 51,202 | € 10,062 | € 10,921 | ▲ 9% |
| Cash | € 28,859 | € 26,046 | € 29,535 | € 24,085 | ▼ 18% |
| Retained profit | € 49,574 | € 46,930 | € 17,829 | € 5,844 | ▼ 67% |
| Balance sheet total | € 91,121 | € 114,132 | € 43,891 | € 32,765 | ▼ 25% |
Key figures of TURBOTEC, 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 TURBOTEC?
What happened at TURBOTEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 11,985. Source: NBB ↗
- New establishment in Nazareth-De Pinte. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,774 loss in 2022 to € 11,985 loss in 2025.
Paid € 716 in corporate taxes since 2022.
Management
Behind TURBOTEC are Cedric Devriese and Peter Devriese. Peter Devriese is also behind Advanced Composite Manufacturing Technologies.
Directors
According to the 2025 annual accounts
Cedric Devriese
Director
Establishments
Establishment units
Physical locations of this company
Varentschoot 25
9840 Nazareth-De Pinte
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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0698.574.105
- VAT number
- BE 0698.574.105
- Registered office
- Varentschoot 25, 9840 Nazareth-De Pinte
- Names & denominations
- TURBOTEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 June 2018
- Peppol
- Active · Active since 19 Feb 2026
- Contact
- turbotec.be
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