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 58 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TURN 2 POWER from Westerlo, company number BE0713804786, closed financial year 2025 with a result of € -3,467 after tax. For that financial year TURN 2 POWER recorded a gross margin of € -2,946 and equity of € -18,183. Compared with financial year 2024, the result moved from € -938 to € -3,467. 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 31, 2026.
€ -18,183
▼ € 3,467 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,467
▼ 270 % more loss than in 2024
Profit after tax over the fiscal year.
€ 12
▼ 94% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -36,783.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 27,297
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -294 | € -64 | € -64 | € -2,946 | ▼ € 2,882 |
| Profit after taxes | € -3,392 | € -2,539 | € -938 | € -3,467 | ▼ € 2,529 |
| Equity | € -11,240 | € -13,779 | € -14,717 | € -18,183 | ▼ € 3,467 |
| Total debts | € 56,600 | € 56,709 | € 57,474 | € 61,274 | ▲ 7% |
| Cash | € 521 | € 379 | € 208 | € 12 | ▼ 94% |
| Retained profit | € -29,840 | € -32,379 | € -33,317 | € -36,783 | ▼ € 3,467 |
| Balance sheet total | € 45,359 | € 42,929 | € 42,758 | € 43,091 | ▲ 1% |
Key figures of TURN 2 POWER, 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 TURN 2 POWER?
What happened at TURN 2 POWER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,467. filed late Source: NBB ↗
- New establishment in Westerlo. KBO
- Bob Backx became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 3,392 loss in 2022 to € 3,467 loss in 2025.
Management
Behind TURN 2 POWER is Bob Backx. Bob Backx is also behind Bonacasa, All Business & Consulting, Fullriver Europe and Noxon.
Directors
According to the 2025 annual accounts
since 2018
Establishments
Establishment units
Physical locations of this company
Wimpstraat 39
2260 Westerlo
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0713.804.786
- VAT number
- BE 0713.804.786
- Registered office
- Wimpstraat 39, 2260 Westerlo
- Names & denominations
- TURN 2 POWER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 November 2018
- Peppol
- Active · Active since 30 Nov 2025
- Activities · NACE
Handelsbemiddeling in de groothandel in andere specifieke goederen