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 2 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
TURBO'S BODY SHOP from Wuustwezel, company number BE0735946225, closed financial year 2023 with a result of € -29,655 after tax. For that financial year TURBO'S BODY SHOP recorded a gross margin of € -7,702 and equity of € -24,728. Compared with financial year 2022, the result moved from € 21,932 to € -29,655. 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 September 25, 2024.
€ -24,728
▼ € 29,655 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -29,655
▼ still € 21,932 profit in 2022
Profit after tax over the fiscal year.
€ 750
▼ 81% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -26,728.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 11,928
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 8,801
▲ 34% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 19,248
▲ 44% vs 2022
€ 5,761 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 73,827
▲ 52% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 7,002
▼ 6% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € -7,975 | € 28,979 | € -7,702 | ▼ € 36,681 |
| Profit after taxes | € -14,877 | € 21,932 | € -29,655 | ▼ € 51,586 |
| Equity | € -17,005 | € 4,927 | € -24,728 | ▼ € 29,655 |
| Total debts | € 75,166 | € 76,479 | € 114,499 | ▲ 50% |
| Cash | € 677 | € 3,911 | € 750 | ▼ 81% |
| Retained profit | € -19,005 | € 2,927 | € -26,728 | ▼ € 29,655 |
| Bank debt | € 15,050 | € 13,349 | € 19,248 | ▲ 44% |
| Balance sheet total | € 58,161 | € 81,406 | € 89,771 | ▲ 10% |
Key figures of TURBO'S BODY SHOP, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to TURBO'S BODY SHOP?
What happened at TURBO'S BODY SHOP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
TURBO'S BODY SHOP is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 29,655 (▼ € 51,586 vs 2022). filed late Source: NBB ↗
- New establishment in Wuustwezel. KBO
- New establishment in Wuustwezel. KBO
- Constant Donkers became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 14,877 loss in 2021 to € 29,655 loss in 2023.
Best year ever: 2022, with € 21,932 profit.
A new publication or filing at TURBO'S BODY SHOP? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind TURBO'S BODY SHOP is Constant Donkers.
Directors
According to the 2023 annual accounts
Constant Donkers
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Kruisweg 31
2990 Wuustwezel
Nijverheidsstraat 35
2990 Wuustwezel
Active since 10 October 2019
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0735.946.225
- VAT number
- BE 0735.946.225
- Registered office
- Kruisweg 31, 2990 Wuustwezel
- Names & denominations
- TURBO'S BODY SHOP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 10 October 2019
- Peppol
- Not registered
- Activities · NACE
Carrosserieherstelling (inclusief spuiten en verven)
Carrosserieherstelling