Bankrupt · Opening faillissement (CBE)

TURBO'S BODY SHOP

BE0735946225

Rechtspersoon Private limited company 2 establishments

TURBO'S BODY SHOP is a repair service in Wuustwezel. Private Limited, started on 10 October 2019, 2 establishments.

Kruisweg 31, 2990 Wuustwezel

Behind the company: Constant Donkers.

Start date

10 October 2019

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.

  • Tight liquidity NBB

    Cash and receivables cover 17 % of short-term debt in 2023; threshold 65 %.

  • 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.

What it is worth Caution

€ -24,728

▼ € 29,655 vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -29,655

▼ still € 21,932 profit in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 750

▼ 81% vs 2022

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -26,728.

People and assets in 2023

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 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.

Vehicles and equipment

€ 8,801

▲ 34% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt ≈ 3 years to go

€ 19,248

▲ 44% vs 2022

€ 5,761 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 73,827

▲ 52% vs 2022

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 7,002

▼ 6% vs 2022

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
202120222023Change 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.

Management

Constant Donkers
TURBO'S BODY SHOP

Behind TURBO'S BODY SHOP is Constant Donkers.

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Directors

According to the 2023 annual accounts

Constant Donkers

Director

since 2019

Establishments

Establishment units

Physical locations of this company

Registered office

Kruisweg 31

2990 Wuustwezel

2.298.079.953

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

Frequently asked questions

What does TURBO'S BODY SHOP do?
TURBO'S BODY SHOP is a repair service in Wuustwezel. Private Limited, started on 10 October 2019, 2 establishments.
What is the address of TURBO'S BODY SHOP?
The registered office of TURBO'S BODY SHOP is located at Kruisweg 31, 2990 Wuustwezel.
Is TURBO'S BODY SHOP still active?
No. The CBE lists TURBO'S BODY SHOP with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is TURBO'S BODY SHOP registered on Peppol?
No, TURBO'S BODY SHOP is currently not registered on the Peppol network.
What is the enterprise number of TURBO'S BODY SHOP?
The enterprise number of TURBO'S BODY SHOP is BE0735946225.
When was TURBO'S BODY SHOP founded?
TURBO'S BODY SHOP was founded on 10 October 2019.