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 3 of the last 3 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 55 % 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
Turbeau Rock Brewing Company from Brugge, company number BE0738468522, closed financial year 2023 with a result of € 19,990 after tax. For that financial year Turbeau Rock Brewing Company recorded a gross margin of € 36,447 and equity of € -59,199. Compared with financial year 2022, the result moved from € -106,633 to € 19,990. Profitable, and profit is growing. 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 April 30, 2024.
€ -59,199
▲ € 19,990 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,990
▲ still € 106,633 loss in 2022
Profit after tax over the fiscal year.
€ 12,021
▼ 26% vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € -162,199.
People and assets in 2023
€ 18,009
▼ 22% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 244,316
▼ 20% vs 2022
€ 45,507 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 127,509
▲ 186% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 768
▲ 36% vs 2022
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € -19,357 | € -102,426 | € 36,447 | ▲ € 138,873 |
| Profit after taxes | € -25,426 | € -106,633 | € 19,990 | ▲ € 126,623 |
| Equity | € -72,557 | € -79,189 | € -59,199 | ▲ € 19,990 |
| Total debts | € 106,865 | € 349,644 | € 372,594 | ▲ 7% |
| Cash | € 3,999 | € 16,221 | € 12,021 | ▼ 26% |
| Retained profit | € -75,557 | € -182,189 | € -162,199 | ▲ € 19,990 |
| Bank debt | € 86,934 | € 304,448 | € 244,316 | ▼ 20% |
| Balance sheet total | € 34,309 | € 270,455 | € 313,394 | ▲ 16% |
Key figures of Turbeau Rock Brewing Company, 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 30 April 2025.
What happened to Turbeau Rock Brewing Company?
What happened at Turbeau Rock Brewing Company in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Turbeau Rock Brewing Company is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: profit of € 19,990. Source: NBB ↗
- Turbeau2Rock CommV became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 25,426 loss in 2021 to € 19,990 profit in 2023.
Paid € 849 in corporate taxes since 2021.
Best year ever: 2023, with € 19,990 profit.
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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 Turbeau Rock Brewing Company is Turbeau2Rock CommV.
Directors
According to the 2023 annual accounts
Director · represented by Franky De Smet - Van Damme
since 2022
Establishments
Establishment units
Physical locations of this company
Laconiastraat 3 box 17
8000 Brugge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0738.468.522
- VAT number
- BE 0738.468.522
- Registered office
- Laconiastraat 3 bus 17, 8000 Brugge
- Names & denominations
- Turbeau Rock Brewing Company
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 27 November 2019
- Peppol
- Active · Active since 19 Dec 2025
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