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 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Turk Invest from Fernelmont, company number BE0773867186, closed financial year 2025 with a result of € -68,207 after tax. For that financial year Turk Invest recorded a gross margin of € 26,877 and equity of € -24,091. Compared with financial year 2024, the result moved from € 101,049 to € -68,207. 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 24, 2026.
€ -24,091
▼ € 68,207 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -68,207
▼ still € 101,049 profit in 2024
Profit after tax over the fiscal year.
€ 13,281
▼ 59% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -46,591.
Debts at end 2025
€ 809,387
▲ 71% vs 2024
€ 32,634 is repaid this year. At this pace the long-term loan is gone in ≈ 25 years.
€ 26,067
▲ € 23,935 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 42,662
▲ 64% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 9,523 | € 17,572 | € 133,975 | € 26,877 | ▼ 80% |
| Profit after taxes | € -68,634 | € -10,799 | € 101,049 | € -68,207 | ▼ € 169,257 |
| Equity | € -46,134 | € -56,933 | € 44,117 | € -24,091 | ▼ € 68,207 |
| Total debts | € 601,376 | € 635,282 | € 1,522,969 | € 2,088,533 | ▲ 37% |
| Cash | € 4,386 | € 13,010 | € 32,540 | € 13,281 | ▼ 59% |
| Retained profit | € -68,634 | € -79,433 | € 21,617 | € -46,591 | ▼ € 68,207 |
| Bank debt | € 500,000 | € 500,000 | € 473,186 | € 809,387 | ▲ 71% |
| Balance sheet total | € 555,242 | € 578,350 | € 1,567,085 | € 2,064,442 | ▲ 32% |
Key figures of Turk Invest, 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 Turk Invest?
What happened at Turk Invest in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 68,207 (▼ € 169,257 vs 2024). filed late Source: NBB ↗
- New establishment in Fernelmont. KBO
- Muhterem TURK became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 68,634 loss in 2022 to € 68,207 loss in 2025.
Paid € 7,752 in corporate taxes since 2022.
Best year ever: 2024, with € 101,049 profit.
Management
Behind Turk Invest is Muhterem TURK. It owns 50% of Imoturk itself.
Directors
According to the 2025 annual accounts
Muhterem TURK
Managing director
Also active at: MUHTEREM, LE BRAZIER, Boucherie Traiteur Leuze, IMOTURK, PETROLE OFFICE, Palleciobe
since 2021
Establishments
Establishment units
Physical locations of this company
Rue Albert-Ier, Nov. 55
5380 Fernelmont
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0773.867.186
- VAT number
- BE 0773.867.186
- Registered office
- Rue Albert-Ier, Nov. 55, 5380 Fernelmont
- Names & denominations
- Turk Invest
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 September 2021
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
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