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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Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TURISE from Gent, company number BE0829272893, closed financial year 2025 with a result of € 70,036 after tax. For that financial year TURISE recorded a gross margin of € 300,667 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 25,027 to € 70,036. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on November 13, 2025.
€ 1.1 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 70,036
▲ 180% vs 2024
Profit after tax over the fiscal year.
€ 5,385
▲ 40% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 977,610.
Debts at end 2025
€ 1.9 million
▼ 9% vs 2024
€ 152,652 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 37,179
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23,008
▼ 34% 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 | € 730,409 | € 181,105 | € 346,408 | € 300,667 | ▼ 13% |
| Profit after taxes | € 490,814 | € -47,585 | € 25,027 | € 70,036 | ▲ 180% |
| Equity | € 869,499 | € 821,914 | € 997,573 | € 1,067,610 | ▲ 7% |
| Total debts | € 1,342,684 | € 1,883,670 | € 2,436,821 | € 2,244,491 | ▼ 8% |
| Cash | € 578,100 | € 8,269 | € 3,840 | € 5,385 | ▲ 40% |
| Land & buildings | € 1,573,511 | € 2,638,255 | € 3,269,874 | € 3,209,045 | ▼ 2% |
| Retained profit | € 789,499 | € 741,914 | € 907,573 | € 977,610 | ▲ 8% |
| Bank debt | € 1,088,535 | € 1,535,711 | € 2,064,570 | € 1,876,939 | ▼ 9% |
| Balance sheet total | € 2,326,751 | € 2,818,414 | € 3,543,753 | € 3,417,987 | ▼ 4% |
Key figures of TURISE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to TURISE?
What happened at TURISE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 70,036 (▲ 180% vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
- Nico Cremers became a director. NBB
In short
From € 490,814 profit in 2022 to € 70,036 profit in 2025.
Paid € 35,162 in corporate taxes since 2022.
Best year ever: 2022, with € 490,814 profit.
Management
Behind TURISE is Nico Cremers. Nico Cremers is also behind Food & Co and MIMOSA GENT.
Directors
According to the 2025 annual accounts
since 2010
Establishments
Establishment units
Physical locations of this company
Recollettenlei 25
9000 Gent
Martelaarslaan 450 box D
9000 Gent
Active since 15 September 2010
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- CREMERS Nico Robert Christiaan(oprichter) 99%
- FOOD & CO(oprichter) 1%
Details
- Company number
- 0829.272.893
- VAT number
- BE 0829.272.893
- Registered office
- Recollettenlei 25, 9000 Gent
- Names & denominations
- TURISE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 September 2010
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
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