Financials
Financial year 2025
TURQUOISE ELEC from Farciennes, company number BE0830352959, closed financial year 2025 with a result of € -44,667 after tax. For that financial year TURQUOISE ELEC recorded a gross margin of € 46,830 and equity of € 26,875. Compared with financial year 2024, the result moved from € 10,132 to € -44,667. The company made a loss. The buffer shrank hard: equity is 62 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 14, 2026.
€ 26,875
▼ 62% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -44,667
▼ still € 10,132 profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € 18,615.
People and assets in 2025
€ 78,793
▼ 27% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 103,671
▲ 6% vs 2024
Loans from banks and other lenders, long and short.
€ 37,480
▼ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,922
▼ 69% 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 | € 162,647 | € 166,782 | € 133,126 | € 46,830 | ▼ 65% |
| Profit after taxes | € 17,508 | € 10,657 | € 10,132 | € -44,667 | ▼ € 54,799 |
| Equity | € 69,325 | € 79,982 | € 71,542 | € 26,875 | ▼ 62% |
| Total debts | € 102,401 | € 155,625 | € 182,476 | € 152,084 | ▼ 17% |
| Cash | € 263 | € 1,016 | - | - | |
| Retained profit | € 62,925 | € 71,722 | € 63,282 | € 18,615 | ▼ 71% |
| Dividend | € 0 | € 0 | € 18,571 | € 0 | ▼ 100% |
| Bank debt | € 29,302 | € 67,385 | € 98,246 | € 103,671 | ▲ 6% |
| Balance sheet total | € 171,726 | € 235,607 | € 254,018 | € 178,959 | ▼ 30% |
Key figures of TURQUOISE ELEC, 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 TURQUOISE ELEC?
What happened at TURQUOISE ELEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 44,667 (▼ € 54,799 vs 2024). filed late Source: NBB ↗
- New establishment in Farciennes. KBO
- Start of the company according to the CBE. KBO
In short
From € 17,508 profit in 2022 to € 44,667 loss in 2025.
Paid € 14,504 in corporate taxes since 2022.
Best year ever: 2022, with € 17,508 profit.
Paid out € 18,571 in dividends to the owners in total.
Management
Behind TURQUOISE ELEC are Yasin PINARBASI and Akif ARIKAN.
Directors
According to the 2025 annual accounts
Yasin PINARBASI
Director
Akif ARIKAN
Director
Establishments
Establishment units
Physical locations of this company
Grand-Place(FAR) 17 box 2
6240 Farciennes
Grand-Place(FAR) 17
6240 Farciennes
Active since 18 October 2010
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0830.352.959
- VAT number
- BE 0830.352.959
- Registered office
- Grand-Place(FAR) 17 bus 2, 6240 Farciennes
- Names & denominations
- TURQUOISE ELEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 October 2010
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
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Detailhandel in tabaksproducten
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in kranten en kantoorbehoeften in gespecialiseerde winkels