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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Figures corrected NBB
Corrected annual account filed for 2021.
Financials
Financial year 2024
TURBINE BELGIUM from Liège, company number BE0836689435, closed financial year 2024 with a result of € 729,524 after tax. For that financial year TURBINE BELGIUM recorded a gross margin of € 136,142 and equity of € 6 million. Compared with financial year 2023, the result moved from € 153,994 to € 729,524. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2025.
€ 6 million
▲ 9% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 729,524
▲ € 575,530 vs 2023
Profit after tax over the fiscal year.
€ 510,100
▲ 83% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 5.9 million.
People and assets in 2024
€ 3,106
▼ 44% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 1,664
▼ 76% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 125,710
▲ 30% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 4,557,679 | € 1,428,693 | € 93,560 | € 136,142 | ▲ 46% |
| Profit after taxes | € 2,996,064 | € 895,036 | € 153,994 | € 729,524 | ▲ € 575,530 |
| Equity | € 4,143,372 | € 5,038,408 | € 5,506,088 | € 6,002,567 | ▲ 9% |
| Total debts | € 889,166 | € 895,777 | € 103,427 | € 224,191 | ▲ 117% |
| Cash | € 4,521,950 | € 1,114,843 | € 279,155 | € 510,100 | ▲ 83% |
| Retained profit | € 4,123,372 | € 5,018,408 | € 5,172,402 | € 5,901,927 | ▲ 14% |
| Dividend | € 111,840 | € 0 | € 0 | € 0 | |
| Bank debt | € 9,149 | € 2,295 | € 0 | € 0 | |
| Balance sheet total | € 5,032,538 | € 5,934,185 | € 5,740,587 | € 6,226,758 | ▲ 8% |
| Employees (FTE) | 1.3 | 0.3 | - | - |
Key figures of TURBINE BELGIUM, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to TURBINE BELGIUM?
What happened at TURBINE BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 729,524 (▲ € 575,530 vs 2023). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Liège. KBO
- Christian MASKALUK became a director. NBB
In short
From € 3 million profit in 2021 to € 729,524 profit in 2024.
Paid € 2 million in corporate taxes since 2021.
Best year ever: 2021, with € 3 million profit.
On average € 3.5 million of value added per employee in 2021.
A new publication or filing at TURBINE BELGIUM? We notify you, reason included.
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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 TURBINE BELGIUM is Christian MASKALUK .
Directors
According to the 2024 annual accounts
Christian MASKALUK
Director
since 2011
Establishments
Establishment units
Physical locations of this company
Rue de la Belle-Jardinière 260 box A
4031 Liège
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0836.689.435
- VAT number
- BE 0836.689.435
- Registered office
- Rue de la Belle-Jardinière 260 bus A, 4031 Liège
- Names & denominations
- TURBINE BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 May 2011
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Vervaardiging van motoren en turbines, exclusief motoren voor luchtvaartuigen, motorvoertuigen en bromfietsen