ACTIVE

Turbel

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Financial year 2026 · Closed on 31/03/2026

Net result-789,4 k €-1,1 %over 1 year

Revenue10,4 M €-5,2 %over 1 year

Equity2,8 M €+599,3 %over 1 year

Workforce41,8 ETP-12,0 %over 1 year

Identity

Source · BCE/KBO

Turbel is a Public limited company incorporated in 1955. Its main activity is: Wholesale of other household goods. Its registered office is in Bruxelles. It employs on average 41,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0402.712.425
Incorporation: 15/02/1955
Legal form: Public limited company
Registered office: Rue du Bassin Collecteur 11
1130 Bruxelles · BruxellesSee on map
Contributed capital: 185 973,38 €
Latest accounts: 31/03/2026
Average workforce: 41,8 ETP

Activities (NACE)

46492Wholesale of other household goods· main 46492Wholesale of other household goods 46493Wholesale of other household goods 46493Wholesale of other household goods 51475Air transport 17250Manufacture of articles of paper and paperboard+1

Joint committees (6)

0
100
10000
200
20000
218

Signals

Solid equityHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 18 financial years

	2026		2025		2024		2023		2022
Income statement
Revenue	10,4 M €	-5.2%	11 M €	-11.1%	12,3 M €	-11.7%	14 M €	+14.8%	12,2 M €
EBITDA	-315,6 k €	-32.8%	-237,7 k €	+61.7%	-620,9 k €	-210%	562,6 k €	+12.0%	502,4 k €
Operating result	-666,9 k €	-8.2%	-616,3 k €	+29.7%	-876,9 k €	-392%	300,1 k €	+486%	51,2 k €
Net result	-789,4 k €	-1.1%	-780,7 k €	+16.1%	-930,7 k €	-521%	221 k €	+234%	66,2 k €
Balance sheet
Equity	2,8 M €	+599%	398,5 k €	-66.5%	1,2 M €	+20.2%	988,3 k €	+27.1%	777,5 k €
Total assets	7,9 M €	+43.0%	5,5 M €	-18.7%	6,8 M €	+6.4%	6,4 M €	+34.8%	4,7 M €
Cash	41 k €	-25.5%	55,1 k €	+50.9%	36,5 k €	-18.5%	44,8 k €	-34.5%	68,3 k €
Debts	5 M €	-0.1%	5 M €	-8.9%	5,5 M €	+3.7%	5,3 M €	+36.6%	3,9 M €
Other
Workforce	41,8 ETP	-12.0%	47,5 ETP	+4.6%	45,4 ETP	-1.1%	45,9 ETP	-3.8%	47,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/03/2026

3 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Roland Cuvelier	Managing directorsince 05/05/2004Director01/09/2010 → 2019 accountsended
Séverine Cuvelier	Directorsince 01/01/2020
EURABEL INVEST0449.004.288Represented by Aurélie Cuvelier	Managing directorsince 05/05/2004

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Aurélie Cuvelier	Director01/07/2014 → 2020 accountsManaging directorlisted until the 2014 accounts
VCLJ BEDRIJFSREVISOREN0816.796.121Represented by Hendrik VAN CACKENBERGHE	Mandatelisted until the 2012 accounts

Other companies at this address

Rue du Bassin Collecteur 11 1130 Bruxelles

Company	CBE no.
BACASABLE● Active	0430.914.679
BELGIAN OFFICE AND STATIONERY TRADE ASSOCIATION● Active	0425.419.729
EURABEL INVEST● Active	0449.004.288
FLAUGES● Active	0453.382.552

Full financial information

Source · NBB

	2026	2025	2024	2023	2022	2021
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/04/2025	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020
Closing of the financial year	31/03/2026	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/10/2026	01/10/2025	30/09/2024	22/09/2023	03/10/2022	06/09/2021
General meeting	23/09/2026	24/09/2025	27/09/2024	06/09/2023	07/09/2022	01/09/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/03/2026	23/09/2026	26/10/2026	French	PDF
Full model	31/03/2025	24/09/2025	01/10/2025	French	PDF
Full model	31/03/2024	27/09/2024	30/09/2024	French	PDF
Full model	31/03/2023	06/09/2023	22/09/2023	French	PDF
Full model	31/03/2022	07/09/2022	03/10/2022	French	PDF
Full model	31/03/2021	01/09/2021	06/09/2021	French	PDF
Full model	31/03/2020	02/09/2020	18/09/2020	French	PDF
Full modelCorrection	31/03/2019	04/09/2019	08/10/2019	French	PDF
Full model	31/03/2019	04/09/2019	12/09/2019	French	PDF
Full model	31/03/2018	05/09/2018	02/10/2018	French	PDF
Full model	31/03/2017	06/09/2017	28/09/2017	French	PDF
Full model	31/03/2016	07/09/2016	06/10/2016	French	PDF
Full model	31/03/2015	02/09/2015	16/09/2015	French	PDF
Full model	31/03/2014	03/09/2014	26/09/2014	French	PDF
Full model	31/03/2013	04/09/2013	27/09/2013	French	PDF
Full model	31/03/2012	05/09/2012	03/10/2012	French	PDF
Full model	31/03/2011	07/09/2011	20/09/2011	French	PDF
Full model	31/03/2010	01/09/2010	16/09/2010	French	PDF
Full model	31/03/2009	02/09/2009	15/09/2009	French	PDF
Full model	31/03/2008	03/09/2008	30/09/2008	French	PDF
Full model	31/03/2007	05/09/2007	01/10/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/03/2026

3 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Roland Cuvelier	Managing directorsince 05/05/2004Director01/09/2010 → 2019 accountsended
Séverine Cuvelier	Directorsince 01/01/2020
EURABEL INVEST0449.004.288Represented by Aurélie Cuvelier	Managing directorsince 05/05/2004

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Aurélie Cuvelier	Director01/07/2014 → 2020 accountsManaging directorlisted until the 2014 accounts
VCLJ BEDRIJFSREVISOREN0816.796.121Represented by Hendrik VAN CACKENBERGHE	Mandatelisted until the 2012 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other17/02/2026
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - OBJET
PDF
Mandates19/11/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates04/04/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates15/09/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates31/08/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates10/03/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates19/12/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates10/04/2018
DEMISSIONS, NOMINATIONS
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation1955

Name

Registered office

Annual accounts

Filings18 filings

Mandates

EURABEL INVEST

Séverine Cuvelier

Roland Cuvelier

Aurélie Cuvelier

VCLJ BEDRIJFSREVISOREN

JULES CUVELIER

1966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

Turbel

Rue du Bassin Collecteur 11, 1130 Haren

Managing director

Director

Managing directorDirector

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue du Bassin Collecteur 11, 1130 HarenCurrent	accounts 2022 → 2026	Accounts 2026 · 2026-00568843

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
TurbelCurrent	accounts 2022 → 2026	Accounts 2026 · 2026-00568843

Events

2026
Annual accounts 2026-789,4 k €↓
2025
Annual accounts 2025-780,7 k €↑
2024
Annual accounts 2024-930,7 k €↓
2023
Annual accounts 2023221 k €↑
2022
Annual accounts 202266,2 k €↑
2019
Annual accounts 2019-216,3 k €↓
2018
Annual accounts 2018-71,8 k €↓
2017
Annual accounts 201717,1 k €↓
2016
Annual accounts 2016196,3 k €↑
2015
Annual accounts 2015125,9 k €↑
2014
Annual accounts 2014-178,3 k €↑
2013
Annual accounts 2013-355,1 k €↓
2012
Annual accounts 2012-92,5 k €↓
2011
Annual accounts 2011162,7 k €↓
2010
Annual accounts 2010280,7 k €↑
2009
Annual accounts 2009-118,1 k €↓
2008
Annual accounts 2008-104,6 k €↓
2007
Annual accounts 200761,9 k €
15/02/1955
IncorporationPublic limited company

Turbel

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events