OPENING OF BANKRUPTCY

TURTLE POWER

Financial year 2020 · closed on 31/12/2020
Net result
3,2 k €
-88.1% YoY
Gross margin
-3,2 k €
-113.0% YoY
Equity
62,2 k €
+5.5% YoY

Company — Opening of bankruptcy.

Strike-off: 24 juin 2026

What does TURTLE POWER do?

TURTLE POWER is a Private company with limited liability incorporated in 1993.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0449.741.785
Incorporation
25/03/1993
Legal form
Private company with limited liability
Contributed capital
6 693,12 €
Latest accounts
31/12/2020
Signals
ProfitableSolid equityGood liquidityPositive cashflow
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20202019201820172016201520142013
Income statement
Gross margin-3,2 k €24,6 k €39,7 k €22,7 k €37,4 k €31 k €19,6 k €9,4 k €
EBITDA-4,1 k €22,7 k €38,6 k €21,4 k €36 k €29,8 k €17,7 k €7,6 k €
Operating result-4,3 k €22,1 k €37,3 k €19,1 k €32 k €24,1 k €14,2 k €3,9 k €
Net result3,2 k €27,2 k €39,9 k €23,1 k €34 k €25,1 k €13,9 k €5 k €
Balance sheet
Equity62,2 k €58,9 k €55,7 k €39,8 k €36,7 k €27,7 k €20,6 k €16,7 k €
Total assets133,8 k €118 k €112,1 k €93,3 k €93,5 k €70,2 k €43 k €39,2 k €
Cash478,1 €2,9 k €5 k €6,7 k €6,4 k €8,8 k €478,1 €4,9 k €
Debts71,6 k €59,1 k €56,4 k €53,5 k €56,4 k €42,4 k €20,9 k €22,4 k €
Governance

Board of directors

Seen on filing of 31/12/2020 · 1 active

Active mandates

Bert Van Roy

Manager

Active
Annual accounts

Full financial information

202020192018201720162015
Type of accountMicro modelMicro modelAbridged modelAbridged modelMicro modelAbridged model
Start of the financial year01/01/202001/01/201901/01/201801/01/201701/01/201601/01/2015
Closing of the financial year31/12/202031/12/201931/12/201831/12/201731/12/201631/12/2015
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date17/12/202130/11/202030/10/201928/09/201829/09/201731/08/2016
General meeting31/05/202103/08/202031/05/201931/05/201831/05/201731/05/2016
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202031/05/202117/12/2021DutchPDF
Micro model31/12/201903/08/202030/11/2020DutchPDF
Abridged model31/12/201831/05/201930/10/2019DutchPDF
Abridged model31/12/201731/05/201828/09/2018DutchPDF
Micro model31/12/201631/05/201729/09/2017DutchPDF
Abridged model31/12/201531/05/201631/08/2016DutchPDF
Abridged model31/12/201401/06/201514/08/2015DutchPDF
Abridged model31/12/201302/06/201429/08/2014DutchPDF
Abridged model31/12/201227/07/201330/07/2013DutchPDF
Abridged model31/12/201127/07/201222/08/2012DutchPDF
Abridged model31/12/201027/07/201131/08/2011DutchPDF
Abridged model31/12/200917/07/201029/07/2010DutchPDF
Abridged model31/12/200815/07/200923/07/2009DutchPDF
Abridged model31/12/200727/07/200824/09/2008DutchPDF
Abridged model31/12/200628/07/200727/08/2007DutchPDF
Estimate

Indicative valuation

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.

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Disclaimer

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

Governance

Board of directors

Seen on filing of 31/12/2020 · 1 active

Active mandates

Bert Van Roy

Manager

Active
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2020
    Annual accounts 20203,2 k €
  2. 2019
    Annual accounts 201927,2 k €
  3. 2018
    Annual accounts 201839,9 k €
  4. 2017
    Annual accounts 201723,1 k €
  5. 2016
    Annual accounts 201634 k €
  6. 2015
    Annual accounts 201525,1 k €
  7. 2014
    Annual accounts 201413,9 k €
  8. 2013
    Annual accounts 20135 k €
  9. 25/03/1993
    IncorporationPrivate company with limited liability