ACTIVE

TURQUOISE ELEC

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Financial year 2024 · closed on 31/12/2024

Net result

10,1 k €

-4.9% YoY

Gross margin

133,1 k €

-20.2% YoY

Equity

71,5 k €

-10.6% YoY

What does TURQUOISE ELEC do?

TURQUOISE ELEC is a Private limited company incorporated in 2010. Its main activity is: Electrical installation. Its registered office is in Farciennes.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0830.352.959

Incorporation

18/10/2010

Legal form

Private limited company

Registered office

Grand-Place(FAR) 17 box 2
6240 Farciennes · WallonieSee on map

Contributed capital

8 260,00 €

Latest accounts

31/12/2024

Activities (NACE)

43211Electrical installation· main 43211Electrical installation 43212Electrical installation 43212Electrical installation 45113Sale of cars and light motor vehicles 47260Retail sale of tobacco products in specialised stores+4

Joint committees (2)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	133,1 k €	-20.2%	166,8 k €	+2.5%	162,6 k €	+32.8%	122,5 k €	+110%	58,3 k €	+80.9%	32,2 k €	+59.5%	20,2 k €	+20.7%	16,8 k €	-50.3%	33,7 k €	-10.0%	37,4 k €	+45.9%	25,7 k €	+138%	10,8 k €	-69.5%	35,2 k €	+57.3%	22,4 k €
EBITDA	25,4 k €	-33.1%	38 k €	+12.9%	33,7 k €	+34.6%	25 k €	-32.9%	37,3 k €	+102%	18,4 k €	+239%	5,4 k €	+43.6%	3,8 k €	+481%	-991,8 €	-107%	14,3 k €	-15.4%	16,9 k €	+144%	6,9 k €	-69.7%	22,9 k €	+141%	9,5 k €
Operating result	22,8 k €	-26.0%	30,8 k €	+30.8%	23,5 k €	+60.7%	14,6 k €	-55.5%	32,9 k €	+164%	12,5 k €	+423%	2,4 k €	+267%	647,7 €	+117%	-3,9 k €	-226%	3,1 k €	-31.1%	4,5 k €	+175%	-5,9 k €	-132%	18,5 k €	+231%	5,6 k €
Net result	10,1 k €	-4.9%	10,7 k €	-39.1%	17,5 k €	+104%	8,6 k €	-64.6%	24,3 k €	+294%	6,2 k €	+817%	673,8 €	+119%	-3,6 k €	+40.2%	-6 k €	-534%	1,4 k €	-32.3%	2 k €	+129%	-7,1 k €	-153%	13,5 k €	+152%	5,4 k €
Balance sheet
Equity	71,5 k €	-10.6%	80 k €	+15.4%	69,3 k €	+33.8%	51,8 k €	+19.9%	43,2 k €	+129%	18,9 k €	+48.5%	12,7 k €	+5.6%	12,1 k €	-22.9%	15,6 k €	-27.7%	21,6 k €	+6.8%	20,2 k €	+11.2%	18,2 k €	-28.1%	25,3 k €	+115%	11,8 k €
Total assets	254 k €	+7.8%	235,6 k €	+37.2%	171,7 k €	+6.3%	161,5 k €	+20.1%	134,5 k €	+188%	46,7 k €	+58.6%	29,4 k €	+19.1%	24,7 k €	-44.5%	44,5 k €	-13.2%	51,3 k €	-25.1%	68,4 k €	-20.3%	85,9 k €	+30.5%	65,8 k €	+92.3%	34,2 k €
Cash	–		1 k €	+286%	263 €	-85.5%	1,8 k €	-90.8%	19,6 k €	+111%	9,3 k €	+492%	1,6 k €	-87.8%	12,8 k €	+144%	5,2 k €	+6.2%	4,9 k €		–		–		6,6 k €	+739%	781,1 €
Debts	182,5 k €	+17.3%	155,6 k €	+52.0%	102,4 k €	-6.7%	109,7 k €	+20.2%	91,3 k €	+229%	27,7 k €	+66.4%	16,7 k €	+32.1%	12,6 k €	-56.2%	28,9 k €	-2.7%	29,7 k €	-38.5%	48,2 k €	-28.8%	67,7 k €	+67.2%	40,5 k €	+80.5%	22,4 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		1,0 ETP	+100%	0,5 ETP	-50.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 5 ended

Active mandates

Akif ARIKAN

Director

Active

Yasin PINARBASI

Director

Active

Ended mandates

YASIN PINARBASI

Director · since 01 octobre 2011

Ended

YASIN PINARBASI

Manager · since 01 octobre 2011

Ended

AKIF ARIKAN

Director · since 15 octobre 2010

Ended

AKIF ARIKAN

Manager · since 15 octobre 2010

Ended

At this address

Other companies at this address

Company	CBE no.
A.T.N. CONSULTING● Active	0689.605.464

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/08/2025	23/08/2024	31/08/2023	01/08/2022	30/09/2021	19/08/2020
General meeting	20/06/2025	21/06/2024	16/06/2023	17/06/2022	18/06/2021	19/06/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	20/06/2025	26/08/2025	French	PDF
Micro model	31/12/2023	21/06/2024	23/08/2024	French	PDF
Micro model	31/12/2022	16/06/2023	31/08/2023	French	PDF
Micro model	31/12/2021	17/06/2022	01/08/2022	French	PDF
Micro model	31/12/2020	18/06/2021	30/09/2021	French	PDF
Micro model	31/12/2019	19/06/2020	19/08/2020	French	PDF
Micro model	31/12/2018	21/06/2019	31/07/2019	French	PDF
Micro model	31/12/2017	15/06/2018	18/09/2018	French	PDF
Micro model	31/12/2016	16/06/2017	30/08/2017	French	PDF
Abridged model	31/12/2015	17/06/2016	11/08/2016	French	PDF
Abridged model	31/12/2014	19/06/2015	07/08/2015	French	PDF
Abridged model	31/12/2013	20/06/2014	26/08/2014	French	PDF
Abridged model	31/12/2012	21/06/2013	28/08/2013	French	PDF
Abridged model	31/12/2011	15/06/2012	28/08/2012	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 5 ended

Active mandates

Akif ARIKAN

Director

Active

Yasin PINARBASI

Director

Active

Ended mandates

YASIN PINARBASI

Director · since 01 octobre 2011

Ended

YASIN PINARBASI

Manager · since 01 octobre 2011

Ended

AKIF ARIKAN

Director · since 15 octobre 2010

Ended

AKIF ARIKAN

Manager · since 15 octobre 2010

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates18/08/2025
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates03/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DENOMINATION - DEMISSIONS, NOMINATIONS
PDF
Registered office18/04/2019
SIEGE SOCIAL
PDF
Mandates12/10/2011
DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Other27/10/2010
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2024
Annual accounts 202410,1 k €↓
2023
Annual accounts 202310,7 k €↓
2022
Annual accounts 202217,5 k €↑
2021
Annual accounts 20218,6 k €↓
2020
Annual accounts 202024,3 k €↑
2019
Annual accounts 20196,2 k €↑
2018
Annual accounts 2018673,8 €↑
2017
Annual accounts 2017-3,6 k €↑
2016
Annual accounts 2016-6 k €↓
2015
Annual accounts 20151,4 k €↓
2014
Annual accounts 20142 k €↑
2013
Annual accounts 2013-7,1 k €↓
2012
Annual accounts 201213,5 k €↑
2011
Annual accounts 20115,4 k €
18/10/2010
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

TURQUOISE ELEC

Overview

What does TURQUOISE ELEC do?

Trend over 14 financial years

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