ACTIVE

TURBINE BELGIUM

Financial year 2024 · Closed on 31/12/2024

Net result729,5 k €+373,7 %over 1 year
Gross margin136,1 k €+45,5 %over 1 year
Equity6 M €+9,0 %over 1 year

Identity

Source · BCE/KBO

TURBINE BELGIUM is a Private limited company incorporated in 2011. Its main activity is: Manufacture of engines and turbines, except aircraft, vehicle and cycle engines. Its registered office is in Liège.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0836.689.435
Incorporation
31/05/2011
Legal form
Private limited company
Registered office
Rue de la Belle-Jardinière 260 box A
4031 Liège · WallonieSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2024
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 14 filings

Trend over 13 financial years

20242023202220212020
Income statement
Gross margin136,1 k €93,6 k €1,4 M €4,6 M €544,5 k €
EBITDA126,3 k €84,9 k €1,3 M €4,3 M €322,1 k €
Operating result253,9 k €-50 k €1,3 M €4,2 M €294,5 k €
Net result729,5 k €154 k €895 k €3 M €204,7 k €
Balance sheet
Equity6 M €5,5 M €5 M €4,1 M €1,3 M €
Total assets6,2 M €5,7 M €5,9 M €5 M €1,6 M €
Cash510,1 k €279,2 k €1,1 M €4,5 M €928,8 k €
Debts224,2 k €103,4 k €895,8 k €889,2 k €365,5 k €
Other
Workforce––0,3 ETP1,3 ETP1,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 1 ended

Active mandates

Christian MASKALUK

Director · since 13 mai 2011

Active

Ended mandates

Christian MASKALUK

Mandate

Ended

Other companies at this address

Rue de la Belle-Jardinière 260 4031 Liège
CompanyCBE no.
1030.857.503
EntreSort● Active
0779.790.126
INVENTIVES● Active
0541.846.552
NOVES GROUP● Active
0474.564.184

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/06/202510/06/202413/06/202324/10/202209/07/202126/10/2020
General meeting30/05/202531/05/202426/05/202323/09/202218/06/202109/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 14 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202430/05/202523/06/2025FrenchPDF
Abridged model31/12/202331/05/202410/06/2024FrenchPDF
Abridged model31/12/202226/05/202313/06/2023FrenchPDF
Abridged modelCorrection31/12/202123/09/202224/10/2022FrenchPDF
Abridged model31/12/202108/07/202203/08/2022FrenchPDF
Abridged model31/12/202018/06/202109/07/2021FrenchPDF
Abridged model31/12/201909/09/202026/10/2020FrenchPDF
Abridged model31/12/201826/04/201928/08/2019FrenchPDF
Abridged model31/12/201725/05/201811/06/2018FrenchPDF
Abridged model31/12/201626/05/201713/06/2017FrenchPDF
Abridged model31/12/201517/06/201626/08/2016FrenchPDF
Abridged model31/12/201419/06/201521/08/2015FrenchPDF
Abridged model31/12/201330/05/201429/07/2014FrenchPDF
Abridged model31/12/201231/05/201316/08/2013FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/12/2024

1 active · 1 ended

Active mandates

Christian MASKALUK

Director · since 13 mai 2011

Active

Ended mandates

Christian MASKALUK

Mandate

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Court decision13/05/2026
    RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...)
    PDF
  • Mandates29/03/2023
    DENOMINATION
    PDF
  • Registered office06/03/2023
    SIEGE SOCIAL
    PDF
  • Mandates11/08/2021
    MODIFICATION FORME JURIDIQUE - DENOMINATION - DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares03/05/2012
    CAPITAL, ACTIONS
    PDF
  • Other15/06/2011
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024729,5 k €↑
  2. 2023
    Annual accounts 2023154 k €↓
  3. 2022
    Annual accounts 2022895 k €↓
  4. 2022
    Name changeTURBINE BELGIUM
  5. 2021
    Annual accounts 20213 M €↑
  6. 2021
    Name changeTURBINE EUROPE
  7. 2020
    Annual accounts 2020204,7 k €↓
  8. 2019
    Annual accounts 2019374,4 k €↑
  9. 2018
    Annual accounts 2018130,3 k €↑
  10. 2017
    Annual accounts 201785,5 k €↑
  11. 2016
    Annual accounts 201672,5 k €↑
  12. 2015
    Annual accounts 201541,3 k €↓
  13. 2014
    Annual accounts 2014104,7 k €↓
  14. 2013
    Annual accounts 2013224 k €↑
  15. 2012
    Annual accounts 20121,6 k €
  16. 31/05/2011
    IncorporationPrivate limited company