DE TURCK

Active

Private limited companyfounded 1990active for 36 yearsHerenveld(Sch) 3, 9500 Geraardsbergen, BelgiumKBO/BCE: BE 0440.248.752

Summary

DE TURCK has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.5m and a net result of €639,617. Equity is growing by about 3.5% per year across the filed financial years. Its solvency ranks better than 55% of 1,074 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow Report Compare

DE TURCKActiveChecked score 88/100

Risk analysis Report Compare

Activity

Non-scheduled passenger transport by road

NACE 49320

Largest company by total assets in Geraardsbergen, Transport and storage sector1 site

Size

€7.2mturnover 2025

Staff: 65.1 FTE
Equity: €3.5m
Profit: €639,617

Financial health

88 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.3%

Structure

Parent: KEOLIS VLAANDEREN · 99.98%
Board: 6 members

Auditor: Ernst & Young Bedrijfsrevisoren2025 accounts 32 days early6 of 15 deeds summarised

Why 88raises riskSector: Land transport and transport via pipelines (NACE 49)Liquidity: current ratio 2.97, cash €706lowers riskFounded in 1990Size: turnover €7.2m, 65.1 FTE, total assets €7.8mShow the evidence

Checked score

Score 2025

88 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 62% of its sector peers (NACE 49, medium-sized)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 70-5

equity 45.2% of total assets

Liquidity 41-5

short-term debt 24.7% · cash 0.0%

Profitability 86-3

return on assets 8.2%

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (273 companies, NACE 49, medium-sized)

Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%▼ -0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026 08-2026: 0.4%▲ +0.1 percentage points vs 07-2026 09-2026: 0.5%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.3%▼ -0.2 percentage points vs 09-2026

Credit of up to €300,000 on 30-day terms is acceptable

Liquidity ample (current ratio 2.97, compared with 4.22 in 2024, above the usual 1.5; short-term debt: 24.7% and cash: 0% of total assets), but 54.8% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, medium-sized): better than 69% on solvency, 60% on liquidity, 91% on profitability and 29% on growth.

The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Founded in 1990

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Sector: Land transport and transport via pipelines (NACE 49)

KBO

Liquidity: current ratio 2.97, cash €706

NBB · annual accounts

Size: turnover €7.2m, 65.1 FTE, total assets €7.8m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

32 days early

2024

24 days early

2023

48 days early

2022

46 days early

2021

40 days early

2020

23 days early

2019

36 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 36 days before the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 June (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

29-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

15-09-2026 Reappointments: Hanne Deschacht (director) and HDT4BUSINESS…Permanent representatives: Hans De Turck…
29-06-2026 Annual accounts filedfinancial year 2025 · full…
02-01-2026 Resignation: CREAD (director)Permanent representative: Dirk Hellemans ·…

Key points

Positive: Largest company by total assets in Geraardsbergen, Transport and storage sectorin the Checked rankings No. 1 View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Controlled by KEOLIS VLAANDERENknown shareholders 100% 99.98% View

By topic

Financials

Financial year: 2025
Turnover: €7.2m
Profit: €639,617
Solvency: 45.2%

Turnover▼ 4.9%

Net result

20182025

Go to Financials

Board & ownership

Board: 6 members
Parent: KEOLIS VLAANDEREN · 99.98%
Known shareholders: 100%
Auditor: Ernst & Young Bedrijfsrevisoren

Philippe DосхDirector
Maarten VoetelinkDirector
CREADDirector
Hanne DeschachtDirector
HDT4BUSINESSDirector

and 1 other director

Go to Board & ownership

Network & group

Group: KEOLIS
Connected companies: 6

Go to Network & group

Timeline

Events: 45
Since: 1991
Next accounts: by 31-07-2027

07-07-2025Annual accounts filed
31-12-2024Highest result from 2018 to 2025
13-06-2024Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Non-scheduled passenger transport by roadNACE 49320
Founded: 28-03-1990
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 16

Annual meeting: Second Monday of June at 09:00

Go to Articles of association

Key facts about DE TURCK

What is the company number of DE TURCK?: 0440.248.752. In Belgium the VAT number is the company number with BE in front: BE 0440.248.752.
Where is DE TURCK based?: The registered office is at Herenveld(Sch) 3, 9500 Geraardsbergen.Company details
What does DE TURCK do?: According to the KBO register, the main activity is non-scheduled passenger transport by road (NACE 49320).
What is the legal form of DE TURCK?: Private limited company (BV).
When was DE TURCK founded?: On 28-03-1990.
Is DE TURCK still active?: Yes, DE TURCK is an active enterprise in the KBO register.
How many employees does DE TURCK have?: On average 65.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of DE TURCK?: €7.2m in financial year 2025, according to the filed annual accounts.
Is DE TURCK profitable?: In financial year 2025, DE TURCK made a profit of €639,617.
Where can I find the annual accounts of DE TURCK?: DE TURCK filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DE TURCK due?: By 31-07-2027, for financial year 2026.Timeline

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How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check Which other companies belong to the same group?KEOLIS VLAANDEREN · 15 companies

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Overview