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TURBULENT

Active
Public limited companyfounded 201511 yrs activeKortrijksesteenweg 1071, 9051 Gent, BelgiumKBO/BCE: BE 0568.847.689
Summary

The annual accounts of TURBULENT for fiscal year 2024 show a net loss of 67% of total assets and of 74% of the equity at the start of that year. The 2024 annual accounts show equity of €308k and a net result of €-1.72M. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 1937 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
46 / 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency37▼-52
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.72 against 2.22 in 2023; short-term debt: 62.6% and cash: 23.2% of total assets), and 88.1% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
11.9%
Return on assets
-66.7%
Age of the figures
21 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 11 years 0 20 y
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year €-1.72M
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 1937 sector peers (2024).
NBB · sector comparison
Position among 1937 sector peers
Solvency
better than 17%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-07-2025, 23 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
not confirmed
2024
23 d early
2023
34 d early
2022
40 d early
2021
41 d early
2020
60 d early
2019
45 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity
€308k▼ 86.8%
2023 · €2.33M
2018: €1.18M 2019: €127k 2020: €2.70M 2021: €1.37M 2022: €2.70M 2023: €2.33M
2018 → 2024
Total assets
€2.58M▼ 29.5%
2023 · €3.66M
2018: €1.50M 2019: €3.63M 2020: €3.71M 2021: €3.03M 2022: €4.56M 2023: €3.66M
2018 → 2024
Net result
€-1.72M▼ 164%
2023 · €-653k
2018: €-339k 2019: €-1.05M 2020: €-57k 2021: €-723k 2022: €184k 2023: €-653k
2018 → 2024
Working capital
€-446k
2023 · €900k
2018: €1.26M 2019: €3.13M 2020: €2.16M 2021: €778k 2022: €727k 2023: €900k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€2.70M-€1.37M▼ 49.1%€2.70M▲ 96.8%€2.33M▼ 13.8%€308k▼ 86.8%
Operating result€-145k-€-577k▼ 299%€-374k▲ 35.2%€-992k▼ 165%€-2.55M▼ 157%
Net result€-57k-€-723k▼ 1,170%€184k€-653k€-1.72M▼ 164%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-3.00M€-2.00M€-1.00M€0Operating result 2020: €-145k€-145kNet result 2020: €-57k€-57kOperating result 2021: €-577k€-577kNet result 2021: €-723k€-723kOperating result 2022: €-374k€-374kNet result 2022: €184k€184kOperating result 2023: €-992k€-992kNet result 2023: €-653k€-653kOperating result 2024: €-2.55M€-2.55MNet result 2024: €-1.72M€-1.72M20202021202220232024€-3M€-2M€-1M€0Operating result 2022: €-374k€-374kNet result 2022: €184k€184kOperating result 2023: €-992k€-992kNet result 2023: €-653k€-653kOperating result 2024: €-2.55M€-2.5MNet result 2024: €-1.72M€-1.7M202220232024
The operating result stays negative: a loss of €2.55M in 2024 against €992k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.58M
Fixed assets €1.41M ▼ 30.2%
Current assets €1.17M ▼ 28.6%
Equity and liabilities €2.58M
Equity €308k ▼ 86.8%
Provisions €126k ▼ 66.5%
Debt €2.15M ▲ 125%
Debt's share of the balance-sheet total rises from 26.0% to 83.2%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€-1.83M
2023 · €-315k
Cash flow
€-999k
2023 · €25k
Current ratio
0.72
2023 · 2.22
Quick ratio
0.63
2023 · 1.18
Debt to equity
6.98
2023 · 0.41
ROE
-559.6%
2023 · -28.0%
ROA
-66.7%
2023 · -17.8%
Interest coverage
-33.19
2023 · -3.42
Debt ≤ 1 year
€1.62M
2023 · €737k
Debt > 1 year
€472k
2023 · €216k
Income taxes
€0
2023 · €-13k
Staff costs
€327k
2023 · €405k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 60 lines
Balance sheet Code20232024
Assets
Total assets20/58€3.66M€2.58M
Fixed assets21/28€2.02M€1.41M
Intangible fixed assets21€1.92M€1.36M
Tangible fixed assets22/27€96k€42k
Plant, machinery and equipment23€90k€35k
Furniture and vehicles24€6k€7k
Other tangible fixed assets26€0-
Financial fixed assets28€6k€6k=
Current assets29/58€1.64M€1.17M
Amounts receivable after more than one year29€113k€0
Other amounts receivable291€113k€0
Stocks and contracts in progress3€771k€154k
Contracts in progress37€771k€154k
Amounts receivable within one year40/41€485k€394k
Trade receivables40€355k€98k
Other amounts receivable41€130k€296k
Cash at bank and in hand54/58€265k€600k
Deferred charges and accrued income490/1€2k€22k
Equity and liabilities
Total equity and liabilities10/49€3.66M€2.58M
Equity10/15€2.33M€308k
Contributions10/11€4.01M€4.34M
Capital10€4.01M€4.34M
Issued capital100€4.01M€4.34M
Profit (loss) carried forward14€-2.81M€-4.54M
Investment grants15€1.14M€504k
Provisions and deferred taxes16€376k€126k
Deferred taxes168€376k€126k
Amounts payable17/49€953k€2.15M
Amounts payable after more than one year17€216k€472k
Financial debts170/4€216k€472k
Amounts payable within one year42/48€737k€1.62M
Current portion of amounts payable after more than one year42€25k€26k
Trade debts44€192k€276k
Suppliers440/4€192k€276k
Advances received on contracts in progress46€169k€646k
Taxes, remuneration and social security45€64k€70k
Taxes450/3€7k€0
Remuneration and social security454/9€57k€70k
Other amounts payable47/48€287k€598k
Accrued charges and deferred income492/3-€60k
Income statement Code20232024
Non-recurring operating income76A€799€0
Remuneration, social security and pensions62€405k€327k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€677k€723k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€6k€10k
Other operating charges640/8€2k€208k
Non-recurring operating charges66A-€793k
Gross operating margin9900€98k€-487k
Operating profit (loss)9901€-992k€-2.55M
Financial income75/76B€335k€632k
Recurring financial income75€335k€632k
Financial charges65/66B€92k€55k
Recurring financial charges65€92k€55k
Profit (loss) for the period before taxes9903€-749k€-1.97M
Transfer from deferred taxes780€83k€250k
Income taxes67/77€-13k€0
Profit (loss) for the period9904€-653k€-1.72M
Profit (loss) for the period to be appropriated9905€-653k€-1.72M
Appropriation of the result
Profit (loss) to be appropriated9906€-2.81M€-4.54M
Profit (loss) brought forward from the previous period14P€-2.16M€-2.81M
Social balance
Average headcount (FTE)90874.34.3=

The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2026
22-07
State Gazette act Appointment: Koen Decourt (managing director)
Resignation: P!ETER (director)4 facts ▸
  • Board meeting, 07-07-2026
  • Director appointment, Koen Decourt (managing director)
  • Director resignation, P!ETER (director)
  • Director resignation, P!ETER (day-to-day manager)
17-03
State Gazette act Resignations: Christian BIENFET, Allan VAN HOECKE and 9 others
Appointments: Yves BIENFET, Frederik RAGÉ and 5 others · Permanent representatives: Pieter JOSEPH and Pieter Francine Gerard JOSEPH · Registered-office move37 facts ▸
  • General meeting, 03-03-2026
  • Registered-office move, 9051 Gent, Kortrijksesteenweg 1071
  • Statutes amendment
  • Statutes amendment
  • Director resignation, Christian BIENFET (director)
  • Director resignation, Allan VAN HOECKE (director)
  • Director resignation, Pieter JOSEPH (director)
  • Director resignation, INVENTURES II (director)
  • Director discharge, Christian BIENFET
  • Director discharge, Allan VAN HOECKE
  • Director discharge, Pieter JOSEPH
  • Director discharge, INVENTURES II
  • +25 further facts in this act
2025
08-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
24-01
State Gazette act Appointment: JOSEPH Pieter Francine Gerard (director)
Capital increase · Share issue · Capital9 facts ▸
  • General meeting, 10-01-2025
  • Capital increase, €332.241,55
  • Share issue, D, 3650996
  • Capital, €4.339.977,91
  • Director appointment, JOSEPH Pieter Francine Gerard (director)
  • Power of attorney, elke bestuurder van de vennootschap, alleen handelend
  • Power of attorney, raad van bestuur
  • No additional deposit, 110.000, EUR
  • Share classes
2024
31-12
Financial Weakest financial yearnet €-1.72M
Net result drops to €-1.72M, the lowest in the series.
27-11
State Gazette act Resignation: Yves Bienfet (director)
Power of attorney3 facts ▸
  • Board meeting, 25-06-2024
  • Director resignation, Yves Bienfet (director)
  • Power of attorney, VGD Accountants en Belastingconsulenten
27-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
09-01
State Gazette act Resignation: Pierre-Paul Billiet (director)
Appointment: Yves Bienfet (gecoöpteerde bestuurder) · Capital increase · Bank account8 facts ▸
  • General meeting, 07-12-2023
  • Capital increase, €75.000
  • Bank account, KBC Bank NV, BE08 7440 9789 4413
  • Capital increase, €538.550,75
  • Capital, €3.469.185,61
  • Director resignation, Pierre-Paul Billiet (director)
  • Director appointment, Yves Bienfet (gecoöpteerde bestuurder)
  • Power of attorney, Eversheds Sutherland (Belgium) LLP
2023
10-07
State Gazette act Reappointment: Luc Berben (gecoöpteerd bestuurder)
2 facts ▸
  • General meeting, 26-05-2023
  • Director reappointment, Luc Berben (gecoöpteerd bestuurder)
21-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
25-01
State Gazette act Resignations: VICTRIX, INVENTURES II and 2 others
Appointments: INVENTURES II, Frederik Van Overloop and 4 others · Capital increase · Bank account28 facts ▸
  • General meeting, 23-12-2022
  • Capital increase, €502.440
  • Capital increase, €881.000
  • Bank account, KBC, BE75 7340 6540 1651
  • Capital, €3.394.185,61
  • Statutes amendment
  • Director resignation, VICTRIX (director)
  • Director resignation, INVENTURES II (director)
  • Director resignation, ATWEO (director)
  • Director resignation, MTJA (director)
  • Director discharge, VICTRIX
  • Director discharge, INVENTURES II
  • +16 further facts in this act
2022
31-12
Financial Back to profitnet €184k
Net result €184k after 4 loss-making years.
Show earlier events
31-12
Financial Equity above €2MEq €2.70M ▲96.8%
Equity rises from €1.37M to €2.70M.
07-11
State Gazette act Resignation: Basile Aloy (permanent representative)
Appointment: Jeremy Anciaux (permanent representative) · Power of attorney4 facts ▸
  • General meeting, 06-10-2022
  • Director resignation, Basile Aloy (permanent representative)
  • Director appointment, Jeremy Anciaux (permanent representative)
  • Power of attorney, Caluwaerts Uytterhoeven BV
02-08
State Gazette act Resignations: BV ATWEO (managing director) and COMMV LIGURIS (managing director)
Power of attorney6 facts ▸
  • Board meeting, 27-05-2022
  • Director resignation, BV ATWEO (managing director)
  • Director resignation, COMMV LIGURIS (managing director)
  • General meeting, 10-06-2022
  • Director resignation, COMMV LIGURIS (director)
  • Power of attorney, Caluwaerts Uytterhoeven BV
20-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
16-03
State Gazette act Appointment: WB-Consulting (day-to-day manager)
Permanent representative: Walter Buydens3 facts ▸
  • Board meeting, 21-02-2022
  • Director appointment, WB-Consulting (day-to-day manager)
  • Permanent representative, Walter Buydens
2021
22-11
State Gazette act Resignation: BV Arethusa (day-to-day manager)
Power of attorney3 facts ▸
  • Board meeting, 13-09-2021
  • Power of attorney, WB Consulting NV
  • Director resignation, BV Arethusa (day-to-day manager)
01-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
09-04
State Gazette act Appointment: ARETHUSA (day-to-day manager)
Permanent representative: Basile Aloy · Power of attorney4 facts ▸
  • Board meeting, 01-04-2021
  • Director appointment, ARETHUSA (day-to-day manager)
  • Permanent representative, Basile Aloy
  • Power of attorney, Legal Office BV
22-01
State Gazette act Capital & shares · Statutes amendment
Capital increase · Capital · Statutes amendment6 facts ▸
  • General meeting, 30-12-2020
  • Capital increase, €131.242,85
  • Capital increase, €186.957,15
  • Capital, €2.010.745,61
  • Statutes amendment
  • Statute replacement, Integrale opheffing van de bestaande statuten en vervanging door volledig nieuwe statuten van een naamloze vennootschap met een klassiek monistisch bestuur over…
2020
31-12
Financial Equity above €2MEq €2.70M ▲2027%
Equity rises from €127k to €2.70M.
22-09
State Gazette act Resignations: Jasper Verreydt (director) and Geert Slachmuylders (director)
Appointments: Comm.V. Liguris (director) and BVBA Atweo (director) · Permanent representatives: Jasper Verreydt and Geert Slachmuylders · Mandate compensation12 facts ▸
  • General meeting, 31-03-2020
  • Director resignation, Jasper Verreydt (director)
  • Director resignation, Geert Slachmuylders (director)
  • Director appointment, Comm.V. Liguris (director)
  • Director appointment, BVBA Atweo (director)
  • Permanent representative, Jasper Verreydt
  • Permanent representative, Geert Slachmuylders
  • Mandate compensation, Comm.V. Liguris
  • Mandate compensation, BVBA Atweo
  • Board meeting, 02-04-2020
  • Director appointment, Comm.V. Liguris (managing director)
  • Director appointment, BVBA Atweo (managing director)
14-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 45 days late
2019
09-12
State Gazette act Registered office
Registered-office move2 facts ▸
  • Board meeting, 19/11/2019
  • Registered-office move, Wijgmaalsesteenweg 6, 3012 Leuven
03-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
24-05
State Gazette act Appointment: BVBA MTJA (director)
Permanent representative: Luc Sterckx3 facts ▸
  • General meeting, 05-04-2019
  • Director appointment, BVBA MTJA (director)
  • Permanent representative, Luc Sterckx
19-04
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 262 days late
2018
04-09
State Gazette act Resignations: Geert Slachmuylders (manager) and Jasper Verreydt (manager)
Appointments: Geert Slachmuylders, Jasper Verreydt and 2 others · Permanent representatives: Laurent Jouret and Basile Aloy · Net-asset statement27 facts ▸
  • General meeting, 09-08-2018
  • Net-asset statement, 31-05-2018
  • Capital increase, €53.948,61
  • Legal-form conversion, naamloze vennootschap
  • Director resignation, Geert Slachmuylders (manager)
  • Director resignation, Jasper Verreydt (manager)
  • Director discharge, Geert Slachmuylders
  • Director discharge, Jasper Verreydt
  • Director appointment, Geert Slachmuylders (class A director)
  • Director appointment, Jasper Verreydt (class A director)
  • Director appointment, Inventures II (class B director)
  • Permanent representative, Laurent Jouret
  • +15 further facts in this act
13-06
State Gazette act Capital & shares
Capital increase · Bank account · Capital5 facts ▸
  • General meeting, 18-05-2017
  • Capital increase, €3.597
  • Bank account, BE57 7440 7053 2935
  • Capital increase, €15.000
  • Capital, €38.597
2017
28-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 59 days late
2015
29-01
State Gazette act Incorporation
Appointments: SLACHMUYLDERS Geert Victor Yvonne (manager) and VERREYDT Jasper René Josée (manager) · Founding capital · Bank account9 facts ▸
  • Incorporation, 12-01-2015
  • Founding capital, €20.000
  • Bank account, KBC Bank, BE98 7390 1093 1493
  • Director appointment, SLACHMUYLDERS Geert Victor Yvonne (manager)
  • Director appointment, VERREYDT Jasper René Josée (manager)
  • Mandate compensation, SLACHMUYLDERS Geert Victor Yvonne
  • Mandate compensation, VERREYDT Jasper René Josée
  • Power of attorney, Leagle
  • Capital contribution, €7.000
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
11 directors, no change since 2026
Koen Decourt
Managing director · since 03-03-2026
Current
Maarten Maria Georges MICHIELSSENS
Director · since 03-03-2026
Current
SLACHMUYLDERS Geert Victor Yvonne
Director · since 03-03-2026
Current
JOSEPH Pieter Francine Gerard
Director · since 10-01-2025
Current
INVENTURES II
Director · since 23-12-2022 · Legal entity
Current
WB-Consulting
Day-to-day manager · since 01-02-2022 · Legal entity · perm. rep.: Walter Buydens
Current
5 other directors
ARETHUSA
Day-to-day manager · since 01-04-2021 · Private limited company · perm. rep.: Basile Aloy
Current
ECOHYDRO
Director · since 01-12-2019 · Private limited company · perm. rep.: Geert Slachmuylders
Not recently confirmed
Liguris
Director · since 01-12-2019 · Limited partnership · perm. rep.: Jasper Verreydt
Not recently confirmed
MTJA bvba
Director · since 05-04-2019 · Legal entity · perm. rep.: Luc Sterckx
Not recently confirmed
VICTRIX
Class B director · since 09-08-2018 · Public limited company · perm. rep.: Basile Aloy
Not recently confirmed
02-07-2026 Koen Decourt: Appointed as Managing director
02-07-2026 P!ETER: Resigned as Director
02-07-2026 P!ETER: Resigned as Day-to-day manager
03-03-2026 Koen Decourt: Appointed as Director
03-03-2026 Maarten Maria Georges MICHIELSSENS: Appointed as Director
Full history in the Timeline (56 changes) →
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2019
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Kortrijksesteenweg 10719051 Gent
Ground area
2.0 ha
Building footprint
5,266 m²
Volume, LiDAR
13,620 m³
2 parcels, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TURBULENT
Wijgmaalsesteenweg 6, 3012 LeuvenEngineering and related technical consultancy, excluding land surveyors
since 20192.289.367.472
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44062B0320/00M005 Flanders 1.5 ha 1 · 2,773 m² -
24126C0073/00G004 Flanders 4,964 m² 1 · 2,493 m² 7.3 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Articles of association

Purpose
Projectontwikkeling en productontwikkeling, onderzoek en ontwikkeling in de sector van duurzame energie en rationeel energieverbruik, evenals commercialisering van de ontwikkelde…
Full purpose

Projectontwikkeling en productontwikkeling, onderzoek en ontwikkeling in de sector van duurzame energie en rationeel energieverbruik, evenals commercialisering van de ontwikkelde producten en projecten; beleidsadvies en studies voor het bedrijfsleven, de overheid en particulieren in de sector van duurzame energie en rationeel energieverbruik; het ontwikkelen, de studie, de import en export, de aan en verkoop, de distributie, het plaatsen en herstellen van alle soorten energiesystemen, zoals bijvoorbeeld zonne-energie, windenergie, waterkrachtenergie, en dergelijke meer, en ermee verband houdende toebehoren en onderdelen in al zijn directe en indirecte facetten, alsook de levering en de plaatsing van periferische apparatuur; het ontwikkelen, kopen, verkopen, in licentie nemen of geven van octrooien, merken, licenties, intellectuele rechten, knowhow en aanverwante immateriële duurzame activa; productie en distributie van elektriciteit, ongeacht de wijze waarop dit gebeurt, bijvoorbeeld via thermische centrales, waterkrachtcentrales, gasturbines, windkrachtcentrales of door aanwending van stookolie; het ontwikkelen en produceren van alle soorten opslagtanks, zuiveringsinstallaties en hun toebehoren; de studie, adviesverlening, bijstandverlening, expertise, engineering en elke dienstverlening in het kader van de in dit voorwerp beschreven activiteiten; alle mogelijke activiteiten van management en consultancy; het voeren van energieaudits; het uitvoeren van technische testen en analyses; alle mogelijke installatiewerkzaamheden verbonden aan de handel van voornoemde producten; alle onroerende verrichtingen; alle mogelijke commerciële, industriële, financiële, roerende of onroerende verrichtingen, die in de ruimste zin, direct of indirect, verband houden met haar voorwerp of die van aard zijn dat de verwezenlijking en ontwikkeling ervan bevorderen; de deelneming in alle vennootschappen, verenigingen en ondernemingen, zowel in België als in het buitenland, bij wijze van inbreng, inschrijving, overdracht, deelneming, fusie, financiële tussenkomst of anderszins; het waarnemen van het mandaat van bestuurder, zaakvoerder, directeur of vereffenaar in andere vennootschappen.

Structure & network

Connections & network

3 connected companies

Capital and shareholders

Shareholders according to the acts
After 2 capital increases act of 04-09-2018 ↗
  • Spreds Finance (BE 0538.839.354) 250,000 shares · 250,000 EUR
  • Inventures II (BE 0668.434.522) 600,000 shares · 600,000 EUR
  • Victrix (BE 0427.686.163) 750,000 shares · 750,000 EUR

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 24-01-2025 Capital increase of 332,241.55 EUR · to 4,339,977.91 EUR · 3,650,996 new shares · in kind
  2. 09-01-2024 Capital increase of 75,000 EUR · 824,176 new shares
  3. 09-01-2024 Capital increase of 538,550.75 EUR · 5,918,141 new shares
  4. 25-01-2023 Capital increase of 502,440 EUR · 8,095,605 new shares
  5. 25-01-2023 Capital increase of 881,000 EUR · 9,681,318 new shares
  6. 22-01-2021 Capital increase of 131,242.85 EUR · to 1,823,788.46 EUR · 318,200 new shares · in cash
  7. 22-01-2021 Capital increase of 186,957.15 EUR · to 2,010,745.61 EUR · no new shares · from reserves
  8. 04-09-2018 Capital increase of 53,948.61 EUR · to 92,545.61 EUR · 1,727 new shares · in kind
Show 4 older capital entries
  1. 04-09-2018 Capital increase of 1,600,000 EUR · to 1,692,545.61 EUR · 1,600,000 new shares
  2. 13-06-2018 Capital increase of 3,597 EUR · to 23,597 EUR · 3,597 new shares · in cash
  3. 13-06-2018 Capital increase of 15,000 EUR · to 38,597 EUR · 3,453 new shares · in cash
  4. 29-01-2015 Incorporation · 20,000 EUR · 20,000 shares

Public money · subsidies and aid

Flemish government

2022 to 2025 · 11 entries · 2,782,080 EUR awarded · 1,350,246 EUR paid
Year Entries awardedpaid
2025 2 1,490 EUR660,962 EUR
2024 4 1,649,721 EUR680,914 EUR
2023 4 1,129,024 EUR6,525 EUR
2022 1 1,845 EUR1,845 EUR
Schemes
Subsidie voor projecten internationale klimaatfinanciering (Vlaams klimaatfonds)
3 entries · 2,764,640 EUR · 1,332,806 EUR paid · Vlaams Energie- en Klimaatagentschap
Subsidies voor internationaal ondernemen
4 entries · 10,900 EUR · 10,900 EUR paid · Vlaams Agentschap voor Internationaal Ondernemen
Werkbaarheidscheque (stopgezet)
2 entries · 3,540 EUR · 3,540 EUR paid · Departement Werk en Sociale Economie
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 3,000 EUR · 3,000 EUR paid · Fonds voor Innoveren en Ondernemen

European Union, budget

2025 · 1 entry · 2,500,000 EUR in total
Year Entries awarded
2025 1 2,500,000 EUR
Projects
EMPOWERING RURAL ZAMBIA (TURBULENT NV)
11th European Development Fund · 13-12-2025 to 12-12-2028 · 2,500,000 EUR

European research

3 projects · 1 as coordinator · 2,723,306 EUR EU contribution
Programmes
Horizon 2020
3 entries · 2,723,306 EUR
Projects
A revolutionary HYDRO POWER technology to sustainably exploit super-low-head water steps
Horizon 2020 · coordinator · 01-08-2019 to 31-12-2022 · 2,458,050 EUR · Turbulent
CREATing cOmmunity eneRgy Systems
Horizon 2020 · participant · 01-09-2020 to 30-06-2024 · 133,875 EUR · CREATORS
Accelerating Water Smartness in Coastal Europe
Horizon 2020 · participant · 01-09-2020 to 31-08-2024 · 131,381 EUR · B-WaterSmart

Similar companies · same sector, comparable size

Of 11,550 companies in sector 71121 we hold annual accounts for 6,563. 4,871 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded12-01-2015
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
68121Development of residential building projects
70200Business and other management consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.