Turbo Energy, S.A. (TURB) Balance Sheet

NASDAQ: TURBAssets, liabilities, debt and equity over 10 years.

TURB balance sheet, 2025

December 31, 2025 · euros

€24.4M assets = €22.8M liabilities + €1.6M equity

What it owns€24.4MCash & ST investments: €527,686 (2.2%)Receivables: €12.2M (49.9%)Receivables€12.2M · 50%Inventory: €3.4M (14.1%)Inventory€3.4M · 14%Other current: €3.6M (14.9%)Other current€3.6M · 15%PP&E: €236,410 (1.0%)Goodwill & intangibles: €2.1M (8.6%)€2.1MOther non-current: €2.3M (9.3%)Other non-current €2.3M=How it is financed€24.4MCurrent liabilities: €20.7M (84.8%)Current liabilities€20.7M · 85%Long-term debt: €2.1M (8.4%)Long-term debt €2.1MOther LT liabilities: €40,654 (0.2%)Shareholders’ equity: €1.6M (6.6%)Shareholders’ equity €1.6M

Both columns are drawn to the same scale: what TURB owns equals what it owes plus shareholders’ equity. Hover a block for its value.

TURB financial health

Current ratio0.96
Tight · current assets cover current liabilities 0.96×
Debt / equity4.28
High leverage · €4.28 of debt for each $1 of equity
Equity / assets6.6%
Thin equity · of assets funded by shareholders
Cash / debt7.7%
Low cash cover · cash & short-term investments vs total debt
Goodwill & intangibles8.6%
Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

TURB balance sheet trends, 2016–2025

MetricTrendThenLatestChange
Total assets€2.7M2016€24.4M2025+27.9%/yr
Total liabilities€80,1872016€22.8M2025+87.4%/yr
Shareholders’ equity€2.6M2016€1.6M2025−5.2%/yr
Cash & short-term investments€435,6282016€527,6862025+2.2%/yr
Total debt€4.8M2021€6.8M2025+9.2%/yr
Net cash (debt)−€4.2M2021−€6.3M2025−€2.1M
Working capital€383,6822016−€910,1352025−€1.3M
Current ratio7.9320160.962025−6.98
Debt / equity12.4320214.282025−8.15
Shares outstanding824K20162.2M2025+11.6%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

TURB assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

TURB liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

TURB debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

TURB balance sheet in euros

2025202420232022202120202019201820172016
Assets
Cash & short-term investments€527,686€2.4M€2.7M€502,585€616,445€830,281€76,883€551,862€279,194€435,628
Cash & equivalents€493,129€2.4M€620,531€502,585€616,445€830,281€76,883€551,862€279,194€435,628
Short-term investments€34,557€52,050€2.0M€0——————
Receivables€12.2M€3.2M€3.8M€3.3M€3.2M€63,989€62,969€99,346€247,495€0
Inventory€3.4M€2.0M€5.6M€10.1M€3.3M€0€0€0€0€0
Other current assets€3.6M€1.0M€1.0M€735,606€1.9M€23,952€31,019€48,477€2,670€3,395
Total current assets€19.8M€8.6M€13.1M€14.6M€9.0M€918,222€170,871€699,685€529,359€439,023
Property, plant & equipment (net)€236,410€309,173€214,019€244,891€79,300€3.5M€5.2M€5.0M€4.9M€2.2M
Goodwill & intangible assets€2.1M€1.7M€835,706€368,706€106,789€0€0€0€0€0
Long-term investments€0€0€0€0€0€0€0€0€0€0
Other non-current assets€2.3M€2.0M€1.1M€0€4,033€176,120€157,181€2,313€2,257€2,868
Total assets€24.4M€12.6M€15.2M€15.2M€9.1M€4.6M€5.6M€5.7M€5.4M€2.7M
Liabilities
Accounts payable€12.2M€2.0M€1.8M€2.4M€2.7M€80,277€212,098€45,149€90,464€45,377
Short-term debt€4.8M€4.5M€3.9M€8.1M€4.2M—————
Deferred revenue€121,015€772,740€70,139€156,886€191,524—————
Total current liabilities€20.7M€9.2M€9.8M€11.0M€8.2M€154,792€758,539€45,830€107,997€55,341
Long-term debt€2.1M€774,471€94,313€324,292€554,664€0€0€0€0€0
Lease obligations€22,262€36,325€56,066€95,059€56,743—————
Other long-term liabilities€40,654€37,297€51,270€39,098€41,245€114,791€206,978€60,406€60,461€24,846
Total liabilities€22.8M€10.0M€10.0M€11.3M€8.8M€269,583€965,517€106,236€168,458€80,187
Shareholders' equity
Common stock & paid-in capital€2.8M€2.8M€2.8M€2.5M€4,285€4,662€4,142€45,586€42,200€47,232
Retained earnings (deficit)−€6.5M−€5.4M−€2.0M€1.0M€267,222−€48.1M−€53.4M−€47.8M−€46.4M−€57.2M
Accumulated other comprehensive income€1.4M€1.4M€1.4M€383,268€116,046—————
Total shareholders' equity€1.6M€2.6M€5.3M€3.9M€387,553€4.3M€4.6M€5.6M€5.2M€2.6M
Key figures
Total debt€6.8M€5.3M€4.0M€8.4M€4.8M—————
Net cash (debt)−€6.3M−€2.8M−€1.4M−€7.9M−€4.2M—————
Working capital−€910,135−€630,258€3.3M€3.7M€793,340€763,430−€587,668€653,855€421,362€383,682
Tangible book value−€502,511€910,959€4.4M€3.5M€280,764€4.3M€4.6M€5.6M€5.2M€2.6M
Shares outstanding2.2M2.2M2.1M2.2M2.2M1.4M1.1M970K862K824K
Current ratio0.960.931.341.331.105.930.2315.274.907.93
Quick ratio0.610.610.660.350.465.780.1814.214.887.87
Debt / equity4.282.010.772.1512.43—————
Equity / assets6.6%20.7%34.5%25.7%4.2%94.1%82.6%98.1%96.9%97.0%

Quarterly columns are labeled by the month the quarter ended. Figures in euros as reported (latest annual report filed May 15, 2026); data from EODHD.

TURB financial position

At the end of fiscal 2025 (December 31, 2025), Turbo Energy, S.A. had total assets of €24.4 million (up 93.0% from a year earlier), total liabilities of €22.8 million and shareholders' equity of €1.6 million. It held €0.5 million in cash and short-term investments against €6.8 million of debt, net debt of €6.3 million. Its current ratio was 0.96. In the latest quarter (ended June 30, 2026) total assets were €22.7 million and equity €5.5 million.

Related: TURB income statement, TURB cash flow statement, TURB key metrics. See the TURB stock overview for the latest quote and news.

TURB balance sheet FAQ

What are Turbo Energy, S.A.'s total assets?

Turbo Energy, S.A. reported total assets of €24.4 million at the end of fiscal 2025 (December 31, 2025), compared with €12.6 million a year earlier.

How much debt does Turbo Energy, S.A. have?

Turbo Energy, S.A. had €6.8 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 4.28.

How much cash does Turbo Energy, S.A. have?

Turbo Energy, S.A. held €0.5 million in cash and short-term investments at the end of fiscal 2025; with €6.8 million of debt that is net debt of €6.3 million.

What is Turbo Energy, S.A.'s book value?

Turbo Energy, S.A.'s shareholders' equity (book value) was €1.6 million at the end of fiscal 2025.

What is Turbo Energy, S.A.'s current ratio?

Turbo Energy, S.A. had current assets of €19.8 million and current liabilities of €20.7 million, a current ratio of 0.96 (current liabilities exceed current assets).

How much goodwill does Turbo Energy, S.A. have?

Turbo Energy, S.A. carried €2.1 million of goodwill and intangible assets, 8.6% of total assets, at the end of fiscal 2025.

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