Turbo Energy (TURB) Balance Sheet: Assets & Liabilities

Turbo Energy (TURB) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Turbo Energy reported total assets of EUR 24.41M and total liabilities of EUR 22.81M. Shareholders' equity was EUR 1.60M, down 39.0% from EUR 2.62M a year earlier. Total debt stood at EUR 6.85M against EUR 527.69K in cash and short-term investments, a net debt position of EUR 6.32M. That puts debt-to-equity at 4.28, compared with 2.00 a year earlier.

Turbo Energy Balance Sheet Analysis

Values in millions EUR

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Turbo Energy, S.A. (TURB) - Annual data in millions EUR
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	0.49	2.38	0.62	0.50	0.62	0.83	0.08	0.55	0.28
Short-Term Investments	0.03	0.05	2.05	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	0.53	2.44	2.67	0.51	0.62	0.83	0.08	0.55	0.28
Accounts Receivable	12.18	3.36	2.22	3.14	3.43	0.06	0.06	0.10	0.25
Inventory	3.44	1.95	6.37	10.74	3.32	0.00	0.00	0.00	0.00
Other Current Assets	3.64	1.02	1.05	0.74	1.85	0.02	0.03	0.05	0.00
Total Current Assets	19.80	8.58	13.12	14.62	8.96	0.92	0.17	0.70	0.53
Non-Current Assets
Property, Plant & Equipment (Net)	0.24	0.31	0.21	0.24	0.08	3.48	5.22	5.01	4.85
Long-Term Investments	0.00	0.00	0.00	0.00	0.00	0.17	0.15	0.00	0.00
Intangible Assets	2.10	1.71	0.84	0.37	0.11	0.00	0.00	0.00	0.00
Other Non-Current Assets	0.00	0.00	1.06	0.00	0.00	0.00	0.00	0.00	0.00
Total Non-Current Assets	4.61	4.07	2.11	0.61	0.19	3.65	5.38	5.01	4.85
Total Assets	24.41	12.65	15.23	15.24	9.15	4.57	5.55	5.71	5.38
Current Liabilities
Accounts Payable	12.21	2.02	2.04	2.65	2.67	0.08	0.21	0.05	0.09
Short-Term Debt	4.78	4.46	0.23	0.23	4.21	0.00	0.00	0.00	0.00
Current Portion of Long-Term Debt	4.76	4.46	3.90	8.01	4.21	-	-	-	-
Accrued Liabilities	0.36	0.01	0.13	0.08	0.54	-	-	-	-
Deferred Revenue	0.12	0.77	0.07	0.16	0.19	0.00	0.00	0.00	0.00
Other Current Liabilities	3.42	1.81	3.85	0.24	0.54	0.07	0.55	0.00	0.02
Total Current Liabilities	20.71	9.21	9.82	10.96	8.17	0.15	0.76	0.05	0.11
Non-Current Liabilities
Long-Term Debt	2.07	0.77	0.09	0.32	0.55	0.00	0.00	0.00	0.00
Deferred Tax Liabilities	0.03	0.03	0.03	0.00	0.00	0.00	0.00	0.00	0.00
Other Non-Current Liabilities	0.00	0.00	0.03	0.00	0.00	0.00	0.00	0.00	0.00
Total Non-Current Liabilities	2.10	0.81	0.15	0.36	0.60	0.00	0.00	0.00	0.00
Total Liabilities	22.81	10.02	9.97	11.32	8.76	0.27	0.97	0.11	0.17
Stockholders' Equity
Common Stock	2.75	2.75	2.75	2.50	0.00	0.00	0.00	0.05	0.04
Retained Earnings	-6.51	-5.35	-2.01	1.03	0.27	-48.13	-53.38	-47.81	-46.44
Accumulated Other Comprehensive Income	1.41	1.41	1.41	0.38	0.12	0.00	0.00	0.00	0.00
Additional Paid-in Capital	3.94	3.81	3.10	0.00	0.00	52.42	57.96	53.37	51.62
Shares Outstanding	55.09	55.09	55.09	55.09	55.09	-	-	-	-
Total Stockholders' Equity	1.60	2.62	5.26	3.92	0.39	4.30	4.58	5.61	5.22
Total Liabilities & Equity	24.41	12.65	15.23	15.24	9.15	4.57	5.55	5.71	5.38

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Turbo Energy Balance Sheet

How much debt does Turbo Energy have?

Turbo Energy had total debt of EUR 6.85M as of Dec 31, 2025, against EUR 527.69K in cash and short-term investments. Its debt-to-equity ratio was 4.28. Total debt was EUR 5.24M a year earlier.

What are Turbo Energy's total assets?

Turbo Energy reported total assets of EUR 24.41M as of Dec 31, 2025, up 93.0% from EUR 12.65M a year earlier. Total liabilities were EUR 22.81M.

What is Turbo Energy's shareholders' equity?

Turbo Energy's shareholders' equity was EUR 1.60M as of Dec 31, 2025, or about EUR 0.03 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition