ACTIVE

TURBULENT

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Financial year 2024 · closed on 31/12/2024
Net result
-1,7 M €
-163.8% YoY
Gross margin
-487,3 k €
-596.7% YoY
Equity
307,8 k €
-86.8% YoY
Workforce
4,3 ETP
0.0% YoY

What does TURBULENT do?

TURBULENT is a Public limited company incorporated in 2015. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Gent. It employs on average 4,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0568.847.689
Incorporation
12/01/2015
Legal form
Public limited company
Registered office
Kortrijksesteenweg 1071
9051 Gent · FlandreSee on map
Contributed capital
4 339 977,91 €
Latest accounts
31/12/2024
Average workforce
4,3 ETP
Activities (NACE)
71121Engineering activities and related technical consultancy· main71121Engineering activities and related technical consultancy41101Development of building projects68121Buying and selling of own real estate70200Management consultancy activities70220Business and other management consultancy activities+2
Joint committees (2)
  • 200
  • 20000
Signals
Healthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2024202320222021201820172016
Income statement
Gross margin-487,3 k €98,1 k €514,3 k €232,9 k €-145,6 k €221,9 k €-106,7 k €
EBITDA-1,8 M €-308,4 k €127,9 k €-93,8 k €-279,9 k €106,2 k €-130,5 k €
Operating result-2,5 M €-992 k €-374,4 k €-577,5 k €-344,6 k €59,6 k €-223,5 k €
Net result-1,7 M €-652,9 k €184,2 k €-723 k €-339 k €62,6 k €-239,8 k €
Balance sheet
Equity307,8 k €2,3 M €2,7 M €1,4 M €1,2 M €-157,3 k €-219,8 k €
Total assets2,6 M €3,7 M €4,6 M €3 M €1,5 M €363,5 k €278,3 k €
Cash599,8 k €265,3 k €564,6 k €527,4 k €965 k €14,9 k €36,3 k €
Debts2,1 M €952,8 k €1,4 M €1,2 M €317,1 k €497,9 k €474,9 k €
Other
Workforce4,3 ETP4,3 ETP6,7 ETP–2,8 ETP2,8 ETP0,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 7 active · 27 ended

Active mandates

P!ETER

Director · since 14 avril 2025 · until 31 mai 2030 · 0741.447.016

Represented by Joseph PIETER

Active
Frederik Ragé

Director · since 24 mars 2025 · until 31 mai 2030

Active
Yves Bienfet

Director · since 25 novembre 2024 · until 31 mai 2030

Active
Luc Berben

Director · since 15 mars 2023 · until 26 mai 2028

Active
Frederik Van Overloop

Director · since 23 décembre 2022 · until 26 mai 2028

Active
INVENTURES II

Director · since 23 décembre 2022 · until 26 mai 2028 · 0668.434.522

Represented by Jouret LAURENT

Active
MTJA

Director · since 23 décembre 2022 · until 26 mai 2028 · 0836.703.984

Represented by Sterckx LUC

Active

Ended mandates

Yves Bienfet

Director · since 07 décembre 2023 · until 07 décembre 2029

Ended
Luc BERBEN

Director · since 15 mars 2023 · until 15 mars 2029

Ended
Allan Van Hoecke

Director · since 23 décembre 2022 · until 23 décembre 2028

Ended
Christian Bienfet

Director · since 23 décembre 2022 · until 23 décembre 2028

Ended
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Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelMicro 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 date08/07/202527/06/202421/06/202320/06/202201/06/202114/09/2020
General meeting30/05/202507/06/202426/05/202310/06/202228/05/202129/05/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202430/05/202508/07/2025DutchPDF
Abridged model31/12/202307/06/202427/06/2024DutchPDF
Abridged model31/12/202226/05/202321/06/2023DutchPDF
Micro model31/12/202110/06/202220/06/2022DutchPDF
Abridged model31/12/202028/05/202101/06/2021DutchPDF
Abridged model31/12/201929/05/202014/09/2020DutchPDF
Abridged model31/12/201831/05/201903/07/2019DutchPDF
Abridged model31/12/201705/04/201919/04/2019DutchPDF
Abridged model31/12/201631/08/201728/09/2017DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 7 active · 27 ended

Active mandates

P!ETER

Director · since 14 avril 2025 · until 31 mai 2030 · 0741.447.016

Represented by Joseph PIETER

Active
Frederik Ragé

Director · since 24 mars 2025 · until 31 mai 2030

Active
Yves Bienfet

Director · since 25 novembre 2024 · until 31 mai 2030

Active
Luc Berben

Director · since 15 mars 2023 · until 26 mai 2028

Active
Frederik Van Overloop

Director · since 23 décembre 2022 · until 26 mai 2028

Active
INVENTURES II

Director · since 23 décembre 2022 · until 26 mai 2028 · 0668.434.522

Represented by Jouret LAURENT

Active
MTJA

Director · since 23 décembre 2022 · until 26 mai 2028 · 0836.703.984

Represented by Sterckx LUC

Active

Ended mandates

Yves Bienfet

Director · since 07 décembre 2023 · until 07 décembre 2029

Ended
Luc BERBEN

Director · since 15 mars 2023 · until 15 mars 2029

Ended
Allan Van Hoecke

Director · since 23 décembre 2022 · until 23 décembre 2028

Ended
Christian Bienfet

Director · since 23 décembre 2022 · until 23 décembre 2028

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/03/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates24/01/2025
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/01/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

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 2024-1,7 M €↓
  2. 2023
    Annual accounts 2023-652,9 k €↓
  3. 2022
    Annual accounts 2022184,2 k €↑
  4. 2021
    Annual accounts 2021-723 k €↓
  5. 2018
    Annual accounts 2018-339 k €↓
  6. 2017
    Annual accounts 201762,6 k €↑
  7. 2016
    Annual accounts 2016-239,8 k €
  8. 12/01/2015
    IncorporationPublic limited company