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Turnaround Management

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Financial year 2025 · Closed on 31/12/2025

Net result-101,9 k €+24,0 %over 1 year
Gross margin-87,9 k €-23,6 %over 1 year
Equity-168,2 k €-154,0 %over 1 year

Identity

Source · BCE/KBO

Turnaround Management is a Private limited company incorporated in 2015. Its main activity is: Holiday and other short-stay accommodation. Its registered office is in Brasschaat.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0578.850.468
Incorporation
23/01/2015
Legal form
Private limited company
Registered office
Parklei 16
2930 Brasschaat · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025

Financials

Source · NBB, 11 filings

Trend over 11 financial years

20252024202320222021
Income statement
Gross margin-87,9 k €-71,1 k €-172,7 k €69,3 k €346,5 k €
EBITDA-94,4 k €-79,6 k €-173,5 k €59,3 k €340,2 k €
Operating result-95,7 k €-119,5 k €-214,6 k €18,5 k €293,6 k €
Net result-101,9 k €-134,2 k €-221 k €3,3 k €209,1 k €
Balance sheet
Equity-168,2 k €-66,2 k €68 k €289 k €285,7 k €
Total assets452,3 k €487,3 k €533,8 k €570,6 k €619,3 k €
Cash15,6 k €12,9 k €48,9 k €31,1 k €61,5 k €
Debts620,5 k €552,5 k €464,6 k €281,6 k €333,6 k €

Board of directors

Source · NBB, accounts to 31/12/2025

2 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Ran Ancho
Directorsince 16/04/2015Manager16/04/2015 → 2018 accountsended
Sharon Ancho
Directorsince 23/01/2015Manager23/01/2015 → 2018 accountsended

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/07/202631/08/202502/08/202431/08/202331/08/202219/07/2021
General meeting30/06/202627/06/202528/06/202430/06/202324/06/202225/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 11 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202628/07/2026DutchPDF
Micro model31/12/202427/06/202531/08/2025DutchPDF
Micro model31/12/202328/06/202402/08/2024DutchPDF
Micro model31/12/202230/06/202331/08/2023DutchPDF
Micro model31/12/202124/06/202231/08/2022DutchPDF
Micro model31/12/202025/06/202119/07/2021DutchPDF
Micro model31/12/201904/09/202001/10/2020DutchPDF
Micro model31/12/201830/06/201930/07/2019DutchPDF
Micro model31/12/201729/06/201820/07/2018DutchPDF
Micro model31/12/201630/06/201703/07/2017DutchPDF
Abridged model31/12/201524/06/201628/06/2016DutchPDF

Indicative valuation

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.

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Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Ran Ancho
Directorsince 16/04/2015Manager16/04/2015 → 2018 accountsended
Sharon Ancho
Directorsince 23/01/2015Manager23/01/2015 → 2018 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other29/09/2021
    DOEL
    PDF
  • Mandates03/08/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/05/2015
    BENOEMING BIJKOMENDE ZAAKVOERDER
    PDF
  • Other27/01/2015
    T.A.M.
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

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Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings11 filings
Mandates
Sharon Ancho
Ran Ancho
201520162017201820192020202120222023202420252026
Turnaround Management
Parklei 16, 2930 Brasschaat
DirectorManager
DirectorManager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Parklei 16, 2930 BrasschaatCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00346120

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Turnaround ManagementCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00346120

Events

  1. 2025
    Annual accounts 2025-101,9 k €↑
  2. 2024
    Annual accounts 2024-134,2 k €↑
  3. 2023
    Annual accounts 2023-221 k €↓
  4. 2022
    Annual accounts 20223,3 k €↓
  5. 2021
    Annual accounts 2021209,1 k €↑
  6. 2020
    Annual accounts 202018,8 k €↓
  7. 2019
    Annual accounts 2019121 k €↑
  8. 2018
    Annual accounts 201894,6 k €↑
  9. 2017
    Annual accounts 201732 k €↑
  10. 2016
    Annual accounts 201612,8 k €↑
  11. 2015
    Annual accounts 2015-10,7 k €
  12. 23/01/2015
    IncorporationPrivate limited company