What does Turnaround Management do?

Turnaround Management is a holiday accommodation in Brasschaat. Private Limited, started on 23 January 2015, 2 establishments.

What is the address of Turnaround Management?

The registered office of Turnaround Management is located at Parklei 16, 2930 Brasschaat.

Is Turnaround Management still active?

Yes. According to the CBE (29 October 2026) Turnaround Management is active, legal situation “Normale toestand”, started on 23 January 2015.

Is Turnaround Management registered on Peppol?

Yes, Turnaround Management is registered on the Peppol network with ID 0208:0578850468.

What is the enterprise number of Turnaround Management?

The enterprise number of Turnaround Management is BE0578850468.

When was Turnaround Management founded?

Turnaround Management was founded on 23 January 2015.

Who are the directors of Turnaround Management?

According to the 2025 annual accounts, the directors of Turnaround Management are: Ran Ancho, Sharon Ancho.

Is Turnaround Management a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 23 January 2015; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 2 establishments in the CBE.

How much profit did Turnaround Management make in 2025?

Turnaround Management recorded a loss after taxes of € 101,942 in financial year 2025.

What is the revenue of Turnaround Management?

As a small company, Turnaround Management is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -87,863.

Turnaround Management (Private Limited) - Brasschaat

Dossier Turnaround Management, printed on 29 October 2026 from databakkes.be/en/0578850468/turnaround-management. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 2 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Turnaround Management from Brasschaat, company number BE0578850468, closed financial year 2025 with a result of € -101,942 after tax. For that financial year Turnaround Management recorded a gross margin of € -87,863 and equity of € -168,159. Compared with financial year 2024, the result moved from € -134,210 to € -101,942. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.

What it is worth Caution

€ -168,159

▼ € 101,942 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -101,942

▲ 24 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 15,623

▲ 21% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -186,759.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 65,165

▼ 39% vs 2024

€ 20,127 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 16,099

▲ 275% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 3,691

▼ 45% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 69,258 Gross margin 2022: € 69,258 First fiscal year in the series	€ -172,652 Gross margin 2023: € -172,652 ▼ € 241,910 vs 2022 (€ 69,258) Unfavourable step	€ -71,078 Gross margin 2024: € -71,078 ▲ € 101,574 vs 2023 (€ -172,652) Favourable step	€ -87,863 Gross margin 2025: € -87,863 ▼ € 16,785 vs 2024 (€ -71,078) Unfavourable step	▼ € 16,785
Profit after taxes	€ 3,316 Profit after taxes 2022: € 3,316 First fiscal year in the series	€ -221,005 Profit after taxes 2023: € -221,005 ▼ € 224,321 vs 2022 (€ 3,316) Unfavourable step	€ -134,210 Profit after taxes 2024: € -134,210 ▲ € 86,795 vs 2023 (€ -221,005) Favourable step	€ -101,942 Profit after taxes 2025: € -101,942 ▲ € 32,268 vs 2024 (€ -134,210) Favourable step	▲ € 32,268
Equity	€ 288,998 Equity 2022: € 288,998 First fiscal year in the series	€ 67,993 Equity 2023: € 67,993 ▼ 76% vs 2022 (€ 288,998) Unfavourable step	€ -66,217 Equity 2024: € -66,217 ▼ € 134,210 vs 2023 (€ 67,993) Unfavourable step	€ -168,159 Equity 2025: € -168,159 ▼ € 101,942 vs 2024 (€ -66,217) Unfavourable step	▼ € 101,942
Total debts	€ 281,624 Total debts 2022: € 281,624 First fiscal year in the series	€ 465,799 Total debts 2023: € 465,799 ▲ 65% vs 2022 (€ 281,624) Unfavourable step	€ 553,469 Total debts 2024: € 553,469 ▲ 19% vs 2023 (€ 465,799) Unfavourable step	€ 620,508 Total debts 2025: € 620,508 ▲ 12% vs 2024 (€ 553,469) Unfavourable step	▲ 12%
Cash	€ 31,127 Cash 2022: € 31,127 First fiscal year in the series	€ 48,866 Cash 2023: € 48,866 ▲ 57% vs 2022 (€ 31,127) Favourable step	€ 12,896 Cash 2024: € 12,896 ▼ 74% vs 2023 (€ 48,866) Unfavourable step	€ 15,623 Cash 2025: € 15,623 ▲ 21% vs 2024 (€ 12,896) Favourable step	▲ 21%
Retained profit	€ 270,398 Retained profit 2022: € 270,398 First fiscal year in the series	€ 49,393 Retained profit 2023: € 49,393 ▼ 82% vs 2022 (€ 270,398) Unfavourable step	€ -84,817 Retained profit 2024: € -84,817 ▼ € 134,210 vs 2023 (€ 49,393) Unfavourable step	€ -186,759 Retained profit 2025: € -186,759 ▼ € 101,942 vs 2024 (€ -84,817) Unfavourable step	▼ € 101,942
Bank debt	€ 83,529 Bank debt 2022: € 83,529 First fiscal year in the series	€ 150,594 Bank debt 2023: € 150,594 ▲ 80% vs 2022 (€ 83,529) Unfavourable step	€ 106,105 Bank debt 2024: € 106,105 ▼ 30% vs 2023 (€ 150,594) Favourable step	€ 65,165 Bank debt 2025: € 65,165 ▼ 39% vs 2024 (€ 106,105) Favourable step	▼ 39%
Balance sheet total	€ 570,622 Balance sheet total 2022: € 570,622 First fiscal year in the series	€ 533,792 Balance sheet total 2023: € 533,792 ▼ 6% vs 2022 (€ 570,622) Unchanged	€ 487,252 Balance sheet total 2024: € 487,252 ▼ 9% vs 2023 (€ 533,792) Unchanged	€ 452,349 Balance sheet total 2025: € 452,349 ▼ 7% vs 2024 (€ 487,252) Unchanged	▼ 7%

Key figures of Turnaround Management, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to Turnaround Management?

What happened at Turnaround Management in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 28, 2026 New annual accounts for financial year 2025: loss of € 101,942. Source: NBB ↗
Jan 1, 2022 New establishment in Antwerpen. KBO
2020 Ran Ancho became a director. NBB
2020 Sharon Ancho became a director. NBB
Jan 23, 2015 New establishment in Brasschaat. KBO
Jan 23, 2015 Start of the company according to the CBE. KBO

In short

From € 3,316 profit in 2022 to € 101,942 loss in 2025.

Paid € 7,753 in corporate taxes since 2022.

Best year ever: 2022, with € 3,316 profit.

Original PDFs at the National Bank ↗

Management

Ran Ancho Sharon Ancho

Immo Quellin

Asteria I

Asteria II

Turnaround Management

Behind Turnaround Management are Ran Ancho and Sharon Ancho. Ran Ancho is also behind Immo Quellin, Asteria I, Asteria II and NATAB.

Directors

According to the 2025 annual accounts

Ran Ancho

Director

Also active at: Immo Quellin, Asteria I, Asteria II, NATAB

since 2020

Sharon Ancho

Director

since 2020

Establishments

Establishment units

Physical locations of this company

Registered office

Parklei 16

2930 Brasschaat

2.387.915.415

Amerikalei 113

2000 Antwerpen

Active since 1 January 2022

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0578.850.468

VAT number

BE 0578.850.468

Registered office

Parklei 16, 2930 Brasschaat

Names & denominations

Turnaround Management · T.A.M.

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

23 January 2015

Peppol

Active · Active since 23 Nov 2025

Activities · NACE

Gastenkamers

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Activiteiten van holdings

Holdings

View on CBE Public ↗ Annual accounts (NBB) ↗