Project Turquoise – Specialist in facade renovation and exterior wall insulation
Financial data
Project Turquoise is a profitable and fast-growing SME specializing in facade renovation, facade insulation, and aesthetic finishes such as crepi, sprayed cork, and decorative plaster. From its base in West Flanders, the company has positioned itself as a reliable partner on the Belgian coast. In recent years, the company has achieved an average annual revenue growth of 36%, with a stable consumption margin and an EBITDA margin of approximately 14%.
With more than 200 completed projects per year and a very high score on Google Reviews, the company enjoys an excellent reputation and strong customer satisfaction. Customers consist mainly of private individuals (80%) and, increasingly, associations of co-owners (VME's), which offers additional economies of scale and stability.
The work is carried out by permanent, independent subcontractor teams, supported by a compact internal team. The company has a well-equipped warehouse and offices in a strategic location in West Flanders. The offices are owned by the company and are part of the transaction.
The current shareholder wishes to step back from operational management but will remain available for knowledge transfer and commercial support after the acquisition if desired.
Key figures (FY2024):
• Turnover: approx. €3,000,000
• EBITDA: approx. €335,000
• 200+ projects per year
• Commercial real estate included in the transaction
Transaction: Share transaction including real estate
Reason for sale: No successor – manager wishes to refocus on another role within the company
- Location
- West-Vlaanderen
- Legal form
- Company
- Number of employees
- 4
- Customer type
- B2B (Business to Business), B2C (Business to Consumer), Governments
- Active since
- 2010
- Real estate included
- Yes
- Translated from
- Dutch
- Disclaimer
- Takeover market is not responsible for the content. Please check for accuracy and completeness.
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