TOP
ActiveSummary
TOP has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €55k and a net result of €46k. Equity is shrinking by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 11% of 17043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▲+35
Solvency29▲+3
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity short (current ratio 0.84 against 0.54 in 2024; short-term debt: 13.3% and cash: 4% of total assets), and 96.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
3.8%
Return on assets
3.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 17043 sector peers (2025).
NBB · sector comparisonPosition among 17043 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
73 d early
2023
41 d early
2022
3 d early
2021
17 d early
2020
5 d early
2019
29 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€55k▲ 539%
2024 · €9k
2018: €30k
2019: €65k
2020: €61k
2021: €72k
2022: €67k
2023: €50k
2024: €9k
2018 → 2025
Total assets
€1.43M▼ 0.5%
2024 · €1.44M
2018: €828k
2019: €770k
2020: €726k
2021: €658k
2022: €761k
2023: €1.16M
2024: €1.44M
2018 → 2025
Net result
€46k
2024 · €-41k
2018: €10k
2019: €35k
2020: €-4k
2021: €10k
2022: €-5k
2023: €-17k
2024: €-41k
2018 → 2025
Working capital
€-30k▲ 64.9%
2024 · €-87k
2018: €-160k
2019: €11k
2020: €459
2021: €5k
2022: €113k
2023: €63k
2024: €-87k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€72k-€67k▼ 6.5%€50k▼ 25.3%€9k▼ 82.8%€55k▲ 539%
Operating result€21k-€7k▼ 67.9%€14k▲ 111%€-11k€76k
Net result€10k-€-5k€-17k▼ 266%€-41k▼ 145%€46k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €76k after a loss of €11k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.43M
Fixed assets
€1.27M ▼ 5.0%
Current assets
€160k ▲ 58.6%
Equity and liabilities €1.43M
Equity
€55k ▲ 539%
Debt
€1.38M ▼ 3.7%
Debt's share of the balance-sheet total falls from 99.4% to 96.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€157k▲
2024 · €63k
Cash flow
€128k▲
2024 · €32k
Current ratio
0.84▲
2024 · 0.54
Quick ratio
0.54▲
2024 · 0.35
Debt to equity
25.08
ROE
84.3%▲
2024 · -482.3%
ROA
3.2%▲
2024 · -2.9%
Interest coverage
5.31▲
2024 · 2.00
Debt ≤ 1 year
€190k▲
2024 · €187k
Debt > 1 year
€1.18M▼
2024 · €1.24M
Income taxes
€76▲
2024 · €37
Staff costs
€80k▲
2024 · €62k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.44M€1.43M▼
Fixed assets21/28€1.34M€1.27M▼
Intangible fixed assets21€31k€7k▼
Tangible fixed assets22/27€1.31M€1.26M▼
Land and buildings22€1.22M€1.19M▼
Plant, machinery and equipment23€77k€71k▼
Furniture and vehicles24€6k€4k▼
Current assets29/58€101k€160k▲
Stocks and contracts in progress3€36k€56k▲
Stocks30/36€36k€56k▲
Amounts receivable within one year40/41€21k€35k▲
Trade receivables40€21k€35k▲
Other amounts receivable41€129€0▼
Cash at bank and in hand54/58€33k€57k▲
Deferred charges and accrued income490/1€11k€12k▲
Equity and liabilities
Total equity and liabilities10/49€1.44M€1.43M▼
Equity10/15€9k€55k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-12k€34k▲
Amounts payable17/49€1.43M€1.38M▼
Amounts payable after more than one year17€1.24M€1.18M▼
Financial debts170/4€698k€642k▼
Other amounts payable178/9€539k€539k=
Amounts payable within one year42/48€187k€190k▲
Current portion of amounts payable after more than one year42€58k€60k▲
Trade debts44€35k€44k▲
Suppliers440/4€35k€44k▲
Taxes, remuneration and social security45€28k€37k▲
Taxes450/3€15k€25k▲
Remuneration and social security454/9€13k€12k▼
Other amounts payable47/48€66k€49k▼
Accrued charges and deferred income492/3€5k€4k▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€62k€80k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74k€81k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€4k€2k▼
Gross operating margin9900€129k€239k▲
Operating profit (loss)9901€-11k€76k▲
Financial income75/76B€1k€279▼
Recurring financial income75€1k€279▼
Financial charges65/66B€31k€30k▼
Recurring financial charges65€31k€30k▼
Profit (loss) for the period before taxes9903€-41k€46k▲
Income taxes67/77€37€76▲
Profit (loss) for the period9904€-41k€46k▲
Profit (loss) for the period to be appropriated9905€-41k€46k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€34k▲
Profit (loss) brought forward from the previous period14P€30k€-12k▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €46k
Net result €46k after 3 loss-making years.
19-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-41k
Net result drops to €-41k, the lowest in the series; recovery starts the following year.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 1.10
Current ratio from 0.49 to 1.10; short-term debt falls from €314k to €110k.
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 13 days late
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brugge · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Dampoortstraat 2078310 BruggeGround area
375 m²
Building footprint
179 m²
Parcel 31029C0615/00A002, Flanders. Linked by address, not a title deed.
1 establishment unit
Kraks
since 20162.249.169.385
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31029C0615/00A002 | Flanders | 375 m² | 1 · 179 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 4 entries · 10,587 EUR awarded · 10,587 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 576 EUR | 576 EUR |
| 2024 | 2 | 2,511 EUR | 2,511 EUR |
| 2023 | 1 | 7,500 EUR | 7,500 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Hinderpremie bij openbare werken
Vlaams opleidingsverlof (VOV)
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Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 15,369 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-12-2015
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
95100Repair and maintenance of computers and communication equipment
62900Other information technology and computer services
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.