TOP FOOD GROUP
ActiveSummary
TOP FOOD GROUP has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31k and a net result of €367. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 42% of 8001 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability45▲+1
Solvency62▼-8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.32 against 1.42 in 2024; short-term debt: 63.3% and cash: 72.3% of total assets), and 63.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
36.7%
Return on assets
0.4%
Age of the figures
9 mo
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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 d early
2024
31 d early
2023
34 d early
2022
32 d early
2021
32 d early
2020
33 d early
2019
31 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, abbreviated schema
Turnover
€401k
EBIT margin
0.6%
Net result
€367▲ 40.8%
2024 · €261
2018: €-146
2019: €-107
2020: €-377
2021: €878
2022: €-605
2023: €32
2024: €261
2018 → 2025
Working capital
€17k▲ 5.1%
2024 · €16k
2018: €889
2019: €1k
2020: €16k
2021: €14k
2022: €11k
2023: €12k
2024: €16k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€401k
Equity€31k-€30k▼ 2.0%€30k▲ 0.1%€30k▲ 0.9%€31k▲ 1.2%
Operating result€4k-€3k▼ 14.4%€3k▼ 19.7%€964▼ 62.2%€1k▲ 40.4%
Net result€878-€-605€32€261▲ 716%€367▲ 40.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 40% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €84k
Fixed assets
€14k ▼ 3.1%
Current assets
€70k ▲ 29.9%
Equity and liabilities €84k
Equity
€31k ▲ 1.2%
Debt
€53k ▲ 40.5%
Debt's share of the balance-sheet total rises from 55.4% to 63.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€2k▲
2024 · €1k
Cash flow
€817▲
2024 · €787
Current ratio
1.32▼
2024 · 1.42
Debt to equity
1.72▲
2024 · 1.24
ROE
1.2%▲
2024 · 0.9%
ROA
0.4%▲
2024 · 0.4%
Interest coverage
3.12▲
2024 · 3.00
Debt ≤ 1 year
€53k▲
2024 · €38k
Income taxes
€412▲
2024 · €206
Staff costs
€0▼
2024 · €49
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 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€68k€84k▲
Fixed assets21/28€14k€14k▼
Tangible fixed assets22/27€450€0▼
Plant, machinery and equipment23€450€0▼
Financial fixed assets28€14k€14k=
Current assets29/58€54k€70k▲
Amounts receivable within one year40/41€11k€8k▼
Trade receivables40€0-
Other amounts receivable41€11k€8k▼
Cash at bank and in hand54/58€39k€61k▲
Deferred charges and accrued income490/1€3k€1k▼
Equity and liabilities
Total equity and liabilities10/49€68k€84k▲
Equity10/15€30k€31k▲
Contributions10/11€30k€30k=
Reserves13€30€30=
Non-distributable reserves130/1€30€30=
Reserves not available under the articles1311€30€30=
Profit (loss) carried forward14€460€827▲
Amounts payable17/49€38k€53k▲
Amounts payable within one year42/48€38k€53k▲
Trade debts44€38k€53k▲
Suppliers440/4€38k€53k▲
Taxes, remuneration and social security45€206€412▲
Taxes450/3€206€412▲
Income statement
Code20242025
Remuneration, social security and pensions62€49€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€526€450▼
Other operating charges640/8€528€544▲
Gross operating margin9900€2k€2k▲
Operating profit (loss)9901€964€1k▲
Financial income75/76B-€5
Recurring financial income75-€5
Financial charges65/66B€497€578▲
Recurring financial charges65€497€578▲
Profit (loss) for the period before taxes9903€467€779▲
Income taxes67/77€206€412▲
Profit (loss) for the period9904€261€367▲
Profit (loss) for the period to be appropriated9905€261€367▲
Appropriation of the result
Profit (loss) to be appropriated9906€460€827▲
Profit (loss) brought forward from the previous period14P€199€460▲
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (6 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
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €32
Net result €32 after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-605 ▼169%
Net result drops to €-605, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €878
Net result €878 after 3 loss-making years.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-06
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
10 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, Gent · 1 establishment unit since 2013
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.
Nieuwescheldestraat 39052 GentGround area
638 m²
Building footprint
88 m²
Volume, LiDAR
855 m³
Parcel 44082B0246/00W000, Flanders · tallest building 12.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Top Food Group
since 20132.226.835.532
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44082B0246/00W000 | Flanders | 638 m² | 1 · 88 m² | 12.8 m · 3 fl. |
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.
Similar companies · same sector, comparable size
DDG Beheer
BE 0799.153.405
Antwerpen · Eq €30,656
MANY SHOP
BE 0859.583.811
Sint-Jans-Molenbeek · Eq €30,579
NOY GROUP
BE 0805.947.066
Antwerpen · Eq €31,338
SORTITIO
BE 0789.360.462
Haaltert · Eq €30,328
FUNCTIONAL FEED ADDITIVES
BE 0744.965.344
Ravels · Eq €30,325
Of 1,641 companies in sector 46170 we hold annual accounts for 671. 447 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 formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded16-09-2013
Fiscal year end31-12
Activities, NACEBEL 2025
46170Agents in the wholesale of food, beverages and tobacco
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.