TOP KARS RUISBROEK

Active

Private limited companyfounded 201313 yrs activeGansbroekstraat 40, 2870 Puurs-Sint-Amands, BelgiumKBO/BCE: BE 0524.698.041

TOP KARS RUISBROEK has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €152k and a net result of €33k. Equity is growing by ~22.3% per year across the filed fiscal years. Its solvency ranks better than 43% of 26046 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).

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Checked score

Score 2024

58 / 100

Fair

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability75▲+1

Solvency49▲+2

Growth78=

Track record100

Bankruptcy probability, 12 months

1.3% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €8k at 30 days acceptable

Liquidity tight (current ratio 1.45 against 1.36 in 2023; short-term debt: 38.8% and cash: 5.3% of total assets), and 75.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-10-2025, 86 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

86 d late

2023

92 d late

2022

89 d late

2021

61 d late

2020

89 d late

2019

123 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€152k▲ 27.8%

2023 · €119k

2018: €37k 2019: €44k 2020: €68k 2021: €82k 2022: €99k 2023: €119k

2018 → 2024

Total assets

€632k▲ 18.0%

2023 · €535k

2018: €196k 2019: €197k 2020: €249k 2021: €258k 2022: €510k 2023: €535k

2018 → 2024

Net result

€33k▲ 61.4%

2023 · €20k

2018: €214 2019: €7k 2020: €23k 2021: €15k 2022: €16k 2023: €20k

2018 → 2024

Working capital

€110k▲ 66.0%

2023 · €66k

2018: €48k 2019: €55k 2020: €99k 2021: €74k 2022: €16k 2023: €66k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€68k-€82k▲ 21.4%€99k▲ 19.7%€119k▲ 20.8%€152k▲ 27.8%

Operating result€19k-€23k▲ 22.4%€25k▲ 10.1%€37k▲ 47.1%€59k▲ 60.6%

Net result€23k-€15k▼ 38.1%€16k▲ 11.8%€20k▲ 26.0%€33k▲ 61.4%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has risen four years in a row; 2024 is 61% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €632k

43.7%

56.3%

Fixed assets €276k▼ 2.3%

Current assets €355k▲ 40.7%

Equity and liabilities €632k

24.1%

75.9%

Equity €152k▲ 27.8%

Debt €480k▲ 15.2%

The debt ratio falls from 77.8% to 75.9%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€179k▲

2023 · €162k

Cash flow

€153k▲

2023 · €145k

Solvency

24.1%▲

2023 · 22.2%

Current ratio

1.45▲

2023 · 1.36

Quick ratio

0.43▲

2023 · 0.37

Debt / equity

3.15▼

2023 · 3.50

ROE

21.7%▲

2023 · 17.2%

ROA

5.2%▲

2023 · 3.8%

Interest coverage

14.92▼

2023 · 16.63

Debt

€480k▲

2023 · €416k

Debt ≤ 1 year

€245k▲

2023 · €186k

Debt > 1 year

€224k▼

2023 · €226k

Income taxes

€14k▲

2023 · €8k

Staff costs

€63k▲

2023 · €19k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€535k€632k▲

Fixed assets21/28€283k€276k▼

Tangible fixed assets22/27€283k€276k▼

Land and buildings22€204k€195k▼

Plant, machinery and equipment23€12k€9k▼

Furniture and vehicles24€67k€72k▲

Financial fixed assets28€80€80=

Current assets29/58€253k€355k▲

Stocks and contracts in progress3€185k€251k▲

Stocks30/36€185k€251k▲

Amounts receivable within one year40/41€37k€70k▲

Trade receivables40€37k€69k▲

Other amounts receivable41-€996

Cash at bank and in hand54/58€30k€33k▲

Deferred charges and accrued income490/1€939€567▼

Equity and liabilities

Total equity and liabilities10/49€535k€632k▲

Equity10/15€119k€152k▲

Contributions10/11€30k€30k=

Reserves13€89k€122k▲

Distributable reserves133€89k€122k▲

Amounts payable17/49€416k€480k▲

Amounts payable after more than one year17€226k€224k▼

Financial debts170/4€189k€187k▼

Other amounts payable178/9€37k€37k=

Amounts payable within one year42/48€186k€245k▲

Current portion of amounts payable after more than one year42€9k€15k▲

Trade debts44€59k€80k▲

Suppliers440/4€59k€80k▲

Taxes, remuneration and social security45€47k€77k▲

Taxes450/3€12k€23k▲

Remuneration and social security454/9€35k€53k▲

Other amounts payable47/48€71k€74k▲

Accrued charges and deferred income492/3€4k€10k▲

Income statement Code20232024

Remuneration, social security and pensions62€19k€63k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€125k€120k▼

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€10k€16k▲

Other operating charges640/8€5k€7k▲

Gross operating margin9900€196k€265k▲

Operating profit (loss)9901€37k€59k▲

Financial income75/76B€2k€469▼

Recurring financial income75€2k€469▼

Financial charges65/66B€10k€12k▲

Recurring financial charges65€10k€12k▲

Profit (loss) for the period before taxes9903€29k€48k▲

Income taxes67/77€8k€14k▲

Profit (loss) for the period9904€20k€33k▲

Profit (loss) for the period to be appropriated9905€20k€33k▲

Appropriation of the result

Profit (loss) to be appropriated9906€20k€33k▲

Transfer to equity691/2€20k€33k▲

To other reserves6921€20k€33k▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

2025

25-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 86 days late

2024

31-12

Financial Highest result since 2018net €33k ▲61.4%

Operating result €59k, net result €33k, both a record.

31-12

Financial Equity above €150kEq €152k ▲27.8%

7 profitable years in a row build equity to €152k.

31-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 92 days late

2023

31-12

Financial Equity above €100kEq €119k ▲20.8%

6 profitable years in a row build equity to €119k.

28-10

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 89 days late

2022

30-09

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 61 days late

2021

28-10

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 89 days late

2020

01-12

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 123 days late

2019

23-10

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 84 days late

2018

27-12

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 149 days late

2017

27-10

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema · 88 days late

2015

28-07

NBB filing Annual accounts filed

fiscal year 2014 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

4 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, Puurs-Sint-Amands · 3 establishment units since 2013

establishment All 3 establishment units on the map

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.

Gansbroekstraat 402870 Puurs-Sint-Amands

Ground area

674 m²

Building footprint

339 m²

Volume, LiDAR

3,150 m³

3 parcels, Flanders · tallest building 15.0 m, ±4 floors. Linked by address, not a title deed.

3 establishment units

Top Kars/Topvélo

Gansbroekstraat 40, 2870 Puurs-Sint-AmandsManufacture of other transport equipment

since 20132.224.560.089

Topvélo

Overwinningsstraat 47, 2830 WillebroekManufacture of other transport equipment

since 20222.327.058.704

Topvélo

Hoogstraat 17, 2850 BoomManufacture of other transport equipment

since 20222.336.620.429

3 parcels

Flanders 3 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
12032B0380/00H000	Flanders	409 m²	1 · 75 m²	6.6 m · 2 fl.
11005B0209/00B000	Flanders	204 m²	1 · 203 m²	15.0 m · 4 fl.
12342C0288/00L003	Flanders	61 m²	1 · 61 m²	10.5 m · 3 fl.