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Topal Logistics

Active
Private limited company·Goederenvervoer over de weg· 3 yrs active
Luxemburgstraat 20 ·9140 Temse, Belgium
KBO/BCE: BE 0802.535.141
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Age3 yrs
Staff (FTE)0.8
Real estate1 parcel · 7,219 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Topal Logistics is 3.8% (moderate). The 2024 annual accounts show equity of €56k and a net result of €6k. Its solvency ranks better than 47% of 2266 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Filing behaviour

From the deposit records, complete market-wide
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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.
How we compute the deadline
There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2024 31-07-2025 29-08-2025 29 d late 2025-00450438

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
3.8% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€6k
Working capital€19k

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 29-08-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 49, Land transport · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 25.1% 27.3%
better than 47% of 2266 sector peers
Net result €6k €5k
better than 51% of 2250 sector peers
Equity €56k €17k
better than 79% of 2272 sector peers
Gross operating margin €48k €28k
better than 63% of 2238 sector peers
Staff costs €32k €37k
higher than 47% of 1027 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Depositmicro
Revenue-
EBITDA€13k
Net profit€6k
Cash flow€9k
Staff costs€32k
Income taxes€3k
Dividends-
Total assets€223k
Equity€56k
Debt€167k
of which ≤ 1y€167k
of which > 1y-
Working capital€19k
Employees (FTE)0.8
Ratios (computed)
2024
Current ratio1.12
Quick ratio1.12
Working capital ratio8.7%
Solvency25.1%
Debt / equity2.99
Long-term debt ratio-
Interest coverage17.93
Gross margin-
Net margin-
ROA2.6%
ROE10.5%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€223k
Fixed assets 21/28€36k
Tangible fixed assets 22/27€18k
Financial fixed assets 28€19k
Current assets 29/58€186k
Amounts receivable within one year 40/41€177k
Cash & bank 54/58€10k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€223k
Equity 10/15€56k
Contributions / capital 10/11€50k
Reserves 13€6k
Amounts payable 17/49€167k
Amounts payable within one year 42/48€167k
Trade debts payable within one year 44€160k
Income statement
Gross operating margin 9900€48k
Operating result 9901€10k
Financial income 75€0
Financial charges 65€730
Result before taxes 9903€9k
Income taxes 67/77€3k
Net result for the period 9904€6k
Result to be appropriated 9905€6k
Ratios computed by Checked.

Health barometer

FY 2024 · computed
78 / 100 Excellent
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
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.

Luxemburgstraat 209140 Temse

Establishment units

1 location
Topal Logistics
Luxemburgstraat 20, 9140 TemseReparatie en onderhoud van andere civiele transportmiddelen
since 20232.346.274.503
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area7,219 m²
Buildings1
Building footprint1,412 m²
Volume (LiDAR)16,298 m³
Tallest building16.4 m · ±4 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46025B0179/09E000 Flanders 7,219 m² 1 · 1,412 m² 16.4 m · 4 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health78Profitability53Solvency40Growth-Stability79
62 / 100

Strong profile, led by stability.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 78
Profitability 53
Solvency 40
Growth -
Stability 79

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 2,203 of the 12,431 companies in this sector. 1,844 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Goederenvervoer over de weg, m.u.v. verhuisbedrijven49410Goederenvervoer over de weg49410Reparatie en onderhoud van andere transportmiddelen33170Reparatie en onderhoud van andere civiele transportmiddelen33170Algemeen onderhoud en reparatie van overige motorvoertuigen (> 3,5 ton)45202Diensten in verband met vervoer te land52210Diensten in verband met vervoer te land52210Logistieke diensten52250Overige vervoerondersteunende activiteiten52290Algemeen onderhoud en reparatie van overige motorvoertuigen (> 3,5 ton)95312
Primary activity highlighted.
Names & trade names
Legal nameNL Topal Logistics
Registered office
Luxemburgstraat 20
9140 Temse, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.