TOPIK
ActiveSummary
TOPIK has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22k and a net result of €23k. Equity is growing by ~30.7% per year across the filed fiscal years. Its solvency ranks better than 49% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+65
Solvency80▲+15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.23 against 1.67 in 2024; short-term debt: 44.9% and cash: 81.3% of total assets), and 44.9% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
55.1%
Return on assets
55.3%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 7 filingsDeviation from the deadline
2025
31 d late
2024
31 d late
2023
61 d late
2022
91 d late
2021
30 d late
2020
61 d late
2019
122 d late
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€22k▲ 202%
2024 · €7k
2019: €-14klowest in 7 years
2020: €14k▲ +206% vs 2019
2021: €16k▲ +7.9% vs 2020
2022: €-1k▼ -107% vs 2021
2023: €8k▲ +814% vs 2022
2024: €7k▼ -2.1% vs 2023
2025: €22k▲ +202% vs 2024highest in 7 years
2019 → 2025
Total assets
€41k▲ 120%
2024 · €19k
2019: €14k
2020: €23k▲ +69.0% vs 2019
2021: €22k▼ -3.1% vs 2020
2022: €4k▼ -82.9% vs 2021lowest in 7 years
2023: €12k▲ +222% vs 2022
2024: €19k▲ +50.6% vs 2023
2025: €41k▲ +120% vs 2024highest in 7 years
2019 → 2025
Net result
€23k
2024 · €-162
2019: €-14k
2020: €28k▲ +306% vs 2019highest in 7 years
2021: €1k▼ -96.0% vs 2020
2022: €-17k▼ -1564% vs 2021lowest in 7 years
2023: €9k▲ +152% vs 2022
2024: €-162▼ -102% vs 2023
2025: €23k▲ +14044% vs 2024
2019 → 2025
Working capital
€22k▲ 202%
2024 · €7k
2019: €-14klowest in 7 years
2020: €17k▲ +224% vs 2019
2021: €14k▼ -15.5% vs 2020
2022: €-1k▼ -107% vs 2021
2023: €8k▲ +814% vs 2022
2024: €7k▼ -2.1% vs 2023
2025: €22k▲ +202% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€16k-€-1k€8k€7k▼ 2.1%€22k▲ 202%
2021: €16k
2022: €-1k▼ -107% vs 2021lowest in 5 years
2023: €8k▲ +814% vs 2022
2024: €7k▼ -2.1% vs 2023
2025: €22k▲ +202% vs 2024highest in 5 years
Operating result€2k-€-17k€9k€-39€24k
2021: €2k
2022: €-17k▼ -831% vs 2021lowest in 5 years
2023: €9k▲ +155% vs 2022
2024: €-39▼ -100% vs 2023
2025: €24k▲ +60588% vs 2024highest in 5 years
Net result€1k-€-17k€9k€-162€23k
2021: €1k
2022: €-17k▼ -1564% vs 2021lowest in 5 years
2023: €9k▲ +152% vs 2022
2024: €-162▼ -102% vs 2023
2025: €23k▲ +14044% vs 2024highest in 5 years
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: €24k after a loss of €39 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €41k
Equity
€22k ▲ 202%
Debt
€18k ▲ 65.2%
Debt's share of the balance-sheet total falls from 59.8% to 44.9%. Equity and debt are higher.
Key figures and ratios
Current ratio
2.23▲
2024 · 1.67
Debt to equity
0.81▼
2024 · 1.49
ROE
100.2%▲
2024 · -2.2%
ROA
55.3%▲
2024 · -0.9%
Debt ≤ 1 year
€18k▲
2024 · €11k
Income taxes
€936
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 · 33 lines
Balance sheet
Code20242025
Assets
Total assets20/58€19k€41k▲
Current assets29/58€19k€41k▲
Amounts receivable within one year40/41-€7k
Trade receivables40-€7k
Other amounts receivable41-€105
Cash at bank and in hand54/58€19k€33k▲
Deferred charges and accrued income490/1€22€158▲
Equity and liabilities
Total equity and liabilities10/49€19k€41k▲
Equity10/15€7k€22k▲
Contributions10/11€1€1=
Profit (loss) carried forward14€7k€22k▲
Amounts payable17/49€11k€18k▲
Amounts payable within one year42/48€11k€18k▲
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€1k€3k▲
Taxes450/3€1k€3k▲
Other amounts payable47/48€8k€12k▲
Income statement
Code20242025
Other operating charges640/8€387€559▲
Gross operating margin9900€348€24k▲
Operating profit (loss)9901€-39€24k▲
Financial income75/76B-€101
Recurring financial income75-€101
Financial charges65/66B€123€129▲
Recurring financial charges65€123€129▲
Profit (loss) for the period before taxes9903€-162€23k▲
Income taxes67/77-€936
Profit (loss) for the period9904€-162€23k▲
Profit (loss) for the period to be appropriated9905€-162€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€30k▲
Profit (loss) brought forward from the previous period14P€8k€7k▼
Profit to be distributed694/7-€8k
Return on contributions (dividend)694-€8k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €354 | €348 | €447 | €387 | €559 | ▲ 44.2% |
| Gross operating margin9900 | €3k | €-16k | €10k | €348 | €24k | ▲ 6,807% |
| Operating profit (loss)9901 | €2k | €-17k | €9k | €-39 | €24k | ▲ 60,588% |
| Financial income75/76B | - | - | - | - | €101 | - |
| Recurring financial income75 | - | - | - | - | €101 | - |
| Financial charges65/66B | €105 | €87 | €93 | €123 | €129 | ▲ 5.4% |
| Recurring financial charges65 | €105 | €87 | €93 | €123 | €129 | ▲ 5.4% |
| Profit (loss) for the period before taxes9903 | €2k | €-17k | €9k | €-162 | €23k | ▲ 14,623% |
| Income taxes67/77 | €1k | - | €307 | - | €936 | - |
| Profit (loss) for the period9904 | €1k | €-17k | €9k | €-162 | €23k | ▲ 14,044% |
| Profit (loss) for the period to be appropriated9905 | €1k | €-17k | €9k | €-162 | €23k | ▲ 14,044% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €22k | €4k | €12k | €19k | €41k | ▲ 120% |
| Fixed assets21/28 | €1k | - | - | - | - | - |
| Financial fixed assets28 | €1k | - | - | - | - | - |
| Current assets29/58 | €21k | €4k | €12k | €19k | €41k | ▲ 120% |
| Amounts receivable within one year40/41 | €4k | €3 | €6 | - | €7k | - |
| Trade receivables40 | €4k | - | - | - | €7k | - |
| Other amounts receivable41 | €3 | €3 | €6 | - | €105 | - |
| Cash at bank and in hand54/58 | €17k | €4k | €12k | €19k | €33k | ▲ 79.2% |
| Deferred charges and accrued income490/1 | - | €104 | - | €22 | €158 | ▲ 611% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €22k | €4k | €12k | €19k | €41k | ▲ 120% |
| Equity10/15 | €16k | €-1k | €8k | €7k | €22k | ▲ 202% |
| Contributions10/11 | €1 | €1 | €1 | €1 | €1 | = |
| Profit (loss) carried forward14 | €16k | €-1k | €8k | €7k | €22k | ▲ 202% |
| Amounts payable17/49 | €7k | €5k | €5k | €11k | €18k | ▲ 65.2% |
| Amounts payable within one year42/48 | €7k | €5k | €5k | €11k | €18k | ▲ 65.2% |
| Trade debts44 | €5k | €2k | €1k | €2k | €3k | ▲ 74.5% |
| Suppliers440/4 | €5k | €2k | €1k | €2k | €3k | ▲ 74.5% |
| Taxes, remuneration and social security45 | €2k | €549 | €1k | €1k | €3k | ▲ 188% |
| Taxes450/3 | €709 | €549 | €1k | €1k | €3k | ▲ 188% |
| Remuneration and social security454/9 | €1k | - | - | - | - | - |
| Other amounts payable47/48 | €1 | €2k | €2k | €8k | €12k | ▲ 45.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1k | €-17k | €9k | €-162 | €23k | ▲ 14,044% |
| Operating cash flow (approximation) | €1k | €-17k | €9k | €-162 | €23k | ▲ 14,044% |
| Change in cash | - | €-14k | €9k | €6k | €15k | ▲ 136% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 2.62
Current ratio from 0.78 to 2.62; short-term debt falls from €5k to €5k.
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 91 days late
2022
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
31-12
Financial
Liquidity times 8current ratio 3.76
Current ratio from 0.50 to 3.76; short-term debt falls from €27k to €6k.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Houffalize · 1 establishment unit since 2018
Ground area
913 m²
Building footprint
193 m²
Volume, LiDAR
1,530 m³
Parcel 82018A1140/00E000, Wallonia · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Topik
since 20182.282.239.160
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82018A1140/00E000 | Wallonia | 913 m² | 1 · 193 m² | 10.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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
UpKoers
BE 1029.939.862
Gent · Eq €22,499
RSM InterTransactions
BE 0720.491.848
Zaventem · Eq €22,500
GSDS CONSULTING
BE 1002.449.567
Oudergem · Eq €22,500
Optagone Consulting
BE 0769.501.097
Ukkel · Eq €22,500
Legal and Business Partners
BE 0792.288.476
Wemmel · Eq €22,494
Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 31,824 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-09-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
47820Retail sale of motor vehicle parts and accessories
Scores and ratios are computed by Checked and are not a credit decision.