Topo555
ActiveThe computed 12-month bankruptcy probability of Topo555 is 3.9% (moderate). The 2024 annual accounts show negative equity (€-216k) and a net result of €-39k. Equity is shrinking by ~30.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 26056 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability90▼-10
Solvency33=
Growth32=
Stability100
Bankruptcy probability, 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.13 against 0.17 in 2023), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-580.4%
Return on assets
-104.9%
Age of the figures
20 mo
raises risk · 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 →
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
raises risk · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€216k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-11-2025, 112 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
112 d late
2023
118 d late
2022
88 d late
2021
73 d late
2020
76 d late
2019
122 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-216k▼ 22.1%
2023 · €-177k
2018: €16k
2019: €-45k
2020: €-73k
2021: €-118k
2022: €-139k
2023: €-177k
2018 → 2024
Total assets
€37k▼ 9.4%
2023 · €41k
2018: €63k
2019: €37k
2020: €58k
2021: €29k
2022: €49k
2023: €41k
2018 → 2024
Net result
€-39k▼ 3.0%
2023 · €-38k
2018: €4k
2019: €-61k
2020: €-28k
2021: €-44k
2022: €-22k
2023: €-38k
2018 → 2024
Working capital
€-221k▼ 21.6%
2023 · €-182k
2018: €11k
2019: €-50k
2020: €-74k
2021: €-122k
2022: €-144k
2023: €-182k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-73k-€-118k▼ 60.5%€-139k▼ 18.3%€-177k▼ 27.3%€-216k▼ 22.1%
Operating result€-27k-€-43k▼ 61.8%€-19k▲ 55.3%€-37k▼ 89.9%€-38k▼ 4.5%
Net result€-28k-€-44k▼ 57.4%€-22k▲ 51.4%€-38k▼ 76.0%€-39k▼ 3.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €38k in 2024 against €37k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €37k
Fixed assets
€5k▲ 4.6%
Current assets
€32k▼ 11.3%
Key figures and ratios
EBITDA
€-38k▼
2023 · €-36k
Cash flow
€-39k▼
2023 · €-38k
Solvency
-580.4%▼
2023 · -430.9%
Current ratio
0.13▼
2023 · 0.17
Quick ratio
0.08▼
2023 · 0.11
Debt / equity
-1.17▲
2023 · -1.23
ROE
18.1%▼
2023 · 21.4%
ROA
-104.9%▼
2023 · -92.3%
Interest coverage
-45.55▼
2023 · -26.54
Debt
€253k▲
2023 · €218k
Debt ≤ 1 year
€253k▲
2023 · €218k
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€41k€37k▼
Fixed assets21/28€5k€5k▲
Tangible fixed assets22/27€505€734▲
Plant, machinery and equipment23€505€253▼
Furniture and vehicles24-€481
Financial fixed assets28€5k€5k=
Current assets29/58€36k€32k▼
Stocks and contracts in progress3€12k€12k▲
Stocks30/36€12k€12k▲
Amounts receivable within one year40/41€855€4k▲
Trade receivables40€855€4k▲
Other amounts receivable41-€243
Cash at bank and in hand54/58€23k€16k▼
Deferred charges and accrued income490/1€636-
Equity and liabilities
Total equity and liabilities10/49€41k€37k▼
Equity10/15€-177k€-216k▼
Contributions10/11€12k€12k=
Reserves13€184€184=
Non-distributable reserves130/1€184€184=
Reserves not available under the articles1311€184€184=
Profit (loss) carried forward14€-190k€-229k▼
Amounts payable17/49€218k€253k▲
Amounts payable within one year42/48€218k€253k▲
Trade debts44€201k€234k▲
Suppliers440/4€201k€234k▲
Taxes, remuneration and social security45€6k€6k▲
Taxes450/3€4k€5k▲
Remuneration and social security454/9€1k€1k▲
Other amounts payable47/48€11k€13k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€253€369▲
Other operating charges640/8€1k€748▼
Gross operating margin9900€-35k€-37k▼
Operating profit (loss)9901€-37k€-38k▼
Financial income75/76B€12€2▼
Recurring financial income75€12€2▼
Financial charges65/66B€1k€831▼
Recurring financial charges65€1k€831▼
Profit (loss) for the period before taxes9903€-38k€-39k▼
Profit (loss) for the period9904€-38k€-39k▼
Profit (loss) for the period to be appropriated9905€-38k€-39k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-190k€-229k▼
Profit (loss) brought forward from the previous period14P€-152k€-190k▼
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
2025
20-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 112 days late
2024
26-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 118 days late
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 88 days late
2022
12-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 73 days late
2021
15-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 76 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial
Weakest financial yearnet €-61k ▼1765%
Net result drops to €-61k, the lowest in the series; recovery starts the following year.
15-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 76 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Vorst
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.
Darwinstraat 51190 VorstGround area
104 m²
Building footprint
104 m²
Volume, LiDAR
1,793 m³
Parcel 21383B0079/00W003, Brussels · tallest building 20.2 m, ±6 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21383B0079/00W003 | Brussels | 104 m² | 1 · 104 m² | 20.2 m · 6 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.
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Of 6,457 companies in sector 47716 we hold annual accounts for 2,421. 1,473 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded18-05-2018
Fiscal year end31-12
Activities, NACEBEL
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.