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 26049 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
25
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record100
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; short-term debt: 680.4% and cash: 42.6% of total assets), 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
21 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
The 2024 annual accounts show negative equity and a net loss.
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
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 6,501 companies in sector 47716 we hold annual accounts for 2,439. 1,487 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 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.