TOPTEC BENELUX
ActiveSummary
TOPTEC BENELUX has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €484k and a net result of €105k. Equity is growing by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 92% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
89
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability93▲+3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 7.27 against 6.38 in 2023; short-term debt: 12.8% and cash: 67.7% of total assets), and 12.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
87.2%
Return on assets
19%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-06-2025, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
58 d early
2023
52 d early
2022
28 d early
2021
48 d early
2020
19 d early
2019
4 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€484k▼ 14.2%
2023 · €564k
2018: €306k
2019: €386k
2020: €485k
2021: €516k
2022: €551k
2023: €564k
2018 → 2024
Total assets
€555k▼ 15.9%
2023 · €659k
2018: €458k
2019: €604k
2020: €606k
2021: €615k
2022: €591k
2023: €659k
2018 → 2024
Net result
€105k▼ 6.2%
2023 · €112k
2018: €61k
2019: €81k
2020: €100k
2021: €61k
2022: €51k
2023: €112k
2018 → 2024
Working capital
€445k▼ 13.8%
2023 · €515k
2018: €164k
2019: €192k
2020: €318k
2021: €392k
2022: €503k
2023: €515k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€485k-€516k▲ 6.3%€551k▲ 6.9%€564k▲ 2.2%€484k▼ 14.2%
Operating result€138k-€83k▼ 39.8%€71k▼ 14.2%€147k▲ 106%€137k▼ 6.9%
Net result€100k-€61k▼ 39.1%€51k▼ 16.7%€112k▲ 122%€105k▼ 6.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 7% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €555k
Fixed assets
€39k ▼ 18.9%
Current assets
€515k ▼ 15.7%
Equity and liabilities €555k
Equity
€484k ▼ 14.2%
Debt
€71k ▼ 25.9%
Debt's share of the balance-sheet total falls from 14.5% to 12.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€149k▼
2023 · €182k
Cash flow
€118k▼
2023 · €148k
Current ratio
7.27▲
2023 · 6.38
Debt to equity
0.15▼
2023 · 0.17
ROE
21.8%▲
2023 · 19.9%
ROA
19.0%▲
2023 · 17.0%
Interest coverage
581.17▼
2023 · 648.81
Debt ≤ 1 year
€71k▼
2023 · €96k
Income taxes
€35k▼
2023 · €37k
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 · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€659k€555k▼
Fixed assets21/28€48k€39k▼
Tangible fixed assets22/27€48k€39k▼
Land and buildings22€32k€31k▼
Plant, machinery and equipment23€14k€7k▼
Furniture and vehicles24€2k€703▼
Current assets29/58€611k€515k▼
Stocks and contracts in progress3€6k-
Stocks30/36€6k-
Amounts receivable within one year40/41€86k€87k▲
Trade receivables40€67k€72k▲
Other amounts receivable41€19k€15k▼
Current investments50/53€50k€50k=
Cash at bank and in hand54/58€466k€375k▼
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€659k€555k▼
Equity10/15€564k€484k▼
Contributions10/11€19k€19k=
Reserves13€331k€351k▲
Distributable reserves133€331k€351k▲
Profit (loss) carried forward14€214k€114k▼
Amounts payable17/49€96k€71k▼
Amounts payable within one year42/48€96k€71k▼
Trade debts44€11k€6k▼
Suppliers440/4€11k€6k▼
Taxes, remuneration and social security45€35k€10k▼
Taxes450/3€35k€10k▼
Other amounts payable47/48€49k€55k▲
Income statement
Code20232024
Non-recurring operating income76A-€17k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€13k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€28k-
Other operating charges640/8€2k€3k▲
Gross operating margin9900€213k€152k▼
Operating profit (loss)9901€147k€137k▼
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€281€257▼
Recurring financial charges65€281€257▼
Profit (loss) for the period before taxes9903€149k€140k▼
Income taxes67/77€37k€35k▼
Profit (loss) for the period9904€112k€105k▼
Profit (loss) for the period to be appropriated9905€112k€105k▼
Appropriation of the result
Profit (loss) to be appropriated9906€327k€320k▼
Profit (loss) brought forward from the previous period14P€214k€214k=
Transfer from equity791/2€30k€30k=
Transfer to equity691/2€42k€50k▲
To other reserves6921€42k€50k▲
Profit to be distributed694/7€100k€185k▲
Return on contributions (dividend)694€100k€185k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
09-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €112k ▲122%
Operating result €147k, net result €112k, both a record.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €51k ▼16.7%
Net result drops to €51k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 8current ratio 56.73
Current ratio from 6.69 to 56.73; short-term debt falls from €69k to €9k.
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €500kEq €516k ▲6.3%
4 profitable years in a row build equity to €516k.
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity doublescurrent ratio 5.49
Current ratio from 2.47 to 5.49; short-term debt falls from €131k to €71k.
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Show earlier events
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · 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, Stekene · 1 establishment unit since 2010
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.
Kleine Dauwstraat(KEM) 99190 StekeneGround area
547 m²
Building footprint
180 m²
Volume, LiDAR
1,020 m³
Parcel 46011A0472/00H000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TOPTEC BENELUX
since 20102.188.795.102
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46011A0472/00H000 | Flanders | 547 m² | 1 · 180 m² | 8.2 m · 2 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.
Similar companies · same sector, comparable size
VERBOVEN FRANKIE
BE 0881.503.336
Beringen · Eq €483,094
Buckinx Lepalo
BE 0889.490.592
Tongeren-Borgloon · Eq €483,034
DOOM GRONDWERKEN
BE 0846.882.551
Poperinge · Eq €484,436
DEFRACO
BE 0543.737.557
Anzegem · Eq €482,419
ERWIN SCHELFHOUT
BE 0447.650.941
Beveren-Kruibeke-Zwijndrecht · Eq €482,315
Of 8,455 companies in sector 43120 we hold annual accounts for 3,233. 2,197 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-05-2010
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
43130Specialised construction activities
43990Other specialised construction activities
46620Wholesale of machine tools
46630Wholesale trade
77320Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.