Financials
- Fiscal year
- 2025
- Total assets
- €405,893
- Loss
- -€13,938
- Solvency
- -3.4%
Dispatch Topaz
ActiveSummary
The computed 12-month bankruptcy probability of Dispatch Topaz is 2.1% (moderate). The 2025 annual accounts show negative equity (-€13,938) and a net result of -€13,938. Its solvency ranks better than 13% of 345 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Electricity, gas, steam and air conditioning supply
NACE 35130Electricity, gas, steam and air conditioning supply NACE 35120
1 site
Size
€405,893total assets 2025
- Equity
- -€13,938
- Loss
- -€13,938
Turnover not published (abridged schema)
Structure
- Parent
- Dispatch B.V.
Accounts 1 d early1 of 2 deeds read
Why 51- Liquidity: current ratio 0.03- Founded in 2024- Negative equity -€13,938+ Size: total assets €405,893Show the evidence
Checked score
Score 2025
51
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 17% of its sector peers (NACE 35, micro)
Performance against the sector, not lower risk
Financial strength
Weak
Solvency
22
equity -3.4% of total assets
Liquidity
0
short-term debt 103.4%
Profitability
29
return on assets -3.4%
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2025: 1.3%lowest value
12-2025: 1.3%● 0.0% vs 11-2025lowest value
01-2026: 1.4%▲ +4.0% vs 12-2025
02-2026: 1.5%▲ +7.6% vs 01-2026
03-2026: 1.5%▲ +6.1% vs 02-2026
04-2026: 1.7%▲ +11.1% vs 03-2026
05-2026: 1.9%▲ +10.3% vs 04-2026
06-2026: 1.9%● 0.0% vs 05-2026
07-2026: 1.9%▼ -1.5% vs 06-2026
08-2026: 1.9%▲ +4.6% vs 07-2026
09-2026: 2.0%▲ +1.4% vs 08-2026
10-2026: 2.1%▲ +4.7% vs 09-2026highest value
- Liquidity: current ratio 0.03 raises the probability
- Size: total assets €405,893 lowers the probability for this profile
- Founded in 2024 raises the probability for this profile
- Negative equity -€13,938 raises the probability
No credit on open account
Liquidity short (current ratio 0.03; short-term debt: 103.4% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 35, micro). Better than this share of them on solvency 15%, liquidity 1%, profitability 34%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
1 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
- Statutes amendmentPower of attorney
- Annual accounts filedfiscal year 2025 · abbreviated…
Key points
By topic
Board & ownership
- Parent
- Dispatch B.V.
Timeline
- Events
- 2
- Since
- 2026
- 09-09-2026Statutes amendment
- 30-07-2026Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Electricity, gas, steam and air conditioning supplyNACE 35130
- Founded
- 18-10-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 1
See the provisions in the deeds
Go to Articles of associationGo further with this company
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