IMMO TOP INVEST
ActiveIMMO TOP INVEST has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €291k and a net result of €7k. Equity is shrinking by ~15.6% per year across the filed fiscal years. Its solvency ranks better than 40% of 9107 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
64
/ 100
Healthy▲ +37 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability12▲+12
Solvency37▲+8
Growth32=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity tight (current ratio 1.44 against 1.31 in 2024), and 79.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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 2025Solvency, return and age of the figures
Solvency
20.9%
Return on assets
0.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 10 filingsDeviation from the deadline
2025
27 d late
2024
31 d early
2023
6 d late
2022
34 d early
2021
17 d early
2020
44 d late
2019
13 d late
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€291k▲ 2.6%
2024 · €284k
2018: €884k
2019: €842k
2020: €657k
2021: €589k
2022: €521k
2023: €536k
2024: €284k
2018 → 2025
Total assets
€1.39M▼ 22.7%
2024 · €1.80M
2018: €2.76M
2019: €3.39M
2020: €2.12M
2021: €1.79M
2022: €1.92M
2023: €1.61M
2024: €1.80M
2018 → 2025
Net result
€7k
2024 · €-252k
2018: €41k
2019: €-42k
2020: €-186k
2021: €-67k
2022: €-68k
2023: €15k
2024: €-252k
2018 → 2025
Working capital
€421k▼ 0.2%
2024 · €422k
2018: €796k
2019: €822k
2020: €698k
2021: €678k
2022: €657k
2023: €673k
2024: €422k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€589k-€521k▼ 11.6%€536k▲ 2.9%€284k▼ 47.1%€291k▲ 2.6%
Operating result€-35k-€-56k▼ 59.2%€41k€-235k€31k
Net result€-67k-€-68k▼ 1.7%€15k€-252k€7k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €31k after a loss of €235k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.39M
Fixed assets
€20k▲ 66.2%
Current assets
€1.37M▼ 23.4%
Equity and liabilities €1.39M
Equity
€291k▲ 2.6%
Debt
€1.10M▼ 27.5%
The debt ratio falls from 84.2% to 79.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€42k▲
2024 · €-228k
Cash flow
€19k▲
2024 · €-246k
Solvency
20.9%▲
2024 · 15.8%
Current ratio
1.44▲
2024 · 1.31
Quick ratio
1.44▲
2024 · 1.31
Debt / equity
3.78▼
2024 · 5.35
ROE
2.5%▲
2024 · -88.9%
ROA
0.5%▲
2024 · -14.0%
Interest coverage
1.88▲
2024 · -13.57
Debt
€1.10M▼
2024 · €1.52M
Debt ≤ 1 year
€951k▼
2024 · €1.37M
Debt > 1 year
€150k=
2024 · €150k
Income taxes
€2k▲
2024 · €1k
Staff costs
€778k▲
2024 · €642k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.80M€1.39M▼
Fixed assets21/28€12k€20k▲
Tangible fixed assets22/27€12k€20k▲
Land and buildings22€0-
Plant, machinery and equipment23€11k€17k▲
Furniture and vehicles24€1k€4k▲
Current assets29/58€1.79M€1.37M▼
Amounts receivable within one year40/41€1.54M€1.04M▼
Trade receivables40€702k€378k▼
Other amounts receivable41€842k€663k▼
Cash at bank and in hand54/58€241k€307k▲
Deferred charges and accrued income490/1€5k€24k▲
Equity and liabilities
Total equity and liabilities10/49€1.80M€1.39M▼
Equity10/15€284k€291k▲
Contributions10/11€1.05M€1.05M=
Profit (loss) carried forward14€-769k€-761k▲
Amounts payable17/49€1.52M€1.10M▼
Amounts payable after more than one year17€150k€150k=
Financial debts170/4€150k€150k=
Amounts payable within one year42/48€1.37M€951k▼
Trade debts44€171k€106k▼
Suppliers440/4€171k€106k▼
Advances received on contracts in progress46€1.02M€621k▼
Taxes, remuneration and social security45€163k€224k▲
Taxes450/3€42k€67k▲
Remuneration and social security454/9€122k€157k▲
Other amounts payable47/48€18k€0▼
Income statement
Code20242025
Non-recurring operating income76A€12k€9k▼
Remuneration, social security and pensions62€642k€778k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€11k▲
Other operating charges640/8€14k€10k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€429k€830k▲
Operating profit (loss)9901€-235k€31k▲
Financial income75/76B€844€586▼
Recurring financial income75€844€586▼
Financial charges65/66B€17k€22k▲
Recurring financial charges65€17k€22k▲
Profit (loss) for the period before taxes9903€-251k€9k▲
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€-252k€7k▲
Profit (loss) for the period to be appropriated9905€-252k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-769k€-761k▲
Profit (loss) brought forward from the previous period14P€-516k€-769k▼
Transfer from equity791/2€0-
Social balance
Average headcount (FTE)90877.78.5▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
23-03
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director appointment4 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director appointment4 facts ▸
- General meeting, 26/01/2026
- Director resignation, GMO PROJECTS BV (bestuurder)
- Director appointment, MULLENS Daan (bestuurder)
- Permanent representative, MULLENS Daan
2025
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-252k ▼1749%
Net result drops to €-252k, the lowest in the series; recovery starts the following year.
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 6 days late
2023
31-12
Financial
Back to profitnet €15k
Net result €15k after 4 loss-making years.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
13-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 44 days late
2020
13-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 13 days late
2019
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 7 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 directors, no change since 2026
MULLENS Daan
CurrentDirector · since 26-01-2026
26-01-2026
MULLENS Daan: Appointed as Director
26-01-2026
GMO PROJECTS BV: Resigned as Director
01-03-2025
GMO Projects: Resigned as Director
26-04-2021
GOVAERTS Sabrina: Resigned as Director
01-09-2020
GM TOP INVEST BV: Resigned as Director
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2008
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.
Guffenslaan 1083500 HasseltGround area
998 m²
Building footprint
764 m²
Volume, LiDAR
6,092 m³
Parcel 71022H0554/00B002, Flanders · tallest building 21.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
IMMO TOP INVEST
since 20082.173.090.505
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71022H0554/00B002 | Flanders | 998 m² | 1 · 764 m² | 21.5 m · 1 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.
Structure & network
Connections & network
1 connected companyLinked via shared directors
viaMULLENS Daan · Permanent representative
former→
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 2,577 EUR awarded · 2,577 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 672 EUR | 672 EUR |
| 2023 | 1 | 1,905 EUR | 1,905 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,708 companies in sector 68310 we hold annual accounts for 6,875. 4,962 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-09-2008
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 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.