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TIP TOP MAINTENANCE

Active
Private limited companyfounded 20242 yrs activeKolomstraat 1A, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 1004.525.664
Summary

The computed 12-month bankruptcy probability of TIP TOP MAINTENANCE is 3.9% (moderate). The 2025 annual accounts show equity of €24,322 and a net result of €21,971. Its solvency ranks better than 69% of 7967 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+34
Solvency86▲+52
Growth78
Track record82
Bankruptcy probability, 12 months
3.9% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 1.96 against 0.45 in 2024; short-term debt: 39.4% and cash: 51.2% of total assets), and 39.4% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
60.6%
Return on assets
54.7%
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 07-08-2026, 7 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 · 2 filings
Deviation from the deadline
2025
7 d late
2024
17 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 12 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
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 months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

TIP TOP MAINTENANCE was incorporated on 10 January 2024 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€21,971
2024 · -€649
Working capital
€15,103
2024 · -€12,683
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result-€617-€21,986
Net result-€649below the sector's middle half-€21,971within the sector's middle half
Equity€2,351below the sector's middle half-€24,322below the sector's middle half▲ 935%
Total assets€25,308below the sector's middle half-€40,132below the sector's middle half▲ 58.6%
Debt€22,957-€15,810▼ 31.1%
Working capital-€12,683below the sector's middle half-€15,103below the sector's middle half
Solvency9.3%below the sector's middle half-60.6%within the sector's middle half▲ 51.3pp
Current ratio0.45below the sector's middle half-1.96within the sector's middle half▲ 1.51
Return on assets (ROA)-2.6%below the sector's middle half-54.7%above the sector's middle half▲ 57.3pp
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000Operating result 2024: -€617-€617Net result 2024: -€649-€649Operating result 2025: €21,986€21,986Net result 2025: €21,971€21,97120242025-€10,000€0€10,000€20,000Operating result 2024: -€617-€617Net result 2024: -€649-€649Operating result 2025: €21,986€22,000Net result 2025: €21,971€22,00020242025
The operating result returns to profit in 2025: €21,986 after a loss of €617 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €40,132
Fixed assets €9,219 ▼ 38.7%
Current assets €30,913 ▲ 201%
Equity and liabilities €40,132
Equity €24,322 ▲ 935%
Debt €15,810 ▼ 31.1%
Debt's share of the balance-sheet total falls from 90.7% to 39.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€30,193▲
2024 · €6,899
Cash flow
€30,178▲
2024 · €6,867
Debt to equity
0.65▼
2024 · 9.76
ROE
90.3%▲
2024 · -27.6%
Interest coverage
774.18▲
2024 · 215.59
Debt ≤ 1 year
€15,810▼
2024 · €22,957
Income taxes
€7
Staff costs
€721
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€25,308€40,132▲
Fixed assets21/28€15,034€9,219▼
Tangible fixed assets22/27€15,034€9,219▼
Furniture and vehicles24€15,034€9,219▼
Current assets29/58€10,274€30,913▲
Amounts receivable within one year40/41€10,197€10,385▲
Trade receivables40€8,105€6,308▼
Other amounts receivable41€2,092€4,077▲
Cash at bank and in hand54/58€77€20,528▲
Equity and liabilities
Total equity and liabilities10/49€25,308€40,132▲
Equity10/15€2,351€24,322▲
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14-€649€21,322▲
Amounts payable17/49€22,957€15,810▼
Amounts payable within one year42/48€22,957€15,810▼
Trade debts44€101-
Suppliers440/4€101-
Other amounts payable47/48€22,856€15,810▼
Income statement Code20242025
Remuneration, social security and pensions62-€721
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,516€8,207▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€1,496
Other operating charges640/8€772-
Gross operating margin9900€7,671€32,410▲
Operating profit (loss)9901-€617€21,986▲
Financial income75/76B-€31
Recurring financial income75-€31
Financial charges65/66B€32€39▲
Recurring financial charges65€32€39▲
Profit (loss) for the period before taxes9903-€649€21,978▲
Income taxes67/77-€7
Profit (loss) for the period9904-€649€21,971▲
Profit (loss) for the period to be appropriated9905-€649€21,971▲
Appropriation of the result
Profit (loss) to be appropriated9906-€649€21,322▲
Profit (loss) brought forward from the previous period14P--€649

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Remuneration, social security and pensions62-€721-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,516€8,207▲ 9.2%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€1,496-
Other operating charges640/8€772--
Gross operating margin9900€7,671€32,410▲ 323%
Operating profit (loss)9901-€617€21,986▲ 3,663%
Financial income75/76B-€31-
Recurring financial income75-€31-
Financial charges65/66B€32€39▲ 21.9%
Recurring financial charges65€32€39▲ 21.9%
Profit (loss) for the period before taxes9903-€649€21,978▲ 3,486%
Income taxes67/77-€7-
Profit (loss) for the period9904-€649€21,971▲ 3,485%
Profit (loss) for the period to be appropriated9905-€649€21,971▲ 3,485%
Line20242025Change
Assets
Total assets20/58€25,308€40,132▲ 58.6%
Fixed assets21/28€15,034€9,219▼ 38.7%
Tangible fixed assets22/27€15,034€9,219▼ 38.7%
Furniture and vehicles24€15,034€9,219▼ 38.7%
Current assets29/58€10,274€30,913▲ 201%
Amounts receivable within one year40/41€10,197€10,385▲ 1.8%
Trade receivables40€8,105€6,308▼ 22.2%
Other amounts receivable41€2,092€4,077▲ 94.9%
Cash at bank and in hand54/58€77€20,528▲ 26,560%
Equity and liabilities
Total equity and liabilities10/49€25,308€40,132▲ 58.6%
Equity10/15€2,351€24,322▲ 935%
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14-€649€21,322▲ 3,385%
Amounts payable17/49€22,957€15,810▼ 31.1%
Amounts payable within one year42/48€22,957€15,810▼ 31.1%
Trade debts44€101--
Suppliers440/4€101--
Other amounts payable47/48€22,856€15,810▼ 30.8%
Line20242025Change
Profit (loss) for the period9904-€649€21,971▲ 3,485%
+ Depreciation and write-downs630€7,516€8,207▲ 9.2%
Operating cash flow (approximation)€6,867€30,178▲ 339%
Investment in fixed assets (approximation)--€2,392-
Change in cash-€20,451-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
07-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 7 days late
2025
31-12
Financial Back to profitnet €21,971
Net result €21,971 after one loss-making year.
31-12
Financial Liquidity quadruplescurrent ratio 1.96
Current ratio from 0.45 to 1.96; short-term debt falls from €22,957 to €15,810.
17-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Sint-Jans-Molenbeek · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
2,442 m²
Building footprint
406 m²
Volume, LiDAR
3,423 m³
Parcel 21522B0623/00L000, Brussels · tallest building 19.8 m, ±2 floors. Linked by address, not a title deed.
292 companies at this address See who is registered here
1 establishment unit
TIP TOP MAINTENANCE
Kolomstraat 1A, 1080 Sint-Jans-MolenbeekPlumbing work
since 20242.354.771.703
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21522B0623/00L000 Brussels 2,442 m² 1 · 406 m² 19.8 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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

Of 7,043 companies in sector 43221 we hold annual accounts for 3,480. 2,600 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded10-01-2024
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
E-invoicing
Reachable via Peppol
Peppol ID 0208:1004525664
Registered 08-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.