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TOP

Active Public limited companyfounded 1989active for 36 yearsWeggevoerdenstraat 2, 9200 DendermondeKBO/BCE: BE 0439.425.836

Lifetime

19 annual accounts with figures on one time axis, 35 filings since 1990
peak €113,114 (2021)
€24,233▼ 12.5%
lowest -€40,624 (2006)
€17,076▼ 14.0%
peak €405,933 (2025)
€405,933▲ 4.4%
€26,094▲ 36.6%
Board3 names since 2013
2 directors and 1 other
Documentsfilings and deeds
30-09-202661 days late
2025abbreviated format
Gross margin from €27,680 to €24,233Debts from €19,109 to €26,094Investments €57,449Cash from €160,537 to €111,898

Key points

from the 2025 annual accounts

Equity

€405,933 ▲ 4.4%

TOP has made a profit without a break since 2010.

Investments

€42,118 4.8 × depreciation
2022202320242025

Green is investment, beige is depreciation. Machinery stands 227.0% higher than in 2024.

Filings

35 annual accounts 61 days
AprilJune31 JulyOctober1990200020102020

Latest accounts filed late: after the legal deadline.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,041 companies had the same profile as TOP has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,041 companies, not a prediction for TOP. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Managing director
Director, since 12-05-2013
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0439425836
1 director appointed, 2 resignations, 2 reappointments Reappointments: and · Resignations: and (managing director) · Appointment: (managing director) · General meeting of 05-02-2024 · Gazette deed
Resignations & appointments General meeting of 13-05-2019 · Gazette deed
2 establishments registered Dendermonde
All 47 events

Comparable companies

same main activity, similar in size and age
Company
TOP Dendermonde €37,293 33.5% 94.0% -
DEVAL Ninove - - 73.1% -
IMMOCOM Wetteren - - 36.3% -
W.A.P. INVESTMENT Maaseik - - 89.9% -
LA FONTAINE BOULANTE Ottignies-Louvain-la-Neuve - - 57.9% -
IB LICHTATELJEE Bruges - - 45.8% -
D.Y Rebecq €85,719 -50.7% 14.0% -
-10%0%10%20%€50,000€500,000€5m€50m€500mTOPEBIT margin

Grey: the largest companies of the sector (real estate (NACE 68)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as TOP: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €384,000 and €509,000, founded between 1985 and 1993.

Official details

Source: KBO
Status
Active since 28-12-1989Normal situation
Activity
Renting and operating of own or leased residential real estate, excluding social housingNACE 68201
Establishment units
2.112.111.6529200 Dendermonde, since 03-02-2003
2.131.521.1549200 Dendermonde, since 03-02-2003
Financial year end
31 December
Peppol
Reachable since 27-03-2026
Company details

Annual accounts 2025

€432,027▲ 5.9%
Filing
Filed on 30-09-2026
Financials

Insights on TOP

TOP files the abbreviated format. That format states no turnover. The gross margin rose from -€27,821 in 2006 to €24,233 in 2025.

In February 2024, the Official Gazette published the appointment of as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about TOP

What is the company number of TOP?
The company number of TOP is 0439.425.836. The VAT number is the same number with BE in front: BE 0439.425.836.
Where is TOP based?
The registered office is at Weggevoerdenstraat 2, 9200 Dendermonde.Company details
What does TOP do?
According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
What is the legal form of TOP?
TOP is a public limited company (NV).
When was TOP founded?
TOP was founded on 28-12-1989.
Is TOP still active?
Yes, TOP is an active enterprise in the KBO register.
What is the turnover of TOP?
The turnover of TOP was €37,293 in financial year 2025, according to the filed annual accounts.Financials
Is TOP profitable?
In financial year 2025, TOP made a profit of €17,076.
Where can I find the annual accounts of TOP?
TOP filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TOP due?
TOP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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