Equity
TOP has made a profit without a break since 2010.
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TOP has made a profit without a break since 2010.
Green is investment, beige is depreciation. Machinery stands 227.0% higher than in 2024.
Latest accounts filed late: after the legal deadline.
In July 2024, 17,041 companies had the same profile as TOP has now. Each dot stands for 43 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
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.
| 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
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| 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% | - |
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.
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.
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Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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