TOP AUTOMOBILES
ActiveTOP AUTOMOBILES has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €96k and a net result of €-626. Equity is growing by ~53.4% per year across the filed fiscal years. Its solvency ranks better than 44% of 956 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability40▼-43
Solvency61▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.23 against 1.2 in 2024; short-term debt: 62.9% and cash: 26.2% of total assets), and 63.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
36.5%
Return on assets
-0.2%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-01-2026, 90 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
90 d early
2024
97 d early
2023
65 d early
2022
88 d early
2021
80 d early
2020
78 d early
2019
63 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€96k▼ 0.7%
2024 · €96k
2018: €3k
2019: €-9k
2020: €4k
2021: €27k
2022: €38k
2023: €60k
2024: €96k
2018 → 2025
Total assets
€262k▼ 15.5%
2024 · €310k
2018: €178k
2019: €228k
2020: €204k
2021: €238k
2022: €241k
2023: €228k
2024: €310k
2018 → 2025
Net result
€-626
2024 · €36k
2018: €-4k
2019: €-12k
2020: €13k
2021: €23k
2022: €11k
2023: €23k
2024: €36k
2018 → 2025
Working capital
€39k▼ 7.4%
2024 · €42k
2018: €-78k
2019: €-89k
2020: €-70k
2021: €-51k
2022: €-28k
2023: €3k
2024: €42k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€27k-€38k▲ 40.9%€60k▲ 59.6%€96k▲ 59.5%€96k▼ 0.7%
Operating result€23k-€16k▼ 29.7%€33k▲ 103%€49k▲ 49.7%€2k▼ 95.2%
Net result€23k-€11k▼ 51.3%€23k▲ 106%€36k▲ 59.2%€-626
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 95% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €262k
Fixed assets
€59k▼ 8.5%
Current assets
€203k▼ 17.3%
Equity and liabilities €262k
Equity
€96k▼ 0.7%
Debt
€166k▼ 22.2%
The debt ratio falls from 69.0% to 63.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€8k▼
2024 · €63k
Cash flow
€5k▼
2024 · €50k
Solvency
36.5%▲
2024 · 31.0%
Current ratio
1.23▲
2024 · 1.20
Quick ratio
0.50▲
2024 · 0.34
Debt / equity
1.74▼
2024 · 2.22
ROE
-0.7%▼
2024 · 37.3%
ROA
-0.2%▼
2024 · 11.6%
Interest coverage
2.64▼
2024 · 21.58
Debt
€166k▼
2024 · €214k
Debt ≤ 1 year
€165k▼
2024 · €204k
Debt > 1 year
€2k▼
2024 · €10k
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€310k€262k▼
Fixed assets21/28€64k€59k▼
Tangible fixed assets22/27€63k€58k▼
Land and buildings22€62k€57k▼
Plant, machinery and equipment23€171€68▼
Furniture and vehicles24€800-
Financial fixed assets28€1k€1k=
Current assets29/58€246k€203k▼
Stocks and contracts in progress3€177k€121k▼
Stocks30/36€177k€121k▼
Amounts receivable within one year40/41€10k€14k▲
Trade receivables40€10k€14k▲
Cash at bank and in hand54/58€58k€69k▲
Deferred charges and accrued income490/1€654€214▼
Equity and liabilities
Total equity and liabilities10/49€310k€262k▼
Equity10/15€96k€96k▼
Contributions10/11€59k€59k=
Outside capital11€59k-
Other1109/19€59k-
Reserves13€2k€2k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133-€2k
Profit (loss) carried forward14€36k€35k▼
Amounts payable17/49€214k€166k▼
Amounts payable after more than one year17€10k€2k▼
Financial debts170/4€10k€2k▼
Amounts payable within one year42/48€204k€165k▼
Current portion of amounts payable after more than one year42€11k€8k▼
Trade debts44€66k€13k▼
Suppliers440/4€66k€13k▼
Advances received on contracts in progress46€2k€26k▲
Taxes, remuneration and social security45€12k€2k▼
Taxes450/3€12k€2k▼
Other amounts payable47/48€114k€116k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€5k▼
Other operating charges640/8€3k€7k▲
Non-recurring operating charges66A-€560
Gross operating margin9900€66k€16k▼
Operating profit (loss)9901€49k€2k▼
Financial income75/76B€3k-
Recurring financial income75€3k-
Non-recurring financial income76B€3k-
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€49k€-626▼
Income taxes67/77€13k-
Profit (loss) for the period9904€36k€-626▼
Profit (loss) for the period to be appropriated9905€36k€-626▼
Appropriation of the result
Profit (loss) to be appropriated9906€36k€35k▼
Profit (loss) brought forward from the previous period14P€-226€36k▲
The notes to these accounts (8 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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2018net €36k ▲59.2%
Operating result €49k, net result €36k, both a record.
25-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
11-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €13k
Net result €13k after 2 loss-making years.
27-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
19-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Nivelles · 1 establishment unit since 1995
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.
Faubourg de Soignies 1101400 NivellesGround area
138 m²
Building footprint
132 m²
Volume, LiDAR
1,247 m³
Parcel 25783E0069/00T003, Wallonia · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TOP AUTOMOBILES
since 19952.073.641.947
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25783E0069/00T003 | Wallonia | 138 m² | 1 · 132 m² | 10.6 m · 3 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.
Similar companies · same sector, comparable size
EUROMAYA
BE 0781.496.336
Beveren-Kruibeke-Zwijndrecht · Eq €97k
PERRYCO
BE 0449.953.108
Beveren-Kruibeke-Zwijndrecht · Eq €97k
KAZAJ
BE 0759.960.950
Evere · Eq €97k
FLEET ASSISTANCE 24
BE 0798.754.121
Veurne · Eq €94k
NORA
BE 0431.086.905
Namur · Eq €94k
Of 1,725 companies in sector 52210 we hold annual accounts for 771. 563 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-09-1995
Fiscal year end30-09
Activities, NACEBEL
52210Service activities incidental to land transportation
63210
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
50101
50103
50200
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.