Summary
Top Brands is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €4.9m and a net result of -€9.2m. Equity remains stable across the filed financial years (±2.2% per year). Its solvency ranks better than 12% of 3,009 sector peers (NACE 64, financial year 2025). The company has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals.
Group and network
Holdings and subsidiaries
5 holdings · 8 subsidiaries in the treeHoldings 5
Source for every holding own accounts 30-11-2025
- Beetroot InvestsubsidiaryEquity -€2.2mResult -€57,487100%
- Wasbar BelgiumsubsidiaryEquity €495,098Result €488,178100%
- Wasbar InternationalLUsubsidiaryEquity €24,536Result -€12,491100%
- Le Monde du PainsubsidiaryEquity €4.6mResult €1.1m99.99%
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99.99%
All subsidiaries, including indirect ones 8
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
Beetroot Invest 100%3 subsidiaries
BUNZ 100%2 subsidiaries
- Ellis Gourmet Burger France SASFR 100%
- Ellis Gourmet Burger NederlandNL 100%
- Wasbar Belgium 100%
- Wasbar InternationalLU 100%
- Le Monde du Pain 99.99%
- PIZZA BELGIUM 99.99%
According to the annual accounts to 30-11-2025 of Top Brands and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
1 current directorThe board mandates are listed below; here you explore them as a network.