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TOP-C PROJECTS

Active Public limited companyfounded 2008active for 18 yearsGeldenaaksebaan 147, 3001 LeuvenKBO/BCE: BE 0896.857.941
TOP-C PROJECTS
Financial year 2025
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Annual accounts 2025

micro format, filed on 30-01-2026, 1 day before the deadline
-€2,408
▲ €292
-€3,442
▲ €1,151
-€3,888
▲ €7,206
-€52,857
▼ €3,888
-0.4%
unchanged
1.00
▼ 0.00

Turnover and EBIT margin are not published. The micro format does not require them.

Balance sheet

balance sheet total €13.3m on 30-06-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

-0.4%

Higher than 20% of 17,194 companies in 2025.

1.00

Higher than 45% of 16,491 companies in 2025.

0.0%

Higher than 37% of 16,870 companies in 2025.

TOP-C PROJECTS Middle half of the sector 80% of the sector Micro accounts in real estate (NACE 68)

Net result: middle half · Equity: bottom quarter · Balance sheet total: top quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220102009
Balance sheet: assets
20/58 13.3m13.4m13.2m13.1m12.9m12.9m12.8m12.8m12.7m12.6m12.5m12.0m10.7m8.5m4.6m3.2m
21/28 6256256256256256256256256256256256256256251,375-
28 6256256256256256256256256256256256256256251,375-
29/58 13.3m13.4m13.2m13.1m12.9m12.9m12.8m12.8m12.7m12.6m12.5m12.0m10.7m8.5m4.6m3.2m
3 13.2m13.2m13.0m12.9m12.7m12.7m12.6m12.6m12.6m12.5m12.4m11.7m10.3m8.4m4.6m3.1m
30/36 13.2m13.2m13.0m12.9m12.7m12.7m12.6m12.6m12.6m12.5m12.4m11.7m10.3m8.4m4.6m3.1m
40/41 167,447166,690202,631208,119215,246231,379156,376149,29998,90174,893113,328233,849316,05020,9191,0713,527
40 153,384152,932153,384152,630151,044146,28092,027101,40797,67265,112107,303233,828316,030---
41 14,06313,75849,24755,48964,20385,09964,34947,8931,2299,7806,025212020,9191,0713,527
54/58 121,58826,9634,2357,42560216438,79526,82111,4331,02713,85030,96640,297143131,948
490/1 10210298989811,92711,54511,0759,4519,0138,9997,7507,7507,7507,7507,750
Balance sheet: equity and liabilities
10/49 13.3m13.4m13.2m13.1m12.9m12.9m12.8m12.8m12.7m12.6m12.5m12.0m10.7m8.5m4.6m3.2m
10/15 -52,232-48,344-37,251-23,745-28,750-12,611-26,9613,02140,15415,20642,80155,07657,22960,66762,85863,374
10/11 62,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,000
10 62,00062,00062,00062,000------------
100 62,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,000
13 69696969696969696969696969696969
130/1 6969696969-----------
130 69696969696969696969696969696969
14 -114,301-110,413-99,319-85,814-90,818-74,680-89,030-59,048-21,915-46,863-19,268-6,992-4,839-1,4027901,306
17/49 13.4m13.4m13.3m13.1m12.9m12.9m12.8m12.8m12.7m12.6m12.5m12.0m10.6m8.4m4.6m3.2m
17 --158,479157,655176,830195,600213,889232,072249,905267,395-1.5m4.2m5.9m4.5m2.6m
170/4 --158,479157,655176,830195,600213,889232,072249,905267,395-1.5m4.2m4.4m2.7m1.7m
178/9 -------------1.6m1.8m950,000
42/48 13.4m13.4m13.1m13.0m12.8m12.7m12.6m12.6m12.4m12.4m12.5m10.4m6.4m2.5m95,791571,816
42 ---19,17518,77018,3731.9m1.9m1.7m1.6m1.6m-----
43 --180,000-29,0856,3813,710---293,000---321-
430/8 --180,000-29,0856,3813,710-------321-
439 ----------293,000-----
44 35,869107,71191,167216,80939,79841,72932,6962,31973554,354106,081274,037370,962233,89895,470571,816
440/4 35,869107,71191,167216,80939,79841,72932,6962,31973554,354106,081274,037370,962233,89895,470571,816
46 12.9m12.9m12.3m12.2m12.2m12.2m9.8m9.8m9.8m9.6m9.5m9.3m6.0m2.3m--
45 -----------339,92870,319---
450/3 -----------339,92870,319---
47/48 499,364430,810502,408507,908472,908467,908910,608905,508914,0001.0m1.0m492,500----
Income statement
76A -----------13159---
9900 -2,408-2,7017,92019,9955,76721,275-23,958-30,78233,367-20,39716,76566,47799,369217,365108,232115,689
630 ------------968--2,286
640/8 1,0331,8923,5343,38811,1621,4638939191,8901,2611,8651,7361,6302,1418621,030
66A -----------66,907100,367---
9901 -3,442-4,5924,38616,606-5,39519,812-24,851-31,70131,476-21,65814,90064,74196,771215,224107,370112,373
75/76B ------15-3216--2827734
75 ------15-3216--2827734
65/66B 4466,50117,89211,60210,7445,4625,1465,4326,5315,93927,169--217,698107,963111,033
65 4466,50117,89211,60210,7445,4625,1465,4326,5315,93927,169--217,698107,963111,033
9903 -3,888-11,094-13,5055,004-16,13914,350-29,982-37,13324,948-27,594-12,254-2,153-3,437-2,192-5161,374
67/77 ---------022-----
9904 -3,888-11,094-13,5055,004-16,13914,350-29,982-37,13324,948-27,595-12,276-2,153-3,437-2,192-5161,374
9905 -3,888-11,094-13,5055,004-16,13914,350-29,982-37,13324,948-27,595-12,276-2,153-3,437-2,192-5161,374
Appropriation of the result
9906 -114,301-110,413-99,319-85,814-90,818-74,680-89,030-59,048-21,915-46,863-19,268-6,992-4,839-1,4027901,374
14P -110,413-99,319-85,814-90,818------------
691/2 ---------------69
6920 ---------------69
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 1 item. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 30-01-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-06-2025 micro format 30-01-2026 2026-00023187 PDF
30-06-2024 micro format 31-01-2025 2025-00020831 PDF
30-06-2023 micro format 30-01-2024 2024-00018424 PDF
30-06-2022 micro format 31-01-2023 2023-00021002 PDF
30-06-2021 micro format 12-01-2022 2022-00800572 PDF
30-06-2020 micro format 28-01-2021 2021-02700542 PDF
30-06-2019 micro format 30-01-2020 2020-03400009 PDF
30-06-2018 micro format 31-01-2019 2019-03800494 PDF
30-06-2017 micro format 30-01-2018 2018-03300109 PDF
30-06-2016 abbreviated format 31-01-2017 2017-03400538 PDF
30-06-2015 abbreviated format 29-01-2016 2016-03400344 PDF
30-06-2014 abbreviated format 04-03-2015 2015-05900267 PDF
30-06-2013 abbreviated format 27-02-2014 2014-05000209 PDF
30-06-2012 abbreviated format 25-02-2013 2013-04500156 PDF
30-09-2010 abbreviated format 29-04-2011 2011-09300425 PDF
30-09-2009 abbreviated format 30-04-2010 2010-10300091 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220102009
------------97,739--114,659
-------------2,469--3,660
------------968-1,375-
-1,576-25,37522,727-3,1906,824438-38,63111,97415,38810,406-12,823-17,116-9,332--131,805-
-52,857-48,969120,604133,285147,455182,364186,303234,468289,434281,97642,1761.6m4.3m6.0m4.6m2.7m
-0.4%-0.4%-0.3%-0.2%-0.2%-0.1%-0.2%0.0%0.3%0.1%0.3%0.5%0.5%0.7%1.4%2.0%
1.001.001.011.011.011.011.011.021.021.021.001.151.663.3848.515.66
0.010.010.020.020.020.020.010.020.010.010.010.020.060.030.090.25
--------------72.9550.05
--------62.1%-181.5%-28.7%-3.9%-6.0%-3.6%-0.8%2.2%
0.0%-0.1%-0.1%0.0%-0.1%0.1%-0.2%-0.3%0.2%-0.2%-0.1%0.0%0.0%0.0%0.0%0.0%

A ratio outside any meaningful range has been withheld (balance sheet total €13.3m, equity -€52,232).

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on TOP-C PROJECTS

The operating result for 2025 is a loss of €3,442, smaller than the loss of €4,592 in 2024.

Equity is negative. Debt (€13.4m) exceeds the balance-sheet total (€13.3m).

Next steps

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