TOP FACTORY
ActiveSummary
The computed 12-month bankruptcy probability of TOP FACTORY is 10.5% (high). The 2024 annual accounts show negative equity (-€15,257) and a net result of -€33,737. Its solvency ranks better than 13% of 6719 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 2 accounts on average 46 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 10.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 7,638 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €36,865 | €162,375 | ▲ 340% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,055 | €2,479 | ▲ 135% |
| Other operating charges640/8 | €109 | €669 | ▲ 516% |
| Gross operating margin9900 | €56,565 | €132,843 | ▲ 135% |
| Operating profit (loss)9901 | €18,537 | -€32,680 | ▼ 276% |
| Financial charges65/66B | €10 | €1,057 | ▲ 10,736% |
| Recurring financial charges65 | €10 | €1,057 | ▲ 10,736% |
| Profit (loss) for the period before taxes9903 | €18,527 | -€33,737 | ▼ 282% |
| Income taxes67/77 | €5,047 | - | - |
| Profit (loss) for the period9904 | €13,480 | -€33,737 | ▼ 350% |
| Profit (loss) for the period to be appropriated9905 | €13,480 | -€33,737 | ▼ 350% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €163,859 | €188,115 | ▲ 14.8% |
| Fixed assets21/28 | €12,322 | €6,576 | ▼ 46.6% |
| Tangible fixed assets22/27 | €12,322 | €6,576 | ▼ 46.6% |
| Furniture and vehicles24 | €12,322 | €6,576 | ▼ 46.6% |
| Current assets29/58 | €151,537 | €181,539 | ▲ 19.8% |
| Amounts receivable within one year40/41 | €142,687 | €168,484 | ▲ 18.1% |
| Trade receivables40 | €142,687 | €168,484 | ▲ 18.1% |
| Cash at bank and in hand54/58 | €8,849 | €13,055 | ▲ 47.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €163,859 | €188,115 | ▲ 14.8% |
| Equity10/15 | €18,480 | -€15,257 | ▼ 183% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €13,480 | -€20,257 | ▼ 250% |
| Amounts payable17/49 | €145,378 | €203,372 | ▲ 39.9% |
| Amounts payable within one year42/48 | €145,378 | €203,372 | ▲ 39.9% |
| Trade debts44 | €85,895 | €149,749 | ▲ 74.3% |
| Suppliers440/4 | €85,895 | €149,749 | ▲ 74.3% |
| Advances received on contracts in progress46 | €38,057 | €18,317 | ▼ 51.9% |
| Taxes, remuneration and social security45 | €21,405 | €31,444 | ▲ 46.9% |
| Taxes450/3 | €14,183 | €10,306 | ▼ 27.3% |
| Remuneration and social security454/9 | €7,222 | €21,139 | ▲ 193% |
| Other amounts payable47/48 | €22 | €3,861 | ▲ 17,388% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €13,480 | -€33,737 | ▼ 350% |
| + Depreciation and write-downs630 | €1,055 | €2,479 | ▲ 135% |
| Operating cash flow (approximation) | €14,535 | -€31,258 | ▼ 315% |
| Investment in fixed assets (approximation) | - | €3,267 | - |
| Change in cash | - | €4,206 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21910E0093/00K003 | Brussels | 77 m² | 1 · 66 m² | 18.6 m · 6 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.