TOP HORECA
Open bankruptcyA bankruptcy procedure is open for TOP HORECA according to publications in the Belgian State Gazette; curator: JOHN DEHAENE. The 2023 annual accounts show equity of €49k and a net result of €-575.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2022 and 2023); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2023Net result per financial year
181920212223
2018 to 2023 · latest year -€575
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-05-2024, 63 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
63 d early
2022
31 d late
2021
54 d early
2020
31 d late
2019
5 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€49k▼ 1.2%
2022 · €49k
2018: €48k
2019: €50k
2020: €54k
2021: €54k
2022: €49k
2018 → 2023
Total assets
€49k▼ 1.8%
2022 · €50k
2018: €78k
2019: €82k
2020: €64k
2021: €54k
2022: €50k
2018 → 2023
Net result
€-575▲ 87.3%
2022 · €-5k
2018: €-355
2019: €2k
2020: €4k
2021: €-596
2022: €-5k
2018 → 2023
Working capital
€49k▼ 7.2%
2021 · €53k
2018: €45k
2019: €48k
2020: €50k
2021: €53k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€50k-€54k▲ 8.5%€54k▼ 1.1%€49k▼ 8.4%€49k▼ 1.2%
Operating result€-1k-€4k€-8k€-7k▲ 6.3%€-3k▲ 62.8%
Net result€2k-€4k▲ 71.9%€-596€-5k▼ 657%€-575▲ 87.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2023 against €7k in 2022; the loss shrinks.
Key figures and ratios
Solvency
100.0%▲
2022 · 99.3%
ROE
-1.2%▲
2022 · -9.1%
ROA
-1.2%▲
2022 · -9.1%
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€50k€49k▼
Current assets29/58€50k€49k▼
Amounts receivable after more than one year29-€416
Other amounts receivable291-€416
Stocks and contracts in progress3€6k€6k▲
Stocks30/36€6k€6k▲
Amounts receivable within one year40/41€42k€41k▼
Trade receivables40€1k€150▼
Other amounts receivable41€41k€41k▲
Cash at bank and in hand54/58€2k€753▼
Equity and liabilities
Total equity and liabilities10/49€50k€49k▼
Equity10/15€49k€49k▼
Contributions10/11€19k€19k=
Reserves13€36k€30k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€34k€28k▼
Profit (loss) carried forward14€-5k-
Amounts payable17/49€344-
Amounts payable within one year42/48€344-
Trade debts44€344-
Suppliers440/4€344-
Income statement
Code20222023
Other operating charges640/8€321€384▲
Non-recurring operating charges66A€670-
Gross operating margin9900€-6k€-2k▲
Operating profit (loss)9901€-7k€-3k▲
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€47€64▲
Recurring financial charges65€47€64▲
Profit (loss) for the period before taxes9903€-5k€-575▲
Profit (loss) for the period9904€-5k€-575▲
Profit (loss) for the period to be appropriated9905€-5k€-575▲
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€-6k▼
Profit (loss) brought forward from the previous period14P€-596€-5k▼
Transfer from equity791/2-€6k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-10
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Mons · TOP HORECA SPRL AVENUE B. DE CONSTANTINOPLE 18/1, 7000 MONS · event 27-10-2025
2024
29-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series.
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity times 14current ratio 86.85
Current ratio from 6.08 to 86.85; short-term debt falls from €10k to €619.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €4k ▲71.9%
Operating result €4k, net result €4k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 6.08
Current ratio from 2.52 to 6.08; short-term debt falls from €31k to €10k.
05-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 5 days late
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
12-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 43 days late
2015
27-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 27 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Mons · 1 establishment unit since 2024
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.
Avenue B. de Constantinople 187000 MonsGround area
69 m²
Building footprint
64 m²
Parcel 53405C0001/00F043, Wallonia. Linked by address, not a title deed.
1 establishment unit
Top Horeca
since 20242.356.918.965
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53405C0001/00F043 | Wallonia | 68 m² | 1 · 64 m² | - |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JOHN DEHAENE RUE NEUVE, 16, 7000 MONS-
.
Date provisoire de cessation de paiement : 27/10/2025 |
27-10-2025 → present |
Similar companies · same sector, comparable size
KOSKAR
BE 1002.444.916
Waterloo · Eq €48k
Emmaburg
BE 1005.779.835
Aywaille · Eq €52k
C.D. MATIC
BE 0419.910.723
Philippeville · Eq €46k
STAR-DUST ARCADE
BE 0423.946.715
Tubize · Eq €53k
De Wouterbron
BE 0401.368.182
Maaseik · Eq €45k
Of 297 companies in sector 93293 we hold annual accounts for 189. 107 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded06-03-1997
Fiscal year end31-12
Activities, NACEBEL
92722
93293Sports, amusement and recreation activities
46643Wholesale of electrical equipment, including installation materials
52720
68203Renting and operating of own or leased non-residential real estate, excluding land
70203
71404
77223Rental and leasing activities
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:aurelaisdebury@hotmail.com