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TOP LOCATIONS

Active
Public limited companyfounded 1988active for 38 yearsMechelsesteenweg 50, 2650 Edegem, BelgiumKBO/BCE: BE 0436.132.685
Summary

TOP LOCATIONS has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €101,923 and a net result of €1,665. Equity has been shrinking by about 7.5% per year since 2018. Its solvency ranks better than 40% of 2,083 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 30-08-1988 Normal situation
Activity
Advertising agencies NACE 73110and 1 other
Establishment unit
2.041.337.680 2650 Edegem, since 22-12-1988
Financial year end
31 December
Peppol
Reachable since 24-11-2023

Financial position

81 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
-€3,758
▲ 8.9%
Profit
€1,665
▲ 30.8%
Equity
€101,923
▲ 1.7%
Total assets
€315,292
▲ 0.8%
  • 2025 accounts filed 31 days after the deadline
Turnover not published (abbreviated or micro format)
Score breakdownraises riskLiquidity: current ratio 1.42, cash €54, halvedLast filed accounts filed 31 days late; 1 of the last 3 accounts latelowers riskFounded in 1988Size: total assets €315,292Show the evidence

Checked score

Score 2025
81 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 29% of micro companies in advertising and market research (NACE 73)
Financial strength · tick: 2024
Weak
Solvency 57=
equity 32.3% of total assets
Liquidity 14=
short-term debt 67.7% · cash 0.0%
Profitability 39=
return on assets 0.5%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,227 companies, NACE 73, micro)
Last 24 months 12-2024: 1.4% 01-2025: 1.4%● unchanged vs 12-2024 02-2025: 1.4%● unchanged vs 01-2025 03-2025: 1.4%● unchanged vs 02-2025 04-2025: 1.4%● unchanged vs 03-2025 05-2025: 1.4%● unchanged vs 04-2025 06-2025: 1.5%▲ +0.1 percentage points vs 05-2025 07-2025: 1.6%▲ +0.1 percentage points vs 06-2025 08-2025: 2.0%▲ +0.4 percentage points vs 07-2025 09-2025: 2.5%▲ +0.5 percentage points vs 08-2025highest value 10-2025: 0.9%▼ -1.6 percentage points vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 1.0%▲ +0.1 percentage points vs 05-2026 07-2026: 0.4%▼ -0.6 percentage points vs 06-2026lowest value 08-2026: 0.8%▲ +0.4 percentage points vs 07-2026 09-2026: 0.4%▼ -0.4 percentage points vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.42 (1.42 in 2024), below the usual 1.5. Short-term debt is 67.7% and cash 0% of total assets. 67.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 73, micro). It does better than 35% of them on solvency, 8% on liquidity, 25% on profitability and 48% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Founded in 1988
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 1.42, cash €54, halved
NBB · annual accounts
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €315,292
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
28 days late
2023
8 days early
2022
161 days late
2021
2 days late
2020
31 days late
2019
29 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 31 days after the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (4 of the last 5 accounts filed within 35 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 4th oldest company in Edegem, Professional and technical services sectorin the Checked rankings No. 4 View

Recent changes

  1. · Gazette deed Registered office moved from Antwerpen to Edegem
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as TOP LOCATIONS: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €284,000 and €373,000, founded between 1987 and 1994.

CompanyTotal assetsGross margin
TOP LOCATIONS Edegem€315,292-€3,758
PEABODY Schilde€372,941-€3,812
IMAPRO Herentals€302,614-€2,267
IN EXTREMIS Ukkel€317,021-€9,386
J.P. en P. Lennik€348,200€467
INTRO Hasselt€283,647-€20,630
Grensland Media Lanaken€312,953-€11,417
Full comparison

Key facts about TOP LOCATIONS

What is the company number of TOP LOCATIONS?
The company number of TOP LOCATIONS is 0436.132.685. The VAT number is the same number with BE in front: BE 0436.132.685.
Where is TOP LOCATIONS based?
The registered office is at Mechelsesteenweg 50, 2650 Edegem.Company details
What does TOP LOCATIONS do?
According to the KBO register, the main activity is advertising agencies (NACE 73110).
What is the legal form of TOP LOCATIONS?
The legal form of TOP LOCATIONS is Public limited company (NV).
When was TOP LOCATIONS founded?
TOP LOCATIONS was founded on 30-08-1988.
Is TOP LOCATIONS still active?
Yes, TOP LOCATIONS is an active enterprise in the KBO register.
What is the turnover of TOP LOCATIONS?
The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
Is TOP LOCATIONS profitable?
In financial year 2025, TOP LOCATIONS made a profit of €1,665.
Where can I find the annual accounts of TOP LOCATIONS?
TOP LOCATIONS filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TOP LOCATIONS due?
TOP LOCATIONS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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