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TOP MARKETS

Active
Private limited companyfounded 1993active for 32 yearsRue Aux Vallées(MD) 4, 5024 Namur, BelgiumKBO/BCE: BE 0451.332.981
Summary

TOP MARKETS has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €113,663 and a net result of €15,928. Equity remains stable across the filed financial years (±2.2% per year). Its solvency ranks better than 76% of 8,512 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Market research and public opinion polling
NACE 73200
1 site
Size
€145,024total assets 2025
Equity
€113,663
Profit
€15,928
Turnover not published (micro format)
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Holdings
1
Accounts 32 days early1 of 3 deeds read
Why 95lowers riskLiquidity: current ratio 1.44, cash €32,486Founded in 1993Equity €113,663 (78.4% of total assets)Size: total assets €145,024Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 62% of its sector peers (NACE 73, micro)
Financial strength · tick = 2024
Strong
Solvency 100+11
equity 78.4% of total assets
Liquidity 71+29
short-term debt 21.6% · cash 22.4%
Profitability 82+8
return on assets 11.0%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (11,206 companies, NACE 73, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: 0.1%▲ +0.1 percentage points vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026 09-2026: 0.5%▲ +0.1 percentage points vs 08-2026highest value 10-2026: < 0.1%▼ -0.5 percentage points vs 09-2026lowest value
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.44, compared with 1.09 in 2024, below the usual 1.5; short-term debt: 21.6% and cash: 22.4% of total assets), and 21.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 87% on solvency, 63% on liquidity, 57% on profitability and 40% on growth.

The bankruptcy probability was computed on 18-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 1.44, cash €32,486
NBB · annual accounts
lowers risk · Founded in 1993
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €113,663 (78.4% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €145,024
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 days early
2024
13 days early
2023
12 days early
2022
25 days late
2021
30 days late
2020
31 days late
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 17 days after the deadline; the sector median (NACE 73) for financial year 2024 is 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 20 July (4 of the last 5 filed years within 36 days of that day).
Companies Code · seven months
Where today falls in the filing period
19-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Appointment: Géry Duesberg (director)Legal-form conversion · Capital conversion…

Key points

  • Positive: 8 profitable years in a rowprofit 2025: €15,928 8 years View
  • Active since 1993founded 01-12-1993 32 years View
  • Total assets 20256 financial years filed €145,024 View

By topic

Financials

Financial year
2025
Total assets
€145,024
Profit
€15,928
Solvency
78.4%
Total assets▼ 19.4%
Net result
20182025
Go to Financials

Timeline

Events
37
Since
1995
Next accounts
by 31-07-2027
  1. 19-07-2024Annual accounts filed
  2. 31-12-2023Highest result from 2018 to 2025
  3. 25-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Market research and public opinion pollingNACE 73200
Founded
01-12-1993
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
30
Who signs
Each director alone
Purpose
“Bureau d’étude, d’organisation et de conseil en matière marketing et commercial; Commerce…” (deed in French)
Go to Articles of association

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