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TOP MOTORS WAREGEM

Active
Public limited companyfounded 1970active for 55 yearsVijfseweg 10, 8790 Waregem, BelgiumKBO/BCE: BE 0407.820.365
Summary

TOP MOTORS WAREGEM has been active since 1970 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.5m and a net result of €123,605. Equity has been stable since 2018 (±1.4% per year). Its solvency ranks better than 47% of 5,036 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 23-12-1970 Normal situation
Activity
Retail sale of cars and light vans (up to 3.5 tonnes) NACE 47811and 2 others
Joint committees
200 Aanvullend Paritair Comité voor de bedienden
112 Paritair Comité voor het garagebedrijf · annual accounts 2025
Establishment unit
2.005.467.872 8790 Waregem, since 01-02-1971
Financial year end
31 December
Peppol
Reachable since 20-11-2020

Board and ownership

Board
Auditor
Moore Audit
Shareholders
  • TOP MOTORS SERVICES2025 annual accounts of TOP MOTORS SERVICES
  • Top Motors Services NVannual accounts 2025

Financial position

89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Turnover
€36.2m
▼ 12.0%
Profit
€123,605
▼ 32.7%
Equity
€4.5m
▲ 1.2%
Total assets
€13.6m
▼ 3.8%
Employees on 31-12-2025
32
▲ 6.7%
Filed on 29-06-2026, 32 days before the deadline
Score breakdownraises riskSector: Retail trade (NACE 47)lowers riskFounded in 1970Liquidity: current ratio 1.59, cash €1.5mLegal form: public limited companyShow the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 33% of small companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 58+2
equity 33.1% of total assets
Liquidity 31+1
short-term debt 62.6% · cash 11.3%
Profitability 31=
return on assets 0.9%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.4% (3,696 companies, NACE 47, small)
Last 24 months 12-2024: 0.1% 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%● unchanged vs 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.2%● unchanged 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: 0.1%▼ -0.1 percentage points vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.2%▲ +0.1 percentage points vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.1%▼ -0.1 percentage points vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €400,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.59 (1.53 in 2024), above the usual 1.5. Short-term debt is 62.6% and cash 11.3% of total assets. However, 66.9% 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 47, small). It does better than 53% of them on solvency, 32% on liquidity, 17% on profitability and 29% on growth.

The bankruptcy probability was computed on 01-11-2026 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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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1970
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 · Sector: Retail trade (NACE 47)
KBO
lowers risk · Liquidity: current ratio 1.59, cash €1.5m
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
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
9 days early
2023
51 days early
2022
20 days early
2021
13 days early
2020
11 days early
2019
21 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 22 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 11 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 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: More equity than 90% of companies in retail tradesector median €446,140 · 5,037 companies €4.5m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €123,605 8 years View
  • Caution: Result fell in 2025from €183,577 to €123,605 ▼ 32.7% View

Comparable companies

These companies have the same main activity as TOP MOTORS WAREGEM: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €11m and €17m, founded between 1961 and 1978.

CompanyTotal assetsTurnover
TOP MOTORS WAREGEM Waregem€13.6m€36.2m
RAES BRUGGE Brugge€16.5m€41.0m
Morren Motor Sint-Truiden€14.0m€33.6m
Van Mossel PAG Antwerpen€10.9m€40.1m
Garage Geeraerts Lennik€17.1m€37.6m
A&M Tongeren Tongeren-Borgloon€15.7m€42.7m
A&M Tienen Tienen€11.2m€29.9m
Full comparison

Key facts about TOP MOTORS WAREGEM

What is the company number of TOP MOTORS WAREGEM?
The company number of TOP MOTORS WAREGEM is 0407.820.365. The VAT number is the same number with BE in front: BE 0407.820.365.
Where is TOP MOTORS WAREGEM based?
The registered office is at Vijfseweg 10, 8790 Waregem.Company details
What does TOP MOTORS WAREGEM do?
According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
What is the legal form of TOP MOTORS WAREGEM?
The legal form of TOP MOTORS WAREGEM is Public limited company (NV).
When was TOP MOTORS WAREGEM founded?
TOP MOTORS WAREGEM was founded on 23-12-1970.
Is TOP MOTORS WAREGEM still active?
Yes, TOP MOTORS WAREGEM is an active enterprise in the KBO register.
How many employees does TOP MOTORS WAREGEM have?
TOP MOTORS WAREGEM had an average of 29.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does TOP MOTORS WAREGEM fall under?
In its 2025 annual accounts, TOP MOTORS WAREGEM states joint committees 200 (Aanvullend Paritair Comité voor de bedienden) and 112 (Paritair Comité voor het garagebedrijf).
What is the turnover of TOP MOTORS WAREGEM?
The turnover of TOP MOTORS WAREGEM was €36.2m in financial year 2025, according to the filed annual accounts.
Is TOP MOTORS WAREGEM profitable?
In financial year 2025, TOP MOTORS WAREGEM made a profit of €123,605.
Where can I find the annual accounts of TOP MOTORS WAREGEM?
TOP MOTORS WAREGEM filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TOP MOTORS WAREGEM due?
TOP MOTORS WAREGEM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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