TOP'NET
BankruptcySummary
The KBO register records for TOP'NET the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show equity of €107,315 and a net result of -€12,846.
Are you a creditor?
Open bankruptcy
Source: KBO register
The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.
The procedure
The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
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General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€12,846
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
91 d late
2022
92 d late
2021
31 d late
2020
11 d late
2019
40 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 54 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?List enrichment
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€12,846▲ 63.4%
2023 · -€35,085
Working capital
€2,930▼ 79.4%
2023 · €14,215
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€28,420€28,932▲ 1.8%-€35,507-€22,323▲ 37.1%-€1,581▲ 92.9%
Net result€13,779€16,623▲ 20.6%-€51,002-€35,085▲ 31.2%-€12,846▲ 63.4%
Equity€189,624▲ 7.8%€206,247▲ 8.8%€155,246▼ 24.7%€120,161▼ 22.6%€107,315▼ 10.7%
Total assets€442,373▼ 0.6%€415,921▼ 6.0%€327,094▼ 21.4%€340,758▲ 4.2%€363,546▲ 6.7%
Debt€252,749▼ 6.1%€209,674▼ 17.0%€171,849▼ 18.0%€220,597▲ 28.4%€256,231▲ 16.2%
Working capital€89,120▼ 2.4%€95,373▲ 7.0%€51,035▼ 46.5%€14,215▼ 72.1%€2,930▼ 79.4%
Staff (FTE)41.7▼ 1.0%41.8▲ 0.2%42▲ 0.5%41.8▼ 0.5%51▲ 22.0%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1,581 in 2024 against €22,323 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €363,546
Fixed assets
€110,258 ▼ 10.4%
Current assets
€253,288 ▲ 16.4%
Equity and liabilities €363,546
Equity
€107,315 ▼ 10.7%
Debt
€256,231 ▲ 16.2%
Debt's share of the balance-sheet total rises from 64.7% to 70.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€8,851▲
2023 · -€10,220
Cash flow
-€2,414▲
2023 · -€22,982
Current ratio
1.01▼
2023 · 1.07
Debt to equity
2.39▲
2023 · 1.84
ROE
-12.0%▲
2023 · -29.2%
ROA
-3.5%▲
2023 · -10.3%
Interest coverage
1.16▲
2023 · -2.00
Debt ≤ 1 year
€250,357▲
2023 · €203,435
Debt > 1 year
€5,874▼
2023 · €17,163
Income taxes
€4,985▼
2023 · €7,657
Staff costs
€763,149▼
2023 · €795,637
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €18,798 | €363 | - | - | - |
| Remuneration, social security and pensions62 | - | €857,435 | €864,361 | €795,637 | €763,149 | ▼ 4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,595 | €21,863 | €21,290 | €12,102 | €10,433 | ▼ 13.8% |
| Other operating charges640/8 | - | - | €2,166 | €1,925 | €2,122 | ▲ 10.2% |
| Non-recurring operating charges66A | - | - | €71 | - | €186 | - |
| Gross operating margin9900 | €841,915 | €908,229 | €852,382 | €787,341 | €774,309 | ▼ 1.7% |
| Operating profit (loss)9901 | €28,420 | €28,932 | -€35,507 | -€22,323 | -€1,581 | ▲ 92.9% |
| Financial income75/76B | - | €2 | - | €1 | €1,347 | ▲ 228,132% |
| Recurring financial income75 | €245 | €2 | - | €1 | €1 | ▲ 32.2% |
| Non-recurring financial income76B | - | - | - | - | €1,346 | - |
| Financial charges65/66B | - | €4,737 | €4,256 | €5,105 | €7,627 | ▲ 49.4% |
| Recurring financial charges65 | €5,340 | €4,737 | €4,256 | €5,105 | €7,627 | ▲ 49.4% |
| Profit (loss) for the period before taxes9903 | €23,325 | €24,197 | -€39,762 | -€27,427 | -€7,862 | ▲ 71.3% |
| Income taxes67/77 | €9,547 | €7,574 | €11,239 | €7,657 | €4,985 | ▼ 34.9% |
| Profit (loss) for the period9904 | €13,779 | €16,623 | -€51,002 | -€35,085 | -€12,846 | ▲ 63.4% |
| Transfer from tax-exempt reserves789 | - | - | €51,002 | €35,085 | €12,846 | ▼ 63.4% |
| Profit (loss) for the period to be appropriated9905 | €13,779 | €16,623 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €442,373 | €415,921 | €327,094 | €340,758 | €363,546 | ▲ 6.7% |
| Fixed assets21/28 | €161,418 | €152,219 | €132,077 | €123,109 | €110,258 | ▼ 10.4% |
| Tangible fixed assets22/27 | €156,340 | €147,141 | €126,999 | €118,031 | €105,180 | ▼ 10.9% |
| Land and buildings22 | - | €90,169 | €85,426 | €80,683 | €75,940 | ▼ 5.9% |
| Plant, machinery and equipment23 | - | €34,032 | €31,985 | €29,129 | €26,274 | ▼ 9.8% |
| Furniture and vehicles24 | - | €22,939 | €9,588 | €8,218 | €2,966 | ▼ 63.9% |
| Financial fixed assets28 | €5,078 | €5,078 | €5,078 | €5,078 | €5,078 | = |
| Current assets29/58 | €280,955 | €263,702 | €195,017 | €217,650 | €253,288 | ▲ 16.4% |
| Amounts receivable within one year40/41 | €267,176 | €236,800 | €182,818 | €205,980 | €238,095 | ▲ 15.6% |
| Trade receivables40 | - | - | €14 | - | - | - |
| Other amounts receivable41 | - | €236,800 | €182,803 | €205,980 | €238,095 | ▲ 15.6% |
| Current investments50/53 | - | - | €192 | €169 | €169 | ▲ 0.3% |
| Cash at bank and in hand54/58 | €3,083 | €16,225 | €9,131 | €9,518 | €12,924 | ▲ 35.8% |
| Deferred charges and accrued income490/1 | - | €10,677 | €2,876 | €1,982 | €2,100 | ▲ 5.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €442,373 | €415,921 | €327,094 | €340,758 | €363,546 | ▲ 6.7% |
| Equity10/15 | €189,624 | €206,247 | €155,246 | €120,161 | €107,315 | ▼ 10.7% |
| Contributions10/11 | €18,650 | €18,650 | €18,650 | €18,650 | €18,650 | = |
| Capital10 | - | €18,650 | - | - | - | - |
| Issued capital100 | - | €18,650 | - | - | - | - |
| Reserves13 | €190,450 | €190,450 | €139,448 | €104,363 | €91,517 | ▼ 12.3% |
| Non-distributable reserves130/1 | - | €1,820 | €1,820 | €1,820 | €1,820 | = |
| Legal reserve130 | - | €1,820 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €1,820 | €1,820 | €1,820 | = |
| Tax-exempt reserves132 | - | €183,229 | €132,227 | €101,229 | €88,382 | ▼ 12.7% |
| Distributable reserves133 | - | €5,401 | €5,401 | €1,315 | €1,315 | = |
| Profit (loss) carried forward14 | -€19,475 | -€2,852 | -€2,852 | -€2,852 | -€2,852 | = |
| Amounts payable17/49 | €252,749 | €209,674 | €171,849 | €220,597 | €256,231 | ▲ 16.2% |
| Amounts payable after more than one year17 | €60,914 | €41,345 | €27,867 | €17,163 | €5,874 | ▼ 65.8% |
| Financial debts170/4 | - | €41,345 | €27,867 | €17,163 | €5,874 | ▼ 65.8% |
| Amounts payable within one year42/48 | €191,835 | €168,329 | €143,982 | €203,435 | €250,357 | ▲ 23.1% |
| Current portion of amounts payable after more than one year42 | - | €41,312 | €35,157 | €32,298 | €32,877 | ▲ 1.8% |
| Financial debts43 | - | - | - | €16,483 | €29,522 | ▲ 79.1% |
| Credit institutions430/8 | - | - | - | €16,483 | €29,522 | ▲ 79.1% |
| Trade debts44 | €46,008 | €27,056 | €11,564 | €45,048 | €89,887 | ▲ 99.5% |
| Suppliers440/4 | - | €27,056 | €11,564 | €45,048 | €89,887 | ▲ 99.5% |
| Taxes, remuneration and social security45 | - | €99,961 | €96,761 | €94,401 | €76,434 | ▼ 19.0% |
| Remuneration and social security454/9 | - | €99,961 | €96,761 | €94,401 | €76,434 | ▼ 19.0% |
| Other amounts payable47/48 | - | - | €500 | €15,205 | €21,637 | ▲ 42.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,779 | €16,623 | -€51,002 | -€35,085 | -€12,846 | ▲ 63.4% |
| + Depreciation and write-downs630 | €18,595 | €21,863 | €21,290 | €12,102 | €10,433 | ▼ 13.8% |
| Operating cash flow (approximation) | €32,374 | €38,486 | -€29,711 | -€22,982 | -€2,414 | ▲ 89.5% |
| Investment in fixed assets (approximation) | - | -€12,663 | -€1,148 | -€3,135 | €2,418 | ▲ 177% |
| Change in cash | - | €13,142 | -€7,094 | €387 | €3,405 | ▲ 779% |
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
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 91 days late
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 92 days late
2022
31-12
Financial
Weakest financial yearnet -€51,002
Net result drops to -€51,002, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Equity above €200,000Eq €206,247 ▲8.8%
2 profitable years in a row build equity to €206,247.
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 11 days late
2020
31-12
Financial
Back to profitnet €13,779
Net result €13,779 after one loss-making year.
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 40 days late
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 14 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 11 days late
2016
22-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Beloeil · 2 establishment units since 2007
Ground area
773 m²
Building footprint
163 m²
2 parcels, Wallonia. Linked by address, not a title deed.
2 establishment units
TOP'NET
since 20072.165.965.656
TOP'NET
since 20082.188.744.226
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51050A1208/00W002 | Wallonia | 522 m² | 1 · 107 m² | - |
| 53075E0437/00H000 | Wallonia | 251 m² | 1 · 56 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formCooperative company
Founded19-09-2007
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.