TOP POINT
ActiveFrom the official registers: KBO 29 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of TOP POINT is 2.3% (moderate). The 2024 annual accounts show equity of €36,966 and a net result of €5,563. Equity has been shrinking by about 17% per year since 2018. Its solvency ranks better than 80% of 15,439 sector peers (NACE 46, financial year 2024). The company has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 1 November 2026.
Annual accounts 2024
- Financial year ended
- 31-12-2024
- Filed on
- 17-07-2025
- Format
- micro format
- Reference
- 2025-00297717
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result for 2024 is over 4.3 times that of 2023 and the highest since 2020. It is the third rise in a row, after the fall in 2021.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Companies with the same profile, two years later
Historical observationIn July 2024, 31,368 companies had the same profile as TOP POINT has now. Two years later, 0.5% had gone bankrupt and 93.5% were still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of TOP POINT itself is higher: 2.3% within 12 months. It rests on far more data about TOP POINT than the profile alone.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for TOP POINT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | €276,865 | €184,958 | €183,941 | €256,553 | €287,612 | €293,901 | ▲ 2.2% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €213,501 | €272,685 | €289,458 | €292,354 | ▲ 1.0% |
| Remuneration, social security and pensions62 | - | - | - | €1,378 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €499 | €1,128 | - | €425 | €750 | €750 | €325 | ▼ 56.7% |
| Other operating charges640/8 | - | - | - | €983 | €702 | €548 | €906 | ▲ 65.2% |
| Non-recurring operating charges66A | - | - | - | - | - | €14 | - | - |
| Gross operating margin9900 | €2,349 | €40 | -€6,450 | -€23,590 | -€10,162 | €2,921 | €8,222 | ▲ 181% |
| Operating profit (loss)9901 | -€386 | -€2,196 | -€9,801 | -€26,377 | -€11,613 | €1,609 | €6,992 | ▲ 335% |
| Financial income75/76B | - | - | - | €4,577 | €3,385 | - | €824 | - |
| Recurring financial income75 | €3,308 | €2,135 | €2,677 | €4,577 | €3,385 | - | €824 | - |
| Financial charges65/66B | - | - | - | €894 | €880 | €904 | €788 | ▼ 12.8% |
| Recurring financial charges65 | €656 | €787 | €563 | €894 | €880 | €904 | €788 | ▼ 12.8% |
| Profit (loss) for the period before taxes9903 | €2,266 | -€849 | -€7,686 | -€22,694 | -€9,109 | €705 | €7,027 | ▲ 897% |
| Income taxes67/77 | €759 | €357 | - | - | - | €258 | €1,464 | ▲ 467% |
| Profit (loss) for the period9904 | €1,507 | -€1,206 | -€7,686 | -€22,694 | -€9,109 | €447 | €5,563 | ▲ 12× |
| Profit (loss) for the period to be appropriated9905 | €1,507 | -€1,206 | -€7,686 | -€22,694 | -€9,109 | €447 | €5,563 | ▲ 12× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €74,940 | €73,947 | €69,243 | €43,879 | €40,786 | €47,664 | €48,336 | ▲ 1.4% |
| Fixed assets21/28 | €1,100 | €99 | €99 | €1,923 | €1,173 | €424 | €99 | ▼ 76.7% |
| Tangible fixed assets22/27 | €1,001 | - | - | €1,825 | €1,075 | €325 | - | - |
| Plant, machinery and equipment23 | - | - | - | €1,825 | €1,075 | €325 | - | - |
| Financial fixed assets28 | €99 | €99 | €99 | €99 | €99 | €99 | €99 | = |
| Current assets29/58 | €73,840 | €73,848 | €69,144 | €41,956 | €39,613 | €47,241 | €48,237 | ▲ 2.1% |
| Stocks and contracts in progress3 | €22,054 | €20,249 | €19,787 | €28,342 | €32,336 | €29,086 | €30,610 | ▲ 5.2% |
| Stocks30/36 | - | - | - | €28,342 | €32,336 | €29,086 | €30,610 | ▲ 5.2% |
| Amounts receivable within one year40/41 | €29,903 | €27,023 | €35,542 | €11,639 | €5,285 | €10,499 | €16,699 | ▲ 59.1% |
| Other amounts receivable41 | - | - | - | €11,639 | €5,285 | €10,499 | €16,699 | ▲ 59.1% |
| Current investments50/53 | - | - | - | - | - | - | €14 | - |
| Cash at bank and in hand54/58 | €21,883 | €26,576 | €13,606 | €1,975 | €923 | €7,463 | €719 | ▼ 90.4% |
| Deferred charges and accrued income490/1 | - | - | - | - | €1,069 | €193 | €196 | ▲ 1.6% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €74,940 | €73,947 | €69,243 | €43,879 | €40,786 | €47,664 | €48,336 | ▲ 1.4% |
| Equity10/15 | €70,650 | €69,445 | €62,758 | €40,064 | €30,956 | €31,402 | €36,966 | ▲ 17.7% |
| Contributions10/11 | €6,197 | €6,198 | €7,197 | €7,197 | €7,197 | €7,197 | €7,197 | = |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | - | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | €62,594 | €61,388 | €53,702 | €31,008 | €21,899 | €22,346 | €27,909 | ▲ 24.9% |
| Amounts payable17/49 | €4,290 | €4,502 | €6,484 | €3,815 | €9,831 | €16,262 | €11,370 | ▼ 30.1% |
| Amounts payable after more than one year17 | - | - | - | - | €5,000 | €5,000 | - | - |
| Other amounts payable178/9 | - | - | - | - | €5,000 | €5,000 | - | - |
| Amounts payable within one year42/48 | €4,290 | €4,502 | €6,484 | €3,815 | €4,831 | €11,262 | €11,370 | ▲ 1.0% |
| Financial debts43 | - | - | - | - | - | €4,800 | €4,406 | ▼ 8.2% |
| Credit institutions430/8 | - | - | - | - | - | €4,800 | €4,406 | ▼ 8.2% |
| Trade debts44 | €1,966 | €2,219 | €473 | €1,159 | €1,489 | €611 | €812 | ▲ 32.9% |
| Suppliers440/4 | - | - | - | €1,159 | €1,489 | €611 | €812 | ▲ 32.9% |
| Taxes, remuneration and social security45 | - | - | - | €2,656 | €3,342 | €5,851 | €6,152 | ▲ 5.1% |
| Taxes450/3 | - | - | - | €1,668 | €3,254 | €5,851 | €5,852 | = |
| Remuneration and social security454/9 | - | - | - | €988 | €87 | - | €300 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,507 | -€1,206 | -€7,686 | -€22,694 | -€9,109 | €447 | €5,563 | ▲ 12× |
| + Depreciation and write-downs630 | €499 | €1,128 | - | €425 | €750 | €750 | €325 | ▼ 56.7% |
| Operating cash flow (approximation) | €2,006 | -€78 | -€7,686 | -€22,269 | -€8,359 | €1,197 | €5,888 | ▲ 392% |
| Investment in fixed assets (approximation) | - | -€127 | €0 | -€2,250 | €0 | €0 | €0 | - |
| Change in cash | - | €4,693 | -€12,970 | -€11,631 | -€1,051 | €6,540 | -€6,745 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 29 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 17-07-2025 | 2025-00297717 | |
| 31-12-2023 | micro format | 29-07-2024 | 2024-00304713 | |
| 31-12-2022 | micro format | 25-07-2023 | 2023-00300187 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20424705 | |
| 31-12-2020 | micro format | 22-06-2021 | 2021-23000400 | |
| 31-12-2019 | micro format | 25-08-2020 | 2020-44400348 | |
| 31-12-2018 | full format | 27-06-2019 | 2019-24300186 | |
| 31-12-2017 | full format | 17-07-2018 | 2018-34200065 | |
| 31-12-2016 | full format | 27-06-2017 | 2017-22500308 | |
| 31-12-2015 | full format | 05-07-2016 | 2016-28100067 |
Comparable companies
These companies have the same main activity as TOP POINT: non-specialised wholesale (NACE 46392). They are comparable in size and age: total assets between €41,700 and €92,400, founded between 1994 and 2003.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | Financial year |
|---|---|---|---|---|---|---|---|
| TOP POINT Elsene | 1995 | €48,336 | €36,966 | €8,222 | €293,901 | €5,563 | 2024 |
| KAUL Elsene | 2003 | €55,292 | €33,689 | €6,927 | - | €315 | 2025 |
| ECONOMATO GONZALEZ Anderlecht | 1996 | €41,676 | -€5,513 | €5,222 | - | -€4,720 | 2025 |
| FLEUR DE PUNJAB Sint-Joost-ten-Node | 1996 | €80,392 | €78,499 | €8,263 | - | €6,487 | 2025 |
| TOP MARKET Tubize | 1994 | €45,706 | €42,126 | €15,061 | €342,158 | €8,083 | 2024 |
| MOUSSE Elsene | 2002 | €92,445 | €25,184 | €9,642 | - | -€335 | 2024 |
| EURO GALAXY Schaarbeek | 1998 | €54,933 | €40,783 | €16,399 | - | €7,823 | 2025 |
They were chosen from the 481 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.