Skip to content

TOP SHOP

Active
Private limited company (pre-2019)founded 201016 yrs activeOude Geraardsbergsebaan 49, 1701 Dilbeek, BelgiumKBO/BCE: BE 0823.375.293
Summary

TOP SHOP has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €119,290 and a net result of -€974. Equity remains stable across the filed fiscal years (±1.2% per year). The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability36▲+2
Solvency80=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 2.2 against 2.23 in 2024; short-term debt: 45.5% and cash: 0% of total assets), and 45.5% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 16 years 0 20 y
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 23-04-2026, 99 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
99 d early
2024
26 d late
2023
26 d late
2022
25 d late
2021
125 d early
2020
22 d early
2019
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 29 days before 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 25 August (4 of the last 5 filed years within 124 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 24 February 2010, TOP SHOP was incorporated.1 Total assets went from EUR 127,385 in 2018 to EUR 218,727 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity
€119,290▼ 0.8%
2024 · €120,265
Total assets
€218,727▲ 0.3%
2024 · €218,124
Net result
-€974▲ 70.5%
2024 · -€3,305
Working capital
€119,290▼ 0.8%
2024 · €120,265
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
Line20212022202320242025
Operating result-€1,405▼ 38.4%-€632▲ 55.0%-€240▲ 62.0%-€3,236▼ 1,248%-€908▲ 71.9%
Net result-€2,375▲ 10.3%-€806▲ 66.1%-€340▲ 57.8%-€3,305▼ 872%-€974▲ 70.5%
Equity€124,715▼ 1.9%€123,910▼ 0.6%€123,570▼ 0.3%€120,265▼ 2.7%€119,290▼ 0.8%
Total assets€218,093▼ 0.5%€218,122=€218,072=€218,124=€218,727▲ 0.3%
Debt€93,377▲ 1.4%€94,212▲ 0.9%€94,503▲ 0.3%€97,859▲ 3.6%€99,436▲ 1.6%
Working capital€124,715▲ 0.6%€123,910▼ 0.6%€123,570▼ 0.3%€120,265▼ 2.7%€119,290▼ 0.8%
Staff (FTE)
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€4,000-€3,000-€2,000-€1,000€0Operating result 2021: -€1,405-€1,405Net result 2021: -€2,375-€2,375Operating result 2022: -€632-€632Net result 2022: -€806-€806Operating result 2023: -€240-€240Net result 2023: -€340-€340Operating result 2024: -€3,236-€3,236Net result 2024: -€3,305-€3,305Operating result 2025: -€908-€908Net result 2025: -€974-€97420212022202320242025-€4,000-€3,000-€2,000-€1,000€0Operating result 2023: -€240-€240Net result 2023: -€340-€340Operating result 2024: -€3,236-€3,240Net result 2024: -€3,305-€3,300Operating result 2025: -€908-€908Net result 2025: -€974-€974202320242025
The operating result stays negative: a loss of €908 in 2025 against €3,236 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €218,727
Equity €119,290 ▼ 0.8%
Debt €99,436 ▲ 1.6%
Debt's share of the balance-sheet total rises from 44.9% to 45.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
2.20▼
2024 · 2.23
Debt to equity
0.83▲
2024 · 0.81
ROE
-0.8%▲
2024 · -2.7%
ROA
-0.4%▲
2024 · -1.5%
Debt ≤ 1 year
€99,436▲
2024 · €97,859
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,910 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss
1.1% went bankrupt
7.8% stopped otherwise
91% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,910 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 29 lines
Balance sheet Code20242025
Assets
Total assets20/58€218,124€218,727▲
Current assets29/58€218,124€218,727▲
Amounts receivable within one year40/41€218,064€218,701▲
Other amounts receivable41€218,064€218,701▲
Cash at bank and in hand54/58€59€25▼
Equity and liabilities
Total equity and liabilities10/49€218,124€218,727▲
Equity10/15€120,265€119,290▼
Contributions10/11€18,600€18,600=
Reserves13€111,139€111,139=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€109,279€109,279=
Profit (loss) carried forward14-€9,474-€10,449▼
Amounts payable17/49€97,859€99,436▲
Amounts payable within one year42/48€97,859€99,436▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€7,236€4,533▼
Suppliers440/4€7,236€4,533▼
Other amounts payable47/48€90,623€94,903▲
Income statement Code20242025
Gross operating margin9900-€3,236-€908▲
Operating profit (loss)9901-€3,236-€908▲
Financial charges65/66B€69€66▼
Recurring financial charges65€69€66▼
Profit (loss) for the period before taxes9903-€3,305-€974▲
Profit (loss) for the period9904-€3,305-€974▲
Profit (loss) for the period to be appropriated9905-€3,305-€974▲
Appropriation of the result
Profit (loss) to be appropriated9906-€9,474-€10,449▼
Profit (loss) brought forward from the previous period14P-€6,169-€9,474▼

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Gross operating margin9900-€1,260-€632-€240-€3,236-€908▲ 71.9%
Operating profit (loss)9901-€1,405-€632-€240-€3,236-€908▲ 71.9%
Financial charges65/66B-€174€100€69€66▼ 4.3%
Recurring financial charges65€970€174€100€69€66▼ 4.3%
Profit (loss) for the period before taxes9903-€2,375-€806-€340-€3,305-€974▲ 70.5%
Profit (loss) for the period9904-€2,375-€806-€340-€3,305-€974▲ 70.5%
Profit (loss) for the period to be appropriated9905-€2,375-€806-€340-€3,305-€974▲ 70.5%
Line20212022202320242025Change
Assets
Total assets20/58€218,093€218,122€218,072€218,124€218,727▲ 0.3%
Current assets29/58€218,093€218,122€218,072€218,124€218,727▲ 0.3%
Amounts receivable within one year40/41€217,965€218,063€218,014€218,064€218,701▲ 0.3%
Other amounts receivable41-€218,063€218,014€218,064€218,701▲ 0.3%
Cash at bank and in hand54/58€127€58€58€59€25▼ 57.4%
Equity and liabilities
Total equity and liabilities10/49€218,093€218,122€218,072€218,124€218,727▲ 0.3%
Equity10/15€124,715€123,910€123,570€120,265€119,290▼ 0.8%
Contributions10/11-€18,600€18,600€18,600€18,600=
Reserves13€111,139€111,139€111,139€111,139€111,139=
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311-€1,860€1,860€1,860€1,860=
Distributable reserves133-€109,279€109,279€109,279€109,279=
Profit (loss) carried forward14-€5,024-€5,829-€6,169-€9,474-€10,449▼ 10.3%
Amounts payable17/49€93,377€94,212€94,503€97,859€99,436▲ 1.6%
Amounts payable within one year42/48€93,377€94,212€94,503€97,859€99,436▲ 1.6%
Financial debts43-€8€8€0--
Credit institutions430/8-€8€8€0--
Trade debts44€5,010€5,058€5,348€7,236€4,533▼ 37.3%
Suppliers440/4-€5,058€5,348€7,236€4,533▼ 37.3%
Other amounts payable47/48-€89,147€89,147€90,623€94,903▲ 4.7%
Line20212022202320242025Change
Profit (loss) for the period9904-€2,375-€806-€340-€3,305-€974▲ 70.5%
Operating cash flow (approximation)-€2,375-€806-€340-€3,305-€974▲ 70.5%
Change in cash--€69€0€1-€34▼ 3,513%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
23-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
26-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
26-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
25-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
28-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
09-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €43,452
Net result €43,452 after one loss-making year.
31-12
Financial Equity above €100,000Eq €129,739 ▲50.4%
Equity rises from €86,287 to €129,739.
18-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
13-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
21-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 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, Dilbeek · 1 establishment unit since 2010
seat establishment The establishment unit on the map
Ground area
684 m²
Building footprint
132 m²
Volume, LiDAR
679 m³
Parcel 23037A0139/00C000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Top Shop
Oude Geraardsbergsebaan 49, 1701 DilbeekOther business support services
since 20102.185.403.961
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23037A0139/00C000 Flanders 684 m² 1 · 132 m² 8.0 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded24-02-2010
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0823375293
Also 9925:BE0823375293
Registered 07-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.