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TOP SYSTEM

Active
Public limited companyfounded 1987active for 39 yearsLambermontlaan 112, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0431.215.973
Summary

TOP SYSTEM has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €138,243 and a net result of €23,352. Equity remains stable across the filed financial years (±0.7% per year). Its solvency ranks better than 64% of 1,130 sector peers (NACE 77, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
TOP SYSTEMActiveChecked score 92/100
Risk analysis ReportCompare

Overview

Activity
Rental and leasing activities
NACE 77330Computer consultancy and computer facilities management NACE 62200
7th oldest company in Schaarbeek, Administrative and support services sector1 site
Size
€274,194total assets 2025
Staff
1 FTE
Equity
€138,243
Profit
€23,352
Turnover not published (abbreviated or micro format)
Financial health
92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Holdings
1
  • Philippe VANHAMChair
  • Camille VANHAMDirector
  • Alexandre VANHAMDirector
2025 accounts 28 days early1 of 5 deeds summarised
Why 92raises riskProfit of €23,352 (financial year 2025)lowers riskFounded in 1987Figures for financial year 2025 (filed 03-07-2026)Legal form: public limited companyShow the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 54% of its sector peers (NACE 77, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 75+1
equity 50.4% of total assets
Liquidity 41-8
short-term debt 41.1% · cash 8.3%
Profitability 79-9
return on assets 8.5%
Bankruptcy probability, 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 0.5% (3,163 companies, NACE 77, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026highest value 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value
Credit of up to €12,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.62, compared with 1.57 in 2024, above the usual 1.5; short-term debt: 41.1% and cash: 8.3% of total assets), and 49.6% 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 77, micro): better than 65% on solvency, 40% on liquidity, 72% on profitability and 38% on growth.

The bankruptcy probability was computed on 24-10-2026 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 riskraises riskneutral
lowers risk · Founded in 1987
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Profit of €23,352 (financial year 2025)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 03-07-2026)
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 days early
2024
56 days early
2023
56 days early
2022
3 days late
2021
48 days early
2020
31 days early
2019
59 days early
← 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 39 days before the deadline; the sector median (NACE 77) for financial year 2024 is 3 days before the deadline, and 39% 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 13 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 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 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Positive: 7th oldest company in Schaarbeek, Administrative and support services sectorin the Checked rankings No. 7 View
  • Positive: 6 profitable years in a rowprofit 2025: €23,352 6 years View
  • Active since 1987founded 25-05-1987 39 years View

By topic

Financials

Financial year
2025
Total assets
€274,194
Profit
€23,352
Solvency
50.4%
Total assets▼ 3.7%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
  • Philippe VANHAMChair
  • Camille VANHAMDirector
  • Alexandre VANHAMDirector
Go to Board & ownership

Timeline

Events
43
Since
1988
Next accounts
by 31-07-2027
  1. 11-01-2024Reappointments: Philippe VANHAM (director) and Alexandre VANHAM…
  2. 31-12-2023Highest result from 2018 to 2025
  3. 03-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Rental and leasing activitiesNACE 77330
Founded
25-05-1987
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
36
Annual meeting
Last Friday of May
Purpose
“L'informatique,la bureautique,la vente et la location de tout matériel de bureau et la…” (deed in French)
Go to Articles of association

Key facts about TOP SYSTEM

What is the company number of TOP SYSTEM?
0431.215.973. In Belgium the VAT number is the company number with BE in front: BE 0431.215.973.
Where is TOP SYSTEM based?
The registered office is at Lambermontlaan 112, 1030 Schaarbeek.Company details
What does TOP SYSTEM do?
According to the KBO register, the main activity is rental and leasing activities (NACE 77330).
What is the legal form of TOP SYSTEM?
Public limited company (NV).
When was TOP SYSTEM founded?
On 25-05-1987.
Is TOP SYSTEM still active?
Yes, TOP SYSTEM is an active enterprise in the KBO register.
How many employees does TOP SYSTEM have?
On average 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of TOP SYSTEM?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is TOP SYSTEM profitable?
In financial year 2025, TOP SYSTEM made a profit of €23,352.
Where can I find the annual accounts of TOP SYSTEM?
TOP SYSTEM filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TOP SYSTEM due?
By 31-07-2027, for financial year 2026.Timeline

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