TOP SYSTEME INFORMATIQUE
ActiveSummary
TOP SYSTEME INFORMATIQUE has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-21k) and a net result of €-35k. Equity is shrinking by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 22% of 18280 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability65▲+30
Solvency24▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.07 against 0.07 in 2024; short-term debt: 27.7% and cash: 0.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-1.4%
Return on assets
-2.4%
Age of the figures
15 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-21k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-12-2025, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 d early
2024
2 d late
2023
20 d early
2022
5 d early
2021
3 d early
2020
3 d early
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€186k
EBIT margin
-15.7%
Net result
€-35k▲ 41.5%
2024 · €-60k
2019: €-20k
2020: €-46k
2021: €-75k
2022: €-30k
2023: €-21k
2024: €-60k
2019 → 2025
Working capital
€-386k▼ 8.2%
2024 · €-356k
2019: €326k
2020: €254k
2021: €306k
2022: €251k
2023: €176k
2024: €-356k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€592k-€562k▼ 5.0%€541k▼ 3.7%€14k▼ 97.4%€-21k
Operating result€-59k-€-15k▲ 74.4%€-7k▲ 51.9%€-26k▼ 257%€-18k▲ 31.4%
Net result€-75k-€-30k▲ 60.3%€-21k▲ 30.9%€-60k▼ 192%€-35k▲ 41.5%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €18k in 2025 against €26k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.49M
Fixed assets
€1.47M ▼ 7.1%
Current assets
€28k ▲ 7.1%
Key figures and ratios
EBITDA
€102k▲
2024 · €94k
Cash flow
€85k▲
2024 · €59k
Solvency
-1.4%▼
2024 · 0.9%
Current ratio
0.07▼
2024 · 0.07
Quick ratio
0.06▲
2024 · 0.06
Debt to equity
-70.52
ROA
-2.4%▲
2024 · -3.8%
Interest coverage
5.85▲
2024 · 2.47
Debt
€1.52M▼
2024 · €1.59M
Debt ≤ 1 year
€414k▲
2024 · €383k
Debt > 1 year
€1.10M▼
2024 · €1.21M
Income taxes
€267▲
2024 · €250
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.61M€1.49M▼
Formation expenses20€0€0=
Fixed assets21/28€1.58M€1.47M▼
Intangible fixed assets21€23k€11k▼
Tangible fixed assets22/27€1.56M€1.46M▼
Land and buildings22€1.55M€1.45M▼
Plant, machinery and equipment23€958€639▼
Furniture and vehicles24€0€0=
Financial fixed assets28€274€274=
Current assets29/58€26k€28k▲
Stocks and contracts in progress3€3k€2k▼
Stocks30/36€3k€2k▼
Amounts receivable within one year40/41€14k€20k▲
Trade receivables40€12k€18k▲
Other amounts receivable41€2k€2k▲
Current investments50/53€3k€3k▼
Cash at bank and in hand54/58€7k€4k▼
Equity and liabilities
Total equity and liabilities10/49€1.61M€1.49M▼
Equity10/15€14k€-21k▼
Contributions10/11€43k€43k=
Outside capital11€43k€43k=
Other1109/19€43k€43k=
Reserves13€61k€61k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€27k€27k=
Distributable reserves133€32k€32k=
Profit (loss) carried forward14€-90k€-125k▼
Amounts payable17/49€1.59M€1.52M▼
Amounts payable after more than one year17€1.21M€1.10M▼
Financial debts170/4€1.21M€1.10M▼
Amounts payable within one year42/48€383k€414k▲
Current portion of amounts payable after more than one year42€107k€107k=
Trade debts44€18k€15k▼
Suppliers440/4€18k€15k▼
Taxes, remuneration and social security45€0€530▲
Taxes450/3-€530
Other amounts payable47/48€258k€292k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€120k€120k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€2k€1k▼
Other operating charges640/8€10k€11k▲
Gross operating margin9900€106k€115k▲
Operating profit (loss)9901€-26k€-18k▲
Financial income75/76B€4k€240▼
Recurring financial income75€4k€240▼
Financial charges65/66B€38k€17k▼
Recurring financial charges65€38k€17k▼
Profit (loss) for the period before taxes9903€-60k€-35k▲
Income taxes67/77€250€267▲
Profit (loss) for the period9904€-60k€-35k▲
Profit (loss) for the period to be appropriated9905€-60k€-35k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-70k€-125k▼
Profit (loss) brought forward from the previous period14P€-9k€-90k▼
Profit to be distributed694/7€20k-
Return on contributions (dividend)694€20k-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
23-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
02-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 2 days late
2024
11-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Weakest financial yearnet €-75k
Net result drops to €-75k, the lowest in the series; recovery starts the following year.
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sprimont · 1 establishment unit since 1989
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de Remouchamps(LVG) 334141 SprimontGround area
3,663 m²
Building footprint
341 m²
Parcel 62067F1140/00E000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de Remouchamps(LVG) 33, 4141 Sprimont
since 19892.043.231.457
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62067F1140/00E000 | Wallonia | 3,663 m² | 1 · 341 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
8755006AVNJDH64LAJ02
Similar companies · same sector, comparable size
PAKKAN International
BE 0807.031.882
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Madame Panier
BE 0719.890.151
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Anné & Van Gaever
BE 0438.468.803
Dendermonde · Eq €14,047
CEMIKO
BE 0683.790.513
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RAZY
BE 0888.096.267
Anderlecht · Eq €14,115
Of 4,243 companies in sector 47789 we hold annual accounts for 1,019. 558 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-03-1989
Fiscal year end30-06
Abbreviation FR
TSI
Activities, NACEBEL 2025
47789Other retail sale of new goods
56111Full-service restaurants
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.