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TOP SYSTEMS

Active
Private limited company (pre-2019)founded 2002active for 24 yearsRue du Baty(WB) 23B, 6224 Fleurus, BelgiumKBO/BCE: BE 0476.791.127
Summary

TOP SYSTEMS has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45,210 and a net result of €992. Equity has been growing by about 4.4% per year since 2018. Its solvency ranks better than 68% of 2,332 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Official details

Source: KBO
Status
Active since 29-01-2002 Normal situation
Activity
Manufacture of fabricated metal products, except machinery and equipment NACE 25910and 2 others
Establishment unit
2.098.866.895 5170 Profondeville, since 01-03-2002
Financial year end
31 December
Peppol
Reachable since 19-12-2025

Board and ownership

Board
  • DANNEAU jEAN-PhilippeDirector

Financial position

69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts 2025
Gross margin
€21,145
▲ 2.9%
Turnover
≈ €140,000
estimated
Profit
€992
Equity
€45,210
▲ 10.9%
Total assets
€72,453
▲ 10.6%
Staff
≈ 0.5 FTE
estimated
Score breakdownraises risk1 of the last 3 accounts lateSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)Size: total assets €72,453lowers riskFounded in 2002Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 47% of micro companies in fabricated metal products (NACE 25)
Financial strength · tick: 2024
Strong
Solvency 87=
equity 62.4% of total assets
Liquidity 36-7
short-term debt 37.6% · cash 2.7%
Profitability 70+57
return on assets 1.4%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,707 companies, NACE 25, micro)
Last 24 months 12-2024: 0.7% 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025lowest value 07-2025: 0.8%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.7%▼ -0.1 percentage points vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 0.7%● unchanged vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026 11-2026: 0.7%● unchanged vs 10-2026
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.22 (2.42 in 2024), above the usual 1.5. Short-term debt is 37.6% and cash 2.7% of total assets. 37.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 25, micro). It does better than 67% of them on solvency, 23% on liquidity, 39% on profitability and 60% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 2002
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
raises risk · Size: total assets €72,453
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 days early
2024
20 days early
2023
48 days late
2022
6 days early
2021
30 days late
2020
89 days late
2019
89 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 32 days after the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% 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 27 July (4 of the last 5 accounts filed within 34 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

  1. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as TOP SYSTEMS: manufacture of fabricated metal products, except machinery and equipment (NACE 25910). They are comparable in size and age: total assets between €164,000 and €627,000, founded between 2004 and 2019.

CompanyTotal assetsGross margin
TOP SYSTEMS Fleurus€72,453€21,145
B&W Genk€163,876€5,689
F.L.MAINTENANCE Beaumont€627,266€164,414
REKEG Solutions Middelkerke€295,402€5,620
Full comparison

Key facts about TOP SYSTEMS

What is the company number of TOP SYSTEMS?
The company number of TOP SYSTEMS is 0476.791.127. The VAT number is the same number with BE in front: BE 0476.791.127.
Where is TOP SYSTEMS based?
The registered office is at Rue du Baty(WB) 23B, 6224 Fleurus.Company details
What does TOP SYSTEMS do?
According to the KBO register, the main activity is manufacture of fabricated metal products, except machinery and equipment (NACE 25910).
What is the legal form of TOP SYSTEMS?
The legal form of TOP SYSTEMS is Private limited company (pre-2019) (BVBA).
When was TOP SYSTEMS founded?
TOP SYSTEMS was founded on 29-01-2002.
Is TOP SYSTEMS still active?
Yes, TOP SYSTEMS is an active enterprise in the KBO register.
How many employees does TOP SYSTEMS have?
TOP SYSTEMS had an average of 1.8 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of TOP SYSTEMS?
The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €21,145 and 35 comparable companies (NACE 25). It probably lies between €60,000 and €280,000. It is a rough estimate. In financial year 2019 turnover was €74,235.
Is TOP SYSTEMS profitable?
In financial year 2025, TOP SYSTEMS made a profit of €992.
Where can I find the annual accounts of TOP SYSTEMS?
TOP SYSTEMS filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TOP SYSTEMS due?
TOP SYSTEMS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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