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TOPACE EUROPE

Active
Private limited company (pre-2019)founded 1996active for 30 yearsGeorges Brugmannplein 27A, 1050 Elsene, BelgiumKBO/BCE: BE 0457.087.952
Summary

The computed 12-month bankruptcy probability of TOPACE EUROPE is 3.9% (moderate). For TOPACE EUROPE, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €91,098 and a net result of €49,133. Equity is shrinking by about 18% per year across the filed financial years. Its solvency ranks better than 65% of 14,765 sector peers (NACE 46, financial year 2023). The company has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals.

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TOPACE EUROPEActive
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Overview

Activity
Wholesale trade
NACE 46496
2 sites
Size
€159,623total assets 2023
Equity
€91,098
Profit
€49,133
Turnover not published (abbreviated or micro format)
Financial health
Bankruptcy probabilitywithin 12 months
3.9%
2023 figures too old to score
Structure
2024 accounts not filed, 723 days past the deadline3 deeds in the Belgian Official Gazette
Signalsraises riskFigures for financial year 2023 (filed 07-11-2023)2 financial years not filed after the legal deadlineSize: total assets €159,623Two or more financial years not filedlowers riskFounded in 1996neutralLatest accounts filed on timeShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Strong
Solvency 82+31
equity 57.1% of total assets
Liquidity 49+28
short-term debt 42.9% · cash 15.6%
Profitability 100+100
return on assets 30.8%
Bankruptcy probability, 12 months
3.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,871 companies, NACE 46, micro)
Last 24 months 11-2024: 0.3%lowest value 12-2024: 0.4%▲ +0.1 percentage points vs 11-2024 01-2025: 0.6%▲ +0.2 percentage points vs 12-2024 02-2025: 0.7%▲ +0.1 percentage points vs 01-2025 03-2025: 1.0%▲ +0.3 percentage points vs 02-2025 04-2025: 2.2%▲ +1.2 percentage points vs 03-2025 05-2025: 2.2%● unchanged vs 04-2025 06-2025: 2.3%▲ +0.1 percentage points vs 05-2025 07-2025: 2.2%▼ -0.1 percentage points vs 06-2025 08-2025: 2.2%● unchanged vs 07-2025 09-2025: 2.2%● unchanged vs 08-2025 10-2025: 2.2%● unchanged vs 09-2025 11-2025: 3.5%▲ +1.3 percentage points vs 10-2025 12-2025: 4.2%▲ +0.7 percentage points vs 11-2025highest value 01-2026: 4.2%● unchanged vs 12-2025highest value 02-2026: 4.2%● unchanged vs 01-2026highest value 03-2026: 4.2%● unchanged vs 02-2026highest value 04-2026: 4.2%● unchanged vs 03-2026highest value 05-2026: 4.2%● unchanged vs 04-2026highest value 06-2026: 4.2%● unchanged vs 05-2026highest value 07-2026: 4.2%● unchanged vs 06-2026highest value 08-2026: 4.2%● unchanged vs 07-2026highest value 09-2026: 4.2%● unchanged vs 08-2026highest value 10-2026: 3.9%▼ -0.3 percentage points vs 09-2026
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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2023 (filed 07-11-2023)
NBB · annual accounts
raises risk · 2 financial years not filed after the legal deadline
NBB · filings
lowers risk · Founded in 1996
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: total assets €159,623
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-03-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-03-2024 year end31-10-2024 deadline24-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2023 was due by 31-10-2023 and was filed on 31-10-2023, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
on the day
2022
on the day
2021
61 days early
2020
1 day early
2019
159 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 19 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2023 · micro…
  2. Back to profitnet €49,133
  3. Annual accounts filedfinancial year 2022 · micro…

Key points

  • Risk: 2024 accounts not fileddeadline was 31-10-2024 723 days past the deadline View
  • Positive: Among the best 14% on net resultsector median €5,166 · 14,759 companies €49,133 View
  • Positive: Back in profit in 2023after -€97,092 in 2022 €49,133 View

By topic

Financials

Financial year
2023
Total assets
€159,623
Profit
€49,133
Solvency
57.1%
Total assets▼ 1.8%
Net result
20192023
Go to Financials

Timeline

Events
28
Since
1997
  1. 31-03-2022Weakest financial year
  2. 31-08-2021Annual accounts filed
  3. 30-10-2020Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company (pre-2019)
Activity
Wholesale tradeNACE 46496
Founded
25-01-1996
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

Key facts about TOPACE EUROPE

What is the company number of TOPACE EUROPE?
0457.087.952. In Belgium the VAT number is the company number with BE in front: BE 0457.087.952.
Where is TOPACE EUROPE based?
The registered office is at Georges Brugmannplein 27A, 1050 Elsene.Company details
What does TOPACE EUROPE do?
According to the KBO register, the main activity is wholesale trade (NACE 46496).
What is the legal form of TOPACE EUROPE?
Private limited company (pre-2019) (BVBA).
When was TOPACE EUROPE founded?
On 25-01-1996.
Is TOPACE EUROPE still active?
Yes, TOPACE EUROPE is an active enterprise in the KBO register.
What is the turnover of TOPACE EUROPE?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is TOPACE EUROPE profitable?
In financial year 2023, TOPACE EUROPE made a profit of €49,133.
Where can I find the annual accounts of TOPACE EUROPE?
TOPACE EUROPE filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2023.

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