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Topadvies

Active
Private limited companyfounded 20215 years activeRederskaai 46, 8380 Brugge, BelgiumKBO/BCE: BE 0769.916.021
Summary

Topadvies has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€107,429) and a net result of -€3,060. Equity is shrinking by ~45.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 16,777 sector peers (NACE 68, fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Activity
Property management for co-owned buildings (syndics)
NACE 68321
1 site
Size
€41,857total assets 2025
Equity
-€107,429
Loss
-€3,060
Turnover not published (abridged schema)
Financial health
54 Fair Checked score 2025
Bankruptcy probability, 12 months
1.1%
Structure
Accounts filed 27 days late0 of 2 deeds read
Why 54Capped at 59: negative equity- Negative equity -€107,429- 1 change of registered office in 24 months+ Sector Real estate activities (NACE 68)+ Liquidity: current ratio 0.16, cash €18,267Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 35% of its sector peers (NACE 68, micro)
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -256.7% of total assets
Liquidity 50+47
short-term debt 355.8% · cash 43.6%
Profitability 60+60
return on assets -7.3%
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,529 companies)
Last 24 months 11-2024: 1.3% 12-2024: 1.3%● unchanged vs 11-2024 01-2025: 2.3%▲ +1.0 percentage point vs 12-2024 02-2025: 2.0%▼ -0.3 percentage points vs 01-2025 03-2025: 2.0%● unchanged vs 02-2025 04-2025: 1.9%▼ -0.1 percentage points vs 03-2025 05-2025: 1.9%● unchanged vs 04-2025 06-2025: 1.9%● unchanged vs 05-2025 07-2025: 1.9%● unchanged vs 06-2025 08-2025: 2.5%▲ +0.6 percentage points vs 07-2025 09-2025: 3.0%▲ +0.5 percentage points vs 08-2025 10-2025: 2.6%▼ -0.4 percentage points vs 09-2025 11-2025: 2.6%● unchanged vs 10-2025 12-2025: 2.6%● unchanged vs 11-2025 01-2026: 2.6%● unchanged vs 12-2025 02-2026: 2.6%● unchanged vs 01-2026 03-2026: 2.5%▼ -0.1 percentage points vs 02-2026 04-2026: 2.5%● unchanged vs 03-2026 05-2026: 2.4%▼ -0.1 percentage points vs 04-2026 06-2026: 2.5%▲ +0.1 percentage points vs 05-2026 07-2026: 2.4%▼ -0.1 percentage points vs 06-2026 08-2026: 3.1%▲ +0.7 percentage points vs 07-2026highest value 09-2026: 1.0%▼ -2.1 percentage points vs 08-2026lowest value 10-2026: 1.1%▲ +0.1 percentage points vs 09-2026
No credit on open account
Liquidity short (current ratio 0.16 against 0.03 in 2024; short-term debt: 355.8% and cash: 43.6% of total assets), and equity is negative.
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 68, micro): better than 5% on solvency, 49% on liquidity, 48% on profitability and 37% on growth.

The bankruptcy probability was computed on 06-10-2026 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

Six signals.
−lowers risk+raises risk○neutral
raises risk · Negative equity -€107,429
NBB · annual accounts
lowers risk · Sector Real estate activities (NACE 68)
KBO
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
lowers risk · Liquidity: current ratio 0.16, cash €18,267
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2122232425
2021 to 2025 · latest year -€107,429
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filings
Deviation from the deadline
2025
27 days late
2024
60 days late
2023
22 days late
2022
7 days early
2021
26 days early
← 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 15 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed 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 23 August (4 of the last 5 filed years within 37 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Weakest financial yearnet -€37,956

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€107,429 View
  • Risk: 5 loss-making years in a rowloss fiscal year 2025 -€3,060 View
  • Caution: Among the weakest 5% on solvencysector median 29.4% · 16,777 companies -256.7% View

By topic

Financials

Fiscal year
2025
Total assets
€41,857
Loss
-€3,060
Solvency
-256.7%
Total assets▲ 77.9%
Net result
20212025
Go to Financials

Timeline

Events
6
Since
2022
Next accounts
by 31-07-2027
  1. 22-08-2024Annual accounts filed
  2. 24-07-2023Annual accounts filed
  3. 05-07-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Property management for co-owned buildings (syndics)NACE 68321
Founded
21-06-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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