Topaze Management
ActiveTopaze Management has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €78k and a net result of €42k. Equity is growing by ~12.6% per year across the filed fiscal years. Its solvency ranks better than 79% of 8969 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
100
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+40
Solvency100=
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 5.33 against 5.46 in 2023), and 18.7% of the assets are financed with debt.
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-06-2025, 45 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
45 d early
2023
49 d late
2022
66 d late
2021
53 d late
2020
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€78k▲ 114%
2023 · €37k
2020: €30k
2021: €29k
2022: €32k
2023: €37k
2020 → 2024
Total assets
€96k▲ 115%
2023 · €45k
2020: €43k
2021: €41k
2022: €38k
2023: €45k
2020 → 2024
Net result
€42k▲ 847%
2023 · €4k
2020: €28k
2021: €-282
2022: €3k
2023: €4k
2020 → 2024
Working capital
€78k▲ 117%
2023 · €36k
2020: €28k
2021: €28k
2022: €31k
2023: €36k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€30k-€29k▼ 0.9%€32k▲ 9.5%€37k▲ 13.6%€78k▲ 114%
Operating result€35k-€-119€4k€6k▲ 56.7%€56k▲ 885%
Net result€28k-€-282€3k€4k▲ 57.7%€42k▲ 847%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 885% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €96k
Fixed assets
€240▼ 61.2%
Current assets
€96k▲ 118%
Equity and liabilities €96k
Equity
€78k▲ 114%
Debt
€18k▲ 123%
The debt ratio rises from 18.1% to 18.7%: debt grows faster than equity.
Key figures and ratios
EBITDA
€56k▲
2023 · €6k
Cash flow
€42k▲
2023 · €5k
Solvency
81.3%▼
2023 · 81.9%
Current ratio
5.33▼
2023 · 5.46
Quick ratio
5.33▼
2023 · 5.46
Debt / equity
0.23▲
2023 · 0.22
ROE
53.2%▲
2023 · 12.0%
ROA
43.2%▲
2023 · 9.8%
Interest coverage
234.48▲
2023 · 33.54
Debt
€18k▲
2023 · €8k
Debt ≤ 1 year
€18k▲
2023 · €8k
Income taxes
€14k▲
2023 · €1k
Staff costs
€10k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€45k€96k▲
Fixed assets21/28€618€240▼
Tangible fixed assets22/27€618€240▼
Other tangible fixed assets26€618€240▼
Current assets29/58€44k€96k▲
Amounts receivable within one year40/41€12k€3k▼
Trade receivables40€11k-
Other amounts receivable41€1k€3k▲
Cash at bank and in hand54/58€32k€71k▲
Deferred charges and accrued income490/1-€23k
Equity and liabilities
Total equity and liabilities10/49€45k€96k▲
Equity10/15€37k€78k▲
Contributions10/11€2k€2k=
Reserves13€35k€77k▲
Distributable reserves133€35k€77k▲
Amounts payable17/49€8k€18k▲
Amounts payable within one year42/48€8k€18k▲
Trade debts44-€631
Suppliers440/4-€631
Taxes, remuneration and social security45€752€8k▲
Taxes450/3€752€6k▲
Remuneration and social security454/9-€3k
Other amounts payable47/48€7k€9k▲
Income statement
Code20232024
Remuneration, social security and pensions62-€10k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€378€378=
Other operating charges640/8€384€387▲
Gross operating margin9900€6k€66k▲
Operating profit (loss)9901€6k€56k▲
Financial charges65/66B€180€240▲
Recurring financial charges65€180€240▲
Profit (loss) for the period before taxes9903€5k€56k▲
Income taxes67/77€1k€14k▲
Profit (loss) for the period9904€4k€42k▲
Profit (loss) for the period to be appropriated9905€4k€42k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4k€42k▲
Transfer to equity691/2€4k€42k▲
To other reserves6921€4k€42k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2020net €42k ▲847%
Operating result €56k, net result €42k, both a record.
18-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 49 days late
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 66 days late
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
22-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 53 days late
2021
31-12
Financial
Weakest financial yearnet €-282 ▼101%
Net result drops to €-282, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Waterloo · 2 establishment units since 2020
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.
Clos des Essarts 151410 WaterlooGround area
1.6 ha
Building footprint
190 m²
Volume, LiDAR
1,177 m³
2 parcels, Wallonia · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Topaze Management
since 20202.300.837.723
Grand'Route 550 Bat D, 1428 Braine-l'Alleud
since 20262.385.709.159
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25054B0253/00R000 | Wallonia | 1.5 ha | - | - |
| 25110S0122/00Z000 | Wallonia | 1,356 m² | 1 · 190 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,393. 39,881 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-01-2020
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.