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Topaze Management

Active
Private limited companyfounded 2020active for 6 yearsClos des Essarts 15, 1410 Waterloo, BelgiumKBO/BCE: BE 0740.935.983
Summary

Topaze Management has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68,775 and a net result of -€9,417. Equity has been growing by about 18% per year since 2020. Its solvency ranks better than 20% of 8,583 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Official details

Source: KBO
Status
Active since 08-01-2020 Normal situation
Activity
Public relations and communication consultancy NACE 73300and 1 other
Establishment units
2.300.837.723 1410 Waterloo, since 08-01-2020
2.385.709.159 1428 Braine-l'Alleud, since 01-01-2026
Financial year end
31 December
Peppol
Reachable since 30-11-2025

Board and ownership

Board
  • GUY PierreDirector

Financial position

67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts 2025
Gross margin
€59,887
▼ 9.7%
Turnover
≈ €130,000
estimated
Loss
€9,417
Equity
€68,775
▼ 12.0%
Total assets
€518,989
▲ 440%
Staff
2 FTE
▲ 567%
  • 2025 accounts filed 76 days after the deadline
Filed on 15-10-2026
Score breakdownraises riskLast filed accounts filed 76 days late; 2 of the last 3 accounts latelowers riskSector: Advertising, market research and public relations activities (NACE 73)Liquidity: current ratio 1.07, cash €94,436Size: total assets €518,989Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 32% of micro companies in advertising and market research (NACE 73)
Financial strength · tick: 2024
Weak
Solvency 38-62
equity 13.3% of total assets
Liquidity 64-31
short-term debt 23.2% · cash 18.2%
Profitability 25-75
return on assets -1.8%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,227 companies, NACE 73, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.1%▼ -0.1 percentage points vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.2%▲ +0.1 percentage points vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.1%▼ -0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.8%▲ +0.6 percentage points vs 09-2026highest value 11-2026: 0.8%● unchanged vs 10-2026highest value
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.07 (5.33 in 2024), below the usual 1.5. Short-term debt is 23.2% and cash 18.2% of total assets. 86.7% 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 73, micro). It does better than 22% of them on solvency, 57% on liquidity, 21% on profitability and 29% on growth.

The bankruptcy probability was computed on 01-11-2026 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

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 76 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Sector: Advertising, market research and public relations activities (NACE 73)
KBO
lowers risk · Liquidity: current ratio 1.07, cash €94,436
NBB · annual accounts
lowers risk · Size: total assets €518,989
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 8583 sector peers (2025).
NBB · sector comparison
Position among 8583 sector peers
Solvency
better than 20%
← weakest strongest →
raises risk · 2025 accounts filed 76 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-10-2026, 76 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filings
Deviation from the deadline
2025
76 days late
2024
45 days early
2023
49 days late
2022
66 days late
2021
53 days late
2020
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 38 days after the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% 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 22 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 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

Key points

  • Caution: From profit to loss in 2025after a profit of €41,569 in 2024 -€9,417 View
  • Caution: Lower net result than 85% of companies in advertising and market researchsector median €14,898 · 8,584 companies -€9,417 View

Recent changes

  1. · Gazette deed Incorporation
All 10 events

Comparable companies

These companies have the same main activity as Topaze Management: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €441,000 and €756,000, founded between 2018 and 2020.

CompanyTotal assetsGross margin
Topaze Management Waterloo€518,989€59,887
Zeppelin Insula Halle€498,171€58,912
RA Consultants Leuven€520,059€74,917
OPCM Consulting Waterloo€444,674€97,019
GeekCo Wavre€477,487€91,446
SBP & CO Lasne€440,693€55,701
COSS & C° Lasne€755,628€62,349
Full comparison

Key facts about Topaze Management

What is the company number of Topaze Management?
The company number of Topaze Management is 0740.935.983. The VAT number is the same number with BE in front: BE 0740.935.983.
Where is Topaze Management based?
The registered office is at Clos des Essarts 15, 1410 Waterloo.Company details
What does Topaze Management do?
According to the KBO register, the main activity is public relations and communication consultancy (NACE 73300).
What is the legal form of Topaze Management?
The legal form of Topaze Management is Private limited company (BV).
When was Topaze Management founded?
Topaze Management was founded on 08-01-2020.
Is Topaze Management still active?
Yes, Topaze Management is an active enterprise in the KBO register.
How many employees does Topaze Management have?
Topaze Management had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Topaze Management?
The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €59,887 and 31 comparable companies (NACE 73). It probably lies between €110,000 and €170,000.
Is Topaze Management profitable?
In financial year 2025, Topaze Management made a loss of €9,417.
Where can I find the annual accounts of Topaze Management?
Topaze Management filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Topaze Management due?
Topaze Management must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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