TOPBUILD
InactiveTOPBUILD was declared bankrupt on 17-08-2022 (Ondernemingsrechtbank Antwerpen, afdeling Mechelen); the bankruptcy was closed for insufficient assets by judgment of 22-12-2023, published in the Belgian State Gazette on 28-12-2023.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline21-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 14-03-2022, 226 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
226 d late
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, abbreviated schema
Turnover
€212k
EBIT margin
11.5%
Net result
€23k▼ 24.4%
2019 · €31k
2018: €-203
2019: €31k
2018 → 2020
Working capital
€47k▲ 106%
2019 · €23k
2019: €23k
2019 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€212k
Equity€6k-€25k▲ 310%€48k▲ 94.0%
Operating result€-184-€31k€24k▼ 21.0%
Net result€-203-€31k€23k▼ 24.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2020; 2020 is 21% below 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €99k
Fixed assets
€916▼ 50.0%
Current assets
€98k▲ 126%
Equity and liabilities €99k
Equity
€48k▲ 94.0%
Debt
€51k▲ 149%
The debt ratio rises from 45.3% to 51.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€25k▼
2019 · €32k
Cash flow
€24k▼
2019 · €32k
Solvency
48.4%▼
2019 · 54.7%
Current ratio
1.92▼
2019 · 2.12
Quick ratio
1.92▼
2019 · 2.12
ROE
48.5%▼
2019 · 124.4%
ROA
23.5%▼
2019 · 68.0%
Debt
€51k▲
2019 · €20k
Debt ≤ 1 year
€51k▲
2019 · €20k
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 · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€45k€99k▲
Fixed assets21/28€2k€916▼
Tangible fixed assets22/27€2k€916▼
Current assets29/58€43k€98k▲
Amounts receivable within one year40/41€41k€96k▲
Cash at bank and in hand54/58€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€45k€99k▲
Equity10/15€25k€48k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€18k€42k▲
Amounts payable17/49€20k€51k▲
Amounts payable within one year42/48€20k€51k▲
Trade debts44€8k€51k▲
Income statement
Code20192020
Turnover70-€212k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€916€916=
Gross operating margin9900€34k€118k▲
Operating profit (loss)9901€31k€24k▼
Recurring financial charges65€118€1k▲
Profit (loss) for the period before taxes9903€31k€23k▼
Profit (loss) for the period9904€31k€23k▼
Profit (loss) for the period to be appropriated9905€31k€23k▼
Appropriation of the result
Return on contributions (dividend)694€12k-
Timeline · acts, filings and financial milestones
2023
28-12
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · TOPBUILD BV SPIE 9, 2861 ONZE-LIEVE-VROUW-WAVER · event 22-12-2023
2022
24-08
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · TOPBUILD BV SPIE 9, 2861 ONZE-LIEVE-VROUW-WAVER · event 17-08-2022
14-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 226 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Back to profitnet €31k
Net result €31k after one loss-making year.
06-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 6 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JEROEN PINOY CELLEBROEDERSSTRAAT 13,
2800 MECHELEN |
17-08-2022 → present |