Financials
- Financial year
- 2024
- Total assets
- €76,054
- Loss
- -€3,065
- Solvency
- 41.2%
Turnover▲ 108%
Net result
20192020
Topcat helicopters
ActiveSummary
Topcat helicopters has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €31,363 and a net result of -€3,065. Equity is growing by about 17% per year across the filed financial years. Its solvency ranks better than 47% of 2,522 sector peers (NACE 85, financial year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Activity
Education
NACE 85532
1 site
Size
€76,054total assets 2024
- Equity
- €31,363
- Loss
- -€3,065
Turnover not published (micro format)
Structure
2025 accounts not filed, 88 days past the deadline1 of 2 deeds summarised
Why 55raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 31-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 91 days late; 2 of the last 3 latelowers riskSector: Education (NACE 85)Liquidity: current ratio 7.30, cash €63,501Show the evidence
Checked score
Score 2024
55
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 46% of its sector peers (NACE 85, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Average
Solvency
66-21
equity 41.2% of total assets
Liquidity
98+5
short-term debt 13.5% · cash 83.5%
Profitability
14-86
return on assets -4.0%
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.8%highest value
12-2024: 0.1%▼ -0.7 percentage points vs 11-2024
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025lowest value
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.2%▲ +0.1 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.4%▲ +0.2 percentage points vs 09-2025
11-2025: 0.2%▼ -0.2 percentage points vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.1%▼ -0.1 percentage points vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
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: 0.2%▲ +0.1 percentage points vs 06-2026
08-2026: 0.3%▲ +0.1 percentage points vs 07-2026
09-2026: 0.4%▲ +0.1 percentage points vs 08-2026
10-2026: 0.7%▲ +0.3 percentage points vs 09-2026
Credit of up to €1,500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 7.3, compared with 4.44 in 2023, above the usual 1.5; short-term debt: 13.5% and cash: 83.5% of total assets), but 58.8% of the assets are financed with debt and provisions.
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 85, micro): better than 46% on solvency, 91% on liquidity, 18% on profitability and 30% on growth.
The bankruptcy probability was computed on 26-10-2026 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 riskraises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 88 days later.
NBB · 6 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline27-10-2026 today
raises risk · 2024 accounts filed 91 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-10-2025, 91 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 6 filingsDeviation from the deadline
2025
not filed
2024
91 days late
2023
92 days late
2022
92 days early
2021
60 days late
2020
93 days early
2019
91 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 25 days after the deadline; the sector median (NACE 85) for financial year 2024 is 16 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
- Amendment of the articles · Legal-form…Capital conversion · Director in…
Key points
By topic
Timeline
- Events
- 9
- Since
- 2020
- 31-12-2023Back to profit
- 30-04-2023Annual accounts filed
- 31-12-2022Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- EducationNACE 85532
- Founded
- 09-01-2019
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 6
- Annual meeting
- Third Tuesday of June at 11:35
- Purpose
- “Het geven van lessen en theoretische opleidingen zowel in klasverband als in via distance…” (deed in Dutch)
Key facts about Topcat helicopters
- What is the company number of Topcat helicopters?
- 0717.886.607. In Belgium the VAT number is the company number with BE in front: BE 0717.886.607.
- Where is Topcat helicopters based?
- The registered office is at Zeelaan(Kok) 166, 8670 Koksijde.Company details
- What does Topcat helicopters do?
- According to the KBO register, the main activity is education (NACE 85532).
- What is the legal form of Topcat helicopters?
- Private limited company (BV).
- When was Topcat helicopters founded?
- On 09-01-2019.
- Is Topcat helicopters still active?
- Yes, Topcat helicopters is an active enterprise in the KBO register.
- What is the turnover of Topcat helicopters?
- €40,318 in financial year 2020, according to the filed annual accounts.Financials
- Is Topcat helicopters profitable?
- In financial year 2024, Topcat helicopters made a loss of €3,065.
- Where can I find the annual accounts of Topcat helicopters?
- Topcat helicopters filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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