Turnover
€696,063 ▲ 36.9%
Turnover rose in 2025 from €508,618 to €696,063.
CS Topco
Lifetime
2 annual accounts with figures on one time axispeak €37.0m (2025)
€37.0m▲ 2.9%
peak €2.7m (2025)
€2.7m▲ 19.1%
peak €26.0m (2025)
€26.0m▲ 11.7%
€11.0m▼ 13.2%
Board7 names since 2023
4 directorsAKILES MANAGEMENT and 3 others
Owners2 names in the annual accounts
22.5%AKILES
Documentsfilings and deeds
16-06-202645 days before the deadline
2025financial year
Turnover from €508,618 to €696,0632 directors appointed, 2 resignations 10-11Share issue 09-01Cash from €815,384 to €1.4m
Key points
from the 2025 annual accountsGroup
3 companies controlled
Heads a group.
Position in the sector
€2.7m
Higher net result than 85% of companies in financial services. Sector median €103,919 · 3,044 companies.
Financial institution: outside the modelBankruptcy probability: sector outside the model
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Signals
Two signals.
raises riskneutral
raises risk · Young company
Founded in 2023, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-06-2026, 45 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
45 days early
2024
29 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 37 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% 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.
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- AKILES 22.5%score 89equity €31.9m (2025) · 2025 annual accounts of AKILES
- MASTERBYTE 22.5%equity €3.5m (2024) · 2024 annual accounts of MASTERBYTE
Shares in 1 company, CS Holdco
Board & ownershipRecent changes
Appointment: CS Plan BV (day-to-day manager)
Permanent representative: Gerd Van der Heyden · Board meeting of 18-09-2026 · Gazette deed
2 directors appointed, 2 resignations
Resignations: Catharina Soenen and Ruben Monballieu · Appointments: Robin Dheedene and RMco · Permanent representative: Ruben Monballieu · General meeting of 10-10-2025 · Gazette deed
Share issue
Issue of 145,000 shares · Gazette deed
Registered office moved to Kapellen
4,908 new shares · 10,285,092 new shares · New registered office: Starrenhoflaan 15 te 2950 Kapellen · General meeting of 15-12-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CS Topco Kapellen | €696,063 | 51.2% | 70.3% | - |
| 9altitudes Engineering Solutions Kortrijk | €815,844 | -49.3% | 0.2% | - |
| OTS Holding Antwerp | €893,889 | -31.8% | 56.0% | - |
| Anchr Holdings Europe Mechelen | €732,318 | -54.0% | 56.1% | - |
| DE WITTE – VERHELST Wingene | €708,983 | 11.4% | 93.8% | - |
| Climate Pioneers Lokeren | €773,360 | 3.9% | 54.3% | - |
| Het Eiland Sint-Martens-Latem | €731,000 | -17.1% | 21.7% | - |
Grey: the largest companies of the sector (financial services (NACE 64)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as CS Topco: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €24m and €44m, founded between 2022 and 2024.
Official details
Source: KBO- Status
- Active since 06-12-2023Normal situation
- Activity
- Activities of holding companiesNACE 64210
- Establishment unit
- 2.354.538.5072950 Kapellen, since 06-12-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 16-01-2024
Annual accounts 2025
- €37.0m▲ 2.9%
- Filing
- Filed on 16-06-2026, 45 days before the end of the filing period
Insights on CS Topco
Solvency rose in 2025 from 64.7% to 70.3% because of the retained profit and lower debts.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CS Topco
- What is the company number of CS Topco?
- The company number of CS Topco is 1003.053.145. The VAT number is the same number with BE in front: BE 1003.053.145.
- Where is CS Topco based?
- The registered office is at Starrenhoflaan 15, 2950 Kapellen.Company details
- What does CS Topco do?
- According to the KBO register, the main activity is activities of holding companies (NACE 64210).
- What is the legal form of CS Topco?
- CS Topco is a private limited company (BV).
- When was CS Topco founded?
- CS Topco was founded on 06-12-2023.
- Is CS Topco still active?
- Yes, CS Topco is an active enterprise in the KBO register.
- What is the turnover of CS Topco?
- The turnover of CS Topco was €696,063 in financial year 2025, according to the filed annual accounts.Financials
- Is CS Topco profitable?
- In financial year 2025, CS Topco made a profit of €2.7m.
- Where can I find the annual accounts of CS Topco?
- CS Topco filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CS Topco due?
- CS Topco must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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