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TOPEAR

Active
Private limited companyfounded 20215 yrs activeSpeelhofdreef 10, 2970 Schilde, BelgiumKBO/BCE: BE 0767.826.957
Summary

The computed 12-month bankruptcy probability of TOPEAR is 2.6% (moderate). The 2024 annual accounts show equity of €168,799 and a net result of €40,048. Equity is growing by ~30.5% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
59 / 100
Fair
A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability93▲+7
Solvency100▲+7
Growth52=
Track record94
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days only on tighter terms
Liquidity ample (current ratio 4.05 against 3.06 in 2023; short-term debt: 18.4% and cash: 40.6% of total assets), and 19.1% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-07-2026, 351 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 filings
Deviation from the deadline
2025
not confirmed
2024
351 d late
2023
190 d late
2021
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 201 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

TOPEAR was incorporated on 4 May 2021 as a Private limited company.1 Total assets rose from EUR 62,779 in 2021 to EUR 208,565 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€168,799▲ 31.1%
2023 · €128,751
Total assets
€208,565▲ 10.0%
2023 · €189,570
Net result
€40,048▲ 51.2%
2023 · €26,481
Working capital
€116,587▲ 36.2%
2023 · €85,604
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202120232024
Operating result€57,779-€34,807-€53,204▲ 52.9%
Net result€46,182-€26,481-€40,048▲ 51.2%
Equity€51,182-€128,751-€168,799▲ 31.1%
Total assets€62,779-€189,570-€208,565▲ 10.0%
Debt€11,597-€60,819-€39,766▼ 34.6%
Working capital€50,154-€85,604-€116,587▲ 36.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2021: €57,779€57,779Net result 2021: €46,182€46,182Operating result 2023: €34,807€34,807Net result 2023: €26,481€26,481Operating result 2024: €53,204€53,204Net result 2024: €40,048€40,048202120232024€0€20,000€40,000€60,000Operating result 2021: €57,779€57,800Net result 2021: €46,182€46,200Operating result 2023: €34,807€34,800Net result 2023: €26,481€26,500Operating result 2024: €53,204€53,200Net result 2024: €40,048€40,000202120232024
The operating result rises in 2024; 2024 is 53% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €208,565
Fixed assets €53,705 ▼ 14.0%
Current assets €154,860 ▲ 21.8%
Equity and liabilities €208,565
Equity €168,799 ▲ 31.1%
Debt €39,766 ▼ 34.6%
Debt's share of the balance-sheet total falls from 32.1% to 19.1%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€73,301▲
2023 · €54,318
Cash flow
€60,144▲
2023 · €45,992
Current ratio
4.05▲
2023 · 3.06
Debt to equity
0.24▼
2023 · 0.47
ROE
23.7%▲
2023 · 20.6%
ROA
19.2%▲
2023 · 14.0%
Interest coverage
66.10▼
2023 · 290.64
Debt ≤ 1 year
€38,273▼
2023 · €41,529
Debt > 1 year
€1,493▼
2023 · €19,290
Income taxes
€12,047▲
2023 · €8,140
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.5% went bankrupt
3.4% stopped otherwise
95% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 26,964 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet Code20232024
Assets
Total assets20/58€189,570€208,565▲
Fixed assets21/28€62,436€53,705▼
Tangible fixed assets22/27€62,436€53,705▼
Plant, machinery and equipment23-€1,306
Furniture and vehicles24€59,686€47,649▼
Other tangible fixed assets26€2,750€4,750▲
Current assets29/58€127,133€154,860▲
Amounts receivable within one year40/41€33,972€50,135▲
Trade receivables40-€2,234
Other amounts receivable41€33,972€47,902▲
Cash at bank and in hand54/58€72,548€84,769▲
Deferred charges and accrued income490/1€20,613€19,955▼
Equity and liabilities
Total equity and liabilities10/49€189,570€208,565▲
Equity10/15€128,751€168,799▲
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€123,751€163,799▲
Amounts payable17/49€60,819€39,766▼
Amounts payable after more than one year17€19,290€1,493▼
Financial debts170/4€19,290€1,493▼
Amounts payable within one year42/48€41,529€38,273▼
Current portion of amounts payable after more than one year42€17,032€17,797▲
Trade debts44€2,898€289▼
Suppliers440/4€2,898€289▼
Taxes, remuneration and social security45€21,598€20,187▼
Taxes450/3€21,598€20,187▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19,511€20,096▲
Other operating charges640/8€171€575▲
Gross operating margin9900€54,489€73,875▲
Operating profit (loss)9901€34,807€53,204▲
Financial charges65/66B€187€1,109▲
Recurring financial charges65€187€1,109▲
Profit (loss) for the period before taxes9903€34,620€52,095▲
Income taxes67/77€8,140€12,047▲
Profit (loss) for the period9904€26,481€40,048▲
Profit (loss) for the period to be appropriated9905€26,481€40,048▲
Appropriation of the result
Profit (loss) to be appropriated9906€123,751€163,799▲
Profit (loss) brought forward from the previous period14P€97,270€123,751▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202120232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21€19,511€20,096▲ 3.0%
Other operating charges640/8-€171€575▲ 236%
Gross operating margin9900€57,800€54,489€73,875▲ 35.6%
Operating profit (loss)9901€57,779€34,807€53,204▲ 52.9%
Financial charges65/66B-€187€1,109▲ 493%
Recurring financial charges65-€187€1,109▲ 493%
Profit (loss) for the period before taxes9903€57,779€34,620€52,095▲ 50.5%
Income taxes67/77€11,597€8,140€12,047▲ 48.0%
Profit (loss) for the period9904€46,182€26,481€40,048▲ 51.2%
Profit (loss) for the period to be appropriated9905€46,182€26,481€40,048▲ 51.2%
Line202120232024Change
Assets
Total assets20/58€62,779€189,570€208,565▲ 10.0%
Fixed assets21/28€1,028€62,436€53,705▼ 14.0%
Tangible fixed assets22/27€1,028€62,436€53,705▼ 14.0%
Plant, machinery and equipment23--€1,306-
Furniture and vehicles24€1,028€59,686€47,649▼ 20.2%
Other tangible fixed assets26-€2,750€4,750▲ 72.7%
Current assets29/58€61,751€127,133€154,860▲ 21.8%
Amounts receivable within one year40/41€4,400€33,972€50,135▲ 47.6%
Trade receivables40--€2,234-
Other amounts receivable41€4,400€33,972€47,902▲ 41.0%
Cash at bank and in hand54/58€33,562€72,548€84,769▲ 16.8%
Deferred charges and accrued income490/1€23,789€20,613€19,955▼ 3.2%
Equity and liabilities
Total equity and liabilities10/49€62,779€189,570€208,565▲ 10.0%
Equity10/15€51,182€128,751€168,799▲ 31.1%
Contributions10/11€5,000€5,000€5,000=
Profit (loss) carried forward14€46,182€123,751€163,799▲ 32.4%
Amounts payable17/49€11,597€60,819€39,766▼ 34.6%
Amounts payable after more than one year17-€19,290€1,493▼ 92.3%
Financial debts170/4-€19,290€1,493▼ 92.3%
Amounts payable within one year42/48€11,597€41,529€38,273▼ 7.8%
Current portion of amounts payable after more than one year42-€17,032€17,797▲ 4.5%
Trade debts44-€2,898€289▼ 90.0%
Suppliers440/4-€2,898€289▼ 90.0%
Taxes, remuneration and social security45€11,597€21,598€20,187▼ 6.5%
Taxes450/3€11,597€21,598€20,187▼ 6.5%
Line202120232024Change
Profit (loss) for the period9904€46,182€26,481€40,048▲ 51.2%
+ Depreciation and write-downs630€21€19,511€20,096▲ 3.0%
Operating cash flow (approximation)€46,203€45,992€60,144▲ 30.8%
Investment in fixed assets (approximation)---€11,365-
Change in cash--€12,222-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
17-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 351 days late
2025
06-02
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 190 days late
2024
31-12
Financial Equity above €150,000Eq €168,799 ▲31.1%
3 profitable years in a row build equity to €168,799.
2023
31-12
Financial Weakest financial yearnet €26,481 ▼42.7%
Net result drops to €26,481, the lowest in the series; recovery starts the following year.
31-12
Financial Equity above €100,000Eq €128,751 ▲152%
2 profitable years in a row build equity to €128,751.
2022
30-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Schilde · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
3,484 m²
Building footprint
253 m²
Volume, LiDAR
1,423 m³
Parcel 11922C0336/00V000, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TOPEAR
Speelhofdreef 10, 2970 SchildeSpecialist medical practice
since 20212.318.536.065
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11922C0336/00V000 Flanders 3,484 m² 1 · 253 m² 10.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded04-05-2021
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0767826957
Also 9925:BE0767826957
Registered 19-05-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.