Topfood
Open bankruptcyA bankruptcy procedure is open for Topfood according to publications in the Belgian State Gazette; curator: SVEN DE MAESENEER.
Summary
The file additionally contains 1 administrative flag. The 2022 annual accounts show equity of €95k and a net result of €43k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2022, micro schema
Turnover
€262k▼ 37.9%
2021 · €422k
2021: €422k
2021 → 2022
EBIT margin
20.6%▲ 5.5pp
2021 · 15.1%
2021: 15.1%
2021 → 2022
Net result
€43k▼ 15.4%
2021 · €51k
2021: €51k
2021 → 2022
Working capital
€89k▲ 94.4%
2021 · €46k
2021: €46k
2021 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022Trend
Turnover€422k-€262k▼ 37.9%
Equity€52k-€95k▲ 82.9%
Operating result€64k-€54k▼ 15.4%
Net result€51k-€43k▼ 15.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 15% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €136k
Fixed assets
€6k ▼ 4.5%
Current assets
€130k ▲ 26.4%
Equity and liabilities €136k
Equity
€95k ▲ 82.9%
Debt
€41k ▼ 28.6%
Debt's share of the balance-sheet total falls from 52.2% to 29.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€55k▼
2021 · €64k
Cash flow
€44k▼
2021 · €51k
Current ratio
3.20▲
2021 · 1.81
Quick ratio
3.16▲
2021 · 1.79
Debt to equity
0.43▼
2021 · 1.09
ROE
45.3%▼
2021 · 98.1%
ROA
31.8%▼
2021 · 46.9%
Interest coverage
268.94▼
2021 · 329.90
Debt ≤ 1 year
€41k▼
2021 · €57k
Income taxes
€11k▼
2021 · €13k
Staff costs
€40k▼
2021 · €124k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 38 lines
Balance sheet
Code20212022
Assets
Total assets20/58€109k€136k▲
Fixed assets21/28€6k€6k▼
Tangible fixed assets22/27€6k€6k▼
Plant, machinery and equipment23€6k€6k▼
Current assets29/58€103k€130k▲
Stocks and contracts in progress3€1k€2k▲
Stocks30/36€1k€2k▲
Amounts receivable within one year40/41€99k€566▼
Trade receivables40€83k-
Other amounts receivable41€16k€566▼
Cash at bank and in hand54/58€2k€128k▲
Equity and liabilities
Total equity and liabilities10/49€109k€136k▲
Equity10/15€52k€95k▲
Contributions10/11€1k€1k=
Profit (loss) carried forward14€51k€94k▲
Amounts payable17/49€57k€41k▼
Amounts payable within one year42/48€57k€41k▼
Trade debts44€14k€7k▼
Suppliers440/4€14k€7k▼
Taxes, remuneration and social security45€26k€30k▲
Taxes450/3€13k€24k▲
Remuneration and social security454/9€14k€7k▼
Other amounts payable47/48€16k€3k▼
Income statement
Code20212022
Turnover70€422k€262k▼
Goods, raw materials, services and sundry goods60/61€234k€167k▼
Remuneration, social security and pensions62€124k€40k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36€1k▲
Other operating charges640/8€50-
Gross operating margin9900€188k€96k▼
Operating profit (loss)9901€64k€54k▼
Financial charges65/66B€194€206▲
Recurring financial charges65€194€206▲
Profit (loss) for the period before taxes9903€64k€54k▼
Income taxes67/77€13k€11k▼
Profit (loss) for the period9904€51k€43k▼
Profit (loss) for the period to be appropriated9905€51k€43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€51k€94k▲
Profit (loss) brought forward from the previous period14P-€51k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · TOPFOOD BV LOZEN- BERG 17/1, 1932 ZAVENTEM · event 23-09-2025
12-05
KBO administration
Address struck
2024
19-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 263 days late
19-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 628 days late
SignalNBB filing
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
1 establishment unit since 2020
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.
Ground area
8,482 m²
Building footprint
1,639 m²
Volume, LiDAR
64,533 m³
2 parcels, Flanders · tallest building 61.5 m, ±19 floors. Linked by address, not a title deed.
1 establishment unit
Topfood
since 20202.302.924.708
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11462A0109/00G000 | Flanders | 5,799 m² | 1 · 971 m² | 61.5 m · 19 fl. |
| 23078A0372/00D000 | Flanders | 2,683 m² | 1 · 669 m² | 20.0 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | SVEN DE MAESENEER PEGASUSLAAN 5, 1831 DIEGEM- |
23-09-2025 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-05-2020
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.