Equity
€5,370 from €51,654 in 2020
Equity fell by 90% in 5 years.
TOPGEAR
Lifetime
19 annual accounts with figures on one time axispeak €81,449 (2024)
-€7,520▼ €88,969
lowest -€51,837 (2022)
-€6,288▼ €38,673
peak €51,654 (2020)
€5,370▼ 53.9%
€57,007▼ 16.4%
peak 1.6 FTE (2019)
-not published
Board1 name since 2006
1 director
Documentsfilings and deeds
17-02-202617 days late
2025micro format
Gross margin from €81,449 to -€7,520Loss of €6,288Equity from €11,658 to €5,370Debts from €68,177 to €57,007Investments €8,517Cash from €25,953 to €16,362
Key points
from the 2025 annual accountsDebts
€57,007 91% of the balance sheet
Suppliers 17%Taxes and wages 54%Other 28%
Investments
€8,517 7.2 × depreciation
Green is investment, beige is depreciation. Machinery stands 167.9% higher than in 2024.
2025 accounts filed 17 days after the deadlineTurnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 540 companies had the same profile as TOPGEAR has now. Each dot stands for 2 companies, two years later.
85.7%
were still trading
8.3%
stopped another way
5.2%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 540 companies, not a prediction for TOPGEAR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0882910232
Purpose change · Amendment of the articles
“tekst zoals verder vermeld” (deed in Dutch) · Gazette deed
First establishment
Chélise, Brugsesteenweg 96, Pittem
Incorporation
published on 18-08-2006 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TOPGEAR Pittem | €62,377 | -€7,520 | 8.6% | - |
| EWA KNOKKE Knokke-Heist | €59,737 | -€1,502 | 34.0% | - |
| LAUDO-INVEST Bruges | €52,934 | -€1,796 | 80.5% | - |
| PERSEPOLIS Antwerp | €65,299 | -€8,655 | 42.1% | - |
| EVR INVEST Tournai | €61,988 | -€1,578 | -62.6% | - |
| RESTO VH Ghent | €66,581 | -€11,212 | 47.0% | - |
| RESTOCONCEPT Ixelles | €64,623 | -€14,369 | 31.4% | - |
These companies have the same main activity as TOPGEAR: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €52,900 and €66,600, founded between 2004 and 2008.
Official details
Source: KBO- Status
- Active since 08-08-2006Normal situation
- Activity
- Full-service restaurantsNACE 56111and 3 others
- Joint committee
- 302Hotels and catering · annual accounts 30-06-2025
- Establishment unit
- 2.155.847.2698740 Pittem, since 28-08-2006
- Financial year end
- 30 June
- Peppol
- Reachable since 14-01-2026
Insights on TOPGEAR
TOPGEAR files the micro format. That format states no turnover. The gross margin fell from €19,480 in 2007 to -€7,520 in 2025.
The balance sheet grew most from 2011 to 2013 through fixed assets.
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 TOPGEAR
- What is the company number of TOPGEAR?
- The company number of TOPGEAR is 0882.910.232. The VAT number is the same number with BE in front: BE 0882.910.232.
- Where is TOPGEAR based?
- The registered office is at Brugsesteenweg 96, 8740 Pittem.Company details
- What does TOPGEAR do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of TOPGEAR?
- TOPGEAR is a private limited company (pre-2019) (BVBA).
- When was TOPGEAR founded?
- TOPGEAR was founded on 08-08-2006.
- Is TOPGEAR still active?
- Yes, TOPGEAR is an active enterprise in the KBO register.
- How many employees does TOPGEAR have?
- TOPGEAR had an average of 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does TOPGEAR fall under?
- In its 30-06-2025 annual accounts, TOPGEAR states joint committee 302 (Hotels and catering).
- What is the turnover of TOPGEAR?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
- Is TOPGEAR profitable?
- In financial year 2025, TOPGEAR made a loss of €6,288.
- Where can I find the annual accounts of TOPGEAR?
- TOPGEAR filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TOPGEAR due?
- TOPGEAR must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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