TOPGEN KI
ActiveSummary
TOPGEN KI has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54k and a net result of €145k. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 12% of 1736 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▲+10
Solvency32▼-20
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity tight (current ratio 1.03 against 1.41 in 2024; short-term debt: 93% and cash: 35.5% of total assets), and 93% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
7%
Return on assets
18.7%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 1736 sector peers (2025).
NBB · sector comparisonPosition among 1736 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
30 d early
2022
2 d late
2021
22 d early
2020
22 d early
2019
20 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€54k▼ 72.7%
2024 · €199k
2018: €181k
2019: €244k
2020: €207k
2021: €278k
2022: €297k
2023: €322k
2024: €199k
2018 → 2025
Total assets
€775k▲ 3.3%
2024 · €750k
2018: €649k
2019: €683k
2020: €660k
2021: €758k
2022: €646k
2023: €675k
2024: €750k
2018 → 2025
Net result
€145k▲ 87.4%
2024 · €77k
2018: €31k
2019: €63k
2020: €69k
2021: €71k
2022: €19k
2023: €25k
2024: €77k
2018 → 2025
Working capital
€23k▼ 89.1%
2024 · €215k
2018: €304k
2019: €359k
2020: €271k
2021: €337k
2022: €352k
2023: €372k
2024: €215k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€278k-€297k▲ 6.7%€322k▲ 8.5%€199k▼ 38.1%€54k▼ 72.7%
Operating result€97k-€31k▼ 67.7%€40k▲ 27.2%€111k▲ 181%€195k▲ 75.6%
Net result€71k-€19k▼ 73.6%€25k▲ 34.9%€77k▲ 206%€145k▲ 87.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 76% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €775k
Fixed assets
€31k ▲ 362%
Current assets
€744k ▲ 0.1%
Equity and liabilities €775k
Equity
€54k ▼ 72.7%
Debt
€721k ▲ 30.8%
Debt's share of the balance-sheet total rises from 73.4% to 93.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€197k▲
2024 · €123k
Cash flow
€146k▲
2024 · €89k
Current ratio
1.03▼
2024 · 1.41
Quick ratio
0.90▼
2024 · 1.23
Debt to equity
13.23▲
2024 · 2.76
ROE
266.2%▲
2024 · 38.8%
ROA
18.7%▲
2024 · 10.3%
Interest coverage
18.07▲
2024 · 11.35
Debt ≤ 1 year
€721k▲
2024 · €529k
Debt > 1 year
€0▼
2024 · €22k
Income taxes
€42k▲
2024 · €23k
Staff costs
€126k▼
2024 · €169k
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 · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€750k€775k▲
Fixed assets21/28€7k€31k▲
Intangible fixed assets21€0-
Tangible fixed assets22/27€7k€31k▲
Plant, machinery and equipment23€3k€31k▲
Furniture and vehicles24€4k€0▼
Current assets29/58€744k€744k▲
Stocks and contracts in progress3€93k€98k▲
Stocks30/36€93k€98k▲
Amounts receivable within one year40/41€175k€162k▼
Trade receivables40€174k€158k▼
Other amounts receivable41€1k€4k▲
Current investments50/53€300k€210k▼
Cash at bank and in hand54/58€175k€275k▲
Deferred charges and accrued income490/1€0€41▲
Equity and liabilities
Total equity and liabilities10/49€750k€775k▲
Equity10/15€199k€54k▼
Reserves13€199k€54k▼
Distributable reserves133€199k€54k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€551k€721k▲
Amounts payable after more than one year17€22k€0▼
Financial debts170/4€22k€0▼
Amounts payable within one year42/48€529k€721k▲
Current portion of amounts payable after more than one year42€44k€22k▼
Trade debts44€114k€109k▼
Suppliers440/4€114k€109k▼
Taxes, remuneration and social security45€31k€63k▲
Taxes450/3€3k€44k▲
Remuneration and social security454/9€28k€19k▼
Other amounts payable47/48€339k€527k▲
Income statement
Code20242025
Non-recurring operating income76A-€6k
Remuneration, social security and pensions62€169k€126k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€1k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-4k€-2k▲
Other operating charges640/8€4k€761▼
Gross operating margin9900€292k€322k▲
Operating profit (loss)9901€111k€195k▲
Financial income75/76B€0€2k▲
Recurring financial income75€0€2k▲
Financial charges65/66B€11k€11k▲
Recurring financial charges65€11k€11k▲
Profit (loss) for the period before taxes9903€100k€186k▲
Income taxes67/77€23k€42k▲
Profit (loss) for the period9904€77k€145k▲
Profit (loss) for the period to be appropriated9905€77k€145k▲
Appropriation of the result
Profit (loss) to be appropriated9906€77k€145k▲
Transfer from equity791/2€123k€149k▲
Transfer to equity691/2€0€4k▲
To other reserves6921€0€4k▲
Profit to be distributed694/7€200k€290k▲
Return on contributions (dividend)694€200k€290k▲
Social balance
Average headcount (FTE)90872.62.2▼
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Highest result since 2018net €145k ▲87.4%
Operating result €195k, net result €145k, both a record.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
2022
30-09
Financial
Weakest financial yearnet €19k ▼73.6%
Net result drops to €19k, the lowest in the series; recovery starts the following year.
08-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
08-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
10-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Equity above €200kEq €244k ▲35%
2 profitable years in a row build equity to €244k.
08-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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
Registered office, Wingene · 2 establishment units since 2015
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.
Bruggesteenweg 1148755 WingeneGround area
8,316 m²
Building footprint
374 m²
Volume, LiDAR
1,867 m³
2 parcels, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
TOPGEN KI
since 20152.251.476.797
TOPGEN KI
since 20152.251.476.896
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44050A0234/00H000 | Flanders | 7,138 m² | 1 · 13 m² | 2.4 m |
| 37012A0272/00Y005 | Flanders | 1,178 m² | 1 · 361 m² | 8.8 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteZulte2.251.476.797
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Of 902 companies in sector 01461 we hold annual accounts for 295. 161 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-12-2015
Fiscal year end30-09
Activities, NACEBEL 2025
01461Pig breeding farms
01620Support activities for animal production
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.