TOPIMMO
ActiveTOPIMMO has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €289k and a net result of €-6k. Equity is growing by ~20.4% per year across the filed fiscal years. Its solvency ranks better than 54% of 9167 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability48▼-18
Solvency61▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity tight (current ratio 1.34 against 2.15 in 2024; short-term debt: 11.1% and cash: 0.2% of total assets), and 63.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
32 d late
2023
12 d late
2022
22 d late
2021
4 d early
2020
30 d early
2019
22 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-6k
2024 · €7k
2019: €77k
2020: €67k
2021: €71k
2022: €137k
2023: €11k
2024: €7k
2019 → 2025
Working capital
€30k▼ 59.6%
2024 · €75k
2019: €-37k
2020: €-13k
2021: €56k
2022: €90k
2023: €63k
2024: €75k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€139k-€277k▲ 98.5%€288k▲ 4.1%€295k▲ 2.4%€289k▼ 2.1%
Operating result€100k-€228k▲ 129%€28k▼ 87.8%€19k▼ 30.2%€-1k
Net result€71k-€137k▲ 94.7%€11k▼ 91.8%€7k▼ 38.7%€-6k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €1k after €19k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €792k
Fixed assets
€675k▼ 2.8%
Current assets
€118k▼ 15.7%
Equity and liabilities €792k
Equity
€289k▼ 2.1%
Provisions
€36k▼ 13.6%
Debt
€467k▼ 6.0%
The debt ratio falls from 59.6% to 59.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€35k▼
2024 · €56k
Cash flow
€30k▼
2024 · €44k
Solvency
36.4%▲
2024 · 35.4%
Current ratio
1.34▼
2024 · 2.15
Quick ratio
1.34▼
2024 · 2.09
Debt / equity
1.62▼
2024 · 1.69
ROE
-2.1%▼
2024 · 2.4%
ROA
-0.8%▼
2024 · 0.8%
Interest coverage
3.67▼
2024 · 5.53
Debt
€467k▼
2024 · €497k
Debt ≤ 1 year
€88k▲
2024 · €65k
Debt > 1 year
€380k▼
2024 · €432k
Income taxes
€1k▼
2024 · €2k
Staff costs
€31k▼
2024 · €37k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€834k€792k▼
Fixed assets21/28€694k€675k▼
Tangible fixed assets22/27€694k€674k▼
Land and buildings22€688k€656k▼
Plant, machinery and equipment23€1k€16k▲
Furniture and vehicles24€5k€2k▼
Financial fixed assets28€297€297=
Current assets29/58€140k€118k▼
Stocks and contracts in progress3€4k-
Stocks30/36€4k-
Amounts receivable within one year40/41€44k€116k▲
Trade receivables40€28k€31k▲
Other amounts receivable41€16k€85k▲
Cash at bank and in hand54/58€91k€1k▼
Deferred charges and accrued income490/1€253€373▲
Equity and liabilities
Total equity and liabilities10/49€834k€792k▼
Equity10/15€295k€289k▼
Contributions10/11€81k€81k=
Reserves13€185k€179k▼
Non-distributable reserves130/1€8k€8k=
Reserves not available under the articles1311€8k€8k=
Tax-exempt reserves132€76k€71k▼
Distributable reserves133€101k€101k=
Profit (loss) carried forward14€29k€29k▼
Provisions and deferred taxes16€42k€36k▼
Deferred taxes168€42k€36k▼
Amounts payable17/49€497k€467k▼
Amounts payable after more than one year17€432k€380k▼
Financial debts170/4€432k€380k▼
Amounts payable within one year42/48€65k€88k▲
Current portion of amounts payable after more than one year42€51k€52k▲
Trade debts44€3k€5k▲
Suppliers440/4€3k€5k▲
Taxes, remuneration and social security45€11k€11k▲
Taxes450/3€6k€5k▼
Remuneration and social security454/9€6k€6k▲
Other amounts payable47/48-€20k
Income statement
Code20242025
Non-recurring operating income76A€4k-
Remuneration, social security and pensions62€37k€31k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€36k▼
Other operating charges640/8€11k€10k▼
Non-recurring operating charges66A€12k€1k▼
Gross operating margin9900€116k€76k▼
Operating profit (loss)9901€19k€-1k▼
Financial income75/76B€117€0▼
Recurring financial income75€117€0▼
Financial charges65/66B€10k€9k▼
Recurring financial charges65€10k€9k▼
Profit (loss) for the period before taxes9903€9k€-11k▼
Transfer from deferred taxes780-€6k
Income taxes67/77€2k€1k▼
Profit (loss) for the period9904€7k€-6k▼
Transfer from tax-exempt reserves789€6k€6k=
Profit (loss) for the period to be appropriated9905€12k€-658▼
Appropriation of the result
Profit (loss) to be appropriated9906€29k€29k▼
Profit (loss) brought forward from the previous period14P€17k€29k▲
Social balance
Average headcount (FTE)90871.01.1▲
The notes to these accounts (10 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
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-6k ▼189%
Net result drops to €-6k, the lowest in the series.
01-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 32 days late
2024
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 12 days late
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 22 days late
2022
31-12
Financial
Highest result since 2019net €137k ▲94.7%
Operating result €228k, net result €137k, both a record.
31-12
Financial
Equity above €200kEq €277k ▲98.5%
4 profitable years in a row build equity to €277k.
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
31-03
Financial
Equity above €100kEq €139k ▲102%
3 profitable years in a row build equity to €139k.
2020
01-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
01-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Bastogne · 1 establishment unit since 2001
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.
Rue de Marche 1436600 BastogneGround area
740 m²
Building footprint
250 m²
Volume, LiDAR
1,325 m³
Parcel 82003E1142/00W000, Wallonia · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TOPIMMO
since 20012.094.415.387
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82003E1142/00W000 | Wallonia | 740 m² | 1 · 249 m² | 7.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
SELINCO
BE 0460.196.605
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VALOR
BE 0627.835.666
Brakel · Eq €289k
immopunt
BE 0461.433.750
Tienen · Eq €289k
M & M HOME REAL ESTATE
BE 0589.939.647
Charleroi · Eq €289k
TERRA PROJECTS
BE 0881.231.439
Incourt · Eq €288k
Of 11,749 companies in sector 68310 we hold annual accounts for 6,907. 4,988 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-03-2001
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70311
68110Buying and selling of own real estate
70120
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.