TOPISSIME
ActiveThe computed 12-month bankruptcy probability of TOPISSIME is 3.9% (moderate). The annual accounts of TOPISSIME for fiscal year 2024 show a net loss of 64% of the equity at the start of that year. The 2024 annual accounts show equity of €25k and a net result of €-44k. Equity is shrinking by ~39.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 26% of 6537 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
25
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-2
Solvency39▼-14
Growth32=
Track record94
Bankruptcy probability, 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.88 against 0.95 in 2023; short-term debt: 85.9% and cash: 19.6% of total assets), and 85.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
14.1%
Return on assets
-25%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
21222324
2021 to 2024 · latest year €-44k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-10-2025, 70 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
70 d late
2023
78 d late
2022
30 d late
2021
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-44k▼ 8.0%
2023 · €-41k
2021: €87k
2022: €18k
2023: €-41k
2021 → 2024
Working capital
€-17k▼ 109%
2023 · €-8k
2021: €-26k
2022: €9k
2023: €-8k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€92k-€110k▲ 19.3%€69k▼ 37.2%€25k▼ 63.9%
Operating result€124k-€31k▼ 75.1%€-37k€-42k▼ 12.9%
Net result€87k-€18k▼ 79.6%€-41k€-44k▼ 8.0%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €42k in 2024 against €37k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €176k
Fixed assets
€42k▼ 45.7%
Current assets
€134k▼ 20.1%
Equity and liabilities €176k
Equity
€25k▼ 63.9%
Debt
€151k▼ 14.3%
The debt ratio rises from 71.9% to 85.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-3k▼
2023 · €701
Cash flow
€-5k▼
2023 · €-3k
Solvency
14.1%▼
2023 · 28.1%
Current ratio
0.88▼
2023 · 0.95
Quick ratio
0.26▼
2023 · 0.43
Debt / equity
6.09▲
2023 · 2.56
ROE
-177.2%▼
2023 · -59.2%
ROA
-25.0%▼
2023 · -16.6%
Interest coverage
-1.65▼
2023 · 0.19
Debt
€151k▼
2023 · €176k
Debt ≤ 1 year
€151k▼
2023 · €176k
Debt > 1 year
€0▼
2023 · €685
Income taxes
€244▼
2023 · €361
Staff costs
€101k▼
2023 · €111k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€245k€176k▼
Fixed assets21/28€78k€42k▼
Intangible fixed assets21€60k€32k▼
Tangible fixed assets22/27€18k€10k▼
Furniture and vehicles24€13k€6k▼
Other tangible fixed assets26€5k€4k▼
Current assets29/58€167k€134k▼
Stocks and contracts in progress3€91k€94k▲
Stocks30/36€91k€94k▲
Amounts receivable within one year40/41€4k€5k▲
Trade receivables40€4k€5k▲
Other amounts receivable41-€216
Cash at bank and in hand54/58€69k€35k▼
Deferred charges and accrued income490/1€3k€706▼
Equity and liabilities
Total equity and liabilities10/49€245k€176k▼
Equity10/15€69k€25k▼
Contributions10/11€5k€5k=
Reserves13€105k€105k=
Distributable reserves133€105k€105k=
Profit (loss) carried forward14€-41k€-85k▼
Amounts payable17/49€176k€151k▼
Amounts payable after more than one year17€685€0▼
Financial debts170/4€685€0▼
Amounts payable within one year42/48€176k€151k▼
Current portion of amounts payable after more than one year42€8k€685▼
Trade debts44€23k€30k▲
Suppliers440/4€23k€30k▲
Taxes, remuneration and social security45€36k€37k▲
Taxes450/3€29k€22k▼
Remuneration and social security454/9€7k€15k▲
Other amounts payable47/48€108k€83k▼
Accrued charges and deferred income492/3€43€45▲
Income statement
Code20232024
Remuneration, social security and pensions62€111k€101k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€39k▲
Other operating charges640/8€871€2k▲
Gross operating margin9900€112k€99k▼
Operating profit (loss)9901€-37k€-42k▼
Financial income75/76B€609€425▼
Recurring financial income75€609€425▼
Financial charges65/66B€4k€2k▼
Recurring financial charges65€4k€2k▼
Profit (loss) for the period before taxes9903€-40k€-44k▼
Income taxes67/77€361€244▼
Profit (loss) for the period9904€-41k€-44k▼
Profit (loss) for the period to be appropriated9905€-41k€-44k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-41k€-85k▼
Profit (loss) brought forward from the previous period14P-€-41k
Transfer to equity691/2€0-
To other reserves6921€0-
Social balance
Average headcount (FTE)90872.92.0▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 70 days late
2024
31-12
Financial
Weakest financial yearnet €-44k
Net result drops to €-44k, the lowest in the series.
17-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 78 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
31-12
Financial
Equity above €100kEq €110k ▲19.3%
2 profitable years in a row build equity to €110k.
28-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Verviers · 2 establishment units since 2021
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.
Thier des Chèvres 164802 VerviersGround area
2,450 m²
Building footprint
477 m²
Volume, LiDAR
3,966 m³
3 parcels, Wallonia · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Les Généreuses by Sé'you sonn
since 20212.320.605.927
Sé'you soon
since 20212.324.020.129
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63036A0182/00Z000 | Wallonia | 2,005 m² | 1 · 131 m² | 8.0 m · 2 fl. |
| 63036A0294/00K000 | Wallonia | 318 m² | 1 · 268 m² | 12.4 m · 3 fl. |
| 63036A0350/00B000 | Wallonia | 128 m² | 1 · 78 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 6,503 companies in sector 47716 we hold annual accounts for 2,440. 1,652 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-07-2021
Fiscal year end31-12
Activities, NACEBEL
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47721Retail sale of footwear
Sources
Crossroads Bank for EnterprisesNational Bank · 4 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.