TOPLA is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €33k and a net result of €-2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 39% of 8006 sector peers (fiscal year 2025). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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 · 10 filingsDeviation from the deadline
2025
29 d late
2024
30 d early
2023
28 d late
2022
1 d late
2021
144 d late
2020
27 d late
2019
33 d late
← 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€33k▼ 4.4%
2024 · €35k
2018: €-53k
2019: €-61k
2020: €-67k
2021: €-81k
2022: €39k
2023: €36k
2024: €35k
2018 → 2025
Net result
€-2k▲ 2.3%
2024 · €-2k
2018: €-8k
2019: €-8k
2020: €-6k
2021: €-14k
2022: €120k
2023: €-3k
2024: €-2k
2018 → 2025
Total assets
€88k▲ 7.9%
2024 · €81k
2018: €152k
2019: €146k
2020: €153k
2021: €168k
2022: €51k
2023: €76k
2024: €81k
2018 → 2025
Solvency
37.8%▼ 4.9pp
2024 · 42.7%
2018: -35.1%
2019: -41.8%
2020: -44.1%
2021: -48.3%
2022: 77.3%
2023: 48.1%
2024: 42.7%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€8k-€6k▼ 23.9%
Equity€-81k-€39k€36k▼ 7.8%€35k▼ 4.3%€33k▼ 4.4%
Operating result€-10k-€123k€-3k€-1k▲ 50.4%€-1k▲ 2.4%
Net result€-14k-€120k€-3k€-2k▲ 48.5%€-2k▲ 2.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2025 against €1k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €88k
Fixed assets
€61k=
Current assets
€27k▲ 31.5%
Equity and liabilities €88k
Equity
€33k▼ 4.4%
Debt
€55k▲ 17.1%
The debt ratio rises from 57.3% to 62.2%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
37.8%▼
2024 · 42.7%
ROE
-4.6%▼
2024 · -4.5%
ROA
-1.8%▲
2024 · -1.9%
Debt
€55k▲
2024 · €47k
Debt ≤ 1 year
€16k▲
2024 · €8k
Debt > 1 year
€39k=
2024 · €39k
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€81k€88k▲
Fixed assets21/28€61k€61k=
Financial fixed assets28€61k€61k=
Current assets29/58€20k€27k▲
Amounts receivable within one year40/41€16k€24k▲
Other amounts receivable41€16k€24k▲
Cash at bank and in hand54/58€5k€3k▼
Equity and liabilities
Total equity and liabilities10/49€81k€88k▲
Equity10/15€35k€33k▼
Contributions10/11€59k€59k=
Profit (loss) carried forward14€-24k€-26k▼
Amounts payable17/49€47k€55k▲
Amounts payable after more than one year17€39k€39k=
Financial debts170/4€39k€39k=
Amounts payable within one year42/48€8k€16k▲
Other amounts payable47/48€8k€16k▲
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€1k€1k▼
Gross operating margin9900€-1k€-1k▲
Operating profit (loss)9901€-1k€-1k▲
Financial charges65/66B€115€115=
Recurring financial charges65€115€115=
Profit (loss) for the period before taxes9903€-2k€-2k▲
Profit (loss) for the period9904€-2k€-2k▲
Profit (loss) for the period to be appropriated9905€-2k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-24k€-26k▼
Profit (loss) brought forward from the previous period14P€-22k€-24k▼
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
Next filing, fiscal year 2026, expected by
2026
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
31-12
Financial
Back to profitnet €120k
Net result €120k after 4 loss-making years.
31-12
Financial
Liquidity times 393current ratio 48.08
Current ratio from 0.12 to 48.08; short-term debt falls from €60k to €1k.
22-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 144 days late
2021
31-12
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
02-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 33 days late
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 4 days late
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, Messancy · 1 establishment unit since 2009
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 la Source,Guelff 506782 MessancyGround area
2,807 m²
Building footprint
276 m²
Volume, LiDAR
1,609 m³
2 parcels, Wallonia · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TOPLA / TOTAAL PLAATSING / TOTAL PLACEMENT
since 20092.178.099.366
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92046B0022/00K000 | Wallonia | 2,120 m² | 1 · 162 m² | 6.6 m · 1 fl. |
| 81008A1032/03A000 | Wallonia | 688 m² | 1 · 114 m² | 10.6 m · 3 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.
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Of 24,727 companies in sector 64210 we hold annual accounts for 19,759. 9,100 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-04-2009
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
47527Retail trade
47540Retail sale of electrical household appliances
47551Retail sale of household furniture
47591Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.