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TOPPER A.M.

Active
Private limited companyfounded 2002active for 23 yearsKomvest 23, 8000 Brugge, BelgiumKBO/BCE: BE 0479.169.409
Summary

TOPPER A.M. has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €341,192 and a net result of €166,120. Equity remains stable across the filed financial years (±1.5% per year). Its solvency ranks better than 34% of 836 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

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TOPPER A.M.ActiveChecked score 93/100
Risk analysis ReportCompare

Overview

Activity
Driving schools for cars and motorcycles
NACE 85531
6 sites
Size
≈ €2.1mturnover 2025, estimated
Staff
14.5 FTE
Equity
€341,192
Profit
€166,120
Turnover estimated from the gross margin
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
ARMATOP · 99.12%
2025 accounts 16 days early1 of 4 deeds summarised
Why 93raises risk1 of the last 3 latelowers riskLiquidity: current ratio 1.24, cash €429,910Sector: Education (NACE 85)Equity €341,192 (37.2% of total assets)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 60% of its sector peers (NACE 85, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 62-2
equity 37.2% of total assets
Liquidity 72-3
short-term debt 54.8% · cash 46.9%
Profitability 91-2
return on assets 18.1%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (624 companies, NACE 85, small)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025highest value 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.24, compared with 1.42 in 2024, below the usual 1.5; short-term debt: 54.8% and cash: 46.9% of total assets), and 62.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 85, small): better than 32% on solvency, 66% on liquidity, 95% on profitability and 49% on growth.

The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.24, cash €429,910
NBB · annual accounts
raises risk · 1 of the last 3 late
NBB · filings
lowers risk · Sector: Education (NACE 85)
KBO
lowers risk · Equity €341,192 (37.2% of total assets)
NBB · annual accounts
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
16 days early
2024
7 days early
2023
31 days late
2022
30 days late
2021
30 days late
2020
16 days late
2019
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 29 days after the deadline; the sector median (NACE 85) for financial year 2024 is 16 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (4 of the last 5 filed years within 37 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Key points

  • Positive: 8 profitable years in a rowprofit 2025: €166,120 8 years View
  • Controlled by ARMATOP 99.12% View
  • Among the largest 15% on gross marginsector median €148,606 · 580 companies €1.2m View
  • Flemish supportawarded from 2022 to 2025 €77,940 View

By topic

Financials

Financial year
2025
Total assets
€917,359
Profit
€166,120
Solvency
37.2%
Total assets▲ 7.6%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Parent
ARMATOP · 99.12%
  • Anne-Marie BultinckDirector
  • ARMATOPDirector
Go to Board & ownership

Timeline

Events
26
Since
2004
Next accounts
by 31-07-2027
  1. 08-01-2024Resignations: Anne-Marie Bultinck (statutory director) and ARMATOP…
  2. 31-12-2023Highest result from 2018 to 2025
  3. 30-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
6
Legal form
Private limited company
Activity
Driving schools for cars and motorcyclesNACE 85531
Founded
24-12-2002
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
14
Annual meeting
Third Saturday of May at 17:00
Purpose
“Het uitbaten en of oprichten van autorijscholen en motorrijscholen in de meest uitgebreide…” (deed in Dutch)
Go to Articles of association

Key facts about TOPPER A.M.

What is the company number of TOPPER A.M.?
0479.169.409. In Belgium the VAT number is the company number with BE in front: BE 0479.169.409.
Where is TOPPER A.M. based?
The registered office is at Komvest 23, 8000 Brugge.Company details
What does TOPPER A.M. do?
According to the KBO register, the main activity is driving schools for cars and motorcycles (NACE 85531).
What is the legal form of TOPPER A.M.?
Private limited company (BV).
When was TOPPER A.M. founded?
On 24-12-2002.
Is TOPPER A.M. still active?
Yes, TOPPER A.M. is an active enterprise in the KBO register.
How many employees does TOPPER A.M. have?
On average 14.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of TOPPER A.M.?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is TOPPER A.M. profitable?
In financial year 2025, TOPPER A.M. made a profit of €166,120.
Where can I find the annual accounts of TOPPER A.M.?
TOPPER A.M. filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TOPPER A.M. due?
By 31-07-2027, for financial year 2026.Timeline

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