TOPRAS
InactiveInactive; last annual accounts for fiscal year 2022.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-06-2023 close31-01-2024 deadline27-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2022 was due by 31-01-2023 and was filed on 23-10-2022, 100 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
100 d early
2021
6 d early
2020
5 d early
2019
3 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 29 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2022, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€18,074
2021 · -€4,549
Working capital
€23,858▲ 321%
2021 · €5,664
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2019202020212022
Operating result-€19,802--€18,878▲ 4.7%-€4,392▲ 76.7%€18,216
Net result-€20,888--€14,043▲ 32.8%-€4,549▲ 67.6%€18,074
Equity€24,539-€10,497▼ 57.2%€5,948▼ 43.3%€24,022▲ 304%
Total assets€66,222-€55,490▼ 16.2%€54,435▼ 1.9%€64,055▲ 17.7%
Debt€41,683-€44,993▲ 7.9%€48,487▲ 7.8%€40,034▼ 17.4%
Working capital€21,747-€10,213▼ 53.0%€5,664▼ 44.5%€23,858▲ 321%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €18,216 after a loss of €4,392 in 2021, the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €64,055
Fixed assets
€164 ▼ 42.3%
Current assets
€63,892 ▲ 18.0%
Equity and liabilities €64,055
Equity
€24,022 ▲ 304%
Debt
€40,034 ▼ 17.4%
Debt's share of the balance-sheet total falls from 89.1% to 62.5%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
1.60▲
2021 · 1.12
Quick ratio
1.35▲
2021 · 0.93
Debt to equity
1.67
ROE
75.2%▲
2021 · -76.5%
ROA
28.2%▲
2021 · -8.4%
Debt ≤ 1 year
€40,034▼
2021 · €48,487
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,016 | €2,508 | - | - | - |
| Other operating charges640/8 | - | - | - | €1,013 | - |
| Gross operating margin9900 | -€13,637 | -€16,243 | -€3,917 | €19,229 | ▲ 591% |
| Operating profit (loss)9901 | -€19,802 | -€18,878 | -€4,392 | €18,216 | ▲ 515% |
| Financial income75/76B | - | - | - | €1 | - |
| Recurring financial income75 | - | €5,010 | - | €1 | - |
| Financial charges65/66B | - | - | - | €143 | - |
| Recurring financial charges65 | €410 | €174 | €157 | €143 | ▼ 9.0% |
| Profit (loss) for the period before taxes9903 | -€20,212 | -€14,043 | -€4,549 | €18,074 | ▲ 497% |
| Income taxes67/77 | €676 | - | - | - | - |
| Profit (loss) for the period9904 | -€20,888 | -€14,043 | -€4,549 | €18,074 | ▲ 497% |
| Profit (loss) for the period to be appropriated9905 | -€20,888 | -€14,043 | -€4,549 | €18,074 | ▲ 497% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €66,222 | €55,490 | €54,435 | €64,055 | ▲ 17.7% |
| Fixed assets21/28 | €2,792 | €284 | €284 | €164 | ▼ 42.3% |
| Tangible fixed assets22/27 | €2,508 | - | - | - | - |
| Financial fixed assets28 | €284 | €284 | €284 | €164 | ▼ 42.3% |
| Current assets29/58 | €63,430 | €55,206 | €54,151 | €63,892 | ▲ 18.0% |
| Stocks and contracts in progress3 | €4,957 | €6,422 | €8,885 | €9,909 | ▲ 11.5% |
| Stocks30/36 | - | - | - | €9,909 | - |
| Amounts receivable within one year40/41 | €53,271 | €45,972 | €43,903 | €47,890 | ▲ 9.1% |
| Trade receivables40 | - | - | - | €47,890 | - |
| Cash at bank and in hand54/58 | €5,194 | €2,812 | €1,363 | €6,094 | ▲ 347% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €66,222 | €55,490 | €54,435 | €64,055 | ▲ 17.7% |
| Equity10/15 | €24,539 | €10,497 | €5,948 | €24,022 | ▲ 304% |
| Contributions10/11 | €6,197 | €6,197 | - | €6,197 | - |
| Reserves13 | €14,254 | €14,254 | €14,254 | €14,254 | = |
| Non-distributable reserves130/1 | - | - | - | €14,254 | - |
| Other1319 | - | - | - | €14,254 | - |
| Profit (loss) carried forward14 | €4,088 | -€9,955 | -€14,503 | €3,570 | ▲ 125% |
| Amounts payable17/49 | €41,683 | €44,993 | €48,487 | €40,034 | ▼ 17.4% |
| Amounts payable within one year42/48 | €41,683 | €44,993 | €48,487 | €40,034 | ▼ 17.4% |
| Trade debts44 | €10,480 | €7,600 | €12,689 | €7,028 | ▼ 44.6% |
| Suppliers440/4 | - | - | - | €7,028 | - |
| Taxes, remuneration and social security45 | - | - | - | €1,182 | - |
| Taxes450/3 | - | - | - | €1,182 | - |
| Other amounts payable47/48 | - | - | - | €31,824 | - |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€20,888 | -€14,043 | -€4,549 | €18,074 | ▲ 497% |
| + Depreciation and write-downs630 | €5,016 | €2,508 | - | - | - |
| Operating cash flow (approximation) | -€15,871 | -€11,534 | -€4,549 | €18,074 | ▲ 497% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €120 | - |
| Change in cash | - | -€2,382 | -€1,449 | €4,731 | ▲ 426% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2022
23-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
30-06
Financial
Back to profitnet €18,074
Net result €18,074 after 3 loss-making years.
25-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
26-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
28-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
27-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
28-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
13-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
04-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 4 days late
2014
13-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 13 days late
2013
25-07
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
1 ownerChain of control
- ARNAUD
- TOPRAS
Highest known parent: ARNAUD. The sources do not say who stands above it.
Owners 1
- ARNAUDparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.