TOPS
ActiveTOPS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37k and a net result of €7k. Equity is growing by ~8% per year across the filed fiscal years. Its solvency ranks better than 67% of 198 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +48 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▲+93
Solvency98▼-1
Growth52=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.3 against 2.77 in 2024), and 40.9% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 13
Relative position
BE, all sectors
reference
Sector 13
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
59.1%
Return on assets
11%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
6 d early
2023
86 d late
2022
6 d early
2021
48 d early
2020
60 d early
2019
61 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€37k▲ 22.8%
2024 · €30k
2018: €13k
2019: €24k
2020: €33k
2021: €34k
2022: €39k
2023: €39k
2024: €30k
2018 → 2025
Total assets
€63k▲ 33.1%
2024 · €47k
2018: €52k
2019: €40k
2020: €52k
2021: €40k
2022: €46k
2023: €54k
2024: €47k
2018 → 2025
Net result
€7k
2024 · €-9k
2018: €17k
2019: €11k
2020: €9k
2021: €826
2022: €5k
2023: €283
2024: €-9k
2018 → 2025
Working capital
€34k▲ 24.2%
2024 · €27k
2018: €859
2019: €14k
2020: €26k
2021: €27k
2022: €33k
2023: €34k
2024: €27k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€34k-€39k▲ 14.2%€39k▲ 0.7%€30k▼ 22.1%€37k▲ 22.8%
Operating result€8k-€10k▲ 15.1%€2k▼ 81.1%€-8k€12k
Net result€826-€5k▲ 481%€283▼ 94.1%€-9k€7k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €12k after a loss of €8k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €63k
Fixed assets
€4k▼ 27.8%
Current assets
€59k▲ 40.2%
Equity and liabilities €63k
Equity
€37k▲ 22.8%
Debt
€26k▲ 51.4%
The debt ratio rises from 36.0% to 40.9%: debt grows faster than equity.
Key figures and ratios
EBITDA
€14k▲
2024 · €-7k
Cash flow
€8k▲
2024 · €-7k
Solvency
59.1%▼
2024 · 64.0%
Current ratio
2.30▼
2024 · 2.77
Quick ratio
2.30▼
2024 · 2.77
Debt / equity
0.69▲
2024 · 0.56
ROE
18.6%▲
2024 · -28.4%
ROA
11.0%▲
2024 · -18.2%
Interest coverage
103.00▲
2024 · -43.45
Debt
€26k▲
2024 · €17k
Debt ≤ 1 year
€26k▲
2024 · €15k
Income taxes
€5k▲
2024 · €474
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€47k€63k▲
Fixed assets21/28€5k€4k▼
Tangible fixed assets22/27€5k€4k▼
Land and buildings22€5k€4k▼
Current assets29/58€42k€59k▲
Amounts receivable within one year40/41€18k€0▼
Trade receivables40€18k€0▼
Cash at bank and in hand54/58€24k€59k▲
Deferred charges and accrued income490/1€514€0▼
Equity and liabilities
Total equity and liabilities10/49€47k€63k▲
Equity10/15€30k€37k▲
Contributions10/11€19k€19k=
Reserves13€20k€20k=
Distributable reserves133€20k€20k=
Profit (loss) carried forward14€-9k€-2k▲
Amounts payable17/49€17k€26k▲
Amounts payable within one year42/48€15k€26k▲
Trade debts44€277€1k▲
Suppliers440/4€277€1k▲
Taxes, remuneration and social security45€771€6k▲
Taxes450/3€771€6k▲
Other amounts payable47/48€14k€19k▲
Accrued charges and deferred income492/3€2k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€5k€2k▼
Gross operating margin9900€-2k€16k▲
Operating profit (loss)9901€-8k€12k▲
Financial income75/76B-€2
Recurring financial income75-€2
Financial charges65/66B€152€134▼
Recurring financial charges65€152€134▼
Profit (loss) for the period before taxes9903€-8k€12k▲
Income taxes67/77€474€5k▲
Profit (loss) for the period9904€-9k€7k▲
Profit (loss) for the period to be appropriated9905€-9k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€-2k▲
Profit (loss) brought forward from the previous period14P-€-9k
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (7 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-9k ▼3134%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
25-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 86 days late
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 5.47
Current ratio from 2.33 to 5.47; short-term debt falls from €19k to €6k.
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
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, Oud-Turnhout · 1 establishment unit since 2007
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.
Eendendreef 52360 Oud-TurnhoutGround area
2,138 m²
Building footprint
235 m²
Volume, LiDAR
1,551 m³
Parcel 13482F1174/00M003, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Eendendreef 5, 2360 Oud-Turnhout
since 20072.166.460.059
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13482F1174/00M003 | Flanders | 2,138 m² | 1 · 235 m² | 11.3 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
RCS LAKWERKEN
BE 0661.935.027
Bree · Eq €36k
LGK Confection
BE 1000.444.439
Chièvres · Eq €44k
LABO21
BE 0741.420.191
Eghezée · Eq €30k
C.J. DESIGN
BE 0460.262.822
Houyet · Eq €46k
GARNIWAT
BE 0423.263.953
Halen · Eq €49k
Of 137 companies in sector 13960 we hold annual accounts for 83. 34 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded02-11-2007
Fiscal year end31-12
Activities, NACEBEL
13960Manufacture of textiles
17540
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
51160
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.