TOPS MR
ActiveSummary
TOPS MR has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9k and a net result of €8k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 18400 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability60▼-3
Solvency35▲+9
Growth31▲+1
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Retail trade (NACE 47)
about 45% more bankruptcies
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 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
13 d late
2024
54 d late
2023
30 d late
2022
51 d late
2021
30 d late
2020
10 d late
2019
3 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€489k▲ 8.1%
2024 · €452k
2018: €541khighest in 8 years
2019: €437k▼ -19.2% vs 2018lowest in 8 years
2020: €517k▲ +18.3% vs 2019
2021: €531k▲ +2.7% vs 2020
2022: €503k▼ -5.4% vs 2021
2023: €460k▼ -8.4% vs 2022
2024: €452k▼ -1.7% vs 2023
2025: €489k▲ +8.1% vs 2024
2018 → 2025
EBIT margin
1.8%▲ 0.5pp
2024 · 1.3%
2018: 3.2%highest in 8 years
2019: 0.8%▼ -73.9% vs 2018
2020: -3.9%▼ -562% vs 2019lowest in 8 years
2021: 0.3%▲ +109% vs 2020
2022: 3.2%▲ +817% vs 2021
2023: -1.5%▼ -146% vs 2022
2024: 1.3%▲ +192% vs 2023
2025: 1.8%▲ +37.2% vs 2024
2018 → 2025
Net result
€8k▲ 39.7%
2024 · €6k
2018: €14k
2019: €738▼ -94.7% vs 2018
2020: €-23k▼ -3283% vs 2019lowest in 8 years
2021: €-2k▲ +92.4% vs 2020
2022: €16k▲ +974% vs 2021highest in 8 years
2023: €-7k▼ -145% vs 2022
2024: €6k▲ +185% vs 2023
2025: €8k▲ +39.7% vs 2024
2018 → 2025
Working capital
€-22k
2024 · €190
2018: €7k
2019: €10k▲ +32.0% vs 2018highest in 8 years
2020: €-17k▼ -277% vs 2019
2021: €-18k▼ -3.0% vs 2020
2022: €-1k▲ +94.1% vs 2021
2023: €-7k▼ -559% vs 2022
2024: €190▲ +103% vs 2023
2025: €-22k▼ -11507% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€531k-€503k▼ 5.4%€460k▼ 8.4%€452k▼ 1.7%€489k▲ 8.1%
2021: €531khighest in 5 years
2022: €503k▼ -5.4% vs 2021
2023: €460k▼ -8.4% vs 2022
2024: €452k▼ -1.7% vs 2023lowest in 5 years
2025: €489k▲ +8.1% vs 2024
Equity€-14k-€2k€-5k€771€9k▲ 1,073%
2021: €-14klowest in 5 years
2022: €2k▲ +113% vs 2021
2023: €-5k▼ -387% vs 2022
2024: €771▲ +115% vs 2023
2025: €9k▲ +1073% vs 2024highest in 5 years
Operating result€2k-€16k▲ 767%€-7k€6k€9k▲ 48.4%
2021: €2k
2022: €16k▲ +767% vs 2021highest in 5 years
2023: €-7k▼ -142% vs 2022lowest in 5 years
2024: €6k▲ +190% vs 2023
2025: €9k▲ +48.4% vs 2024
Net result€-2k-€16k€-7k€6k€8k▲ 39.7%
2021: €-2k
2022: €16k▲ +974% vs 2021highest in 5 years
2023: €-7k▼ -145% vs 2022lowest in 5 years
2024: €6k▲ +185% vs 2023
2025: €8k▲ +39.7% vs 2024
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 48% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €90k
Fixed assets
€31k ▲ 5,187%
Current assets
€60k ▲ 0.4%
Equity and liabilities €90k
Equity
€9k ▲ 1,073%
Debt
€81k ▲ 37.3%
Debt's share of the balance-sheet total falls from 98.7% to 90.0%. Equity and debt are higher.
Key figures and ratios
Current ratio
0.73▼
2024 · 1.00
Quick ratio
0.12▲
2024 · 0.06
Debt to equity
9.01
ROE
91.5%
ROA
9.1%▼
2024 · 9.8%
Debt ≤ 1 year
€81k▲
2024 · €59k
Income taxes
€621
Staff costs
€1k▲
2024 · €771
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€60k€90k▲
Fixed assets21/28€581€31k▲
Tangible fixed assets22/27€581€31k▲
Furniture and vehicles24€581€31k▲
Current assets29/58€60k€60k▲
Stocks and contracts in progress3€56k€50k▼
Stocks30/36€56k€50k▼
Amounts receivable within one year40/41-€2k
Other amounts receivable41-€2k
Cash at bank and in hand54/58€4k€8k▲
Equity and liabilities
Total equity and liabilities10/49€60k€90k▲
Equity10/15€771€9k▲
Contributions10/11€6k€6k=
Outside capital11€6k-
Other1109/19€6k-
Reserves13€360€360=
Non-distributable reserves130/1€360€360=
Reserves not available under the articles1311€360€360=
Profit (loss) carried forward14€-6k€2k▲
Amounts payable17/49€59k€81k▲
Amounts payable within one year42/48€59k€81k▲
Trade debts44€47k€75k▲
Suppliers440/4€47k€75k▲
Taxes, remuneration and social security45€2k€1k▼
Taxes450/3€618€831▲
Remuneration and social security454/9€2k€209▼
Other amounts payable47/48€10k€6k▼
Income statement
Code20242025
Turnover70€452k€489k▲
Goods, raw materials, services and sundry goods60/61€443k€477k▲
Remuneration, social security and pensions62€771€1k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k-
Other operating charges640/8€1k€1k▼
Gross operating margin9900€9k€12k▲
Operating profit (loss)9901€6k€9k▲
Financial charges65/66B€157€123▼
Recurring financial charges65€157€123▼
Profit (loss) for the period before taxes9903€6k€9k▲
Income taxes67/77-€621
Profit (loss) for the period9904€6k€8k▲
Profit (loss) for the period to be appropriated9905€6k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€2k▲
Profit (loss) brought forward from the previous period14P€-12k€-6k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €531k | €503k | €460k | €452k | €489k | ▲ 8.1% |
| Goods, raw materials, services and sundry goods60/61 | €512k | €495k | €464k | €443k | €477k | ▲ 7.7% |
| Remuneration, social security and pensions62 | €16k | €5k | - | €771 | €1k | ▲ 90.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €1k | €1k | €1k | - | - |
| Other operating charges640/8 | €897 | €2k | €2k | €1k | €1k | ▼ 4.6% |
| Gross operating margin9900 | €20k | €25k | €-4k | €9k | €12k | ▲ 26.1% |
| Operating profit (loss)9901 | €2k | €16k | €-7k | €6k | €9k | ▲ 48.4% |
| Financial charges65/66B | €4k | €426 | €188 | €157 | €123 | ▼ 21.7% |
| Recurring financial charges65 | €4k | €426 | €188 | €157 | €123 | ▼ 21.7% |
| Profit (loss) for the period before taxes9903 | €-2k | €16k | €-7k | €6k | €9k | ▲ 50.2% |
| Income taxes67/77 | - | - | - | - | €621 | - |
| Profit (loss) for the period9904 | €-2k | €16k | €-7k | €6k | €8k | ▲ 39.7% |
| Profit (loss) for the period to be appropriated9905 | €-2k | €16k | €-7k | €6k | €8k | ▲ 39.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €65k | €62k | €54k | €60k | €90k | ▲ 50.6% |
| Fixed assets21/28 | €4k | €3k | €2k | €581 | €31k | ▲ 5,187% |
| Tangible fixed assets22/27 | €4k | €3k | €2k | €581 | €31k | ▲ 5,187% |
| Furniture and vehicles24 | €4k | €3k | €2k | €581 | €31k | ▲ 5,187% |
| Current assets29/58 | €61k | €59k | €52k | €60k | €60k | ▲ 0.4% |
| Stocks and contracts in progress3 | €55k | €55k | €51k | €56k | €50k | ▼ 9.9% |
| Stocks30/36 | €55k | €55k | €51k | €56k | €50k | ▼ 9.9% |
| Amounts receivable within one year40/41 | - | €188 | €499 | - | €2k | - |
| Other amounts receivable41 | - | €188 | €499 | - | €2k | - |
| Cash at bank and in hand54/58 | €6k | €3k | €479 | €4k | €8k | ▲ 108% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €65k | €62k | €54k | €60k | €90k | ▲ 50.6% |
| Equity10/15 | €-14k | €2k | €-5k | €771 | €9k | ▲ 1,073% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Capital10 | €6k | €6k | €6k | - | - | - |
| Issued capital100 | €19k | €19k | €19k | - | - | - |
| Uncalled capital101 | €12k | €12k | €12k | - | - | - |
| Outside capital11 | - | - | - | €6k | - | - |
| Other1109/19 | - | - | - | €6k | - | - |
| Reserves13 | €360 | €360 | €360 | €360 | €360 | = |
| Non-distributable reserves130/1 | €360 | €360 | €360 | €360 | €360 | = |
| Legal reserve130 | €360 | €360 | €360 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €360 | €360 | = |
| Profit (loss) carried forward14 | €-20k | €-5k | €-12k | €-6k | €2k | ▲ 143% |
| Amounts payable17/49 | €79k | €60k | €59k | €59k | €81k | ▲ 37.3% |
| Amounts payable within one year42/48 | €79k | €60k | €59k | €59k | €81k | ▲ 37.3% |
| Trade debts44 | €72k | €53k | €54k | €47k | €75k | ▲ 58.5% |
| Suppliers440/4 | €72k | €53k | €54k | €47k | €75k | ▲ 58.5% |
| Taxes, remuneration and social security45 | €7k | €4k | €3k | €2k | €1k | ▼ 55.5% |
| Taxes450/3 | €3k | €1k | €605 | €618 | €831 | ▲ 34.5% |
| Remuneration and social security454/9 | €4k | €3k | €3k | €2k | €209 | ▼ 87.8% |
| Other amounts payable47/48 | - | €3k | €2k | €10k | €6k | ▼ 42.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-2k | €16k | €-7k | €6k | €8k | ▲ 39.7% |
| + Depreciation and write-downs630 | €1k | €1k | €1k | €1k | - | - |
| Operating cash flow (approximation) | €-512 | €17k | €-6k | €7k | €8k | ▲ 17.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €-30k | - |
| Change in cash | - | €-3k | €-3k | €3k | €4k | ▲ 23.5% |
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
Next filing, fiscal year 2026, expected by
2026
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 54 days late
2024
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
20-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 51 days late
2022
31-12
Financial
Back to profitnet €16k
Net result €16k after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2020
31-12
Financial
Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 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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Directors · office · real estate
Directors
11 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, La Louvière · 1 establishment unit since 2015
Ground area
275 m²
Building footprint
52 m²
Volume, LiDAR
528 m³
Parcel 55019B0847/00A002, Wallonia · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BLUE NIGHT SHOP
since 20152.241.787.784
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55019B0847/00A002 | Wallonia | 275 m² | 1 · 52 m² | 12.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLa Louvière2.241.787.784
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Of 10,510 companies in sector 47110 we hold annual accounts for 5,851. 3,340 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-01-2015
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
47120Other non-specialised retail sale
47690Retail sale of other cultural and recreation goods
77229Renting and leasing of other personal and household goods
Scores and ratios are computed by Checked and are not a credit decision.