Tops Solutions
ActiveSummary
Tops Solutions has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €233,012 and a net result of €113,403. Equity is growing by ~43.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+6
Solvency79▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21,000 at 30 days acceptable
Liquidity ample (current ratio 1.84 against 2.84 in 2023; short-term debt: 25% and cash: 37% of total assets), and 46.1% of the assets are financed with debt.
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Signals
Two 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
42 d early
2024
37 d early
2023
1 d early
2022
31 d late
2021
31 d late
2020
41 d late
2019
118 d 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 20 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
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. Usually files around 31 July (4 of the last 5 filed years within 37 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Equity
€233,012▲ 41.6%
2023 · €164,609
Total assets
€432,046▲ 31.3%
2023 · €329,121
Net result
€113,403▲ 71.7%
2023 · €66,040
Working capital
€90,693▼ 21.1%
2023 · €114,888
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€20,181€32,093€64,860▲ 102%€95,743▲ 47.6%€156,022▲ 63.0%
Net result-€22,370below the sector's middle half€28,300within the sector's middle half€44,141within the sector's middle half▲ 56.0%€66,040above the sector's middle half▲ 49.6%€113,403above the sector's middle half▲ 71.7%
Equity€26,128below the sector's middle half▼ 46.1%€54,428within the sector's middle half▲ 108%€98,568within the sector's middle half▲ 81.1%€164,609above the sector's middle half▲ 67.0%€233,012above the sector's middle half▲ 41.6%
Total assets€185,953within the sector's middle half▼ 19.8%€206,317within the sector's middle half▲ 11.0%€266,648within the sector's middle half▲ 29.2%€329,121above the sector's middle half▲ 23.4%€432,046above the sector's middle half▲ 31.3%
Debt€159,825▼ 12.8%€151,889▼ 5.0%€168,080▲ 10.7%€164,512▼ 2.1%€199,034▲ 21.0%
Working capital-€319below the sector's middle half€20,345within the sector's middle half€58,009within the sector's middle half▲ 185%€114,888within the sector's middle half▲ 98.1%€90,693within the sector's middle half▼ 21.1%
Solvency14.1%below the sector's middle half▼ 6.9pp26.4%below the sector's middle half▲ 12.3pp37.0%within the sector's middle half▲ 10.6pp50.0%within the sector's middle half▲ 13.0pp53.9%within the sector's middle half▲ 3.9pp
Current ratio0.99below the sector's middle half▼ 0.761.66within the sector's middle half▲ 0.672.03within the sector's middle half▲ 0.372.84within the sector's middle half▲ 0.811.84within the sector's middle half▼ 1.00
Return on assets (ROA)-12.0%below the sector's middle half▼ 21.3pp13.7%within the sector's middle half▲ 25.7pp16.6%within the sector's middle half▲ 2.8pp20.1%within the sector's middle half▲ 3.5pp26.2%within the sector's middle half▲ 6.2pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 63% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €432,046
Fixed assets
€233,408 ▲ 53.8%
Current assets
€198,639 ▲ 12.0%
Equity and liabilities €432,046
Equity
€233,012 ▲ 41.6%
Debt
€199,034 ▲ 21.0%
Debt's share of the balance-sheet total falls from 50.0% to 46.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€159,117▲
2023 · €98,465
Cash flow
€116,498▲
2023 · €68,762
Debt to equity
0.85▼
2023 · 1.00
ROE
48.7%▲
2023 · 40.1%
Interest coverage
37.88▲
2023 · 29.66
Debt ≤ 1 year
€107,946▲
2023 · €62,467
Debt > 1 year
€90,319▼
2023 · €100,038
Income taxes
€39,507▲
2023 · €26,402
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €4,868 | - | - | €393 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,957 | €4,170 | €3,984 | €2,722 | €3,095 | ▲ 13.7% |
| Other operating charges640/8 | - | - | - | - | €1,415 | - |
| Non-recurring operating charges66A | - | - | - | - | €44,687 | - |
| Gross operating margin9900 | -€15,224 | €36,263 | €68,844 | €98,465 | €205,219 | ▲ 108% |
| Operating profit (loss)9901 | -€20,181 | €32,093 | €64,860 | €95,743 | €156,022 | ▲ 63.0% |
| Financial income75/76B | - | - | - | €19 | €1,089 | ▲ 5,631% |
| Recurring financial income75 | €248 | - | - | €19 | €1,089 | ▲ 5,631% |
| Financial charges65/66B | - | €2,813 | €3,018 | €3,320 | €4,200 | ▲ 26.5% |
| Recurring financial charges65 | €2,437 | €2,813 | €3,018 | €3,320 | €4,200 | ▲ 26.5% |
| Profit (loss) for the period before taxes9903 | -€22,370 | €29,280 | €61,842 | €92,442 | €152,910 | ▲ 65.4% |
| Income taxes67/77 | - | €980 | €17,701 | €26,402 | €39,507 | ▲ 49.6% |
| Profit (loss) for the period9904 | -€22,370 | €28,300 | €44,141 | €66,040 | €113,403 | ▲ 71.7% |
| Profit (loss) for the period to be appropriated9905 | -€22,370 | €28,300 | €44,141 | €66,040 | €113,403 | ▲ 71.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €185,953 | €206,317 | €266,648 | €329,121 | €432,046 | ▲ 31.3% |
| Fixed assets21/28 | €156,705 | €155,094 | €152,165 | €151,766 | €233,408 | ▲ 53.8% |
| Tangible fixed assets22/27 | €155,590 | €153,979 | €151,050 | €150,651 | €112,293 | ▼ 25.5% |
| Land and buildings22 | - | €145,500 | €144,000 | €142,500 | €100,000 | ▼ 29.8% |
| Plant, machinery and equipment23 | - | €4,620 | €5,674 | €4,786 | €2,565 | ▼ 46.4% |
| Furniture and vehicles24 | - | €3,859 | €1,376 | €3,365 | €9,728 | ▲ 189% |
| Financial fixed assets28 | €1,115 | €1,115 | €1,115 | €1,115 | €121,115 | ▲ 10,762% |
| Current assets29/58 | €29,248 | €51,223 | €114,483 | €177,355 | €198,639 | ▲ 12.0% |
| Amounts receivable within one year40/41 | €1,337 | €326 | €5,297 | €29,711 | €37,508 | ▲ 26.2% |
| Trade receivables40 | - | - | - | €21,968 | €36,419 | ▲ 65.8% |
| Other amounts receivable41 | - | €326 | €5,297 | €7,743 | €1,090 | ▼ 85.9% |
| Cash at bank and in hand54/58 | €27,911 | €50,897 | €109,186 | €147,644 | €159,892 | ▲ 8.3% |
| Deferred charges and accrued income490/1 | - | - | - | - | €1,238 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €185,953 | €206,317 | €266,648 | €329,121 | €432,046 | ▲ 31.3% |
| Equity10/15 | €26,128 | €54,428 | €98,568 | €164,609 | €233,012 | ▲ 41.6% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Capital10 | - | - | €12,400 | €12,400 | - | - |
| Issued capital100 | - | - | €18,600 | €18,600 | - | - |
| Uncalled capital101 | - | - | €6,200 | €6,200 | - | - |
| Reserves13 | €36,098 | €42,028 | €86,168 | €152,209 | €152,209 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | - | - |
| Legal reserve130 | - | - | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | - | - | - | - |
| Distributable reserves133 | - | €40,168 | €84,308 | €150,349 | €152,209 | ▲ 1.2% |
| Profit (loss) carried forward14 | -€22,370 | €0 | - | - | €68,403 | - |
| Amounts payable17/49 | €159,825 | €151,889 | €168,080 | €164,512 | €199,034 | ▲ 21.0% |
| Amounts payable after more than one year17 | €128,257 | €119,004 | €109,599 | €100,038 | €90,319 | ▼ 9.7% |
| Financial debts170/4 | - | €119,004 | €109,599 | €100,038 | €90,319 | ▼ 9.7% |
| Amounts payable within one year42/48 | €29,567 | €30,878 | €56,474 | €62,467 | €107,946 | ▲ 72.8% |
| Current portion of amounts payable after more than one year42 | - | €9,252 | €9,405 | - | €9,719 | - |
| Financial debts43 | - | - | - | €9,561 | €6,894 | ▼ 27.9% |
| Credit institutions430/8 | - | - | - | €9,561 | - | - |
| Other loans439 | - | - | - | - | €6,894 | - |
| Trade debts44 | €10,568 | €11,787 | €11,716 | €5,604 | €3,651 | ▼ 34.9% |
| Suppliers440/4 | - | €11,787 | €11,716 | €5,604 | €3,651 | ▼ 34.9% |
| Taxes, remuneration and social security45 | - | €9,839 | €29,619 | €37,606 | €35,698 | ▼ 5.1% |
| Taxes450/3 | - | €9,839 | €29,619 | €37,606 | €35,698 | ▼ 5.1% |
| Other amounts payable47/48 | - | - | €5,734 | €9,696 | €51,984 | ▲ 436% |
| Accrued charges and deferred income492/3 | - | €2,007 | €2,007 | €2,007 | €770 | ▼ 61.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€22,370 | €28,300 | €44,141 | €66,040 | €113,403 | ▲ 71.7% |
| + Depreciation and write-downs630 | €4,957 | €4,170 | €3,984 | €2,722 | €3,095 | ▲ 13.7% |
| Operating cash flow (approximation) | -€17,413 | €32,470 | €48,125 | €68,762 | €116,498 | ▲ 69.4% |
| Investment in fixed assets (approximation) | - | -€2,559 | -€1,055 | -€2,323 | -€84,736 | ▼ 3,548% |
| Change in cash | - | €22,986 | €58,289 | €38,458 | €12,248 | ▼ 68.2% |
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
19-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €113,403 ▲71.7%
Operating result €156,022, net result €113,403, both a record.
31-12
Financial
Equity above €200,000Eq €233,012 ▲41.6%
4 profitable years in a row build equity to €233,012.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150,000Eq €164,609 ▲67%
3 profitable years in a row build equity to €164,609.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €28,300
Net result €28,300 after one loss-making year.
10-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 41 days late
2020
31-12
Financial
Weakest financial yearnet -€22,370
Net result drops to -€22,370, the lowest in the series; recovery starts the following year.
26-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 118 days late
Show earlier events
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
01-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Antwerpen · 1 establishment unit since 2015
Ground area
225 m²
Building footprint
123 m²
Volume, LiDAR
1,106 m³
Parcel 11003A0356/00S010, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Tops Solutions
since 20152.243.361.263
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11003A0356/00S010 | Flanders | 225 m² | 1 · 123 m² | 11.8 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.
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Of 29,996 companies in sector 62200 we hold annual accounts for 18,397. 14,360 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
Founded02-06-2015
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID
0208:0631686071
Also
9925:BE0631686071
Registered
04-06-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.