TopsCare

Active

Private limited companyfounded 20206 yrs activeSchuttershof 17, 2440 Geel, BelgiumKBO/BCE: BE 0746.938.008

The computed 12-month bankruptcy probability of TopsCare is 1.6% (moderate). The 2025 annual accounts show equity of €71k and a net result of €32k. Equity is growing by ~24.4% per year across the filed fiscal years. Its solvency ranks better than 54% of 17987 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

86 / 100

Excellent▲ +5 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100▲+30

Solvency61▼-15

Growth78▲+26

Stability100

Bankruptcy probability, 12 months

1.6% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €6k at 30 days acceptable

Liquidity tight (current ratio 1.02 against 1.42 in 2024), and 60.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

39.1%

Return on assets

17.8%

Age of the figures

14 mo

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-01-2026, 12 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

12 d early

2024

18 d early

2023

41 d early

2022

1 d late

2021

46 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

30-06-2026 close14-09-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€71k▼ 7.8%

2024 · €77k

2021: €14k 2022: €41k 2023: €66k 2024: €77k

2021 → 2025

Total assets

€182k▲ 3.4%

2024 · €176k

2021: €20k 2022: €110k 2023: €135k 2024: €176k

2021 → 2025

Net result

€32k▲ 202%

2024 · €11k

2021: €11k 2022: €27k 2023: €25k 2024: €11k

2021 → 2025

Working capital

€1k▼ 93.0%

2024 · €21k

2021: €14k 2022: €35k 2023: €50k 2024: €21k

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€14k-€41k▲ 196%€66k▲ 62.1%€77k▲ 16.2%€71k▼ 7.8%

Operating result€15k-€36k▲ 131%€34k▼ 5.6%€17k▼ 50.6%€47k▲ 184%

Net result€11k-€27k▲ 139%€25k▼ 6.1%€11k▼ 57.8%€32k▲ 202%

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 recovers in 2025; 2025 is 184% above 2024 and is the highest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €182k

57.9%

42.1%

Fixed assets €105k▼ 0.4%

Current assets €77k▲ 9.1%

Equity and liabilities €182k

39.1%

60.9%

Equity €71k▼ 7.8%

Debt €111k▲ 12.1%

The debt ratio rises from 56.2% to 60.9%: debt grows while equity shrinks.

Key figures and ratios

2025 value · change against 2024

EBITDA

€58k▲

2024 · €24k

Cash flow

€43k▲

2024 · €18k

Solvency

39.1%▼

2024 · 43.8%

Current ratio

1.02▼

2024 · 1.42

Quick ratio

1.02▼

2024 · 1.42

Debt / equity

1.56▲

2024 · 1.28

ROE

45.6%▲

2024 · 13.9%

ROA

17.8%▲

2024 · 6.1%

Interest coverage

22.45▲

2024 · 7.89

Debt

€111k▲

2024 · €99k

Debt ≤ 1 year

€75k▲

2024 · €50k

Debt > 1 year

€36k▼

2024 · €49k

Income taxes

€12k▲

2024 · €3k

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€176k€182k▲

Fixed assets21/28€106k€105k▼

Tangible fixed assets22/27€106k€105k▼

Land and buildings22€90k€88k▼

Furniture and vehicles24€16k€17k▲

Current assets29/58€70k€77k▲

Amounts receivable within one year40/41€12k€3k▼

Other amounts receivable41€12k€3k▼

Cash at bank and in hand54/58€820€21k▲

Deferred charges and accrued income490/1€57k€53k▼

Equity and liabilities

Total equity and liabilities10/49€176k€182k▲

Equity10/15€77k€71k▼

Contributions10/11€3k€3k=

Profit (loss) carried forward14€74k€69k▼

Amounts payable17/49€99k€111k▲

Amounts payable after more than one year17€49k€36k▼

Financial debts170/4€49k€36k▼

Amounts payable within one year42/48€50k€75k▲

Current portion of amounts payable after more than one year42€15k€15k▲

Trade debts44€14k€28k▲

Suppliers440/4€14k€28k▲

Other amounts payable47/48€21k€32k▲

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€11k▲

Other operating charges640/8€222€291▲

Gross operating margin9900€24k€59k▲

Operating profit (loss)9901€17k€47k▲

Financial charges65/66B€3k€3k▼

Recurring financial charges65€3k€3k▼

Profit (loss) for the period before taxes9903€14k€45k▲

Income taxes67/77€3k€12k▲

Profit (loss) for the period9904€11k€32k▲

Profit (loss) for the period to be appropriated9905€11k€32k▲

Appropriation of the result

Profit (loss) to be appropriated9906€74k€107k▲

Profit (loss) brought forward from the previous period14P€64k€74k▲

Profit to be distributed694/7-€38k

Return on contributions (dividend)694-€38k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 7Financial 2Filings 5

Next filing, fiscal year 2026, expected by 31-01-2027

2026

19-01

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

30-06

Financial Highest result since 2021net €32k ▲202%

Operating result €47k, net result €32k, both a record.

13-01

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

30-06

Financial Weakest financial yearnet €11k ▼57.8%

Net result drops to €11k, the lowest in the series; recovery starts the following year.

2023

21-12

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

01-02

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 1 day late

2021

16-12

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated 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, Geel · 1 establishment unit since 2020

establishment The establishment unit on the map

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.

Schuttershof 172440 Geel

Ground area

826 m²

Building footprint

190 m²

Volume, LiDAR

733 m³

Parcel 13008H1452/00W002, Flanders · tallest building 8.5 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

TopsCare

Schuttershof 17, 2440 GeelWholesale trade

since 20202.303.394.860

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13008H1452/00W002	Flanders	826 m²	1 · 190 m²	8.5 m · 1 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.

Public money · subsidies and aid

Flemish government

2023 to 2025 · 3 entries · 1,140 EUR awarded · 1,695 EUR paid

Year	Entries	awarded	paid
2025	1	540 EUR	540 EUR
2024	1	600 EUR	600 EUR
2023	1	0 EUR	555 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

3 entries · 1,140 EUR · 1,695 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Profondeville · Eq €71k

STARLET INTERNATIONAL

BE 0679.778.275

Brussel · Eq €71k

Of 12,965 companies in sector 47120 we hold annual accounts for 2,177. 1,528 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded15-05-2020

Fiscal year end30-06

Activities, NACEBEL

47120Other non-specialised retail sale

47910Retail trade

86905Human health activities

86951Physiotherapy

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.