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TOPSPIN

Active
Public limited companyfounded 1993active for 33 yearsLange Akker 14, 9240 Zele, BelgiumKBO/BCE: BE 0451.287.550
Summary

TOPSPIN has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €315,586 and a net result of -€13,899. Equity has been growing by about 24% per year since 2019. Its solvency ranks better than 37% of 4,800 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 29-10-1993 Normal situation
Activity
Cafés and bars NACE 56301and 2 others
Joint committee
302 Paritair Comité voor het hotelbedrijf · annual accounts 30-09-2025
Establishment unit
2.065.078.827 9240 Zele, since 12-01-1994
Financial year end
30 September
Peppol
Reachable since 08-01-2026

Board and ownership

Board

Financial position

82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts to 30-09-2025
Gross margin
€190,077
▲ 15.5%
Turnover
≈ €550,000
estimated
Loss
€13,899
▼ 22.1%
Equity
€315,586
▼ 4.2%
Total assets
€1.8m
▲ 5.7%
Employees on 30-09-2025
7
▲ 40.0%
  • 2025 accounts filed 28 days after the deadline
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Equity €315,586 (17.7% of total assets)lowers riskSize: 2.7 FTE, total assets €1.8mFounded in 1993Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 41% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Average
Solvency 43-2
equity 17.7% of total assets
Liquidity 46+14
short-term debt 53.3% · cash 18.7%
Profitability 67=
return on assets -0.8%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,779 companies, NACE 56, micro)
Last 24 months 12-2024: 0.3%lowest value 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.4%▲ +0.1 percentage points vs 03-2025 05-2025: 0.6%▲ +0.2 percentage points vs 04-2025 06-2025: 0.5%▼ -0.1 percentage points vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.6%▲ +0.1 percentage points vs 03-2026 05-2026: 1.0%▲ +0.4 percentage points vs 04-2026 06-2026: 1.2%▲ +0.2 percentage points vs 05-2026highest value 07-2026: 0.4%▼ -0.8 percentage points vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.38 (0.25 in 2024), below 1. Short-term debt is 53.3% and cash 18.7% of total assets. 82.3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 40% of them on solvency, 42% on liquidity, 46% on profitability and 36% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Equity €315,586 (17.7% of total assets)
NBB · annual accounts
lowers risk · Size: 2.7 FTE, total assets €1.8m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1993
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€13,899
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-05-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
28 days late
2024
23 days late
2023
1 day early
2022
on the day
2021
11 days late
2020
31 days late
2019
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 17 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 11 May (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end03-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 7 loss-making years in a rowloss in financial year 2025 -€13,899 View
  • Positive: 2nd largest company by total assets in Zele, Accommodation and food service…in the Checked rankings No. 2 View

Recent changes

  1. · Gazette deed Merger proposal: TOPSPIN takes over NV TENNISCENTRUM TOPSPIN
  2. · Gazette deed Capital increase of €350,000 to €555,000Resignation: IVENS Anneleen Gerda Jan Patrick (director) · Reappointment: Wauman Goldelieve (director) · Appointment: Ivens Robert (director)
  3. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as TOPSPIN: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €1.2m and €2.7m, founded between 1972 and 2007.

CompanyTotal assetsGross margin
TOPSPIN Zele€1.8m€0.2m
FREDDY JULLIEN Froidchapelle€1.4m€0.3m
HEKRI Hasselt€1.4m€0.4m
ETABLISSEMENTS GORTS FRERES Mouscron€1.2m€0.3m
GREENROOM.BE Steenokkerzeel€1.3m€0.2m
vzw EVA Jeugd en Sport Mol Mol€1.3m€0.2m
CHELLE & CHELLE GLOBAL PARTNERS Ninove€2.7m€0.2m
Full comparison

Key facts about TOPSPIN

What is the company number of TOPSPIN?
The company number of TOPSPIN is 0451.287.550. The VAT number is the same number with BE in front: BE 0451.287.550.
Where is TOPSPIN based?
The registered office is at Lange Akker 14, 9240 Zele.Company details
What does TOPSPIN do?
According to the KBO register, the main activity is cafés and bars (NACE 56301).
What is the legal form of TOPSPIN?
The legal form of TOPSPIN is Public limited company (NV).
When was TOPSPIN founded?
TOPSPIN was founded on 29-10-1993.
Is TOPSPIN still active?
Yes, TOPSPIN is an active enterprise in the KBO register.
How many employees does TOPSPIN have?
TOPSPIN had an average of 2.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does TOPSPIN fall under?
In its 30-09-2025 annual accounts, TOPSPIN states joint committee 302 (Paritair Comité voor het hotelbedrijf).
What is the turnover of TOPSPIN?
The turnover in financial year 2025 is ≈ €550,000. This figure is estimated from the gross margin of €190,077 and 46 comparable companies (NACE 56301). It probably lies between €450,000 and €720,000.
Is TOPSPIN profitable?
In financial year 2025, TOPSPIN made a loss of €13,899.
Where can I find the annual accounts of TOPSPIN?
TOPSPIN filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TOPSPIN due?
TOPSPIN must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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