TOPTECH BELGIUM
TOPTECH BELGIUM has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27k and a net result of €-17k. Equity is growing by ~18.3% per year across the filed fiscal years. Its solvency ranks better than 74% of 866 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
| Equity | €27k |
| Net result | €-17k |
| Better than sector | 74% |
| Active | 16 yrs |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 60.7% | 32.6% | |
| Net result | €-17k | €13k | |
| Equity | €27k | €176k | |
| Gross operating margin | €-8k | €168k | |
| Staff costs | €197 | €173k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €-9k | - | €6k | €10k | €37k |
| Net profit | €-17k | €14k | €-678 | €3k | €34k |
| Cash flow | €-10k | - | €6k | €7k | €34k |
| Staff costs | €197 | - | - | - | - |
| Income taxes | - | €4k | €0 | €3k | €3k |
| Dividends | - | - | - | - | - |
| Total assets | €45k | €55k | €40k | €37k | €35k |
| Equity | €27k | €44k | €30k | €31k | €28k |
| Debt | €18k | €11k | €10k | €6k | €8k |
| of which ≤ 1y | €18k | €11k | €10k | €6k | €8k |
| of which > 1y | - | - | - | - | - |
| Working capital | €16k | €37k | €20k | €15k | €19k |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 1.88 | 4.29 | 2.99 | 3.40 | 3.51 |
| Quick ratio | 1.88 | 4.29 | 2.99 | 3.40 | 3.51 |
| Working capital ratio | 34.7% | 67.0% | 50.5% | 39.7% | 53.6% |
| Solvency | 60.7% | 79.6% | 74.6% | 83.5% | 78.7% |
| Debt / equity | 0.65 | 0.26 | 0.34 | 0.20 | 0.27 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | -9.66 | - | 19.19 | 113.15 | 583.02 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -37.5% | 24.9% | -1.7% | 7.8% | 96.5% |
| ROE | -61.8% | 31.3% | -2.2% | 9.4% | 122.7% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €45k | €55k | €40k | €37k | €35k |
| Fixed assets | 21/28 | €12k | €7k | €10k | €16k | €9k |
| Tangible fixed assets | 22/27 | €11k | €7k | €10k | €16k | €9k |
| Financial fixed assets | 28 | €110 | €110 | €110 | - | - |
| Current assets | 29/58 | €33k | €48k | €31k | €21k | €27k |
| Amounts receivable within one year | 40/41 | €12k | €16k | €9k | €5k | €7k |
| Cash & bank | 54/58 | €20k | €32k | €21k | €15k | €20k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €45k | €55k | €40k | €37k | €35k |
| Equity | 10/15 | €27k | €44k | €30k | €31k | €28k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k | €19k |
| Reserves | 13 | €3k | €3k | €3k | €3k | - |
| Accumulated profits (losses) | 14 | €6k | €23k | €9k | €10k | €9k |
| Amounts payable | 17/49 | €18k | €11k | €10k | €6k | €8k |
| Amounts payable within one year | 42/48 | €18k | €11k | €10k | €6k | €8k |
| Trade debts payable within one year | 44 | €6k | €11k | €10k | €4k | €4k |
| Income statement | ||||||
| Gross operating margin | 9900 | €-8k | €17k | €8k | €11k | €48k |
| Operating result | 9901 | €-16k | €17k | €-374 | €6k | €37k |
| Financial income | 75 | €4 | - | €18 | €0 | €0 |
| Financial charges | 65 | €940 | - | €321 | €88 | €64 |
| Result before taxes | 9903 | €-17k | €17k | €-678 | €6k | €37k |
| Income taxes | 67/77 | - | €4k | €0 | €3k | €3k |
| Net result for the period | 9904 | €-17k | €14k | €-678 | €3k | €34k |
| Result to be appropriated | 9905 | €-17k | €14k | €-678 | €3k | €34k |
| NACE primary | Fitness centres(93130) |
| Legal form | Private limited company(610) |
| Incorporation | 10-06-2010 |
| Status | Active |
| Postal code | 1120 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21819D0202/00B003 | Brussels | 833 m² | 1 · 487 m² | 22.8 m · 5 fl. |
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
25-02-2022 All shares are now held by a single shareholder
Technical details
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}26-01-2022 Transaction in capital or shares
Technical details
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}| Legal nameFR | TOPTECH BELGIUM |