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TOPTECH SYSTEMS

Active
Public limited companyfounded 199531 years activeNieuwe Weg 1, 2070 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 0455.520.908
Summary

TOPTECH SYSTEMS has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.1m and a net result of €923,089. Equity is shrinking by ~19% per year across the filed fiscal years. Its solvency ranks better than 49% of 3,820 sector peers (NACE 70, fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Risk analysisWatch ReportCompare
TOPTECH SYSTEMSActiveChecked score 97/100
Risk analysis ReportCompare

History

On 21 June 1995, TOPTECH SYSTEMS was incorporated.1 In 2003 the registered office moved to Zwijndrecht.2 The name was changed to TOPTECH SYSTEMS in 2010.3 Of the 5 current board members, Manish B Patel has served longest, since 2022.4 Revenue went from €4.6m in 2018 to €5.8m in 2025 and headcount from 16 to 17.2 full-time equivalents.5

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 18-06-2003
  3. 3Belgian State Gazette, 07-10-2010
  4. 4Belgian State Gazette, 11-07-2022
  5. 5National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
02-07
State Gazette act Reappointment: Deloitte Bedrijfsrevisoren BV (statutory auditor)
2 facts ▸
  • General meeting, 04-06-2026
  • Auditor reappointment, Deloitte Bedrijfsrevisoren BV (statutory auditor)
02-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
12-06
State Gazette act Resignation: Jenna Michelle Myszak (director)
Appointment: Emmy Maria Sjogren (director) · Director discharge · Power of attorney6 facts ▸
  • Director resignation, Jenna Michelle Myszak (director)
  • Director appointment, Emmy Maria Sjogren (director)
  • Director discharge, Jenna Michelle Myszak (director)
  • Power of attorney, Vistra Corporate Services (Belgium) NV
  • Power of attorney, Didier Westen
  • Power of attorney, Pravienkoemar Mahabier
2025
31-12
Financial Equity above €2mEq €2.1m ▲77.3%
8 profitable years in a row build equity to €2.1m.
10-09
State Gazette act Appointment: David Vogl (managing director)
2 facts ▸
  • Board meeting, 17-06-2025
  • Director appointment, David Vogl (managing director)
03-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Equity above €1mEq €1.2m ▲351%
7 profitable years in a row build equity to €1.2m.
17-12
State Gazette act Resignations: Nicole Jung (director) and Manish Patel (director)
Appointments: Steven Hamelin (director) and David Vogl (director) · Mandate compensation7 facts ▸
  • General meeting, 19-11-2024
  • Director resignation, Nicole Jung (director)
  • Director resignation, Manish Patel (director)
  • Director appointment, Steven Hamelin (director)
  • Director appointment, David Vogl (director)
  • Mandate compensation, Steven Hamelin
  • Mandate compensation, David Vogl
04-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
22-11
State Gazette act Resignation: William K. Grogan (director)
Appointment: Nicole Jung (director) · Mandate compensation4 facts ▸
  • General meeting, 11-10-2023
  • Director resignation, William K. Grogan (director)
  • Director appointment, Nicole Jung (director)
  • Mandate compensation, Nicole Jung
18-10
State Gazette act Resignations & appointments
Power of attorney2 facts ▸
  • Board meeting, 18-08-2023
  • Power of attorney, Yemile Longoria
07-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
Show earlier events
2022
31-12
Financial Highest result since 2018net €1.3m ▲73.2%
Operating result €1.5m, net result €1.3m, both a record.
23-08
State Gazette act Reappointment: Deloitte Bedrijfsrevisoren BV (statutory auditor)
2 facts ▸
  • General meeting, 30-06-2022
  • Auditor reappointment, Deloitte Bedrijfsrevisoren BV
11-07
State Gazette act Resignations: Matthew Eisert, Bobby Pickett and 2 others
Appointments: Manish B Patel, William Kevin Grogan and Jenna Michelle Myszak · Mandate compensation11 facts ▸
  • General meeting, 17-05-2022
  • Director resignation, Matthew Eisert (director)
  • Director resignation, Bobby Pickett (director)
  • Director resignation, Bret Prybylski (director)
  • Director resignation, Brian Truesdale (director)
  • Director appointment, Manish B Patel (director)
  • Director appointment, William Kevin Grogan (director)
  • Director appointment, Jenna Michelle Myszak (director)
  • Mandate compensation, Manish B Patel
  • Mandate compensation, William Kevin Grogan
  • Mandate compensation, Jenna Michelle Myszak
01-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
15-06
State Gazette act Permanent representative: Franky Wevers
2 facts ▸
  • General meeting, 06-12-2021
  • Permanent representative, Franky Wevers (permanent representative)
2021
31-12
Financial Liquidity doublescurrent ratio 6.07
Current ratio from 3.02 to 6.07; short-term debt falls from €2.7m to €1.3m.
30-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
12-01
State Gazette act Reappointment: DELOITTE Bedrijfsrevisoren (statutory auditor)
2 facts ▸
  • General meeting, 28-06-2019
  • Auditor reappointment, DELOITTE Bedrijfsrevisoren (statutory auditor)
2020
31-12
Financial Weakest financial yearnet €386,111 ▼34.4%
Net result drops to €386,111, the lowest in the series; recovery starts the following year.
17-09
State Gazette act Appointments: Bret Alan Prybylski, Eisert Matthew and 2 others
Statutes amendment · Capital7 facts ▸
  • General meeting, 11-09-2020
  • Statutes amendment
  • Capital, €148.736,11
  • Director appointment, Bret Alan Prybylski (non-statutory director)
  • Director appointment, Eisert Matthew (non-statutory director)
  • Director appointment, Brian Truesdale (non-statutory director)
  • Director appointment, Bobby Pickett (non-statutory director)
06-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
28-02
State Gazette act Resignation: Arthur Laszlo (director)
Appointments: Brian Truesdale (director) and Matthew Eisert (director) · Mandate compensation6 facts ▸
  • General meeting, 09-01-2020
  • Director resignation, Arthur Laszlo (director)
  • Director appointment, Brian Truesdale (director)
  • Mandate compensation, Brian Truesdale
  • Director appointment, Matthew Eisert (director)
  • Mandate compensation, Matthew Eisert
22-01
State Gazette act Resignation: Eric Gasvoda (director)
Appointment: Bobby Pickett (director) · Mandate compensation4 facts ▸
  • General meeting, 30-09-2019
  • Director resignation, Eric Gasvoda (director)
  • Director appointment, Bobby Pickett (director)
  • Mandate compensation, Bobby Pickett
2019
31-12
Financial Equity above €5mEq €5.2m ▲12.7%
2 profitable years in a row build equity to €5.2m.
28-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
18-06
State Gazette act Appointment: Arthur Laszlo (director)
Mandate compensation3 facts ▸
  • General meeting, 23-05-2019
  • Director appointment, Arthur Laszlo (director)
  • Mandate compensation, Arthur Laszlo
18-06
State Gazette act Resignation: Kimberly Ann Fields (director)
2 facts ▸
  • General meeting, 02-04-2019
  • Director resignation, Kimberly Ann Fields (director)
18-06
State Gazette act Resignations: Neil David Brinker (director) and Steven Leonard Hamelin (director)
Appointments: Kimberly Ann Fields (director) and Bret Alan Prybylski (director) · Mandate compensation7 facts ▸
  • General meeting, 19-02-2019
  • Director resignation, Neil David Brinker (director)
  • Director resignation, Steven Leonard Hamelin (director)
  • Director appointment, Kimberly Ann Fields (director)
  • Mandate compensation, Kimberly Ann Fields
  • Director appointment, Bret Alan Prybylski (director)
  • Mandate compensation, Bret Alan Prybylski
2018
23-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
03-08
State Gazette act Resignation: Matthew Stillings (director)
Appointment: Neil David Brinker (director) · Mandate compensation4 facts ▸
  • General meeting, 23-06-2017
  • Director resignation, Matthew Stillings (director)
  • Director appointment, Neil David Brinker (director)
  • Mandate compensation, Neil David Brinker
06-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
06-12
State Gazette act Resignation: Brad Williams (director)
Appointment: Eric Gasvoda (director) · Mandate compensation · Power of attorney7 facts ▸
  • General meeting, 03-08-2016
  • Director resignation, Brad Williams (director)
  • Director appointment, Eric Gasvoda (director)
  • Mandate compensation, Eric Gasvoda
  • Board meeting, 03-08-2016
  • Power of attorney, Brad Williams
  • Power of attorney, Eric Gasvoda
2013
28-06
State Gazette act Resignation: Daniel Henk (director)
Appointment: Steven Leonard Hamelin (director)3 facts ▸
  • General meeting, 04-06-2013
  • Director resignation, Daniel Henk (director)
  • Director appointment, Steven Leonard Hamelin (director)
13-06
State Gazette act Resignation: Terrance Collins (director)
Appointment: Brad Williams (director)3 facts ▸
  • General meeting, 23-04-2013
  • Director resignation, Terrance Collins (director)
  • Director appointment, Brad Williams (director)
2012
02-05
State Gazette act Resignations: Kenneth Hessevick (director) and Kevin Hostetler (director)
Appointments: Matthew Stillings (director) and Daniel Henk (director) · Mandate compensation · Power of attorney12 facts ▸
  • General meeting, 12-03-2012
  • Director resignation, Kenneth Hessevick (director)
  • Director resignation, Kevin Hostetler (director)
  • Director appointment, Matthew Stillings (director)
  • Director appointment, Daniel Henk (director)
  • Mandate compensation, Matthew Stillings
  • Mandate compensation, Daniel Henk
  • Power of attorney, Raoul Cootjans
  • Board meeting, 12-03-2012
  • Power of attorney, Raoul Cootjans
  • Power of attorney, Raoul Cootjans
  • Power of attorney, Brad Williams
2011
03-08
State Gazette act Resignation: Gregg Williams (director)
Appointment: Kenneth J. Hessevick (director) · Mandate compensation7 facts ▸
  • General meeting, 11-05-2011
  • Director resignation, Gregg Williams (director)
  • Director appointment, Kenneth J. Hessevick (director)
  • Mandate compensation, Kenneth J. Hessevick
  • Board meeting, 11-05-2011
  • Director appointment, Kenneth J. Hessevick (managing director)
  • Mandate compensation, Kenneth J. Hessevick
2010
08-11
State Gazette act Appointment: Deloitte Bedrijfsrevisoren BV (statutory auditor)
2 facts ▸
  • General meeting, 07-05-2010
  • Auditor appointment, Deloitte Bedrijfsrevisoren BV (statutory auditor)
07-10
State Gazette act Purpose · Statutes amendment
Purpose change · Name change · Capital5 facts ▸
  • General meeting, 23-09-2010
  • Purpose change, De vennootschap heeft tot doel, zowel in België als in het buitenland, voor eigen rekening, voor rekening van derden of in deelneming met derden, alle verrichti…
  • Name change, TOPTECH SYSTEMS
  • Statutes amendment
  • Capital, €148.736,11
2009
18-08
State Gazette act Resignation: Michael Sherman (director)
Appointments: Terrance Collins (director) and Gregg Williams (director) · Mandate compensation6 facts ▸
  • General meeting, 24-06-2009
  • Director resignation, Michael Sherman (director)
  • Director appointment, Terrance Collins (director)
  • Director appointment, Gregg Williams (director)
  • Mandate compensation, Terrance Collins
  • Mandate compensation, Gregg Williams
2003
18-06
State Gazette act Appointment: Douglas Dunlap (managing director)
Registered-office move3 facts ▸
  • Board meeting, 12-05-2003
  • Registered-office move, Nieuwe Weg 1, 2070 Zwijndrecht
  • Director appointment, Douglas Dunlap (managing director)
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
26 of 26 acts read

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