TOPTEL-DATA
ActiveSummary
TOPTEL-DATA has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €338,150 and a net result of €19,227. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 95% of 7097 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▼-9
Solvency100=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 42.1; short-term debt: 2.4% and cash: 5.8% of total assets), and 2.4% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
97.6%
Return on assets
5.5%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €338,150
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 11-05-2026, 81 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
81 d early
2024
64 d early
2023
65 d early
2022
66 d early
2021
62 d early
2020
12 d early
2019
17 d early
← 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 52 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% 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.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€338,150▲ 6.0%
2024 · €318,923
Total assets
€346,506▲ 7.9%
2024 · €321,190
Net result
€19,227▼ 52.7%
2024 · €40,635
Working capital
€338,024▲ 6.5%
2024 · €317,267
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€18,906▼ 197%-€25,209▼ 33.3%-€18,795▲ 25.4%€29,725€9,778▼ 67.1%
Net result-€11,609below the sector's middle half▲ 60.4%-€27,050below the sector's middle half▼ 133%-€18,678below the sector's middle half▲ 31.0%€40,635within the sector's middle half€19,227within the sector's middle half▼ 52.7%
Equity€324,016above the sector's middle half▼ 3.5%€296,966above the sector's middle half▼ 8.3%€278,288above the sector's middle half▼ 6.3%€318,923above the sector's middle half▲ 14.6%€338,150above the sector's middle half▲ 6.0%
Total assets€347,167above the sector's middle half▼ 3.3%€317,734within the sector's middle half▼ 8.5%€291,599within the sector's middle half▼ 8.2%€321,190within the sector's middle half▲ 10.1%€346,506above the sector's middle half▲ 7.9%
Debt€23,151▼ 0.3%€20,769▼ 10.3%€13,310▼ 35.9%€2,267▼ 83.0%€8,356▲ 269%
Working capital€331,860above the sector's middle half▼ 4.2%€292,252above the sector's middle half▼ 11.9%€274,958above the sector's middle half▼ 5.9%€317,267above the sector's middle half▲ 15.4%€338,024above the sector's middle half▲ 6.5%
Solvency93.3%above the sector's middle half▼ 0.2pp93.5%above the sector's middle half▲ 0.1pp95.4%above the sector's middle half▲ 2.0pp99.3%above the sector's middle half▲ 3.9pp97.6%above the sector's middle half▼ 1.7pp
Current ratio36.08above the sector's middle half▼ 12.1615.07above the sector's middle half▼ 21.0121.66above the sector's middle half▲ 6.5942.10above the sector's middle half
Return on assets (ROA)-3.3%below the sector's middle half▲ 4.8pp-8.5%below the sector's middle half▼ 5.2pp-6.4%below the sector's middle half▲ 2.1pp12.7%within the sector's middle half▲ 19.1pp5.5%within the sector's middle half▼ 7.1pp
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 67% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €346,506
Fixed assets
€258 ▼ 84.4%
Current assets
€346,248 ▲ 8.4%
Equity and liabilities €346,506
Equity
€338,150 ▲ 6.0%
Debt
€8,356 ▲ 269%
Debt's share of the balance-sheet total rises from 0.7% to 2.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€11,176▼
2024 · €31,399
Cash flow
€20,624▼
2024 · €42,309
Debt to equity
0.02▲
2024 · 0.01
ROE
5.7%▼
2024 · 12.7%
Interest coverage
10.99▼
2024 · 153.81
Debt ≤ 1 year
€8,224▲
2024 · €2,267
Income taxes
€34▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 31,349 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,245 | €1,926 | €2,383 | €1,674 | €1,397 | ▼ 16.5% |
| Other operating charges640/8 | - | €62 | €675 | €62 | €62 | = |
| Gross operating margin9900 | -€16,662 | -€23,221 | -€15,737 | €31,461 | €11,238 | ▼ 64.3% |
| Operating profit (loss)9901 | -€18,906 | -€25,209 | -€18,795 | €29,725 | €9,778 | ▼ 67.1% |
| Financial income75/76B | €7,695 | €8,430 | €3,815 | €11,114 | €10,500 | ▼ 5.5% |
| Recurring financial income75 | €7,695 | €8,430 | €3,815 | €11,114 | €10,500 | ▼ 5.5% |
| Financial charges65/66B | €398 | €10,270 | €3,697 | €204 | €1,017 | ▲ 398% |
| Recurring financial charges65 | €398 | €10,270 | €3,697 | €204 | €1,017 | ▲ 398% |
| Profit (loss) for the period before taxes9903 | -€11,609 | -€27,050 | -€18,678 | €40,635 | €19,261 | ▼ 52.6% |
| Income taxes67/77 | - | - | €0 | €0 | €34 | - |
| Profit (loss) for the period9904 | -€11,609 | -€27,050 | -€18,678 | €40,635 | €19,227 | ▼ 52.7% |
| Profit (loss) for the period to be appropriated9905 | -€11,609 | -€27,050 | -€18,678 | €40,635 | €19,227 | ▼ 52.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €347,167 | €317,734 | €291,599 | €321,190 | €346,506 | ▲ 7.9% |
| Fixed assets21/28 | €5,848 | €4,714 | €3,330 | €1,656 | €258 | ▼ 84.4% |
| Tangible fixed assets22/27 | €5,848 | €4,714 | €3,330 | €1,656 | €258 | ▼ 84.4% |
| Plant, machinery and equipment23 | €1,852 | €2,028 | €1,952 | €851 | €26 | ▼ 96.9% |
| Furniture and vehicles24 | €2,524 | €1,951 | €1,378 | €805 | €232 | ▼ 71.2% |
| Other tangible fixed assets26 | €1,471 | €736 | €0 | €0 | €0 | - |
| Current assets29/58 | €341,319 | €313,020 | €288,269 | €319,535 | €346,248 | ▲ 8.4% |
| Amounts receivable within one year40/41 | €7,177 | €16,867 | €9,270 | €13,398 | €5,701 | ▼ 57.4% |
| Trade receivables40 | €3,389 | €10,991 | €2,557 | €10,672 | €2,451 | ▼ 77.0% |
| Other amounts receivable41 | €3,787 | €5,877 | €6,713 | €2,725 | €3,250 | ▲ 19.2% |
| Current investments50/53 | €1,500 | €79,267 | €268,662 | €284,013 | €318,539 | ▲ 12.2% |
| Cash at bank and in hand54/58 | €332,569 | €216,556 | €10,128 | €22,039 | €20,191 | ▼ 8.4% |
| Deferred charges and accrued income490/1 | €73 | €330 | €208 | €85 | €1,818 | ▲ 2,039% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €347,167 | €317,734 | €291,599 | €321,190 | €346,506 | ▲ 7.9% |
| Equity10/15 | €324,016 | €296,966 | €278,288 | €318,923 | €338,150 | ▲ 6.0% |
| Contributions10/11 | €97,992 | €97,992 | €97,992 | €97,992 | €97,992 | = |
| Reserves13 | €237,633 | €198,974 | €180,296 | €220,931 | €240,158 | ▲ 8.7% |
| Non-distributable reserves130/1 | €3,719 | €3,719 | €3,719 | €3,719 | €3,719 | = |
| Reserves not available under the articles1311 | €3,719 | €3,719 | €3,719 | €3,719 | €3,719 | = |
| Distributable reserves133 | €233,914 | €195,255 | €176,577 | €217,212 | €236,439 | ▲ 8.9% |
| Profit (loss) carried forward14 | -€11,609 | - | - | - | - | - |
| Amounts payable17/49 | €23,151 | €20,769 | €13,310 | €2,267 | €8,356 | ▲ 269% |
| Amounts payable after more than one year17 | €13,692 | - | - | - | - | - |
| Financial debts170/4 | €13,692 | - | - | - | - | - |
| Amounts payable within one year42/48 | €9,459 | €20,769 | €13,310 | €2,267 | €8,224 | ▲ 263% |
| Trade debts44 | €3,365 | €16,355 | €9,652 | - | €7,477 | - |
| Suppliers440/4 | €3,365 | €16,355 | €9,652 | - | €7,477 | - |
| Taxes, remuneration and social security45 | €1,661 | €4 | €3,614 | €970 | €507 | ▼ 47.7% |
| Taxes450/3 | - | €4 | €792 | €970 | €507 | ▼ 47.7% |
| Remuneration and social security454/9 | €1,661 | - | €2,822 | - | - | - |
| Other amounts payable47/48 | €4,433 | €4,410 | €45 | €1,297 | €240 | ▼ 81.5% |
| Accrued charges and deferred income492/3 | - | - | - | - | €132 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€11,609 | -€27,050 | -€18,678 | €40,635 | €19,227 | ▼ 52.7% |
| + Depreciation and write-downs630 | €2,245 | €1,926 | €2,383 | €1,674 | €1,397 | ▼ 16.5% |
| Operating cash flow (approximation) | -€9,365 | -€25,124 | -€16,294 | €42,309 | €20,624 | ▼ 51.3% |
| Investment in fixed assets (approximation) | - | -€793 | -€999 | €0 | €0 | - |
| Change in cash | - | -€116,013 | -€206,428 | €11,910 | -€1,848 | ▼ 116% |
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
11-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €40,635
Net result €40,635 after 4 loss-making years.
31-12
Financial
Liquidity times 7current ratio 140.93
Current ratio from 21.66 to 140.93; short-term debt falls from €13,310 to €2,267.
27-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€29,316
Net result drops to -€29,316, the lowest in the series; recovery starts the following year.
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Lummen · 1 establishment unit since 2002
Ground area
1,273 m²
Building footprint
243 m²
Volume, LiDAR
1,516 m³
Parcel 71037C0250/00G000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IsaLix
since 20022.101.594.080
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71037C0250/00G000 | Flanders | 1,273 m² | 1 · 243 m² | 9.8 m · 2 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.
Recognitions · licences · registrations
Legal Entity Identifier
6994001R2DMFXD1BRU54
Similar companies · same sector, comparable size
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STUDIO PICOBELLO
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MAAS COMMUNICATIE
BE 0438.720.211
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Foyer Culturel De Florennes
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Florennes · Eq €335,544
Of 9,864 companies in sector 73110 we hold annual accounts for 3,758. 2,472 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
Founded04-02-2002
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
55202Accommodation
82990Other business support services
82100Office administrative and support services
93110Operation of sports facilities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0476821019
Also
9925:BE0476821019
Registered
29-08-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.