TOPWARE SYSTEMS

Active Public limited companyfounded 1994active for 32 yearsBroekstraat 22, 3300 TienenKBO/BCE: BE 0452.956.049

TOPWARE SYSTEMS

Financial year 2025

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Annual accounts 2025

abbreviated format, filed on 19-05-2026, 73 days before the deadline

€231,235

▼ 21.8%

€134,680

▼ 31.2%

€150,039

▼ 28.9%

€110,795

▼ 33.8%

57.3%

▲ 12.6 percentage points

1.48

▲ 0.37

Money flows

no detail for 2025

Balance sheet

balance sheet total €611,888 on 31-12-2025

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

57.3%

Higher than 64% of 9,902 companies in 2025.

1.48

Higher than 42% of 9,665 companies in 2025.

15.6%

Higher than 85% of 9,780 companies in 2025.

TOPWARE SYSTEMS Middle half of the sector 80% of the sector Abbreviated accounts in wholesale trade (NACE 46)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: bottom quarter

Staff

€94,358

Staff costs divided by the average number of full-time equivalents.

-1 person

people who joined people who left

In 2025, nobody joined and 1 person left.

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	611,888	570,476	523,201	513,050	589,726	608,306	566,456	511,734	600,471	583,737	601,366	572,365	572,371	317,086	252,824	314,810	259,803	215,591	115,143	102,406
`21/28`	340,972	353,826	361,614	362,339	386,272	342,651	367,356	357,017	386,848	418,064	442,205	394,161	388,858	35,543	57,394	51,534	-	72,479	33,572	46,111
`21`	579	2,310	4,049	14,174	24,835	26,800	36,565	4,826	7,754	13,509	9,975	159	634	632	107	213	-	250	500	-
`22/27`	272,908	284,031	297,580	288,179	301,452	315,851	330,791	352,191	379,094	404,554	432,230	394,002	386,911	33,375	55,751	50,825	81,938	71,733	32,576	45,615
`22`	263,557	269,339	277,482	287,443	300,004	312,565	325,127	337,688	350,250	362,811	375,373	387,148	381,445	-	-	-	-	-	-	-
`23`	-	0	65	233	402	1,696	2,990	1,857	2,702	2,530	4,142	5,282	3,424	3,324	3,887	7,740	12,423	7,806	4,594	6,274
`24`	9,351	14,692	20,033	503	1,047	1,590	596	6,575	26,142	39,213	52,715	1,572	2,042	30,051	51,864	43,085	69,515	63,927	27,982	39,342
`26`	-	-	-	-	-	-	2,079	6,071	-	-	-	-	-	-	-	-	-	-	-	-
`28`	67,485	67,485	59,985	59,985	59,985	-	-	-	-	-	-	-	1,313	1,536	1,536	496	496	496	496	496
`29/58`	270,916	216,650	161,587	150,710	203,454	265,655	199,100	154,717	213,624	165,674	159,161	178,204	183,513	281,543	195,430	263,276	177,369	143,112	81,571	56,295
`29`	-	-	-	-	-	-	-	-	-	-	1,896	3,699	5,415	6,758	8,600	-	-	-	-	-
`291`	-	-	-	-	-	-	-	-	-	-	1,896	3,699	5,415	6,758	8,600	-	-	-	-	-
`3`	5,683	10,106	5,561	16,239	11,615	12,070	6,985	14,667	17,413	-	-	16,257	1,000	6,000	6,000	7,666	7,666	7,666	11,066	6,566
`30/36`	5,683	10,106	5,561	16,239	11,615	12,070	6,985	14,667	17,413	-	-	16,257	1,000	1,000	1,000	1,066	1,066	1,066	1,066	1,066
`37`	-	-	-	-	-	-	-	-	-	-	-	-	-	5,000	5,000	6,600	6,600	6,600	10,000	5,500
`40/41`	223,459	117,463	107,601	92,832	168,440	141,390	172,481	91,935	127,661	114,421	135,779	68,607	83,403	112,300	172,032	142,799	85,720	91,764	36,338	49,729
`40`	117,481	109,387	99,063	81,978	161,937	141,390	172,481	91,935	121,131	114,421	134,436	68,607	80,864	109,570	152,737	130,600	77,251	91,764	34,545	49,729
`41`	105,977	8,076	8,538	10,854	6,503	-	-	-	6,530	-	1,343	-	2,539	2,730	19,295	12,199	8,469	-	1,794	-
`50/53`	-	-	-	-	0	56,503	1,503	-	-	-	-	-	-	-	-	-	-	-	-	-
`54/58`	41,074	88,100	45,479	39,537	16,167	55,303	15,968	47,237	68,049	51,203	21,486	84,641	93,695	156,485	8,798	112,811	83,983	43,682	34,167	-
`490/1`	700	981	2,946	2,103	7,233	389	2,163	877	500	50	-	5,000	-	-	-	-	-	-	-	-
Balance sheet: equity and liabilities
`10/49`	611,888	570,476	523,201	513,050	589,726	608,306	566,456	511,734	600,471	583,737	601,366	572,365	572,371	317,086	252,824	314,810	259,803	215,591	115,143	102,406
`10/15`	350,790	255,354	129,359	46,345	125,666	216,675	179,518	163,904	210,498	213,197	218,349	215,290	160,666	172,145	140,439	113,894	159,241	103,892	33,697	26,363
`10/11`	219,350	219,350	219,350	219,350	219,350	219,352	219,352	203,917	196,200	182,782	170,065	170,065	119,210	119,490	107,200	68,600	-	68,600	18,592	18,592
`10`	219,350	219,350	219,350	219,350	219,350	-	-	-	-	-	-	-	-	-	-	-	68,600	-	-	-
`100`	219,350	219,350	219,350	219,350	219,350	219,352	219,352	219,350	219,350	219,350	219,350	219,350	154,350	205,800	205,800	68,600	68,600	68,600	18,592	18,592
`101`	-	-	-	-	-	-	-	15,433	23,150	36,568	49,285	49,285	35,140	86,310	98,600	-	-	-	-	-
`13`	40,776	36,004	35,277	35,770	36,263	36,756	37,249	37,742	38,050	38,432	38,894	39,035	34,592	34,592	31,828	23,228	23,228	23,228	16,368	12,709
`130/1`	24,257	19,485	18,759	18,759	18,759	18,759	8,600	8,600	8,600	8,600	8,600	8,600	8,600	8,600	8,600	-	-	-	-	-
`130`	15,657	10,885	10,159	10,159	10,159	-	10,159	10,159	10,159	10,159	10,159	9,909	9,624	9,624	6,860	6,860	6,860	6,860	-	-
`1311`	8,600	8,600	8,600	8,600	8,600	10,159	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`1319`	-	-	-	-	-	8,600	8,600	8,600	8,600	8,600	8,600	8,600	8,600	8,600	8,600	-	-	-	-	-
`132`	16,519	16,519	16,519	17,011	17,504	17,997	18,490	18,983	19,291	19,673	20,135	20,526	16,368	16,368	16,368	16,368	16,368	16,368	16,368	12,709
`14`	90,664	0	-125,269	-208,775	-129,947	-39,433	-77,083	-77,755	-23,751	-8,016	9,390	6,190	6,864	18,063	1,411	22,066	67,413	12,064	-1,263	-4,938
`16`	-	-	0	207	414	621	828	1,035	1,428	1,666	1,903	2,141	-	-	-	-	-	-	-	-
`168`	-	-	0	207	414	621	828	1,035	1,428	1,666	1,903	2,141	-	-	-	-	-	-	-	-
`17/49`	261,098	315,122	393,842	466,498	463,646	391,009	386,111	346,794	388,545	368,874	381,114	354,934	411,705	144,941	112,385	200,916	100,562	111,699	81,446	76,044
`17`	78,488	120,945	162,410	111,833	139,282	177,413	166,834	191,375	256,401	260,108	293,520	276,834	298,833	19,648	34,216	19,868	37,746	36,073	18,100	25,278
`170/4`	78,488	120,945	162,410	111,833	139,282	177,413	166,834	191,375	256,401	260,108	293,520	276,834	298,833	19,648	34,216	19,868	37,746	36,073	18,100	25,278
`42/48`	182,610	194,177	231,433	354,414	324,364	213,597	219,005	155,419	132,144	108,767	86,097	78,100	112,872	125,293	78,169	156,048	62,816	75,626	63,347	50,766
`42`	42,457	41,465	40,509	133,471	175,131	117,816	114,541	108,000	33,706	33,412	33,122	22,000	24,421	14,568	17,255	17,878	19,198	7,943	7,178	6,858
`43`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21,556	21,556
`430/8`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21,556	21,556
`44`	87,448	56,323	141,273	149,588	102,601	52,976	66,803	35,143	94,915	67,167	46,829	42,660	84,040	49,431	50,979	46,690	20,884	34,508	27,957	4,381
`440/4`	87,448	56,323	141,273	149,588	102,601	52,976	66,803	35,143	94,915	67,167	46,829	42,660	84,040	49,431	50,979	46,690	20,884	34,508	27,957	4,381
`45`	52,706	70,389	24,651	31,355	46,633	42,805	32,660	12,276	3,523	8,187	4,922	7,366	4,411	29,474	9,935	23,539	22,432	32,873	6,354	17,669
`450/3`	52,706	56,342	15,202	19,685	25,375	26,120	18,590	5,073	643	5,328	2,313	68	-	14,215	-	6,207	6,122	16,452	250	7,749
`454/9`	0	14,047	9,449	11,671	21,257	16,684	14,071	7,203	2,880	2,859	2,609	7,298	4,411	15,259	9,935	17,332	16,310	16,421	6,103	9,919
`47/48`	0	26,000	25,000	40,000	-	-	5,000	-	-	-	1,224	6,074	-	31,820	-	67,941	302	302	302	302
`492/3`	-	-	0	250	-	-	272	-	-	-	1,497	-	-	-	-	25,000	-	-	-	-
Income statement
`70`	-	-	-	-	-	722,075	648,543	552,266	516,119	616,506	667,186	-	458,441	-	-	-	-	-	-	-
`9900`	231,235	295,588	220,629	180,851	179,324	228,614	182,986	45,396	57,787	39,625	100,440	67,851	56,657	185,035	145,726	227,775	276,838	191,069	53,577	50,443
`60/61`	-	-	-	-	-	533,017	502,587	522,624	476,520	597,417	587,694	-	415,853	-	-	-	-	-	-	-
`62`	75,486	79,816	99,070	217,032	230,103	151,201	126,925	57,801	26,927	26,069	46,613	31,761	19,546	88,430	123,720	150,147	150,033	121,199	21,561	20,859
`630`	15,359	15,288	22,090	23,933	25,015	27,491	41,129	28,979	33,132	33,632	32,224	15,783	21,362	26,994	27,979	31,220	32,919	29,197	17,948	17,749
`631/4`	309	1,109	-	-	-	-	-	-	-	-17,541	554	-2,282	16,372	-	-	-	-	-	-	-
`640/8`	5,400	3,490	4,201	3,058	2,762	5,271	2,070	1,915	1,871	3,216	1,864	348	1,907	348	1,481	347	3,029	2,689	1,096	3,442
`66A`	-	-	0	4,502	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`9901`	134,680	195,884	95,268	-67,675	-78,556	44,650	12,862	-43,299	-4,142	-5,752	19,185	22,241	-2,530	69,263	-7,454	46,061	90,857	37,985	12,972	8,393
`75/76B`	2,745	103	11	2	553	6,575	1	61	926	426	367	936	1,271	338	483	5,542	-	1,404	84	4
`75`	2,745	103	11	2	553	6,575	1	61	926	426	367	936	1,271	338	483	5,542	505	1,404	84	4
`65/66B`	8,499	10,047	11,797	10,847	12,175	13,480	12,162	11,061	12,523	12,508	15,143	11,029	9,940	5,962	5,084	8,656	-	2,886	2,481	4,365
`65`	8,499	10,047	11,797	10,847	12,175	13,480	12,162	11,061	12,523	12,508	15,143	11,029	9,940	5,962	5,084	8,656	6,426	2,886	2,481	4,365
`9903`	128,927	185,940	83,481	-78,519	-90,178	37,746	702	-54,300	-15,739	-17,834	4,409	12,148	-11,199	63,639	-12,055	42,947	84,936	36,503	10,574	4,031
`780`	-	0	207	207	207	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`67/77`	33,490	33,945	674	1,009	1,036	795	730	404	616	273	364	163	-	12,403	-	17,706	29,587	16,316	3,240	1,955
`9904`	95,436	151,995	83,014	-79,321	-91,007	37,158	178	-54,497	-16,117	-17,869	4,283	9,844	-11,199	51,236	-12,055	25,241	55,349	20,187	7,334	2,076
`789`	-	0	493	493	493	493	493	493	462	462	462	462	-	-	-	-	-	-	-	-
`689`	-	-	-	-	-	-	-	-	80	-	70	4,621	-	-	-	-	-	-	3,659	-
`9905`	95,436	151,995	83,507	-78,828	-90,514	37,651	671	-54,004	-15,735	-17,407	4,675	5,685	-11,199	51,236	-12,055	25,241	55,349	20,187	3,675	2,076
Appropriation of the result
`9906`	95,436	26,727	-125,269	-208,775	-129,947	-39,433	-77,083	-77,755	-23,751	-8,016	10,865	12,549	6,864	52,647	10,011	92,654	67,413	18,924	-1,263	-4,938
`14P`	0	-125,269	-208,775	-129,947	-39,433	-	-	-	-	-	-	-	-	-	-	-	12,064	-	-	-
`691/2`	4,772	727	-	-	-	-	-	-	-	-	250	284	-	2,764	8,600	-	-	6,860	-	-
`6920`	4,772	727	-	-	-	-	-	-	-	-	250	284	-	2,764	-	-	-	6,860	-	-
`6921`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,600	-	-	-	-	-
`694/7`	0	26,000	-	-	-	-	-	-	-	-	1,225	6,075	-	31,820	-	70,588	-	-	-	-
`694`	0	21,000	-	-	-	-	-	-	-	-	-	-	-	-	-	70,588	-	-	-	-
`695`	-	-	-	-	-	-	-	-	-	-	1,225	6,075	-	31,820	-	-	-	-	-	-
`696`	0	5,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
`9087`	0.8	1	1.2	3	3.5	2.5	2.5	1	0.5	0.5	1.1	0.8	0.5	1.4	2	2.5	2.5	2.2	0.5	0.5
Hours worked`1013`	1,560	1,752	2,162	5,542	6,137	3,757	3,286	1,687	855	845	1,892	1,347	939	2,292	3,619	4,324	-	3,736	867	881
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 11 older financial years (1995-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 22 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 19-05-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	19-05-2026	2026-00116670	PDF
31-12-2024	abbreviated format	20-05-2025	2025-00100965	PDF
31-12-2023	abbreviated format	12-07-2024	2024-00250714	PDF
31-12-2022	abbreviated format	27-07-2023	2023-00275534	PDF
31-12-2021	abbreviated format	26-07-2022	2022-20231025	PDF
31-12-2020	abbreviated format	09-07-2021	2021-33300188	PDF
31-12-2019	micro format	30-07-2020	2020-37100592	PDF
31-12-2018	abbreviated format	30-07-2019	2019-41300242	PDF
31-12-2017	abbreviated format	31-07-2018	2018-42300150	PDF
31-12-2016	abbreviated format	31-07-2017	2017-40000381	PDF
31-12-2015	abbreviated format	27-07-2016	2016-37200046	PDF
31-12-2014	abbreviated format	31-07-2015	2015-38300039	PDF
31-12-2013	abbreviated format	17-07-2014	2014-32300314	PDF
31-12-2012	abbreviated format	21-06-2013	2013-20200224	PDF
31-12-2011	abbreviated format	18-07-2012	2012-31000520	PDF
31-12-2010	abbreviated format	05-07-2011	2011-26100057	PDF
31-12-2009	abbreviated format	29-07-2010	2010-36700439	PDF
31-12-2008	abbreviated format	30-07-2009	2009-53200136	PDF
31-12-2007	abbreviated format	31-07-2008	2008-53100239	PDF
31-12-2006	abbreviated format	24-07-2007	2007-45900080	PDF
31-12-2005	abbreviated format	24-07-2006	2006-51505087	PDF
31-12-2004	abbreviated format	13-09-2005	2005-67700611	PDF
31-12-2003	abbreviated format	22-07-2004	2004-49104521	PDF
31-12-2002	abbreviated format	28-07-2003	2003-51804490	PDF
31-12-2001	abbreviated format	29-07-2002	2002-43300852	PDF
31-12-2000	abbreviated format	20-06-2001	2001-24004846	PDF
31-12-1999	abbreviated format	17-07-2000	2000-42600383	PDF
31-12-1998	abbreviated format	22-07-1999	1999-36104732	PDF
31-12-1997	abbreviated format	26-06-1998	1998-23604392	PDF
31-12-1996	abbreviated format	01-07-1997	1997-25501597	PDF
31-12-1995	abbreviated format	30-08-1996	1996-42005290	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
150,039	211,172	117,357	-43,742	-53,541	72,141	53,991	-14,320	28,990	27,880	51,409	38,024	18,832	96,257	20,525	77,281	123,776	67,181	30,920	26,142
110,795	167,283	105,104	-55,388	-65,993	64,649	41,307	-25,517	17,015	15,763	36,507	25,627	10,163	78,230	15,924	56,461	88,268	49,384	25,283	19,825
2,505	7,500	21,365	0	68,636	2,786	51,467	12,141	1,916	9,490	80,823	22,400	395,569	5,143	1,040	320	43,625	68,104	5,409	44,321
-47,026	42,621	5,942	23,370	-39,136	39,334	-31,269	-20,812	16,846	29,717	-63,155	-9,054	-62,790	147,687	-104,013	28,828	40,301	9,515	-	-
88,306	22,472	-69,846	-203,704	-120,910	52,058	-19,904	-703	81,480	56,907	73,064	100,104	70,641	156,250	117,261	107,228	114,553	67,486	18,225	5,529
-	-	-	-	-	6.2%	2.0%	-7.8%	-0.8%	-0.9%	2.9%	-	-0.6%	-	-	-	-	-	-	-
57.3%	44.8%	24.7%	9.0%	21.3%	35.6%	31.7%	32.0%	35.1%	36.5%	36.3%	37.6%	28.1%	54.3%	55.5%	36.2%	61.3%	48.2%	29.3%	25.7%
1.48	1.12	0.70	0.43	0.63	1.24	0.91	1.00	1.62	1.52	1.85	2.28	1.63	2.25	2.50	1.69	2.82	1.89	1.29	1.11
1.45	1.06	0.67	0.38	0.59	1.19	0.88	0.90	1.48	1.52	1.85	2.07	1.62	2.20	2.42	1.64	2.70	1.79	1.11	0.98
0.74	1.23	3.04	10.07	3.69	1.80	2.15	2.12	1.85	1.73	1.75	1.65	2.56	0.84	0.80	1.76	0.63	1.08	2.42	2.88
27.2%	59.5%	64.2%	-171.2%	-72.4%	17.1%	0.1%	-33.2%	-7.7%	-8.4%	2.0%	4.6%	-7.0%	29.8%	-8.6%	22.2%	34.8%	19.4%	21.8%	7.9%
15.6%	26.6%	15.9%	-15.5%	-15.4%	6.1%	0.0%	-10.6%	-2.7%	-3.1%	0.7%	1.7%	-2.0%	16.2%	-4.8%	8.0%	21.3%	9.4%	6.4%	2.0%
17.65	21.02	9.95	-4.03	-4.40	-	-	-	-	-	-	-	-	-	-	-	19.26	-	-	-
-	-	-	-	-	71 days	97 days	61 days	86 days	68 days	74 days	-	64 days	-	-	-	-	-	-	-
-	-	-	-	-	36 days	49 days	25 days	73 days	41 days	29 days	-	74 days	-	-	-	-	-	-	-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	0	1	1	2	4
full-time	0	1	1	1	3
part-time	0	0	0	1	1
in full-time equivalents	0	1	1	1.5	3.5
	0.8	1	1.2	3	3.5
On a permanent contract	0	1	1	2	4
Joined	0	0	0	0	1
Left	1	0	1	2	0
Training hours	-	0	-	-	-

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others

Item	2025	2024	2023	2022	2021
Debts secured on the company's own assets	€120,945	€162,410	€202,919	€139,282	-
Mortgages, amount registered	€165,000	€165,000	€165,000	€165,000	-
	€165,000	€165,000	€165,000	€165,000	-
Carrying value of the mortgaged assets	€263,557	€269,339	€277,482	€287,443	-

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€2,505	-	€21,365	-	-
Intangible fixed assets	-	-	-	-	€8,650
Financial fixed assets	-	€7,500	-	-	€59,985
	€15,359	€15,288	€22,090	€23,933	€25,015

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on TOPWARE SYSTEMS

The operating result for 2025 is 31% lower than in 2024.

Debt's share of the balance-sheet total falls from 55.2% to 42.7%. Equity is higher and debt is lower.

Next steps

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Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency57.3%

Current ratio1.48

Return on assets15.6%

Staff

Staff cost per FTE€94,358

Joined and left-1 person

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Securities and guarantees

Investments

Insights on TOPWARE SYSTEMS

Next steps

in euro

in euro

57.3%

1.48

15.6%

€94,358

-1 person