Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
TOP BEDFORD from Brussel, company number BE0412948202, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year TOP BEDFORD recorded revenue of € 15.6 million and equity of € 15 million. Compared with financial year 2024, the result moved from € 1.2 million to € 1.2 million. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 5, 2026.
€ 15 million
▼ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.2 million
▲ 6% vs 2024
Profit after tax over the fiscal year.
€ 1.2 million
▲ 156% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 10 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
94.5
▲ 6.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 6.2 million
▲ 7% vs 2024
€ 65,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 684,078
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.6 million
Loans from banks and other lenders, long and short.
€ 1.1 million
▲ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 68 days on average.
€ 675,532
▲ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 9,022,299 | € 12,962,029 | € 14,654,566 | € 15,611,573 | ▲ 7% |
| Profit after taxes | € 169,535 | € 1,299,442 | € 1,165,452 | € 1,229,792 | ▲ 6% |
| Equity | € 21,277,388 | € 22,576,662 | € 23,742,114 | € 14,971,906 | ▼ 37% |
| Total debts | € 4,428,037 | € 4,563,016 | € 4,074,940 | € 14,190,368 | ▲ 248% |
| Cash | € 1,158,926 | € 474,785 | € 450,524 | € 1,154,916 | ▲ 156% |
| Land & buildings | € 9,989,564 | € 10,313,439 | € 10,835,493 | € 11,161,293 | ▲ 3% |
| Retained profit | € 11,947,220 | € 13,246,662 | € 14,412,114 | € 5,641,906 | ▼ 61% |
| Dividend | € 0 | € 0 | € 0 | € 10,000,000 | |
| Bank debt | € 2,145,000 | € 775,000 | € 1,550,000 | € 1,550,000 | |
| Balance sheet total | € 25,705,425 | € 27,173,458 | € 27,841,227 | € 29,162,274 | ▲ 5% |
| Employees (FTE) | 78.3 | 86.8 | 87.9 | 94.5 | ▲ 6.6 |
Key figures of TOP BEDFORD, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to TOP BEDFORD?
What happened at TOP BEDFORD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Nadège Quatacker stepped down as director. NBB
- HOBEFI SRL stepped down as director. NBB
- Valérie Quatacker stepped down as director. NBB
- Michèle Gillet stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.2 million (▲ 6% vs 2024). filed late Source: NBB ↗
- Guerric Quatacker stepped down as director. NBB
- Anne-Sophie Quatacker stepped down as director. NBB
- Nadège Quatacker became a director. NBB
In short
From € 169,535 profit in 2022 to € 1.2 million profit in 2025.
Paid € 923,344 in corporate taxes since 2022.
Best year ever: 2023, with € 1.3 million profit.
Paid out € 10 million in dividends to the owners in total.
Management
The shares are held by HOBEFI SRL (94.7%).
Directors
According to the 2025 annual accounts
since 2016 · until 2028
Anne-Sophie Quatacker
Director
since 2014 · until 2025
Guerric Quatacker
Director
since 2014 · until 2026
Managing director · represented by Jean-Pierre Quatacker
Also active at: HOBELEC, HOBINVEST, LE JARDIN DE WATERLOO
since 2016 · until 2028
Shareholders
94.7%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zuidstraat 135-137
1000 Brussel
Zuidstraat 135
1000 Brussel
Active since 21 January 1987
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Details
- Company number
- 0412.948.202
- VAT number
- BE 0412.948.202
- Registered office
- Zuidstraat 135-137, 1000 Brussel
- Names & denominations
- TOP BEDFORD
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 January 1973
- Peppol
- Active · Active since 24 Dec 2025
- Contact
- hotelbedford.be
- Activities · NACE
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