What does Topglass do?

Topglass is registered with the CBE as active in: Overige groothandel. Private Limited, started on 12 December 1986, 1 establishment.

What is the address of Topglass?

The registered office of Topglass is located at Industrielaan 4 box C, 8820 Torhout.

Is Topglass still active?

Yes. According to the CBE (30 October 2026) Topglass is active, legal situation “Normale toestand”, started on 12 December 1986.

Is Topglass registered on Peppol?

Yes, Topglass is registered on the Peppol network with ID 0208:0429872326.

What is the enterprise number of Topglass?

The enterprise number of Topglass is BE0429872326.

When was Topglass founded?

Topglass was founded on 12 December 1986.

Who are the directors of Topglass?

According to the 2025 annual accounts, the directors of Topglass are: Gipop BV, Felcom BV.

Is Topglass a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 12 December 1986; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did Topglass make in 2025?

Topglass posted a profit after taxes of € 412 in financial year 2025.

What is the revenue of Topglass?

As a small company, Topglass is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 407,631.

How much does an employee at Topglass earn?

The average wage cost per full-time employee at Topglass was € 59,100 in 2025: staff costs of € 337,064 for 5.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Topglass have?

According to the 2025 annual accounts, Topglass has 5.7 full-time equivalents (FTE).

Does Topglass have a website?

Yes, Topglass has a website at topglass.be.

Topglass (Private Limited) - Torhout - BE0429872326

Dossier Topglass, printed on 30 October 2026 from databakkes.be/en/0429872326/topglass. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Topglass from Torhout, company number BE0429872326, closed financial year 2025 with a result of € 412 after tax. For that financial year Topglass recorded a gross margin of € 407,631 and equity of € 181,137. Compared with financial year 2024, the result moved from € 466 to € 412. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 19, 2026.

What it is worth Growing

€ 181,137

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 412

▼ 12% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 69,963

▼ 62% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 106,737.

People and assets in 2025

Full-time equivalents

5.7

▲ 0.7 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 337,064

▲ 16% vs 2024

€ 59,100 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.

Vehicles and equipment

€ 40,133

▲ 35% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 339,990

▼ 27% vs 2024

€ 66,310 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 105,934

▲ 91% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 27,781

▲ 62% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 744,318 Gross margin 2022: € 744,318 First fiscal year in the series	€ 599,418 Gross margin 2023: € 599,418 ▼ 19% vs 2022 (€ 744,318) Unfavourable step	€ 373,297 Gross margin 2024: € 373,297 ▼ 38% vs 2023 (€ 599,418) Unfavourable step	€ 407,631 Gross margin 2025: € 407,631 ▲ 9% vs 2024 (€ 373,297) Favourable step	▲ 9%
Profit after taxes	€ 214,637 Profit after taxes 2022: € 214,637 First fiscal year in the series	€ 140,119 Profit after taxes 2023: € 140,119 ▼ 35% vs 2022 (€ 214,637) Unfavourable step	€ 466 Profit after taxes 2024: € 466 ▼ € 139,652 vs 2023 (€ 140,119) Unfavourable step	€ 412 Profit after taxes 2025: € 412 ▼ 12% vs 2024 (€ 466) Unfavourable step	▼ 12%
Equity	€ 782,699 Equity 2022: € 782,699 First fiscal year in the series	€ 372,817 Equity 2023: € 372,817 ▼ 52% vs 2022 (€ 782,699) Unfavourable step	€ 180,726 Equity 2024: € 180,726 ▼ 52% vs 2023 (€ 372,817) Unfavourable step	€ 181,137 Equity 2025: € 181,137 Unchanged (€ 180,726) Favourable step
Total debts	€ 222,837 Total debts 2022: € 222,837 First fiscal year in the series	€ 702,109 Total debts 2023: € 702,109 ▲ 215% vs 2022 (€ 222,837) Unfavourable step	€ 538,382 Total debts 2024: € 538,382 ▼ 23% vs 2023 (€ 702,109) Favourable step	€ 494,276 Total debts 2025: € 494,276 ▼ 8% vs 2024 (€ 538,382) Favourable step	▼ 8%
Cash	€ 323,874 Cash 2022: € 323,874 First fiscal year in the series	€ 364,470 Cash 2023: € 364,470 ▲ 13% vs 2022 (€ 323,874) Favourable step	€ 184,305 Cash 2024: € 184,305 ▼ 49% vs 2023 (€ 364,470) Unfavourable step	€ 69,963 Cash 2025: € 69,963 ▼ 62% vs 2024 (€ 184,305) Unfavourable step	▼ 62%
Retained profit	€ 708,299 Retained profit 2022: € 708,299 First fiscal year in the series	€ 298,417 Retained profit 2023: € 298,417 ▼ 58% vs 2022 (€ 708,299) Unfavourable step	€ 106,326 Retained profit 2024: € 106,326 ▼ 64% vs 2023 (€ 298,417) Unfavourable step	€ 106,737 Retained profit 2025: € 106,737 Unchanged (€ 106,326) Favourable step
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 550,000 Dividend 2023: € 550,000 Unchanged (€ 0) Unchanged	€ 192,558 Dividend 2024: € 192,558 ▼ 65% vs 2023 (€ 550,000) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 192,558) Unchanged	▼ 100%
Bank debt	€ 7,632 Bank debt 2022: € 7,632 First fiscal year in the series	€ 366,485 Bank debt 2023: € 366,485 ▲ € 358,853 vs 2022 (€ 7,632) Unfavourable step	€ 465,800 Bank debt 2024: € 465,800 ▲ 27% vs 2023 (€ 366,485) Unfavourable step	€ 339,990 Bank debt 2025: € 339,990 ▼ 27% vs 2024 (€ 465,800) Favourable step	▼ 27%
Balance sheet total	€ 1,005,536 Balance sheet total 2022: € 1,005,536 First fiscal year in the series	€ 1,074,926 Balance sheet total 2023: € 1,074,926 ▲ 7% vs 2022 (€ 1,005,536) Unchanged	€ 719,107 Balance sheet total 2024: € 719,107 ▼ 33% vs 2023 (€ 1,074,926) Unchanged	€ 675,413 Balance sheet total 2025: € 675,413 ▼ 6% vs 2024 (€ 719,107) Unchanged	▼ 6%
Employees (FTE)	6.3 Employees (FTE) 2022: 6.3 First fiscal year in the series	5.5 Employees (FTE) 2023: 5.5 ▼ 0.8 vs 2022 (6.3) Unchanged	5 Employees (FTE) 2024: 5 ▼ 0.5 vs 2023 (5.5) Unchanged	5.7 Employees (FTE) 2025: 5.7 ▲ 0.7 vs 2024 (5) Unchanged	▲ 0.7

Key figures of Topglass, 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 Topglass?

What happened at Topglass in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

May 19, 2026 New annual accounts for financial year 2025: profit of € 412 (▼ 12% vs 2024). Source: NBB ↗
2023 Gipop BV became a director. NBB
2023 Felcom BV became a director. NBB
Dec 12, 1986 New establishment in Torhout. KBO
Dec 12, 1986 Start of the company according to the CBE. KBO

In short

From € 214,637 profit in 2022 to € 412 profit in 2025.

Paid € 148,747 in corporate taxes since 2022.

Best year ever: 2022, with € 214,637 profit.

On average € 71,500 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

GIPOP 50%

FELCOM 50%

The stake of GIPOP, FELCOM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Topglass

Behind Topglass are Gipop BV and Felcom BV. The shares are held by GIPOP (50%) and FELCOM (50%).

Directors

According to the 2025 annual accounts

Gipop BV

Director · represented by Huyghebaert Yanninck

since 2023

Felcom BV

Director · represented by Vandaele Michaël

since 2023

Shareholders

GIPOP

50%

FELCOM

50%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Industrielaan 4 box C

8820 Torhout

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS topglass.be

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Email provider

Microsoft 365

Hosting

COMBELL-AS, BE

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HTTPS Ja

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Details

Company number

0429.872.326

VAT number

BE 0429.872.326

Registered office

Industrielaan 4 bus C, 8820 Torhout

Names & denominations

Topglass

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

12 December 1986

Peppol

Active · Active since 1 Jan 2001

Contact

topglass.be

Activities · NACE

Overige groothandel

Glaszetten

Niet-gespecialiseerde groothandel

Groothandel in ijzerwaren

Bouwmarkten en andere doe-het-zelfzaken in bouwmaterialen, algemeen assortiment

Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2

View on CBE Public ↗ Annual accounts (NBB) ↗

Topglass

Financials

What happened to Topglass?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Website

Technologies

Hosting & Email

Website info

Features

Security

Network

Details

Frequently asked questions