Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 11.6 to 9.3.
Financials
Financial year 2025
TOPA from Jabbeke, company number BE0435729047, closed financial year 2025 with a result of € 578,751 after tax. For that financial year TOPA recorded a gross margin of € 1.9 million and equity of € 4.6 million. Compared with financial year 2024, the result moved from € 1.1 million to € 578,751. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 4.6 million
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 578,751
▼ 49% vs 2024
Profit after tax over the fiscal year.
€ 3.7 million
▲ 56% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 151,666 paid out
26 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
9.3
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 426,753
▼ 7% vs 2024
€ 45,900 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.
€ 429,114
▼ 37% vs 2024
Of which on lease € 105,000.
Debts at end 2025
€ 3.3 million
▲ 160% vs 2024
€ 428,286 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 836,131
▲ 70% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 43,710
▼ 53% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,516,634 | € 2,372,617 | € 2,715,206 | € 1,907,643 | ▼ 30% |
| Profit after taxes | € 409,640 | € 953,309 | € 1,127,185 | € 578,751 | ▼ 49% |
| Equity | € 2,492,012 | € 3,445,321 | € 4,167,506 | € 4,594,590 | ▲ 10% |
| Total debts | € 3,021,565 | € 2,152,880 | € 1,853,790 | € 4,175,544 | ▲ 125% |
| Cash | € 1,699,504 | € 1,450,594 | € 2,341,099 | € 3,653,246 | ▲ 56% |
| Land & buildings | € 948,474 | € 809,339 | € 706,319 | € 2,369,317 | ▲ 235% |
| Retained profit | € 2,199,408 | € 3,152,717 | € 3,874,902 | € 4,301,987 | ▲ 11% |
| Dividend | € 135,000 | € 0 | € 405,000 | € 151,666 | ▼ 63% |
| Bank debt | € 2,171,098 | € 1,651,630 | € 1,268,411 | € 3,294,036 | ▲ 160% |
| Balance sheet total | € 5,513,577 | € 5,598,201 | € 6,027,725 | € 8,790,256 | ▲ 46% |
| Employees (FTE) | 10.8 | 11.6 | 10.4 | 9.3 | ▼ 1.1 |
Key figures of TOPA, 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 TOPA?
What happened at TOPA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 578,751 (▼ 49% vs 2024). Source: NBB ↗
- New establishment in Jabbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 409,640 profit in 2022 to € 578,751 profit in 2025.
Paid € 1.1 million in corporate taxes since 2022.
Best year ever: 2024, with € 1.1 million profit.
On average € 205,100 of value added per employee in 2025.
Management
Behind TOPA are JURGEN FRANCO and NANCY VERSTEGEN.
Directors
According to the 2025 annual accounts
JURGEN FRANCO
Director
NANCY VERSTEGEN
Director
Establishments
Establishment units
Physical locations of this company
Eernegemweg 154
8490 Jabbeke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0435.729.047
- VAT number
- BE 0435.729.047
- Registered office
- Eernegemweg 154, 8490 Jabbeke
- Names & denominations
- TOPA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 November 1988
- Peppol
- Active · Active since 13 Nov 2025
- Activities · NACE
Teelt van groenten, meloenen en wortel- en knolgewassen
Groenteteelt
Goederenvervoer over de weg
Logistieke diensten
Diensten in verband met vervoer te land
Overige vervoerondersteunende activiteiten