What does TOPS FOODS do?

TOPS FOODS is a food producer in Olen. Public Limited, started on 11 October 1993, 1 establishment.

What is the address of TOPS FOODS?

The registered office of TOPS FOODS is located at Lammerdries-Oost 26, 2250 Olen.

Is TOPS FOODS still active?

Yes. According to the CBE (30 October 2026) TOPS FOODS is active, legal situation “Normale toestand”, started on 11 October 1993.

Is TOPS FOODS registered on Peppol?

Yes, TOPS FOODS is registered on the Peppol network with ID 0208:0451053463.

What is the enterprise number of TOPS FOODS?

The enterprise number of TOPS FOODS is BE0451053463.

When was TOPS FOODS founded?

TOPS FOODS was founded on 11 October 1993.

Who are the directors of TOPS FOODS?

According to the 2025 annual accounts, the directors of TOPS FOODS are: Pisit Ohmpornnuwat, Rudy Tops, Shih Di-Ting, Tops Management BV, Patrachatr Chiaravutthi, Ekpiya Ua-Wutthikrerk, Parinya Kaarunayadhorn, Shih De-Yi.

Is TOPS FOODS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 11 October 1993; 5 annual accounts filed, latest fiscal year 2025; 8 directors known from the annual account.

How much profit did TOPS FOODS make in 2025?

TOPS FOODS posted a profit after taxes of € 2,992,293 in financial year 2025.

What is the revenue of TOPS FOODS?

In its most recent annual accounts (2025), TOPS FOODS reported revenue of € 31,311,925.

How much does an employee at TOPS FOODS earn?

The average wage cost per full-time employee at TOPS FOODS was € 73,200 in 2025: staff costs of € 4.4 million for 60.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does TOPS FOODS have?

According to the 2025 annual accounts, TOPS FOODS has 60.4 full-time equivalents (FTE).

Does TOPS FOODS have a website?

Yes, TOPS FOODS has a website at topsfoods.com.

TOPS FOODS (Public Limited) - Olen - BE0451053463

Dossier TOPS FOODS, printed on 30 October 2026 from databakkes.be/en/0451053463/tops-foods. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

TOPS FOODS from Olen, company number BE0451053463, closed financial year 2025 with a result of € 3 million after tax. For that financial year TOPS FOODS recorded revenue of € 31.3 million and equity of € 11 million. Compared with financial year 2024, the result moved from € 1.1 million to € 3 million. Profitable, and profit is growing. 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 June 23, 2026.

What it is worth Growing

€ 11 million

▲ 89% vs 2024

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

Profit Growing

€ 3 million

▲ 178% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 374,971

▲ 37% 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 € -2.1 million.

People and assets in 2025

Full-time equivalents

60.4

▲ 8.1 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 8.7 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 4.4 million

▲ 33% vs 2024

€ 73,200 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

€ 2.2 million

▲ 12% vs 2024

Of which on lease € 2.2 million.

Debts at end 2025

Bank debt ≈ 7 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.

€ 5 million

▼ 14% vs 2024

€ 701,974 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 2.4 million

▲ 3% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 38 days on average.

Taxes and wages

€ 687,010

▲ 38% 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
Revenue	€ 14,469,479 Revenue 2022: € 14,469,479 First fiscal year in the series	€ 23,021,399 Revenue 2023: € 23,021,399 ▲ 59% vs 2022 (€ 14,469,479) Favourable step	€ 24,593,894 Revenue 2024: € 24,593,894 ▲ 7% vs 2023 (€ 23,021,399) Favourable step	€ 31,311,925 Revenue 2025: € 31,311,925 ▲ 27% vs 2024 (€ 24,593,894) Favourable step	▲ 27%
Profit after taxes	€ -2,890,543 Profit after taxes 2022: € -2,890,543 First fiscal year in the series	€ 204,183 Profit after taxes 2023: € 204,183 ▲ € 3.1 million vs 2022 (€ -2,890,543) Favourable step	€ 1,077,264 Profit after taxes 2024: € 1,077,264 ▲ € 873,081 vs 2023 (€ 204,183) Favourable step	€ 2,992,293 Profit after taxes 2025: € 2,992,293 ▲ 178% vs 2024 (€ 1,077,264) Favourable step	▲ 178%
Equity	€ 4,558,475 Equity 2022: € 4,558,475 First fiscal year in the series	€ 4,761,056 Equity 2023: € 4,761,056 ▲ 4% vs 2022 (€ 4,558,475) Favourable step	€ 5,836,718 Equity 2024: € 5,836,718 ▲ 23% vs 2023 (€ 4,761,056) Favourable step	€ 11,003,035 Equity 2025: € 11,003,035 ▲ 89% vs 2024 (€ 5,836,718) Favourable step	▲ 89%
Total debts	€ 7,790,779 Total debts 2022: € 7,790,779 First fiscal year in the series	€ 8,202,173 Total debts 2023: € 8,202,173 ▲ 5% vs 2022 (€ 7,790,779) Unfavourable step	€ 8,750,991 Total debts 2024: € 8,750,991 ▲ 7% vs 2023 (€ 8,202,173) Unfavourable step	€ 8,274,282 Total debts 2025: € 8,274,282 ▼ 5% vs 2024 (€ 8,750,991) Favourable step	▼ 5%
Cash	€ 244,855 Cash 2022: € 244,855 First fiscal year in the series	€ 97,025 Cash 2023: € 97,025 ▼ 60% vs 2022 (€ 244,855) Unfavourable step	€ 273,430 Cash 2024: € 273,430 ▲ 182% vs 2023 (€ 97,025) Favourable step	€ 374,971 Cash 2025: € 374,971 ▲ 37% vs 2024 (€ 273,430) Favourable step	▲ 37%
Land & buildings	€ 898,152 Land & buildings 2022: € 898,152 First fiscal year in the series	€ 903,262 Land & buildings 2023: € 903,262 ▲ 1% vs 2022 (€ 898,152) Unchanged	€ 914,054 Land & buildings 2024: € 914,054 ▲ 1% vs 2023 (€ 903,262) Unchanged	€ 3,124,401 Land & buildings 2025: € 3,124,401 ▲ 242% vs 2024 (€ 914,054) Unchanged	▲ 242%
Retained profit	€ -6,388,599 Retained profit 2022: € -6,388,599 First fiscal year in the series	€ -6,184,416 Retained profit 2023: € -6,184,416 ▲ € 204,183 vs 2022 (€ -6,388,599) Favourable step	€ -5,107,151 Retained profit 2024: € -5,107,151 ▲ € 1.1 million vs 2023 (€ -6,184,416) Favourable step	€ -2,114,858 Retained profit 2025: € -2,114,858 ▲ € 3 million vs 2024 (€ -5,107,151) Favourable step	▲ € 3 million
Bank debt	€ 5,000,718 Bank debt 2022: € 5,000,718 First fiscal year in the series	€ 6,040,137 Bank debt 2023: € 6,040,137 ▲ 21% vs 2022 (€ 5,000,718) Unfavourable step	€ 5,850,699 Bank debt 2024: € 5,850,699 ▼ 3% vs 2023 (€ 6,040,137) Favourable step	€ 5,045,955 Bank debt 2025: € 5,045,955 ▼ 14% vs 2024 (€ 5,850,699) Favourable step	▼ 14%
Balance sheet total	€ 12,352,896 Balance sheet total 2022: € 12,352,896 First fiscal year in the series	€ 12,966,046 Balance sheet total 2023: € 12,966,046 ▲ 5% vs 2022 (€ 12,352,896) Unchanged	€ 14,589,702 Balance sheet total 2024: € 14,589,702 ▲ 13% vs 2023 (€ 12,966,046) Unchanged	€ 19,278,484 Balance sheet total 2025: € 19,278,484 ▲ 32% vs 2024 (€ 14,589,702) Unchanged	▲ 32%
Employees (FTE)	41.2 Employees (FTE) 2022: 41.2 First fiscal year in the series	44.8 Employees (FTE) 2023: 44.8 ▲ 3.6 vs 2022 (41.2) Unchanged	52.3 Employees (FTE) 2024: 52.3 ▲ 7.5 vs 2023 (44.8) Unchanged	60.4 Employees (FTE) 2025: 60.4 ▲ 8.1 vs 2024 (52.3) Unchanged	▲ 8.1

Key figures of TOPS FOODS, 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 TOPS FOODS?

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

2029 Pisit Ohmpornnuwat stepped down as director. NBB
2029 Rudy Tops stepped down as director. NBB
2029 Shih Di-Ting stepped down as director. NBB
2029 Ekpiya Ua-Wutthikrerk stepped down as director. NBB
2029 Parinya Kaarunayadhorn stepped down as director. NBB
2029 Shih De-Yi stepped down as director. NBB
2028 Tops Management BV stepped down as director. NBB
Jun 23, 2026 New annual accounts for financial year 2025: profit of € 3 million (▲ 178% vs 2024). Source: NBB ↗

In short

From € 2.9 million loss in 2022 to € 3 million profit in 2025.

Paid € 183,561 in corporate taxes since 2022.

Best year ever: 2025, with € 3 million profit.

Pays suppliers within 38 days on average.

Original PDFs at the National Bank ↗

Management

CPF Netherlands BV 89.7%

Michel Tops 10%

HMF Food Production GmbH & Co KG 0.3%

TOPS FOODS

The shares are held by CPF Netherlands BV (89.7%), Michel Tops (10%) and HMF Food Production GmbH & Co KG (0.3%).

Directors

According to the 2025 annual accounts

Pisit Ohmpornnuwat

Director

since 2023 · until 2029

Rudy Tops

Director

since 2023 · until 2029

Shih Di-Ting

Director

since 2023 · until 2029

Tops Management BV

Managing director · represented by Michel Tops

since 2022 · until 2028

Patrachatr Chiaravutthi

Director

since 2023 · until 2026

Ekpiya Ua-Wutthikrerk

Director

since 2023 · until 2029

Parinya Kaarunayadhorn

Director

since 2023 · until 2029

Shih De-Yi

Chairman of the board

since 2023 · until 2029

Shareholders

CPF Netherlands BV

89.7%

Michel Tops

10%

HMF Food Production GmbH & Co KG

0.3%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Lammerdries-Oost 26

2250 Olen

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

Website

HTTPS topsfoods.com

Technologies

Cookie ConsentFacebook PixelGoogle AnalyticsGoogle FontsGoogle MapsNginxPHPSlickreCAPTCHA

Hosting & Email

Email provider

Microsoft 365

Hosting

COMBELL-AS, BE

Domain

topsfoods.com

Registered

2001-01-12

Registrar

Combell NV

Expires

2027-01-12

Website info

HTTPS Ja

Languages EN

Features

Webshop Ads Contact page

Security

✓ HTTPS

✓ SPF

✓ DMARC

Details

Company number

0451.053.463

VAT number

BE 0451.053.463

Registered office

Lammerdries-Oost 26, 2250 Olen

Names & denominations

TOPS FOODS

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

11 October 1993

Peppol

Active · Active since 15 Sept 2025

Contact

topsfoods.com

Activities · NACE

Vervaardiging van bereide maaltijden en schotels

Vervaardiging van andere voedingsmiddelen, neg

Vervaardiging van overige voedingsmiddelen, n.e.g.

Activiteiten van verpakkingsbedrijven

Verpakkingsbedrijven

View on CBE Public ↗ Annual accounts (NBB) ↗

TOPS FOODS

Financials

What happened to TOPS FOODS?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Website

Technologies

Hosting & Email

Domain

Website info

Features

Security

Details

Frequently asked questions