Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TOPSPIN from Zele, company number BE0451287550, closed financial year 2025 with a result of € -13,899 after tax. For that financial year TOPSPIN recorded a gross margin of € 190,077 and equity of € 315,586. Compared with financial year 2024, the result moved from € -17,853 to € -13,899. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 28, 2026.
€ 315,586
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,899
▲ 22 % less loss than in 2024
Profit after tax over the fiscal year.
€ 333,036
▲ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -239,414.
People and assets in 2025
2.7
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 85,786
▲ 5% vs 2024
€ 31,800 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.
€ 2,409
▲ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 517,655
▲ 29% vs 2024
€ 36,216 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 47,174
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,493
▲ 40% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 132,617 | € 157,971 | € 164,616 | € 190,077 | ▲ 15% |
| Profit after taxes | € -73,605 | € -28,302 | € -17,853 | € -13,899 | ▲ € 3,954 |
| Equity | € 25,641 | € 347,339 | € 329,486 | € 315,586 | ▼ 4% |
| Total debts | € 1,253,977 | € 1,197,401 | € 1,360,164 | € 1,469,781 | ▲ 8% |
| Cash | € 27,331 | € 382,054 | € 169,119 | € 333,036 | ▲ 97% |
| Land & buildings | € 293,040 | € 273,317 | € 322,078 | € 332,415 | ▲ 3% |
| Retained profit | € -179,359 | € -207,661 | € -225,514 | € -239,414 | ▼ € 13,899 |
| Bank debt | € 522,412 | € 462,636 | € 402,007 | € 517,655 | ▲ 29% |
| Balance sheet total | € 1,279,618 | € 1,544,740 | € 1,689,650 | € 1,785,368 | ▲ 6% |
| Employees (FTE) | 3.3 | 2.4 | 3.1 | 2.7 | ▼ 0.4 |
Key figures of TOPSPIN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to TOPSPIN?
What happened at TOPSPIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ROBERT IVENS stepped down as director. NBB
- GODELIEVE WAUMAN stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 13,899. filed late Source: NBB ↗
- ROBERT IVENS became a director. NBB
- GODELIEVE WAUMAN became a director. NBB
- New establishment in Zele. KBO
- Start of the company according to the CBE. KBO
In short
From € 73,605 loss in 2022 to € 13,899 loss in 2025.
Paid € 564 in corporate taxes since 2022.
On average € 70,400 of value added per employee in 2025.
Management
It owns 99.6% of TENNISCENTRUM TOPSPIN itself.
Directors
According to the 2025 annual accounts
since 2023 · until 2029
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Lange Akker 14
9240 Zele
Lange Akker 12
9240 Zele
Active since 12 January 1994
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
AUTOMATTIC - Automattic, Inc, US
Website info
Features
Security
Network
Details
- Company number
- 0451.287.550
- VAT number
- BE 0451.287.550
- Registered office
- Lange Akker 14, 9240 Zele
- Names & denominations
- TOPSPIN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 October 1993
- Peppol
- Active · Active since 8 Jan 2026
- Contact
- topspin.vlaanderen
- Activities · NACE
Exploitatie van sportaccommodaties
Exploitatie van overige sportinstallaties en -accomodaties
Cafés en bars
Beheer en exploitatie van sportcentra
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur van niet-residentiële gebouwen