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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TOPTOR from Torhout, company number BE0452048605, closed financial year 2025 with a result of € 2,467 after tax. For that financial year TOPTOR recorded a gross margin of € 16,719 and equity of € -269,091. Compared with financial year 2024, the result moved from € 933 to € 2,467. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 30, 2026.
€ -269,091
▲ € 2,467 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,467
▲ 165% vs 2024
Profit after tax over the fiscal year.
€ 15,466
▲ € 11,969 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -331,065.
People and assets in 2025
€ 7,686
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 842
▲ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 522
▼ 44% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -495 | € 6,875 | € 18,843 | € 16,719 | ▼ 11% |
| Profit after taxes | € -8,944 | € -10,442 | € 933 | € 2,467 | ▲ 165% |
| Equity | € -262,050 | € -272,491 | € -271,558 | € -269,091 | ▲ € 2,467 |
| Total debts | € 390,992 | € 428,855 | € 402,104 | € 401,786 | |
| Cash | € 5,388 | € 9,779 | € 3,497 | € 15,466 | ▲ € 11,969 |
| Land & buildings | € 108,536 | € 124,279 | € 113,718 | € 107,497 | ▼ 5% |
| Retained profit | € -324,024 | € -334,465 | € -333,532 | € -331,065 | ▲ € 2,467 |
| Balance sheet total | € 128,942 | € 156,363 | € 130,545 | € 132,695 | ▲ 2% |
Key figures of TOPTOR, 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 TOPTOR?
What happened at TOPTOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,467 (▲ 165% vs 2024). Source: NBB ↗
- Johan Lemaire became a director. NBB
- Peter Lemaire became a director. NBB
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,944 loss in 2022 to € 2,467 profit in 2025.
Paid € 8 in corporate taxes since 2022.
Best year ever: 2025, with € 2,467 profit.
Management
Behind TOPTOR are Johan Lemaire and Peter Lemaire.
Directors
According to the 2025 annual accounts
Johan Lemaire
Director
since 2023
Peter Lemaire
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Hertog van Arenbergstraat 9
8820 Torhout
Piers de Raveschootlaan 115 box 51
8300 Knokke-Heist
Active since 29 February 2000
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0452.048.605
- VAT number
- BE 0452.048.605
- Registered office
- Hertog van Arenbergstraat 9, 8820 Torhout
- Names & denominations
- TOPTOR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 January 1994
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen