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 1.2 to 0.8.
Financials
Financial year 2025
TOPWARE SYSTEMS from Tienen, company number BE0452956049, closed financial year 2025 with a result of € 95,436 after tax. For that financial year TOPWARE SYSTEMS recorded a gross margin of € 231,235 and equity of € 350,790. Compared with financial year 2024, the result moved from € 151,995 to € 95,436. 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 May 19, 2026.
€ 350,790
▲ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 95,436
▼ 37% vs 2024
Profit after tax over the fiscal year.
€ 41,074
▼ 53% 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 € 131,440.
People and assets in 2025
0.8
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 75,486
▼ 5% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 9,351
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 120,945
▼ 26% vs 2024
€ 42,457 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 87,448
▲ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 52,706
▼ 25% 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 | € 180,851 | € 220,629 | € 295,588 | € 231,235 | ▼ 22% |
| Profit after taxes | € -79,321 | € 83,014 | € 151,995 | € 95,436 | ▼ 37% |
| Equity | € 46,345 | € 129,359 | € 255,354 | € 350,790 | ▲ 37% |
| Total debts | € 466,498 | € 393,842 | € 315,122 | € 261,098 | ▼ 17% |
| Cash | € 39,537 | € 45,479 | € 88,100 | € 41,074 | ▼ 53% |
| Land & buildings | € 287,443 | € 277,482 | € 269,339 | € 263,557 | ▼ 2% |
| Retained profit | € -173,005 | € -89,991 | € 36,004 | € 131,440 | ▲ 265% |
| Dividend | € 0 | € 0 | € 21,000 | € 0 | ▼ 100% |
| Bank debt | € 245,304 | € 202,919 | € 162,410 | € 120,945 | ▼ 26% |
| Balance sheet total | € 513,050 | € 523,201 | € 570,476 | € 611,888 | ▲ 7% |
| Employees (FTE) | 3 | 1.2 | 1 | 0.8 | ▼ 0.2 |
Key figures of TOPWARE SYSTEMS, 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 TOPWARE SYSTEMS?
What happened at TOPWARE SYSTEMS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 95,436 (▼ 37% vs 2024). Source: NBB ↗
- New establishment in Antwerpen. KBO
- New establishment in Lille. KBO
- New establishment in Tienen. KBO
- Start of the company according to the CBE. KBO
In short
From € 79,321 loss in 2022 to € 95,436 profit in 2025.
Paid € 69,119 in corporate taxes since 2022.
Best year ever: 2024, with € 151,995 profit.
On average € 295,600 of value added per employee in 2024.
Management
The stake of TRITOR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TOPWARE SYSTEMSBehind TOPWARE SYSTEMS are Pavo Consulting, Torquil and Tritor. The shares are held by TRITOR (33.3%).
Directors
According to the 2025 annual accounts
Director · represented by Tim De Pauw
Director · represented by Erwin Verbraeken
Director · represented by Peter Van Boeckel
Shareholders
33.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Broekstraat 22 box 2
3300 Tienen
Kemmelbergstraat 70 box 6
2600 Antwerpen
Active since 13 September 2019
Hulsbos 13
2275 Lille
Active since 13 September 2019
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
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0452.956.049
- VAT number
- BE 0452.956.049
- Registered office
- Broekstraat 22 bus 2, 3300 Tienen
- Names & denominations
- TOPWARE SYSTEMS · TWS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 June 1994
- Peppol
- Active · Active since 14 Jul 2025
- Contact
- tws.be [email protected]
- Activities · NACE
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