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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Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
TOP TRADING from Zwevegem, company number BE0469327075, closed financial year 2025 with a result of € -301,661 after tax. For that financial year TOP TRADING recorded a gross margin of € 1.7 million and equity of € 2.9 million. Compared with financial year 2024, the result moved from € 242,179 to € -301,661. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 2.9 million
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -301,661
▼ still € 242,179 profit in 2024
Profit after tax over the fiscal year.
€ 100,236
▼ 70% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.8 million.
People and assets in 2025
31.7
▲ 3.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▲ 22% vs 2024
€ 43,000 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.
€ 184,137
▲ 210% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 488,376
▲ 208% vs 2024
€ 154,282 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 801,338
▲ 59% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 493,551
▲ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,823,206 | € 2,051,051 | € 1,870,516 | € 1,708,306 | ▼ 9% |
| Profit after taxes | € 305,496 | € 605,217 | € 242,179 | € -301,661 | ▼ € 543,840 |
| Equity | € 2,353,512 | € 2,958,729 | € 3,200,908 | € 2,899,247 | ▼ 9% |
| Total debts | € 2,028,383 | € 1,551,301 | € 1,107,789 | € 1,823,630 | ▲ 65% |
| Cash | € 116,702 | € 160,045 | € 335,754 | € 100,236 | ▼ 70% |
| Land & buildings | - | - | € 95,694 | € 85,431 | ▼ 11% |
| Retained profit | € 2,233,512 | € 2,838,729 | € 3,080,908 | € 2,779,247 | ▼ 10% |
| Bank debt | € 984,166 | € 554,166 | € 158,334 | € 488,376 | ▲ 208% |
| Balance sheet total | € 4,381,895 | € 4,510,030 | € 4,308,697 | € 4,722,877 | ▲ 10% |
| Employees (FTE) | 23.8 | 24.4 | 28.1 | 31.7 | ▲ 3.6 |
Key figures of TOP TRADING, 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 TOP TRADING?
What happened at TOP TRADING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 301,661 (▼ € 543,840 vs 2024). Source: NBB ↗
- New establishment in Tubize. KBO
- New establishment in Dour. KBO
- Hereal BV became a director. NBB
- New establishment in Tournai. KBO
- New establishment in Soignies. KBO
- New establishment in Blégny. KBO
- New establishment in Zwevegem. KBO
In short
From € 305,496 profit in 2022 to € 301,661 loss in 2025.
Paid € 416,307 in corporate taxes since 2022.
Best year ever: 2023, with € 605,217 profit.
On average € 53,900 of value added per employee in 2025.
Management
The stake of HEREAL, DISTRILOGISTIQUE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TOP TRADINGBehind TOP TRADING is Hereal BV. The shares are held by HEREAL (99.9%) and DISTRILOGISTIQUE (0.1%).
Directors
According to the 2025 annual accounts
Director · represented by Stephan Lesage
Also active at: ECODEL, ASSOCIATED RETAIL, MARCINELLE IMMO, LESAGE - HUYSENTRUYT, DISTRILED LIÈGE, IMMO LESAGE-HUYSENTRUYT, Distriled Marche, DISTRILED HUY +5 more
since 2023
Shareholders
99.9%
0.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Blokkestraat(Z) 57
8550 Zwevegem
Rue des Archers 19
7060 Soignies
Active since 8 March 2019
Champs de Tignée 34/2
4671 Blégny
Active since 31 January 2018
Rue de Maire(FRY) 10
7503 Tournai
Active since 1 May 2021
Rue de la Corderie 3
7370 Dour
Active since 24 May 2024
Rue de Bruxelles 328
1480 Tubize
Active since 1 March 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →ECODEL same network
€ -12,649 gross margin · 2025
MARCINELLE IMMO same network
€ 104,350 gross margin · 2025
LESAGE - HUYSENTRUYT same network
€ 11.5 million revenue · 2025
DISTRILED LIÈGE same network
€ 10.2 million revenue · 2025
IMMO LESAGE-HUYSENTRUYT same network
€ 3.8 million gross margin · 2025
+8 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0469.327.075
- VAT number
- BE 0469.327.075
- Registered office
- Blokkestraat(Z) 57, 8550 Zwevegem
- Names & denominations
- TOP TRADING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 January 2000
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
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