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 52 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Topfanz from Halen, company number BE0507830038, closed financial year 2025 with a result of € -297,096 after tax. For that financial year Topfanz recorded a gross margin of € 768,128 and equity of € 258,529. Compared with financial year 2024, the result moved from € 293,337 to € -297,096. The company made a loss. The buffer shrank hard: equity is 53 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ 258,529
▼ 53% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -297,096
▼ still € 293,337 profit in 2024
Profit after tax over the fiscal year.
€ 189,194
▲ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 239,929.
People and assets in 2025
8.2
▲ 2.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 842,723
▲ 115% vs 2024
€ 102,800 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.
€ 44,029
▲ 235% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 146,280
▼ 57% vs 2024
€ 90,367 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 846,748
▲ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 198,727
▲ 106% vs 2024
Taxes, VAT and social contributions still to pay.
| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 3,774,924 | - | |
| Gross margin | € 137,799 | € 907,418 | € 1,006,910 | € 768,128 | ▼ 24% |
| Profit after taxes | € -57,991 | € 240,414 | € 293,337 | € -297,096 | ▼ € 590,433 |
| Equity | € 9,474 | € 249,888 | € 555,625 | € 258,529 | ▼ 53% |
| Total debts | € 777,000 | € 1,677,799 | € 1,647,530 | € 2,333,223 | ▲ 42% |
| Cash | € 99,664 | € 35,553 | € 168,391 | € 189,194 | ▲ 12% |
| Retained profit | € 3,274 | € 243,688 | € 537,025 | € 239,929 | ▼ 55% |
| Bank debt | € 100,000 | € 699,504 | € 342,282 | € 146,280 | ▼ 57% |
| Balance sheet total | € 786,474 | € 1,927,687 | € 2,203,155 | € 2,591,752 | ▲ 18% |
| Employees (FTE) | 2.8 | 5.7 | 6 | 8.2 | ▲ 2.2 |
Key figures of Topfanz, fiscal years 2021 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 Topfanz?
What happened at Topfanz in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 297,096 (▼ € 590,433 vs 2024). Source: NBB ↗
- Stef De corte became a director. NBB
- New establishment in Halen. KBO
- New establishment in Halen. KBO
- Start of the company according to the CBE. KBO
In short
From € 57,991 loss in 2021 to € 297,096 loss in 2025.
Paid € 183,949 in corporate taxes since 2021.
Best year ever: 2024, with € 293,337 profit.
On average € 93,700 of value added per employee in 2025.
Management
The stake of WD BEHEER comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TopfanzBehind Topfanz is Stef De corte. The shares are held by smartphoto group (100%) and WD BEHEER (99.2%).
Directors
According to the 2025 annual accounts
Stef De corte
Director
Also active at: DBM - COLOR, Smartphoto group, Filmobel, PROMO CONCEPT INVESTMENT, NAYAN, AULTMORE
since 2024
Shareholders
100%
99.2%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industriepark 1227
3545 Halen
Industriepark 1227 box poort 5
3545 Halen
Active since 1 January 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0507.830.038
- VAT number
- BE 0507.830.038
- Registered office
- Industriepark 1227, 3545 Halen
- Names & denominations
- Topfanz
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 2014
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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