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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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Busy address KBO
19 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
TopAsfalt from Oostende, company number BE0508599407, closed financial year 2025 with a result of € 149,226 after tax. For that financial year TopAsfalt recorded revenue of € 11.8 million and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 277,392 to € 149,226. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 1.6 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 149,226
▼ 46% vs 2024
Profit after tax over the fiscal year.
€ 341,285
▼ 91% 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 € 942,868.
People and assets in 2025
7.2
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 620,968
▲ 2% vs 2024
€ 86,200 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.
€ 827,688
▼ 29% vs 2024
Of which on lease € 803,379.
Debts at end 2025
€ 1 million
▼ 24% vs 2024
€ 331,086 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.8 million
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 67 days on average.
€ 63,434
▼ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 12,463,141 | € 12,690,178 | € 13,845,119 | € 11,758,089 | ▼ 15% |
| Profit after taxes | € 451,327 | € 253,744 | € 277,392 | € 149,226 | ▼ 46% |
| Equity | € 3,105,617 | € 3,300,115 | € 1,518,262 | € 1,608,243 | ▲ 6% |
| Total debts | € 7,165,036 | € 6,803,021 | € 8,708,014 | € 6,343,553 | ▼ 27% |
| Cash | € 3,041,026 | € 2,078,737 | € 3,706,303 | € 341,285 | ▼ 91% |
| Land & buildings | € 1,546,143 | € 1,417,712 | € 1,323,036 | € 1,204,881 | ▼ 9% |
| Retained profit | € 2,262,505 | € 2,516,249 | € 793,641 | € 942,868 | ▲ 19% |
| Dividend | € 0 | € 0 | € 2,000,000 | € 0 | ▼ 100% |
| Bank debt | € 1,980,737 | € 1,709,605 | € 1,375,030 | € 1,040,137 | ▼ 24% |
| Balance sheet total | € 10,270,653 | € 10,103,136 | € 10,226,276 | € 7,951,796 | ▼ 22% |
| Employees (FTE) | 7 | 6.3 | 7.7 | 7.2 | ▼ 0.5 |
Key figures of TopAsfalt, 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 TopAsfalt?
What happened at TopAsfalt in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- VERHELST GROUP BV stepped down as director. NBB
- AANNEMINGSBEDRIJF NORRE-BEHAEGEL NV stepped down as director. NBB
- JKI BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 149,226 (▼ 46% vs 2024). Source: NBB ↗
- VERHELST GROUP BV became a director. NBB
- AANNEMINGSBEDRIJF NORRE-BEHAEGEL NV became a director. NBB
- JKI BV became a director. NBB
- New establishment in Oostende. KBO
In short
From € 451,327 profit in 2022 to € 149,226 profit in 2025.
Paid € 279,935 in corporate taxes since 2022.
Best year ever: 2022, with € 451,327 profit.
Paid out € 2 million in dividends to the owners in total.
Management
The stake of VERHELST GROUP, JKI, AANNEMINGSBEDRIJF NORRE-BEHAEGEL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TopAsfaltThe shares are held by VERHELST GROUP (50%), JKI (25%) and AANNEMINGSBEDRIJF NORRE-BEHAEGEL (24.7%).
Directors
According to the 2025 annual accounts
AANNEMINGSBEDRIJF NORRE-BEHAEGEL NV
Director · represented by Joeri NORRE
since 2021 · until 2027
since 2021 · until 2027
Managing director · represented by Johan VERHELST
Also active at: VERHELST AANNEMINGEN, Steenbakkerij van Snaaskerke, Top-Mix, Transport Janssens, Verhelst Immo, EUROPEAN PORT SERVICES, OPC EUROPE, DE WITTE-VANDECAVEYE +11 more
since 2024 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oudenburgsesteenweg 106
8400 Oostende
Stationsstraat 129
8400 Oostende
Active since 24 January 2013
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 19 companies are registered at this address.
All companies at this address →VERHELST AANNEMINGEN same network
€ 87.7 million revenue · 2025
Top-Mix same network
€ 34.3 million revenue · 2024
Transport Janssens same network
€ 3.8 million gross margin · 2025
Verhelst Immo same network
€ 1.3 million revenue · 2025
BALEGRO
€ 2.1 million gross margin · 2025
+14 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
- 0508.599.407
- VAT number
- BE 0508.599.407
- Registered office
- Oudenburgsesteenweg 106, 8400 Oostende
- Names & denominations
- TopAsfalt
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 2012
- Peppol
- Active · Active since 25 Jun 2025
- Activities · NACE
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