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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
BVBA TOPCO+ from Herzele, company number BE0508800434, closed financial year 2025 with a result of € 49,105 after tax. For that financial year BVBA TOPCO+ recorded a gross margin of € 46,345 and equity of € 11,893. Compared with financial year 2024, the result moved from € -45,614 to € 49,105. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 11,893
▲ € 49,105 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 49,105
▲ still € 45,614 loss in 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 5,693.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 618
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1,041
▲ € 839 vs 2024
Loans from banks and other lenders, long and short.
€ 15,638
▼ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,389
▼ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 140,627 | € 100,286 | € -6,760 | € 46,345 | ▲ € 53,105 |
| Profit after taxes | € 7,707 | € -7,685 | € -45,614 | € 49,105 | ▲ € 94,719 |
| Equity | € 16,087 | € 8,401 | € -37,213 | € 11,893 | ▲ € 49,105 |
| Total debts | € 259,981 | € 463,812 | € 250,147 | € 231,650 | ▼ 7% |
| Cash | € 13,343 | € 2,211 | € 18 | - | |
| Retained profit | € 9,887 | € 2,201 | € -43,413 | € 5,693 | ▲ € 49,105 |
| Bank debt | € 0 | € 0 | € 202 | € 1,041 | ▲ € 839 |
| Balance sheet total | € 276,067 | € 472,213 | € 212,934 | € 243,543 | ▲ 14% |
| Employees (FTE) | 3 | 2.1 | 0.2 | - |
Key figures of BVBA TOPCO+, 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 May 2027.
What happened to BVBA TOPCO+?
What happened at BVBA TOPCO+ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 49,105. Source: NBB ↗
- New establishment in Herzele. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,707 profit in 2022 to € 49,105 profit in 2025.
Paid € 4,875 in corporate taxes since 2022.
Best year ever: 2025, with € 49,105 profit.
On average € 47,800 of value added per employee in 2023.
Management
Behind BVBA TOPCO+ is Filip Vanderlinden. Filip Vanderlinden is also behind III-CO, TOPCO and TILIA.
Establishments
Establishment units
Physical locations of this company
Bergestraat 49/3
9550 Herzele
Bergestraat 49 box 3
9550 Herzele
Active since 1 February 2013
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0508.800.434
- VAT number
- BE 0508.800.434
- Registered office
- Bergestraat 49/3, 9550 Herzele
- Names & denominations
- BVBA TOPCO+
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 December 2012
- Peppol
- Not registered
- Activities · NACE
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