What does TOP FLAG do?

TOP FLAG is an advertising agency in Wavre. Private Limited, started on 1 August 2016, 1 establishment.

What is the address of TOP FLAG?

The registered office of TOP FLAG is located at Rue Provinciale 291, 1301 Wavre.

Is TOP FLAG still active?

Yes. According to the CBE (29 October 2026) TOP FLAG is active, legal situation “Normale toestand”, started on 1 August 2016.

Is TOP FLAG registered on Peppol?

Yes, TOP FLAG is registered on the Peppol network with ID 0208:0660601375.

What is the enterprise number of TOP FLAG?

The enterprise number of TOP FLAG is BE0660601375.

When was TOP FLAG founded?

TOP FLAG was founded on 1 August 2016.

Who are the directors of TOP FLAG?

According to the 2025 annual accounts, the directors of TOP FLAG are: RENTA IMMO SPRL, Chantal CAECKELBERGHS.

Is TOP FLAG a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 August 2016; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did TOP FLAG make in 2025?

TOP FLAG recorded a loss after taxes of € 40,174 in financial year 2025.

What is the revenue of TOP FLAG?

As a small company, TOP FLAG is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -27,309.

TOP FLAG (Private Limited) - Wavre - BE0660601375

Dossier TOP FLAG, printed on 29 October 2026 from databakkes.be/en/0660601375/top-flag. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 3 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

TOP FLAG from Wavre, company number BE0660601375, closed financial year 2025 with a result of € -40,174 after tax. For that financial year TOP FLAG recorded a gross margin of € -27,309 and equity of € -79,139. Compared with financial year 2024, the result moved from € -19,519 to € -40,174. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 29, 2026.

What it is worth Caution

€ -79,139

▼ € 40,174 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -40,174

▼ 106 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 358

▲ € 278 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -101,139.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost estimate Staff cost at a one-person company Staff Only people on the payroll count here.€ 2,043 Likely the director’s social contribution or pension premium.The director’s pay Already netted into the gross margin, not shown separately in the accounts. Typical for one-person companies € 45,000 gross per year minimum for the reduced tax rate≈ € 2,100 net per month after contributions, tax and usually some benefits in kind, roughly Assumption based on the chart of accounts, not a figure from the source.

€ 2,043

No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 12,361

▼ 37% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 3,321

▼ 56% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 130,088 Revenue 2022: € 130,088 First fiscal year in the series	-	€ 95,404 Revenue 2024: € 95,404 First fiscal year in the series	-
Gross margin	€ 22,130 Gross margin 2022: € 22,130 First fiscal year in the series	€ -9,100 Gross margin 2023: € -9,100 ▼ € 31,230 vs 2022 (€ 22,130) Unfavourable step	€ -16,286 Gross margin 2024: € -16,286 ▼ € 7,186 vs 2023 (€ -9,100) Unfavourable step	€ -27,309 Gross margin 2025: € -27,309 ▼ € 11,023 vs 2024 (€ -16,286) Unfavourable step	▼ € 11,023
Profit after taxes	€ -24,811 Profit after taxes 2022: € -24,811 First fiscal year in the series	€ -38,924 Profit after taxes 2023: € -38,924 ▼ € 14,114 vs 2022 (€ -24,811) Unfavourable step	€ -19,519 Profit after taxes 2024: € -19,519 ▲ € 19,406 vs 2023 (€ -38,924) Favourable step	€ -40,174 Profit after taxes 2025: € -40,174 ▼ € 20,655 vs 2024 (€ -19,519) Unfavourable step	▼ € 20,655
Equity	€ 19,478 Equity 2022: € 19,478 First fiscal year in the series	€ -19,446 Equity 2023: € -19,446 ▼ € 38,924 vs 2022 (€ 19,478) Unfavourable step	€ -38,965 Equity 2024: € -38,965 ▼ € 19,519 vs 2023 (€ -19,446) Unfavourable step	€ -79,139 Equity 2025: € -79,139 ▼ € 40,174 vs 2024 (€ -38,965) Unfavourable step	▼ € 40,174
Total debts	€ 52,703 Total debts 2022: € 52,703 First fiscal year in the series	€ 47,611 Total debts 2023: € 47,611 ▼ 10% vs 2022 (€ 52,703) Favourable step	€ 61,910 Total debts 2024: € 61,910 ▲ 30% vs 2023 (€ 47,611) Unfavourable step	€ 79,758 Total debts 2025: € 79,758 ▲ 29% vs 2024 (€ 61,910) Unfavourable step	▲ 29%
Cash	€ 11,335 Cash 2022: € 11,335 First fiscal year in the series	€ 2,461 Cash 2023: € 2,461 ▼ 78% vs 2022 (€ 11,335) Unfavourable step	€ 80 Cash 2024: € 80 ▼ 97% vs 2023 (€ 2,461) Unfavourable step	€ 358 Cash 2025: € 358 ▲ € 278 vs 2024 (€ 80) Favourable step	▲ € 278
Retained profit	€ -2,522 Retained profit 2022: € -2,522 First fiscal year in the series	€ -41,446 Retained profit 2023: € -41,446 ▼ € 38,924 vs 2022 (€ -2,522) Unfavourable step	€ -60,965 Retained profit 2024: € -60,965 ▼ € 19,519 vs 2023 (€ -41,446) Unfavourable step	€ -101,139 Retained profit 2025: € -101,139 ▼ € 40,174 vs 2024 (€ -60,965) Unfavourable step	▼ € 40,174
Balance sheet total	€ 72,181 Balance sheet total 2022: € 72,181 First fiscal year in the series	€ 28,164 Balance sheet total 2023: € 28,164 ▼ 61% vs 2022 (€ 72,181) Unchanged	€ 22,945 Balance sheet total 2024: € 22,945 ▼ 19% vs 2023 (€ 28,164) Unchanged	€ 619 Balance sheet total 2025: € 619 ▼ 97% vs 2024 (€ 22,945) Unchanged	▼ 97%

Key figures of TOP FLAG, 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 FLAG?

What happened at TOP FLAG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Sep 29, 2026 New annual accounts for financial year 2025: loss of € 40,174. filed late Source: NBB ↗
2022 RENTA IMMO SPRL became a director. NBB
2022 Chantal CAECKELBERGHS became a director. NBB
Aug 1, 2016 New establishment in Wavre. KBO
Aug 1, 2016 Start of the company according to the CBE. KBO

In short

From € 24,811 loss in 2022 to € 40,174 loss in 2025.

Paid € 398 in corporate taxes since 2022.

Original PDFs at the National Bank ↗

Management

RENTA IMMO 60%

The stake of RENTA IMMO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

TOP FLAG

Behind TOP FLAG are RENTA IMMO SPRL and Chantal CAECKELBERGHS. The shares are held by RENTA IMMO (60%).

Directors

According to the 2025 annual accounts

RENTA IMMO SPRL

Director

Also active at: RENTA PUB

since 2022

Chantal CAECKELBERGHS

Director

Also active at: RENTA IMMO, RENTA PUB

since 2022

Shareholders

RENTA IMMO

60%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue Provinciale 291

1301 Wavre

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

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€ 90,993 gross margin · 2025

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€ 618,690 gross margin · 2025

IDEAL CONSULTING ET GESTION

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0660.601.375
VAT number: BE 0660.601.375
Registered office: Rue Provinciale 291, 1301 Wavre
Names & denominations: TOP FLAG
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 1 August 2016
Peppol: Active · Active since 26 Nov 2025
Activities · NACE: Activiteiten van reclamebureaus

View on CBE Public ↗ Annual accounts (NBB) ↗