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 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
-
Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
TOPPROJECTS from Kortrijk, company number BE0684527812, closed financial year 2024 with a result of € -47,147 after tax. For that financial year TOPPROJECTS recorded a gross margin of € -13,580 and equity of € -297,325. Compared with financial year 2023, the result moved from € -32,939 to € -47,147. 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 January 8, 2026.
€ -297,325
▼ € 47,147 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -47,147
▼ 43 % more loss than in 2023
Profit after tax over the fiscal year.
€ 3,830
▲ € 2,935 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -317,325.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 9,128
▼ 36% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 450,000
▼ 2% vs 2023
Loans from banks and other lenders, long and short.
€ 3,326
▼ 86% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 34,285
▲ 282% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -84,843 | € -58,499 | € -5,142 | € -13,580 | ▼ € 8,438 |
| Profit after taxes | € -95,825 | € -71,517 | € -32,939 | € -47,147 | ▼ € 14,209 |
| Equity | € -145,722 | € -217,239 | € -250,178 | € -297,325 | ▼ € 47,147 |
| Total debts | € 553,672 | € 533,078 | € 544,717 | € 542,355 | |
| Cash | € 152,497 | € 27,684 | € 895 | € 3,830 | ▲ € 2,935 |
| Retained profit | € -165,722 | € -237,239 | € -270,178 | € -317,325 | ▼ € 47,147 |
| Bank debt | € 500,000 | € 450,000 | € 457,156 | € 450,000 | ▼ 2% |
| Balance sheet total | € 407,950 | € 315,839 | € 294,539 | € 245,029 | ▼ 17% |
Key figures of TOPPROJECTS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to TOPPROJECTS?
What happened at TOPPROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 47,147. filed late Source: NBB ↗
- New establishment in Kortrijk. KBO
- Devigné de Mûelenaere became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 95,825 loss in 2021 to € 47,147 loss in 2024.
Paid € 673 in corporate taxes since 2021.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of DEMAD comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TOPPROJECTSBehind TOPPROJECTS is Devigné de Mûelenaere . The shares are held by DEMAD (50%). It owns 12.4% of Demû Bouwgroep itself.
Directors
According to the 2024 annual accounts
since 2017
Shareholders
50%
Participations
12.4%
Establishments
Establishment units
Physical locations of this company
Sasboslaan(Bel) 16A
8510 Kortrijk
Kastanjeboomlaan(Kor) 5
8500 Kortrijk
Active since 9 November 2017
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0684.527.812
- VAT number
- BE 0684.527.812
- Registered office
- Sasboslaan(Bel) 16A, 8510 Kortrijk
- Names & denominations
- TOPPROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 November 2017
- Peppol
- Active · Active since 1 Jan 2026
- Activities · NACE
Algemene bouw van residentiële gebouwen
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Ontwikkeling van niet-residentiële bouwprojecten
Diverse administratieve activiteiten ten behoeve van kantoren