Financials
Financial year 2025
TOP RENOVATIONS from Ichtegem, company number BE0758802492, closed financial year 2025 with a result of € -16,315 after tax. For that financial year TOP RENOVATIONS recorded a gross margin of € -4,085 and equity of € 17,950. Compared with financial year 2024, the result moved from € 2,835 to € -16,315. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 17,950
▼ 48% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -16,315
▼ still € 2,835 profit in 2024
Profit after tax over the fiscal year.
€ 512
▼ 96% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 14,950.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 26,137
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 36,138
▼ 17% vs 2024
€ 7,734 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1,035
▼ 92% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,800
▼ 50% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 15,341 | € 15,640 | € 14,851 | € -4,085 | ▼ € 18,935 |
| Profit after taxes | € 9,536 | € 10,403 | € 2,835 | € -16,315 | ▼ € 19,150 |
| Equity | € 42,528 | € 37,930 | € 34,265 | € 17,950 | ▼ 48% |
| Total debts | € 38,264 | € 26,048 | € 68,786 | € 48,788 | ▼ 29% |
| Cash | € 2,877 | € 11,501 | € 13,581 | € 512 | ▼ 96% |
| Retained profit | € 39,528 | € 34,930 | € 31,265 | € 14,950 | ▼ 52% |
| Dividend | € 0 | € 15,000 | € 6,500 | € 0 | ▼ 100% |
| Bank debt | € 9,733 | € 7,893 | € 43,562 | € 36,138 | ▼ 17% |
| Balance sheet total | € 80,791 | € 63,979 | € 103,051 | € 66,738 | ▼ 35% |
Key figures of TOP RENOVATIONS, 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 RENOVATIONS?
What happened at TOP RENOVATIONS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 16,315 (▼ € 19,150 vs 2024). Source: NBB ↗
- New establishment in Ichtegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,536 profit in 2022 to € 16,315 loss in 2025.
Paid € 6,314 in corporate taxes since 2022.
Best year ever: 2023, with € 10,403 profit.
Paid out € 21,500 in dividends to the owners in total.
Management
Behind TOP RENOVATIONS is Michael Van den Abbeele.
Directors
According to the 2025 annual accounts
Michael Van den Abbeele
Director
Establishments
Establishment units
Physical locations of this company
Tuinstraat(FBEK) 11
8480 Ichtegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0758.802.492
- VAT number
- BE 0758.802.492
- Registered office
- Tuinstraat(FBEK) 11, 8480 Ichtegem
- Names & denominations
- TOP RENOVATIONS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 November 2020
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Algemene bouw van residentiële gebouwen
Bouwrijp maken van terreinen
Metselwerk
Stukadoorswerk
Installatie van isolatie
Dakwerkzaamheden
Algemene bouw van andere niet-residentiële gebouwen
Algemene elektrotechnische installatiewerken
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