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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Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DRY-TOP from Gent, company number BE0830070471, closed financial year 2025 with a result of € 944,653 after tax. For that financial year DRY-TOP recorded revenue of € 42.6 million and equity of € 3 million. Compared with financial year 2024, the result moved from € 625,742 to € 944,653. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 3 million
▲ 47% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 944,653
▲ 51% vs 2024
Profit after tax over the fiscal year.
€ 789,315
▲ 35% 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 € 2.2 million.
People and assets in 2025
0.6
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 29,183
▲ € 26,796 vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 8.1 million
▲ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 72 days on average.
€ 11,339
▼ 41% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 20,576,947 | € 21,598,868 | € 27,339,484 | € 42,593,591 | ▲ 56% |
| Profit after taxes | € 1,428,177 | € 498,352 | € 625,742 | € 944,653 | ▲ 51% |
| Equity | € 899,905 | € 1,398,257 | € 2,023,999 | € 2,968,652 | ▲ 47% |
| Total debts | € 7,459,273 | € 6,183,828 | € 9,146,523 | € 12,611,842 | ▲ 38% |
| Cash | € 533,603 | € 596,156 | € 583,574 | € 789,315 | ▲ 35% |
| Retained profit | € 149,905 | € 648,257 | € 1,273,999 | € 2,218,652 | ▲ 74% |
| Dividend | € 4,784,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 8,359,178 | € 7,582,085 | € 11,170,522 | € 15,580,494 | ▲ 39% |
| Employees (FTE) | 1.3 | 0.3 | 0.1 | 0.6 | ▲ 0.5 |
Key figures of DRY-TOP, 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 DRY-TOP?
What happened at DRY-TOP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Martine Verbiest stepped down as director. NBB
- NUTMEG NV stepped down as director. NBB
- Greens & More BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 944,653 (▲ 51% vs 2024). Source: NBB ↗
- Martine Verbiest became a director. NBB
- NUTMEG NV became a director. NBB
- Greens & More BV became a director. NBB
- New establishment in Gent. KBO
In short
From € 1.4 million profit in 2022 to € 944,653 profit in 2025.
Paid € 1.2 million in corporate taxes since 2022.
Best year ever: 2022, with € 1.4 million profit.
Paid out € 4.8 million in dividends to the owners in total.
Management
The stake of NUTMEG, Greens & More comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DRY-TOPThe shares are held by NUTMEG (66.7%) and Greens & More (33.3%). It owns 98.7% of DRY TOP ITALIA and 50% of The Wholapola Company itself.
Directors
According to the 2025 annual accounts
Martine Verbiest
Director
Also active at: OMNIPACK REYNIERS, ASSTRA, NUTMEG, Fruttato, DTRA, HIGHLANDS FRUIT TRADE
since 2024 · until 2030
Managing director · represented by Guy Reyniers
since 2019 · until 2030
Managing director · represented by Christophe De Brauwer
since 2019 · until 2030
Shareholders
66.7%
33.3%
Participations
DRY TOP ITALIA
98.7%
Establishments
Establishment units
Physical locations of this company
Korenlei 21 box A
9000 Gent
Korenlei 21A
9000 Gent
Active since 8 October 2010
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0830.070.471
- VAT number
- BE 0830.070.471
- Registered office
- Korenlei 21 bus A, 9000 Gent
- Names & denominations
- DRY-TOP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 October 2010
- Peppol
- Active · Active since 28 Oct 2025
- Activities · NACE
Groothandel in groenten en fruit, muv consumptieaardappelen
Activiteiten van verpakkingsbedrijven