ACTIVE

TOP SELECTION

Financial year 2024 · closed on 31/12/2024
Net result
-181,1 k €
+46.0% YoY
Gross margin
238,4 k €
+86.0% YoY
Equity
3 M €
-5.6% YoY

What does TOP SELECTION do?

TOP SELECTION is a Private limited company incorporated in 1981. Its registered office is in Waregem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0421.334.544
Incorporation
07/01/1981
Legal form
Private limited company
Registered office
Grote Heerweg 279
8791 Waregem · FlandreSee on map
Contributed capital
5 402 820,00 €
Latest accounts
31/12/2024
Joint committees (1)
  • 218
Signals
Solid equityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin238,4 k €128,2 k €290,3 k €359,3 k €333,3 k €329 k €284,3 k €235,4 k €199,8 k €270,7 k €260,3 k €520,7 k €540,5 k €478,5 k €502,9 k €543,6 k €462,8 k €110,6 k €78,5 k €
EBITDA183,9 k €48,5 k €224,6 k €303,4 k €263,5 k €278,6 k €218,8 k €182,6 k €135,3 k €226,4 k €195,4 k €458,6 k €481,3 k €427,9 k €456,4 k €497,2 k €425,1 k €88,3 k €56,8 k €
Operating result-156,8 k €-264,9 k €-75,7 k €-10,4 k €-51,5 k €-36,5 k €-103 k €-275,5 k €-285,3 k €-194,2 k €-240,1 k €31,2 k €64,3 k €10,5 k €38,2 k €79 k €6,9 k €-332,4 k €31,5 k €
Net result-181,1 k €-335,5 k €-103,8 k €58,8 k €-90 k €-90,9 k €-180,4 k €-395,2 k €-453,1 k €-371,1 k €-426,2 k €-164,1 k €-140,7 k €-203,9 k €-186,5 k €-155,4 k €-239 k €-357,2 k €19 k €
Balance sheet
Equity3 M €3,2 M €2,3 M €2,4 M €2,3 M €2,4 M €2,5 M €-1,4 M €-2,6 M €-2,2 M €-1,8 M €-1,4 M €-1,2 M €-1,1 M €-872,3 k €-685,8 k €-530,3 k €-291,3 k €65,8 k €
Total assets6,8 M €7 M €6,1 M €6,4 M €6,6 M €6,9 M €7,2 M €3,5 M €2,4 M €2,7 M €3,1 M €3,6 M €3,9 M €4,3 M €4,7 M €5,1 M €5,5 M €6 M €461 k €
Cash97 k €144,9 k €160,8 k €184,8 k €95,1 k €36,3 k €59,4 k €63,3 k €101,2 k €36,7 k €18,4 k €122,8 k €76,8 k €18 k €120,3 k €91,2 k €22,4 k €55,1 k €20,5 k €
Debts3,8 M €3,8 M €3,8 M €4 M €4,3 M €4,5 M €4,7 M €4,9 M €5 M €4,9 M €4,9 M €5 M €5,1 M €5,4 M €5,6 M €5,8 M €6 M €6,3 M €394,5 k €
Other
Workforce0,5 ETP0,5 ETP0,5 ETP0,5 ETP0,4 ETP0,3 ETP0,3 ETP0,3 ETP0,3 ETP0,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 15 ended

Active mandates

TER HEIRWEGHE

Director · 0467.056.978

Active

Ended mandates

TER HEIRWEGHE

Director · since 14 septembre 2023 · until 31 décembre 2023 · 0467.056.978

Ended
Claude Verstraete

Managing director · since 20 décembre 2012 · until 20 décembre 2018

Ended
Marc VERSTRAETE

Director · since 20 décembre 2012 · until 20 décembre 2018

Ended
TER HEIRWEGHE

Director · since 20 décembre 2012 · until 20 décembre 2018 · 0467.056.978

Represented by Claude VERSTRAETE

Ended
At this address

Other companies at this address

CompanyCBE no.
TER HEIRWEGHEActive
0467.056.978
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date13/06/202526/09/202422/06/202320/10/202222/11/202121/10/2020
General meeting17/05/202518/05/202430/03/202330/03/202230/03/202130/03/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202417/05/202513/06/2025DutchPDF
Micro model31/12/202318/05/202426/09/2024DutchPDF
Micro model31/12/202230/03/202322/06/2023DutchPDF
Micro model31/12/202130/03/202220/10/2022DutchPDF
Micro model31/12/202030/03/202122/11/2021DutchPDF
Micro model31/12/201930/03/202021/10/2020DutchPDF
Micro model31/12/201830/03/201903/07/2019DutchPDF
Micro model31/12/201730/03/201810/08/2018DutchPDF
Micro model31/12/201631/03/201714/06/2017DutchPDF
Abridged model31/12/201525/03/201627/09/2016DutchPDF
Abridged model31/12/201427/03/201514/04/2015DutchPDF
Abridged model31/12/201328/03/201429/09/2014DutchPDF
Abridged model31/12/201229/03/201329/08/2013DutchPDF
Abridged model31/12/201130/03/201227/08/2012DutchPDF
Abridged model31/12/201025/03/201108/07/2011DutchPDF
Abridged model31/12/200926/03/201018/08/2010DutchPDF
Abridged model31/12/200827/03/200903/06/2009DutchPDF
Abridged model31/12/200728/03/200805/07/2008DutchPDF
Abridged model31/12/200630/03/200725/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 15 ended

Active mandates

TER HEIRWEGHE

Director · 0467.056.978

Active

Ended mandates

TER HEIRWEGHE

Director · since 14 septembre 2023 · until 31 décembre 2023 · 0467.056.978

Ended
Claude Verstraete

Managing director · since 20 décembre 2012 · until 20 décembre 2018

Ended
Marc VERSTRAETE

Director · since 20 décembre 2012 · until 20 décembre 2018

Ended
TER HEIRWEGHE

Director · since 20 décembre 2012 · until 20 décembre 2018 · 0467.056.978

Represented by Claude VERSTRAETE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates19/03/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares04/04/2018
    KAPITAAL - AANDELEN
    PDF
  • Mandates22/01/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/03/2007
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/03/2003
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/03/2003
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-181,1 k €
  2. 2023
    Annual accounts 2023-335,5 k €
  3. 2022
    Annual accounts 2022-103,8 k €
  4. 2021
    Annual accounts 202158,8 k €
  5. 2020
    Annual accounts 2020-90 k €
  6. 2019
    Annual accounts 2019-90,9 k €
  7. 2018
    Annual accounts 2018-180,4 k €
  8. 2017
    Annual accounts 2017-395,2 k €
  9. 2016
    Annual accounts 2016-453,1 k €
  10. 2015
    Annual accounts 2015-371,1 k €
  11. 2014
    Annual accounts 2014-426,2 k €
  12. 2013
    Annual accounts 2013-164,1 k €
  13. 2012
    Annual accounts 2012-140,7 k €
  14. 2011
    Annual accounts 2011-203,9 k €
  15. 2010
    Annual accounts 2010-186,5 k €
  16. 2009
    Annual accounts 2009-155,4 k €
  17. 2008
    Annual accounts 2008-239 k €
  18. 2007
    Annual accounts 2007-357,2 k €
  19. 2006
    Annual accounts 200619 k €
  20. 07/01/1981
    IncorporationPrivate limited company