ACTIVE

TOPKNIT

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Financial year 2025 · closed on 31/12/2025

Net result

-58,3 k €

-150.6% YoY

Gross margin

-52,5 k €

-401.8% YoY

Equity

409 k €

-12.5% YoY

What does TOPKNIT do?

TOPKNIT is a Public limited company incorporated in 1989. Its main activity is: Manufacture of paper and paper products. Its registered office is in Sint-Niklaas.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0436.999.945

Incorporation

09/03/1989

Legal form

Public limited company

Registered office

Callaertstraat 6
9100 Sint-Niklaas · FlandreSee on map

Contributed capital

200 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

17600Manufacture of paper and paper products· main 41001Construction of buildings 41201Construction of residential and non-residential buildings 13910Manufacture of knitted and crocheted fabrics 13910Manufacture of knitted and crocheted fabrics 41002Construction of buildings+3

Joint committees (2)

Signals

Solid equityLow riskGood liquidity

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-52,5 k €	-402%	-10,5 k €	-134%	31 k €	-70.8%	106,1 k €	+28.4%	82,7 k €	+64.8%	50,2 k €	+13.4%	44,2 k €	+86.3%	23,7 k €	+301%	-11,8 k €	+53.0%	-25,1 k €	-1050%	-2,2 k €	-105%	41,4 k €	+139%	-104,9 k €	-164%	164,3 k €	-8.6%	179,7 k €	+5.1%	171 k €	-37.8%	274,8 k €	+14.7%	239,6 k €
EBITDA	-53,9 k €	-86.2%	-29 k €	-198%	29,5 k €	-71.8%	104,7 k €	+29.2%	81 k €	+71.2%	47,3 k €	+17.2%	40,4 k €	+125%	17,9 k €	+183%	-21,5 k €	+40.3%	-36 k €	-196%	-12,2 k €	-136%	33,8 k €	+114%	-236 k €	-343%	-53,2 k €	-139%	-22,3 k €	+51.1%	-45,6 k €	-7162%	646,1 €	+102%	-33,8 k €
Operating result	-58,1 k €	-99.5%	-29,1 k €	-214%	25,5 k €	-74.5%	100,2 k €	+33.8%	74,9 k €	+61.0%	46,5 k €	+87.1%	24,9 k €	+1115%	2 k €	+105%	-37,6 k €	+27.9%	-52,1 k €	-65.8%	-31,5 k €	-207%	29,4 k €	+112%	-237,8 k €	-333%	-54,9 k €	-129%	-24 k €	+47.8%	-45,9 k €	-134%	-19,6 k €	+44.0%	-35 k €
Net result	-58,3 k €	-151%	-23,3 k €	-173%	31,8 k €	-67.6%	98,1 k €	+19.7%	82 k €	+61.2%	50,8 k €	+87.7%	27,1 k €	+265%	7,4 k €	+122%	-34 k €	+31.5%	-49,6 k €	-50.1%	-33,1 k €	-193%	35,4 k €	+167%	-53 k €	-59.5%	-33,3 k €	-296%	-8,4 k €	+76.2%	-35,3 k €	-390%	-7,2 k €	-426%	2,2 k €
Balance sheet
Equity	409 k €	-12.5%	467,4 k €	-4.7%	490,6 k €	+0.4%	488,9 k €	+10.9%	440,7 k €	+38.7%	317,9 k €	+0.3%	317 k €	+9.3%	289,9 k €	+2.6%	282,5 k €	-10.7%	316,5 k €	-13.6%	366,1 k €	-8.3%	399,2 k €	+9.7%	363,8 k €	-12.7%	416,8 k €	-7.4%	450 k €	-1.8%	458,4 k €	-7.2%	493,8 k €	-32.9%	736 k €
Total assets	476,3 k €	-3.8%	495 k €	-7.1%	532,8 k €	-6.3%	568,3 k €	+8.6%	523,1 k €	+27.2%	411,3 k €	+2.9%	399,6 k €	-8.8%	438 k €	-1.4%	444,5 k €	+7.8%	412,2 k €	-29.0%	580,8 k €	+6.6%	545 k €	+19.3%	456,8 k €	-45.6%	839,3 k €	+13.0%	742,8 k €	+36.0%	546,2 k €	-18.4%	669,4 k €	-44.6%	1,2 M €
Cash	28,1 k €	-63.1%	76,1 k €	-57.8%	180,4 k €	-2.3%	184,7 k €	+88.3%	98,1 k €	+630%	13,4 k €	-7.5%	14,5 k €	+45.1%	10 k €	-44.0%	17,9 k €	+176%	6,5 k €	-50.4%	13 k €	+17.6%	11,1 k €	-66.5%	33,1 k €	+265%	9,1 k €	-77.7%	40,8 k €	+88.6%	21,6 k €	-81.0%	113,7 k €	+140%	47,4 k €
Debts	67,2 k €	+143%	27,7 k €	-34.4%	42,2 k €	-46.9%	79,4 k €	-3.6%	82,4 k €	-3.1%	85,1 k €	+3.0%	82,6 k €	-44.2%	148,1 k €	-8.2%	161,3 k €	+68.7%	95,6 k €	-55.4%	214,7 k €	+47.2%	145,9 k €	+80.0%	81 k €	-80.8%	422,5 k €	+44.3%	292,8 k €	+404%	58,1 k €	-60.2%	145,9 k €	-69.1%	471,9 k €
Other
Workforce	–		0,0 ETP		–		–		–		–		–		–		–		1,0 ETP	0.0%	1,0 ETP	-75.0%	4,0 ETP	+2.6%	3,9 ETP	-66.1%	11,5 ETP	0.0%	11,5 ETP	-6.5%	12,3 ETP	-15.2%	14,5 ETP	-9.9%	16,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 19 ended

Active mandates

Kristine Van Eygen

Director · since 25 mai 2022 · until 31 mai 2028

Active

VARADO

Director · since 25 mai 2022 · until 31 mai 2028 · 0461.904.201

Represented by Van RAEMDONCK LUC JOZEF

Active

Ended mandates

Christophe Van Raemdonck

Director · since 25 mai 2022 · until 31 mai 2028

Ended

Kristine Marie Van Eygen

Director · since 25 mai 2022 · until 31 mai 2028

Ended

VARADO

Managing director · since 25 mai 2022 · until 31 mai 2028 · 0461.904.201

Represented by Luc Jozef Van Raemdonck

Ended

Christophe Van Raemdonck

Director · since 27 mars 2020 · until 25 mai 2022

Ended

At this address

Other companies at this address

Company	CBE no.
VARADO● Active	0461.904.201

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Micro model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/07/2026	21/08/2025	28/08/2024	26/08/2024	23/06/2022	05/07/2021
General meeting	27/06/2026	30/06/2025	28/06/2024	31/05/2023	25/05/2022	25/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	27/06/2026	24/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	21/08/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	28/08/2024	Dutch	PDF
Micro modelCorrection	31/12/2022	31/05/2023	26/08/2024	Dutch	PDF
Micro model	31/12/2022	31/05/2023	26/06/2023	Dutch	PDF
Abridged model	31/12/2021	25/05/2022	23/06/2022	Dutch	PDF
Abridged model	31/12/2020	25/06/2021	05/07/2021	Dutch	PDF
Micro model	31/12/2019	30/06/2020	16/07/2020	Dutch	PDF
Micro model	31/12/2018	28/06/2019	25/07/2019	Dutch	PDF
Micro model	31/12/2017	04/06/2018	28/08/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	28/08/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	25/08/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	25/06/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	27/06/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	24/07/2013	Dutch	PDF
Abridged model	31/12/2011	29/08/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	08/07/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	09/06/2010	Dutch	PDF
Abridged model	31/12/2008	01/06/2009	26/06/2009	Dutch	PDF
Abridged model	30/12/2007	02/06/2008	04/06/2008	Dutch	PDF
Abridged model	30/12/2006	30/05/2007	08/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 31/12/2025 · 2 active · 19 ended

Active mandates

Kristine Van Eygen

Director · since 25 mai 2022 · until 31 mai 2028

Active

VARADO

Director · since 25 mai 2022 · until 31 mai 2028 · 0461.904.201

Represented by Van RAEMDONCK LUC JOZEF

Active

Ended mandates

Christophe Van Raemdonck

Director · since 25 mai 2022 · until 31 mai 2028

Ended

Kristine Marie Van Eygen

Director · since 25 mai 2022 · until 31 mai 2028

Ended

VARADO

Managing director · since 25 mai 2022 · until 31 mai 2028 · 0461.904.201

Represented by Luc Jozef Van Raemdonck

Ended

Christophe Van Raemdonck

Director · since 27 mars 2020 · until 25 mai 2022

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office31/10/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates28/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/07/2022
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/03/2020
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates28/02/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/02/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/12/2011
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/03/2010
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

2025
Annual accounts 2025-58,3 k €↓
2024
Annual accounts 2024-23,3 k €↓
2023
Annual accounts 202331,8 k €↓
2022
Annual accounts 202298,1 k €↑
2021
Annual accounts 202182 k €↑
2018
Annual accounts 201850,8 k €↑
2017
Annual accounts 201727,1 k €↑
2016
Annual accounts 20167,4 k €↑
2015
Annual accounts 2015-34 k €↑
2014
Annual accounts 2014-49,6 k €↓
2013
Annual accounts 2013-33,1 k €↓
2012
Annual accounts 201235,4 k €↑
2011
Annual accounts 2011-53 k €↓
2010
Annual accounts 2010-33,3 k €↓
2009
Annual accounts 2009-8,4 k €↑
2008
Annual accounts 2008-35,3 k €↓
2007
Annual accounts 2007-7,2 k €↓
2006
Annual accounts 20062,2 k €
09/03/1989
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

TOPKNIT

Overview

What does TOPKNIT do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline