TOP MERCHANDISING
0450.062.875 · rovalta.com · 23/09/2026
ACTIVE
TOP MERCHANDISING
Financial year 2025 · closed on 31/12/2025
Net result
782,2 €
-52.5% YoY
Gross margin
47,4 k €
-0.9% YoY
Equity
51,9 k €
+1.5% YoY
Overview
What does TOP MERCHANDISING do?
TOP MERCHANDISING is a Private company with limited liability incorporated in 1993. Its main activity is: Media representation. Its registered office is in Schaerbeek.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0450.062.875
Incorporation
05/05/1993
Legal form
Private company with limited liability
Registered office
Boulevard Lambermont 470
1030 Schaerbeek · BruxellesSee on map
1030 Schaerbeek · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
Joint committees (2)
- 100
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 14 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||
| Gross margin | 47,4 k € | -0.9% | 47,9 k € | -36.9% | 75,8 k € | -78.5% | 351,8 k € | -0.9% | 354,8 k € | +21.3% | 292,6 k € | -43.3% | 515,9 k € | +26.9% | 406,4 k € | -36.9% | 644,1 k € | -32.6% | 955,6 k € | -0.5% | 960,3 k € | +8.1% | 888,1 k € | +16.1% | 764,6 k € | +39.6% | 547,5 k € |
| EBITDA | 7,8 k € | -14.4% | 9,2 k € | +15.2% | 7,9 k € | -3.4% | 8,2 k € | +42.0% | 5,8 k € | -13.0% | 6,7 k € | +324% | -3 k € | +93.9% | -49,2 k € | -215% | 42,8 k € | -43.0% | 75,2 k € | -16.6% | 90,1 k € | +147% | 36,4 k € | -29.6% | 51,8 k € | +1539% | 3,2 k € |
| Operating result | 1,7 k € | -29.0% | 2,4 k € | +209% | 764,2 € | -70.2% | 2,6 k € | +121% | 1,2 k € | -76.4% | 4,9 k € | +173% | -6,8 k € | +88.6% | -59,3 k € | -277% | 33,5 k € | -51.8% | 69,5 k € | -16.3% | 83 k € | +200% | 27,7 k € | -32.3% | 40,9 k € | +567% | -8,8 k € |
| Net result | 782,2 € | -52.5% | 1,6 k € | +1088% | 138,6 € | -94.3% | 2,4 k € | +261% | 677,2 € | -84.6% | 4,4 k € | +179% | -5,6 k € | +92.9% | -78,6 k € | -2496% | 3,3 k € | -87.9% | 27,1 k € | -35.6% | 42,1 k € | +1042% | 3,7 k € | -72.0% | 13,2 k € | +176% | -17,2 k € |
| Balance sheet | |||||||||||||||||||||||||||
| Equity | 51,9 k € | +1.5% | 51,2 k € | +3.3% | 49,5 k € | +0.3% | 49,4 k € | -66.4% | 146,9 k € | -25.1% | 196,2 k € | -18.9% | 241,8 k € | +180% | 86,3 k € | -47.7% | 164,9 k € | +2.0% | 161,6 k € | +20.2% | 134,5 k € | +45.6% | 92,4 k € | +4.2% | 88,7 k € | +17.4% | 75,6 k € |
| Total assets | 117,1 k € | +19.9% | 97,7 k € | +9.5% | 89,2 k € | +9.3% | 81,7 k € | -67.5% | 251,3 k € | -4.6% | 263,4 k € | -23.0% | 342,2 k € | +67.1% | 204,8 k € | -21.3% | 260,3 k € | -11.0% | 292,5 k € | +17.9% | 248,1 k € | +19.5% | 207,6 k € | -3.9% | 216,1 k € | +34.1% | 161,1 k € |
| Cash | 11,2 k € | -19.0% | 13,8 k € | +14.8% | 12,1 k € | -30.9% | 17,4 k € | -70.7% | 59,6 k € | -49.0% | 116,7 k € | -30.4% | 167,8 k € | +463% | 29,8 k € | -21.5% | 37,9 k € | -59.4% | 93,5 k € | -8.1% | 101,7 k € | +11.8% | 91 k € | +171% | 33,6 k € | -24.4% | 44,4 k € |
| Debts | 65,2 k € | +40.0% | 46,5 k € | +17.2% | 39,7 k € | +29.6% | 30,7 k € | -70.6% | 104,4 k € | +55.5% | 67,1 k € | -28.9% | 94,4 k € | -20.4% | 118,6 k € | +24.2% | 95,4 k € | -27.1% | 130,9 k € | +15.2% | 113,7 k € | -1.0% | 114,8 k € | -9.9% | 127,4 k € | +50.6% | 84,6 k € |
| Other | |||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | 12,1 ETP | +7.1% | 11,3 ETP | -11.0% | 12,7 ETP | -32.8% | 18,9 ETP | -10.4% | 21,1 ETP | +3.4% | 20,4 ETP | +7.9% | 18,9 ETP | +22.7% | 15,4 ETP | ||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2018 · 1 active · 3 ended
Active mandates
Active
Ended mandates
Mariette Liekens
EndedMariette Liekens
EndedMariette LIEKENS
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
| 0778.590.789 | |
JOHN BETON DEMOLITION● Bankrupt | 0563.506.256 |
LDB Group● Active | 0804.758.124 |
NADNERB● Active | 0777.417.881 |
Pink Peaks● Active | 0790.950.074 |
QUANTANIUM● Active | 0672.677.875 |
STANLEY'S AUCTION● Active | 0684.507.323 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Abridged model | Micro model | Micro model | Micro 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 | 30/08/2026 | 29/08/2025 | 25/08/2024 | 31/08/2023 | 31/08/2022 | 31/08/2021 |
| General meeting | 13/08/2026 | 18/08/2025 | 07/08/2024 | 25/08/2023 | 25/08/2022 | 25/08/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 13/08/2026 | 30/08/2026 | Dutch | |
| Micro model | 31/12/2024 | 18/08/2025 | 29/08/2025 | Dutch | |
| Abridged model | 31/12/2023 | 07/08/2024 | 25/08/2024 | Dutch | |
| Micro model | 31/12/2022 | 25/08/2023 | 31/08/2023 | Dutch | |
| Micro model | 31/12/2021 | 25/08/2022 | 31/08/2022 | Dutch | |
| Micro model | 31/12/2020 | 25/08/2021 | 31/08/2021 | Dutch | |
| Abridged model | 31/12/2019 | 10/09/2020 | 28/10/2020 | Dutch | |
| Abridged model | 31/12/2018 | 02/05/2019 | 23/05/2019 | Dutch | |
| Abridged model | 31/12/2017 | 02/05/2018 | 31/05/2018 | Dutch | |
| Abridged model | 31/12/2016 | 03/05/2017 | 15/05/2017 | Dutch | |
| Abridged model | 31/12/2015 | 04/05/2016 | 13/05/2016 | Dutch | |
| Abridged model | 31/12/2014 | 06/05/2015 | 05/06/2015 | Dutch | |
| Abridged model | 31/12/2013 | 07/05/2014 | 06/06/2014 | Dutch | |
| Abridged model | 31/12/2012 | 02/05/2013 | 28/05/2013 | Dutch | |
| Abridged model | 31/12/2011 | 30/05/2012 | 03/07/2012 | Dutch | |
| Abridged model | 31/12/2010 | 25/05/2011 | 24/06/2011 | Dutch | |
| Abridged model | 31/12/2009 | 05/05/2010 | 01/06/2010 | Dutch | |
| Abridged model | 31/12/2008 | 06/05/2009 | 03/06/2009 | Dutch | |
| Abridged model | 31/12/2007 | 07/05/2008 | 04/06/2008 | Dutch | |
| Abridged model | 31/12/2006 | 02/05/2007 | 24/05/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2018 · 1 active · 3 ended
Active mandates
Active
Ended mandates
Mariette Liekens
EndedMariette Liekens
EndedMariette LIEKENS
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025782,2 €↓
- 2024Annual accounts 20241,6 k €↑
- 2023Annual accounts 2023138,6 €↓
- 2022Annual accounts 20222,4 k €↑
- 2021Annual accounts 2021677,2 €↓
- 2020Annual accounts 20204,4 k €↑
- 2019Annual accounts 2019-5,6 k €↑
- 2012Annual accounts 2012-78,6 k €↓
- 2011Annual accounts 20113,3 k €↓
- 2010Annual accounts 201027,1 k €↓
- 2009Annual accounts 200942,1 k €↑
- 2008Annual accounts 20083,7 k €↓
- 2007Annual accounts 200713,2 k €↑
- 2006Annual accounts 2006-17,2 k €
- 05/05/1993IncorporationPrivate company with limited liability