ACTIVE

TOPTECH SYSTEMS

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Financial year 2025 · closed on 31/12/2025

Net result

923,1 k €

-0.7% YoY

Revenue

5,8 M €

-5.1% YoY

Equity

2,1 M €

+77.3% YoY

Workforce

17,2 ETP

0.0% YoY

What does TOPTECH SYSTEMS do?

TOPTECH SYSTEMS is a Public limited company incorporated in 1995. Its registered office is in Beveren-Kruibeke-Zwijndrecht. It employs on average 17,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0455.520.908

Incorporation

21/06/1995

Legal form

Public limited company

Registered office

Nieuwe Weg 1
2070 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map

Contributed capital

148 736,00 €

Latest accounts

31/12/2025

Average workforce

17,2 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2011		2006
Income statement
Revenue	5,8 M €	-5.1%	6,1 M €	+11.8%	5,5 M €	-9.2%	6 M €	+4.3%	5,8 M €	-35.1%	8,9 M €	+88.3%	4,7 M €	+2.5%	4,6 M €	+15.4%	4 M €	-59.6%	9,9 M €	+602%	1,4 M €	-73.1%	5,2 M €	+36.3%	3,8 M €	-45.1%	7 M €	+78.3%	3,9 M €
EBITDA	1,2 M €	-3.8%	1,3 M €	+26.8%	1 M €	-31.4%	1,5 M €	+14.0%	1,3 M €	+149%	516,2 k €	-34.7%	790 k €	-10.4%	881,4 k €	+351%	195,5 k €	-88.5%	1,7 M €	+890%	-214,4 k €	-125%	849 k €	+1292%	-71,3 k €	-108%	913,4 k €	+28.2%	712,7 k €
Operating result	1,3 M €	+1.7%	1,2 M €	+25.1%	986,8 k €	-33.0%	1,5 M €	+16.8%	1,3 M €	+135%	535,6 k €	-31.3%	779,8 k €	-8.7%	854,5 k €	+323%	201,8 k €	-87.9%	1,7 M €	+729%	-264,9 k €	-133%	813,3 k €	+830%	-111,5 k €	-113%	854,7 k €	+26.0%	678,1 k €
Net result	923,1 k €	-0.7%	929,4 k €	+28.0%	726,2 k €	-43.0%	1,3 M €	+73.2%	735,3 k €	+90.4%	386,1 k €	-34.4%	588,2 k €	+10.4%	532,9 k €	+1976%	25,7 k €	-97.5%	1 M €	+2.2%	999,1 k €	+70.4%	586,4 k €	+593%	-119 k €	-123%	525,8 k €	+7.1%	490,8 k €
Balance sheet
Equity	2,1 M €	+77.3%	1,2 M €	+351%	264,6 k €	-81.6%	1,4 M €	-77.4%	6,4 M €	+13.1%	5,6 M €	+7.4%	5,2 M €	+12.7%	4,6 M €	+13.0%	4,1 M €	+0.6%	4,1 M €	+33.3%	3,1 M €	+48.4%	2,1 M €	+39.6%	1,5 M €	-16.9%	1,8 M €	+220%	556 k €
Total assets	4 M €	-9.8%	4,5 M €	-5.6%	4,7 M €	+23.3%	3,8 M €	-51.4%	7,9 M €	-7.6%	8,5 M €	+29.9%	6,6 M €	+8.7%	6 M €	+18.1%	5,1 M €	-15.9%	6,1 M €	+31.3%	4,6 M €	+55.2%	3 M €	+34.5%	2,2 M €	-43.0%	3,9 M €	+89.6%	2,1 M €
Cash	3 M €	+24.0%	2,4 M €	-16.6%	2,9 M €	+16.4%	2,5 M €	-31.3%	3,6 M €	+98.0%	1,8 M €	-7.9%	2 M €	+79.6%	1,1 M €	+98.8%	556,7 k €	+16.3%	478,8 k €	-85.3%	3,2 M €	+124%	1,4 M €	+142%	598,2 k €	-26.3%	811,5 k €	+14.7%	707,3 k €
Debts	1,1 M €	-43.4%	2 M €	-35.5%	3 M €	+62.7%	1,9 M €	+45.0%	1,3 M €	-52.2%	2,7 M €	+132%	1,2 M €	-8.0%	1,3 M €	+34.6%	942 k €	-48.9%	1,8 M €	+19.4%	1,5 M €	+120%	700,4 k €	+10.3%	635,1 k €	-67.6%	2 M €	+36.4%	1,4 M €
Other
Workforce	17,2 ETP	0.0%	17,2 ETP	-2.8%	17,7 ETP	-9.7%	19,6 ETP	+7.1%	18,3 ETP	+8.3%	16,9 ETP	+1.8%	16,6 ETP	+3.8%	16,0 ETP	+3.2%	15,5 ETP	+11.5%	13,9 ETP	-3.5%	14,4 ETP	-7.7%	15,6 ETP	-8.2%	17,0 ETP	-14.6%	19,9 ETP	+29.2%	15,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 34 ended

Active mandates

Emmy Maria Sjogren

Director · since 12 décembre 2025 · until 12 décembre 2031

Active

Dave Vogl

Managing director · since 19 novembre 2024 · until 03 mai 2030

Active

Steven Hamelin

Director · since 19 novembre 2024 · until 03 mai 2030

Active

Ended mandates

Dave Vogl

Director · since 19 novembre 2024 · until 03 mai 2030

Ended

Nicole Jung

Director · since 15 septembre 2023 · until 07 mai 2027

Ended

Jenna Michelle Myszak

Director · since 12 mai 2022 · until 02 mai 2025

Ended

Jenna Michelle Myszak

Director · since 12 mai 2022 · until 02 mai 2027

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	02/07/2026	03/06/2025	04/07/2024	07/06/2023	22/12/2022	30/06/2021
General meeting	30/06/2026	30/05/2025	28/06/2024	29/05/2023	30/06/2022	30/06/2021
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
Full model	31/12/2025	30/06/2026	02/07/2026	Dutch	PDF
Full model	31/12/2024	30/05/2025	03/06/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	04/07/2024	Dutch	PDF
Full model	31/12/2022	29/05/2023	07/06/2023	Dutch	PDF
Full modelCorrection	31/12/2021	30/06/2022	22/12/2022	Dutch	PDF
Full model	31/12/2021	30/06/2022	01/07/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	30/06/2021	Dutch	PDF
Full model	31/12/2019	30/06/2020	06/07/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	28/06/2019	Dutch	PDF
Full model	31/12/2017	29/06/2018	23/07/2018	Dutch	PDF
Full model	31/12/2016	05/05/2017	06/07/2017	Dutch	PDF
Full model	31/12/2015	06/05/2016	04/08/2016	Dutch	PDF
Full model	31/12/2014	06/05/2015	29/06/2015	Dutch	PDF
Full model	31/12/2013	02/05/2014	23/06/2014	Dutch	PDF
Full model	31/12/2012	04/05/2013	29/07/2013	Dutch	PDF
Full model	31/12/2011	04/05/2012	12/07/2012	Dutch	PDF
Full model	31/12/2010	11/05/2011	04/07/2011	Dutch	PDF
Full model	31/12/2009	07/05/2010	24/06/2010	Dutch	PDF
Full model	31/12/2008	24/06/2009	13/07/2009	Dutch	PDF
Full model	31/12/2007	20/06/2008	04/08/2008	Dutch	PDF
Full model	31/12/2006	27/09/2007	17/10/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 31/12/2025 · 3 active · 34 ended

Active mandates

Emmy Maria Sjogren

Director · since 12 décembre 2025 · until 12 décembre 2031

Active

Dave Vogl

Managing director · since 19 novembre 2024 · until 03 mai 2030

Active

Steven Hamelin

Director · since 19 novembre 2024 · until 03 mai 2030

Active

Ended mandates

Dave Vogl

Director · since 19 novembre 2024 · until 03 mai 2030

Ended

Nicole Jung

Director · since 15 septembre 2023 · until 07 mai 2027

Ended

Jenna Michelle Myszak

Director · since 12 mai 2022 · until 02 mai 2025

Ended

Jenna Michelle Myszak

Director · since 12 mai 2022 · until 02 mai 2027

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other02/07/2026
—
PDF
Mandates12/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/08/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/07/2022
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 2025923,1 k €↓
2024
Annual accounts 2024929,4 k €↑
2023
Annual accounts 2023726,2 k €↓
2022
Annual accounts 20221,3 M €↑
2021
Annual accounts 2021735,3 k €↑
2020
Annual accounts 2020386,1 k €↓
2019
Annual accounts 2019588,2 k €↑
2018
Annual accounts 2018532,9 k €↑
2017
Annual accounts 201725,7 k €↓
2016
Annual accounts 20161 M €↑
2015
Annual accounts 2015999,1 k €↑
2014
Annual accounts 2014586,4 k €↑
2013
Annual accounts 2013-119 k €↓
2011
Annual accounts 2011525,8 k €↑
2011
Name changeToptech Systems NV
2006
Annual accounts 2006490,8 k €
2006
Name changeTOPTECH EUROPE
21/06/1995
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

TOPTECH SYSTEMS

Overview

What does TOPTECH SYSTEMS do?

Trend over 15 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