TopAsfalt
0508.599.407 · rovalta.com · 23/09/2026
ACTIVE
TopAsfalt
Financial year 2025 · closed on 31/12/2025
Net result
149,2 k €
-46.2% YoY
Revenue
11,8 M €
-15.1% YoY
Equity
1,6 M €
+5.9% YoY
Workforce
7,2 ETP
-6.5% YoY
Overview
What does TopAsfalt do?
TopAsfalt is a Public limited company incorporated in 2012. Its main activity is: Manufacture of other non-metallic mineral products n.e.c.. Its registered office is in Oostende. It employs on average 7,2 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0508.599.407
Incorporation
19/12/2012
Legal form
Public limited company
Registered office
Oudenburgsesteenweg 106
8400 Oostende · FlandreSee on map
8400 Oostende · FlandreSee on map
Contributed capital
351 780,00 €
Latest accounts
31/12/2025
Average workforce
7,2 ETP
Activities (NACE)
Joint committees (2)
- 124
- 200
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Available with a Rovalta subscriptionTry for 7 days
Financials
Trend over 13 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||
| Revenue | 11,8 M € | -15.1% | 13,8 M € | +9.1% | 12,7 M € | +1.8% | 12,5 M € | +20.9% | 10,3 M € | +16.3% | 8,9 M € | -17.4% | 10,7 M € | – | – | – | 8,1 M € | +16.4% | 7 M € | – | |||||
| EBITDA | 1,1 M € | -9.7% | 1,2 M € | +6.6% | 1,2 M € | -8.8% | 1,3 M € | -3.1% | 1,3 M € | +1.7% | 1,3 M € | +2.8% | 1,3 M € | +4.1% | 1,2 M € | -19.4% | 1,5 M € | +10.0% | 1,4 M € | +19.2% | 1,1 M € | +42.1% | 801 k € | +663% | -142,2 k € |
| Operating result | 421 k € | -25.0% | 561 k € | +8.4% | 517,7 k € | -17.2% | 625,5 k € | -15.8% | 742,6 k € | +39.7% | 531,6 k € | +23.0% | 432,3 k € | +32.9% | 325,2 k € | +51.5% | 214,7 k € | -35.5% | 332,9 k € | +34.8% | 246,9 k € | +23.2% | 200,4 k € | +241% | -142,3 k € |
| Net result | 149,2 k € | -46.2% | 277,4 k € | +9.3% | 253,7 k € | -43.8% | 451,3 k € | -15.7% | 535,5 k € | +25.8% | 425,7 k € | +39.9% | 304,3 k € | +16.3% | 261,7 k € | +9.2% | 239,7 k € | +29.8% | 184,6 k € | +13.7% | 162,4 k € | +28.2% | 126,6 k € | +185% | -149,4 k € |
| Balance sheet | |||||||||||||||||||||||||
| Equity | 1,6 M € | +5.9% | 1,5 M € | -54.0% | 3,3 M € | +6.3% | 3,1 M € | +14.4% | 2,7 M € | +16.1% | 2,3 M € | +7.6% | 2,2 M € | +11.3% | 2 M € | +6.3% | 1,8 M € | +1.1% | 1,8 M € | +6.7% | 1,7 M € | +32.3% | 1,3 M € | +7.0% | 1,2 M € |
| Total assets | 8 M € | -22.2% | 10,2 M € | +1.2% | 10,1 M € | -1.6% | 10,3 M € | +3.0% | 10 M € | +6.4% | 9,4 M € | -12.9% | 10,8 M € | -1.4% | 10,9 M € | -7.6% | 11,8 M € | -9.3% | 13 M € | +4.6% | 12,5 M € | +14.1% | 10,9 M € | +47.5% | 7,4 M € |
| Cash | 341,3 k € | -90.8% | 3,7 M € | +78.3% | 2,1 M € | -31.6% | 3 M € | +90.3% | 1,6 M € | -15.6% | 1,9 M € | +315% | 455,7 k € | -18.6% | 559,7 k € | +6.5% | 525,5 k € | -18.5% | 644,8 k € | +28.4% | 502,3 k € | +305% | 124 k € | -48.2% | 239,2 k € |
| Debts | 6,3 M € | -27.2% | 8,7 M € | +28.0% | 6,8 M € | -5.0% | 7,2 M € | -1.3% | 7,3 M € | +3.3% | 7 M € | -18.2% | 8,6 M € | -4.2% | 9 M € | -10.1% | 10 M € | -10.9% | 11,2 M € | +4.2% | 10,7 M € | +11.6% | 9,6 M € | +55.3% | 6,2 M € |
| Other | |||||||||||||||||||||||||
| Workforce | 7,2 ETP | -6.5% | 7,7 ETP | +22.2% | 6,3 ETP | -10.0% | 7,0 ETP | 0.0% | 7,0 ETP | -10.3% | 7,8 ETP | +11.4% | 7,0 ETP | +62.8% | 4,3 ETP | -54.3% | 9,4 ETP | -6.9% | 10,1 ETP | +46.4% | 6,9 ETP | +116% | 3,2 ETP | +967% | 0,3 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 5 M€ and 10 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 22 ended
Active mandates
Ended mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
BALEGRO● Active | 0420.538.847 |
BTW-eenheid Verhelst Group● Active | 0715.511.491 |
DRONGEN E40● Active | 0792.867.706 |
EUROPEAN PORT SERVICES● Active | 0421.687.605 |
GECA INVEST● Active | 0471.743.266 |
RECYC WEST● Active | 0455.261.085 |
TERRA COSA● Active | 0881.076.239 |
T.M.C. BELGIUM● Active | 0427.365.766 |
TM Verhelst-Vanlerberghe● Active | 0761.666.467 |
Top-Mix● Active | 0415.555.324 |
TOP-MIX RECYCLING● Active | 0720.650.018 |
Transport Janssens● Active | 0415.603.626 |
VERHELST AANNEMINGEN● Active | 0405.262.931 |
| 0651.868.506 | |
VERHELST GROUP● Active | 0466.316.018 |
Verhelst Immo● Active | 0416.873.534 |
VERHELST IMMO II● Active | 0444.033.930 |
Verhelst Machines● Active | 0460.700.510 |
VERHELST SERVICES● Active | 1016.042.930 |
Financials
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 | 15/07/2026 | 15/07/2025 | 15/07/2024 | 27/06/2023 | 12/07/2022 | 15/07/2021 |
| General meeting | 26/06/2026 | 27/06/2025 | 28/06/2024 | 20/05/2023 | 21/05/2022 | 23/06/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
14 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 26/06/2026 | 15/07/2026 | Dutch | |
| Full model | 31/12/2024 | 27/06/2025 | 15/07/2025 | Dutch | |
| Full model | 31/12/2023 | 28/06/2024 | 15/07/2024 | Dutch | |
| Full model | 31/12/2022 | 20/05/2023 | 27/06/2023 | Dutch | |
| Full model | 31/12/2021 | 21/05/2022 | 12/07/2022 | Dutch | |
| Full model | 31/12/2020 | 23/06/2021 | 15/07/2021 | Dutch | |
| Full model | 31/12/2019 | 16/05/2020 | 23/06/2020 | Dutch | |
| Abridged model | 31/12/2018 | 18/05/2019 | 19/06/2019 | Dutch | |
| Abridged modelCorrection | 31/12/2017 | 21/06/2018 | 19/10/2018 | Dutch | |
| Abridged model | 31/12/2017 | 21/06/2018 | 09/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 30/06/2017 | 07/07/2017 | Dutch | |
| Full model | 31/12/2015 | 24/06/2016 | 13/07/2016 | Dutch | |
| Full model | 31/12/2014 | 06/06/2015 | 16/07/2015 | Dutch | |
| Full model | 31/12/2013 | 07/06/2014 | 14/07/2014 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 5 M€ and 10 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.
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 31/12/2025 · 3 active · 22 ended
Active mandates
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates01/10/2025ONTSLAGEN - BENOEMINGEN
- Other03/01/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - ALGEMENE VERGADERING
- Mandates22/07/2022ONTSLAGEN - BENOEMINGEN
- Mandates29/11/2021ONTSLAGEN - BENOEMINGEN
- Mandates17/07/2019ONTSLAGEN - BENOEMINGEN
- Mandates06/03/2019ONTSLAGEN - BENOEMINGEN
- Other27/12/2018STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - ALGEMENE VERGADERING
- Mandates27/07/2016ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
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 2025149,2 k €↓
- 2024Annual accounts 2024277,4 k €↑
- 2023Annual accounts 2023253,7 k €↓
- 2022Annual accounts 2022451,3 k €↓
- 2021Annual accounts 2021535,5 k €↑
- 2020Annual accounts 2020425,7 k €↑
- 2019Annual accounts 2019304,3 k €↑
- 2018Annual accounts 2018261,7 k €↑
- 2017Annual accounts 2017239,7 k €↑
- 2016Annual accounts 2016184,6 k €↑
- 2015Annual accounts 2015162,4 k €↑
- 2014Annual accounts 2014126,6 k €↑
- 2013Annual accounts 2013-149,4 k €
- 19/12/2012IncorporationPublic limited company