ACTIVE

Topwerf

Financial year 2025 · closed on 31/12/2025
Net result
171,4 k €
-2.5% YoY
Gross margin
1,4 M €
+45.6% YoY
Equity
530,4 k €
+15.6% YoY
Workforce
6,3 ETP
+14.5% YoY

What does Topwerf do?

Topwerf is a Private limited company incorporated in 2015. Its main activity is: Other specialised construction activities n.e.c.. Its registered office is in Antwerpen. It employs on average 6,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0632.798.207
Incorporation
26/06/2015
Legal form
Private limited company
Registered office
Wilsonweg 282
2610 Antwerpen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
6,3 ETP
Joint committees (1)
  • 111,01
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin1,4 M €954,9 k €683,6 k €592,8 k €449,6 k €371,2 k €277,2 k €136 k €97,4 k €116,7 k €
EBITDA902,1 k €567,6 k €321,3 k €338,8 k €279,4 k €260,4 k €216,1 k €93,1 k €85,5 k €102,8 k €
Operating result343,8 k €313,7 k €95,5 k €124,7 k €106,4 k €142,6 k €76 k €23,4 k €20,5 k €14,2 k €
Net result171,4 k €175,8 k €46,3 k €83,7 k €79,9 k €102,8 k €72,5 k €16,7 k €11,7 k €2,7 k €
Balance sheet
Equity530,4 k €459 k €358,2 k €327,8 k €274,2 k €224,3 k €115,3 k €42,7 k €26,9 k €15,1 k €
Total assets3,7 M €3,4 M €1,8 M €1,9 M €1,9 M €726,2 k €632,6 k €262,1 k €242,5 k €255,4 k €
Cash200 k €57,3 k €35,3 k €63,6 k €23,4 k €9,4 k €
Debts3,2 M €3 M €1,5 M €1,6 M €1,6 M €501,9 k €517,3 k €219,4 k €215,6 k €240,2 k €
Other
Workforce6,3 ETP5,5 ETP5,9 ETP4,7 ETP3,3 ETP2,4 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 31/12/2025 · 2 active · 5 ended

Active mandates

Dennis Anthony William

Director

Active
Inne Lefevre

Director

Active

Ended mandates

Inne Lefevre

Director · since 01 avril 2021

Ended
Dennis Anthony

Director · since 26 juin 2015

Ended
Dennis Anthony

Manager · since 26 juin 2015

Ended
Dennis William Anthony

bestuurder

Ended
At this address

Other companies at this address

CompanyCBE no.
0861.463.235
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date19/08/202611/04/202515/07/202403/08/202316/06/202217/06/2021
General meeting17/08/202601/04/202515/06/202415/06/202315/06/202215/06/2021
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged modelCorrection31/12/202517/08/202619/08/2026DutchPDF
Abridged model31/12/202516/06/202613/07/2026DutchPDF
Abridged model31/12/202401/04/202511/04/2025DutchPDF
Abridged model31/12/202315/06/202415/07/2024DutchPDF
Abridged model31/12/202215/06/202303/08/2023DutchPDF
Abridged model31/12/202115/06/202216/06/2022DutchPDF
Abridged model31/12/202015/06/202117/06/2021DutchPDF
Micro model31/12/201916/06/202030/09/2020DutchPDF
Micro model31/12/201818/06/201911/08/2019DutchPDF
Micro model31/12/201719/06/201827/08/2018DutchPDF
Abridged model31/12/201620/06/201728/08/2017DutchPDF
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 31/12/2025 · 2 active · 5 ended

Active mandates

Dennis Anthony William

Director

Active
Inne Lefevre

Director

Active

Ended mandates

Inne Lefevre

Director · since 01 avril 2021

Ended
Dennis Anthony

Director · since 26 juin 2015

Ended
Dennis Anthony

Manager · since 26 juin 2015

Ended
Dennis William Anthony

bestuurder

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates29/06/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/05/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other30/06/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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. 2025
    Annual accounts 2025171,4 k €
  2. 2024
    Annual accounts 2024175,8 k €
  3. 2023
    Annual accounts 202346,3 k €
  4. 2022
    Annual accounts 202283,7 k €
  5. 2021
    Annual accounts 202179,9 k €
  6. 2020
    Annual accounts 2020102,8 k €
  7. 2019
    Annual accounts 201972,5 k €
  8. 2018
    Annual accounts 201816,7 k €
  9. 2017
    Annual accounts 201711,7 k €
  10. 2016
    Annual accounts 20162,7 k €
  11. 26/06/2015
    IncorporationPrivate limited company