ACTIVE

DRY-TOP

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Financial year 2025 · closed on 31/12/2025

Net result

944,7 k €

+51.0% YoY

Revenue

42,6 M €

+55.8% YoY

Equity

3 M €

+46.7% YoY

Workforce

0,6 ETP

+500.0% YoY

What does DRY-TOP do?

DRY-TOP is a Public limited company incorporated in 2010. Its main activity is: Wholesale of fruit and vegetables. Its registered office is in Gent. It employs on average 0,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0830.070.471

Incorporation

08/10/2010

Legal form

Public limited company

Registered office

Korenlei 21 box A
9000 Gent · FlandreSee on map

Contributed capital

750 000,00 €

Latest accounts

31/12/2025

Average workforce

0,6 ETP

Activities (NACE)

46319Wholesale of fruit and vegetables· main 82920Packaging activities 82920Packaging activities 46319Wholesale of fruit and vegetables 46319Wholesale of fruit and vegetables

Joint committees (3)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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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		2012		2011
Income statement
Revenue	42,6 M €	+55.8%	27,3 M €	+26.6%	21,6 M €	+5.0%	20,6 M €	-5.8%	21,9 M €	-19.8%	27,3 M €	+8.9%	25 M €	-0.2%	25,1 M €	+20.9%	20,7 M €	+11.0%	18,7 M €	+2.6%	18,2 M €	+31.1%	13,9 M €	+7.2%	13 M €	+19.3%	10,9 M €	+25.6%	8,7 M €
EBITDA	1,9 M €	+71.7%	1,1 M €	+31.6%	840,4 k €	-62.4%	2,2 M €	+125%	993,1 k €	-33.4%	1,5 M €	-3.0%	1,5 M €	-6.4%	1,6 M €	+84.7%	888,8 k €	+16.0%	766 k €	-4.6%	803,4 k €	-14.2%	936,8 k €	-2.2%	957,4 k €	+2.5%	933,9 k €	+59.4%	585,8 k €
Operating result	1,4 M €	+60.7%	846,8 k €	+37.6%	615,2 k €	-71.9%	2,2 M €	+188%	758,8 k €	-30.0%	1,1 M €	-7.1%	1,2 M €	-2.3%	1,2 M €	+178%	430,3 k €	+26.4%	340,5 k €	-9.9%	377,9 k €	-21.0%	478,3 k €	-25.0%	637,4 k €	+35.4%	470,8 k €	+18.8%	396,3 k €
Net result	944,7 k €	+51.0%	625,7 k €	+25.6%	498,4 k €	-65.1%	1,4 M €	+156%	556,9 k €	-31.9%	818,2 k €	-0.2%	819,8 k €	-5.9%	871,4 k €	+301%	217,3 k €	+1.0%	215,2 k €	-16.7%	258,4 k €	-6.8%	277,3 k €	-26.1%	375,4 k €	+143%	154,6 k €	-34.7%	236,7 k €
Balance sheet
Equity	3 M €	+46.7%	2 M €	+44.8%	1,4 M €	+55.4%	899,9 k €	-78.9%	4,3 M €	+0.0%	4,3 M €	-0.0%	4,3 M €	-0.0%	4,3 M €	+25.7%	3,4 M €	+6.8%	3,2 M €	+7.2%	3 M €	+9.5%	2,7 M €	+11.3%	2,4 M €	+18.0%	2,1 M €	+36.2%	1,5 M €
Total assets	15,6 M €	+39.5%	11,2 M €	+47.3%	7,6 M €	-9.3%	8,4 M €	-3.6%	8,7 M €	-13.9%	10,1 M €	+4.0%	9,7 M €	+5.2%	9,2 M €	+8.3%	8,5 M €	+5.9%	8 M €	+24.0%	6,5 M €	-7.9%	7 M €	+2.3%	6,9 M €	+28.7%	5,3 M €	+6.2%	5 M €
Cash	789,3 k €	+35.3%	583,6 k €	-2.1%	596,2 k €	+11.7%	533,6 k €	-68.4%	1,7 M €	-22.5%	2,2 M €	+32.7%	1,6 M €	+916%	161,5 k €	-23.6%	211,5 k €	-2.3%	216,4 k €	+1.4%	213,4 k €	-60.2%	536,2 k €	+130%	232,9 k €	+55.4%	149,8 k €	-75.6%	615,2 k €
Debts	12,6 M €	+37.6%	9,1 M €	+47.8%	6,2 M €	-17.1%	7,5 M €	+69.0%	4,4 M €	-23.9%	5,8 M €	+7.5%	5,4 M €	+9.1%	4,9 M €	-3.2%	5,1 M €	+5.4%	4,8 M €	+38.2%	3,5 M €	-18.8%	4,3 M €	-2.5%	4,4 M €	+36.0%	3,3 M €	-5.1%	3,4 M €
Other
Workforce	0,6 ETP	+500%	0,1 ETP	-66.7%	0,3 ETP	-76.9%	1,3 ETP	-62.9%	3,5 ETP	-14.6%	4,1 ETP	0.0%	4,1 ETP	+7.9%	3,8 ETP	0.0%	3,8 ETP	-2.6%	3,9 ETP	-23.5%	5,1 ETP	-60.5%	12,9 ETP	-0.8%	13,0 ETP	-12.8%	14,9 ETP	-15.8%	17,7 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 · 20 ended

Active mandates

Martine Verbiest

Director · since 25 juin 2024 · until 25 juin 2030

Active

Greens & More

Managing director · since 14 octobre 2019 · until 25 juin 2030 · 0658.994.838

Represented by Christophe De Brauwer

Active

NUTMEG

Managing director · since 14 octobre 2019 · until 25 juin 2030 · 0646.939.520

Represented by Guy Reyniers

Active

Ended mandates

Greens & More

Managing director · since 14 octobre 2019 · until 14 octobre 2025 · 0658.994.838

Represented by Christophe DE BRAUWER

Ended

Greens & More

Managing director · since 14 octobre 2019 · until 14 octobre 2025 · 0658.994.838

Represented by Christophe DE BRAUWER

Ended

NUTMEG

Managing director · since 14 octobre 2019 · until 14 octobre 2025 · 0646.939.520

Represented by Guy REYNIERS

Ended

NUTMEG

Managing director · since 14 octobre 2019 · until 14 octobre 2025 · 0646.939.520

Represented by Guy REYNIERS

Ended

At this address

Other companies at this address

Company	CBE no.
DRONGENHOFKAPEL● Active	0767.898.124
DSP FOOD● Active	0441.868.157
Vereniging van mede-eigenaars van de Residentie HOF van FIENNES te Gent, Korenlei 21● Active	0898.955.814

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	03/07/2026	11/07/2025	28/06/2024	17/07/2023	15/07/2022	20/07/2021
General meeting	23/06/2026	24/06/2025	25/06/2024	27/06/2023	28/06/2022	22/06/2021
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

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	23/06/2026	03/07/2026	Dutch	PDF
Full model	31/12/2024	24/06/2025	11/07/2025	Dutch	PDF
Full model	31/12/2023	25/06/2024	28/06/2024	Dutch	PDF
Full model	31/12/2022	27/06/2023	17/07/2023	Dutch	PDF
Full model	31/12/2021	28/06/2022	15/07/2022	French	PDF
Full model	31/12/2020	22/06/2021	20/07/2021	French	PDF
Full model	31/12/2019	23/06/2020	30/07/2020	French	PDF
Full model	31/12/2018	25/06/2019	23/07/2019	French	PDF
Full model	31/12/2017	26/06/2018	14/08/2018	French	PDF
Full model	31/12/2016	27/06/2017	20/07/2017	French	PDF
Full model	31/12/2015	28/06/2016	12/07/2016	French	PDF
Full model	31/12/2014	25/06/2015	06/07/2015	French	PDF
Full model	31/12/2013	24/06/2014	28/07/2014	French	PDF
Full model	31/12/2012	27/06/2013	13/08/2013	French	PDF
Full model	31/12/2011	28/06/2012	06/08/2012	French	PDF
Abridged model	31/12/2010	28/06/2011	18/07/2011	French	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 · 20 ended

Active mandates

Martine Verbiest

Director · since 25 juin 2024 · until 25 juin 2030

Active

Greens & More

Managing director · since 14 octobre 2019 · until 25 juin 2030 · 0658.994.838

Represented by Christophe De Brauwer

Active

NUTMEG

Managing director · since 14 octobre 2019 · until 25 juin 2030 · 0646.939.520

Represented by Guy Reyniers

Active

Ended mandates

Greens & More

Managing director · since 14 octobre 2019 · until 14 octobre 2025 · 0658.994.838

Represented by Christophe DE BRAUWER

Ended

Greens & More

Managing director · since 14 octobre 2019 · until 14 octobre 2025 · 0658.994.838

Represented by Christophe DE BRAUWER

Ended

NUTMEG

Managing director · since 14 octobre 2019 · until 14 octobre 2025 · 0646.939.520

Represented by Guy REYNIERS

Ended

NUTMEG

Managing director · since 14 octobre 2019 · until 14 octobre 2025 · 0646.939.520

Represented by Guy REYNIERS

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/02/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other05/01/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office05/01/2023
SIEGE SOCIAL
PDF
Mandates13/11/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates21/11/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates14/08/2018
DEMISSIONS, NOMINATIONS
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 2025944,7 k €↑
2024
Annual accounts 2024625,7 k €↑
2023
Annual accounts 2023498,4 k €↓
2022
Annual accounts 20221,4 M €↑
2021
Annual accounts 2021556,9 k €↓
2020
Annual accounts 2020818,2 k €↓
2019
Annual accounts 2019819,8 k €↓
2018
Annual accounts 2018871,4 k €↑
2017
Annual accounts 2017217,3 k €↑
2016
Annual accounts 2016215,2 k €↓
2015
Annual accounts 2015258,4 k €↓
2014
Annual accounts 2014277,3 k €↓
2013
Annual accounts 2013375,4 k €↑
2012
Annual accounts 2012154,6 k €↓
2011
Annual accounts 2011236,7 k €
08/10/2010
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

DRY-TOP

Overview

What does DRY-TOP 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