ACTIVE

TOP-OFF

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Financial year 2025 · closed on 31/12/2025

Net result

219,3 k €

-42.6% YoY

Gross margin

4,4 M €

-1.8% YoY

Equity

1,8 M €

+13.8% YoY

Workforce

35,4 ETP

-2.5% YoY

What does TOP-OFF do?

TOP-OFF is a Public limited company incorporated in 2011. Its registered office is in Houthalen-Helchteren. It employs on average 35,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0836.164.249

Incorporation

09/05/2011

Legal form

Public limited company

Registered office

Europark 2015
3530 Houthalen-Helchteren · FlandreSee on map

Contributed capital

179 061,76 €

Latest accounts

31/12/2025

Average workforce

35,4 ETP

Joint committees (3)

Contacts

3 public details availableLog in to view

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ 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
Gross margin	4,4 M €	-1.8%	4,5 M €	+25.4%	3,6 M €	+31.4%	2,7 M €	-15.1%	3,2 M €	-23.2%	4,2 M €	+33.3%	3,2 M €	-4.4%	3,3 M €	+4.6%	3,2 M €	+28.1%	2,5 M €	+28.2%	1,9 M €	-19.2%	2,4 M €	+4.0%	2,3 M €	-8.5%	2,5 M €	-5.8%	2,7 M €
EBITDA	1,5 M €	-5.1%	1,6 M €	+15.5%	1,4 M €	+337%	312,8 k €	-74.6%	1,2 M €	-31.5%	1,8 M €	+80.6%	994,3 k €	-16.9%	1,2 M €	-1.6%	1,2 M €	+26.6%	960,2 k €	+162%	366,4 k €	-55.6%	825,5 k €	+9.1%	756,9 k €	-21.3%	962,1 k €	-32.4%	1,4 M €
Operating result	617,3 k €	-3.0%	636,6 k €	+47.5%	431,7 k €	+168%	-633 k €	-591%	129 k €	-77.8%	581,2 k €	+367%	-217,8 k €	-286%	117,2 k €	-48.8%	228,7 k €	-27.2%	314,2 k €	+178%	-404,1 k €	-619%	77,8 k €	+503%	12,9 k €	-23.9%	17 k €	-97.8%	786,8 k €
Net result	219,3 k €	-42.6%	381,9 k €	+127%	168,2 k €	+123%	-737,9 k €	-1018%	80,4 k €	-80.2%	406,4 k €	+209%	-371,5 k €	-2944%	-12,2 k €	-117%	71,7 k €	-40.4%	120,2 k €	+1653%	6,9 k €	+91.6%	3,6 k €	-63.8%	9,9 k €	-91.7%	119,8 k €	-77.0%	520,2 k €
Balance sheet
Equity	1,8 M €	+13.8%	1,6 M €	+31.5%	1,2 M €	+16.1%	1 M €	-41.4%	1,8 M €	+4.7%	1,7 M €	+31.4%	1,3 M €	-22.3%	1,7 M €	-0.7%	1,7 M €	+4.5%	1,6 M €	+8.1%	1,5 M €	+0.5%	1,5 M €	-11.7%	1,7 M €	+0.6%	1,7 M €	+1.2%	1,6 M €
Total assets	6,5 M €	-11.5%	7,3 M €	+14.8%	6,4 M €	+5.3%	6 M €	-3.9%	6,3 M €	-19.3%	7,8 M €	-19.1%	9,6 M €	+15.3%	8,4 M €	+2.4%	8,2 M €	+3.0%	7,9 M €	+24.4%	6,4 M €	+14.2%	5,6 M €	-3.5%	5,8 M €	+37.7%	4,2 M €	-22.5%	5,4 M €
Cash	472,4 k €	+62.0%	291,6 k €	+19.0%	245,1 k €	-19.1%	302,9 k €	-13.4%	349,9 k €	-61.2%	901,1 k €	+85.4%	486 k €	+120%	220,7 k €	-20.2%	276,7 k €	-33.8%	418,3 k €	+54.2%	271,3 k €	+17.2%	231,4 k €	-42.3%	401,4 k €	-5.8%	426,2 k €	-9.2%	469,5 k €
Debts	4,5 M €	-20.7%	5,7 M €	+10.8%	5,1 M €	+3.0%	5 M €	+10.9%	4,5 M €	-26.0%	6,1 M €	-27.0%	8,3 M €	+26.6%	6,6 M €	+1.7%	6,5 M €	+2.7%	6,3 M €	+29.5%	4,9 M €	+19.5%	4,1 M €	+0.3%	4,1 M €	+61.9%	2,5 M €	-32.2%	3,7 M €
Other
Workforce	35,4 ETP	-2.5%	36,3 ETP	+9.0%	33,3 ETP	+1.2%	32,9 ETP	-4.1%	34,3 ETP	-8.8%	37,6 ETP	+7.7%	34,9 ETP	+6.7%	32,7 ETP	+1.9%	32,1 ETP	+28.9%	24,9 ETP	-7.8%	27,0 ETP	-1.5%	27,4 ETP	-1.1%	27,7 ETP	+0.4%	27,6 ETP	+142%	11,4 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 · 4 active · 18 ended

Active mandates

JOMANCO

Director · since 11 juillet 2025 · until 05 juin 2031 · 0875.961.864

Represented by Johan Vrijghem

Active

OBEX

Director · since 11 juillet 2025 · until 05 juin 2031 · 0726.859.503

Represented by Matthias Van Damme

Active

VASTMANS ADVIES

Director · since 11 juillet 2025 · until 05 juin 2031 · 0827.963.789

Represented by John Vastmans

Active

Monique Goossens

Director · since 03 juillet 2019 · until 11 juillet 2025

Active

Ended mandates

JOMANCO

Director · since 01 juin 2023 · until 01 juin 2028 · 0875.961.864

Represented by Johan Vrijghem

Ended

JOMANCO

Director · since 29 décembre 2022 · until 11 juillet 2025 · 0875.961.864

Represented by Johan Vrijghem

Ended

Monique Goossens

Director · since 03 juillet 2019 · until 03 juillet 2025

Ended

Road Maintenance Company

Director · since 03 juillet 2019 · until 03 juillet 2025 · 0827.554.015

Represented by Olivier Ghekiere

Ended

At this address

Other companies at this address

Company	CBE no.
Bamboo'ned Racing● Active	0799.094.908

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	17/07/2026	17/07/2025	03/07/2024	14/07/2023	11/07/2022	27/05/2021
General meeting	30/06/2026	11/07/2025	28/06/2024	30/06/2023	28/06/2022	20/05/2021
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

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	17/07/2026	Dutch	PDF
Abridged model	31/12/2024	11/07/2025	17/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	03/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	14/07/2023	Dutch	PDF
Abridged model	31/12/2021	28/06/2022	11/07/2022	Dutch	PDF
Abridged model	31/12/2020	20/05/2021	27/05/2021	Dutch	PDF
Abridged model	31/12/2019	17/07/2020	28/08/2020	Dutch	PDF
Abridged model	31/12/2018	06/06/2019	03/07/2019	Dutch	PDF
Abridged model	31/12/2017	07/06/2018	13/07/2018	Dutch	PDF
Abridged model	31/12/2016	01/06/2017	13/07/2017	Dutch	PDF
Abridged model	31/12/2015	02/06/2016	14/07/2016	Dutch	PDF
Abridged model	31/12/2014	04/06/2015	03/07/2015	Dutch	PDF
Abridged model	31/12/2013	05/06/2014	20/06/2014	Dutch	PDF
Abridged model	31/12/2012	06/06/2013	13/06/2013	Dutch	PDF
Abridged model	31/12/2011	07/06/2012	10/07/2012	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 · 4 active · 18 ended

Active mandates

JOMANCO

Director · since 11 juillet 2025 · until 05 juin 2031 · 0875.961.864

Represented by Johan Vrijghem

Active

OBEX

Director · since 11 juillet 2025 · until 05 juin 2031 · 0726.859.503

Represented by Matthias Van Damme

Active

VASTMANS ADVIES

Director · since 11 juillet 2025 · until 05 juin 2031 · 0827.963.789

Represented by John Vastmans

Active

Monique Goossens

Director · since 03 juillet 2019 · until 11 juillet 2025

Active

Ended mandates

JOMANCO

Director · since 01 juin 2023 · until 01 juin 2028 · 0875.961.864

Represented by Johan Vrijghem

Ended

JOMANCO

Director · since 29 décembre 2022 · until 11 juillet 2025 · 0875.961.864

Represented by Johan Vrijghem

Ended

Monique Goossens

Director · since 03 juillet 2019 · until 03 juillet 2025

Ended

Road Maintenance Company

Director · since 03 juillet 2019 · until 03 juillet 2025 · 0827.554.015

Represented by Olivier Ghekiere

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/04/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/07/2019
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/08/2017
ONTSLAGEN - BENOEMINGEN
PDF
Registered office28/03/2013
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
PDF
Restructuring24/08/2011
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring25/05/2011
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
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 2025219,3 k €↓
2024
Annual accounts 2024381,9 k €↑
2023
Annual accounts 2023168,2 k €↑
2022
Annual accounts 2022-737,9 k €↓
2021
Annual accounts 202180,4 k €↓
2020
Annual accounts 2020406,4 k €↑
2019
Annual accounts 2019-371,5 k €↓
2018
Annual accounts 2018-12,2 k €↓
2017
Annual accounts 201771,7 k €↓
2016
Annual accounts 2016120,2 k €↑
2015
Annual accounts 20156,9 k €↑
2014
Annual accounts 20143,6 k €↓
2013
Annual accounts 20139,9 k €↓
2012
Annual accounts 2012119,8 k €↓
2011
Annual accounts 2011520,2 k €
09/05/2011
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

TOP-OFF

Overview

What does TOP-OFF 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