ACTIVE

TOP-TREND

Financial year 2025 · Closed on 31/12/2025

Net result262,9 €-96,4 %over 1 year

Gross margin9,8 k €-48,5 %over 1 year

Equity143,7 k €+0,2 %over 1 year

Identity

Source · BCE/KBO

TOP-TREND is a Private limited company incorporated in 2004. Its main activity is: Non-specialised wholesale trade. Its registered office is in As.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0870.440.485
Incorporation: 08/12/2004
Legal form: Private limited company
Registered office: Grotstraat 81
3665 As · FlandreSee on map
Contributed capital: 6 200,00 €
Latest accounts: 31/12/2025

Activities (NACE)

46900Non-specialised wholesale trade· main 46900Non-specialised wholesale trade 51900Air transport

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 17 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	9,8 k €	-48.5%	19,1 k €	-53.7%	41,2 k €	-52.1%	86,2 k €	+38.3%	62,3 k €
EBITDA	9,4 k €	-49.7%	18,7 k €	-54.3%	40,8 k €	-52.4%	85,8 k €	+38.6%	61,9 k €
Operating result	9,4 k €	-49.7%	18,7 k €	-54.3%	40,8 k €	-52.4%	85,8 k €	+38.6%	61,9 k €
Net result	262,9 €	-96.4%	7,2 k €	-70.1%	24,1 k €	+191%	8,3 k €	+147%	-17,7 k €
Balance sheet
Equity	143,7 k €	+0.2%	143,5 k €	+5.3%	136,3 k €	+21.5%	112,2 k €	+8.0%	103,9 k €
Total assets	173,4 k €	-2.0%	177 k €	-29.7%	251,9 k €	-21.2%	319,7 k €	+42.1%	224,9 k €
Cash	13,7 k €	-56.5%	31,4 k €	-53.2%	67 k €	-34.9%	103 k €	+152%	40,8 k €
Debts	29,7 k €	-11.6%	33,5 k €	-71.0%	115,7 k €	-44.3%	207,5 k €	+71.4%	121 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
RETIRO0702.779.054Represented by Oliver Guttmann	Directorsince 01/09/2018Manager01/09/2018 → 2018 accountsended
DKO Invest0677.842.631Represented by Dieter KOSTEN	Directorsince 20/07/2017Manager20/07/2017 → 2018 accountsended
LUNO PROJECTS0846.398.838Represented by Johan Buntinx	Directorsince 20/07/2017Manager20/07/2017 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Oliver Guttmann	Manager18/11/2010 → 2016 accountsDirector18/11/2010 → 2019 accounts
Torsten Reinecke	Manager26/04/2011 → 2016 accounts

Other companies at this address

Grotstraat 81 3665 As

Company	CBE no.
LUNO PROJECTS● Active	0846.398.838

Full financial information

Source · NBB

	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	25/06/2026	03/07/2025	18/06/2024	05/06/2023	01/06/2022	30/06/2021
General meeting	28/05/2026	29/05/2025	30/05/2024	25/05/2023	26/05/2022	27/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	28/05/2026	25/06/2026	Dutch	PDF
Abridged model	31/12/2024	29/05/2025	03/07/2025	Dutch	PDF
Abridged model	31/12/2023	30/05/2024	18/06/2024	Dutch	PDF
Abridged model	31/12/2022	25/05/2023	05/06/2023	Dutch	PDF
Abridged model	31/12/2021	26/05/2022	01/06/2022	Dutch	PDF
Abridged model	31/12/2020	27/05/2021	30/06/2021	Dutch	PDF
Abridged model	31/12/2019	28/05/2020	10/07/2020	Dutch	PDF
Abridged model	31/12/2018	30/05/2019	11/06/2019	Dutch	PDF
Abridged model	31/12/2017	31/05/2018	02/07/2018	Dutch	PDF
Abridged model	31/12/2016	25/05/2017	27/06/2017	Dutch	PDF
Abridged model	31/12/2015	26/05/2016	16/08/2016	Dutch	PDF
Full model	31/12/2014	28/05/2015	10/07/2015	Dutch	PDF
Full model	31/12/2013	29/04/2014	27/06/2014	Dutch	PDF
Full model	31/12/2012	30/05/2013	17/07/2013	Dutch	PDF
Full model	31/12/2011	31/05/2012	17/07/2012	Dutch	PDF
Full model	31/12/2010	26/05/2011	31/05/2011	Dutch	PDF
Full model	31/12/2009	02/12/2010	16/12/2010	Dutch	PDF
Abridged model	31/12/2008	28/05/2009	30/06/2009	Dutch	PDF
Abridged model	31/12/2007	29/05/2008	23/07/2008	Dutch	PDF
Abridged model	31/12/2006	31/05/2007	04/09/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
RETIRO0702.779.054Represented by Oliver Guttmann	Directorsince 01/09/2018Manager01/09/2018 → 2018 accountsended
DKO Invest0677.842.631Represented by Dieter KOSTEN	Directorsince 20/07/2017Manager20/07/2017 → 2018 accountsended
LUNO PROJECTS0846.398.838Represented by Johan Buntinx	Directorsince 20/07/2017Manager20/07/2017 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Oliver Guttmann	Manager18/11/2010 → 2016 accountsDirector18/11/2010 → 2019 accounts
Torsten Reinecke	Manager26/04/2011 → 2016 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates06/06/2024
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/06/2020
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates05/10/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/09/2017
Ontslag en benoeming zaakvoerders
PDF
Registered office19/10/2015
Wijziging maatschappelijke zetel
PDF
Mandates27/05/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/01/2011
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/05/2010
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings17 filings

Mandates

RETIRO

DKO Invest

LUNO PROJECTS

Torsten Reinecke

Oliver Guttmann

INTERTRADING

JOSIM

20042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

TOP-TREND

Grotstraat 81, 3665 As

Director

DirectorManager

Manager

ManagerDirector

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Grotstraat 81, 3665 AsCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00209142

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
TOP-TRENDCurrent	accounts 2009 → 2025	Accounts 2025 · 2026-00209142

Events

2025
Annual accounts 2025262,9 €↓
2024
Annual accounts 20247,2 k €↓
2023
Annual accounts 202324,1 k €↑
2022
Annual accounts 20228,3 k €↑
2021
Annual accounts 2021-17,7 k €↓
2020
Annual accounts 2020850 €↓
2019
Annual accounts 20192,6 k €↓
2018
Annual accounts 20183,6 k €↑
2017
Annual accounts 2017327,9 €↓
2016
Annual accounts 201670,2 k €↑
2015
Annual accounts 2015-9,2 k €↓
2014
Annual accounts 20147,5 k €↑
2013
Annual accounts 2013767,3 €↓
2012
Annual accounts 20121,2 k €↑
2011
Annual accounts 2011-10,5 k €↓
2010
Annual accounts 20109,1 k €↑
2009
Annual accounts 2009944 €
08/12/2004
IncorporationPrivate limited company

TOP-TREND

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events