ACTIVE

Top Brands

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Financial year 2025 · closed on 30/11/2025
Net result
-9,2 M €
-12438.5% YoY
Equity
4,9 M €
-65.5% YoY
Workforce
2,2 ETP
+69.2% YoY

What does Top Brands do?

Top Brands is a Public limited company incorporated in 2005. Its main activity is: Activities of holding companies. Its registered office is in Antwerpen. It employs on average 2,2 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0872.646.939
Incorporation
22/03/2005
Legal form
Public limited company
Registered office
Borsbeeksebrug 34 box 4
2600 Antwerpen · FlandreSee on map
Contributed capital
812 500,00 €
Latest accounts
30/11/2025
Average workforce
2,2 ETP
Activities (NACE)
64200Activities of holding companies· main64210Activities of holding companies74151Specialised design activities70200Management consultancy activities70220Business and other management consultancy activities74142Specialised design activities
Joint committees (2)
  • 200
  • 302
Signals
Positive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
EBITDA344,9 k €164,4 k €168,8 k €1 M €77,5 k €70,2 k €100 k €126,9 k €-108,7 k €-124 k €103,3 k €98,6 k €100,3 k €121,4 k €83,5 k €520,4 k €919,2 k €75,8 k €67,1 k €65,7 k €
Operating result344,9 k €164,4 k €168,8 k €1 M €77,5 k €70,2 k €100 k €126,9 k €-108,7 k €-124 k €98 k €98,6 k €97,6 k €121,4 k €30 k €520,4 k €919,2 k €75,8 k €67,1 k €65,7 k €
Net result-9,2 M €74,9 k €9,9 k €879,2 k €7,2 k €1,5 M €948,1 k €284,7 k €2,9 M €866,4 k €1,3 M €1,3 M €1,7 M €1,9 M €2,3 M €1,7 M €3,3 M €2,1 M €1,7 M €6,1 M €
Balance sheet
Equity4,9 M €14,2 M €14,2 M €14,3 M €13,5 M €13,6 M €12,2 M €11,4 M €13,2 M €10,4 M €9,6 M €16,2 M €15 M €14,1 M €12,3 M €14,9 M €13,5 M €10,4 M €8,4 M €6,7 M €
Total assets44,1 M €53,6 M €49,3 M €50,8 M €51,8 M €45,7 M €45,7 M €45,5 M €37,9 M €40,2 M €36,1 M €42,7 M €31,7 M €33,9 M €35 M €24,8 M €22,7 M €22 M €19,8 M €18,6 M €
Cash2,6 M €3,1 M €4,1 M €5,7 M €6,1 M €3,9 M €5,6 M €5,8 M €7,2 M €3,9 M €1,4 M €10 M €961,1 k €2,8 M €3,6 M €744,5 k €295,4 k €719,5 k €206,2 k €199,3 k €
Debts39,1 M €39,3 M €35 M €36,5 M €38,3 M €32,1 M €33,5 M €34,2 M €24,7 M €29,8 M €26,5 M €26,4 M €16,6 M €19,8 M €22,7 M €9,8 M €9,2 M €10,8 M €10,8 M €11,4 M €
Other
Workforce2,2 ETP1,3 ETP2,0 ETP2,4 ETP2,4 ETP1,1 ETP0,3 ETP–––––––––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/11/2025 · 6 active · 40 ended

Active mandates

FIZZA

Director · since 30 septembre 2025 · until 15 mai 2029 · 1001.902.508

Represented by Simon Lerno

Active
Forum.C

Director · since 16 mai 2023 · until 15 mai 2029 · 0872.622.787

Represented by Kristoff Tillieu

Active
Ilmada Consult

Director · since 16 mai 2023 · until 15 mai 2029 · 0873.634.656

Represented by Daan Milis

Active
SITE MANAGEMENT SERVICES

Managing director · since 16 mai 2023 · until 15 mai 2029 · 0474.147.084

Represented by Stefan Meulemans

Active
VINCITA MANAGEMENT

Director · since 16 mai 2023 · until 15 mai 2029 · 0873.630.401

Represented by Stef Vincke

Active
Continuous Insight2Impact

Director · since 17 mai 2022 · until 16 mai 2028 · 0817.833.427

Represented by Filip Lesaffer

Active

Ended mandates

MANAGEMENT & SOCIAL CONSULT

Director · since 16 mai 2023 · until 15 mai 2029 · 0872.623.876

Represented by Marijke Smits

Ended
Forum.C

Director · since 16 mai 2017 · until 16 mai 2023 · 0872.622.787

Represented by Kristoff Tillieu

Ended
Forum.C

Director · since 16 mai 2017 · until 16 mai 2023 · 0872.622.787

Represented by Kristoff Tillieu

Ended
Forum.C

Director · since 16 mai 2017 · until 16 mai 2023 · 0872.622.787

Represented by Chantal Hanot

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelConsolidated accounts
Start of the financial year01/12/202401/12/202301/12/202201/12/202101/12/202001/12/2019
Closing of the financial year30/11/202530/11/202430/11/202330/11/202230/11/202130/11/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/06/202604/06/202529/05/202407/06/202327/05/202203/06/2021
General meeting19/05/202620/05/202521/05/202416/05/202317/05/202218/05/2021
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

38 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model30/11/202519/05/202608/06/2026DutchPDF
Consolidated accounts30/11/202519/05/202609/06/2026DutchPDF
Full model30/11/202420/05/202504/06/2025DutchPDF
Consolidated accounts30/11/202420/05/202504/06/2025DutchPDF
Full model30/11/202321/05/202429/05/2024DutchPDF
Consolidated accounts30/11/202321/05/202429/05/2024DutchPDF
Full model30/11/202216/05/202307/06/2023DutchPDF
Consolidated accounts30/11/202216/05/202308/06/2023DutchPDF
Full model30/11/202117/05/202227/05/2022DutchPDF
Consolidated accounts30/11/202117/05/202230/05/2022DutchPDF
Full model30/11/202018/05/202101/06/2021DutchPDF
Consolidated accounts30/11/202018/05/202103/06/2021DutchPDF
Full model30/11/201919/05/202017/06/2020DutchPDF
Consolidated accounts30/11/201919/05/202018/06/2020DutchPDF
Full model30/11/201821/05/201929/05/2019DutchPDF
Consolidated accounts30/11/201821/05/201931/05/2019DutchPDF
Full model30/11/201715/05/201801/06/2018DutchPDF
Consolidated accounts30/11/201715/05/201801/06/2018DutchPDF
Full model30/11/201616/05/201730/05/2017DutchPDF
Consolidated accounts30/11/201616/05/201731/05/2017DutchPDF
Full model30/11/201517/05/201614/06/2016DutchPDF
Consolidated accounts30/11/201517/05/201614/06/2016DutchPDF
Full model30/11/201419/05/201526/05/2015DutchPDF
Consolidated accounts30/11/201419/05/201526/05/2015DutchPDF

View all 38 filings

Estimate

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.

Governance

Board of directors

Seen on filing of 30/11/2025 · 6 active · 40 ended

Active mandates

FIZZA

Director · since 30 septembre 2025 · until 15 mai 2029 · 1001.902.508

Represented by Simon Lerno

Active
Forum.C

Director · since 16 mai 2023 · until 15 mai 2029 · 0872.622.787

Represented by Kristoff Tillieu

Active
Ilmada Consult

Director · since 16 mai 2023 · until 15 mai 2029 · 0873.634.656

Represented by Daan Milis

Active
SITE MANAGEMENT SERVICES

Managing director · since 16 mai 2023 · until 15 mai 2029 · 0474.147.084

Represented by Stefan Meulemans

Active
VINCITA MANAGEMENT

Director · since 16 mai 2023 · until 15 mai 2029 · 0873.630.401

Represented by Stef Vincke

Active
Continuous Insight2Impact

Director · since 17 mai 2022 · until 16 mai 2028 · 0817.833.427

Represented by Filip Lesaffer

Active

Ended mandates

MANAGEMENT & SOCIAL CONSULT

Director · since 16 mai 2023 · until 15 mai 2029 · 0872.623.876

Represented by Marijke Smits

Ended
Forum.C

Director · since 16 mai 2017 · until 16 mai 2023 · 0872.622.787

Represented by Kristoff Tillieu

Ended
Forum.C

Director · since 16 mai 2017 · until 16 mai 2023 · 0872.622.787

Represented by Kristoff Tillieu

Ended
Forum.C

Director · since 16 mai 2017 · until 16 mai 2023 · 0872.622.787

Represented by Chantal Hanot

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Other30/06/2026
    —
    PDF
  • Mandates10/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other25/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates07/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/06/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/10/2020
    ONTSLAGEN - BENOEMINGEN
    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 2025-9,2 M €↓
  2. 30/09/2025
    nominationFIZZA BV — bestuurder
  3. 20/05/2025
    nominationKPMG Bedrijfsrevisoren — commissaris
  4. 2024
    Annual accounts 202474,9 k €↑
  5. 2023
    Annual accounts 20239,9 k €↓
  6. 16/05/2023
    reconductionSite Management Services BV — bestuurder
  7. 16/05/2023
    reconductionCreations & Theories BV — bestuurder
  8. 16/05/2023
    reconductionManagement & Social Consult BV — bestuurder
  9. 16/05/2023
    reconductionIlmada Consult BV — bestuurder
  10. 16/05/2023
    reconductionVincita Management BV — bestuurder
  11. 2022
    Annual accounts 2022879,2 k €↑
  12. 17/05/2022
    reconductionContinuous Insight2impact Bvba — bestuurder
  13. 17/05/2022
    nominationKLYNVELD PEAT MARWICK GOERDERLER - BEDRIJFSREVISOREN — commissaris
  14. 2021
    Annual accounts 20217,2 k €↓
  15. 2020
    Annual accounts 20201,5 M €↑
  16. 2019
    Annual accounts 2019948,1 k €↑
  17. 2018
    Annual accounts 2018284,7 k €↓
  18. 2017
    Annual accounts 20172,9 M €↑
  19. 2016
    Annual accounts 2016866,4 k €↓
  20. 2015
    Annual accounts 20151,3 M €↑
  21. 2014
    Annual accounts 20141,3 M €↓
  22. 2013
    Annual accounts 20131,7 M €↓
  23. 2012
    Annual accounts 20121,9 M €↓
  24. 2011
    Annual accounts 20112,3 M €↑
  25. 2010
    Annual accounts 20101,7 M €↓
  26. 2009
    Annual accounts 20093,3 M €↑
  27. 2008
    Annual accounts 20082,1 M €↑
  28. 2007
    Annual accounts 20071,7 M €↓
  29. 2006
    Annual accounts 20066,1 M €
  30. 22/03/2005
    IncorporationPublic limited company