TROPICAL
ActiveTROPICAL has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22k and a net result of €-4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 95% of 4559 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-69
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 20.92 against 29.04 in 2024; short-term debt: 4.3% and cash: 2.3% of total assets), and 4.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
95.7%
Return on assets
-15.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
43 d early
2023
50 d early
2022
69 d early
2021
61 d early
2020
29 d early
2019
28 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€22k▼ 14.1%
2024 · €25k
2018: €-6k
2019: €-5k
2020: €-8k
2021: €-681
2022: €11k
2023: €25k
2024: €25k
2018 → 2025
Total assets
€23k▼ 12.8%
2024 · €26k
2018: €6k
2019: €5k
2020: €4k
2021: €12k
2022: €14k
2023: €26k
2024: €26k
2018 → 2025
Net result
€-4k
2024 · €66
2018: €811
2019: €1k
2020: €-2k
2021: €7k
2022: €11k
2023: €14k
2024: €66
2018 → 2025
Working capital
€19k▼ 8.3%
2024 · €21k
2018: €-6k
2019: €-5k
2020: €-8k
2021: €-2k
2022: €8k
2023: €23k
2024: €21k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-681-€11k€25k▲ 137%€25k▲ 0.3%€22k▼ 14.1%
Operating result€7k-€11k▲ 53.3%€14k▲ 26.9%€-291€-4k▼ 1,139%
Net result€7k-€11k▲ 63.9%€14k▲ 29.1%€66▼ 99.5%€-4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2025 against €291 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €23k
Fixed assets
€2k▼ 42.7%
Current assets
€20k▼ 7.0%
Equity and liabilities €23k
Equity
€22k▼ 14.1%
Debt
€960▲ 29.1%
The debt ratio rises from 2.9% to 4.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-2k▼
2024 · €773
Cash flow
€-2k▼
2024 · €1k
Solvency
95.7%▼
2024 · 97.1%
Current ratio
20.92▼
2024 · 29.04
Quick ratio
20.29▼
2024 · 28.14
Debt / equity
0.04▲
2024 · 0.03
ROE
-16.4%▼
2024 · 0.3%
ROA
-15.7%▼
2024 · 0.3%
Interest coverage
-7.85▼
2024 · 17.77
Debt
€960▲
2024 · €744
Debt ≤ 1 year
€960▲
2024 · €744
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€26k€23k▼
Fixed assets21/28€4k€2k▼
Tangible fixed assets22/27€4k€2k▼
Plant, machinery and equipment23€308€12▼
Furniture and vehicles24€4k€2k▼
Current assets29/58€22k€20k▼
Stocks and contracts in progress3€672€603▼
Stocks30/36€672€603▼
Amounts receivable within one year40/41€10k€19k▲
Trade receivables40€4k€14k▲
Other amounts receivable41€6k€5k▼
Cash at bank and in hand54/58€11k€524▼
Equity and liabilities
Total equity and liabilities10/49€26k€23k▼
Equity10/15€25k€22k▼
Contributions10/11€46k€46k=
Profit (loss) carried forward14€-21k€-24k▼
Amounts payable17/49€744€960▲
Amounts payable within one year42/48€744€960▲
Trade debts44€499€400▼
Suppliers440/4€499€400▼
Taxes, remuneration and social security45€244€561▲
Taxes450/3€244€561▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€521€520▼
Gross operating margin9900€1k€-1k▼
Operating profit (loss)9901€-291€-4k▼
Financial income75/76B€401€312▼
Recurring financial income75€401€312▼
Financial charges65/66B€44€230▲
Recurring financial charges65€44€230▲
Profit (loss) for the period before taxes9903€66€-4k▼
Profit (loss) for the period9904€66€-4k▼
Profit (loss) for the period to be appropriated9905€66€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-21k€-24k▼
Profit (loss) brought forward from the previous period14P€-21k€-21k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-4k ▼5457%
Net result drops to €-4k, the lowest in the series.
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €14k ▲29.1%
Operating result €14k, net result €14k, both a record.
31-12
Financial
Liquidity times 6current ratio 19.88
Current ratio from 3.08 to 19.88; short-term debt falls from €4k to €1k.
23-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity quadruplescurrent ratio 3.08
Current ratio from 0.86 to 3.08; short-term debt falls from €13k to €4k.
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Heist-op-den-Berg · 1 establishment unit since 1997
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kleine steenweg 1422221 Heist-op-den-BergGround area
158 m²
Building footprint
105 m²
Volume, LiDAR
390 m³
Parcel 12006C0700/00N002, Flanders · tallest building 7.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
TROPICAL
since 19972.080.210.629
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12006C0700/00N002 | Flanders | 158 m² | 1 · 105 m² | 7.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,013 companies in sector 96999 we hold annual accounts for 602. 401 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-12-1996
Fiscal year end31-12
Activities, NACEBEL
96999Other personal services
60100Programming, broadcasting, news agency and other content distribution activities
74209Other photographic activities
82990Other business support services
90201Performing arts by independent artists
90029Arts creation and performing arts activities
90399Other support activities for arts and performing arts
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.