TROPICAL
ActiveFrom the official registers: KBO 29 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
TROPICAL has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21,556 and a net result of -€3,526. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 95% of 5,709 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Overview
Official details
KBO- Status
- Active since 09-12-1996 Normal situation
- Activity
- Other personal services NACE 96999and 5 others
- Establishment unit
- 2.080.210.629 2221 Heist-op-den-Berg, since 30-01-1997
- Financial year end
- 31 December
- Peppol
- Reachable since 27-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- -€1,283
- Loss
- €3,526
- Equity
- €21,556
- ▼ 14.1%
- Total assets
- €22,517
- ▼ 12.8%
Score breakdownraises riskLoss of €3,526 (financial year 2025)Liquidity: current ratio 20.92, cash €524, halvedlowers riskFounded in 1996Size: total assets €22,517Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 96, micro). It does better than 93% of them on solvency, 56% on liquidity, 9% on profitability and 27% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 44 days before the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 06-07-2026 at the NBB all 29 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is a loss of €3,609, larger than the loss of €291 in 2024. It is the lowest result since 2021.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Personal service activities (NACE 96). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Comparable companies
These companies have the same main activity as TROPICAL: other personal services (NACE 96999). They are comparable in size and age: total assets between €16,900 and €37,200, founded between 1988 and 2003.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | Financial year |
|---|---|---|---|---|---|---|---|
| TROPICAL Heist-op-den-Berg | 1996 | €22,517 | €21,556 | -€1,283 | - | -€3,526 | 2025 |
| COCOGRAFIE Sint-Gillis-Waas | 1994 | €19,632 | -€3,766 | -€1,613 | - | -€11,188 | 2025 |
| ALL-TRASCO Antwerpen | 1988 | €18,814 | -€25,665 | -€246 | - | -€2,960 | 2025 |
| Koninklijke Waak- en Verdedigingshond Hoboken Antwerpen | 1991 | €37,178 | €35,314 | €1,140 | €14,347 | €2,280 | 2025 |
| CAD - EX Jette | 1990 | €17,000 | -€902 | -€1,222 | - | -€1,197 | 2025 |
| GLADYS INTERNATIONAL Elsene | 1989 | €16,852 | -€6,825 | -€930 | - | -€1,761 | 2025 |
| WELLNESS PALADINS Etterbeek | 2003 | €17,343 | -€327,228 | -€17,306 | - | -€22,354 | 2025 |
They were chosen from the 640 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 5,831 companies had the same profile as TROPICAL has now. Two years later, 1.7% had gone bankrupt and 84.6% were still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of TROPICAL itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,831 companies, not a prediction for TROPICAL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €189 | €590 | €1,026 | €1,064 | €1,806 | ▲ 69.7% |
| Other operating charges640/8 | - | - | - | €101 | €797 | €543 | €521 | €520 | ▼ 0.3% |
| Gross operating margin9900 | €2,236 | €2,021 | -€1,336 | €7,632 | €12,645 | €15,861 | €1,294 | -€1,283 | - |
| Operating profit (loss)9901 | €1,630 | €1,567 | -€1,784 | €7,342 | €11,258 | €14,292 | -€291 | -€3,609 | ▼ 1,139% |
| Financial income75/76B | - | - | - | - | €25 | €261 | €401 | €312 | ▼ 22.0% |
| Recurring financial income75 | - | - | - | - | €25 | €261 | €401 | €312 | ▼ 22.0% |
| Financial charges65/66B | - | - | - | €497 | €65 | €74 | €44 | €230 | ▲ 428% |
| Recurring financial charges65 | €819 | €493 | €483 | €497 | €65 | €74 | €44 | €230 | ▲ 428% |
| Profit (loss) for the period before taxes9903 | €811 | €1,074 | -€2,267 | €6,845 | €11,219 | €14,479 | €66 | -€3,526 | - |
| Profit (loss) for the period9904 | €811 | €1,074 | -€2,267 | €6,845 | €11,219 | €14,479 | €66 | -€3,526 | - |
| Profit (loss) for the period to be appropriated9905 | €811 | €1,074 | -€2,267 | €6,845 | €11,219 | €14,479 | €66 | -€3,526 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €5,743 | €4,695 | €4,247 | €12,494 | €14,479 | €26,251 | €25,826 | €22,517 | ▼ 12.8% |
| Fixed assets21/28 | - | - | - | €1,157 | €2,361 | €1,709 | €4,233 | €2,427 | ▼ 42.7% |
| Tangible fixed assets22/27 | - | - | - | €1,157 | €2,361 | €1,709 | €4,233 | €2,427 | ▼ 42.7% |
| Plant, machinery and equipment23 | - | - | - | €350 | €994 | €651 | €308 | €12 | ▼ 96.1% |
| Furniture and vehicles24 | - | - | - | €807 | €1,367 | €1,058 | €3,926 | €2,415 | ▼ 38.5% |
| Current assets29/58 | €5,743 | €4,695 | €4,247 | €11,336 | €12,118 | €24,542 | €21,593 | €20,089 | ▼ 7.0% |
| Stocks and contracts in progress3 | - | - | - | - | - | - | €672 | €603 | ▼ 10.3% |
| Stocks30/36 | - | - | - | - | - | - | €672 | €603 | ▼ 10.3% |
| Amounts receivable within one year40/41 | €4,869 | €4,218 | €4,218 | €9,680 | €4,341 | €11,789 | €9,753 | €18,962 | ▲ 94.4% |
| Trade receivables40 | - | - | - | €9,680 | €4,341 | €5,060 | €3,858 | €14,353 | ▲ 272% |
| Other amounts receivable41 | - | - | - | - | - | €6,729 | €5,895 | €4,609 | ▼ 21.8% |
| Cash at bank and in hand54/58 | €874 | €477 | €29 | €1,656 | €7,777 | €12,753 | €11,167 | €524 | ▼ 95.3% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €5,743 | €4,695 | €4,247 | €12,494 | €14,479 | €26,251 | €25,826 | €22,517 | ▼ 12.8% |
| Equity10/15 | -€6,333 | -€5,259 | -€7,526 | -€681 | €10,538 | €25,017 | €25,082 | €21,556 | ▼ 14.1% |
| Contributions10/11 | €45,860 | €45,860 | - | €45,860 | €45,860 | €45,860 | €45,860 | €45,860 | = |
| Profit (loss) carried forward14 | -€52,193 | -€51,120 | -€53,386 | -€46,541 | -€35,322 | -€20,844 | -€20,778 | -€24,304 | ▼ 17.0% |
| Amounts payable17/49 | €12,076 | €9,954 | €11,773 | €13,174 | €3,941 | €1,234 | €744 | €960 | ▲ 29.1% |
| Amounts payable within one year42/48 | €12,076 | €9,954 | €11,773 | €13,174 | €3,941 | €1,234 | €744 | €960 | ▲ 29.1% |
| Trade debts44 | €1,711 | €121 | - | - | €362 | €1,074 | €499 | €400 | ▼ 19.9% |
| Suppliers440/4 | - | - | - | - | €362 | €1,074 | €499 | €400 | ▼ 19.9% |
| Taxes, remuneration and social security45 | - | - | - | - | €467 | €160 | €244 | €561 | ▲ 129% |
| Taxes450/3 | - | - | - | - | €467 | €160 | €244 | €561 | ▲ 129% |
| Other amounts payable47/48 | - | - | - | €13,174 | €3,111 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €811 | €1,074 | -€2,267 | €6,845 | €11,219 | €14,479 | €66 | -€3,526 | - |
| + Depreciation and write-downs630 | - | - | - | €189 | €590 | €1,026 | €1,064 | €1,806 | ▲ 69.7% |
| Operating cash flow (approximation) | €811 | €1,074 | -€2,267 | €7,034 | €11,809 | €15,505 | €1,130 | -€1,720 | - |
| Investment in fixed assets (approximation) | - | - | - | - | -€1,793 | -€374 | -€3,589 | €0 | - |
| Change in cash | - | -€396 | -€448 | €1,627 | €6,121 | €4,976 | -€1,586 | -€10,643 | ▼ 571% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 29 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 06-07-2026 | 2026-00265266 | NBB |
| 31-12-2024 | micro format | 18-06-2025 | 2025-00148315 | |
| 31-12-2023 | micro format | 11-06-2024 | 2024-00121285 | |
| 31-12-2022 | micro format | 23-05-2023 | 2023-00093354 | |
| 31-12-2021 | micro format | 31-05-2022 | 2022-20042880 | |
| 31-12-2020 | micro format | 02-07-2021 | 2021-32300518 | |
| 31-12-2019 | micro format | 03-07-2020 | 2020-26200463 | |
| 31-12-2018 | micro format | 13-06-2019 | 2019-18300447 | |
| 31-12-2017 | micro format | 25-06-2018 | 2018-22600325 | |
| 31-12-2016 | micro format | 28-07-2017 | 2017-37500058 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 13-10-2023 Converted to unavailable equity
- 13-10-2023 Converted to available equity
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Door algemene vergadering met of zonder beperking duur, overblijvende bestuurders bij openval voor einde mandaat”
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “100, onder voorbehoud andersluidende overeenkomsten tussen aandeelhouders”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Procedure- en expertisekosten voor helft overdrager en helft koper(s) naar evenredigheid aantal bij meerdere kopers, zelfde bij weigering…”“Aandelen niet overgaan wegens overlijden dan met instemming van alle aandeelhouders, erfgenamen, legatarissen of rechtverkrijgenden aan…”
Audit, dissolution and liquidation
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Beslissing algemene vergadering met vereisten statutenwijziging, op elk moment”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Onder voorwaarden artikel 2:80 WVV, ontbinding en sluiting vereffening in een akte”“Bestuurders in functie op tijdstip ontbinding van rechtswege vereffenaars jegens derden, enkel indien uit staat actief passief artikel 2:71…”
Articles of association, deed of 13-10-2023 (in Dutch)
Network & group
TROPICAL shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of TROPICAL. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
13-10
Gazette deed
Registered office · Purpose · Legal-form change · Resignations & appointmentsPurpose change · Registered-office move · Amendment of the articles11 points ▸
- General meeting, “buitengewone algemene vergadering, éénparigheid van stemmen” (deed in Dutch)
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, aanpassen statuten aan WVV” (deed in Dutch)
- Other provision, “geen eigenvermogensrekening niet-opgevraagde inbrengen, kapitaal volledig volgestort” (deed in Dutch)
- Purpose change
- Other provision, “bevoegde Griffie van de Ondernemingsrechtbank, neerlegging verslag bestuursorgaan en uitgifte proces-verbaal” (deed in Dutch)
- Registered-office move, 2221 Heist-op-den-Berg(Booischot),Kleine steenweg 142
- Amendment of the articles
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital conversion, “beschikbaar voor toekomstige uitkeringen” (deed in Dutch)
- Board composition, VERBEECK Luck (director)
- Registered office clause, “2221 Heist-op-den-Berg (Booischot),Kleine steenweg 142, geen” (deed in Dutch)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 202514 activities
- Het realiseren van geluidopnames voor alle doeleinden zoals radio,T.V.,film,theater,multi media,artiesten,platenfirma's en communicatiesector
- Audiovisiuele concepten Productie van reclamespots voor radio,televisie,handelaars-en particulieren
- Productie van jingles en dergelijke de audiovisuele sector
- De conceptie en productie van:bedrijfsfilms
- Het verhuren van stemmen en acteurs
- Het creëren en bewerken van geluid,muziek,geluidseffecten
- Het leveren en verhuren van media-ideeën
- Verhuur van audiovisuele faciliteiten
- Productie en weergave van muziek
- Music licensing
- Reclameregie.Auteur-Componist van muziek en tekstwerken
- Levenscoach
- Overige zakelijke dienstverlening
- Alle vormen van onderwijs
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 12006C0700/00N002 | Flanders | 158 m² | 1 · 105 m² | 7.1 m · 1 |