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TROPICORE

Active
Public limited companyfounded 2010active for 16 yearsDrie Lindenstraat 3, 1170 Watermaal-Bosvoorde, BelgiumKBO/BCE: BE 0830.672.366

From the official registers: KBO 14 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

TROPICORE has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.0m and a net result of €3.5m. Equity is growing by about 21% per year across the filed financial years. Its solvency ranks better than 43% of 3,858 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
TROPICOREActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 27-10-2010 Normal situation
Legal form
Public limited company
Registered office
Drie Lindenstraat 3, 1170 Watermaal-Bosvoorde
Activity
Business and other management consultancy NACE 70200and 4 others
Establishment unit
2.193.558.889 1950 Kraainem, since 22-10-2010
Financial year end
30 June
Peppol
Reachable since 27-03-2026
Company details

Who decides

Board
  • de BERNARD de FAUCONVAL de DEUKEM Jean-CharlesDirector · since 22-10-2010
  • de Bernard de Fauconval de Deukem ArthurDirector · since 09-12-2020
  • de Bernard de Fauconval de Deukem EmilieDirector · since 09-12-2020
  • Aimery de Schoutheete de TervarentDirector · since 06-03-2023
and 3 other directors
Auditor
RdB
Board & ownership

How it is doing

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 30-06-2025
Turnover
€20.0m
▲ 13.9%
Profit
€3.5m
▲ 106%
Equity
€9.0m
▲ 64.4%
Total assets
€20.0m
▼ 0.1%
Staff
5.8 FTE
▲ 107%
2025 accounts 36 days early
Filed on 26-12-2025PDF
Financials
Why 95raises risk1 change of registered office in 24 monthslowers riskLiquidity: current ratio 1.93, cash €7.8mSector: Activities of head offices; management consultancy activities (NACE 70)Size: turnover €20.0m, 5.8 FTE, total assets €20.0mShow the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 62% of its sector peers (NACE 70, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 70+18
equity 45.1% of total assets
Liquidity 72+34
short-term debt 51.6% · cash 38.8%
Profitability 94+18
return on assets 17.7%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,516 companies, NACE 70, micro)
Last 24 months 11-2024: < 0.1% 12-2024: 0.1%▲ +0.1 percentage points vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: < 0.1%▼ -0.1 percentage points vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: 0.1%▲ +0.1 percentage points vs 11-2025 01-2026: < 0.1%▼ -0.1 percentage points vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: 0.1%▲ +0.1 percentage points vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026highest value
Credit of up to €850,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.93, compared with 1.37 in 2024, above the usual 1.5; short-term debt: 51.6% and cash: 38.8% of total assets), but 54.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 70, micro): better than 42% on solvency, 65% on liquidity, 63% on profitability and 78% 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 1.93, cash €7.8m
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Size: turnover €20.0m, 5.8 FTE, total assets €20.0m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-12-2025, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
36 days early
2024
7 days early
2023
5 days early
2022
11 days early
2021
17 days early
2019
38 days late
2018
27 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 2 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 20 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end01-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Key points

  • Positive: Result rose in 2025from €1.7m to €3.5m ▲ 106% View
  • Positive: Among the best 7% on net resultsector median €54,063 · 3,857 companies €3.5m View
  • Positive: 6 profitable years in a rowprofit 2025: €3.5m 6 years View
  • New directorlatest change 09-02-2026 · 7 in office 1 joined View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

Documents

Annual accounts at the NBB

All 14 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about TROPICORE

What is the company number of TROPICORE?
0830.672.366. In Belgium the VAT number is the company number with BE in front: BE 0830.672.366.
Where is TROPICORE based?
The registered office is at Drie Lindenstraat 3, 1170 Watermaal-Bosvoorde.Company details
What does TROPICORE do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of TROPICORE?
Public limited company (NV).
When was TROPICORE founded?
On 27-10-2010.
Is TROPICORE still active?
Yes, TROPICORE is an active enterprise in the KBO register.
How many employees does TROPICORE have?
On average 5.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of TROPICORE?
€20.0m in financial year 2025, according to the filed annual accounts.
Is TROPICORE profitable?
In financial year 2025, TROPICORE made a profit of €3.5m.
Where can I find the annual accounts of TROPICORE?
TROPICORE filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of TROPICORE due?
By 31-01-2027, for financial year 2026.Timeline

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