TROPIC INTERPORT: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
TROPIC INTERPORT
Largest movements
- Tangible fixed assets +€430,900
up €430,900 (+153.4%), from €280,829 to €711,729
of which Land and buildings: +€410,114
- Deferred charges and accrued income +€16,546
new in 2025: €16,546
- Cash -€15,204
down €15,204 (-95.8%), from €15,868 to €665
mainly Investment in fixed assets (net) (-€451,082) and Trade debts (-€53,169)
- Revaluation surpluses +€419,648
up €419,648 (+614.9%), from €68,249 to €487,897
- Trade debts -€53,169
down €53,169 (-16.7%), from €317,928 to €264,759
- Short-term financial debts +€35,076
new in 2025: €35,076
- Debts after one year +€19,300
up €19,300 (+17.3%), from €111,496 to €130,796
- Profit (loss) carried forward +€16,183
up €16,183 (+58.9%), from €27,454 to €43,636
- Staff costs -€11,957
down €11,957 (-4.9%), from €244,775 to €232,818
- Gross operating margin +€6,664
up €6,664 (+2.2%), from €301,375 to €308,039
- Financial income -€4,832
down €4,832 (-96.3%), from €5,018 to €187
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €822,288 | €1,262,606 | +€440,318 | +53.5% |
| Fixed assets | 21/28 | €281,537 | €712,437 | +€430,900 | +153.1% |
| Tangible fixed assets | 22/27 | €280,829 | €711,729 | +€430,900 | +153.4% |
| Land and buildings | 22 | €252,886 | €663,000 | +€410,114 | +162.2% |
| Plant, machinery and equipment | 23 | - | €2,871 | +€2,871 | |
| Furniture and vehicles | 24 | €27,943 | €45,858 | +€17,915 | +64.1% |
| Financial fixed assets | 28 | €708 | €708 | = | 0.0% |
| Current assets | 29/58 | €540,751 | €550,168 | +€9,418 | +1.7% |
| Amounts receivable within one year | 40/41 | €524,882 | €532,958 | +€8,075 | +1.5% |
| Trade receivables | 40 | €506,354 | €530,596 | +€24,243 | +4.8% |
| Other amounts receivable | 41 | €18,529 | €2,361 | -€16,167 | -87.3% |
| Cash at bank and in hand | 54/58 | €15,868 | €665 | -€15,204 | -95.8% |
| Deferred charges and accrued income | 490/1 | - | €16,546 | +€16,546 | |
| Total equity and liabilities | 10/49 | €822,288 | €1,262,606 | +€440,318 | +53.5% |
| Equity | 10/15 | €228,641 | €664,472 | +€435,831 | +190.6% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Revaluation surpluses | 12 | €68,249 | €487,897 | +€419,648 | +614.9% |
| Reserves | 13 | €112,487 | €112,487 | = | 0.0% |
| Distributable reserves | 133 | €112,487 | €112,487 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,454 | €43,636 | +€16,183 | +58.9% |
| Amounts payable | 17/49 | €593,647 | €598,134 | +€4,487 | +0.8% |
| Amounts payable after more than one year | 17 | €111,496 | €130,796 | +€19,300 | +17.3% |
| Financial debts | 170/4 | €111,496 | €130,796 | +€19,300 | +17.3% |
| Amounts payable within one year | 42/48 | €480,684 | €465,872 | -€14,812 | -3.1% |
| Current portion of amounts payable after more than one year | 42 | €52,248 | €44,625 | -€7,623 | -14.6% |
| Financial debts | 43 | - | €35,076 | +€35,076 | |
| Credit institutions | 430/8 | - | €35,076 | +€35,076 | |
| Trade debts | 44 | €317,928 | €264,759 | -€53,169 | -16.7% |
| Suppliers | 440/4 | €317,928 | €264,759 | -€53,169 | -16.7% |
| Taxes, remuneration and social security | 45 | €34,509 | €45,412 | +€10,903 | +31.6% |
| Taxes | 450/3 | €2,259 | €16,716 | +€14,457 | +639.9% |
| Remuneration and social security | 454/9 | €32,250 | €28,696 | -€3,554 | -11.0% |
| Other amounts payable | 47/48 | €76,000 | €76,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,466 | €1,466 | = | 0.0% |
| Non-recurring operating income | 76A | - | €5,205 | +€5,205 | |
| Remuneration, social security and pensions | 62 | €244,775 | €232,818 | -€11,957 | -4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,340 | €20,181 | +€2,841 | +16.4% |
| Other operating charges | 640/8 | €11,081 | €9,363 | -€1,718 | -15.5% |
| Non-recurring operating charges | 66A | - | €121 | +€121 | |
| Gross operating margin | 9900 | €301,375 | €308,039 | +€6,664 | +2.2% |
| Operating profit (loss) | 9901 | €28,179 | €45,556 | +€17,377 | +61.7% |
| Financial income | 75/76B | €5,018 | €187 | -€4,832 | -96.3% |
| Recurring financial income | 75 | €5,018 | €187 | -€4,832 | -96.3% |
| Financial charges | 65/66B | €22,399 | €22,623 | +€224 | +1.0% |
| Recurring financial charges | 65 | €22,399 | €22,623 | +€224 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €10,798 | €23,119 | +€12,321 | +114.1% |
| Income taxes | 67/77 | €8,627 | €6,937 | -€1,690 | -19.6% |
| Profit (loss) for the period | 9904 | €2,172 | €16,183 | +€14,011 | +645.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,172 | €16,183 | +€14,011 | +645.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.