TROPIC SUN: 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 SUN
Largest movements
- Cash -€12,181
down €12,181 (-95.0%), from €12,826 to €645
mainly Debts after one year (-€19,749) and Investment in fixed assets (net) (-€10,000)
- Tangible fixed assets +€9,295
up €9,295 (+1318.4%), from €705 to €10,000
- Receivables within one year +€6,291
up €6,291 (+22.0%), from €28,616 to €34,907
- Debts after one year -€19,749
down €19,749 (-32.9%), from €60,000 to €40,251
- Profit (loss) carried forward +€16,820
up €16,820 (+39.9%), from -€42,161 to -€25,341
- Trade debts +€6,100
new in 2024: €6,100
- Other debts +€2,642
up €2,642 (+166.6%), from €1,585 to €4,227
- Tax, wage and social debts -€2,408
down €2,408 (-88.4%), from €2,723 to €315
- Turnover +€19,400
new in 2024: €19,400
- Gross operating margin -€10,056
down €10,056 (-35.5%), from €28,304 to €18,248
- Purchases and services +€1,152
new in 2024: €1,152
- Depreciation +€705
new in 2024: €705
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €42,147 | €45,552 | +€3,405 | +8.1% |
| Fixed assets | 21/28 | €705 | €10,000 | +€9,295 | +1318.4% |
| Tangible fixed assets | 22/27 | €705 | €10,000 | +€9,295 | +1318.4% |
| Furniture and vehicles | 24 | €705 | €10,000 | +€9,295 | +1318.4% |
| Current assets | 29/58 | €41,442 | €35,552 | -€5,890 | -14.2% |
| Amounts receivable within one year | 40/41 | €28,616 | €34,907 | +€6,291 | +22.0% |
| Trade receivables | 40 | €28,616 | €34,907 | +€6,291 | +22.0% |
| Cash at bank and in hand | 54/58 | €12,826 | €645 | -€12,181 | -95.0% |
| Total equity and liabilities | 10/49 | €42,147 | €45,552 | +€3,405 | +8.1% |
| Equity | 10/15 | -€22,161 | -€5,341 | +€16,820 | +75.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,161 | -€25,341 | +€16,820 | +39.9% |
| Amounts payable | 17/49 | €64,308 | €50,893 | -€13,415 | -20.9% |
| Amounts payable after more than one year | 17 | €60,000 | €40,251 | -€19,749 | -32.9% |
| Other amounts payable | 178/9 | €60,000 | €40,251 | -€19,749 | -32.9% |
| Amounts payable within one year | 42/48 | €4,308 | €10,642 | +€6,334 | +147.0% |
| Trade debts | 44 | - | €6,100 | +€6,100 | |
| Suppliers | 440/4 | - | €6,100 | +€6,100 | |
| Taxes, remuneration and social security | 45 | €2,723 | €315 | -€2,408 | -88.4% |
| Taxes | 450/3 | €2,723 | €315 | -€2,408 | -88.4% |
| Other amounts payable | 47/48 | €1,585 | €4,227 | +€2,642 | +166.6% |
| Turnover | 70 | - | €19,400 | +€19,400 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €1,152 | +€1,152 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €705 | +€705 | |
| Other operating charges | 640/8 | €684 | €661 | -€23 | -3.4% |
| Gross operating margin | 9900 | €28,304 | €18,248 | -€10,056 | -35.5% |
| Operating profit (loss) | 9901 | €27,619 | €16,882 | -€10,737 | -38.9% |
| Financial charges | 65/66B | €77 | €62 | -€15 | -19.0% |
| Recurring financial charges | 65 | €77 | €62 | -€15 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €27,543 | €16,820 | -€10,723 | -38.9% |
| Profit (loss) for the period | 9904 | €27,543 | €16,820 | -€10,723 | -38.9% |
| Profit (loss) for the period to be appropriated | 9905 | €27,543 | €16,820 | -€10,723 | -38.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.