TROPICANA: 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.
TROPICANA
Largest movements
- Receivables within one year +€132,972
up €132,972 (+149%), from €89,298 to €222,270
of which Trade receivables: +€149,370
- Cash -€4,995
down €4,995 (-5.3%), from €93,416 to €88,421
mainly Receivables within one year (-€132,972) and Other debts (-€45,000)
- Short-term financial debts +€148,933
new in 2024: €148,933
- Other debts -€45,000
down €45,000 (-92.1%), from €48,875 to €3,875
- Tax, wage and social debts +€21,326
up €21,326 (+71.1%), from €29,996 to €51,322
of which Remuneration and social security: +€16,031
- Reserves +€11,579
up €11,579 (+20.2%), from €57,274 to €68,853
of which Distributable reserves: +€11,579
- Trade debts -€8,570
down €8,570 (-67.1%), from €12,775 to €4,205
- Gross operating margin -€5,986
down €5,986 (-8.1%), from €73,908 to €67,922
- Staff costs +€5,886
up €5,886 (+14.3%), from €41,140 to €47,026
- Taxes -€4,552
down €4,552 (-41.9%), from €10,858 to €6,306
- Other operating charges +€961
up €961 (+91.1%), from €1,055 to €2,016
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.
Derived cash bridge
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 | €188,162 | €316,430 | +€128,268 | +68.2% |
| Fixed assets | 21/28 | €2,853 | €3,144 | +€291 | +10.2% |
| Tangible fixed assets | 22/27 | €2,853 | €3,144 | +€291 | +10.2% |
| Land and buildings | 22 | €1,955 | €1,692 | -€263 | -13.5% |
| Furniture and vehicles | 24 | €898 | €1,452 | +€554 | +61.7% |
| Current assets | 29/58 | €185,309 | €313,286 | +€127,977 | +69.1% |
| Stocks and contracts in progress | 3 | €2,480 | €2,480 | = | 0.0% |
| Stocks | 30/36 | €2,480 | €2,480 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €89,298 | €222,270 | +€132,972 | +149% |
| Trade receivables | 40 | €19,545 | €168,915 | +€149,370 | +764% |
| Other amounts receivable | 41 | €69,753 | €53,355 | -€16,398 | -23.5% |
| Cash at bank and in hand | 54/58 | €93,416 | €88,421 | -€4,995 | -5.3% |
| Deferred charges and accrued income | 490/1 | €115 | €115 | = | 0.0% |
| Total equity and liabilities | 10/49 | €188,162 | €316,430 | +€128,268 | +68.2% |
| Equity | 10/15 | €75,866 | €87,445 | +€11,579 | +15.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €57,274 | €68,853 | +€11,579 | +20.2% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €55,415 | €66,994 | +€11,579 | +20.9% |
| Amounts payable | 17/49 | €112,296 | €228,985 | +€116,689 | +104% |
| Amounts payable within one year | 42/48 | €112,296 | €228,985 | +€116,689 | +104% |
| Financial debts | 43 | - | €148,933 | +€148,933 | |
| Credit institutions | 430/8 | - | €148,933 | +€148,933 | |
| Trade debts | 44 | €12,775 | €4,205 | -€8,570 | -67.1% |
| Suppliers | 440/4 | €12,775 | €4,205 | -€8,570 | -67.1% |
| Advances received on contracts in progress | 46 | €20,650 | €20,650 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €29,996 | €51,322 | +€21,326 | +71.1% |
| Taxes | 450/3 | €12,609 | €17,904 | +€5,295 | +42.0% |
| Remuneration and social security | 454/9 | €17,387 | €33,418 | +€16,031 | +92.2% |
| Other amounts payable | 47/48 | €48,875 | €3,875 | -€45,000 | -92.1% |
| Remuneration, social security and pensions | 62 | €41,140 | €47,026 | +€5,886 | +14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €808 | €799 | -€9 | -1.1% |
| Other operating charges | 640/8 | €1,055 | €2,016 | +€961 | +91.1% |
| Non-recurring operating charges | 66A | €1,056 | - | -€1,056 | |
| Gross operating margin | 9900 | €73,908 | €67,922 | -€5,986 | -8.1% |
| Operating profit (loss) | 9901 | €29,849 | €18,081 | -€11,768 | -39.4% |
| Financial income | 75/76B | €437 | - | -€437 | |
| Recurring financial income | 75 | €437 | - | -€437 | |
| Financial charges | 65/66B | €427 | €196 | -€231 | -54.1% |
| Recurring financial charges | 65 | €427 | €196 | -€231 | -54.1% |
| Profit (loss) for the period before taxes | 9903 | €29,859 | €17,885 | -€11,974 | -40.1% |
| Income taxes | 67/77 | €10,858 | €6,306 | -€4,552 | -41.9% |
| Profit (loss) for the period | 9904 | €19,001 | €11,579 | -€7,422 | -39.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,001 | €11,579 | -€7,422 | -39.1% |
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 30 October 2026 via checked.be.