Tropics Cargo
ActiveSummary
Tropics Cargo has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €236,952 and a net result of €55,853. Equity has been stable since 2019 (±0.5% per year). Its solvency ranks better than 23% of 9,845 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Official details
Source: KBO- Status
- Active since 15-02-1991 Normal situation
- Activity
- Agents in non-specialised wholesale trade NACE 46190and 2 others
- Joint committees
- 140.03 Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden
- 226 Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek · annual accounts 2025
- Establishment unit
- 2.051.804.574 8610 Kortemark, since 24-01-2002
- Financial year end
- 31 December
- Peppol
- Reachable since 09-04-2024
Board and ownership
- PRUNUDirector · since 20-06-2025 · permanent representative Gerrit Prudon
- Ravi Kumar SharmaDirector · since 14-08-2025
- Auditor
- VRC BEDRIJFSREVISOREN
- DB FOODS UK LTDconsolidatesannual accounts 2025
- Gerrit Johannes Prudonannual accounts 2025
- Tropics cargo UKannual accounts 2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- €1.1m
- Turnover
- ≈ €4.4m
- estimated
- Profit
- €55,853
- Equity
- €236,952
- Total assets
- €1.5m
- Employees on 31-12-2025
- 8
Score breakdownraises riskEquity €236,952 (16.0% of total assets)Size: 6.7 FTE, total assets €1.5mlowers riskFounded in 1991Liquidity: current ratio 1.23, cash €221,364Show 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 46, micro). It does better than 28% of them on solvency, 46% on liquidity and 60% on profitability.
The bankruptcy probability was computed on 02-11-2026 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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Signals
The company filed its last 7 accounts on average 29 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (1)
Key points
- Positive: Back in profit in 2025after a loss of €192,801 in 2024 €55,853 View
- Caution: Directors leftlatest change 03-09-2026 · 2 in office 3 left View
- Positive: Filed on time since financial year 2019accounts within the deadline every year 7 years View
- Higher gross margin than 87% of companies in wholesale tradesector median €190,382 · 9,808 companies €1.1m View
Recent changes
- · Gazette deed Resignation: Paul James Taylor (director)Permanent representative: Gerrit Prudon
- · Gazette deed Resignations: Max Prudon (director) and Gary Smith (director)Appointments: Paul James Taylor (director) and Ravi Kumar Sharma (director) · Permanent representative: Gerrit Prudon
- · Gazette deed Appointment: BV VRC BEDRIJFSREVISOREN (statutory auditor)
Comparable companies
These companies have the same main activity as Tropics Cargo: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €1m and €2.5m, founded between 1986 and 1998.
| Company | Total assets | Gross margin |
|---|---|---|
| Tropics Cargo Kortemark | €1.5m | €1.1m |
| ATTACHMENT TECHNOLOGY INTERNATIONAL Dentergem | €1.3m | €0.6m |
| Drouguet Soudage Theux | €1.0m | €0.7m |
| Roxtec Belgium Gent | €2.4m | €1.2m |
| Deweerdt W. Aalst | €2.2m | €0.9m |
| INTERSTYLE BELGIUM Hamme (Vl.) | €2.5m | €1.0m |
| SL - Solution Anzegem | €2.1m | €1.0m |
Key facts about Tropics Cargo
- What is the company number of Tropics Cargo?
- The company number of Tropics Cargo is 0442.928.031. The VAT number is the same number with BE in front: BE 0442.928.031.
- Where is Tropics Cargo based?
- The registered office is at Edewallestraat 68, 8610 Kortemark.Company details
- What does Tropics Cargo do?
- According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
- What is the legal form of Tropics Cargo?
- The legal form of Tropics Cargo is Private limited company (BV).
- When was Tropics Cargo founded?
- Tropics Cargo was founded on 15-02-1991.
- Is Tropics Cargo still active?
- Yes, Tropics Cargo is an active enterprise in the KBO register.
- How many employees does Tropics Cargo have?
- Tropics Cargo had an average of 6.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Tropics Cargo fall under?
- In its 2025 annual accounts, Tropics Cargo states joint committees 140.03 (Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden) and 226 (Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek).
- What is the turnover of Tropics Cargo?
- The turnover in financial year 2025 is ≈ €4.4m. This figure is estimated from the gross margin of €1.1m and 98 comparable companies (NACE 46). It probably lies between €2.7m and €7.5m.
- Is Tropics Cargo profitable?
- In financial year 2025, Tropics Cargo made a profit of €55,853.
- Where can I find the annual accounts of Tropics Cargo?
- Tropics Cargo filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
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