Active BE 0420.037.120Private limited company

TIGER

Ambachtenstraat(LUB) 11 ·3210 Lubbeek, Belgium· 46 yrs active

Sector: Wholesale of agricultural produce and animal feed, general range (46216)

Conclusion Checked

TIGER has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €365k and a net result of €-7k. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 45% of 10963 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Based on the State Gazette, CBE and 5 annual accounts.

Key figures

Equity	€365k
Net result	€-7k
Better than sector	45%
Active	46 yrs

Financial profile 5 of 5 axes measured · computed by Checked

60 / 100

Strong profile, led by stability.

All 5 axes are computed from data Checked has read.

Health 61

Profitability 0

Solvency 60

Growth 78

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.4% Very low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 1980, 46 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2025 · computed

61 / 100 Healthy

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

€22k

estimate, not credit advice

Score history

50 2021

21 2022

13 2023

20 2024

61 2025

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 1.13 (≥ 1.0) +5

Quick ratio Quick ratio 1.13 (≥ 1.0) +5

Leverage Debt/equity 1.74 (< 2.0) +3

Profitability Negatieve ROE -2% -10

Profit trend Net profit up YoY +5

Equity growth Equity growing YoY +3

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Financial overview45 NBB filings

Annual accounts filed on 06-01-2026 with the NBB · fiscal year 2025 · micro schema

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~9.7%/year over 5 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 46, Wholesale trade · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	36.5%	42.5%	better than 45% of 10963 sector peers
Net result	€-7k	€6k	better than 21% of 10975 sector peers
Equity	€365k	€60k	better than 88% of 10995 sector peers
Gross operating margin	€7k	€29k	better than 30% of 10951 sector peers
Total assets	€1.00M	€175k	better than 92% of 10973 sector peers

EBITDA

€-153k

- 21-25

Net profit

€-7k

+52.6% 21-25

Cash flow

€-497k

- 21-25

Total assets

€1.00M

+105.4% 21-25

Equity

€365k

- 21-25

Working capital

€1k

- 21-25

Debt

€636k

+2.0% 21-25

Debt ≤ 1y

€8k

+5.7% 21-25

Debt > 1y

€628k

+1.9% 21-25

Current ratio

1.13

+141.2% 21-25

Quick ratio

1.13

+141.2% 21-25

Solvency

36.5%

- 21-25

Debt / equity

1.74

- 21-25

ROE

-1.9%

- 21-25

ROA

-0.7%

+76.9% 21-25

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2025	2024	2023	2022	2021
Deposit	micro schema	micro schema	micro schema	micro schema	micro schema
Revenue	-	-	-	-	-
EBITDA	-	-	-	-	€-153k
Net profit	€-7k	€-14k	€-14k	€-3k	€-503k
Cash flow	-	-	-	-	€-497k
Staff costs	-	-	-	-	-
Income taxes	-	-	-	-	-
Dividends	-	-	-	-	-
Total assets	€1.00M	€487k	€467k	€449k	€468k
Equity	€365k	€-136k	€-141k	€-147k	€-164k
Debt	€636k	€623k	€609k	€596k	€633k
of which ≤ 1y	€8k	€8k	€8k	€9k	€9k
of which > 1y	€628k	€616k	€601k	€588k	€593k
Working capital	€1k	€-4k	€-5k	€-4k	€35k
Employees (FTE)	-	-	-	-	-

Ratios (computed)

	2025	2024	2023	2022	2021
Current ratio	1.13	0.47	0.40	0.58	4.99
Quick ratio	1.13	0.47	0.40	0.58	4.99
Working capital ratio	0.1%	-0.8%	-1.0%	-0.8%	7.5%
Solvency	36.5%	-27.9%	-30.2%	-32.7%	-35.0%
Debt / equity	1.74	-4.58	-4.31	-4.06	-3.61
Long-term debt ratio	1.72	-4.53	-4.25	-4.00	-3.61
Interest coverage	-	-	-	-	-
Gross margin	-	-	-	-	-
Net margin	-	-	-	-	-
ROA	-0.7%	-3.0%	-3.0%	-0.6%	-107.4%
ROE	-1.9%	10.6%	9.9%	1.8%	306.5%
EBITDA margin	-	-	-	-	-
Days sales outstanding	-	-	-	-	-
Days payable outstanding	-	-	-	-	-
Inventory turnover	-	-	-	-	-
Days inventory (DSI)	-	-	-	-	-

Balance-sheet composition 2025

Assets

Fixed assets €992k · 99.1% Current assets €9k · 0.9%

Equity & liabilities

Equity €365k · 36.5% Debt €636k · 63.5%

Full annual accounts (22 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025	2024	2023	2022	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.00M	€487k	€467k	€449k	€468k
Fixed assets	21/28	€992k	€484k	€464k	€444k	€425k
Tangible fixed assets	22/27	€992k	€484k	€464k	€444k	€425k
Current assets	29/58	€9k	€4k	€3k	€5k	€44k
Amounts receivable within one year	40/41	€3k	€2k	€1k	€2k	€39k
Cash & bank	54/58	€5k	€125	€999	€2k	€4k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.00M	€487k	€467k	€449k	€468k
Equity	10/15	€365k	€-136k	€-141k	€-147k	€-164k
Contributions / capital	10/11	€20k	€20k	€20k	€20k	-
Reserves	13	€3k	€3k	€3k	€3k	€3k
Accumulated profits (losses)	14	€-541k	€-534k	€-520k	€-506k	€-503k
Amounts payable	17/49	€636k	€623k	€609k	€596k	€633k
Amounts payable after one year	17	€628k	€616k	€601k	€588k	€593k
Amounts payable within one year	42/48	€8k	€8k	€8k	€9k	€9k
Trade debts payable within one year	44	€400	€387	€384	€868	€868
Income statement
Gross operating margin	9900	€7k	€-887	€-627	€12k	€5k
Operating result	9901	€6k	€-2k	€-2k	€9k	€-159k
Financial income	75	-	-	-	-	€4
Financial charges	65	€13k	€12k	€12k	€12k	€12k
Result before taxes	9903	€-7k	€-14k	€-14k	€-3k	€-171k
Net result for the period	9904	€-7k	€-14k	€-14k	€-3k	€-171k
Result to be appropriated	9905	€-7k	€-14k	€-14k	€-3k	€-171k

Legal Structure

NACE primary	Wholesale of agricultural produce and animal feed, general range(46216)
Legal form	Private limited company(610)
Incorporation	08-01-1980
Status	Active
Postal code	3210

Establishment units 1 location

TIGER

Ambachtenstraat(LUB) 11, 3210 LubbeekGrowing of cereals (except rice), leguminous crops and oil seeds

since 20022.102.271.595

Real-estate footprint Source: CBE × cadastre

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
24066B0214/00B003	Flanders	1,680 m²	1 · 639 m²	7.8 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

All 13Financial 2Gazette 1Filings 10

Next filing, fiscal year 2026, expected by 31-01-2027

2026

06-01

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

30-06

Financial Liquidity doublescurrent ratio 1.13

Current ratio from 0.47 to 1.13.

30-06

Financial Equity above €200kEq €365k

Equity rises from €-136k to €365k.

2024

20-12

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

17-07

State Gazette act Capital & shares

Jozef Werckx

05-01

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2022

22-12

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2021

22-12

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2020

23-12

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2019

12-12

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

11-01

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2017

22-12

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2016

23-12

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Belgian State Gazette reading coverage 0 of 5 acts read

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts

Capital history · 1

17-07-2024

Capital change

All acts · 1 updated 2 years ago

2024

17-07-2024 Share split Capital & shares·Jozef Werckx

Notary: Jozef Werckx · Leuven

Original publication ↗

Technical details

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  "events": [
    {
      "kind": "statutory_reserve_release",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
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      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": "convert_to_distributable"
    },
    {
      "kind": "share_split",
      "after_eur": null,
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      "distribution_amount_eur": null,
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    },
    {
      "kind": "share_class_creation",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "share_emission": {
        "agio_eur": null,
        "share_form": "nominal",
        "share_class": null,
        "n_new_shares": 300,
        "with_new_shares": true,
        "nominal_value_eur": null,
        "issue_price_per_share_eur": null
      },
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
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      "not_yet_called_eur": null,
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      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "share_class_creation",
      "after_eur": null,
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        "agio_eur": null,
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        "nominal_value_eur": null,
        "issue_price_per_share_eur": null
      },
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
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      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": "Jozef Werckx",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Leuven",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2024-07-17",
    "filing_date": "2024-07-15",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "act_date": "2024-07-15",
    "unanimous": true,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2024-07-04"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0420.037.120",
    "name_full": "TIGER",
    "legal_form": "Besloten vennootschap met beperkte aansprakelijkheid",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [
    "uitgifte van de akte",
    "historiek",
    "geco\u00F6rdineerde tekst van de statuten"
  ],
  "shareholders_after": [],
  "share_classes_after": []
}

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Wholesale of agricultural produce and animal feed, general range4621651210Retail sale of second-hand clothing4779252502Financial service activities, except insurance and pension funding64910652107110071210Advertising agencies7311074401Renting and leasing of cars and light motor vehicles77110Rental and leasing activities77120

Names & trade names

Legal nameNL

TIGER

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