TIGRE
ActiveSummary
The computed 12-month bankruptcy probability of TIGRE is 5.2% (elevated). The 2025 annual accounts show equity of €8k and a net result of €-2k. Equity is growing by ~14.9% per year across the filed fiscal years. Its solvency ranks better than 50% of 7838 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability9▼-43
Solvency69▼-16
Growth69▼-6
Track record94
Bankruptcy probability, 12 months
5.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity ample (current ratio 1.78 against 2.52 in 2024; short-term debt: 56.3% and cash: 75.6% of total assets), but 56.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
43.7%
Return on assets
-11.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
29 d late
2024
31 d late
2023
31 d late
2022
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€25k▼ 3.7%
2024 · €26k
2022: €21klowest in 4 years
2023: €28k▲ +33.7% vs 2022highest in 4 years
2024: €26k▼ -7.8% vs 2023
2025: €25k▼ -3.7% vs 2024
2022 → 2025
EBIT margin
-7.4%▼ 11.1pp
2024 · 3.7%
2022: -22.0%lowest in 4 years
2023: 7.7%▲ +135% vs 2022highest in 4 years
2024: 3.7%▼ -52.1% vs 2023
2025: -7.4%▼ -302% vs 2024
2022 → 2025
Net result
€-2k
2024 · €781
2022: €-5klowest in 4 years
2023: €2k▲ +144% vs 2022highest in 4 years
2024: €781▼ -60.9% vs 2023
2025: €-2k▼ -351% vs 2024
2022 → 2025
Working capital
€8k▼ 8.1%
2024 · €8k
2022: €5klowest in 4 years
2023: €7k▲ +40.6% vs 2022
2024: €8k▲ +18.5% vs 2023highest in 4 years
2025: €8k▼ -8.1% vs 2024
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Turnover€21k-€28k▲ 33.7%€26k▼ 7.8%€25k▼ 3.7%
2022: €21klowest in 4 years
2023: €28k▲ +33.7% vs 2022highest in 4 years
2024: €26k▼ -7.8% vs 2023
2025: €25k▼ -3.7% vs 2024
Equity€5k-€7k▲ 40.6%€8k▲ 18.5%€8k▼ 8.1%
2022: €5klowest in 4 years
2023: €7k▲ +40.6% vs 2022
2024: €8k▲ +18.5% vs 2023highest in 4 years
2025: €8k▼ -8.1% vs 2024
Operating result€-5k-€2k€944▼ 55.8%€-2k
2022: €-5klowest in 4 years
2023: €2k▲ +147% vs 2022highest in 4 years
2024: €944▼ -55.8% vs 2023
2025: €-2k▼ -294% vs 2024
Net result€-5k-€2k€781▼ 60.9%€-2k
2022: €-5klowest in 4 years
2023: €2k▲ +144% vs 2022highest in 4 years
2024: €781▼ -60.9% vs 2023
2025: €-2k▼ -351% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2k after €944 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €17k
Equity
€8k ▼ 8.1%
Debt
€10k ▲ 79.7%
Debt's share of the balance-sheet total rises from 39.7% to 56.3%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.78▼
2024 · 2.52
Debt to equity
1.29▲
2024 · 0.66
ROE
-26.0%▼
2024 · 9.5%
ROA
-11.4%▼
2024 · 5.8%
Debt ≤ 1 year
€10k▲
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet
Code20242025
Assets
Total assets20/58€14k€17k▲
Current assets29/58€14k€17k▲
Amounts receivable within one year40/41€8k€4k▼
Trade receivables40€8k€3k▼
Other amounts receivable41-€741
Cash at bank and in hand54/58€5k€13k▲
Equity and liabilities
Total equity and liabilities10/49€14k€17k▲
Equity10/15€8k€8k▼
Contributions10/11€10k€10k=
Outside capital11€10k€10k=
Other1109/19€10k€10k=
Reserves13-€1k
Non-distributable reserves130/1-€1k
Legal reserve130-€1k
Profit (loss) carried forward14€-2k€-4k▼
Amounts payable17/49€5k€10k▲
Amounts payable within one year42/48€5k€10k▲
Trade debts44€48€25▼
Suppliers440/4€48€25▼
Taxes, remuneration and social security45€1k-
Taxes450/3€22-
Remuneration and social security454/9€1k-
Other amounts payable47/48€4k€10k▲
Income statement
Code20242025
Turnover70€26k€25k▼
Goods, raw materials, services and sundry goods60/61€25k€32k▲
Gross operating margin9900€944€-2k▼
Operating profit (loss)9901€944€-2k▼
Financial charges65/66B€163€128▼
Recurring financial charges65€163€128▼
Profit (loss) for the period before taxes9903€781€-2k▼
Profit (loss) for the period9904€781€-2k▼
Profit (loss) for the period to be appropriated9905€781€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-4k▼
Profit (loss) brought forward from the previous period14P€-3k€-2k▲
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Turnover70 | €21k | €28k | €26k | €25k | ▼ 3.7% |
| Goods, raw materials, services and sundry goods60/61 | €25k | €26k | €25k | €32k | ▲ 26.8% |
| Other operating charges640/8 | - | €208 | - | - | - |
| Gross operating margin9900 | €-5k | €2k | €944 | €-2k | ▼ 294% |
| Operating profit (loss)9901 | €-5k | €2k | €944 | €-2k | ▼ 294% |
| Financial charges65/66B | €0 | €141 | €163 | €128 | ▼ 21.5% |
| Recurring financial charges65 | €0 | €141 | €163 | €128 | ▼ 21.5% |
| Profit (loss) for the period before taxes9903 | €-5k | €2k | €781 | €-2k | ▼ 351% |
| Profit (loss) for the period9904 | €-5k | €2k | €781 | €-2k | ▼ 351% |
| Profit (loss) for the period to be appropriated9905 | €-5k | €2k | €781 | €-2k | ▼ 351% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €6k | €12k | €14k | €17k | ▲ 26.8% |
| Current assets29/58 | €6k | €12k | €14k | €17k | ▲ 26.8% |
| Amounts receivable within one year40/41 | €3k | €4k | €8k | €4k | ▼ 48.8% |
| Trade receivables40 | €3k | €3k | €8k | €3k | ▼ 57.9% |
| Other amounts receivable41 | - | €65 | - | €741 | - |
| Cash at bank and in hand54/58 | €2k | €9k | €5k | €13k | ▲ 142% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €6k | €12k | €14k | €17k | ▲ 26.8% |
| Equity10/15 | €5k | €7k | €8k | €8k | ▼ 8.1% |
| Contributions10/11 | €10k | €10k | €10k | €10k | = |
| Outside capital11 | €10k | €10k | €10k | €10k | = |
| Other1109/19 | €10k | €10k | €10k | €10k | = |
| Reserves13 | - | - | - | €1k | - |
| Non-distributable reserves130/1 | - | - | - | €1k | - |
| Legal reserve130 | - | - | - | €1k | - |
| Profit (loss) carried forward14 | €-5k | €-3k | €-2k | €-4k | ▼ 108% |
| Amounts payable17/49 | €655 | €5k | €5k | €10k | ▲ 79.7% |
| Amounts payable within one year42/48 | €655 | €5k | €5k | €10k | ▲ 79.7% |
| Trade debts44 | - | - | €48 | €25 | ▼ 47.8% |
| Suppliers440/4 | - | - | €48 | €25 | ▼ 47.8% |
| Taxes, remuneration and social security45 | €625 | €1k | €1k | - | - |
| Taxes450/3 | €625 | - | €22 | - | - |
| Remuneration and social security454/9 | - | €1k | €1k | - | - |
| Other amounts payable47/48 | €30 | €4k | €4k | €10k | ▲ 140% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-5k | €2k | €781 | €-2k | ▼ 351% |
| Operating cash flow (approximation) | €-5k | €2k | €781 | €-2k | ▼ 351% |
| Change in cash | - | €7k | €-3k | €8k | ▲ 329% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 29 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek · 1 establishment unit since 2021
Ground area
9,921 m²
Building footprint
693 m²
Volume, LiDAR
13,262 m³
2 parcels, Brussels · tallest building 37.3 m, ±12 floors. Linked by address, not a title deed.
292
companies at this address
See who is registered here
1 establishment unit
TIGRE
since 20212.323.702.702
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21523B0861/00D000 | Brussels | 7,479 m² | 1 · 287 m² | 37.3 m · 12 fl. |
| 21522B0623/00L000 | Brussels | 2,442 m² | 1 · 406 m² | 19.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Mpc by Cd
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,420. 3,518 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-10-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.