Payment terms
TIGRE pays its suppliers 1 day earlier than in 2024. Customers pay 66 days earlier.
TIGRE pays its suppliers 1 day earlier than in 2024. Customers pay 66 days earlier.
Less equity than 90% of companies in specialised construction. Sector median €250,150 · 9,975 companies.
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 47% of them on solvency, 70% on liquidity, 11% on profitability and 34% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
In July 2024, 3,591 companies had the same profile as TIGRE has now. Each dot stands for 9 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of TIGRE itself: 1.9% within 12 months.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,591 companies, not a prediction for TIGRE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 4 accounts on average 31 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| TIGRE Molenbeek-Saint-Jean | €17,218 | -€1,832 | 43.7% | - |
| RYO CONSTRUCT Forest | €14,769 | €919 | 82.4% | - |
| HAYDA CONSULT Bertrix | €16,658 | -€6,883 | 51.1% | - |
| CLEANING EVERYTHING Antwerp | €15,486 | -€12,977 | 77.7% | - |
| FLOORMAR BUILDING Sint-Pieters-Leeuw | €18,273 | -€32,056 | 43.1% | - |
| RM GROUP Antwerp | €15,343 | €601 | 83.1% | - |
| C’ CURA NBC Hastière | €15,191 | -€3,315 | 92.3% | - |
These companies have the same main activity as TIGRE: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €14,800 and €18,300, founded between 2020 and 2021.
Solvency fell in 2025 from 60.3% to 43.7% because of the loss.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 50% of 9,973 companies in 2025.
Higher than 51% of 9,836 companies in 2025.
Higher than 9% of 9,905 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
17,218 | 13,582 | 12,241 | 5,570 | |
29/58 |
17,218 | 13,582 | 12,241 | 5,570 | |
40/41 |
4,200 | 8,209 | 3,534 | 3,469 | |
40 |
3,459 | 8,209 | 3,469 | 3,469 | |
41 |
741 | - | 65 | - | |
54/58 |
13,018 | 5,373 | 8,707 | 2,101 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
17,218 | 13,582 | 12,241 | 5,570 | |
10/15 |
7,532 | 8,192 | 6,911 | 4,915 | |
10/11 |
10,000 | 10,000 | 9,500 | 9,500 | |
11 |
10,000 | 10,000 | 9,500 | 9,500 | |
1109/19 |
10,000 | 10,000 | 9,500 | 9,500 | |
13 |
1,300 | - | - | - | |
130/1 |
1,300 | - | - | - | |
130 |
1,300 | - | - | - | |
14 |
-3,768 | -1,808 | -2,589 | -4,585 | |
17/49 |
9,686 | 5,390 | 5,330 | 655 | |
42/48 |
9,686 | 5,390 | 5,330 | 655 | |
44 |
25 | 48 | - | - | |
440/4 |
25 | 48 | - | - | |
45 |
- | 1,322 | 1,300 | 625 | |
450/3 |
- | 22 | - | 625 | |
454/9 |
- | 1,300 | 1,300 | - | |
47/48 |
9,661 | 4,020 | 4,030 | 30 | |
| Income statement | |||||
70 |
24,752 | 25,710 | 27,874 | 20,854 | |
9900 |
-1,832 | 944 | 2,345 | -4,585 | |
60/61 |
31,647 | 24,953 | 25,529 | 25,439 | |
640/8 |
- | - | 208 | - | |
9901 |
-1,832 | 944 | 2,137 | -4,585 | |
65/66B |
128 | 163 | 141 | 0 | |
65 |
128 | 163 | 141 | 0 | |
9903 |
-1,960 | 781 | 1,996 | -4,585 | |
9904 |
-1,960 | 781 | 1,996 | -4,585 | |
9905 |
-1,960 | 781 | 1,996 | -4,585 | |
| Appropriation of the result | |||||
9906 |
-3,768 | -1,808 | -2,589 | -4,585 | |
14P |
-1,808 | -2,589 | -4,585 | - | |
| Document | |||||
Source: Annual accounts 2025 at the NBB, filed on 29-08-2026.
2025 annual accounts filed 29 days after the deadline. Filed on 29 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00507897.
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 7,645 | -3,334 | 6,606 | - | ||
| 7,532 | 8,192 | 6,911 | 4,915 | ||
| -7.4% | 3.7% | 7.7% | -22.0% | ||
| 43.7% | 60.3% | 56.5% | 88.2% | ||
| 1.78 | 2.52 | 2.30 | 8.50 | ||
| 1.29 | 0.66 | 0.77 | 0.13 | ||
| -26.0% | 9.5% | 28.9% | -93.3% | ||
| -11.4% | 5.8% | 16.3% | -82.3% | ||
| 51 days | 117 days | 45 days | 61 days | ||
| 0 days | 1 day | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2025 is a loss of €1,832, after a profit of €944 in 2024. It is the lowest result since 2022.
Debt's share of the balance-sheet total rises from 39.7% to 56.3%. Equity is lower and debt is higher.
TIGRE has no parent and no holdings in its annual accounts. AARAB Mohamed is the only director. TIGRE shares no director with another company.
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Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
TIGRE was incorporated on 21 October 2021 as a private limited company by two natural persons, with a starting capital of €10,000.12 The registered office was moved to Molenbeek-Saint-Jean in 2021.3 AARAB Mohamed is director of the company, appointed by deed of 25-10-2021.2 Turnover grew from €20,854 in 2022 to €24,752 in 2025.4
| Establishment | Since | Unit number |
|---|---|---|
| Kolomstraat 1A registered office 1080 Molenbeek-Saint-Jean | ||
| Joseph Baecklaan 70 1080 Molenbeek-Saint-Jean 2511001 Manufacture of metal structures and parts of structures | 03-11-2021 | 2.323.702.702 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21523B0861/00D000 | 7,479 m² | 1 · 287 m² | 37.3 m · 12 |
| 21522B0623/00L000 | 2,442 m² | 1 · 406 m² | 19.8 m · 2 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0776.354.445
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