Dr TIGRA: what changed
Two fiscal 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.
Dr TIGRA
Largest movements
- Cash -€120,462
down €120,462 (-28.8%), from €417,613 to €297,151
mainly Contributions, distributions and other (-€1.1m) and Trade debts (-€3,489)
- Tangible fixed assets -€48,676
down €48,676 (-10.3%), from €472,668 to €423,992
of which Land and buildings: -€25,589
- Receivables within one year -€16,656
down €16,656 (-35.8%), from €46,541 to €29,885
- Reserves -€895,000
down €895,000 (-100.0%), from €895,000 to €0
- Other debts +€646,163
up €646,163 (+20145.5%), from €3,207 to €649,371
- Tax, wage and social debts +€70,895
up €70,895 (+718.2%), from €9,871 to €80,765
of which Taxes: +€76,413
- Gross operating margin +€31,873
up €31,873 (+8.1%), from €392,557 to €424,430
- Taxes +€12,925
up €12,925 (+21.2%), from €61,039 to €73,963
- Depreciation -€10,465
down €10,465 (-17.7%), from €59,142 to €48,676
- Staff costs -€8,888
down €8,888 (-15.6%), from €56,948 to €48,059
- Other operating charges +€4,937
up €4,937 (+55.7%), from €8,857 to €13,794
From the 2024 result to the 2025 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.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €939,993 | €756,338 | -€183,655 | -19.5% |
| Fixed assets | 21/28 | €472,668 | €423,992 | -€48,676 | -10.3% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €472,668 | €423,992 | -€48,676 | -10.3% |
| Land and buildings | 22 | €406,411 | €380,823 | -€25,589 | -6.3% |
| Plant, machinery and equipment | 23 | €45,379 | €37,105 | -€8,274 | -18.2% |
| Furniture and vehicles | 24 | €20,878 | €6,064 | -€14,814 | -71.0% |
| Current assets | 29/58 | €467,325 | €332,346 | -€134,979 | -28.9% |
| Amounts receivable within one year | 40/41 | €46,541 | €29,885 | -€16,656 | -35.8% |
| Other amounts receivable | 41 | €46,541 | €29,885 | -€16,656 | -35.8% |
| Cash at bank and in hand | 54/58 | €417,613 | €297,151 | -€120,462 | -28.8% |
| Deferred charges and accrued income | 490/1 | €3,171 | €5,310 | +€2,139 | +67.5% |
| Total equity and liabilities | 10/49 | €939,993 | €756,338 | -€183,655 | -19.5% |
| Equity | 10/15 | €916,569 | €18,661 | -€897,907 | -98.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €895,000 | €0 | -€895,000 | -100.0% |
| Distributable reserves | 133 | €895,000 | €0 | -€895,000 | -100.0% |
| Profit (loss) carried forward | 14 | €2,969 | €61 | -€2,907 | -97.9% |
| Amounts payable | 17/49 | €23,424 | €737,676 | +€714,252 | +3049.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €22,180 | €735,749 | +€713,569 | +3217.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €9,102 | €5,613 | -€3,489 | -38.3% |
| Suppliers | 440/4 | €9,102 | €5,613 | -€3,489 | -38.3% |
| Taxes, remuneration and social security | 45 | €9,871 | €80,765 | +€70,895 | +718.2% |
| Taxes | 450/3 | €1,418 | €77,832 | +€76,413 | +5388.1% |
| Remuneration and social security | 454/9 | €8,453 | €2,934 | -€5,519 | -65.3% |
| Other amounts payable | 47/48 | €3,207 | €649,371 | +€646,163 | +20145.5% |
| Accrued charges and deferred income | 492/3 | €1,244 | €1,927 | +€683 | +54.9% |
| Remuneration, social security and pensions | 62 | €56,948 | €48,059 | -€8,888 | -15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,142 | €48,676 | -€10,465 | -17.7% |
| Other operating charges | 640/8 | €8,857 | €13,794 | +€4,937 | +55.7% |
| Non-recurring operating charges | 66A | €906 | €242 | -€664 | -73.3% |
| Gross operating margin | 9900 | €392,557 | €424,430 | +€31,873 | +8.1% |
| Operating profit (loss) | 9901 | €266,704 | €313,658 | +€46,954 | +17.6% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €6,537 | €2,002 | -€4,534 | -69.4% |
| Recurring financial charges | 65 | €6,537 | €2,002 | -€4,534 | -69.4% |
| Profit (loss) for the period before taxes | 9903 | €260,168 | €311,656 | +€51,489 | +19.8% |
| Income taxes | 67/77 | €61,039 | €73,963 | +€12,925 | +21.2% |
| Profit (loss) for the period | 9904 | €199,129 | €237,693 | +€38,564 | +19.4% |
| Profit (loss) for the period to be appropriated | 9905 | €199,129 | €237,693 | +€38,564 | +19.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.