El Tigre Publishing: what changed
Two financial 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.
El Tigre Publishing
Largest movements
- Cash +€14,730
up €14,730 (+87.8%), from €16,770 to €31,500
mainly Receivables within one year (+€9,884) and Net result for the year (+€5,826)
- Receivables within one year -€9,884
no longer reported in 2025 (was €9,884)
of which Trade receivables: -€5,603
- Tangible fixed assets +€2,073
new in 2025: €2,073
of which Furniture and vehicles: +€1,161
- Deferred charges and accrued income -€1,835
no longer reported in 2025 (was €1,835)
- Profit (loss) carried forward +€5,826
up €5,826 (+45.1%), from -€12,906 to -€7,080
- Other debts +€3,110
up €3,110 (+37.1%), from €8,393 to €11,503
- Accrued charges and deferred income -€2,498
no longer reported in 2025 (was €2,498)
- Trade debts -€1,721
down €1,721 (-64.3%), from €2,679 to €957
- Short-term financial debts +€1,339
up €1,339 (+564%), from €237 to €1,576
- Gross operating margin +€8,767
up €8,767 (+184%), from €4,776 to €13,543
- Write-downs -€5,889
no longer reported in 2025 (was €5,889)
- Taxes +€4,900
new in 2025: €4,900
- Financial charges +€2,785
up €2,785 (+1,605%), from €173 to €2,958
- Financial income +€408
new in 2025: €408
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.
Derived cash bridge
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 | €28,489 | €33,573 | +€5,084 | +17.8% |
| Fixed assets | 21/28 | - | €2,073 | +€2,073 | |
| Tangible fixed assets | 22/27 | - | €2,073 | +€2,073 | |
| Plant, machinery and equipment | 23 | - | €912 | +€912 | |
| Furniture and vehicles | 24 | - | €1,161 | +€1,161 | |
| Current assets | 29/58 | €28,489 | €31,500 | +€3,011 | +10.6% |
| Amounts receivable within one year | 40/41 | €9,884 | - | -€9,884 | |
| Trade receivables | 40 | €5,603 | - | -€5,603 | |
| Other amounts receivable | 41 | €4,281 | - | -€4,281 | |
| Cash at bank and in hand | 54/58 | €16,770 | €31,500 | +€14,730 | +87.8% |
| Deferred charges and accrued income | 490/1 | €1,835 | - | -€1,835 | |
| Total equity and liabilities | 10/49 | €28,489 | €33,573 | +€5,084 | +17.8% |
| Equity | 10/15 | €7,094 | €12,920 | +€5,826 | +82.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,906 | -€7,080 | +€5,826 | +45.1% |
| Amounts payable | 17/49 | €21,395 | €20,652 | -€743 | -3.5% |
| Amounts payable within one year | 42/48 | €18,898 | €20,652 | +€1,755 | +9.3% |
| Financial debts | 43 | €237 | €1,576 | +€1,339 | +564% |
| Credit institutions | 430/8 | €237 | €1,576 | +€1,339 | +564% |
| Trade debts | 44 | €2,679 | €957 | -€1,721 | -64.3% |
| Suppliers | 440/4 | €2,679 | €957 | -€1,721 | -64.3% |
| Taxes, remuneration and social security | 45 | €7,589 | €6,617 | -€972 | -12.8% |
| Taxes | 450/3 | €5,014 | €6,617 | +€1,603 | +32.0% |
| Remuneration and social security | 454/9 | €2,575 | - | -€2,575 | |
| Other amounts payable | 47/48 | €8,393 | €11,503 | +€3,110 | +37.1% |
| Accrued charges and deferred income | 492/3 | €2,498 | - | -€2,498 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €107 | +€107 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,889 | - | -€5,889 | |
| Other operating charges | 640/8 | - | €159 | +€159 | |
| Gross operating margin | 9900 | €4,776 | €13,543 | +€8,767 | +184% |
| Operating profit (loss) | 9901 | -€1,113 | €13,276 | +€14,390 | |
| Financial income | 75/76B | - | €408 | +€408 | |
| Recurring financial income | 75 | - | €408 | +€408 | |
| Financial charges | 65/66B | €173 | €2,958 | +€2,785 | +1,605% |
| Recurring financial charges | 65 | €173 | €2,958 | +€2,785 | +1,605% |
| Profit (loss) for the period before taxes | 9903 | -€1,287 | €10,726 | +€12,013 | |
| Income taxes | 67/77 | - | €4,900 | +€4,900 | |
| Profit (loss) for the period | 9904 | -€1,287 | €5,826 | +€7,113 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,287 | €5,826 | +€7,113 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.