TIGER FINANCE: 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.
TIGER FINANCE
Largest movements
- Receivables within one year +€7,949
up €7,949 (+47.1%), from €16,879 to €24,828
of which Other amounts receivable: +€5,911
- Tangible fixed assets -€1,978
down €1,978 (-26.9%), from €7,343 to €5,365
of which Plant, machinery and equipment: -€1,978
- Profit (loss) carried forward +€9,812
up €9,812 (+86.6%), from €11,331 to €21,143
- Tax, wage and social debts +€9,687
up €9,687 (+80.1%), from €12,096 to €21,783
- Trade debts -€7,512
down €7,512 (-40.9%), from €18,371 to €10,859
- Other debts -€6,000
down €6,000 (-33.3%), from €18,000 to €12,000
- Gross operating margin +€11,433
up €11,433 (+41.8%), from €27,355 to €38,788
- Financial charges -€4,158
down €4,158 (-88.4%), from €4,701 to €543
- Taxes +€3,266
up €3,266 (+40.7%), from €8,019 to €11,285
- Other operating charges +€2,381
up €2,381 (+307%), from €776 to €3,157
- Depreciation -€1,409
down €1,409 (-35.8%), from €3,939 to €2,530
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 | €62,795 | €67,970 | +€5,175 | +8.2% |
| Fixed assets | 21/28 | €14,267 | €11,737 | -€2,530 | -17.7% |
| Intangible fixed assets | 21 | €2,274 | €1,722 | -€552 | -24.3% |
| Tangible fixed assets | 22/27 | €7,343 | €5,365 | -€1,978 | -26.9% |
| Plant, machinery and equipment | 23 | €5,468 | €3,490 | -€1,978 | -36.2% |
| Assets under construction and advance payments | 27 | €1,875 | €1,875 | = | 0.0% |
| Financial fixed assets | 28 | €4,650 | €4,650 | = | 0.0% |
| Current assets | 29/58 | €48,528 | €56,233 | +€7,705 | +15.9% |
| Amounts receivable within one year | 40/41 | €16,879 | €24,828 | +€7,949 | +47.1% |
| Trade receivables | 40 | €12,566 | €14,604 | +€2,038 | +16.2% |
| Other amounts receivable | 41 | €4,313 | €10,224 | +€5,911 | +137% |
| Cash at bank and in hand | 54/58 | €30,807 | €31,115 | +€308 | +1.0% |
| Deferred charges and accrued income | 490/1 | €842 | €290 | -€552 | -65.6% |
| Total equity and liabilities | 10/49 | €62,795 | €67,970 | +€5,175 | +8.2% |
| Equity | 10/15 | €13,331 | €23,143 | +€9,812 | +73.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,331 | €21,143 | +€9,812 | +86.6% |
| Amounts payable | 17/49 | €49,464 | €44,827 | -€4,637 | -9.4% |
| Amounts payable within one year | 42/48 | €48,667 | €44,642 | -€4,025 | -8.3% |
| Current portion of amounts payable after more than one year | 42 | €200 | - | -€200 | |
| Trade debts | 44 | €18,371 | €10,859 | -€7,512 | -40.9% |
| Suppliers | 440/4 | €18,371 | €10,859 | -€7,512 | -40.9% |
| Taxes, remuneration and social security | 45 | €12,096 | €21,783 | +€9,687 | +80.1% |
| Taxes | 450/3 | €12,096 | €21,783 | +€9,687 | +80.1% |
| Other amounts payable | 47/48 | €18,000 | €12,000 | -€6,000 | -33.3% |
| Accrued charges and deferred income | 492/3 | €797 | €185 | -€612 | -76.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,939 | €2,530 | -€1,409 | -35.8% |
| Other operating charges | 640/8 | €776 | €3,157 | +€2,381 | +307% |
| Gross operating margin | 9900 | €27,355 | €38,788 | +€11,433 | +41.8% |
| Operating profit (loss) | 9901 | €22,640 | €33,101 | +€10,461 | +46.2% |
| Financial income | 75/76B | €255 | €538 | +€283 | +111% |
| Recurring financial income | 75 | €255 | €538 | +€283 | +111% |
| Financial charges | 65/66B | €4,701 | €543 | -€4,158 | -88.4% |
| Recurring financial charges | 65 | €4,701 | €543 | -€4,158 | -88.4% |
| Profit (loss) for the period before taxes | 9903 | €18,194 | €33,096 | +€14,902 | +81.9% |
| Income taxes | 67/77 | €8,019 | €11,285 | +€3,266 | +40.7% |
| Profit (loss) for the period | 9904 | €10,175 | €21,811 | +€11,636 | +114% |
| Profit (loss) for the period to be appropriated | 9905 | €10,175 | €21,811 | +€11,636 | +114% |
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 29 October 2026 via checked.be.