TIGERLILY: 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.
TIGERLILY
Largest movements
- Receivables within one year -€171,501
down €171,501 (-57.6%), from €297,986 to €126,486
of which Other amounts receivable: -€172,080
- Tangible fixed assets +€29,870
up €29,870 (+3.3%), from €902,775 to €932,645
of which Land and buildings: +€28,267
- Other debts -€118,837
down €118,837 (-56.7%), from €209,453 to €90,616
- Trade debts +€83,335
up €83,335 (+348%), from €23,974 to €107,309
- Advances received -€80,465
down €80,465 (-100%), from €80,465 to €0
- Profit (loss) carried forward -€37,120
down €37,120 (-96.0%), from -€38,657 to -€75,777
- Gross operating margin -€23,733
down €23,733 (-33.3%), from €71,348 to €47,614
- Financial charges +€4,236
up €4,236 (+10.9%), from €38,900 to €43,136
- Other operating charges +€2,498
up €2,498 (+372%), from €672 to €3,171
- Depreciation +€1,756
up €1,756 (+4.8%), from €36,675 to €38,431
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 | €1,200,992 | €1,060,386 | -€140,606 | -11.7% |
| Fixed assets | 21/28 | €902,775 | €932,645 | +€29,870 | +3.3% |
| Tangible fixed assets | 22/27 | €902,775 | €932,645 | +€29,870 | +3.3% |
| Land and buildings | 22 | €900,602 | €928,869 | +€28,267 | +3.1% |
| Plant, machinery and equipment | 23 | €1,580 | €1,078 | -€502 | -31.8% |
| Furniture and vehicles | 24 | €593 | €2,698 | +€2,105 | +355% |
| Current assets | 29/58 | €298,216 | €127,741 | -€170,476 | -57.2% |
| Amounts receivable within one year | 40/41 | €297,986 | €126,486 | -€171,501 | -57.6% |
| Trade receivables | 40 | €76,500 | €77,079 | +€579 | +0.8% |
| Other amounts receivable | 41 | €221,486 | €49,406 | -€172,080 | -77.7% |
| Cash at bank and in hand | 54/58 | €230 | €0 | -€230 | -100% |
| Deferred charges and accrued income | 490/1 | - | €1,255 | +€1,255 | |
| Total equity and liabilities | 10/49 | €1,200,992 | €1,060,386 | -€140,606 | -11.7% |
| Equity | 10/15 | €8,791 | -€28,330 | -€37,120 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €28,847 | €28,847 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,301 | €1,301 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,301 | €1,301 | = | 0.0% |
| Distributable reserves | 133 | €27,546 | €27,546 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,657 | -€75,777 | -€37,120 | -96.0% |
| Amounts payable | 17/49 | €1,192,201 | €1,088,716 | -€103,486 | -8.7% |
| Amounts payable after more than one year | 17 | €828,627 | €830,840 | +€2,213 | +0.3% |
| Financial debts | 170/4 | €828,627 | €830,840 | +€2,213 | +0.3% |
| Amounts payable within one year | 42/48 | €363,574 | €257,875 | -€105,699 | -29.1% |
| Current portion of amounts payable after more than one year | 42 | €48,102 | €55,400 | +€7,298 | +15.2% |
| Financial debts | 43 | - | €4,441 | +€4,441 | |
| Credit institutions | 430/8 | - | €4,441 | +€4,441 | |
| Trade debts | 44 | €23,974 | €107,309 | +€83,335 | +348% |
| Suppliers | 440/4 | €23,974 | €107,309 | +€83,335 | +348% |
| Advances received on contracts in progress | 46 | €80,465 | €0 | -€80,465 | -100% |
| Taxes, remuneration and social security | 45 | €1,579 | €109 | -€1,470 | -93.1% |
| Taxes | 450/3 | €1,579 | €109 | -€1,470 | -93.1% |
| Other amounts payable | 47/48 | €209,453 | €90,616 | -€118,837 | -56.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,675 | €38,431 | +€1,756 | +4.8% |
| Other operating charges | 640/8 | €672 | €3,171 | +€2,498 | +372% |
| Gross operating margin | 9900 | €71,348 | €47,614 | -€23,733 | -33.3% |
| Operating profit (loss) | 9901 | €34,000 | €6,013 | -€27,987 | -82.3% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €38,900 | €43,136 | +€4,236 | +10.9% |
| Recurring financial charges | 65 | €38,900 | €43,136 | +€4,236 | +10.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,899 | -€37,120 | -€32,221 | -658% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€4,899 | -€37,120 | -€32,221 | -658% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,899 | -€37,120 | -€32,221 | -658% |
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 17 October 2026 via checked.be.