TiGR: 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.
TiGR
Largest movements
- Tangible fixed assets -€11,319
down €11,319 (-22.6%), from €49,982 to €38,664
of which Furniture and vehicles: -€6,755
- Receivables within one year -€4,825
down €4,825 (-18.0%), from €26,818 to €21,993
of which Trade receivables: -€19,116
- Reserves -€84,000
down €84,000 (-74.3%), from €113,000 to €29,000
- Other debts +€51,000
new in 2025: €51,000
- Tax, wage and social debts +€12,411
up €12,411 (+156.4%), from €7,938 to €20,348
of which Taxes: +€9,161
- Trade debts +€3,573
up €3,573 (+128.6%), from €2,778 to €6,351
- Gross operating margin -€22,965
down €22,965 (-31.3%), from €73,322 to €50,357
- Taxes -€4,104
down €4,104 (-34.6%), from €11,853 to €7,749
- Depreciation -€1,177
down €1,177 (-7.0%), from €16,938 to €15,760
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 | €142,453 | €125,701 | -€16,752 | -11.8% |
| Fixed assets | 21/28 | €49,982 | €38,664 | -€11,319 | -22.6% |
| Tangible fixed assets | 22/27 | €49,982 | €38,664 | -€11,319 | -22.6% |
| Furniture and vehicles | 24 | €16,035 | €9,280 | -€6,755 | -42.1% |
| Other tangible fixed assets | 26 | €33,947 | €29,384 | -€4,564 | -13.4% |
| Current assets | 29/58 | €92,471 | €87,038 | -€5,433 | -5.9% |
| Amounts receivable within one year | 40/41 | €26,818 | €21,993 | -€4,825 | -18.0% |
| Trade receivables | 40 | €26,171 | €7,055 | -€19,116 | -73.0% |
| Other amounts receivable | 41 | €647 | €14,938 | +€14,291 | +2209.2% |
| Cash at bank and in hand | 54/58 | €48,596 | €48,496 | -€100 | -0.2% |
| Deferred charges and accrued income | 490/1 | €17,058 | €16,549 | -€508 | -3.0% |
| Total equity and liabilities | 10/49 | €142,453 | €125,701 | -€16,752 | -11.8% |
| Equity | 10/15 | €131,738 | €48,002 | -€83,736 | -63.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €113,000 | €29,000 | -€84,000 | -74.3% |
| Distributable reserves | 133 | €113,000 | €29,000 | -€84,000 | -74.3% |
| Profit (loss) carried forward | 14 | €138 | €402 | +€264 | +191.2% |
| Amounts payable | 17/49 | €10,715 | €77,699 | +€66,984 | +625.1% |
| Amounts payable within one year | 42/48 | €10,715 | €77,699 | +€66,984 | +625.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €2,778 | €6,351 | +€3,573 | +128.6% |
| Suppliers | 440/4 | €2,778 | €6,351 | +€3,573 | +128.6% |
| Taxes, remuneration and social security | 45 | €7,938 | €20,348 | +€12,411 | +156.4% |
| Taxes | 450/3 | €7,938 | €17,098 | +€9,161 | +115.4% |
| Remuneration and social security | 454/9 | €0 | €3,250 | +€3,250 | |
| Other amounts payable | 47/48 | - | €51,000 | +€51,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,938 | €15,760 | -€1,177 | -7.0% |
| Other operating charges | 640/8 | €516 | €536 | +€20 | +3.9% |
| Gross operating margin | 9900 | €73,322 | €50,357 | -€22,965 | -31.3% |
| Operating profit (loss) | 9901 | €55,868 | €34,061 | -€21,808 | -39.0% |
| Financial income | 75/76B | €9 | €159 | +€149 | +1578.4% |
| Recurring financial income | 75 | €9 | €159 | +€149 | +1578.4% |
| Financial charges | 65/66B | €222 | €206 | -€16 | -7.1% |
| Recurring financial charges | 65 | €222 | €206 | -€16 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €55,656 | €34,014 | -€21,642 | -38.9% |
| Income taxes | 67/77 | €11,853 | €7,749 | -€4,104 | -34.6% |
| Profit (loss) for the period | 9904 | €43,803 | €26,264 | -€17,539 | -40.0% |
| Profit (loss) for the period to be appropriated | 9905 | €43,803 | €26,264 | -€17,539 | -40.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.