TIGREVILLE: 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.
TIGREVILLE
Largest movements
- Receivables within one year -€57,154
down €57,154 (-79.4%), from €71,943 to €14,789
- Stocks and contracts -€48,746
down €48,746 (-21.7%), from €224,133 to €175,388
- Financial fixed assets +€43,000
new in 2025: €43,000
- Cash -€29,035
down €29,035 (-99.9%), from €29,059 to €24
mainly Tax, wage and social debts (-€77,884) and Investment in fixed assets (net) (-€40,468)
- Tangible fixed assets -€16,055
down €16,055 (-37.7%), from €42,602 to €26,547
of which Furniture and vehicles: -€11,773
- Tax, wage and social debts -€77,884
down €77,884 (-65.8%), from €118,358 to €40,473
of which Remuneration and social security: -€43,322
- Debts after one year -€19,631
down €19,631 (-91.8%), from €21,389 to €1,758
- Profit (loss) carried forward -€14,717
down €14,717 (-8.4%), from €175,672 to €160,955
- Trade debts -€13,125
down €13,125 (-72.0%), from €18,239 to €5,114
- Short-term financial debts +€12,551
new in 2025: €12,551
- Gross operating margin -€119,710
down €119,710 (-53.4%), from €224,119 to €104,408
- Staff costs -€75,007
down €75,007 (-52.0%), from €144,163 to €69,156
- Taxes +€11,602
up €11,602 (+71.6%), from €16,202 to €27,804
- Other operating charges -€7,892
down €7,892 (-85.2%), from €9,265 to €1,374
- Depreciation -€6,011
down €6,011 (-28.4%), from €21,148 to €15,138
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 | €371,719 | €260,675 | -€111,044 | -29.9% |
| Fixed assets | 21/28 | €44,521 | €69,852 | +€25,330 | +56.9% |
| Intangible fixed assets | 21 | €1,919 | €304 | -€1,615 | -84.1% |
| Tangible fixed assets | 22/27 | €42,602 | €26,547 | -€16,055 | -37.7% |
| Land and buildings | 22 | €15,232 | €11,273 | -€3,960 | -26.0% |
| Plant, machinery and equipment | 23 | €437 | €115 | -€322 | -73.7% |
| Furniture and vehicles | 24 | €26,933 | €15,160 | -€11,773 | -43.7% |
| Financial fixed assets | 28 | - | €43,000 | +€43,000 | |
| Current assets | 29/58 | €327,198 | €190,823 | -€136,375 | -41.7% |
| Stocks and contracts in progress | 3 | €224,133 | €175,388 | -€48,746 | -21.7% |
| Stocks | 30/36 | €224,133 | €175,388 | -€48,746 | -21.7% |
| Amounts receivable within one year | 40/41 | €71,943 | €14,789 | -€57,154 | -79.4% |
| Trade receivables | 40 | €71,943 | €14,789 | -€57,154 | -79.4% |
| Cash at bank and in hand | 54/58 | €29,059 | €24 | -€29,035 | -99.9% |
| Deferred charges and accrued income | 490/1 | €2,063 | €622 | -€1,440 | -69.8% |
| Total equity and liabilities | 10/49 | €371,719 | €260,675 | -€111,044 | -29.9% |
| Equity | 10/15 | €183,732 | €169,015 | -€14,717 | -8.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €175,672 | €160,955 | -€14,717 | -8.4% |
| Amounts payable | 17/49 | €187,988 | €91,660 | -€96,328 | -51.2% |
| Amounts payable after more than one year | 17 | €21,389 | €1,758 | -€19,631 | -91.8% |
| Financial debts | 170/4 | €21,389 | €1,758 | -€19,631 | -91.8% |
| Amounts payable within one year | 42/48 | €166,044 | €89,886 | -€76,158 | -45.9% |
| Current portion of amounts payable after more than one year | 42 | €21,330 | €19,631 | -€1,700 | -8.0% |
| Financial debts | 43 | - | €12,551 | +€12,551 | |
| Credit institutions | 430/8 | - | €12,551 | +€12,551 | |
| Trade debts | 44 | €18,239 | €5,114 | -€13,125 | -72.0% |
| Suppliers | 440/4 | €18,239 | €5,114 | -€13,125 | -72.0% |
| Taxes, remuneration and social security | 45 | €118,358 | €40,473 | -€77,884 | -65.8% |
| Taxes | 450/3 | €71,007 | €36,444 | -€34,563 | -48.7% |
| Remuneration and social security | 454/9 | €47,351 | €4,029 | -€43,322 | -91.5% |
| Other amounts payable | 47/48 | €8,117 | €12,117 | +€4,000 | +49.3% |
| Accrued charges and deferred income | 492/3 | €554 | €16 | -€539 | -97.2% |
| Remuneration, social security and pensions | 62 | €144,163 | €69,156 | -€75,007 | -52.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,148 | €15,138 | -€6,011 | -28.4% |
| Other operating charges | 640/8 | €9,265 | €1,374 | -€7,892 | -85.2% |
| Non-recurring operating charges | 66A | - | €3,950 | +€3,950 | |
| Gross operating margin | 9900 | €224,119 | €104,408 | -€119,710 | -53.4% |
| Operating profit (loss) | 9901 | €49,542 | €14,791 | -€34,750 | -70.1% |
| Financial income | 75/76B | €90 | €24 | -€65 | -72.9% |
| Recurring financial income | 75 | €90 | €24 | -€65 | -72.9% |
| Financial charges | 65/66B | €3,115 | €1,729 | -€1,386 | -44.5% |
| Recurring financial charges | 65 | €3,115 | €1,729 | -€1,386 | -44.5% |
| Profit (loss) for the period before taxes | 9903 | €46,516 | €13,087 | -€33,429 | -71.9% |
| Income taxes | 67/77 | €16,202 | €27,804 | +€11,602 | +71.6% |
| Profit (loss) for the period | 9904 | €30,315 | -€14,717 | -€45,031 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,315 | -€14,717 | -€45,031 |
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.