TIGVIN: 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.
TIGVIN
Largest movements
- Tangible fixed assets -€6,226
down €6,226 (-3.3%), from €188,505 to €182,279
of which Furniture and vehicles: -€4,000
- Cash +€5,973
up €5,973 (+31.7%), from €18,815 to €24,788
mainly Depreciation (+€8,256) and Other debts (+€7,245)
- Reserves -€8,639
down €8,639 (-5.1%), from €170,677 to €162,038
- Other debts +€7,245
up €7,245 (+860.9%), from €842 to €8,087
- Trade debts -€5,115
down €5,115 (-98.3%), from €5,205 to €90
- Tax, wage and social debts +€3,143
up €3,143 (+1441.5%), from €218 to €3,361
- Gross operating margin +€9,803
up €9,803 (+282.8%), from €3,467 to €13,270
- Depreciation +€951
up €951 (+13.0%), from €7,304 to €8,256
- Taxes +€143
up €143 (+65.7%), from €218 to €361
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €211,504 | €209,434 | -€2,069 | -1.0% |
| Fixed assets | 21/28 | €188,505 | €182,279 | -€6,226 | -3.3% |
| Tangible fixed assets | 22/27 | €188,505 | €182,279 | -€6,226 | -3.3% |
| Land and buildings | 22 | €176,024 | €173,799 | -€2,226 | -1.3% |
| Furniture and vehicles | 24 | €12,481 | €8,481 | -€4,000 | -32.0% |
| Current assets | 29/58 | €22,998 | €27,155 | +€4,157 | +18.1% |
| Amounts receivable within one year | 40/41 | €3,559 | €1,742 | -€1,816 | -51.0% |
| Trade receivables | 40 | €3,559 | €1,742 | -€1,816 | -51.0% |
| Cash at bank and in hand | 54/58 | €18,815 | €24,788 | +€5,973 | +31.7% |
| Deferred charges and accrued income | 490/1 | €625 | €625 | = | 0.0% |
| Total equity and liabilities | 10/49 | €211,504 | €209,434 | -€2,069 | -1.0% |
| Equity | 10/15 | €205,239 | €196,600 | -€8,639 | -4.2% |
| Contributions | 10/11 | €34,562 | €34,562 | = | 0.0% |
| Reserves | 13 | €170,677 | €162,038 | -€8,639 | -5.1% |
| Distributable reserves | 133 | €170,677 | €162,038 | -€8,639 | -5.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €6,265 | €12,834 | +€6,570 | +104.9% |
| Amounts payable within one year | 42/48 | €6,265 | €11,539 | +€5,274 | +84.2% |
| Trade debts | 44 | €5,205 | €90 | -€5,115 | -98.3% |
| Suppliers | 440/4 | €5,205 | €90 | -€5,115 | -98.3% |
| Taxes, remuneration and social security | 45 | €218 | €3,361 | +€3,143 | +1441.5% |
| Taxes | 450/3 | €218 | €3,361 | +€3,143 | +1441.5% |
| Other amounts payable | 47/48 | €842 | €8,087 | +€7,245 | +860.9% |
| Accrued charges and deferred income | 492/3 | - | €1,296 | +€1,296 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,304 | €8,256 | +€951 | +13.0% |
| Other operating charges | 640/8 | €3,011 | €3,104 | +€93 | +3.1% |
| Gross operating margin | 9900 | €3,467 | €13,270 | +€9,803 | +282.8% |
| Operating profit (loss) | 9901 | -€6,849 | €1,910 | +€8,759 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €127 | €188 | +€60 | +47.3% |
| Recurring financial charges | 65 | €127 | €188 | +€60 | +47.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,976 | €1,723 | +€8,699 | |
| Income taxes | 67/77 | €218 | €361 | +€143 | +65.7% |
| Profit (loss) for the period | 9904 | -€7,194 | €1,361 | +€8,556 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,194 | €1,361 | +€8,556 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.