Tyger: what changed
Tyger
Largest movements
- Cash -€27,227
down €27,227 (-27.7%), from €98,160 to €70,933
mainly Contributions, distributions and other (-€145,000) and Other debts (-€18,916)
- Receivables within one year -€9,706
down €9,706 (-22.5%), from €43,042 to €33,336
of which Trade receivables: -€7,381
- Profit (loss) carried forward -€25,262
down €25,262 (-75.0%), from €33,680 to €8,417
- Other debts -€18,916
down €18,916 (-16.0%), from €118,100 to €99,184
- Tax, wage and social debts +€8,427
up €8,427 (+59.8%), from €14,089 to €22,516
of which Remuneration and social security: +€6,690
- Trade debts -€2,047
down €2,047 (-93.0%), from €2,202 to €155
- Gross operating margin +€22,575
up €22,575 (+15.2%), from €148,467 to €171,042
- Taxes +€4,241
up €4,241 (+12.6%), from €33,736 to €37,978
- Depreciation +€2,017
up €2,017 (+22.1%), from €9,112 to €11,129
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €180,070 | €142,272 | -€37,798 | -21.0% |
| Fixed assets | 21/28 | €38,869 | €38,003 | -€866 | -2.2% |
| Tangible fixed assets | 22/27 | €38,869 | €38,003 | -€866 | -2.2% |
| Plant, machinery and equipment | 23 | €979 | €618 | -€360 | -36.8% |
| Furniture and vehicles | 24 | €9,641 | €9,136 | -€506 | -5.2% |
| Assets under construction and advance payments | 27 | €28,249 | €28,249 | = | 0.0% |
| Current assets | 29/58 | €141,202 | €104,269 | -€36,933 | -26.2% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €43,042 | €33,336 | -€9,706 | -22.5% |
| Trade receivables | 40 | €35,695 | €28,314 | -€7,381 | -20.7% |
| Other amounts receivable | 41 | €7,347 | €5,022 | -€2,325 | -31.6% |
| Cash at bank and in hand | 54/58 | €98,160 | €70,933 | -€27,227 | -27.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €180,070 | €142,272 | -€37,798 | -21.0% |
| Equity | 10/15 | €45,680 | €20,417 | -€25,262 | -55.3% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,680 | €8,417 | -€25,262 | -75.0% |
| Amounts payable | 17/49 | €134,391 | €121,855 | -€12,536 | -9.3% |
| Amounts payable within one year | 42/48 | €134,391 | €121,855 | -€12,536 | -9.3% |
| Trade debts | 44 | €2,202 | €155 | -€2,047 | -93.0% |
| Suppliers | 440/4 | €2,202 | €155 | -€2,047 | -93.0% |
| Taxes, remuneration and social security | 45 | €14,089 | €22,516 | +€8,427 | +59.8% |
| Taxes | 450/3 | €14,089 | €15,826 | +€1,737 | +12.3% |
| Remuneration and social security | 454/9 | - | €6,690 | +€6,690 | |
| Other amounts payable | 47/48 | €118,100 | €99,184 | -€18,916 | -16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,112 | €11,129 | +€2,017 | +22.1% |
| Other operating charges | 640/8 | €2,281 | €2,099 | -€182 | -8.0% |
| Gross operating margin | 9900 | €148,467 | €171,042 | +€22,575 | +15.2% |
| Operating profit (loss) | 9901 | €137,074 | €157,815 | +€20,741 | +15.1% |
| Financial income | 75/76B | €354 | €0 | -€354 | -100.0% |
| Recurring financial income | 75 | €354 | €0 | -€354 | -100.0% |
| Financial charges | 65/66B | €573 | €100 | -€473 | -82.6% |
| Recurring financial charges | 65 | €573 | €100 | -€473 | -82.6% |
| Profit (loss) for the period before taxes | 9903 | €136,856 | €157,715 | +€20,860 | +15.2% |
| Income taxes | 67/77 | €33,736 | €37,978 | +€4,241 | +12.6% |
| Profit (loss) for the period | 9904 | €103,119 | €119,738 | +€16,618 | +16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €103,119 | €119,738 | +€16,618 | +16.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.