TYGRA: 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.
TYGRA
Largest movements
- Receivables within one year +€308,997
up €308,997 (+73.2%), from €422,077 to €731,074
of which Trade receivables: +€366,233
- Advances received +€188,721
up €188,721 (+231%), from €81,794 to €270,515
- Trade debts +€133,939
up €133,939 (+206%), from €65,144 to €199,083
- Debts after one year -€51,492
down €51,492 (-95.8%), from €53,740 to €2,248
- Reserves +€39,601
up €39,601 (+22.4%), from €176,395 to €215,996
- Gross operating margin +€46,373
up €46,373 (+35.3%), from €131,277 to €177,650
- Depreciation -€17,699
down €17,699 (-51.7%), from €34,225 to €16,526
- Staff costs +€15,015
up €15,015 (+16.9%), from €88,595 to €103,610
- Taxes +€14,290
up €14,290 (+2,912%), from €491 to €14,781
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.
Derived cash bridge
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 | €1,430,481 | €1,732,660 | +€302,180 | +21.1% |
| Fixed assets | 21/28 | €966,790 | €963,436 | -€3,354 | -0.3% |
| Tangible fixed assets | 22/27 | €23,658 | €20,304 | -€3,354 | -14.2% |
| Plant, machinery and equipment | 23 | €22,551 | €19,697 | -€2,854 | -12.7% |
| Other tangible fixed assets | 26 | €1,107 | €607 | -€500 | -45.2% |
| Financial fixed assets | 28 | €943,132 | €943,132 | = | 0.0% |
| Current assets | 29/58 | €463,691 | €769,225 | +€305,534 | +65.9% |
| Amounts receivable within one year | 40/41 | €422,077 | €731,074 | +€308,997 | +73.2% |
| Trade receivables | 40 | €107,021 | €473,255 | +€366,233 | +342% |
| Other amounts receivable | 41 | €315,055 | €257,819 | -€57,236 | -18.2% |
| Cash at bank and in hand | 54/58 | €41,614 | €38,151 | -€3,463 | -8.3% |
| Total equity and liabilities | 10/49 | €1,430,481 | €1,732,660 | +€302,180 | +21.1% |
| Equity | 10/15 | €1,152,187 | €1,191,788 | +€39,601 | +3.4% |
| Contributions | 10/11 | €975,792 | €975,792 | = | 0.0% |
| Reserves | 13 | €176,395 | €215,996 | +€39,601 | +22.4% |
| Distributable reserves | 133 | €176,395 | €215,996 | +€39,601 | +22.4% |
| Amounts payable | 17/49 | €278,294 | €540,873 | +€262,579 | +94.4% |
| Amounts payable after more than one year | 17 | €53,740 | €2,248 | -€51,492 | -95.8% |
| Financial debts | 170/4 | €53,740 | €2,248 | -€51,492 | -95.8% |
| Amounts payable within one year | 42/48 | €222,054 | €536,125 | +€314,071 | +141% |
| Current portion of amounts payable after more than one year | 42 | €36,446 | €26,492 | -€9,954 | -27.3% |
| Financial debts | 43 | €3,766 | €0 | -€3,766 | -100% |
| Credit institutions | 430/8 | €3,766 | €0 | -€3,766 | -100% |
| Trade debts | 44 | €65,144 | €199,083 | +€133,939 | +206% |
| Suppliers | 440/4 | €65,144 | €199,083 | +€133,939 | +206% |
| Advances received on contracts in progress | 46 | €81,794 | €270,515 | +€188,721 | +231% |
| Taxes, remuneration and social security | 45 | €34,904 | €40,035 | +€5,131 | +14.7% |
| Taxes | 450/3 | €20,535 | €24,783 | +€4,248 | +20.7% |
| Remuneration and social security | 454/9 | €14,369 | €15,252 | +€883 | +6.1% |
| Accrued charges and deferred income | 492/3 | €2,500 | €2,500 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €88,595 | €103,610 | +€15,015 | +16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,225 | €16,526 | -€17,699 | -51.7% |
| Other operating charges | 640/8 | €1,241 | €1,279 | +€38 | +3.1% |
| Gross operating margin | 9900 | €131,277 | €177,650 | +€46,373 | +35.3% |
| Operating profit (loss) | 9901 | €7,216 | €56,235 | +€49,019 | +679% |
| Financial income | 75/76B | €407 | €636 | +€229 | +56.2% |
| Recurring financial income | 75 | €407 | €636 | +€229 | +56.2% |
| Financial charges | 65/66B | €3,791 | €2,490 | -€1,301 | -34.3% |
| Recurring financial charges | 65 | €3,791 | €2,490 | -€1,301 | -34.3% |
| Profit (loss) for the period before taxes | 9903 | €3,833 | €54,382 | +€50,548 | +1,319% |
| Income taxes | 67/77 | €491 | €14,781 | +€14,290 | +2,912% |
| Profit (loss) for the period | 9904 | €3,342 | €39,601 | +€36,258 | +1,085% |
| Profit (loss) for the period to be appropriated | 9905 | €3,342 | €39,601 | +€36,258 | +1,085% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.