Turnover
The micro format states no turnover.
The micro format states no turnover.
The last five annual accounts were filed 72 to 154 days before the end of the period.
Lower net result than 86% of companies in computer programming and consultancy. Sector median €28,568 · 21,214 companies.
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 59% of them on solvency, 15% on liquidity, 25% on profitability and 33% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 3,440 companies had the same profile as TRANSFERUNIQUE has now. Each dot stands for 9 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of TRANSFERUNIQUE itself is lower: 0.3% within 12 months. It rests on far more data about TRANSFERUNIQUE than the profile alone.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,440 companies, not a prediction for TRANSFERUNIQUE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 2.11 (2.75 in 2024), above the usual 1.5. Short-term debt is 33.8% and cash 1.7% of total assets. 33.8% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 6 accounts on average 113 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| TRANSFERUNIQUE Lummen | - | - | 66.2% | - |
| Factivity Edegem | €290,625 | -1.3% | 4.5% | - |
| SCIBILIS CONSULTING SERVICES Ixelles | €77,766 | 0.7% | 92.7% | - |
| IIVII Beersel | - | - | 26.4% | - |
| VULPIS RES Mechelen | - | - | 96.8% | - |
| CLICKETYCLICK Herselt | - | - | 28.3% | - |
| Dalka Huldenberg | - | - | -35.2% | - |
These companies have the same main activity as TRANSFERUNIQUE: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €58,400 and €92,900, founded between 2016 and 2020.
TRANSFERUNIQUE files the micro format. That format states no turnover. The gross margin rose from -€21,960 in 2020 to €2,197 in 2025.
InnoCoder holds 87% of the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €12,000. Estimated: probably between €5,700 and €23,000.
Higher than 57% of 21,208 companies in 2025.
Higher than 45% of 20,571 companies in 2025.
Higher than 13% of 20,746 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
78,795 | 71,336 | 54,244 | 62,193 | 52,703 | 60,594 | |
21/28 |
22,599 | 28,249 | 33,899 | 39,548 | 45,948 | 51,598 | |
22/27 |
22,599 | 28,249 | 33,899 | 39,548 | 45,198 | 50,848 | |
23 |
22,599 | 28,249 | 33,899 | 39,548 | 45,198 | 50,848 | |
28 |
- | - | - | - | 750 | 750 | |
29/58 |
56,196 | 43,087 | 20,345 | 22,645 | 6,754 | 8,996 | |
40/41 |
54,838 | 42,878 | 20,136 | 21,751 | 4,998 | 6,662 | |
40 |
54,838 | 42,354 | 19,854 | 21,354 | 4,866 | 4,648 | |
41 |
- | 524 | 282 | 397 | 132 | 2,013 | |
54/58 |
1,358 | 209 | 209 | 894 | 1,756 | 2,335 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
78,795 | 71,336 | 54,244 | 62,193 | 52,703 | 60,594 | |
10/15 |
52,127 | 55,652 | 41,117 | 49,200 | -3,086 | 12,226 | |
10/11 |
40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | |
10 |
- | - | - | 40,000 | - | - | |
100 |
- | - | - | 40,000 | 40,000 | - | |
14 |
12,127 | 15,652 | 1,117 | 9,200 | -43,086 | -27,774 | |
17/49 |
26,668 | 15,684 | 13,127 | 12,993 | 55,789 | 48,368 | |
42/48 |
26,668 | 15,684 | 13,127 | 12,993 | 55,789 | 48,368 | |
44 |
- | 1,515 | - | 5,598 | 5,238 | 3,412 | |
440/4 |
- | 1,515 | - | 5,598 | 5,238 | 3,412 | |
45 |
18,682 | 1,042 | - | - | - | - | |
450/3 |
18,682 | 1,042 | - | - | - | - | |
47/48 |
7,985 | 13,127 | 13,127 | 7,395 | 50,550 | 44,956 | |
| Income statement | |||||||
9900 |
2,197 | 21,227 | -2,362 | 58,083 | -9,482 | -21,960 | |
630 |
5,650 | 5,650 | 5,650 | 5,650 | 5,650 | 5,650 | |
640/8 |
- | - | - | 102 | 101 | 62 | |
9901 |
-3,453 | 15,577 | -8,011 | 52,332 | -15,233 | -27,672 | |
65/66B |
72 | - | 72 | 45 | 79 | 102 | |
65 |
72 | - | 72 | 45 | 79 | 102 | |
9903 |
-3,525 | 15,577 | -8,083 | 52,287 | -15,312 | -27,774 | |
67/77 |
- | 1,042 | - | - | - | - | |
9904 |
-3,525 | 14,535 | -8,083 | 52,287 | -15,312 | -27,774 | |
9905 |
-3,525 | 14,535 | -8,083 | 52,287 | -15,312 | -27,774 | |
| Appropriation of the result | |||||||
9906 |
12,127 | 15,652 | 1,117 | 9,200 | -43,086 | -27,774 | |
14P |
15,652 | 1,117 | 9,200 | -43,086 | - | - | |
| Document | |||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 07-04-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 07-04-2026 | 2026-00073144 | |
| 31-12-2024 | micro format | 20-05-2025 | 2025-00098864 | |
| 31-12-2023 | micro format | 28-02-2024 | 2024-00035523 | |
| 31-12-2022 | micro format | 13-03-2023 | 2023-00038557 | |
| 31-12-2021 | micro format | 16-03-2022 | 2022-07700518 | |
| 31-12-2020 | micro format | 31-05-2021 | 2021-16100025 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 2,197 | 21,227 | -2,362 | 57,981 | -9,583 | -22,022 | ||
| 2,125 | 20,185 | -2,434 | 57,936 | -9,663 | -22,124 | ||
| 0 | 0 | 0 | -750 | 0 | 57,248 | ||
| 1,149 | 0 | -685 | -862 | -579 | - | ||
| 29,528 | 27,403 | 7,218 | 9,652 | -49,034 | -39,372 | ||
| 66.2% | 78.0% | 75.8% | 79.1% | -5.9% | 20.2% | ||
| 2.11 | 2.75 | 1.55 | 1.74 | 0.12 | 0.19 | ||
| 0.51 | 0.28 | 0.32 | 0.26 | - | 3.96 | ||
| -6.8% | 26.1% | -19.7% | 106.3% | - | -227.2% | ||
| -4.5% | 20.4% | -14.9% | 84.1% | -29.1% | -45.8% | ||
| 30.51 | - | -32.80 | over 100 | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2025 is a loss of €3,453, after a profit of €15,577 in 2024.
Debt's share of the balance-sheet total rises from 22.0% to 33.8%. Equity is lower and debt is higher.
Source: lists of holdings in the owners' accounts
Source: list of holdings in the 2022 accounts of InnoCoder. Every holding stands with its own latest accounts.
| InnoCoder
registered office since 09-10-2012 · founded in 2012 |
total assets €710,929 (2025) 0849.435.631 |
| Migliorini, Julie (sole trader)
establishment since 04-02-2022 |
founded in 2022 0781.785.455 |
| Strato Group via CASTRONOVO Alessandro Giovanni, at TRANSFERUNIQUE until 2020 · Director (not named in the articles) · deed of 30-01-2024 founded in 2019 · accounts filed late |
total assets €56,887 (2024) |
| VAAS Assets via CASTRONOVO Alessandro Giovanni, at TRANSFERUNIQUE until 2020 · Director (not named in the articles) · deed of 30-01-2024 founded in 2018 |
total assets €15.3m (2025) |
| MOMENTUM 11 via Romagnoli Fabio, no longer at MOMENTUM 11 · Manager · deed of 25-04-2018 founded in 2012 |
total assets €246,055 (2025) |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
TRANSFERUNIQUE was incorporated on 5 April 2019.1 The registered office moved to Geel in 2020 and to Lummen in 2022.23 The name was changed to TRANSFERUNIQUE in 2023.4 ROMAGNOLI Fabio is manager of the company, appointed by deed of 09-04-2019.5 Total assets rose from €60,594 in 2020 to €78,795 in 2025.6
| Establishment | Since | Unit number |
|---|---|---|
| TRANSFERANTIQUE registered office Thiewinkelstraat 173, 3560 Lummen | 11-04-2019 | 2.287.855.856 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 71542D2167/00E004 | 536 m² | 1 · 127 m² | 5.5 m |
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