Equity
TUI TECHNOLOGY has made a profit in every financial year since 2018.
TUI TECHNOLOGY has made a profit in every financial year since 2018.
The result rose in 2025 from €134,584 to €610,349.
Green is investment, beige is depreciation.
TUI TECHNOLOGY pays its suppliers 29 days later than in 2024. Customers pay 158 days later.
The last five annual accounts were filed 68 to 111 days before the end of the period.
More equity than 95% of companies in computer programming and consultancy. Sector median €432,608 · 1,691 companies.
The dashed line is the sector median: 0.1% across 206 companies (NACE 62, medium-sized).
About 1 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, medium-sized). It does better than 85% of them on solvency, 50% on liquidity, 79% on profitability and 23% on growth.
The bankruptcy probability was computed on 08-11-2026 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 30-09-2025.
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, 175 companies had the same profile as TUI TECHNOLOGY has now. Each dot is one company, two years later.
That fits the bankruptcy probability of TUI TECHNOLOGY itself: 0.1% within 12 months.
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 175 companies, not a prediction for TUI TECHNOLOGY. 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 2.94 (3.02 in 2024), above the usual 1.5. Short-term debt is 29.8% and cash 0.7% of total assets. 30% 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 7 accounts on average 75 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 | ||||
|---|---|---|---|---|
| TUI TECHNOLOGY Zaventem | €18.5m | 3.7% | 70.0% | 71.8 |
| INTIGRITI Antwerp | €30.1m | -5.7% | 7.1% | 47.9 |
| GuardSquare Leuven | €29.1m | 11.9% | 13.3% | 103.9 |
| MERKATOR Asse | €13.3m | 5.5% | 10.3% | 56.4 |
| NVISO Belgium Brussels | €31.5m | 0.7% | 4.0% | 101.5 |
| AXA GROUP OPERATIONS BELGIUM Brussels | €42.2m | 1.7% | 22.6% | 106 |
| Devoteam G Cloud BeLux Machelen (Brab.) | €13.5m | 19.4% | 23.6% | 57 |
Grey: the largest companies of the sector (computer programming and consultancy (NACE 62)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as TUI TECHNOLOGY: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €17m and €38m, founded between 2011 and 2019.
TUI TECHNOLOGY has existed since 2018. Turnover fell from €70.5m in 2023 to €23.5m in 2024.
TUI Belgium holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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