TUI TECHNOLOGY
ActiveSummary
TUI TECHNOLOGY has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22.06M and a net result of €610k. Equity is growing by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 80% of 1416 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+4
Solvency95▼-5
Growth35=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.7M at 30 days acceptable
Liquidity ample (current ratio 2.94 against 3.02 in 2024; short-term debt: 29.8% and cash: 0.7% of total assets), and 30% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
70%
Return on assets
1.9%
Age of the figures
12 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 09-01-2026, 111 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
111 d early
2024
111 d early
2023
99 d early
2022
82 d early
2021
68 d early
2020
31 d early
2019
26 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€18.52M▼ 21.2%
2024 · €23.50M
2018: €55.22M
2019: €57.11M
2020: €66.00M
2021: €52.32M
2022: €64.76M
2023: €70.47M
2024: €23.50M
2018 → 2025
EBIT margin
3.7%▲ 3.3pp
2024 · 0.4%
2018: 4.9%
2019: 4.7%
2020: 7.1%
2021: 4.5%
2022: 0.7%
2023: 1.2%
2024: 0.4%
2018 → 2025
Net result
€610k▲ 354%
2024 · €135k
2018: €2.91M
2019: €2.36M
2020: €3.18M
2021: €1.46M
2022: €176k
2023: €238k
2024: €135k
2018 → 2025
Working capital
€18.28M▲ 25.0%
2024 · €14.62M
2018: €-18.04M
2019: €-37.20M
2020: €561k
2021: €5.48M
2022: €9.47M
2023: €11.40M
2024: €14.62M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€52.32M-€64.76M▲ 23.8%€70.47M▲ 8.8%€23.50M▼ 66.7%€18.52M▼ 21.2%
Equity€20.90M-€21.07M▲ 0.8%€21.31M▲ 1.1%€21.45M▲ 0.6%€22.06M▲ 2.8%
Operating result€2.36M-€483k▼ 79.5%€829k▲ 71.7%€93k▼ 88.8%€679k▲ 632%
Net result€1.46M-€176k▼ 87.9%€238k▲ 35.0%€135k▼ 43.4%€610k▲ 354%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 632% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €31.52M
Fixed assets
€3.84M ▼ 43.7%
Current assets
€27.68M ▲ 26.5%
Equity and liabilities €31.52M
Equity
€22.06M ▲ 2.8%
Provisions
€8k =
Debt
€9.45M ▲ 30.3%
Debt's share of the balance-sheet total rises from 25.3% to 30.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€4.10M▼
2024 · €4.17M
Cash flow
€4.04M▼
2024 · €4.21M
Current ratio
2.94▼
2024 · 3.02
Debt to equity
0.43▲
2024 · 0.34
ROE
2.8%▲
2024 · 0.6%
ROA
1.9%▲
2024 · 0.5%
Interest coverage
35.28▼
2024 · 42027.04
Debt ≤ 1 year
€9.40M▲
2024 · €7.25M
Income taxes
€266k▲
2024 · €64k
Staff costs
€8.75M▲
2024 · €7.49M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 66 lines
Balance sheet
Code20242025
Assets
Total assets20/58€28.71M€31.52M▲
Fixed assets21/28€6.83M€3.84M▼
Intangible fixed assets21€4.50M€2.37M▼
Tangible fixed assets22/27€2.33M€1.47M▼
Furniture and vehicles24€1.89M€1.47M▼
Assets under construction and advance payments27€442k€2k▼
Financial fixed assets28€0-
Other financial fixed assets284/8€0-
Amounts receivable and cash guarantees285/8€0-
Current assets29/58€21.88M€27.68M▲
Amounts receivable within one year40/41€20.60M€26.40M▲
Trade receivables40€5.51M€12.39M▲
Other amounts receivable41€15.09M€14.01M▼
Cash at bank and in hand54/58€77k€224k▲
Deferred charges and accrued income490/1€1.21M€1.05M▼
Equity and liabilities
Total equity and liabilities10/49€28.71M€31.52M▲
Equity10/15€21.45M€22.06M▲
Contributions10/11€10.99M€10.99M=
Capital10€10.99M€10.99M=
Issued capital100€10.99M€10.99M=
Reserves13€522k€553k▲
Non-distributable reserves130/1€522k€553k▲
Legal reserve130€522k€553k▲
Profit (loss) carried forward14€9.94M€10.52M▲
Provisions and deferred taxes16€8k€8k=
Provisions for liabilities and charges160/5€8k€8k=
Pensions and similar obligations160€8k€8k=
Amounts payable17/49€7.25M€9.45M▲
Amounts payable within one year42/48€7.25M€9.40M▲
Trade debts44€5.60M€7.66M▲
Suppliers440/4€5.60M€7.66M▲
Taxes, remuneration and social security45€1.65M€1.73M▲
Taxes450/3€189k€257k▲
Remuneration and social security454/9€1.46M€1.48M▲
Accrued charges and deferred income492/3€0€55k▲
Income statement
Code20242025
Operating income70/76A€42.56M€41.79M▼
Turnover70€23.50M€18.52M▼
Own construction capitalised72€45k€70k▲
Other operating income74€19.02M€23.19M▲
Operating charges60/66A€42.47M€41.11M▼
Services and other goods61€29.76M€28.49M▼
Remuneration, social security and pensions62€7.49M€8.75M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4.08M€3.43M▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€0-
Other operating charges640/8€5k€47k▲
Non-recurring operating charges66A€1.14M€396k▼
Operating profit (loss)9901€93k€679k▲
Financial income75/76B€242k€314k▲
Recurring financial income75€242k€314k▲
Income from financial fixed assets750€197k€258k▲
Other financial income752/9€45k€56k▲
Financial charges65/66B€136k€116k▼
Recurring financial charges65€136k€116k▼
Debt charges650€99-
Other financial charges652/9€136k€116k▼
Profit (loss) for the period before taxes9903€199k€877k▲
Income taxes67/77€64k€266k▲
Taxes670/3€84k€266k▲
Tax adjustments and reversals of tax provisions77€20k-
Profit (loss) for the period9904€135k€610k▲
Profit (loss) for the period to be appropriated9905€135k€610k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9.94M€10.55M▲
Profit (loss) brought forward from the previous period14P€9.81M€9.94M▲
Transfer to equity691/2€7k€31k▲
To the legal reserve6920€7k€31k▲
Social balance
Average headcount (FTE)908769.571.8▲
The notes to these accounts (55 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
09-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-09
Financial
Weakest financial yearnet €135k ▼43.4%
Net result drops to €135k, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity doublescurrent ratio 3.02
Current ratio from 1.33 to 3.02; short-term debt falls from €34.04M to €7.25M.
22-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
07-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
21-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-09
Financial
Highest result since 2018net €3.18M ▲34.8%
Operating result €4.66M, net result €3.18M, both a record.
30-09
Financial
Liquidity doublescurrent ratio 1.01
Current ratio from 0.49 to 1.01.
04-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zaventem · 2 establishment units since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Luchthaven Brussel Nationaal 40P1930 ZaventemGround area
2.1 ha
Building footprint
1.3 ha
Volume, LiDAR
285,843 m³
2 parcels, Flanders · tallest building 30.6 m, ±8 floors. Linked by address, not a title deed.
2 establishment units
TUI TECHNOLOGY
since 20182.275.104.613
Gistelsesteenweg 1, 8400 Oostende
since 20182.275.105.207
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094A0072/00G000 | Flanders | 1.4 ha | 1 · 1.0 ha | 30.6 m · 8 fl. |
| 35383C0191/00L000 | Flanders | 6,549 m² | 1 · 3,078 m² | 23.4 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
1 parent companyControl over this companyparent company per the LEI register1
TUI AG
Hannover, Germany
controls
TUI TECHNOLOGYBE 0692.803.197
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,185 EUR awarded · 2,185 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,185 EUR | 2,185 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Legal Entity Identifier
213800Y98U37SI3UHD12
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Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 420 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded22-03-2018
Fiscal year end30-09
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.