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TUI TECHNOLOGY

Active Public limited companyfounded 2018active for 8 yearsLuchthaven Brussel Nationaal 40P, 1930 ZaventemKBO/BCE: BE 0692.803.197 subsidiary of TUI Belgium
Part of the group TUI AG 14 companies in 7 countries
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Lifetime

8 annual accounts with figures on one time axis
peak €70.5m (2023)
€18.5m▼ 21.2%
peak €3.2m (2020)
€610,349▲ 354%
peak €22.1m (2025)
€22.1m▲ 2.8%
€9.5m▲ 30.3%
peak 71.8 FTE (2025)
71.8 FTE▲ 3.3%
Board8 names since 2018
2 directorsCAEKEBEKE KRISTOF and 1 other
Owners3 names in the annual accounts
100%TUI Belgium and 1 other
Documentsfilings and deeds
09-01-2026111 days before the deadline
2025financial year
Turnover from €23.5m to €18.5mResult from €134,584 to €610,3492 directors appointed, 1 resignation 24-03Debts from €7.3m to €9.5mCash from €76,850 to €223,524

Key points

from the 2025 annual accounts

Equity

€22.1m ▲ 2.8%

TUI TECHNOLOGY has made a profit in every financial year since 2018.

Result

€610,349 ▲ 354%
€135,0002024€610,0002025

The result rose in 2025 from €134,584 to €610,349.

Investments

€440,682 0.1 × depreciation
2022202320242025

Green is investment, beige is depreciation.

Payment terms

98 days to suppliers
Suppliers
69 to 98
Customers
86 to 244

TUI TECHNOLOGY pays its suppliers 29 days later than in 2024. Customers pay 158 days later.

Filings

8 annual accounts since 2018
deadline20202025

The last five annual accounts were filed 68 to 111 days before the end of the period.

Position in the sector

€22.1m

More equity than 95% of companies in computer programming and consultancy. Sector median €432,608 · 1,691 companies.

Checked score

93
Excellent
Financially stronger than 59% of medium-sized companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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).

Last 24 months 12-2024: 0.2% 01-2025: 0.3%▲ +0.1 percentage points vs 12-2024highest value 02-2025: 0.2%▼ -0.1 percentage points vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.1%▼ -0.1 percentage points vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

95-5equity 70.0% of total assets
38-3short-term debt 29.8% · cash 0.7%
81+4return on assets 1.9%

Score breakdown

raises risk
Liquidity: current ratio 2.94, cash €223,524
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Figures for financial year 2025 (filed on 15-01-2026)
Size: turnover €18.5m, 71.8 FTE, total assets €31.5m
Calculation

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).

Comparable companies, two years later

In July 2024, 175 companies had the same profile as TUI TECHNOLOGY has now. Each dot is one company, two years later.

95.4%
were still trading
4.6%
stopped another way
0.0%
went bankrupt
  • Medium-sized
  • 5 to 10 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

That fits the bankruptcy probability of TUI TECHNOLOGY itself: 0.1% within 12 months.

Test of the method

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.

The companies in ten equal groups, from the lowest to the highest expected share
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.

Credit verdict

Credit of up to €1,850,000 on 30-day terms is acceptable

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.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 2.94, cash €223,524
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Figures for financial year 2025 (filed on 15-01-2026)
NBB · annual accounts
lowers risk · Size: turnover €18.5m, 71.8 FTE, total assets €31.5m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 filings
Deviation from the deadline
2025
111 days early
2024
111 days early
2023
99 days early
2022
82 days early
2021
68 days early
2020
31 days early
2019
26 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

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.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 22 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end09-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

CK
CAEKEBEKE KRISTOF
Director, since 13-12-2024
DC
Director
DB
Auditor, Tom Windelen
Board & ownership

Recent changes

2 directors appointed, 1 resignation Appointments: Kristof Van Caeckebeke and Dirk Coppens · Resignation: WIVABE SERVICES BV · Permanent representative: Wim Van Besien · General meeting of 12-12-2025 · Gazette deed
Resignation: ELIE BRUYNINCKX CONSULTING BV (director) Permanent representative: Elie Bruyninckx · General meeting of 30-09-2024 · Gazette deed
Reappointment: Deloitte Bedrijfsrevisoren BV (statutory auditor) Resignation: Frank Rosenberger (director) · General meeting of 09-01-2023 · Gazette deed
Amendment of the articles General meeting of 23-12-2021 · Gazette deed
All 21 events

Comparable companies

same main activity, similar in size and age
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
-10%0%10%20%€20m€200m€2bnTUI TECHNOLOGYEBIT margin

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.

Official details

Source: KBO
Status
Active since 22-03-2018Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 30-09-2025
Establishment units
2.275.104.6131930 Zaventem, since 01-04-2018
2.275.105.2078400 Ostend, since 01-04-2018
Financial year end
30 September
Peppol
Reachable since 01-01-0001
Company details

Annual accounts to 30-09-2025

€41.8m▼ 1.8%
€31.5m▲ 9.8%
Employeeson 30-09-2025
74▼ 1.3%
Filing
Filed on 09-01-2026, 111 days before the end of the filing period
Financials

Insights on TUI TECHNOLOGY

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.

Key facts about TUI TECHNOLOGY

What is the company number of TUI TECHNOLOGY?
The company number of TUI TECHNOLOGY is 0692.803.197. The VAT number is the same number with BE in front: BE 0692.803.197.
Where is TUI TECHNOLOGY based?
The registered office is at Luchthaven Brussel Nationaal 40P, 1930 Zaventem.Company details
What does TUI TECHNOLOGY do?
According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of TUI TECHNOLOGY?
TUI TECHNOLOGY is a public limited company (NV).
When was TUI TECHNOLOGY founded?
TUI TECHNOLOGY was founded on 22-03-2018.
Is TUI TECHNOLOGY still active?
Yes, TUI TECHNOLOGY is an active enterprise in the KBO register.
How many employees does TUI TECHNOLOGY have?
TUI TECHNOLOGY had an average of 71.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does TUI TECHNOLOGY fall under?
In its 30-09-2025 annual accounts, TUI TECHNOLOGY states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of TUI TECHNOLOGY?
The turnover of TUI TECHNOLOGY was €18.5m in financial year 2025, according to the filed annual accounts.
Is TUI TECHNOLOGY profitable?
In financial year 2025, TUI TECHNOLOGY made a profit of €610,349.
Where can I find the annual accounts of TUI TECHNOLOGY?
TUI TECHNOLOGY filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TUI TECHNOLOGY due?
TUI TECHNOLOGY must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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