Tunet
ActiveSummary
Tunet has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €590k and a net result of €7k. Equity is growing by ~52.5% per year across the filed fiscal years. Its solvency ranks better than 60% of 7777 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-31
Solvency78▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 2.06 against 1.97 in 2024; short-term debt: 47.3% and cash: 18.4% of total assets), and 47.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
52.7%
Return on assets
0.6%
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
28 d late
2023
106 d late
2022
on the day
2021
57 d late
2020
422 d late
2019
788 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€590k▲ 1.1%
2024 · €583k
2019: €-163k
2020: €119k
2021: €133k
2022: €221k
2023: €227k
2024: €583k
2019 → 2025
Total assets
€1.12M▼ 2.0%
2024 · €1.14M
2019: €751k
2020: €933k
2021: €891k
2022: €1.04M
2023: €832k
2024: €1.14M
2019 → 2025
Net result
€7k▼ 98.2%
2024 · €356k
2019: €-202k
2020: €282k
2021: €14k
2022: €88k
2023: €6k
2024: €356k
2019 → 2025
Working capital
€559k▲ 2.8%
2024 · €544k
2019: €-104k
2020: €76k
2021: €106k
2022: €167k
2023: €177k
2024: €544k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€133k-€221k▲ 66.3%€227k▲ 2.8%€583k▲ 157%€590k▲ 1.1%
Operating result€38k-€125k▲ 224%€87k▼ 30.2%€381k▲ 338%€118k▼ 69.1%
Net result€14k-€88k▲ 544%€6k▼ 93.1%€356k▲ 5,750%€7k▼ 98.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 69% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.12M
Fixed assets
€31k ▼ 21.4%
Current assets
€1.09M ▼ 1.3%
Equity and liabilities €1.12M
Equity
€590k ▲ 1.1%
Debt
€529k ▼ 5.2%
Debt's share of the balance-sheet total falls from 48.9% to 47.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€131k▼
2024 · €395k
Cash flow
€19k▼
2024 · €370k
Current ratio
2.06▲
2024 · 1.97
Quick ratio
1.92▲
2024 · 1.79
Debt to equity
0.90▼
2024 · 0.96
ROE
1.1%▼
2024 · 61.1%
ROA
0.6%▼
2024 · 31.2%
Interest coverage
15.46▼
2024 · 20.05
Debt ≤ 1 year
€529k▼
2024 · €558k
Income taxes
€103k▲
2024 · €5k
Staff costs
€398k▼
2024 · €404k
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.14M€1.12M▼
Fixed assets21/28€39k€31k▼
Tangible fixed assets22/27€23k€15k▼
Land and buildings22€8k€5k▼
Plant, machinery and equipment23€7k€6k▼
Furniture and vehicles24€8k€4k▼
Financial fixed assets28€16k€16k=
Current assets29/58€1.10M€1.09M▼
Stocks and contracts in progress3€103k€73k▼
Stocks30/36€103k€73k▼
Amounts receivable within one year40/41€909k€810k▼
Trade receivables40€909k€762k▼
Other amounts receivable41€0€48k▲
Cash at bank and in hand54/58€90k€206k▲
Equity and liabilities
Total equity and liabilities10/49€1.14M€1.12M▼
Equity10/15€583k€590k▲
Contributions10/11€20k€20k=
Reserves13€146k€146k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€144k€144k=
Profit (loss) carried forward14€417k€424k▲
Amounts payable17/49€558k€529k▼
Amounts payable within one year42/48€558k€529k▼
Current portion of amounts payable after more than one year42€10k€10k=
Trade debts44€420k€432k▲
Suppliers440/4€420k€432k▲
Taxes, remuneration and social security45€76k€88k▲
Taxes450/3€25k€24k▼
Remuneration and social security454/9€51k€63k▲
Other amounts payable47/48€52k-
Income statement
Code20242025
Non-recurring operating income76A-€6k
Remuneration, social security and pensions62€404k€398k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€13k▼
Other operating charges640/8€4k€3k▼
Gross operating margin9900€803k€531k▼
Operating profit (loss)9901€381k€118k▼
Financial charges65/66B€20k€8k▼
Recurring financial charges65€20k€8k▼
Profit (loss) for the period before taxes9903€361k€109k▼
Income taxes67/77€5k€103k▲
Profit (loss) for the period9904€356k€7k▼
Profit (loss) for the period to be appropriated9905€356k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€417k€424k▲
Profit (loss) brought forward from the previous period14P€61k€417k▲
Social balance
Average headcount (FTE)90876.06.0=
The notes to these accounts (10 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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
30-06
Financial
Highest result since 2019net €356k ▲5,750%
Operating result €381k, net result €356k, both a record.
30-06
Financial
Equity above €500kEq €583k ▲157%
5 profitable years in a row build equity to €583k.
16-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 106 days late
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Equity above €200kEq €221k ▲66.3%
3 profitable years in a row build equity to €221k.
29-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 57 days late
29-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 422 days late
29-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 788 days late
2020
30-06
Financial
Back to profitnet €282k
Net result €282k after one loss-making year.
30-06
Financial
Equity above €100kEq €119k
Equity rises from €-163k to €119k.
Show earlier events
2019
15-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 288 days late
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
09-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Maldegem · 1 establishment unit since 2011
Ground area
3,304 m²
Building footprint
1,554 m²
Volume, LiDAR
3,295 m³
Parcel 43001H0451/00L003, Flanders · tallest building 17.7 m. Linked by address, not a title deed.
1 establishment unit
Tunet
since 20112.197.960.810
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43001H0451/00L003 | Flanders | 3,304 m² | 1 · 1,554 m² | 17.7 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
E&S SCHILDERWERKEN
BE 0898.163.382
Beringen · Eq €589,212
SCHILDERWERKEN DESMEDT ANDY
BE 0839.753.843
Knokke-Heist · Eq €588,480
NOVOBEL
BE 0726.559.494
Namur · Eq €588,218
JAN REYNTJENS SCHILDERWERKEN
BE 0864.203.880
Roeselare · Eq €586,776
CALLANT LUC DECORATIETEAM
BE 0836.883.435
Knokke-Heist · Eq €586,340
Of 7,861 companies in sector 43341 we hold annual accounts for 2,663. 1,364 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 formPrivate limited company (pre-2019)
Founded15-03-2011
Fiscal year end30-06
Activities, NACEBEL 2025
43341Painting of buildings
43342Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.