TUNITY
ActiveSummary
TUNITY has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €814,338 and a net result of €101,666. Equity has been growing by about 3.6% per year since 2019. Its solvency ranks better than 55% of 358 sector peers (NACE 18, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 23-04-2018 Normal situation
- Registered office
- 69 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 3 November 2026.
- Activity
- Pre-press and pre-media services NACE 18130and 6 others
- Establishment unit
- 2.283.723.854 2440 Geel, since 14-01-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 23-01-2025
Board and ownership
- INNOCODER BVDirector · since 23-04-2018
- Migliorini JulieDirector · since 04-12-2020
- InnoCoder75%· score 942022 annual accounts of InnoCoder
- Holdings
- Shares in 2 companies TREEPACK and Social Ctrl
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €1.1m
- ▲ 21.4%
- Turnover
- ≈ €2.0m
- estimated
- Profit
- €101,666
- ▲ 18.1%
- Equity
- €814,338
- ▲ 12.7%
- Total assets
- €1.7m
- ▲ 39.3%
Score breakdownraises riskSector: Printing and reproduction of recorded media (NACE 18)lowers riskSize: total assets €1.7mFigures for financial year 2025 (filed on 10-06-2026)Liquidity: current ratio 1.71, cash €350,846Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 18, micro). It does better than 49% of them on solvency, 57% on liquidity, 58% on profitability and 67% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 62 days before the deadline. In the sector (NACE 18), the median for financial year 2024 was 5 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 08-06-2026 PDF all 7 filings
Every figure per financial year
The operating result for 2025 is 16% higher than in 2024 and the highest since 2021. It is the fourth rise in a row.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 17 | 13 | 15 | 12 |
| full-time | 15 | 12 | 12 | 11 |
| part-time | 2 | 1 | 3 | 1 |
| in full-time equivalents | 16.5 | 12.6 | 13.8 | 11.6 |
| Average over the year, in full-time equivalents | 13.7 | 15.4 | 11.9 | 13.3 |
| On a permanent contract | 17 | 13 | 14 | 12 |
| Joined | 14 | 8 | 21 | 7 |
| Left | 8 | 12 | 19 | 10 |
Source: social balance sheet in the 2021 to 2024 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €35,905 | €11,131 | €175,411 | €27,760 | €144,372 |
| Intangible fixed assets | €5,000 | €13,404 | €9,033 | €1,413 | €115,000 |
| Financial fixed assets | - | - | €4,762 | €110,369 | €200,334 |
| Depreciation and write-downs of the year | €74,500 | €69,963 | €88,706 | €83,801 | €112,637 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2025 · 7 entries · €13,093 awarded · €10,405 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 2 | €6,304 | €3,616 |
| 2024 | 2 | €5,302 | €5,302 |
| 2023 | 1 | €581 | €581 |
| 2022 | 2 | €906 | €906 |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0.01m | €0.02m | €0 | - | - |
| Remuneration, social security and pensions62 | - | - | €0.7m | €0.8m | €0.6m | €0.7m | €0.8m | ▲ 23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.06m | €0.06m | €0.07m | €0.07m | €0.09m | €0.08m | €0.1m | ▲ 34.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €0.02m | €0.02m | €0.006m | ▼ 66.5% |
| Other operating charges640/8 | - | - | €0.005m | €0.005m | €0.006m | €0.006m | €0.009m | ▲ 42.9% |
| Non-recurring operating charges66A | - | - | €0.003m | €0 | - | €0.001m | €0 | ▼ 100% |
| Gross operating margin9900 | €0.5m | €0.6m | €0.8m | €0.9m | €0.8m | €0.9m | €1.1m | ▲ 21.4% |
| Operating profit (loss)9901 | €0.01m | €0.03m | €0.03m | €0.04m | €0.04m | €0.1m | €0.2m | ▲ 16.1% |
| Financial income75/76B | - | - | €83 | €0.003m | €77 | €1 | €0.003m | ▲ 3,508× |
| Recurring financial income75 | €0.001m | €16 | €83 | €0.003m | €77 | €1 | €0.003m | ▲ 3,508× |
| Financial charges65/66B | - | - | €0.002m | €0.01m | €0.01m | €0.01m | €0.03m | ▲ 77.1% |
| Recurring financial charges65 | €0.006m | €0.001m | €0.002m | €0.01m | €0.01m | €0.01m | €0.03m | ▲ 77.1% |
| Profit (loss) for the period before taxes9903 | €0.01m | €0.03m | €0.03m | €0.03m | €0.03m | €0.1m | €0.1m | ▲ 11.3% |
| Income taxes67/77 | €0.008m | €0.01m | €0.02m | €0.02m | €0.02m | €0.05m | €0.05m | ▼ 0.9% |
| Profit (loss) for the period9904 | €0.003m | €0.01m | €0.009m | €0.003m | €0.01m | €0.09m | €0.1m | ▲ 18.1% |
| Profit (loss) for the period to be appropriated9905 | €0.003m | €0.01m | €0.009m | €0.003m | €0.01m | €0.09m | €0.1m | ▲ 18.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.7m | €0.9m | €0.9m | €1.0m | €1.2m | €1.2m | €1.7m | ▲ 39.3% |
| Fixed assets21/28 | €0.4m | €0.4m | €0.4m | €0.3m | €0.4m | €0.4m | €0.8m | ▲ 84.0% |
| Intangible fixed assets21 | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | €0.1m | €0.2m | ▲ 44.5% |
| Tangible fixed assets22/27 | €0.03m | €0.05m | €0.06m | €0.04m | €0.1m | €0.1m | €0.2m | ▲ 75.2% |
| Plant, machinery and equipment23 | - | - | €0.04m | €0.02m | €0.01m | €0.01m | €0.02m | ▲ 78.8% |
| Furniture and vehicles24 | - | - | €0.03m | €0.01m | €0.02m | €0.01m | €0.008m | ▼ 18.2% |
| Leasing and similar rights25 | - | - | - | - | €0.1m | €0.09m | €0.2m | ▲ 85.0% |
| Financial fixed assets28 | €0.002m | €0.07m | €0.07m | €0.05m | €0.05m | €0.2m | €0.4m | ▲ 124% |
| Current assets29/58 | €0.3m | €0.4m | €0.5m | €0.7m | €0.8m | €0.8m | €0.9m | ▲ 16.6% |
| Amounts receivable within one year40/41 | €0.3m | €0.4m | €0.4m | €0.5m | €0.8m | €0.5m | €0.6m | ▲ 9.9% |
| Trade receivables40 | - | - | €0.4m | €0.5m | €0.7m | €0.5m | €0.6m | ▲ 9.4% |
| Other amounts receivable41 | - | - | €0.001m | €0.001m | €0.01m | €0.003m | €0.006m | ▲ 96.5% |
| Cash at bank and in hand54/58 | €0.06m | €0.06m | €0.07m | €0.1m | €0.02m | €0.3m | €0.4m | ▲ 33.8% |
| Deferred charges and accrued income490/1 | - | - | €0.03m | €0.05m | €0.008m | €0.03m | €0.02m | ▼ 17.7% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.7m | €0.9m | €0.9m | €1.0m | €1.2m | €1.2m | €1.7m | ▲ 39.3% |
| Equity10/15 | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.7m | €0.8m | ▲ 12.7% |
| Contributions10/11 | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Capital10 | - | - | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Issued capital100 | - | - | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Reserves13 | €0.003m | €0.02m | €0.03m | €0.03m | €0.04m | €0.1m | €0.2m | ▲ 77.0% |
| Non-distributable reserves130/1 | - | - | €0.004m | €0.004m | €0.005m | €0.01m | €0.02m | ▲ 100% |
| Legal reserve130 | - | - | €0.004m | €0.004m | €0.005m | €0.01m | €0.02m | ▲ 100% |
| Distributable reserves133 | - | - | €0.02m | €0.02m | €0.04m | €0.1m | €0.2m | ▲ 74.9% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €0.09m | €0.2m | €0.3m | €0.4m | €0.5m | €0.5m | €0.9m | ▲ 77.7% |
| Amounts payable after more than one year17 | - | - | - | - | €0.07m | €0.06m | €0.3m | ▲ 420% |
| Financial debts170/4 | - | - | - | - | €0.07m | €0.06m | €0.3m | ▲ 420% |
| Amounts payable within one year42/48 | €0.09m | €0.2m | €0.3m | €0.4m | €0.4m | €0.4m | €0.6m | ▲ 42.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €0.03m | €0.03m | €0.1m | ▲ 248% |
| Financial debts43 | - | - | €0.02m | €0.1m | €0.1m | €0.1m | €0.09m | ▼ 5.6% |
| Credit institutions430/8 | - | - | €0.02m | €0.1m | €0.1m | €0.1m | €0.09m | ▼ 5.6% |
| Trade debts44 | €0.04m | €0.1m | €0.1m | €0.1m | €0.2m | €0.09m | €0.1m | ▲ 59.6% |
| Suppliers440/4 | - | - | €0.1m | €0.1m | €0.2m | €0.09m | €0.1m | ▲ 59.6% |
| Taxes, remuneration and social security45 | - | - | €0.1m | €0.1m | €0.1m | €0.09m | €0.1m | ▲ 50.1% |
| Taxes450/3 | - | - | €0.1m | €0.1m | €0.1m | €0.08m | €0.1m | ▲ 45.8% |
| Remuneration and social security454/9 | - | - | - | - | €0.005m | €0.008m | €0.02m | ▲ 96.5% |
| Other amounts payable47/48 | - | - | €0.03m | €0.03m | €0.03m | €0.08m | €0.07m | ▼ 7.3% |
| Accrued charges and deferred income492/3 | - | - | €0.001m | €0.002m | €0.004m | €0.05m | €0.03m | ▼ 53.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,525 | €14,606 | €8,560 | €2,963 | €14,434 | €86,100 | €101,666 | ▲ 18.1% |
| + Depreciation and write-downs630 | €56,044 | €61,153 | €74,500 | €69,963 | €88,706 | €83,801 | €112,637 | ▲ 34.4% |
| Operating cash flow (approximation) | €58,569 | €75,758 | €83,060 | €72,926 | €103,140 | €169,901 | €214,304 | ▲ 26.1% |
| Investment in fixed assets (approximation) | - | -€133,458 | -€40,055 | €15,512 | -€154,260 | -€126,795 | -€459,706 | ▼ 263% |
| Change in cash | - | €5,282 | €10,131 | €50,958 | -€99,534 | €238,458 | €88,686 | ▼ 62.8% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,782 companies had the same profile as TUNITY has now. Two years later, 96.7% were still going and 0.6% had gone bankrupt.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of TUNITY itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 6,782 companies, not a prediction for TUNITY. 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.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 08-06-2026 | 2026-00147858 | |
| 31-12-2024 | abbreviated format | 04-04-2025 | 2025-00064904 | |
| 31-12-2023 | abbreviated format | 17-06-2024 | 2024-00139599 | |
| 31-12-2022 | abbreviated format | 05-06-2023 | 2023-00110332 | |
| 31-12-2021 | abbreviated format | 02-06-2022 | 2022-20043304 | |
| 31-12-2020 | abbreviated format | 15-06-2021 | 2021-19600475 | |
| 31-12-2019 | abbreviated format | 05-06-2020 | 2020-14600532 |
Board & ownership
Directors
Owners and capital
Shareholders
1 ownerChain of control
- InnoCoder
- TUNITY
Owners 1
- InnoCoderparentSourceaccounts InnoCoder 2022Equity €336,999 Profit of €97,308 in 2025 (profit of €101,281 in 2024) Checked score 9475%
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| INNOCODER BV |
|
| Migliorini Julie |
|
Network & group
Holdings and subsidiaries
2 holdingsHoldings 2
Source for every holding own accounts 2022
- TREEPACKsubsidiaryEquity €47,471 Profit of €114,783 in 2025 (profit of €51,806 in 2024) Checked score 70100%
- Equity €23,789 Profit of €2,770 in 2025 (profit of €1,425 in 2024) Checked score 8650%
Companies at the same address
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- Fry Transport Registered office · since 2025 1026085497
- Connecting Care Professionals Registered office · since 2025 1020120294
- SalesCap Registered office · since 2024 1016127161
- GEO@Turnhout Registered office · since 2024 1013203404
- Primatch België Registered office · since 2023 1001004168
- WEB Belgium Registered office · since 2023 1000710002
Connections & network
2 current directorsThe network starts from the directors of TUNITY. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13376G0389/00P000 | Flanders | 1.1 ha | 1 · 3,240 m² | 5.8 m · 2 |