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UnifyTech

Active
Private limited companyfounded 2023active for 2 yearsRue Pisseroule 311, 4820 Dison, BelgiumKBO/BCE: BE 1002.133.625

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of UnifyTech is 4.1% (elevated). The 2024 annual accounts show equity of €73,806 and a net result of €71,665. Its solvency ranks better than 68% of 392 sector peers (NACE 61, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

Latest annual accounts filed

Annual accounts 2024

Download PDF
Financial year ended
31-12-2024
Filed on
30-07-2025
Format
micro format
Reference
2025-00344650
Turnover
≈ €330,000
Estimated: probably between €220,000 and €510,000
Total assets
€116,939
Net result
€71,665
Working capital
€32,565

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €116,939
Fixed assets €41,267
Current assets €75,672
Equity and liabilities €116,939
Equity €73,806
Debt €43,134
Debt finances 36.9% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€97,669
Cash flow
€81,725
Current ratio
1.76
Debt to equity
0.58
ROE
97.1%
ROA
61.3%
Interest coverage
over 100
Debt ≤ 1 year
€43,107
Income taxes
€15,881
Staff costs
€32,488

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% still going

For this company itself Checked computes a higher bankruptcy probability: 4.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 40 lines

Source: Annual accounts 2024 (PDF), filed with the National Bank on 30-07-2025.

Balance sheet Code2024
Assets
Total assets20/58€116,939
Fixed assets21/28€41,267
Tangible fixed assets22/27€41,267
Plant, machinery and equipment23€1,599
Furniture and vehicles24€39,668
Current assets29/58€75,672
Amounts receivable within one year40/41€66,209
Trade receivables40€66,209
Cash at bank and in hand54/58€5,595
Deferred charges and accrued income490/1€3,869
Equity and liabilities
Total equity and liabilities10/49€116,939
Equity10/15€73,806
Contributions10/11€3,000
Profit (loss) carried forward14€70,806
Amounts payable17/49€43,134
Amounts payable within one year42/48€43,107
Trade debts44€5,467
Suppliers440/4€5,467
Taxes, remuneration and social security45€24,925
Taxes450/3€17,778
Remuneration and social security454/9€7,147
Other amounts payable47/48€12,715
Accrued charges and deferred income492/3€27
Income statement Code2024
Remuneration, social security and pensions62€32,488
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,060
Other operating charges640/8€561
Non-recurring operating charges66A€1,043
Gross operating margin9900€131,761
Operating profit (loss)9901€87,609
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€63
Recurring financial charges65€63
Profit (loss) for the period before taxes9903€87,546
Income taxes67/77€15,881
Profit (loss) for the period9904€71,665
Profit (loss) for the period to be appropriated9905€71,665
Appropriation of the result
Profit (loss) to be appropriated9906€71,665
Profit to be distributed694/7€859
Return on contributions (dividend)694€859

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the filed accounts (PDF).

Line2024
Remuneration, social security and pensions62€32,488
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,060
Other operating charges640/8€561
Non-recurring operating charges66A€1,043
Gross operating margin9900€131,761
Operating profit (loss)9901€87,609
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€63
Recurring financial charges65€63
Profit (loss) for the period before taxes9903€87,546
Income taxes67/77€15,881
Profit (loss) for the period9904€71,665
Profit (loss) for the period to be appropriated9905€71,665
Line2024
Assets
Total assets20/58€116,939
Fixed assets21/28€41,267
Tangible fixed assets22/27€41,267
Plant, machinery and equipment23€1,599
Furniture and vehicles24€39,668
Current assets29/58€75,672
Amounts receivable within one year40/41€66,209
Trade receivables40€66,209
Cash at bank and in hand54/58€5,595
Deferred charges and accrued income490/1€3,869
Equity and liabilities
Total equity and liabilities10/49€116,939
Equity10/15€73,806
Contributions10/11€3,000
Profit (loss) carried forward14€70,806
Amounts payable17/49€43,134
Amounts payable within one year42/48€43,107
Trade debts44€5,467
Suppliers440/4€5,467
Taxes, remuneration and social security45€24,925
Taxes450/3€17,778
Remuneration and social security454/9€7,147
Other amounts payable47/48€12,715
Accrued charges and deferred income492/3€27
Line2024
Profit (loss) for the period9904€71,665
+ Depreciation and write-downs630€10,060
Operating cash flow (approximation)€81,725

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2024 micro format 30-07-2025 2025-00344650 PDF

Similar companies · same sector, comparable size

Of the 1,322 active companies whose main activity is wired, wireless and satellite telecommunications (NACE 61100), figures are known for 612. 412 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.