Financials
Financial year 2025
White Tee from Kortrijk, company number BE0688576868, closed financial year 2025 with a result of € 23,985 after tax. For that financial year White Tee recorded a gross margin of € 111,159 and equity of € 238,456. Compared with financial year 2024, the result moved from € 60,725 to € 23,985. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ 238,456
▼ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 23,985
▼ 61% vs 2024
Profit after tax over the fiscal year.
€ 46,610
▼ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 165,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 76,810
▼ 19% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 353,104
▲ 11% vs 2024
€ 54,582 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 4,834
▼ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 49,071
▲ € 42,938 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 205,592 | € 124,449 | € 138,446 | € 111,159 | ▼ 20% |
| Profit after taxes | € 147,829 | € 69,285 | € 60,725 | € 23,985 | ▼ 61% |
| Equity | € 736,460 | € 318,745 | € 379,471 | € 238,456 | ▼ 37% |
| Total debts | € 85,011 | € 383,427 | € 574,365 | € 531,867 | ▼ 7% |
| Cash | € 469,836 | € 78,486 | € 80,143 | € 46,610 | ▼ 42% |
| Retained profit | € 717,860 | € 300,145 | € 360,871 | € 219,856 | ▼ 39% |
| Dividend | € 0 | € 487,000 | € 0 | € 165,000 | |
| Bank debt | € 0 | € 342,703 | € 317,155 | € 353,104 | ▲ 11% |
| Balance sheet total | € 821,471 | € 702,172 | € 953,835 | € 770,323 | ▼ 19% |
Key figures of White Tee, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to White Tee?
What happened at White Tee in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 23,985 (▼ 61% vs 2024). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
- Yves THIERS became a director. NBB
In short
From € 147,829 profit in 2022 to € 23,985 profit in 2025.
Paid € 72,466 in corporate taxes since 2022.
Best year ever: 2022, with € 147,829 profit.
Paid out € 652,000 in dividends to the owners in total.
Management
Behind White Tee is Yves THIERS. It owns 33.3% of BARATTOLO SARL itself.
Directors
According to the 2025 annual accounts
Yves THIERS
Statutaire Bestuurder
Also active at: Legia Capital, Dust Extraction International Group, MBS MANAGEMENT
since 2018
Establishments
Establishment units
Physical locations of this company
Meiweg(Kor) 3
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0688.576.868
- VAT number
- BE 0688.576.868
- Registered office
- Meiweg(Kor) 3, 8500 Kortrijk
- Names & denominations
- White Tee
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 January 2018
- Peppol
- Active · Active since 28 Jul 2024
- Activities · NACE
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