Financials
Financial year 2025
Model-T from Ichtegem, company number BE0793327960, closed financial year 2025 with a result of € 67,332 after tax. For that financial year Model-T recorded a gross margin of € 89,352 and equity of € 156,556. Compared with financial year 2024, the result moved from € 29,592 to € 67,332. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 3, 2026.
€ 156,556
▲ 75% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 67,332
▲ 128% vs 2024
Profit after tax over the fiscal year.
€ 129,776
▲ 51% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 151,556.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 22,831
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1,640
▲ € 1,548 vs 2024
Loans from banks and other lenders, long and short.
€ 899
▲ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,472
▲ 70% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 77,926 | € 42,875 | € 89,352 | ▲ 108% |
| Profit after taxes | € 58,016 | € 29,592 | € 67,332 | ▲ 128% |
| Equity | € 61,350 | € 89,224 | € 156,556 | ▲ 75% |
| Total debts | € 19,677 | € 12,917 | € 21,054 | ▲ 63% |
| Cash | € 56,288 | € 86,164 | € 129,776 | ▲ 51% |
| Retained profit | € 56,350 | € 84,224 | € 151,556 | ▲ 80% |
| Dividend | € 1,666 | € 1,718 | € 0 | ▼ 100% |
| Bank debt | € 0 | € 92 | € 1,640 | ▲ € 1,548 |
| Balance sheet total | € 81,027 | € 102,140 | € 177,610 | ▲ 74% |
Key figures of Model-T, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Model-T?
What happened at Model-T in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 67,332 (▲ 128% vs 2024). Source: NBB ↗
- New establishment in Ichtegem. KBO
- THOMAS DEHAENE became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 58,016 profit in 2023 to € 67,332 profit in 2025.
Paid € 42,076 in corporate taxes since 2023.
Best year ever: 2025, with € 67,332 profit.
Paid out € 3,384 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
THOMAS DEHAENE
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Kortemarkstraat(Icht) 20/C
8480 Ichtegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0793.327.960
- VAT number
- BE 0793.327.960
- Registered office
- Kortemarkstraat(Icht) 20/C, 8480 Ichtegem
- Names & denominations
- Model-T
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 November 2022
- Peppol
- Active · Active since 26 Nov 2025
- Activities · NACE
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