Financials
Financial year 2025
Worth noting
- Little cash and receivables against the short-term debts.
Gross margin
€ 180,246
▲ 34% vs 2024
Profit
Growing€ 141,622
▲ 36% vs 2024
Debts
Low€ 195,941
▲ 357% vs 2024
Ten Thousand Hours from Ieper, company number BE0803371816, closed financial year 2025 with a result of € 141,622 after tax. For that financial year Ten Thousand Hours recorded a gross margin of € 180,246 and equity of € 137,836. Compared with financial year 2024, the result moved from € 104,372 to € 141,622. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 1, 2026.
What happened at Ten Thousand Hours?
What happened at Ten Thousand Hours in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 141,622 (▲ 36% vs 2024). Source: NBB ↗
- New establishment in Ieper. KBO
- Simon Denys became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 28,464 profit in 2023 to € 141,622 profit in 2025.
Paid € 79,025 in corporate taxes since 2023.
Best year ever: 2025, with € 141,622 profit.
Paid out € 141,622 in dividends to the owners in total.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
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Management
Behind Ten Thousand Hours is Simon Denys. Simon Denys is also behind OCULAR.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Oude Houtmarktstraat 13
8900 Ieper
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0803.371.816
- VAT number
- BE 0803.371.816
- Registered office
- Oude Houtmarktstraat 13, 8900 Ieper
- Names & denominations
- Ten Thousand Hours
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 2023
- Peppol
- Active · Active since 3 Jul 2025
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