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MODEL ENGINEERING

Active Public limited companyfounded 1994active for 32 yearsHeuvelstraat 104, 2620 HemiksemKBO/BCE: BE 0453.307.328 #7 oldest company in Hemiksem, Professional and technical services sector
MODEL ENGINEERING
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Overview

Lifetime

18 annual accounts with figures on one time axis, 24 filings since 1995
peak €134,051 (2009)
-€12,453▼ €3,779
lowest -€57,127 (2019)
-€22,297▼ €2,429
peak €437,632 (2017)
€179,498▼ 11.0%
€1,149▲ 420%
peak 1 FTE (2009)
-not published
Board1 name since 2023
1 director
Documentsfilings and deeds
14-07-202617 days before the deadline
2025abbreviated format
Gross margin from -€8,674 to -€12,453Loss of €22,297Debts from €221 to €1,149

Key points

from the 2025 annual accounts

Equity

€179,498 from €437,632 in 2017

Equity fell by 59% in 8 years.

Losses

-€262,208 in eight years
-18,1202018-57,1272019-49,0322020-39,5982021-36,2762022-19,8902023-19,8682024-22,2972025

Every financial year from 2018 to 2025 closed with a loss. 2019 was the heaviest.

Filings

24 annual accounts since 1995
AprilJune31 JulyOctober200020102020

The last five annual accounts were filed 8 to 20 days before the end of the period.

Turnover not published (abbreviated or micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 5,831 companies had the same profile as MODEL ENGINEERING has now. Each dot stands for 15 companies, two years later.

84.5%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the 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%

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 5,831 companies, not a prediction for MODEL ENGINEERING. 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.

Credit verdict

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0453307328
Change of role: , from director to sole director Director discharge: · General meeting of 20-11-2023 · Gazette deed
First establishment Heuvelstraat 104, Hemiksem
Incorporation published on 17-09-1994 · Gazette deed
All 35 events

Comparable companies

same main activity, similar in size and age
Company
MODEL ENGINEERING Hemiksem €180,647 -€12,453 99.4% -
B.C.B. Roosdaal €155,695 -€3,927 76.0% -
VDS - Services Asse €156,089 -€743 64.2% -
GUY FRANCESCHI CONSULT Ghent €148,131 -€2,330 97.0% -
BUSINESS en TECHNOLOGY CONSULTING Sint-Pieters-Leeuw €159,992 -€19,729 98.8% -
HEAT AND STEAM CONSULT Wetteren €204,980 -€6,205 100.0% -
Gentago Hoeilaart €189,138 -€13,180 91.8% -

These companies have the same main activity as MODEL ENGINEERING: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €148,000 and €205,000, founded between 1991 and 1999.

Official details

Source: KBO
Status
Active since 30-08-1994Normal situation
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 1 other
Establishment unit
2.068.385.1412620 Hemiksem, since 29-09-1994
Financial year end
31 December
Peppol
Reachable since 02-01-2026
Company details

Annual accounts 2025

-€12,453▼ 43.6%
€22,297▲ 12.2%
€179,498▼ 11.0%
€180,647▼ 10.6%
≈ 0.2 FTEestimated
Filing
Filed on 14-07-2026, 17 days before the end of the filing period
Financials

Insights on MODEL ENGINEERING

MODEL ENGINEERING files the abbreviated format. That format states no turnover. The gross margin fell from €132,675 in 2008 to -€12,453 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 14-07-2026, 17 days before the deadline
-€12,453
▼ €3,779
-€21,270
▲ €196
-
-
99.4%
▼ 0.5 percentage points
-
In the rankings #7 oldest company in Hemiksem, Professional and technical services sector

Money flows

no detail for 2025

Balance sheet

balance sheet total €180,647 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

99.4%

Higher than 95% of 2,566 companies in 2025.

-12.3%

Higher than 9% of 2,543 companies in 2025.

MODEL ENGINEERING Middle half of the sector 80% of the sector Abbreviated accounts in architecture and engineering (NACE 71)

Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017201620152014201320122011201020092008
Balance sheet: assets
20/58 180,647202,016221,664241,653279,025319,002367,913424,784439,901403,539358,941394,054380,284369,360338,788298,838323,137281,029
20 -----0--------00--
21/28 ----7703,2207,35018,14830,62535,65120,80420,92921,03220,39220,39720,61222,51124,641
21 ----7703,2207,35013,16020,65020,65020,65020,65920,57020,24119,72718,04117,67016,933
22/27 -------4,9889,97515,0011542704621516702,5714,8417,708
22 ---------------0--
23 ---------39154270462-6502,5504,8107,667
24 -------4,9889,97514,963---15120213141
26 ---------------0--
27 ---------------0--
28 ------------0000--
29/58 180,647202,016221,664241,653278,255315,782360,563406,637409,276367,888338,137373,125359,251348,968318,391278,225300,625256,388
29 ---------------0--
290 ---------------0--
291 ---------------0--
3 ---------------0--
30/36 ---------------0--
37 ---------------0--
40/41 11140373753146554323423,93723,70721,35210,8604,25916,48044,45721,27020,17954,74352,219
40 -------18,40023,49021,21010,4004,25916,17344,45721,27020,17954,70052,111
41 1114037375314655432345,537217142460-307--043108
50/53 ---------------0--
54/58 180,536201,613220,927241,122277,790315,239360,329382,700385,569346,536327,277368,866342,772304,511297,121258,046245,883204,169
490/1 ---------------0--
Balance sheet: equity and liabilities
10/49 180,647202,016221,664241,653279,025319,002367,913424,784439,901403,539358,941394,054380,284369,360338,788298,838323,137281,029
10/15 179,498201,795221,664241,554278,601318,198367,230424,357437,632401,698358,164392,737379,169368,275338,269294,516323,022280,529
10/11 61,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,973
10 61,97361,97361,97361,97361,973-------------
100 61,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,973
13 139,822159,690179,581215,857256,225305,257362,384380,504339,724296,191330,765317,195276,295276,295261,049261,048218,555135,208
130/1 6,1976,1976,1976,1976,1976,197------------
130 6,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,197
133 133,625153,493173,384209,660250,027299,060356,187374,307333,527289,994324,568310,998270,098270,098254,852254,851212,358129,010
14 -22,297-19,868-19,890-36,276-39,598-49,032-57,127-18,12035,93443,533-34,57413,56940,90030,00615,247-28,50542,49383,348
17/49 1,149221-994248046834272,2691,8417771,3171,1151,0855194,321115500
17 1,149-----------------
170/4 1,149-----------------
42/48 -221-994248046834272,2691,8417771,3171,1151,0855194,321115500
44 -221-9931174231411541,320185489782111-1,547115500
440/4 ---9931174231411541,320185489782111-1,547115500
441 -221----------------
45 ----3946306602865165215928283339745192,775--
450/3 ----3946306602865165215928283339745192,775--
47/48 --------1,600---------
Income statement
70 -2,00010,190-4,1252,550-43,990108,430113,19920,32078,15875,27189,037109,87796,586157,541156,035
76A ---------------0--
9900 -12,453-8,674-2,714-11,506-6,804-7,966-9,97231,00295,13297,0017,47254,52047,85161,52387,63665,687134,051132,675
60/61 12,453-12,904-10,92910,51610,612-13,29816,19812,84823,638--22,24130,89923,49023,360
62 8,00012,00018,00024,00030,00036,00036,00036,00042,00042,00042,00042,00042,00035,00042,00072,57156,41742,676
630 ---7702,4504,13010,79812,47813,42613,5038,5258,4268,3378,3848,6689,8229,6709,722
631/4 -----------8,400-8,400-8,400-8,400-8,400-7,583-7,200-7,200
635/8 ---------8,400-8,400----28,505---
640/8 8177927506906817606646526401,575648586578756578972538479
66A ---------------0--
9901 -21,270-21,466-21,464-36,966-39,934-48,856-57,434-18,12847,46648,323-35,30111,9085,33625,78316,285-10,09574,62686,998
75/76B -1,5981,574690337-30782811,2119116,3564,1804,2234,9623,7922,3001,349
75 ----337-307-2811,2119116,3564,1804,2234,9623,7922,3001,349
76B -1,5981,574690---8----------
65/66B 1,027----176---------0--
65 -----176---------0--
66B 1,027-----------------
9903 -22,297-19,868-19,890-36,276-39,598-49,032-57,127-18,12047,74749,533-34,39018,2649,51630,00621,247-6,30376,92688,348
67/77 --------10,2126,0001844,695-1,378-6,00022,20234,4345,000
9904 -22,297-19,868-19,890-36,276-39,598-49,032-57,127-18,12037,53443,533-34,57413,56910,89430,00615,247-28,50542,49383,348
9905 -22,297-19,868-19,890-36,276-39,598-49,032-57,127-18,12037,53443,533-34,57413,56910,89430,00615,247-28,50542,49383,348
Appropriation of the result
9906 -22,297-19,868-19,890-36,276-39,598-49,032-57,127-18,12037,53443,533-34,57413,56910,89430,00615,247-28,50542,49383,348
791/2 ------------30,006-----
691/2 ----------------0-
6921 ----------------0-
694/7 --------1,600---------
694 --------1,600---------
Social balance sheet
9087 ------------0000.910.4
Hours worked1013 ------------0001,573-798
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 6 older financial years (1995-2001) were filed as documents without figures as data, scans for example.

The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 14-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 14-07-2026 2026-00288897 PDF
31-12-2024 micro format 22-07-2025 2025-00292467 PDF
31-12-2023 micro format 23-07-2024 2024-00272540 PDF
31-12-2022 micro format 12-07-2023 2023-00228468 PDF
31-12-2021 micro format 11-07-2022 2022-20167875 PDF
31-12-2020 micro format 01-07-2021 2021-28100046 PDF
31-12-2019 micro format 06-07-2020 2020-26000060 PDF
31-12-2018 micro format 01-07-2019 2019-25100446 PDF
31-12-2017 micro format 20-07-2018 2018-34900474 PDF
31-12-2016 micro format 16-07-2017 2017-31300539 PDF
31-12-2015 abbreviated format 25-07-2016 2016-34300253 PDF
31-12-2014 abbreviated format 30-08-2015 2015-50300397 PDF
31-12-2013 abbreviated format 13-07-2014 2014-29400445 PDF
31-12-2012 abbreviated format 30-07-2013 2013-36100331 PDF
31-12-2011 abbreviated format 26-08-2012 2012-44600272 PDF
31-12-2010 abbreviated format 30-08-2011 2011-45900372 PDF
31-12-2009 abbreviated format 29-08-2010 2010-46100170 PDF
31-12-2008 abbreviated format 11-09-2009 2009-75400343 PDF
31-12-2001 abbreviated format 26-08-2002 2002-50004865 PDF
31-12-2000 abbreviated format 19-12-2001 2001-76801567 PDF
31-12-1999 abbreviated format 18-10-2000 2000-66203018 PDF
31-12-1998 abbreviated format 09-12-1999 1999-62502489 PDF
31-12-1997 abbreviated format 31-07-1998 1998-38103107 PDF
31-12-1995 abbreviated format 05-07-1996 1996-31700525 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017201620152014201320122011201020092008
----36,196-37,484-44,726-46,636-5,65160,89261,826-26,77620,33413,67334,16724,953-27384,29696,720
----35,506-37,148-44,902-46,329-5,64350,96057,036-26,04921,99519,23138,39023,915-18,68352,16293,069
---7703,2207,35013,16030,62529,05049,15429,33029,35529,37028,77629,06430,4340-
-21,077-19,314-20,195-36,668-37,449-45,090-22,371-2,86939,03319,259-41,58926,09438,2617,39039,07512,16341,714-
-201,795-241,554277,831314,978359,880406,210407,007366,047337,360371,808358,136347,882317,872273,904300,510255,888
--------41.2%43.8%42.7%-15.2%7.1%29.0%14.8%-10.5%47.4%55.8%
99.4%99.9%100.0%100.0%99.8%99.7%99.8%99.9%99.5%99.5%99.8%99.7%99.7%99.7%99.8%98.6%100.0%99.8%
---------------64.38--
0.010.00-0.000.000.000.000.000.010.000.000.000.000.000.000.010.000.00
-12.4%-9.8%-9.0%-15.0%-14.2%-15.4%-15.6%-4.3%8.6%10.8%-9.7%3.5%2.9%8.1%4.5%-9.7%13.2%29.7%
-12.3%-9.8%-9.0%-15.0%-14.2%-15.4%-15.5%-4.3%8.5%10.8%-9.6%3.4%2.9%8.1%4.5%-9.5%13.2%29.7%
-74 days26 days-41 days78 days-153 days79 days68 days187 days20 days78 days182 days71 days76 days127 days122 days
----1 day6 days1 day-4 days30 days5 days8 days---18 days2 days8 days

EBIT margin. Not meaningful: turnover is only a small part of operating income.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Intangible fixed assets---€770€3,220
---€770€2,450

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on MODEL ENGINEERING

The operating result for 2025 is a loss of €21,270, smaller than the loss of €21,466 in 2024.

Debt's share of the balance-sheet total rises from 0.1% to 0.6%. Equity is lower and debt is higher.

Board & ownership

Board

1 director, no change since 2023
Sole director
appointed by deed of 23-11-2023
earlier director, until 23-11-2023
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“De enige bestuurder bepaalt of zij alleen, dan wel gezamenlijk optreden. De gedelegeerden voor het dagelijks bestuur kunnen in het kader van…”
deed of 23-11-2023

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Sole director
BoardEarliermandate already running before its first mention
Mandates as a list
    • Sole director, appointed by deed of 23-11-2023, still in office
    • Director, until 23-11-2023

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Capital
€61,973
Shares
200
Contribution per share
€310
Equity per share
€897 in 2025
Source
2025 annual accounts

Articles of association

deed of 23-11-2023 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 20:00

Network & group

No group

MODEL ENGINEERING has no parent and no holdings in its annual accounts. is the only director. MODEL ENGINEERING shares no director with another company.

Timeline

Timeline

35 events since 1994

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBabbreviated format · 17 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0453307328
2025
Annual accounts 2024 filed PDFmicro format · 9 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 8 days before the deadline
2023
Change of role: , from director to sole directorDirector discharge: · General meeting of 20-11-20237 points ▸
  • General meeting, 20-11-2023
  • Capital, €61,973.38, 200 shares
  • Power of attorney,
  • Director discharge,
  • Registered office clause, Heuvelstraat 104, 2620 Hemiksem
  • Director resignation,
  • Director appointment, (sole director)
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFmicro format · 19 days before the deadline
2022
Liquidity more than triples current ratio 2440.94 The current ratio rises from 655.69 to 2440.94. Short-term debt falls from €424 to €99.
Annual accounts 2021 filed PDFmicro format · 20 days before the deadline
2021
Annual accounts 2020 filed PDFmicro format · 30 days before the deadline
2020
Annual accounts 2019 filed PDFmicro format · 25 days before the deadline
2019
Weakest financial year net -€57,127 The net result drops to -€57,127, the lowest from 2008 to 2025. It recovers the following year.
Annual accounts 2018 filed PDFmicro format · 30 days before the deadline
2018
Liquidity more than 5 times current ratio 951.80 The current ratio rises from 180.35 to 951.80. Short-term debt falls from €2,269 to €427.
Annual accounts 2017 filed PDFmicro format · 11 days before the deadline
2017
Annual accounts 2016 filed PDFmicro format · 15 days before the deadline
2016
Back to profit net €43,533 The net result is €43,533, after one loss-making year.
Annual accounts 2015 filed PDFabbreviated format · 6 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 30 days late
2014
Annual accounts 2013 filed PDFabbreviated format · 18 days before the deadline
2013
Annual accounts 2012 filed PDFabbreviated format · 1 day before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 26 days late
2011
Back to profit net €15,247 The net result is €15,247, after one loss-making year.
Liquidity more than 9 times current ratio 613.47 The current ratio rises from 64.38 to 613.47. Short-term debt falls from €4,321 to €519.
Annual accounts 2010 filed PDFabbreviated format · 30 days late
2010
Annual accounts 2009 filed PDFabbreviated format · 29 days late
2009
Liquidity more than 5 times current ratio 2604.85 The current ratio rises from 512.90 to 2604.85. Short-term debt falls from €500 to €115.
Annual accounts 2008 filed PDFabbreviated format · 42 days late
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
1999
Annual accounts 1998 filed PDFabbreviated format
1998
Annual accounts 1997 filed PDFabbreviated format
1996
Annual accounts 1995 filed PDFabbreviated format
1994
First establishment Heuvelstraat 104, Hemiksem
Incorporation published on 17-09-1994

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

MODEL ENGINEERING was incorporated on 30 August 1994.1 is sole director of the company, appointed by deed of 23-11-2023.2 Turnover fell from €43,990 in 2018 to €2,000 in 2024.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 23-11-2023
  3. 3National Bank, annual accounts 2018 and 2024

Company details

Identity

Enterprise number
0453.307.328
VAT number
BE 0453.307.328
Peppol ID
0208:0453307328
Other Peppol ID
9925:BE0453307328
Legal form
Public limited company
Status
Active, normal situation
Founded
30-08-1994
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 20:00
deed of 23-11-2023 (in Dutch)
Peppol
Reachable since 02-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
MODEL ENGINEERING in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 23-11-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 23-11-2023 (in Dutch)

Activities

NACEBEL 2025
71121 Engineering and related technical consultancy, excluding land surveyors main activity
28230 Manufacture of machinery and equipment not elsewhere classified
Codes under NACEBEL 2008
71121 Engineering activities main activity
28230 Manufacture of machinery and equipment not elsewhere classified
Codes under NACEBEL 2003
74203 main activity
30010
PurposeThe purpose describes the activities the company may carry out under its articles.
“1.-Milieu- en procestechniek; 2.-Ontwerp- en engineering; 3.-Bedrijfs- en procesautomatisering; Bureau voor nijverheidsstudiën; Uitbating…”
15 activities
  1. 1.-Milieu- en procestechniek;
  2. 2.-Ontwerp- en engineering;
  3. 3.-Bedrijfs- en procesautomatisering;
  4. Bureau voor nijverheidsstudiën;
  5. Uitbating van een kantoor voor mechanografische werken;
  6. Ontwerpbureau;
  7. Coördinatie van werken uitgevoerd door onderaannemers;
  8. Coördineren van technische en persoonsgebonden bijstand;
  9. Fabricage van materieel voor industriële electronica;
  10. Vervaardiging van opmetingstoestellen en van industriële meet- en controletoestellen;
  11. Vervaardiging van kantoormachines;
  12. Onderneming voor het installeren van pompstations en zuiveringsin-stallaties van water;
  13. Opvangen,zuiveren en bedelen van water,omvattende de behandeling van afvalwater;
  14. Groothandel in automaten;
  15. Kleinhandel in automatische toestellen;
deed of 23-11-2023 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Heuvelstraat 104 registered office 2620 Hemiksem 2110001 Manufacture of basic pharmaceutical products and pharmaceutical preparations 29-09-1994 2.068.385.141

Buildings and parcels at the address

Ground area
262 m²
Buildings
101 m²
Volume, LiDAR
713 m³
Tallest building
12.0 m
Buildings to scale, each on its own parcel
101 m², 12.0 m 101 m², 12.0 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
11018C0261/00A009262 m² 1 · 101 m² 12.0 m · 3

Contact

E-mail info@modelengineering.eu
Phone +32 3 877 29 08

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