Financials
- Fiscal year
- 2025
- Total assets
- €133,755
- Profit
- €40,057
- Solvency
- 80.4%
Total assets▲ 30.2%
Net result
20192025
1ST CHOICE
ActiveSummary
1ST CHOICE has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €107,508 and a net result of €40,057. Equity is growing by ~21.4% per year across the filed fiscal years. Its solvency ranks better than 85% of 32341 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Activity
Joinery installation
NACE 43320NACE 45422
1 site
Size
€133,755total assets 2025
- Equity
- €107,508
- Profit
- €40,057
Turnover not published (abridged schema)
Structure
Accounts 28 d early0 of 4 deeds read
Why 72- Size: total assets €133,755- 1 of the last 3 late- Sector Specialised construction activities (NACE 43)+ Founded in 2001Show the evidence
Checked score
Score 2025
72
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 76% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
100+8
equity 80.4% of total assets
Liquidity
46+9
short-term debt 19.6% · cash 1.6%
Profitability
100+9
return on assets 29.9%
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.1%highest value
12-2024: 1.1%▼ -0.8% vs 11-2024
01-2025: 1.1%▲ +0.7% vs 12-2024
02-2025: 1.1%▼ -2.4% vs 01-2025
03-2025: 1.0%▼ -5.8% vs 02-2025
04-2025: 0.9%▼ -14.0% vs 03-2025
05-2025: 0.9%● 0.0% vs 04-2025
06-2025: 0.9%● 0.0% vs 05-2025
07-2025: 0.9%● 0.0% vs 06-2025
08-2025: 0.9%● 0.0% vs 07-2025
09-2025: 0.9%● 0.0% vs 08-2025
10-2025: 0.9%▼ -0.7% vs 09-2025
11-2025: 0.8%▼ -2.1% vs 10-2025
12-2025: 0.8%▼ -1.4% vs 11-2025
01-2026: 0.9%▲ +2.5% vs 12-2025
02-2026: 0.8%▼ -2.5% vs 01-2026
03-2026: 0.8%▼ -1.0% vs 02-2026
04-2026: 1.0%▲ +22.9% vs 03-2026
05-2026: 0.6%▼ -41.7% vs 04-2026
06-2026: 0.6%● 0.0% vs 05-2026
07-2026: 0.6%● 0.0% vs 06-2026
08-2026: 0.6%● 0.0% vs 07-2026
09-2026: 0.6%● 0.0% vs 08-2026
10-2026: 0.6%▼ -1.3% vs 09-2026lowest value
- Size: total assets €133,755 raises the probability for this profile
- Founded in 2001 lowers the probability for this profile
- 1 of the last 3 late raises the probability
- Sector Specialised construction activities (NACE 43) raises the probability
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 5.1 against 3.06 in 2024; short-term debt: 19.6% and cash: 1.6% of total assets), and 19.6% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 90%, liquidity 37%, profitability 93%, growth against the median 84%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 02-04-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
33 d early
2023
128 d late
2022
227 d late
2021
3 d early
2020
on the day
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 42 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 27 April (4 of the last 5 filed years within 132 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close03-10-2026 today30-04-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Highest result since 2019net €40,057 ▲82.7%
- Equity above €100,000Eq €107,508 ▲55.4%
Key points
By topic
Timeline
- Events
- 15
- Since
- 2017
- Next accounts
- by 30-04-2027
- 02-04-2026Annual accounts filed
- 30-09-2025Highest result since 2019
- 30-09-2025Equity above €100,000
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Joinery installationNACE 43320
- Founded
- 09-07-2001
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
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