First Clean
ActiveFirst Clean has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14k and a net result of €51k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 1199 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▼-20
Solvency27▼-12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.92 against 0.87 in 2024; short-term debt: 68% and cash: 3.7% of total assets), and 97.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
2.3%
Return on assets
8.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 1199 sector peers (2025).
NBB · sector comparisonPosition among 1199 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 9 filingsDeviation from the deadline
2025
4 d late
2024
17 d early
2023
on the day
2022
55 d early
2021
54 d early
2020
61 d early
2019
50 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€14k▼ 84.4%
2024 · €88k
2018: €11k
2019: €14k
2020: €56k
2021: €105k
2022: €145k
2023: €134k
2024: €88k
2018 → 2025
Total assets
€591k▼ 7.2%
2024 · €637k
2018: €216k
2019: €188k
2020: €240k
2021: €412k
2022: €416k
2023: €549k
2024: €637k
2018 → 2025
Net result
€51k▼ 83.3%
2024 · €304k
2018: €-20k
2019: €3k
2020: €41k
2021: €50k
2022: €40k
2023: €-11k
2024: €304k
2018 → 2025
Working capital
€-33k▲ 32.7%
2024 · €-49k
2018: €-51k
2019: €-5k
2020: €13k
2021: €6k
2022: €47k
2023: €22k
2024: €-49k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€105k-€145k▲ 37.9%€134k▼ 7.7%€88k▼ 34.4%€14k▼ 84.4%
Operating result€70k-€52k▼ 25.3%€21k▼ 58.9%€326k▲ 1,419%€78k▼ 76.2%
Net result€50k-€40k▼ 19.5%€-11k€304k€51k▼ 83.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 76% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €591k
Fixed assets
€222k▼ 28.4%
Current assets
€369k▲ 12.9%
Equity and liabilities €591k
Equity
€14k▼ 84.4%
Debt
€577k▲ 5.1%
The debt ratio rises from 86.2% to 97.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€139k▼
2024 · €383k
Cash flow
€112k▼
2024 · €360k
Solvency
2.3%▼
2024 · 13.8%
Current ratio
0.92▲
2024 · 0.87
Quick ratio
0.92▲
2024 · 0.87
Debt / equity
42.01▲
2024 · 6.24
ROE
370.3%▲
2024 · 345.7%
ROA
8.6%▼
2024 · 47.7%
Interest coverage
7.25▼
2024 · 25.36
Debt
€577k▲
2024 · €549k
Debt ≤ 1 year
€402k▲
2024 · €376k
Debt > 1 year
€175k▲
2024 · €173k
Income taxes
€15k▲
2024 · €13k
Staff costs
€779k▲
2024 · €709k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€637k€591k▼
Fixed assets21/28€310k€222k▼
Tangible fixed assets22/27€305k€222k▼
Plant, machinery and equipment23€72k€91k▲
Furniture and vehicles24€233k€131k▼
Financial fixed assets28€5k-
Current assets29/58€326k€369k▲
Amounts receivable within one year40/41€262k€336k▲
Trade receivables40€150k€156k▲
Other amounts receivable41€111k€180k▲
Cash at bank and in hand54/58€50k€22k▼
Deferred charges and accrued income490/1€15k€11k▼
Equity and liabilities
Total equity and liabilities10/49€637k€591k▼
Equity10/15€88k€14k▼
Contributions10/11€12k€12k=
Reserves13€75k€1k▼
Distributable reserves133€75k€1k▼
Amounts payable17/49€549k€577k▲
Amounts payable after more than one year17€173k€175k▲
Financial debts170/4€173k€175k▲
Amounts payable within one year42/48€376k€402k▲
Current portion of amounts payable after more than one year42€52k€67k▲
Financial debts43-€17k
Credit institutions430/8-€17k
Trade debts44€68k€30k▼
Suppliers440/4€68k€30k▼
Taxes, remuneration and social security45€107k€130k▲
Taxes450/3€33k€40k▲
Remuneration and social security454/9€74k€89k▲
Other amounts payable47/48€149k€159k▲
Income statement
Code20242025
Remuneration, social security and pensions62€709k€779k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56k€61k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€330-
Other operating charges640/8€3k€8k▲
Non-recurring operating charges66A€10k€34k▲
Gross operating margin9900€1.11M€960k▼
Operating profit (loss)9901€326k€78k▼
Financial income75/76B€6k€8k▲
Recurring financial income75€6k€8k▲
Financial charges65/66B€15k€19k▲
Recurring financial charges65€15k€19k▲
Profit (loss) for the period before taxes9903€317k€66k▼
Income taxes67/77€13k€15k▲
Profit (loss) for the period9904€304k€51k▼
Profit (loss) for the period to be appropriated9905€304k€51k▼
Appropriation of the result
Profit (loss) to be appropriated9906€304k€51k▼
Transfer from equity791/2€46k€74k▲
Profit to be distributed694/7€350k€125k▼
Directors or managers695€350k€125k▼
Social balance
Average headcount (FTE)908719.018.0▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 4 days late
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €304k
Net result €304k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €100kEq €105k ▲89.1%
3 profitable years in a row build equity to €105k.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
28-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hooglede · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Koolskampstraat 23a8830 HoogledeGround area
1,275 m²
Building footprint
175 m²
Volume, LiDAR
1,000 m³
Parcel 36005B0464/00B002, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
First Clean
since 20162.256.042.430
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36005B0464/00B002 | Flanders | 1,275 m² | 1 · 175 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 10,005 EUR awarded · 10,005 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 1,046 EUR | 1,046 EUR |
| 2024 | 1 | 2,332 EUR | 2,332 EUR |
| 2023 | 1 | 3,069 EUR | 3,069 EUR |
| 2022 | 1 | 3,558 EUR | 3,558 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Individueel Maatwerk
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Of 7,353 companies in sector 81210 we hold annual accounts for 2,734. 1,937 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-09-2016
Fiscal year end31-12
Activities, NACEBEL
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.