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First Clean

Active
Private limited companyfounded 2016active for 10 yearsKoolskampstraat 23a, 8830 Hooglede, BelgiumKBO/BCE: BE 0661.926.614
Summary

The computed 12-month bankruptcy probability of First Clean is 1.6% (moderate). The 2025 annual accounts show equity of €13,732 and a net result of €50,850. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 10% of 1,555 sector peers (NACE 81, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 02-09-2016 Normal situation
Activity
General cleaning of buildings NACE 81210and 1 other
Joint committee
121 Paritair Comité voor de schoonmaak · annual accounts 2022
Establishment unit
2.256.042.430 8830 Hooglede, since 02-09-2016
Financial year end
31 December
Peppol
Reachable since 22-10-2025

Board and ownership

Board
Shareholders

Financial position

62 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.6%
Annual accounts 2025
Gross margin
€960,051
▼ 13.1%
Turnover
≈ €1.9m
estimated
Profit
€50,850
▼ 83.3%
Equity
€13,732
▼ 84.4%
Total assets
€590,643
▼ 7.2%
Employees on 31-12-2025
18
▼ 5.3%
  • 2025 accounts filed 4 days after the deadline
Score breakdownraises riskEquity €13,732 (2.3% of total assets)Sector: Services to buildings and landscape activities (NACE 81)Size: 18 FTE, total assets €590,643Liquidity: current ratio 0.92, cash €21,937, halvedShow the evidence

Checked score

Score 2025
62 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 22% of small companies in building services and landscaping (NACE 81)
Financial strength · tick: 2024
Weak
Solvency 27-12
equity 2.3% of total assets
Liquidity 18-11
short-term debt 68.0% · cash 3.7%
Profitability 80-20
return on assets 8.6%
Bankruptcy probability within 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (482 companies, NACE 81, small)
Last 24 months 12-2024: 1.1% 01-2025: 1.0%▼ -0.1 percentage points vs 12-2024lowest value 02-2025: 1.0%● unchanged vs 01-2025lowest value 03-2025: 1.0%● unchanged vs 02-2025lowest value 04-2025: 1.1%▲ +0.1 percentage points vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.1%● unchanged vs 05-2025 07-2025: 1.4%▲ +0.3 percentage points vs 06-2025 08-2025: 1.3%▼ -0.1 percentage points vs 07-2025 09-2025: 1.3%● unchanged vs 08-2025 10-2025: 1.3%● unchanged vs 09-2025 11-2025: 1.3%● unchanged vs 10-2025 12-2025: 1.3%● unchanged vs 11-2025 01-2026: 1.3%● unchanged vs 12-2025 02-2026: 1.3%● unchanged vs 01-2026 03-2026: 1.3%● unchanged vs 02-2026 04-2026: 1.4%▲ +0.1 percentage points vs 03-2026 05-2026: 1.3%▼ -0.1 percentage points vs 04-2026 06-2026: 1.3%● unchanged vs 05-2026 07-2026: 1.5%▲ +0.2 percentage points vs 06-2026 08-2026: 2.1%▲ +0.6 percentage points vs 07-2026highest value 09-2026: 1.6%▼ -0.5 percentage points vs 08-2026 10-2026: 1.6%● unchanged vs 09-2026 11-2026: 1.6%● unchanged vs 10-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.92 (0.87 in 2024), below 1. Short-term debt is 68% and cash 3.7% of total assets. 97.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 81, small). It does better than 6% of them on solvency, 8% on liquidity, 72% on profitability and 2% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
raises riskneutral
raises risk · Equity €13,732 (2.3% of total assets)
NBB · annual accounts
raises risk · Sector: Services to buildings and landscape activities (NACE 81)
KBO
raises risk · Size: 18 FTE, total assets €590,643
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.92, cash €21,937, halved
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 1555 sector peers (2025).
NBB · sector comparison
Position among 1555 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: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 9 filings
Deviation from the deadline
2025
4 days late
2024
17 days early
2023
on the day
2022
55 days early
2021
54 days early
2020
61 days early
2019
50 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 33 days before the deadline. In the sector (NACE 81), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 14 July (4 of the last 5 accounts filed within 37 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Equity fell in 2025from €87,882 to €13,732 ▼ 84.4% View
  • Caution: Lower solvency than 90% of companies in building services and landscapingsector median 42.2% · 1,555 companies 2.3% View

Recent changes

  1. · Gazette deed 1 director appointed, 1 director resigningResignation: Tsiglidis Mathieu (director) · Appointment: First Clean Invest BV (director) · Permanent representative: Tsiglidis Mathieu
  2. · Gazette deed Amendment of the articles · Legal-form change · Resignations & appointments
  3. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as First Clean: general cleaning of buildings (NACE 81210). They are comparable in size and age: total assets between €489,000 and €760,000, founded between 2014 and 2018.

CompanyTotal assetsGross margin
First Clean Hooglede€0.6m€1.0m
GROEP INTRO SCHOONMAAK Anderlecht€0.6m€0.9m
CLEAN CONCEPT PRO Silly€0.5m€0.8m
D’OURO SCHOONMAAKBEDRIJF Herenthout€0.5m€1.1m
TOP CLEAN SERVICES Awans€0.8m€0.8m
AUREUM SERVICE Seraing€0.6m€0.7m
INTERIOR KS Antwerpen€0.6m€1.3m
Full comparison

Key facts about First Clean

What is the company number of First Clean?
The company number of First Clean is 0661.926.614. The VAT number is the same number with BE in front: BE 0661.926.614.
Where is First Clean based?
The registered office is at Koolskampstraat 23a, 8830 Hooglede.Company details
What does First Clean do?
According to the KBO register, the main activity is general cleaning of buildings (NACE 81210).
What is the legal form of First Clean?
The legal form of First Clean is Private limited company (BV).
When was First Clean founded?
First Clean was founded on 02-09-2016.
Is First Clean still active?
Yes, First Clean is an active enterprise in the KBO register.
How many employees does First Clean have?
First Clean had an average of 18 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does First Clean fall under?
In its 2022 annual accounts, First Clean states joint committee 121 (Paritair Comité voor de schoonmaak).
What is the turnover of First Clean?
The turnover in financial year 2025 is ≈ €1.9m. This figure is estimated from the gross margin of €960,051 and 51 comparable companies (NACE 81). It probably lies between €1.3m and €2.9m.
Is First Clean profitable?
In financial year 2025, First Clean made a profit of €50,850.
Where can I find the annual accounts of First Clean?
First Clean filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of First Clean due?
First Clean must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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