First Computer
ActiveSummary
The computed 12-month bankruptcy probability of First Computer is 2.7% (moderate). The 2024 annual accounts show equity of €5,110 and a net result of -€51,130. Equity remains stable across the filed fiscal years (±2.2% per year). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
- Equity
- €5,110
- Loss
- -€51,130
- Holdings
- 3
Why 50- Figures for FY 2024 (filed 05-08-2025)- Loss of €51,130, the second in a row (FY 2024)- Liquidity: current ratio 4.56, cash €2,359+ Size: turnover €12,965, total assets €664,227Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 16% on solvency, 41% on liquidity, 11% on profitability and 51% on growth.
The bankruptcy probability was computed on 07-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 6 accounts on average 16 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Weakest financial yearnet -€51,130
- Liquidity triplescurrent ratio 4.56
Financials · fiscal year 2024, micro schema
2020 to 2024, 5 fiscal years 2018 to 2024, 7 fiscal years
The operating result stays negative: a loss of €51,130 in 2024 against €12,827 in 2023; the loss grows and 2024 has the lowest result in the available series.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | - | €259 | €12,965 | ▲ 4,899% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €7,984 | - | €15,501 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | - | - | €48,594 | - |
| Other operating charges640/8 | - | - | - | - | €473 | €12,568 | - | - |
| Gross operating margin9900 | €450,312 | -€20,009 | -€6,528 | -€6,729 | -€7,984 | -€259 | -€2,536 | ▼ 878% |
| Operating profit (loss)9901 | €447,905 | -€20,379 | -€7,390 | -€6,729 | -€8,457 | -€12,827 | -€51,130 | ▼ 299% |
| Recurring financial income75 | €2,116 | €3,840 | €3,840 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €3,142 | €3,145 | €1 | - | - |
| Recurring financial charges65 | €26 | €1,003 | €945 | €3,142 | €3,145 | €1 | - | - |
| Profit (loss) for the period before taxes9903 | €449,995 | -€17,542 | -€4,495 | -€9,871 | -€11,601 | -€12,829 | -€51,130 | ▼ 299% |
| Transfer from deferred taxes780 | - | - | - | - | €44,498 | - | - | - |
| Income taxes67/77 | €7,005 | -€279 | - | - | - | - | - | - |
| Profit (loss) for the period9904 | €320,392 | -€17,263 | -€4,495 | -€9,871 | €32,896 | -€12,829 | -€51,130 | ▼ 299% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €238,668 | - | - | - |
| Transfer to tax-exempt reserves689 | - | - | - | - | - | €23,827 | - | - |
| Profit (loss) for the period to be appropriated9905 | €15,915 | -€17,263 | -€4,495 | -€9,871 | €271,565 | -€36,656 | -€51,130 | ▼ 39.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.6m | €0.6m | €0.7m | €0.7m | €1.3m | €1.1m | €0.7m | ▼ 41.5% |
| Fixed assets21/28 | €0.2m | €0.3m | €0.7m | €0.7m | €1.3m | €1.1m | €0.6m | ▼ 45.1% |
| Intangible fixed assets21 | - | - | - | - | - | €0.6m | - | - |
| Tangible fixed assets22/27 | - | €0.03m | €0.03m | €0.03m | €0.6m | - | €0.3m | - |
| Land and buildings22 | - | - | - | €0.03m | €0.03m | - | - | - |
| Other tangible fixed assets26 | - | - | - | - | €0.6m | - | €0.3m | - |
| Financial fixed assets28 | €0.2m | €0.3m | €0.7m | €0.7m | €0.7m | €0.5m | €0.4m | ▼ 30.0% |
| Current assets29/58 | €0.4m | €0.3m | €0.008m | €0.004m | €0.02m | €0.02m | €0.05m | ▲ 157% |
| Amounts receivable within one year40/41 | €0.3m | €0.003m | €0.003m | - | - | - | - | - |
| Cash at bank and in hand54/58 | €0.07m | €0.002m | €0.002m | €331 | €364 | €234 | €0.002m | ▲ 908% |
| Deferred charges and accrued income490/1 | - | - | - | €0.004m | €0.02m | €0.02m | €0.05m | ▲ 148% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.6m | €0.6m | €0.7m | €0.7m | €1.3m | €1.1m | €0.7m | ▼ 41.5% |
| Equity10/15 | €0.4m | €0.3m | €0.3m | €0.3m | €0.4m | €0.4m | €0.005m | ▼ 98.6% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Capital10 | - | - | - | - | €0.02m | €0.02m | €0.02m | = |
| Issued capital100 | - | - | - | - | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.3m | €0.3m | €0.3m | €0.3m | €0.09m | €0.1m | €0.09m | ▼ 21.2% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Legal reserve130 | - | - | - | - | €0.002m | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | - | - | €0.002m | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €0.3m | €0.09m | €0.1m | €0.09m | ▼ 21.5% |
| Profit (loss) carried forward14 | €0.007m | -€0.01m | -€0.02m | -€0.02m | €0.3m | €0.2m | -€0.1m | ▼ 144% |
| Provisions and deferred taxes16 | €0.1m | €0.1m | €0.1m | €0.1m | €0.09m | €0.2m | €0.05m | ▼ 69.9% |
| Provisions for liabilities and charges160/5 | - | - | - | - | - | €0.1m | - | - |
| Major repairs and maintenance162 | - | - | - | - | - | €0.1m | - | - |
| Deferred taxes168 | - | - | - | €0.1m | €0.09m | €0.05m | €0.05m | = |
| Amounts payable17/49 | €0.08m | €0.09m | €0.3m | €0.3m | €0.9m | €0.6m | €0.6m | = |
| Amounts payable after more than one year17 | - | €0.06m | €0.2m | €0.2m | €0.8m | €0.6m | €0.6m | = |
| Other amounts payable178/9 | - | - | - | €0.2m | €0.8m | €0.6m | €0.6m | = |
| Amounts payable within one year42/48 | €0.08m | €0.03m | €0.04m | €0.05m | €0.06m | €0.01m | €0.01m | = |
| Trade debts44 | €0.002m | - | €0.002m | - | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €0.05m | €0.06m | €0.01m | €0.01m | = |
| Accrued charges and deferred income492/3 | - | - | - | €0.005m | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €320,392 | -€17,263 | -€4,495 | -€9,871 | €32,896 | -€12,829 | -€51,130 | ▼ 299% |
| + Depreciation and write-downs630 | - | - | - | - | - | - | €48,594 | - |
| Operating cash flow (approximation) | €320,392 | -€17,263 | -€4,495 | -€9,871 | €32,896 | -€12,829 | -€2,536 | ▲ 80.2% |
| Investment in fixed assets (approximation) | - | -€92,000 | -€415,780 | €0 | -€600,000 | €195,697 | €454,734 | ▲ 132% |
| Change in cash | - | -€72,500 | -€116 | -€1,265 | €33 | -€130 | €2,125 | ▲ 1,731% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Directors
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Holdings and subsidiaries
3 holdingsHoldings 3
-
52%
-
43.6%
-
21.6%
According to the 2021 annual accounts of First Computer and those of the other companies, the acts in the Belgian Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Companies Code and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No directors read yet: 0 of 1 Gazette act processed.
History
Acts, filings and financial milestones
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Register details
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 8 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35384A0089/00H035 | Flanders | 1,076 m² | 1 · 253 m² | 55.6 m · 18 fl. |