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FIRST ELEMENT

Active Private limited companyfounded 2013active for 13 yearsHoveniersstraat 22, 2018 AntwerpKBO/BCE: BE 0534.592.437
FIRST ELEMENT
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Overview

Lifetime

13 annual accounts with figures on one time axis
peak €279,070 (2022)
-€88,945▼ €300,226
lowest -€236,115 (2025)
-€236,115▼ €353,970
peak €752,864 (2024)
€516,749▼ 31.4%
€526,611▲ 394%
peak 1.9 FTE (2018)
1.2 FTE▲ 9.1%
Board1 name since 2013
- 
Owners2 names in the annual accounts
95%Johannes Erikson and 1 other
Documentsfilings and deeds
14-07-202617 days before the deadline
2025abbreviated format
Gross margin from €211,281 to -€88,945Loss of €236,115Staff from 1.1 FTE to 1.2 FTEEquity from €752,864 to €516,749Debts from €106,629 to €526,611Cash from €405,758 to €571,155

Key points

from the 2025 annual accounts

Result

-€236,115 -€236,115
€118,0002024-€236,0002025

From profit to loss in 2025, after a profit of €117,855 in 2024.

Liquidity

2.02 was 9.39 in 2024

Short-term debts rose from €88,365 to €504,847.

Position in the sector

-€236,115

Lower net result than 95% of companies in wholesale trade. Sector median €26,770 · 9,862 companies.

Turnover not published (abbreviated format)

Checked score

86
Excellent
Financially stronger than 39% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 26,892 companies (NACE 46, micro).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: 0.1%▲ +0.1 percentage points vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.2%● unchanged vs 08-2026highest value 10-2026: 0.2%● unchanged vs 09-2026highest value 11-2026: 0.2%● unchanged vs 10-2026highest value

Financial strength
Average

75-25equity 49.5% of total assets
76-24short-term debt 48.4% · cash 54.7%
0-71return on assets -22.6%

Score breakdown

raises risk
Loss of €236,115 (financial year 2025)
lowers risk
Liquidity: current ratio 2.02, cash €571,155
Equity €516,749 (49.5% of total assets)
Figures for financial year 2025 (filed on 14-07-2026)
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 46, micro). It does better than 57% of them on solvency, 80% on liquidity, 6% on profitability and 14% on growth.

The bankruptcy probability was computed on 07-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 4,805 companies had the same profile as FIRST ELEMENT has now. Each dot stands for 13 companies, two years later.

88.1%
were still trading
9.8%
stopped another way
2.0%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of FIRST ELEMENT itself is lower: 0.2% within 12 months. It rests on far more data about FIRST ELEMENT than the profile alone.

Test of the method

The method was tested on the 497,447 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 4,805 companies, not a prediction for FIRST ELEMENT. 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 of up to €40,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.02 (9.39 in 2024), above the usual 1.5. Short-term debt is 48.4% and cash 54.7% of total assets. However, 50.5% of the assets are financed with debt and provisions.

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

Five signals.
lowers riskraises riskneutral
raises risk · Loss of €236,115 (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.02, cash €571,155
NBB · annual accounts
lowers risk · Equity €516,749 (49.5% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 14-07-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
17 days early
2024
27 days early
2023
16 days early
2022
56 days late
2021
51 days late
2020
88 days late
2019
10 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 18 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 16 July (4 of the last 5 accounts filed within 66 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
07-11-2026 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

Board and ownership

last known board
WE
WILKES Edward James Timothy
Director, until 2023
  • Johannes Erikson 95%annual accounts 2025
  • Edward Wilkes 5%annual accounts 2025
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0534592437
New director WILKES Edward James Timothy appointed, WILKES Edward James Timothy resigned · Director discharge: WILKES Edward James Timothy · Gazette deed
First establishment FIRST ELEMENT BVBA, Hoveniersstraat 22, Antwerp
Incorporation published on 30-05-2013 · Gazette deed
All 24 events

Comparable companies

same main activity, similar in size and age
Company
FIRST ELEMENT Antwerp €1.0m -€0.09m 49.5% 1.2
HRC DIAMONDS Antwerp €1.5m -€1.1m 95.5% 0.9
Orion Diam Antwerp €0.8m -€0.2m 68.0% 0.8
DIAMPREST ANTWERP Antwerp €0.4m -€0.05m -7.2% 1.4
RAKESHDIAM Antwerp €0.5m -€0.1m -2.3% 1
PHOENIX DIAMOND Antwerp €2.5m -€0.2m 12.8% 1.1
DIABRO Antwerp €2.1m -€0.2m -6.4% 1

These companies have the same main activity as FIRST ELEMENT: wholesale of diamonds and other precious stones (NACE 46861). They are comparable in size and age: total assets between €419,000 and €2.5m, founded between 2003 and 2016.

Official details

Source: KBO
Status
Active since 16-05-2013Normal situation
Registered office
18 active companies are registered at this addressSource: KBO register, as of 7 November 2026.
Activity
Wholesale of diamonds and other precious stonesNACE 46861
Joint committees
200Auxiliary committee for white-collar workers
324Diamond industry and trade · annual accounts 2025
Establishment unit
2.219.155.7062018 Antwerp, since 23-05-2013
Financial year end
31 December
Peppol
Reachable since 09-12-2025
Company details

Annual accounts 2025

-€88,945
€236,115
€516,749▼ 31.4%
€1.0m▲ 21.4%
Employeeson 31-12-2025
3=
Filing
Filed on 14-07-2026, 17 days before the end of the filing period
Financials

Insights on FIRST ELEMENT

FIRST ELEMENT files the abbreviated format. That format states no turnover. The gross margin fell from €238,014 in 2013 to -€88,945 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
-€88,945
▼ €300,226
-€182,743
▼ €316,685
-€236,115
▼ €353,970
€514,442
▼ 30.6%
49.5%
▼ 38.1 percentage points
2.02
▼ 7.37

Turnover and EBIT margin are not published. The abbreviated format does not require them.

Balance sheet

balance sheet total €1.0m on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

49.5%

Higher than 57% of 9,886 companies in 2025.

2.02

Higher than 57% of 9,650 companies in 2025.

-22.6%

Higher than 6% of 9,765 companies in 2025.

FIRST ELEMENT Middle half of the sector 80% of the sector Abbreviated accounts in wholesale trade (NACE 46)

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

Staff

€61,928

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 Trend2025202420232022202120202019201820172016201520142013
Balance sheet: assets
20/58 1.0m859,493975,272573,7741.5m2.0m357,244306,574439,489519,904344,467624,7174.0m
21/28 24,07029,73443,32848,63010,52914,90719,28514,03817,67418,51819,11522,193-
22/27 10,34216,00629,60038,10214,3798,7573,5107,1467,99011,06710,645-
23 2,08712,71525,40838,10213,8207,6391,1343,5115,8908,26710,645-
24 8,2553,2924,192--5591,1182,3763,6352,1002,800--
28 13,72813,72813,72810,52810,52810,52810,52810,52810,52810,5288,04811,548-
29/58 1.0m829,759931,944525,1451.5m1.9m337,959292,536421,815501,386325,352602,5244.0m
3 ----------2,7582,758242,367
30/36 ----------2,7582,758242,367
40/41 427,834404,401235,868266,9381.2m1.8m224,543180,052345,354243,317196,439438,1303.4m
40 -15,28452611,4741.0m1.5m-8,0512142,827-253,8933.4m
41 427,834389,117235,343255,464178,767295,352224,543172,001345,140240,490196,439184,2386,692
54/58 571,155405,758677,390243,198169,745144,827104,955104,60370,04830,034122,784161,636320,979
490/1 20,30019,60018,68515,009133,4574,5618,4617,8816,413228,0353,371-27,784
Balance sheet: equity and liabilities
10/49 1.0m859,493975,272573,7741.5m2.0m357,244306,574439,489519,904344,467624,7174.0m
10/15 516,749752,864635,009529,493443,886363,839312,358261,335219,83363,257184,539176,870172,224
10/11 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
100 ------18,60018,60018,60018,60018,60018,60018,600
13 231,860231,860231,860231,860231,860231,860231,860231,86044,65744,657165,939158,270153,624
130/1 ---1,8601,8601,860-------
130 ------1,8601,8601,8601,8601,8601,8601,860
1311 ---1,8601,8601,860-------
133 231,860231,860231,860230,000230,000230,000230,000230,00042,79742,797164,079156,410151,764
14 266,289502,404384,549279,033193,426113,37961,89810,875156,576----
17/49 526,611106,629340,26344,2811.1m1.6m44,88645,239219,656456,647159,928447,8473.8m
42/48 504,84788,365320,43237,9571.1m1.6m43,54141,459211,198455,913157,638447,8473.8m
44 498,31079,044277,12310,2541.1m1.6m20,09222,043192,478455,913150,893367,1323.7m
440/4 498,31079,044277,12310,2541.1m1.6m20,09222,043192,478455,913150,893367,1323.7m
46 ----------4,736--
45 6,5379,32143,30927,70329,13918,82623,44919,41618,720-2,00980,71578,913
450/3 -9,32139,76627,70329,13918,82623,44919,41618,720-2,00980,71578,913
454/9 6,537-3,543----------
47/48 ------------23
492/3 21,76418,26419,8316,3254,5211,8121,3453,7808,4587342,290--
Income statement
76A -------34,8571,082----
9900 -88,945211,281237,783279,07067,215146,348183,791168,216145,833-96,53526,13142,166238,014
62 74,31457,23438,10629,17018,57140,63679,49476,01064,1145,648---
630 11,83013,59413,0023,2434,3774,3786,2113,6373,6363,0783,0781,244-
631/4 --11,474---8,992------
640/8 7,6556,51113,8738,8127,50316,6726,2018,3845,6272,8654,1526,967324
66A --------20,292----
9901 -182,743133,942161,328237,84536,76484,66282,89380,18552,164-108,12618,90133,955237,690
75/76B 14,90558,22126,9128,18887,87610,38219,0009,512152,6408,3196,2291,160457
75 14,90558,22126,9128,18887,87610,38219,0009,512152,6408,3196,2291,160457
65/66B 68,27634,98740,200132,72315,45424,73727,54428,77929,50821,17615,45230,3625,610
65 68,27634,98740,200132,72315,45424,73727,54428,77929,50821,17615,45230,3625,610
9903 -236,115157,176148,040113,310109,18670,30774,34960,918175,296-120,9839,6784,754232,537
67/77 -39,32142,52427,70329,13918,82623,32619,41618,7203002,00910778,913
9904 -236,115117,855105,51685,60780,04751,48151,02341,502156,576-121,2837,6694,646153,624
9905 -236,115117,855105,51685,60780,04751,48151,02341,502156,576-121,2837,6694,646153,624
Appropriation of the result
9906 266,289502,404384,549279,033193,426113,37961,898198,078156,576-121,2837,6694,646153,624
14P 502,404384,549279,033193,427113,379--------
791/2 ---------121,283---
691/2 -------187,203--7,6694,646153,624
6920 ------------1,860
6921 -------187,203--7,6694,646151,764
Social balance sheet
9087 1.21.10.80.60.40.91.81.91.4----
Hours worked1013 2,0921,9111,4401,1347119392,5842,6762,291----
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. 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 2026-00289618 PDF
31-12-2024 abbreviated format 04-07-2025 2025-00228176 PDF
31-12-2023 abbreviated format 15-07-2024 2024-00243707 PDF
31-12-2022 abbreviated format 25-09-2023 2023-00452511 PDF
31-12-2021 abbreviated format 20-09-2022 2022-20431578 PDF
31-12-2020 abbreviated format 27-10-2021 2021-73600026 PDF
31-12-2019 abbreviated format 21-07-2020 2020-33900036 PDF
31-12-2018 abbreviated format 27-06-2019 2019-23100063 PDF
31-12-2017 abbreviated format 16-07-2018 2018-32100456 PDF
31-12-2016 abbreviated format 18-08-2017 2017-44100497 PDF
31-12-2015 abbreviated format 30-08-2016 2016-49700017 PDF
31-12-2014 abbreviated format 02-10-2015 2015-63500469 PDF
31-12-2013 abbreviated format 21-11-2014 2014-67400454 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013
-170,913147,535174,330241,08841,14189,04089,10483,82255,800-105,04821,97935,199-
-224,285131,448118,51888,85084,42455,85957,23445,139160,212-118,20510,7475,891-
6,16607,70041,344-1011,45912,7922,4803,50023,437-
165,397-271,632434,19273,45324,91839,87235234,55540,014-92,750-38,852-159,343-
514,442741,393611,512487,188437,878350,744294,418251,077210,61745,473167,714154,677172,224
49.5%87.6%65.1%92.3%28.8%18.6%87.4%85.2%50.0%12.2%53.6%28.3%4.4%
2.029.392.9113.841.401.227.767.062.001.102.061.351.05
2.029.392.9113.841.401.227.767.062.001.102.051.340.98
1.020.140.540.082.474.380.140.171.007.220.872.5321.95
-45.7%15.7%16.6%16.2%18.0%14.1%16.3%15.9%71.2%-191.7%4.2%2.6%89.2%
-22.6%13.7%10.8%14.9%5.2%2.6%14.3%13.5%35.6%-23.3%2.2%0.7%3.9%
-2.504.224.341.822.66--------

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.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date33221
part-time33221
in full-time equivalents1.21.10.80.80.4
1.21.10.80.60.4
On a permanent contract3-221
Joined-1-1-
Left-0-0-

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€6,166-€4,500€41,344-
Financial fixed assets--€3,200--
€11,830€13,594€13,002€3,243€4,377

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

Insights on FIRST ELEMENT

The operating result for 2025 is a loss of €182,743, after a profit of €133,942 in 2024. It is the lowest result since 2013.

Debt's share of the balance-sheet total rises from 12.4% to 50.5%. Equity is lower and debt is higher.

Board & ownership

Board

Last change in 2023
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“8.2 Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan hem…”
deed of 14-12-2023

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
WILKES Edward James Timothy
Director (not named in the articles)
Earlier
Mandates as a list
  • WILKES Edward James Timothy
    • Director (not named in the articles), from 21-05-2013 to 14-12-2023

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

Control

Shareholder
Johannes Erikson
95 voting rights
95%
This company
FIRST ELEMENT
Equity €516,749
Loss €236,115 in 2025

and 1 other shareholder

Capital

Contribution
€18,600
Source
2025 annual accounts

Owners through the years

as the annual accounts name them
Johannes Erikson
natural person
95%95%
95%
Edward Wilkes
natural person
5%
5%
Owners as a list

Older annual accounts also name 2 natural persons.

Source: shareholder structure in its own accounts

Articles of association

deed of 14-12-2023 (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.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
26 June at 11:00
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Shareholders

2 owners

Owners 2

Network & group

No group

FIRST ELEMENT has no parent and no holdings in its annual accounts.

At the same address

Hoveniersstraat 22, 2018 Antwerp · 17 other companies
bpost
establishment since 31-03-2005 · founded in 1974
 23,730 FTE (2025)
0214.596.464
ANTWERP WORLD DIAMOND CENTRE
registered office since 22-12-2006 · founded in 2006
 45 FTE (2025)
0885.969.987
HRD ANTWERP
registered office since 22-12-2006 · founded in 2006
 38 FTE (2025)
0885.938.315
Rijksverlofkas voor de Diamantnijverheid
registered office since 01-01-2008 · founded in 1946
 3.6 FTE (2025)
0410.614.262
Natural Diamond Council Belgium
registered office since 05-08-2016 · founded in 2016
 1.6 FTE (2025)
0660.728.861
Clarity Capital Services
registered office since 23-03-2023 · founded in 2023 · negative equity (2025)
 total assets €336,753 (2025)
0799.837.650
Vereniging van Mede-eigenaars gebouw "HOVENIER 22" te 2018 Antwerpen, Hoveniersstraat 22
registered office since 04-08-2020
 founded in 2020
0736.875.049
ANTWERP INTERNATIONAL TRAINING CENTER ON CORPORATE OPPORTUNITIES
registered office since 27-03-2012
 founded in 2012
0845.946.106
Syndikaat der Belgische Diamantnijverheid
registered office since 01-01-2008
 founded in 1933
0408.848.961
EUROPEAN COUNCIL OF DIAMOND MANUFACTURERS
registered office since 12-05-2004
 founded in 2004
0865.272.266
and 7 more

Connections & network

See the function holders in the KBO register.

Timeline

Timeline

24 events since 2013

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBabbreviated format · 17 days before the deadline
2025
Weakest financial year net -€236,115 The net result drops to -€236,115, the lowest from 2013 to 2025.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0534592437
Annual accounts 2024 filed PDFabbreviated format · 27 days before the deadline
2024
Liquidity more than triples current ratio 9.39 The current ratio rises from 2.91 to 9.39. Short-term debt falls from €320,432 to €88,365.
Annual accounts 2023 filed PDFabbreviated format · 16 days before the deadline
2023
New directorWILKES Edward James Timothy appointed, WILKES Edward James Timothy resigned · Director discharge: WILKES Edward James Timothy4 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFabbreviated format · 56 days late
2022
Liquidity more than 9 times current ratio 13.84 The current ratio rises from 1.40 to 13.84. Short-term debt falls from €1.1m to €37,957.
Equity above €500,000 equity €529,493 ▲19.3% After 6 profitable years in a row, equity reaches €529,493.
Annual accounts 2021 filed PDFabbreviated format · 51 days late
2021
Annual accounts 2020 filed PDFabbreviated format · 88 days late
2020
Annual accounts 2019 filed PDFabbreviated format · 10 days before the deadline
2019
Annual accounts 2018 filed PDFabbreviated format · 34 days before the deadline
2018
Liquidity more than triples current ratio 7.06 The current ratio rises from 2.00 to 7.06. Short-term debt falls from €211,198 to €41,459.
Annual accounts 2017 filed PDFabbreviated format · 15 days before the deadline
2017
Back to profit net €156,576 The net result is €156,576, after one loss-making year.
Equity above €200,000 equity €219,833 ▲248% Equity rises from €63,257 to €219,833.
Annual accounts 2016 filed PDFabbreviated format · 18 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 30 days late
2015
Annual accounts 2014 filed PDFabbreviated format · 63 days late
2014
Annual accounts 2013 filed PDFabbreviated format · 113 days late
2013
First establishment FIRST ELEMENT BVBA, Hoveniersstraat 22, Antwerp
Incorporation PDFpublished on 30-05-2013

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

On 16 May 2013, FIRST ELEMENT was incorporated.1 Total assets went from €306,574 in 2018 to €1.0m in 2025 and headcount from 1.9 to 1.2 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0534.592.437
VAT number
BE 0534.592.437
Peppol ID
0208:0534592437
Other Peppol ID
9925:BE0534592437
Legal form
Private limited company
Status
Active, normal situation
Founded
16-05-2013
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
26 June at 11:00
deed of 14-12-2023 (in Dutch)
Peppol
Reachable since 09-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
FIRST ELEMENT in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 14-12-2023 (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 14-12-2023 (in Dutch)

Activities

NACEBEL 2025
VAT activities
46861 Wholesale of diamonds and other precious stones main activity
Social security (RSZ) activities
46861 Wholesale of diamonds and other precious stones main activity
Joint committees annual accounts 2025
JC 200 Auxiliary committee for white-collar workers
JC 324 Diamond industry and trade
Codes under NACEBEL 2008
VAT activities
46761 Wholesale trade main activity
Social security (RSZ) activities
46761 Wholesale trade main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Bewerken en doen bewerken,de handel,de in-en uitvoer,het in consignatie geven en nemen,de vertegenwoordiging en de commissiehandel,van:ruwe…”
4 activities
  1. Bewerken en doen bewerken,de handel,de in-en uitvoer,het in consignatie geven en nemen,de vertegenwoordiging en de commissiehandel,van:ruwe en geslepen diamant,edelstenen,juwelen,edele metalen en alle aanverwante artikelen.
  2. De vennootschap kan ook de opdracht van bestuurder of vereffenaar van andere vennootschappen uitoefenen;deelneming bij activiteiten van of samenwerking met andere vennootschappen kan geschieden door inschrijving of door overname van aandelen,inbreng,fusie,opslorping,of welke wijze dan ook.
  3. Zij kan zich ten gunste van dezelfde vennootschappen borg stellen of hen aval verlenen,optreden als agent of vertegenwoordiger,voorschotten toestaan,kredieten verlenen,hypothecaire of andere zekerheden verstrekken.
  4. De vennootschap mag in het kader van haar activiteit alle roerende en onroerende,financiële,industriële en commerciële verrichtingen doen die rechtstreeks of onrechtstreeks met haar voorwerp verband houden en van die aard zijn de verwezenlijking ervan te vergemakkelijken.
deed of 14-12-2023 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
FIRST ELEMENT BVBA registered office Hoveniersstraat 22, 2018 Antwerp 23-05-2013 2.219.155.706

Buildings and parcels at the address

Ground area
951 m²
Buildings
757 m²
Volume, LiDAR
19,973 m³
Tallest building
38.7 m
Buildings to scale, each on its own parcel
757 m², 38.7 m 757 m², 38.7 m

Location

registered office establishment The establishment unit on the map
18 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
11808H1178/00C009951 m² 1 · 757 m² 38.7 m · 10

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