FIRST HOME

Active

Private limited companyfounded 20206 yrs activeBoulevard Martin 4, 1340 Ottignies-Louvain-la-Neuve, BelgiumKBO/BCE: BE 0747.580.582

Summary

The computed 12-month bankruptcy probability of FIRST HOME is 6.7% (elevated). The latest annual accounts of FIRST HOME were filed more than 90 days after the deadline. The 2021 annual accounts show equity of €19,719 and a net result of -€14,107. Its solvency ranks better than 25% of 1069 sector peers (fiscal year 2021). The company has been active since 2020 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Risk analysis Watch Report Compare

FIRST HOMEActive

Risk analysis Report Compare

Checked score

No current score

Figures too old

The available figures for FY 2021 are too old to assess current financial health.

Bankruptcy probability: Elevated

Filing: Filed more than 90 days late

Axes, FY 2021

Profitability0

Solvency46

Growth-

Track record77

Bankruptcy probability, 12 months

6.7% Elevated

0%0.5%1.5%4%10%≥ 25%

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Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2021

Solvency, return and age of the figures

Solvency

20.9%

Return on assets

-14.9%

Age of the figures

57 mo

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 33

Relative position

BE, all sectors

reference

Repair, maintenance and installation of machinery and equipment (NACE 33)

about 56% more bankruptcies

← fewer bankruptcies more bankruptcies →

Ex-officio strike-off

The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.

KBO publications

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Filed more than 90 days late

The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 11-01-2024, 529 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 1 filing

Deviation from the deadline

2021

529 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its 2021 accounts 529 days after the deadline; the sector median for financial year 2021 is 3 days before the deadline, and 44% of the sector filed late.

Administrative warnings in the KBO publications

1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.

KBO publications

Publications

UBO non-compliance

History

On 25 May 2020, FIRST HOME was incorporated as a Private limited company.¹ The company has filed annual accounts once, for fiscal year 2021.²

Go further with this company

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Financials · fiscal year 2021, micro schema

Equity

€19,719

Total assets

€94,465

Net result

-€14,107

Working capital

€3,798

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Assets €94,465

16.9%

83.1%

Fixed assets €15,922

Current assets €78,544

Equity and liabilities €94,465

20.9%

79.1%

Equity €19,719

Debt €74,746

Debt finances 79.1% of the balance-sheet total.

Key figures and ratios

2021 value

EBITDA

-€12,363

Cash flow

-€12,363

Current ratio

1.05

Debt to equity

3.79

ROE

-71.5%

ROA

-14.9%

Debt ≤ 1 year

€74,746

Staff costs

€206

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2021 · 31 lines

Balance sheet Code2021

Assets

Total assets20/58€94,465

Fixed assets21/28€15,922

Tangible fixed assets22/27€15,922

Plant, machinery and equipment23€353

Furniture and vehicles24€15,569

Current assets29/58€78,544

Amounts receivable within one year40/41€72,105

Trade receivables40€44,198

Other amounts receivable41€27,907

Cash at bank and in hand54/58€6,438

Equity and liabilities

Total equity and liabilities10/49€94,465

Equity10/15€19,719

Contributions10/11€10,000

Profit (loss) carried forward14€9,719

Amounts payable17/49€74,746

Amounts payable within one year42/48€74,746

Trade debts44€17,054

Suppliers440/4€17,054

Advances received on contracts in progress46€55,027

Taxes, remuneration and social security45€2,665

Remuneration and social security454/9€2,665

Income statement Code2021

Remuneration, social security and pensions62€206

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,744

Other operating charges640/8€85

Gross operating margin9900-€12,072

Operating profit (loss)9901-€14,107

Profit (loss) for the period before taxes9903-€14,107

Profit (loss) for the period9904-€14,107

Profit (loss) for the period to be appropriated9905-€14,107

Appropriation of the result

Profit (loss) to be appropriated9906€9,719

Profit (loss) brought forward from the previous period14P€23,827

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2021
Remuneration, social security and pensions62	€206
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€1,744
Other operating charges640/8	€85
Gross operating margin9900	-€12,072
Operating profit (loss)9901	-€14,107
Profit (loss) for the period before taxes9903	-€14,107
Profit (loss) for the period9904	-€14,107
Profit (loss) for the period to be appropriated9905	-€14,107

Line	2021
Assets
Total assets20/58	€94,465
Fixed assets21/28	€15,922
Tangible fixed assets22/27	€15,922
Plant, machinery and equipment23	€353
Furniture and vehicles24	€15,569
Current assets29/58	€78,544
Amounts receivable within one year40/41	€72,105
Trade receivables40	€44,198
Other amounts receivable41	€27,907
Cash at bank and in hand54/58	€6,438
Equity and liabilities
Total equity and liabilities10/49	€94,465
Equity10/15	€19,719
Contributions10/11	€10,000
Profit (loss) carried forward14	€9,719
Amounts payable17/49	€74,746
Amounts payable within one year42/48	€74,746
Trade debts44	€17,054
Suppliers440/4	€17,054
Advances received on contracts in progress46	€55,027
Taxes, remuneration and social security45	€2,665
Remuneration and social security454/9	€2,665

Line	2021
Profit (loss) for the period9904	-€14,107
+ Depreciation and write-downs630	€1,744
Operating cash flow (approximation)	-€12,363

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

All 2Signals 1Filings 1

2024

08-04

KBO administration UBO non-compliance

event 25-03-2024

11-01

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 529 days late

SignalNBB filing

0 of 1 act read

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.

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Directors · office · real estate

Directors

1 act for this company is 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, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2020

seat establishment The establishment unit on the map

Ground area

363 m²

Building footprint

119 m²

Volume, LiDAR

1,285 m³

Parcel 25083F0054/00T006, Wallonia · tallest building 11.8 m, ±4 floors. Linked by address, not a title deed.

3 companies at this address See who is registered here

1 establishment unit

FIRST HOME

Boulevard Martin 4, 1340 Ottignies-Louvain-la-NeuveInsulation installation

since 20202.316.928.241

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
25083F0054/00T006	Wallonia	363 m²	1 · 119 m²	11.8 m · 4 fl.

Linked by address, not proof of ownership

Good to know

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

COCQUYT KLUSJESDIENST

BE 0750.520.078

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B A-TEAM

BE 1020.925.295

Temse · Eq €19,283

TUINMACHINE SERVICE YVES DEDAPPER

VANSCHOUBROEK CONSTRUCTIONS

BE 0662.982.429

Gent · Eq €19,234

Of 3,719 companies in sector 33120 we hold annual accounts for 1,345. 864 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification

Legal formPrivate limited company

Founded25-05-2020

Fiscal year end31-12

Activities, NACEBEL 2025

33120Repair and maintenance of machinery

42110Construction of roads and motorways

42219Civil engineering

43120Site preparation

E-invoicing

Not found in the Peppol register

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.

Scores and ratios are computed by Checked and are not a credit decision.