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First in Line

Active
Private limited companyfounded 2003active for 22 yearsBlazoenstraat 34, 9000 Gent, BelgiumKBO/BCE: BE 0862.183.114
Summary

First in Line has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €122,970 and a net result of -€6,393. Equity has been growing by about 11% per year since 2019. Its solvency ranks better than 47% of 376 sector peers (NACE 78, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 12-12-2003 Normal situation
Registered office
10 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 3 November 2026.
Activity
Employment placement agencies NACE 78100and 1 other
Establishment unit
2.134.767.981 9000 Gent, since 02-01-2004
Financial year end
30 September
Peppol
Reachable since 31-08-2023

Board and ownership

Board
  • LLN HOLDINGDirector · permanent representative RIGAUX Ellen Julien Gilbert
Shareholders
  • LLN HOLDING30-06-2025 annual accounts of LLN HOLDING

Financial position

83 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts to 30-09-2025
Gross margin
€162,279
▼ 14.3%
Turnover
≈ €410,000
estimated
Loss
€6,393
Equity
€122,970
▼ 4.9%
Total assets
€565,851
▼ 10.1%
Employees on 30-09-2025
2
▼ 33.3%
Score breakdownraises riskLoss of €6,393 (financial year 2025)Equity €122,970 (21.7% of total assets)lowers riskFounded in 2003Figures for financial year 2025 (filed on 21-03-2026)Show the evidence

Checked score

Score 2025
83 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 28% of micro companies in employment activities (NACE 78)
Financial strength · tick: 2024
Weak
Solvency 47+1
equity 21.7% of total assets
Liquidity 19+12
short-term debt 77.7% · cash 9.3%
Profitability 50-26
return on assets -1.1%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (1,376 companies, NACE 78, micro)
Last 24 months 12-2024: 0.1%lowest value 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.2%▲ +0.1 percentage points vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.7%▲ +0.5 percentage points vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.7%● unchanged vs 06-2025 08-2025: 0.7%● unchanged vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025highest value 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.6%▼ -0.1 percentage points vs 02-2026 04-2026: 0.3%▼ -0.3 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.13 (1.17 in 2024), below the usual 1.5. Short-term debt is 77.7% and cash 9.3% of total assets. 78.3% 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 78, micro). It does better than 33% of them on solvency, 13% on liquidity, 32% on profitability and 35% on growth.

The bankruptcy probability was computed on 02-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 2003
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 21-03-2026)
NBB · annual accounts
raises risk · Loss of €6,393 (financial year 2025)
NBB · annual accounts
raises risk · Equity €122,970 (21.7% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 19-03-2026, 42 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
42 days early
2024
27 days early
2023
26 days early
2022
45 days early
2021
36 days early
2020
50 days early
2019
49 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 39 days before the deadline. In the sector (NACE 78), the median for financial year 2024 was 14 days before the deadline, and 30% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 25 March (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end03-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Amendment of the articles · Legal-form change · Resignations & appointmentsAppointments: RIGAUX Ellen Julien Gilbert (niet statutaire bestuurder,alsdan zaakvoerder genoemd) and LLN HOLDING (director) · Permanent representative: RIGAUX Ellen Julien Gilbert · Reappointment: LLN HOLDING (director)
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as First in Line: employment placement agencies (NACE 78100). They are comparable in size and age: total assets between €359,000 and €678,000, founded between 2002 and 2012.

CompanyTotal assetsGross margin
First in Line Gent€565,851€162,279
INQUEST BELGIË Brasschaat€585,208€184,236
Lincoln Talent BE Machelen (Brab.)€358,584€160,560
MenT Group Antwerpen€549,686€274,977
Talent Ventures Group Kontich€660,007€165,130
HCMVISION Hasselt€678,096€308,886
QUALITY Waregem€446,107€268,349
Full comparison

Key facts about First in Line

What is the company number of First in Line?
The company number of First in Line is 0862.183.114. The VAT number is the same number with BE in front: BE 0862.183.114.
Where is First in Line based?
The registered office is at Blazoenstraat 34, 9000 Gent.Company details
What does First in Line do?
According to the KBO register, the main activity is employment placement agencies (NACE 78100).
What is the legal form of First in Line?
The legal form of First in Line is Private limited company (BV).
When was First in Line founded?
First in Line was founded on 12-12-2003.
Is First in Line still active?
Yes, First in Line is an active enterprise in the KBO register.
How many employees does First in Line have?
First in Line had an average of 2.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of First in Line?
The turnover in financial year 2025 is ≈ €410,000. This figure is estimated from the gross margin of €162,279 and 1,647 comparable companies of the same size. It probably lies between €250,000 and €770,000. It is a rough estimate.
Is First in Line profitable?
In financial year 2025, First in Line made a loss of €6,393.
Where can I find the annual accounts of First in Line?
First in Line filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of First in Line due?
First in Line must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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