First Klaas Estate
ActiveSummary
First Klaas Estate has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €205,898 and a net result of -€67,063. Equity has been growing by about 9.8% per year since 2018. Its solvency ranks better than 45% of 17,119 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
Official details
Source: KBO- Status
- Active since 29-07-2016 Normal situation
- Activity
- Real estate agency activities NACE 68310and 3 others
- Establishment unit
- 2.256.945.223 8340 Damme, since 03-08-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 17-04-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.8%
- Gross margin
- -€59,821
- Loss
- €67,063
- Equity
- €205,898
- ▼ 24.6%
- Total assets
- €886,351
- ▲ 161%
Score breakdownraises riskLiquidity: current ratio 6.63, cash €38, halvedLoss of €67,063 (financial year 2025)lowers riskSector: Real estate activities (NACE 68)Size: total assets €886,351Show the evidence
Checked score
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 68, micro). It does better than 43% of them on solvency, 42% on liquidity, 12% on profitability and 19% on growth.
The bankruptcy probability was computed on 01-11-2026 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
The company filed its last 7 accounts on average 31 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Resignation: Kadeem BV (manager)Reappointment: Kadeem BV (director) · Permanent representative: Klaas De Muyt
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as First Klaas Estate: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €735,000 and €1.1m, founded between 2015 and 2017.
| Company | Total assets | Gross margin |
|---|---|---|
| First Klaas Estate Damme | €0.9m | -€0.06m |
| BELL TOWER Ukkel | €0.9m | -€0.02m |
| Bricks & Leisure Projectontwikkeling Watermaal-Bosvoorde | €0.8m | -€0.006m |
| ELOU CONSULT Elsene | €0.7m | -€0.01m |
| Stylio Bilzen-Hoeselt | €1.0m | -€0.07m |
| HOME2BE Crisnée | €0.7m | -€0.1m |
| GM REAL CONSTRUCT Grimbergen | €1.1m | -€0.07m |
Key facts about First Klaas Estate
- What is the company number of First Klaas Estate?
- The company number of First Klaas Estate is 0660.658.387. The VAT number is the same number with BE in front: BE 0660.658.387.
- Where is First Klaas Estate based?
- The registered office is at Doornstraat 36, 8340 Damme.Company details
- What does First Klaas Estate do?
- According to the KBO register, the main activity is real estate agency activities (NACE 68310).
- What is the legal form of First Klaas Estate?
- The legal form of First Klaas Estate is Private limited company (BV).
- When was First Klaas Estate founded?
- First Klaas Estate was founded on 29-07-2016.
- Is First Klaas Estate still active?
- Yes, First Klaas Estate is an active enterprise in the KBO register.
- What is the turnover of First Klaas Estate?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is First Klaas Estate profitable?
- In financial year 2025, First Klaas Estate made a loss of €67,063.
- Where can I find the annual accounts of First Klaas Estate?
- First Klaas Estate filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of First Klaas Estate due?
- First Klaas Estate must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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