FIRST MINUTE SERVICES
The computed 12-month bankruptcy probability of FIRST MINUTE SERVICES is 8.4% (elevated). The 2024 annual accounts show equity of €5k and a net result of €-5k. Equity is shrinking by ~18.1% per year across the filed fiscal years. Its solvency ranks better than 83% of 2245 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €5k |
| Net result | €-5k |
| Better than sector | 83% |
| Active | 4 yrs |
Mixed profile: strong on solvency, weaker on profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 62.4% | 27.4% | |
| Net result | €-5k | €6k | |
| Equity | €5k | €17k | |
| Gross operating margin | €-2k | €28k | |
| Total assets | €8k | €65k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €-5k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €8k |
| Equity | €5k |
| Debt | €3k |
| of which ≤ 1y | €3k |
| of which > 1y | - |
| Working capital | €5k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 2.66 |
| Quick ratio | 2.66 |
| Working capital ratio | 62.4% |
| Solvency | 62.4% |
| Debt / equity | 0.60 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -61.0% |
| ROE | -97.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €8k |
| Current assets | 29/58 | €8k |
| Amounts receivable within one year | 40/41 | €8k |
| Cash & bank | 54/58 | €31 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €8k |
| Equity | 10/15 | €5k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €2k |
| Amounts payable | 17/49 | €3k |
| Amounts payable within one year | 42/48 | €3k |
| Trade debts payable within one year | 44 | €3k |
| Income statement | ||
| Gross operating margin | 9900 | €-2k |
| Operating result | 9901 | €-3k |
| Financial charges | 65 | €192 |
| Result before taxes | 9903 | €-3k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €-5k |
| Result to be appropriated | 9905 | €-5k |
| NACE primary | Land transport(49330) |
| Legal form | Private limited company(610) |
| Incorporation | 12-10-2021 |
| Status | Active |
| Postal code | 1020 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21816C0215/00X002 | Brussels | 971 m² | 1 · 307 m² | 13.9 m · 4 fl. |
| 21816C0141/00S002 | Brussels | 236 m² | 1 · 194 m² | 21.9 m · 6 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
21-01-2025 Transaction in capital or shares
Technical details
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}10-05-2024 All shares are now held by a single shareholder
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | FIRST MINUTE SERVICES |