FIRST MOTOR SERVICE
ActiveSummary
FIRST MOTOR SERVICE has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €121,867 and a net result of -€19,336. Equity has been growing by about 26% per year since 2018. Its solvency ranks better than 63% of 22,774 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Official details
Source: KBO- Status
- Active since 15-01-2013 Normal situation
- Activity
- Retail sale of cars and light vans (up to 3.5 tonnes) NACE 47811and 1 other
- Establishment unit
- 2.216.588.867 1731 Asse, since 18-02-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- -€15,851
- Loss
- €19,336
- Equity
- €121,867
- ▼ 13.7%
- Total assets
- €250,613
- ▲ 15.9%
- 2025 accounts filed 21 days after the deadline
Score breakdownraises riskLoss of €19,336 (financial year 2025)Sector: Retail trade (NACE 47)lowers riskFounded in 2013Liquidity: current ratio 1.93, cash €54,268Show the evidence
Checked score
About 3 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 47, micro). It does better than 63% of them on solvency, 56% on liquidity, 21% on profitability and 24% 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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Signals
The company filed its last 7 accounts on average 15 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: Lower net result than 88% of companies in retail tradesector median €5,083 · 22,756 companies -€19,336 View
Recent changes
- · Gazette deed Legal-form change · Resignations & appointmentsChange of role: OUALIT EL FILALI Morad, from manager to director
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as FIRST MOTOR SERVICE: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €191,000 and €289,000, founded between 2011 and 2014.
| Company | Total assets | Gross margin |
|---|---|---|
| FIRST MOTOR SERVICE Sint-Jans-Molenbeek | €250,613 | -€15,851 |
| Y.D. HOLDING Sint-Gillis (bij-Brussel) | €190,820 | -€162 |
| Sint-Truiden Classic Cars Nieuwerkerken (Limb.) | €263,218 | -€13,258 |
| SPRL GARAGE LEYON GEOFFREY Sprimont | €229,530 | -€7,619 |
| CF PROJECTS Oudsbergen | €251,766 | €1,158 |
| De Schuur Oldtimers Hulshout | €227,507 | -€8,034 |
| City Cars Zemst | €288,958 | -€44,694 |
Key facts about FIRST MOTOR SERVICE
- What is the company number of FIRST MOTOR SERVICE?
- The company number of FIRST MOTOR SERVICE is 0502.475.440. The VAT number is the same number with BE in front: BE 0502.475.440.
- Where is FIRST MOTOR SERVICE based?
- The registered office is at Sippelberglaan 6, 1080 Sint-Jans-Molenbeek.Company details
- What does FIRST MOTOR SERVICE do?
- According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
- What is the legal form of FIRST MOTOR SERVICE?
- The legal form of FIRST MOTOR SERVICE is Private limited company (BV).
- When was FIRST MOTOR SERVICE founded?
- FIRST MOTOR SERVICE was founded on 15-01-2013.
- Is FIRST MOTOR SERVICE still active?
- Yes, FIRST MOTOR SERVICE is an active enterprise in the KBO register.
- What is the turnover of FIRST MOTOR SERVICE?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it. In financial year 2021 turnover was €1.0m.Financials
- Is FIRST MOTOR SERVICE profitable?
- In financial year 2025, FIRST MOTOR SERVICE made a loss of €19,336.
- Where can I find the annual accounts of FIRST MOTOR SERVICE?
- FIRST MOTOR SERVICE filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FIRST MOTOR SERVICE due?
- FIRST MOTOR SERVICE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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