FIRST-ONE

Inactive

Private limited companyfounded 2021Avenue P. Van Hoegaerden 24, 4130 Esneux, BelgiumKBO/BCE: BE 0765.713.446

Inactive since 29-04-2026; last annual accounts for fiscal year 2025. Dissolved without liquidation.

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FIRST-ONEInactive

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Signals

1 signal. The signal on the left, the evidence on the right.

○neutral

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

3 d early

2024

8 d late

2023

21 d late

2022

1 d late

2021

4 d early

← before the deadline after the deadline →

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

This company filed its last 5 accounts on average 5 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

FIRST-ONE was incorporated on 26 March 2021 as a Private limited company.¹ Total assets rose from EUR 44,978 in 2021 to EUR 80,893 in 2025.²

Go further with this company

Who ran this company, and where was it based, on a date before the end?Company as of a date How is the Telecommunications resale and intermediation services sector doing?Sector figures

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Turnover

€48,000

EBIT margin

51.9%

Net result

€330▼ 91.5%

2024 · €3,865

Working capital

€10,953▲ 20.7%

2024 · €9,073

Trend over the years

Chart Table

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before

favourable unfavourable

Line20212022202320242025

Turnover€48,000-

Operating result€24,918-€37,729▲ 51.4%€2,605▼ 93.1%€5,295▲ 103%€1,334▼ 74.8%

Net result€19,875-€30,099▲ 51.4%€1,462▼ 95.1%€3,865▲ 164%€330▼ 91.5%

EBIT margin51.9%-

Equity€21,875-€51,973▲ 138%€13,435▼ 74.2%€17,300▲ 28.8%€17,302=

Total assets€44,978-€94,010▲ 109%€126,108▲ 34.1%€97,103▼ 23.0%€80,893▼ 16.7%

Debt€23,103-€42,037▲ 82.0%€112,673▲ 168%€79,803▼ 29.2%€63,591▼ 20.3%

Working capital€21,875-€51,973▲ 138%€6,924▼ 86.7%€9,073▲ 31.0%€10,953▲ 20.7%

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

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 75% below 2024 and is the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €80,893

92.2%

Fixed assets €6,349 ▼ 22.8%

Current assets €74,544 ▼ 16.1%

Equity and liabilities €80,893

21.4%

78.6%

Equity €17,302 =

Debt €63,591 ▼ 20.3%

Debt's share of the balance-sheet total falls from 82.2% to 78.6%. Debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€3,212▼

2024 · €6,449

Cash flow

€2,208▼

2024 · €5,019

Current ratio

1.17▲

2024 · 1.11

Debt to equity

3.68▼

2024 · 4.61

ROE

1.9%▼

2024 · 22.3%

ROA

0.4%▼

2024 · 4.0%

Interest coverage

38.24▼

2024 · 52.99

Debt ≤ 1 year

€63,591▼

2024 · €79,803

Income taxes

€921▼

2024 · €1,309

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines

Balance sheet Code20242025

Assets

Total assets20/58€97,103€80,893▼

Fixed assets21/28€8,227€6,349▼

Tangible fixed assets22/27€8,227€6,349▼

Plant, machinery and equipment23€8,227€6,349▼

Current assets29/58€88,875€74,544▼

Amounts receivable within one year40/41-€53,475

Trade receivables40-€53,400

Other amounts receivable41-€75

Cash at bank and in hand54/58€88,875€21,069▼

Equity and liabilities

Total equity and liabilities10/49€97,103€80,893▼

Equity10/15€17,300€17,302=

Contributions10/11€2,000€2,000=

Profit (loss) carried forward14€15,300€15,302=

Amounts payable17/49€79,803€63,591▼

Amounts payable within one year42/48€79,803€63,591▼

Trade debts44€7,304-

Suppliers440/4€7,304-

Taxes, remuneration and social security45€16,892€13,749▼

Taxes450/3€7,092€13,749▲

Remuneration and social security454/9€9,800-

Other amounts payable47/48€55,607€49,842▼

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,154€1,878▲

Other operating charges640/8€387€400▲

Gross operating margin9900€6,837€3,612▼

Operating profit (loss)9901€5,295€1,334▼

Financial charges65/66B€122€84▼

Recurring financial charges65€122€84▼

Profit (loss) for the period before taxes9903€5,174€1,250▼

Income taxes67/77€1,309€921▼

Profit (loss) for the period9904€3,865€330▼

Profit (loss) for the period to be appropriated9905€3,865€330▼

Appropriation of the result

Profit (loss) to be appropriated9906€15,300€15,302=

Profit (loss) brought forward from the previous period14P€11,435€14,973▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2021	2022	2023	2024	2025	Change
Turnover70	€48,000	-	-	-	-	-
Goods, raw materials, services and sundry goods60/61	€21,535	-	-	-	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€1,200	-	€11	€1,154	€1,878	▲ 62.8%
Other operating charges640/8	€348	€348	€384	€387	€400	▲ 3.2%
Gross operating margin9900	€26,465	€38,077	€3,000	€6,837	€3,612	▼ 47.2%
Operating profit (loss)9901	€24,918	€37,729	€2,605	€5,295	€1,334	▼ 74.8%
Financial charges65/66B	€74	€106	€538	€122	€84	▼ 31.0%
Recurring financial charges65	€74	€106	€538	€122	€84	▼ 31.0%
Profit (loss) for the period before taxes9903	€24,843	€37,623	€2,067	€5,174	€1,250	▼ 75.8%
Income taxes67/77	€4,969	€7,525	€605	€1,309	€921	▼ 29.7%
Profit (loss) for the period9904	€19,875	€30,099	€1,462	€3,865	€330	▼ 91.5%
Profit (loss) for the period to be appropriated9905	€19,875	€30,099	€1,462	€3,865	€330	▼ 91.5%

Line	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€44,978	€94,010	€126,108	€97,103	€80,893	▼ 16.7%
Fixed assets21/28	-	-	€6,511	€8,227	€6,349	▼ 22.8%
Tangible fixed assets22/27	-	-	€6,511	€8,227	€6,349	▼ 22.8%
Plant, machinery and equipment23	-	-	€6,511	€8,227	€6,349	▼ 22.8%
Current assets29/58	€44,978	€94,010	€119,597	€88,875	€74,544	▼ 16.1%
Amounts receivable within one year40/41	€8,430	€538	€17,589	-	€53,475	-
Trade receivables40	€8,430	€538	€9,680	-	€53,400	-
Other amounts receivable41	-	-	€7,909	-	€75	-
Cash at bank and in hand54/58	€36,547	€93,472	€102,008	€88,875	€21,069	▼ 76.3%
Equity and liabilities
Total equity and liabilities10/49	€44,978	€94,010	€126,108	€97,103	€80,893	▼ 16.7%
Equity10/15	€21,875	€51,973	€13,435	€17,300	€17,302	=
Contributions10/11	€2,000	€2,000	€2,000	€2,000	€2,000	=
Profit (loss) carried forward14	€19,875	€49,973	€11,435	€15,300	€15,302	=
Amounts payable17/49	€23,103	€42,037	€112,673	€79,803	€63,591	▼ 20.3%
Amounts payable within one year42/48	€23,103	€42,037	€112,673	€79,803	€63,591	▼ 20.3%
Trade debts44	€1,694	€3,819	€37,546	€7,304	-	-
Suppliers440/4	€1,694	€3,819	€37,546	€7,304	-	-
Taxes, remuneration and social security45	€12,108	€28,456	€21,343	€16,892	€13,749	▼ 18.6%
Taxes450/3	€12,108	€26,456	€21,343	€7,092	€13,749	▲ 93.9%
Remuneration and social security454/9	-	€2,000	-	€9,800	-	-
Other amounts payable47/48	€9,301	€9,762	€53,783	€55,607	€49,842	▼ 10.4%

Line	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	€19,875	€30,099	€1,462	€3,865	€330	▼ 91.5%
+ Depreciation and write-downs630	€1,200	-	€11	€1,154	€1,878	▲ 62.8%
Operating cash flow (approximation)	€21,075	€30,099	€1,472	€5,019	€2,208	▼ 56.0%
Investment in fixed assets (approximation)	-	-	-	-€2,870	€0	▲ 100%
Change in cash	-	€56,924	€8,536	-€13,132	-€67,806	▼ 416%

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 8Financial 2Gazette 1Filings 5

Next filing, fiscal year 2026, expected by 31-07-2027

2026

28-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

04-03

State Gazette act Capital & shares · Restructuring

Merger · Accounting effect · Net-asset statement6 facts ▸

Merger, absorption, fusion simplifiée mère-fille
Accounting effect, 01-01-2026
Net-asset statement, 31-12-2025
Net-asset statement, 31-12-2025
Dissolution
Ownership, 100

2025

31-12

Financial Weakest financial yearnet €330 ▼91.5%

Net result drops to €330, the lowest in the series.

08-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 8 days late

2024

21-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 21 days late

2023

01-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 1 day late

2022

31-12

Financial Highest result since 2021net €30,099 ▲51.4%

Operating result €37,729, net result €30,099, both a record.

27-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

1 of 3 acts read

About the unread acts

Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

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Structure & network

Connections & network

No current directors or connected companies found in the register.

Acquisitions and mergers

1 transaction

Taken over by:SAVE GREEN SRL

BE 0754.534.492merger by absorption · proposal · State Gazette act of 06-03-2026 (2 acts)

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Identification & contact

Identification

Legal formPrivate limited company

Founded26-03-2021

Fiscal year end31-12

Activities, NACEBEL 2025

61200Telecommunications resale and intermediation services

47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels

70200Business and other management consultancy

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