FIRST-ONE
Absorbed by SAVE GREEN SRLOverview
Overview
Official details
Source: KBO- Status
- Absorbed by SAVE GREEN SRL merger by absorption, April 2026
- Legal form
- Private limited company
- Activity
- “Vente, promotion, prospection de clientèle dans le domaine du gaz, de l'électricité, des panneaux…” (deed in French)From the articles, 10 activitiesNo NACE code in the KBO yet
- Financial year end
- 31 December
- Peppol
- Reachable since 05-12-2025
Financial position
No score
Annual accounts 2025
- Gross margin
- €3,612
- ▼ 47.2%
- Turnover
- ≈ €28,000
- estimated
- Profit
- €330
- ▼ 91.5%
- Equity
- €17,302
- =
- Total assets
- €80,893
- ▼ 16.7%
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 28-07-2026 at the NBB all 5 filings
Turnover
€48,000
EBIT margin
51.9%
Net result
€330▼ 91.5%
2024 · €3,865
Working capital
€10,953▲ 20.7%
2024 · €9,073
Multi-year overview
2021 to 2025, 5 financial yearsTurnover
no figure
2025
20212025
Operating result
€1,334
▼ 74.8%
2025
20212025
Net result
€330
▼ 91.5%
2025
20212025
EBIT margin
no figure
2025
20212025
Equity
€17,302
=
2025
20212025
Total assets
€80,893
▼ 16.7%
2025
20212025
Debt
€63,591
▼ 20.3%
2025
20212025
Working capital
€10,953
▲ 20.7%
2025
20212025
Every figure per financial year
Every figure with its change against the financial 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%
The operating result for 2025 is 75% lower than in 2024 and the lowest since 2021.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €80,893
Fixed assets
€6,349 ▼ 22.8%
Current assets
€74,544 ▼ 16.1%
Equity and liabilities €80,893
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
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.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €6,522 | €2,870 | - |
| Intangible fixed assets | €1,200 | - | - | - | - |
| Depreciation and write-downs of the year | €1,200 | - | €11 | €1,154 | €1,878 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| 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 | - |
| Change in cash | - | €56,924 | €8,536 | -€13,132 | -€67,806 | ▼ 416% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 28-07-2026 | 2026-00340030 | |
| 31-12-2024 | micro format | 08-08-2025 | 2025-00365712 | |
| 31-12-2023 | micro format | 21-08-2024 | 2024-00361611 | |
| 31-12-2022 | micro format | 01-08-2023 | 2023-00301066 | |
| 31-12-2021 | micro format | 27-07-2022 | 2022-20264930 |
Board & ownership
Directors
Directors
1 director, last change in 2026
HMICH Naïma
Current
Director · in office according to the deed of 04-03-2026 · listed in the 2025 annual accounts, filed on 28-07-2026
Owners and capital
Shareholders
1 ownerChain of control
- SAVE GREEN
- FIRST-ONE
Owners 1
- SAVE GREENparentEquity -€5,057 Profit of €2,923 in 2025 (profit of €3,054 in 2024) Checked score 55100%
Capital transactions
Shareholders according to the deeds
Stated in the deed
deed of 08-05-2026 ↗
- SAVE GREEN all shares
Stated in the deed
deed of 04-03-2026 ↗
- SAVE GREEN SRL (BE 0754.534.492) all shares · 100%
Network & group
Acquisitions and mergers
1 transactionTaken over by:SAVE GREEN SRL
Connections & network
1 current directorThe network starts from the directors of FIRST-ONE. Every other company they run is a node.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Deeds, filings and financial milestones
Deadline for the 2026 accounts:
2026
28-07
micro format · 3 days before the deadline
08-05
Gazette deed
Merger: absorbed by SAVE GREENDissolution of the company · Dissolved without liquidation · SAVE GREEN holds all the shares3 points ▸
Gazette deed
Merger: absorbed by SAVE GREEN
Dissolution of the company · Dissolved without liquidation · SAVE GREEN holds all the shares3 points ▸
- General meeting, 14-04-2026
- Accounting effect, 01-01-2026
- SAVE GREEN holds all the shares
- The deed holds 8 more points.
04-03
Gazette deed
Merger proposal: to be absorbed by SAVE GREEN SRLSAVE GREEN SRL holds all the shares4 points ▸
Gazette deed
Merger proposal: to be absorbed by SAVE GREEN SRL
SAVE GREEN SRL holds all the shares4 points ▸
- SAVE GREEN SRL holds all the shares
- Director in office, HMICH Naïma, mentioned twice in the deed
- Net-asset statement, 31-12-2025, mentioned twice in the deed
- Board composition, HMICH Naïma (sole director), mentioned twice in the deed
- The deed holds 5 more points.
2025
31-12
Financial
Weakest financial yearnet €330 ▼91.5%
The net result drops to €330, the lowest from 2021 to 2025.
08-08
micro format · 8 days late
2024
21-08
micro format · 21 days late
2023
01-08
micro format · 1 day late
2022
31-12
Financial
Highest result from 2021 to 2025net €30,099 ▲51.4%
The operating result of €37,729 and the net result of €30,099 are both a record.
27-07
micro format · 4 days before the deadline
2021
30-03
3 publications in the Belgian Official Gazette, the last on 08-05-2026
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
Absorbed by SAVE GREEN SRL in April 2026
FIRST-ONE is no longer in the KBO register. SAVE GREEN SRL took it over in a merger by absorption, published in the Belgian Official Gazette on 8 May 2026.
- Status
- Inactiveout of the register since 29 April 2026
- Reason
- Merger by absorptionBelgian Official Gazette, 8 May 2026 · deed
- Absorbed by
- SAVE GREEN SRL · 0754.534.492
- Last annual accounts
- financial year to 31 December 2025
- Last registered office
- Avenue P. Van Hoegarden 24, 4130 Esneuxas published on 8 May 2026
- Legal form
- Private limited company
- Active since
- 26 March 2021
Purpose, financial year and meetings according to the articles of association
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Vente, promotion, prospection de clientèle dans le domaine du gaz, de l'électricité, des panneaux photovoltaïques, des services…”
10 activities
- Vente, promotion, prospection de clientèle dans le domaine du gaz, de l'électricité, des panneaux photovoltaïques, des services d'assistance
- Location de moto, voiture, camionnette, ou poids lourd
- Achat, vente de véhicule neuf ou d'occasion
- Prestation informatique, développement de logiciel
- Prestation bureautique et administrative; Conseil en gestion
- Installation, vente de borne électrique, travaux électriques, chauffage, pompes à chaleur, panneaux photovoltaïques
- Commerce de gros et de détail en matériel de téléphonie, informatique et bureautique
- Activités immobilières: acquisition, gestion, promotion, construction, exploitation
- Exploitation et gestion d'établissements HORECA
- Et de manière générale, toutes opérations commerciales, industrielles, financières, mobilières et immobilières se rapportant à son objet social
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “7. Assemblée générale L'assemblée générale appelée à se prononcer sur la fusion se tiendra dans les délais prévus par le CSA, soit au plus…”
Articles of association, deed of 04-03-2026 (in French)