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FIRST OPERA

Active Public limited companyfounded 2002active for 24 yearsAvenue du Vert Bocage 31, 1410 WaterlooKBO/BCE: BE 0478.524.853 subsidiary of #2 company by equity in Waterloo, Accommodation and food service sector

Lifetime

20 annual accounts with figures on one time axis, 23 filings since 2003
peak €1.6m (2019)
€984,750▼ 3.8%
lowest -€52,695 (2008)
€163,778▲ 53.7%
peak €2.9m (2025)
€2.9m▲ 6.0%
€191,951▼ 17.5%
peak 28.2 FTE (2009)
-not published
Board5 names since 2016
3 directors and 2 others
Owners4 names in the annual accounts
  
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Result from €106,525 to €163,778Debts from €232,735 to €191,951

Key points

from the 2025 annual accounts

Equity

€2.9m ▲ 6.0%

FIRST OPERA has made a profit without a break since 2009.

Result

€163,778 ▲ 53.7%
€107,0002024€164,0002025

The result rose in 2025 from €106,525 to €163,778.

Turnover

≈ €2.4m estimated

The accounts state no turnover.

Staff

13.9 FTE from 28.2 in 2009

Between 2009 and 2025, 51% of the full-time equivalents disappeared.

Filings

23 annual accounts since 2003
AprilJune31 JulyOctober20102020

Six of the last ten came late. The 2019 accounts came latest: 42 days after the end of the period.

Position in the sector

93.8%

Higher solvency than 95% of companies in food and beverage service. Sector median 29.8% · 4,125 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 20,135 companies had the same profile as FIRST OPERA has now. Each dot stands for 51 companies, two years later.

95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,135 companies, not a prediction for FIRST OPERA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Managing director
Director
Director
  • 99.76%annual accounts 2018
  • 0.08%annual accounts 2018
  • 0.08%annual accounts 2018
and 1 other shareholderBoard & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0478524853
1 director appointed, 2 reappointments Reappointments: (director) and (director) · Appointment: (managing director) · Gazette deed
Resignations: (director) and (director) General meeting of 13-06-2020 · Gazette deed
3 directors reappointed (managing director), and · Permanent representative: · General meeting of 12-06-2020 · Gazette deed
All 37 events

Comparable companies

same main activity, similar in size and age
Company
FIRST OPERA Waterloo €3.1m €1.0m 93.8% -
AMAJ Kinrooi €3.2m €1.0m 52.2% 16.5
MARC NÜCHTERN CATERING SERVICE Eupen €3.4m €0.8m 49.7% 36.9
AUX 3 FORTUNES Bornem €3.3m €1.3m 49.9% 11.5
TEN BOSSE Destelbergen €2.6m €0.9m 75.2% 9
ADA-GIO Beersel €3.3m €1.2m 80.8% 6
DKLJ Knokke-Heist €3.1m €1.4m 89.0% 12.6

These companies have the same main activity as FIRST OPERA: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €2.6m and €3.4m, founded between 1998 and 2007.

Official details

Source: KBO
Status
Active since 09-10-2002Normal situation
Activity
Full-service restaurantsNACE 56111and 1 other
Establishment unit
2.126.970.5671410 Waterloo, since 15-04-2003
Financial year end
31 December
Peppol
Reachable since 24-09-2025
Company details

Annual accounts 2025

€3.1m▲ 4.2%
Employeeson 31-12-2025
15▼ 11.8%
Filing
Filed on 31-08-2026
Financials

Insights on FIRST OPERA

FIRST OPERA files the abbreviated format. That format states no turnover. The gross margin rose from €813,301 in 2006 to €984,750 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about FIRST OPERA

What is the company number of FIRST OPERA?
The company number of FIRST OPERA is 0478.524.853. The VAT number is the same number with BE in front: BE 0478.524.853.
Where is FIRST OPERA based?
The registered office is at Avenue du Vert Bocage 31, 1410 Waterloo.Company details
What does FIRST OPERA do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of FIRST OPERA?
FIRST OPERA is a public limited company (NV).
When was FIRST OPERA founded?
FIRST OPERA was founded on 09-10-2002.
Is FIRST OPERA still active?
Yes, FIRST OPERA is an active enterprise in the KBO register.
How many employees does FIRST OPERA have?
FIRST OPERA had an average of 13.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of FIRST OPERA?
The turnover in financial year 2025 is ≈ €2.4m. This figure is estimated from the gross margin of €984,750 and 30 comparable companies (NACE 56111). It probably lies between €2.2m and €3.4m.
Is FIRST OPERA profitable?
In financial year 2025, FIRST OPERA made a profit of €163,778.
Where can I find the annual accounts of FIRST OPERA?
FIRST OPERA filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FIRST OPERA due?
FIRST OPERA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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