Higher solvency than 95% of companies in food and beverage service. Sector median 29.8% · 4,125 companies.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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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
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0478524853
1 director appointed, 2 reappointments
Reappointments: Name after signing inVisible after signing in (director) and Name hiddenVisible after signing in (director) · Appointment: Hidden nameVisible after signing in (managing director) · Gazette deed
Resignations: Name after signing inVisible after signing in (director) and Name hiddenVisible after signing in (director)
General meeting of 13-06-2020 · Gazette deed
3 directors reappointedHidden nameVisible after signing in (managing director), Name after signing inVisible after signing in and Name hiddenVisible after signing in · Permanent representative: Hidden nameVisible after signing in · General meeting of 12-06-2020 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
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.
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