First Retail International

Active

Public limited companyfounded 2012active for 14 yearsAlfons Gossetlaan 34, 1702 Dilbeek, Belgium44 active companies are registered at this addressKBO/BCE: BE 0844.591.965

From the official registers: KBO 14 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

First Retail International has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of -€248,316. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 95% of 2,804 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow Report Compare

First Retail InternationalActiveChecked score 92/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 21-03-2012 Normal situation
Legal form: Public limited company
Registered office: Alfons Gossetlaan 34, 1702 Dilbeek
Activity: Other business support services NACE 82990and 4 others
Establishment unit: 2.208.548.953 1702 Dilbeek, since 21-03-2012
Financial year end: 31 December
Peppol: Reachable since 14-11-2025

Company details

Who decides

Board

Consuco NVDirector · permanent representative Alfred Bouckaert
Nextgen BVDirector · permanent representative Jean-Marc Heynderickx
Banque ThalerDirector · permanent representative Dirk Eelbode
KBC Pensioenfonds OFPDirector · permanent representative Niels Fransen

and 7 other directors

Auditor: Ernst & Young Bedrijfsrevisoren BV

Shareholders

MITISKA13.32%annual accounts 2025

Holdings: Shares in 1 company Intercora Property SRL

Board & ownership

How it is doing

92 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.1%

Annual accounts 2025

Gross margin: -€274,770
Loss: €248,316
Equity: €1.2m; ▼ 62.2%
Total assets: €1.2m; ▼ 61.9%

2025 accounts 81 days early

Filed on 11-05-2026PDF

Financials

Why 92raises riskLoss of €248,316 (financial year 2025)1 change of registered office in 24 monthslowers riskLiquidity: current ratio 83.09, cash €1.1mSize: total assets €1.2mShow the evidence

Checked score

Score 2025

92 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 50% of its sector peers (NACE 82, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 100=

equity 98.8% of total assets

Liquidity 100+43

short-term debt 1.2% · cash 91.6%

Profitability 0-100

return on assets -20.8%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (12,668 companies, NACE 82, micro)

Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.2%▲ +0.1 percentage points vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.3%▲ +0.1 percentage points vs 04-2025highest value 06-2025: 0.1%▼ -0.2 percentage points vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026

Credit of up to €100,000 on 30-day terms is acceptable

Liquidity ample (current ratio 83.09, above the usual 1.5; short-term debt: 1.2% and cash: 91.6% of total assets), and 1.2% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 82, micro): better than 88% on solvency, 97% on liquidity, 5% on profitability and 10% on growth.

The bankruptcy probability was computed on 31-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Loss of €248,316 (financial year 2025)

NBB · annual accounts

1 change of registered office in 24 months

Belgian Official Gazette

Liquidity: current ratio 83.09, cash €1.1m

NBB · annual accounts

Size: total assets €1.2m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-05-2026, 81 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

81 days early

2024

84 days early

2023

79 days early

2022

77 days early

2021

62 days early

2020

54 days early

2019

44 days early

← before the deadline after the deadline →

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

This company filed its last 7 accounts on average 69 days before the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 14 May (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

31-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Caution: From profit to loss in 2025after €1.4m in 2024 -€248,316 View
Caution: Among the weakest 5% on net resultsector median €20,974 · 2,806 companies -€248,316 View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Documents

Key facts about First Retail International

What is the company number of First Retail International?: 0844.591.965. In Belgium the VAT number is the company number with BE in front: BE 0844.591.965.
Where is First Retail International based?: The registered office is at Alfons Gossetlaan 34, 1702 Dilbeek.Company details
What does First Retail International do?: According to the KBO register, the main activity is other business support services (NACE 82990).
What is the legal form of First Retail International?: Public limited company (NV).
When was First Retail International founded?: On 21-03-2012.
Is First Retail International still active?: Yes, First Retail International is an active enterprise in the KBO register.
What is the turnover of First Retail International?: The annual accounts for financial year 2025 state no turnover. In financial year 2023 turnover was -€45,232.Financials
Is First Retail International profitable?: In financial year 2025, First Retail International made a loss of €248,316.
Where can I find the annual accounts of First Retail International?: First Retail International filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of First Retail International due?: By 31-07-2027, for financial year 2026.Timeline