Equity
-€13,467
Debts exceed assets in financial year 2025.
First Step
Lifetime
4 annual accounts with figures on one time axispeak of €194,650 in 2025
€194,650▲ 19.9%
lowest -€28,656 in 2025
-€28,656▼ €23,265
peak of €20,580 in 2023
-€13,467▼ €28,656
€176,607▲ 12.9%
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Gross margin from €162,293 to €194,650Loss of €28,656Equity from €15,189 to -€13,467Cash from €26,987 to €2,977
Key points
from the 2025 annual accountsLosses
-€34,048 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Debts
€176,607 108% of the balance sheet
Financial debts 23%Suppliers 26%Taxes and wages 10%Other 41%
Of this, €136,607 falls due within a year.
Staff
7 employees on 31-12-2025
In 2025, 4 people joined and 6 left.
Filings
4 annual accounts 61 days
Latest accounts filed late: after the legal deadline.
Position in the sector
-€13,467
Less equity than 92% of companies in social work without accommodation. Sector median €73,247 · 733 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 7,654 companies had the same profile as First Step has now. Each dot stands for 20 companies, two years later.
84.6%
were still trading
5.8%
stopped another way
8.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
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.
| 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 7,654 companies, not a prediction for First Step. 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 check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director, since 20-12-2021
Director, since 20-12-2021
- 64 sharesdeed of 24-12-2021
- 36 sharesdeed of 24-12-2021
Recent changes
Incorporation
Founding capital of €20,000, 100 shares · Founder: · Appointments: (statutory director) and (director) · published on 24-12-2021 · Gazette deed
First establishment
Sint-Remigiusweg 8, Haacht
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| First Step Haacht | €163,140 | €194,650 | -8.3% | - |
| Kinderdagverblijf Het Warm Nestje Bilzen-Hoeselt | €137,282 | €174,029 | 30.4% | - |
| Schatteloekes Aarschot | €200,419 | €198,045 | 39.5% | - |
| Neva Design Meise | €119,204 | €235,721 | 14.3% | - |
| LOTTE SCHEERS Tienen | €159,587 | €167,961 | 76.9% | - |
| Mini Garden Affligem | €158,074 | €201,648 | -4.1% | - |
| DE VLINDERTJES Tienen | €132,203 | €168,373 | 74.1% | - |
These companies have the same main activity as First Step: day nurseries and crèches (NACE 88911). They are comparable in size and age: total assets between €119,000 and €200,000, founded between 2021 and 2023.
Official details
Source: KBO- Status
- Active since 22-12-2021Normal situation
- Activity
- Day nurseries and crèchesNACE 88911
- Joint committee
- 331Flemish welfare and health sector · annual accounts 2025
- Establishment unit
- 2.329.959.1033150 Haacht, since 22-12-2021
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- ≈ €480,000estimated
- €163,140▼ 5.0%
- Employeeson 31-12-2025
- 7▼ 22.2%
- Filing
- Filed on 30-09-2026
Insights on First Step
First Step files the micro format. That format states no turnover. The gross margin rose from €94,541 in 2022 to €194,650 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 Step
- What is the company number of First Step?
- The company number of First Step is 0778.970.376. The VAT number is the same number with BE in front: BE 0778.970.376.
- Where is First Step based?
- The registered office is at Sint-Remigiusweg 8, 3150 Haacht.Company details
- What does First Step do?
- According to the KBO register, the main activity is day nurseries and crèches (NACE 88911).
- What is the legal form of First Step?
- First Step is a private limited company (BV).
- When was First Step founded?
- First Step was founded on 22-12-2021.
- Is First Step still active?
- Yes, First Step is an active enterprise in the KBO register.
- How many employees does First Step have?
- First Step had an average of 7.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does First Step fall under?
- In its 2025 annual accounts, First Step states joint committee 331 (Flemish welfare and health sector).
- What is the turnover of First Step?
- The turnover in financial year 2025 is ≈ €480,000. This figure is estimated from the gross margin of €194,650 and 2,459 comparable companies of the same size. It probably lies between €320,000 and €750,000. It is a rough estimate.
- Is First Step profitable?
- In financial year 2025, First Step made a loss of €28,656.
- Where can I find the annual accounts of First Step?
- First Step filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of First Step due?
- First Step must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.