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FIRST2

Active Risk: not assessed
Private limited companyfounded 2017active for 9 yearsHeikantstraat 43, 3670 Oudsbergen, BelgiumKBO/BCE: BE 0678.769.673

From the official registers: KBO 8 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

FIRST2 is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €24,144 and a net result of €35. Equity has been shrinking by about 5.5% per year since 2018. Its solvency ranks better than 20% of 9,750 sector peers (NACE 64, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 20-07-2017 Normal situation
Legal form
Private limited company
Registered office
Heikantstraat 43, 3670 Oudsbergen
Activity
Activities of holding companies NACE 64210and 1 other
Establishment unit
2.266.224.163 3670 Oudsbergen, since 20-07-2017
Financial year end
31 December
Peppol
Reachable since 31-03-2026

Board and ownership

Board

Financial position

Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts 2025
Profit
€35
Equity
€24,144
▼ 76.8%
Total assets
€159,215
▲ 0.9%
2025 accounts filed 28 days after the deadline
Filed on 28-08-2026at the National Bank
Signalsraises riskWeak solvency compared with the sector2025 accounts filed 28 days lateShow the evidence

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months

The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.

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Signals

Two signals.
raises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 9750 sector peers (2025).
NBB · sector comparison
Position among 9750 sector peers
Solvency
better than 20%
← weakest strongest →
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 8 filings
Deviation from the deadline
2025
28 days late
2024
33 days late
2023
39 days late
2022
30 days late
2021
21 days late
2020
20 days late
2019
30 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 29 days after the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.

Searched, nothing found (2)
neutral · 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 30 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Equity fell in 2025from €104,108 to €24,144 ▼ 76.8% View
  • Caution: Lower net result than 80% of companies in financial servicessector median €32,909 · 9,752 companies €35 View

Documents

Annual accounts at the NBB

All 8 annual accounts

Articles and registers

Key facts about FIRST2

What is the company number of FIRST2?
The company number of FIRST2 is 0678.769.673. The VAT number is the same number with BE in front: BE 0678.769.673.
Where is FIRST2 based?
The registered office is at Heikantstraat 43, 3670 Oudsbergen.Company details
What does FIRST2 do?
According to the KBO register, the main activity is activities of holding companies (NACE 64210).
What is the legal form of FIRST2?
The legal form of FIRST2 is Private limited company (BV).
When was FIRST2 founded?
FIRST2 was founded on 20-07-2017.
Is FIRST2 still active?
Yes, FIRST2 is an active enterprise in the KBO register.
What is the turnover of FIRST2?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is FIRST2 profitable?
In financial year 2025, FIRST2 made a profit of €35.
Where can I find the annual accounts of FIRST2?
FIRST2 filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of FIRST2 due?
FIRST2 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as FIRST2: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €124,000 and €188,000, founded between 2016 and 2018.

CompanyTotal assetsGross margin
FIRST2 Oudsbergen€159,215-€5,752
BOOKWIZE Sint-Truiden€144,568-€1,348
mon archi Heusden-Zolder€188,429€771
Sincere Invest Hasselt€125,884-€15,589
MAST consult Hasselt€124,145-€13,378
Prevadco Pelt€124,789-€2,966
IC Media Zonhoven€128,496-€5,099
Full comparison

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