FIRST2
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 €24k and a net result of €35. The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €24k |
| Net result | €35 |
| Active | 9 yrs |
| Locations | 1 |
Mixed profile: strong on stability, weaker on profitability.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
Show 1 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | micro schema |
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €35 |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | - |
| Dividends | €80k |
| Total assets | €159k |
| Equity | €24k |
| Debt | €135k |
| of which ≤ 1y | €135k |
| of which > 1y | - |
| Working capital | n/a |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 15.2% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | 0.0% |
| ROE | 0.1% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
Full annual accounts (19 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €159k |
| Current assets | 29/58 | €159k |
| Amounts receivable within one year | 40/41 | €3k |
| Cash & bank | 54/58 | €156k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €159k |
| Equity | 10/15 | €24k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €31k |
| Accumulated profits (losses) | 14 | €-26k |
| Amounts payable | 17/49 | €135k |
| Amounts payable within one year | 42/48 | €135k |
| Trade debts payable within one year | 44 | €12k |
| Income statement | ||
| Gross operating margin | 9900 | €-6k |
| Operating result | 9901 | €-6k |
| Financial income | 75 | €6k |
| Financial charges | 65 | €40 |
| Result before taxes | 9903 | €35 |
| Net result for the period | 9904 | €35 |
| Result to be appropriated | 9905 | €35 |
| NACE primary | Activiteiten van holdings(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 20-07-2017 |
| Status | Active |
| Postal code | 3670 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72008A0093/00M003 | Flanders | 1,416 m² | 1 · 370 m² | 9.5 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
20-12-2023 Discharge granted to the board
Technical details
{
"events": [
{
"kind": "decharge_pending",
"role": null,
"person": null,
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "De algemene vergadering zal op de volgende jaarvergadering beslissen over de kwijting aan de ontslagnemende zaakvoerder voor de uitoefening van zijn mandaat.",
"decharge_status": "pending_next_agm",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "sole_shareholder_declaration",
"role": null,
"person": null,
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "Wordt hiermee neergelegd, de verklaring van het bestuursorgaan dat alle aandelen in \u00E9\u00E9n hand verenigd zijn cfr. artikel 2:8, \u00A74 en artikel 2:12 van het Wetboek van vennootschappen en verenigingen.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Ben TYSKENS",
"firm_city": null,
"firm_name": null,
"office_city": "Maaseik",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-12-20",
"filing_date": "2023-12-16",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2023-12-11",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2023-12-11",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2023-12-11",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2023-12-11",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2023-12-11",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2023-12-11",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2023-12-11",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2023-12-11",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2023-12-11",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2023-12-11",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2023-12-11",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2023-12-11",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2023-12-11",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2023-12-11",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0678.769.673",
"name_full": "FIRST2 BVBA",
"legal_form": "BVBA"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Ben Tyskens",
"org_rep_person_name": null,
"person_role_at_subject": "notaris"
},
"co_filed_documents": [
"gezegeld afschrift der akte - geco\u00F6rdineerde statuten - verslag bestuurder inzake verklaring eenhoofdigheid"
],
"corrected_publication_numac": null
}| Legal nameNL | FIRST2 |