FIRSTEP
ActiveFIRSTEP has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €376k and a net result of €4k. Equity is growing by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 92% of 7452 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-11
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 7.57 against 8.6 in 2024; short-term debt: 11.8% and cash: 70.5% of total assets), and 12.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
87.1%
Return on assets
1%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
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. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
6 d early
2023
26 d late
2022
30 d late
2021
26 d late
2020
3 d early
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€376k▲ 0.5%
2024 · €374k
2018: €136k
2019: €182k
2020: €238k
2021: €263k
2022: €310k
2023: €330k
2024: €374k
2018 → 2025
Total assets
€432k▲ 0.4%
2024 · €430k
2018: €232k
2019: €254k
2020: €333k
2021: €320k
2022: €373k
2023: €422k
2024: €430k
2018 → 2025
Net result
€4k▼ 90.4%
2024 · €43k
2018: €5k
2019: €46k
2020: €56k
2021: €25k
2022: €47k
2023: €21k
2024: €43k
2018 → 2025
Working capital
€335k▲ 4.9%
2024 · €319k
2018: €122k
2019: €170k
2020: €213k
2021: €232k
2022: €278k
2023: €272k
2024: €319k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€263k-€310k▲ 17.7%€330k▲ 6.7%€374k▲ 13.2%€376k▲ 0.5%
Operating result€57k-€74k▲ 30.0%€28k▼ 61.4%€63k▲ 123%€10k▼ 84.7%
Net result€25k-€47k▲ 89.1%€21k▼ 55.4%€43k▲ 109%€4k▼ 90.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 85% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €432k
Fixed assets
€45k▼ 33.9%
Current assets
€386k▲ 6.9%
Equity and liabilities €432k
Equity
€376k▲ 0.5%
Debt
€56k▼ 0.8%
The debt ratio falls from 13.1% to 12.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€33k▼
2024 · €85k
Cash flow
€27k▼
2024 · €65k
Solvency
87.1%▲
2024 · 86.9%
Current ratio
7.57▼
2024 · 8.60
Quick ratio
7.29▼
2024 · 8.26
Debt / equity
0.15▼
2024 · 0.15
ROE
1.1%▼
2024 · 11.6%
ROA
1.0%▼
2024 · 10.1%
Interest coverage
26.49▼
2024 · 52.53
Debt
€56k▼
2024 · €56k
Debt ≤ 1 year
€51k▲
2024 · €42k
Debt > 1 year
€5k▼
2024 · €14k
Income taxes
€7k▼
2024 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€430k€432k▲
Fixed assets21/28€69k€45k▼
Tangible fixed assets22/27€68k€45k▼
Furniture and vehicles24€68k€45k▼
Financial fixed assets28€359€359=
Current assets29/58€361k€386k▲
Stocks and contracts in progress3€14k€14k=
Stocks30/36€14k€14k=
Amounts receivable within one year40/41€25k€68k▲
Trade receivables40€8k€64k▲
Other amounts receivable41€16k€4k▼
Cash at bank and in hand54/58€323k€304k▼
Equity and liabilities
Total equity and liabilities10/49€430k€432k▲
Equity10/15€374k€376k▲
Contributions10/11€20k€20k=
Reserves13€134k€136k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€132k€134k▲
Profit (loss) carried forward14€220k€220k▼
Amounts payable17/49€56k€56k▼
Amounts payable after more than one year17€14k€5k▼
Financial debts170/4€14k€5k▼
Amounts payable within one year42/48€42k€51k▲
Current portion of amounts payable after more than one year42€9k€9k▲
Trade debts44€14k€27k▲
Suppliers440/4€14k€27k▲
Taxes, remuneration and social security45€19k€14k▼
Taxes450/3€15k€10k▼
Remuneration and social security454/9€4k€4k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€23k▲
Other operating charges640/8€1k€928▼
Gross operating margin9900€86k€34k▼
Operating profit (loss)9901€63k€10k▼
Financial income75/76B€664€3k▲
Recurring financial income75€664€3k▲
Non-recurring financial income76B-€0
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Non-recurring financial charges66B€441-
Profit (loss) for the period before taxes9903€62k€11k▼
Income taxes67/77€19k€7k▼
Profit (loss) for the period9904€43k€4k▼
Profit (loss) for the period to be appropriated9905€43k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€263k€224k▼
Profit (loss) brought forward from the previous period14P€220k€220k▲
Transfer to equity691/2€43k€4k▼
To other reserves6921€43k€4k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet €4k ▼90.4%
Net result drops to €4k, the lowest in the series.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €56k ▲23.3%
Net result €56k, the highest in the series.
31-12
Financial
Equity above €200kEq €238k ▲30.9%
3 profitable years in a row build equity to €238k.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €150kEq €182k ▲33.4%
2 profitable years in a row build equity to €182k.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oupeye · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Cockroux 1024680 OupeyeGround area
1,760 m²
Building footprint
146 m²
Volume, LiDAR
842 m³
Parcel 62079A0514/00H000, Wallonia · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue Cockroux 102, 4680 Oupeye
since 20102.186.291.413
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62079A0514/00H000 | Wallonia | 1,760 m² | 1 · 146 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
26 categoriesFIRSTEP SRL32310
Similar companies · same sector, comparable size
ETABLISSEMENTS VALLONS ET COMPAGNIE
BE 0476.340.076
Nivelles · Eq €376k
PRO SPROJECT
BE 0765.780.455
Schaarbeek · Eq €376k
HOFMAN MONTAGE
BE 0884.935.255
Hamme (Vl.) · Eq €376k
ADN IMMOCHATEAU
BE 0736.339.569
Beauraing · Eq €376k
SAVARI INVEST
BE 0545.744.665
Charleroi · Eq €375k
Of 29,801 companies in sector 41001 we hold annual accounts for 16,050. 10,267 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-03-2010
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.