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FIRSTEP

Active Private limited companyfounded 2010active for 16 yearsRue Cockroux 102, 4680 OupeyeKBO/BCE: BE 0824.300.258

Lifetime

16 annual accounts with figures on one time axis
peak €88,810 (2022)
€33,895▼ 60.7%
peak €56,207 (2020)
€4,166▼ 90.4%
peak €375,752 (2025)
€375,752▲ 0.5%
€55,887▼ 0.8%
Board1 name since 2010
1 director
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Gross margin from €86,299 to €33,895Result from €43,493 to €4,166

Key points

from the 2025 annual accounts

Equity

€375,752 ▲ 0.5%

FIRSTEP has made a profit in every financial year since 2010.

Filings

16 annual accounts since 2010
AprilJune31 JulyOctober2010201520202025

Seven of the last ten came late. The 2017 accounts came latest: 31 days after the end of the period.

Position in the sector

€375,752

More equity than 95% of companies in construction of buildings. Sector median €45,638 · 9,474 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 10,904 companies had the same profile as FIRSTEP has now. Each dot stands for 28 companies, two years later.

95.1%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 10,904 companies, not a prediction for FIRSTEP. 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

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Signals

Board and ownership

Director, since 25-03-2010
Board & ownership

Recent changes

Change of role: , from manager to director General meeting of 02-11-2023 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0824300258
First establishment Rue Cockroux 102, Oupeye
Incorporation published on 29-03-2010 · Gazette deed
All 26 events

Comparable companies

same main activity, similar in size and age
Company
FIRSTEP Oupeye €431,639 €33,895 87.1% -
SOGIBAT Seraing €504,634 €35,766 18.8% -
Im Brühl Amblève €412,464 €43,000 20.1% -
BATI-MANDIM Sint-Pieters-Leeuw €406,543 €36,927 63.1% -
INTER-BATI'RENOV Mons €488,606 €31,390 60.6% -
Nox Begijnendijk €407,005 €35,465 25.5% 0
RAMON CARL Wervik €464,211 €32,295 53.1% -

These companies have the same main activity as FIRSTEP: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €407,000 and €505,000, founded between 2007 and 2012.

Official details

Source: KBO
Status
Active since 25-03-2010Normal situation
Activity
General construction of residential buildingsNACE 41001and 1 other
Establishment unit
2.186.291.4134680 Oupeye, since 31-03-2010
Financial year end
31 December
Peppol
Reachable since 20-11-2020
Company details

Annual accounts 2025

≈ €240,000estimated
€431,639▲ 0.4%
Filing
Filed on 28-08-2026
Financials

Insights on FIRSTEP

FIRSTEP files the micro format. That format states no turnover. The gross margin rose from €18,838 in 2010 to €33,895 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 FIRSTEP

What is the company number of FIRSTEP?
The company number of FIRSTEP is 0824.300.258. The VAT number is the same number with BE in front: BE 0824.300.258.
Where is FIRSTEP based?
The registered office is at Rue Cockroux 102, 4680 Oupeye.Company details
What does FIRSTEP do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of FIRSTEP?
FIRSTEP is a private limited company (BV).
When was FIRSTEP founded?
FIRSTEP was founded on 25-03-2010.
Is FIRSTEP still active?
Yes, FIRSTEP is an active enterprise in the KBO register.
What is the turnover of FIRSTEP?
The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €33,895 and 164 comparable companies (NACE 41001). It probably lies between €130,000 and €430,000.Financials
Is FIRSTEP profitable?
In financial year 2025, FIRSTEP made a profit of €4,166.
Where can I find the annual accounts of FIRSTEP?
FIRSTEP filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FIRSTEP due?
FIRSTEP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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