Equity
-€78,248
Debts exceed assets in financial year 2025.
FirstMate
Lifetime
1 annual account with figurespeak -€81,439 (2025)
-€81,439
lowest -€90,248 (2025)
-€90,248
peak -€78,248 (2025)
-€78,248
€727,010
Board3 names since 2024
2 directors and 1 other
Documentsfilings and deeds
08-07-202623 days before the deadline
2025micro format
Loss of €90,248Registered office moved from Antwerp to Ghent 01-08First year with figures
Key points
from the 2025 annual accountsDebts
€727,010 112% of the balance sheet
Financial debts 89%Suppliers 11%Taxes and wages 0%
Of this, €82,010 falls due within a year.
Position in the sector
-€90,248
Lower net result than 95% of companies in computer programming and consultancy. Sector median €28,031 · 22,044 companies.
Turnover not published (micro format)
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 FirstMate 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 0.8% 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 FirstMate. 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 16-09-2024
Director, , since 16-09-2024
- 4,000 sharesdeed of 18-09-2024
- 4,000 sharesdeed of 18-09-2024
- 4,000 sharesdeed of 18-09-2024
Recent changes
Registered office moved within Ghent
New registered office: Korianderstraat 2 bus G, 9000 Gent · Previous registered office: Sint Pietersnieuwstraat 11, 9000 Gent · General meeting of 19-06-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1013628620
Registered office moved from Antwerp to Ghent
New registered office: Sint Pietersnieuwstraat 11, 9000 Gent · Previous registered office: Unitaslaan 81, 2100 Antwerpen · Resignation: (niet statutair benoemd bestuurder) · Board meeting of 21-05-2025 · Gazette deed
Incorporation
Founders: , and · 12,000 shares · Appointments: , and · published on 18-09-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FirstMate Ghent | €648,761 | -€81,439 | -12.1% | - |
| Peepel Ghent | €554,205 | -€765,664 | 77.8% | - |
| SPOTABLE Kuurne | €758,511 | -€650,324 | -55.9% | - |
| Driven Tech Antwerp | €714,060 | -€153,592 | 93.5% | - |
| Emma Legal Ghent | €780,153 | -€944,003 | 82.2% | 1.5 |
| Eagl Ghent | €625,488 | -€352,646 | -58.5% | - |
| The software crew Ghent | €854,867 | -€403,453 | 81.3% | - |
These companies have the same main activity as FirstMate: computer programming (NACE 62100). They are comparable in size and age: total assets between €554,000 and €855,000, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 16-09-2024Normal situation
- Registered office
- 10 active companies are registered at this addressSource: KBO register, as of 12 November 2026.
- Activity
- Computer programmingNACE 62100and 1 other
- Establishment unit
- 2.364.049.4559000 Ghent, since 16-09-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 16-02-2026
Annual accounts 2025
- €648,761
- Employeeson 31-12-2025
- 1
- Filing
- Filed on 08-07-2026, 23 days before the end of the filing period
Insights on FirstMate
The 2025 annual accounts show negative equity (-€78,248) and a net result of -€90,248. Its solvency ranks better than 8% of 22,039 sector peers (NACE 62, financial year 2025).
The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
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 FirstMate
- What is the company number of FirstMate?
- The company number of FirstMate is 1013.628.620. The VAT number is the same number with BE in front: BE 1013.628.620.
- Where is FirstMate based?
- The registered office is at Korianderstraat 2, 9000 Ghent.Company details
- What does FirstMate do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of FirstMate?
- FirstMate is a private limited company (BV).
- When was FirstMate founded?
- FirstMate was founded on 16-09-2024.
- Is FirstMate still active?
- Yes, FirstMate is an active enterprise in the KBO register.
- How many employees does FirstMate have?
- FirstMate had an average of 0.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of FirstMate?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
- Is FirstMate profitable?
- In financial year 2025, FirstMate made a loss of €90,248.
- Where can I find the annual accounts of FirstMate?
- FirstMate filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
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