At the same address
67 companies
FirstMovers
Overview
Lifetime
1 annual account with figurespeak €498 (2025)
€498
peak €198 (2025)
€198
peak €198 (2025)
€198
-not published
Board4 names since 2025
4 directorsAlexandre Demain and 3 others
Documentsfilings and deeds
25-01-2026187 days before the deadline
2025micro format
Incorporation 22-04First year with figures
Key points
from the 2025 annual accountsPosition in the sector
€198
Less equity than 90% of companies in membership organisations. Sector median €146,992 · 498 companies.
Checked score
99
Excellent
Financially stronger than 89% of micro companies in membership organisations (NACE 94)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: < 0.1% across 1,220 companies (NACE 94, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
05-2026: < 0.1%lowest value
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026highest value
11-2026: < 0.1%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
lowers risk
Legal form: non-profit association
Sector: Activities of membership organisations (NACE 94)
Liquidity: cash €198
Figures for financial year 2025 (filed on 25-01-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 94, micro). It does better than 79% of them on solvency, 92% on liquidity and 95% on profitability.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as FirstMovers has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of FirstMovers itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 | 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 11,279 companies, not a prediction for FirstMovers. 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 check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Young company
Founded in 2025, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-01-2026, 187 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
187 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
4 directors reappointed
Alexandre Demain (co voorzitter dagelijks bestuur), Guillaume-Constant Claes (co voorzitter dagelijks bestuur), Emma Hanegraef (co voorzitter dagelijks bestuur) and Laurens De Poorter · General meeting of 07-01-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1022450571
Incorporation
Founders: Demain Alexandre, Guillaume-Constant Claes, Hanegraef Emma and 1 other · Appointments: Demain Alexandre (chair), Guillaume-Constant Claes (chair), Hanegraef Emma (chair) and De Poorter Laurens · Founder: Demain Alexandre · published on 22-04-2025 · Gazette deed
Comparable companies
same main activity, the nearest in size| Company | ||||
|---|---|---|---|---|
| FirstMovers Brussels | €498 | 39.8% | 100.0% | - |
| Green Innovation and Smart Education Consulting Group Sint-Pieters-Leeuw | - | - | -966.7% | - |
| De Wermste Dries Linter | €1,565 | -29.6% | -31.4% | - |
| TBR-Bus Mechelen | - | - | -2531.4% | - |
| Bevrijding van de Schelde - van Antwerpen tot Walcheren Essen | €4,972 | 30.0% | 94.0% | - |
| Volkshuis Heist Knokke-Heist | - | - | -4755.7% | - |
| FANNY AIDE, SECOURS ET DEVELOPPEMENT DE LA RDC Charleroi | - | - | -2779.1% | - |
Grey: the largest companies of the sector (membership organisations (NACE 94)), without their names. Blue: the sector peers from the table.
These companies have their main activity in the same NACE class as FirstMovers: activities of membership organisations (NACE 9499). With exactly the same main activity (NACE 94992), too few companies are of comparable size. They are larger than FirstMovers: total assets between €430 and €1,540, founded between 2016 and 2025.
Official details
Source: KBO- Status
- Active since 16-04-2025Normal situation
- Registered office
- 68 active companies are registered at this address7 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Activities of membership organisationsNACE 94992
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Annual accounts 2025
- €498
- €198
- €198
- €198
- Filing
- Filed on 25-01-2026, 187 days before the end of the filing period
Insights on FirstMovers
FirstMovers has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €198 and a net result of €198.
Its solvency ranks better than 95% of 498 sector peers (NACE 94, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 25-01-2026, 187 days before the deadline€498
€198
-
-
-
-
Balance sheet
balance sheet total €198 on 31-12-2025What the company ownsHow it is paid for
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
198 | |
29/58 |
198 | |
54/58 |
198 | |
| Balance sheet: equity and liabilities | ||
10/49 |
198 | |
10/15 |
198 | |
14 |
198 | |
| Income statement | ||
70 |
498 | |
9900 |
498 | |
640/8 |
300 | |
9901 |
198 | |
9903 |
198 | |
9904 |
198 | |
9905 |
198 | |
| Appropriation of the result | ||
9906 |
198 | |
| Document | ||
Source: Annual accounts 2025 at the NBB, filed on 25-01-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 25-01-2026 | 2026-00012991 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 39.8% |
The ratios are withheld because a balance sheet total of €198 is too small for a meaningful ratio.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Board & ownership
Board
4 directors, 3 in day-to-day management, no change since January 2026Director and co voorzitter dagelijks bestuur
appointed by deed of 22-04-2025
one-year term from 2026
Director, co voorzitter dagelijks bestuur and treasurer
appointed by deed of 22-04-2025
one-year term from 2026
Director and co voorzitter dagelijks bestuur
appointed by deed of 22-04-2025
one-year term from 2026
Director
appointed by deed of 22-04-2025
one-year term from 2026
also on the board of 1 other company
- Alexandre Demain, Emma Hanegraef, Guillaume-Constant Claes
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Artikel 9. Bevoegdheden van het bestuursorgaan en bestuursleden Het bestuursorgaan is collegiaal bevoegd om de Vereniging in alle…”deed of 22-04-2025
Mandates through the years
4 names, the dashed line is todayAlexandre Demain
Director, Chair
Director, Chair
Emma Hanegraef
Director, Chair, Treasurer
Director, Chair, Treasurer
Guillaume-Constant Claes
Director, Chair
Director, Chair
Laurens De Poorter
Director
Director
LeadershipBoardOther functionRest of the term
Mandates as a list
- Alexandre Demain
- Director, appointed by deed of 22-04-2025, still in office
- Chair, appointed by deed of 22-04-2025, still in office
- Emma Hanegraef
- Director, appointed by deed of 22-04-2025, still in office
- Treasurer, appointed by deed of 22-04-2025, still in office
- Chair, appointed by deed of 22-04-2025, still in office
- Guillaume-Constant Claes
- Director, appointed by deed of 22-04-2025, still in office
- Chair, appointed by deed of 22-04-2025, still in office
- Laurens De Poorter
- Director, appointed by deed of 22-04-2025, still in office
Control
This company
FirstMovers
Equity €198
Profit €198 in 2025
Articles of association
deed of 22-04-2025 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At most 4 directors“Twaalf maanden, algemene vergadering van leden”“Enkelvoudig stemrecht met gewone meerderheid, natuurlijke of rechtspersonen”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- In December
Founders
At incorporation
deed of 22-04-2025 ↗
- Demain Alexandre founder
- Guillaume-Constant Claes founder
- Hanegraef Emma founder
- De Poorter Laurens founder
Network & group
No group
FirstMovers has no parent and no holdings in its annual accounts.
At the same address
Karel Martelstraat 8, 1000 Brussels · 67 other companies| Syndicate One Vintage 2
registered office since 07-11-2023 · founded in 2023 |
total assets €5.1m (2025) 1001.994.459 |
| THINKYOUNG
registered office since 01-04-2016 · founded in 2010 · accounts filed late |
total assets €2.0m (2024) 0822.537.531 |
| Syndicate One
registered office since 05-01-2022 · founded in 2022 |
total assets €1.5m (2025) 0779.736.280 |
| WOKE LLN
registered office since 20-01-2015 · founded in 2015 · negative equity (2025) |
11 FTE (2025) 0568.889.558 |
| The Mug Enghien
establishment since 01-03-2019 · founded in 2017 |
4.8 FTE (2025) 0676.565.595 |
| WOKE NOODLE BAR
registered office since 28-04-2006 · founded in 2006 |
total assets €788,870 (2025) 0880.614.401 |
| LEXACCOUNT
registered office since 11-03-2008 · founded in 2008 |
total assets €472,266 (2025) 0896.435.495 |
| PROSONIX
establishment since 05-02-2010 · founded in 2010 |
total assets €394,134 (2025) 0822.954.136 |
| FLEX HOME
registered office since 01-01-2009 · founded in 2008 · negative equity (2025) |
total assets €368,719 (2025) 0807.287.646 |
| The European Correspondent
registered office since 01-08-2025 · founded in 2024 |
total assets €356,877 (2025) 1008.230.470 |
Earlier ties
| Academics for Technology via Emma Hanegraef, no longer at Academics for Technology · Director · deed of 02-09-2022 |
founded in 2014 |
| TELECORONA via Laurens De Poorter, no longer at TELECORONA · Director · deed of 08-04-2020 No longer active |
Connections & network
1 connected companyThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
→
Timeline
Timeline
4 events since 2025Board
Filings
20252026
2026
4 directors reappointedAlexandre Demain (co voorzitter dagelijks bestuur), Guillaume-Constant Claes (co voorzitter dagelijks bestuur), Emma Hanegraef (co voorzitter dagelijks bestuur) and Laurens De Poorter · General meeting of 07-01-20269 points ▸
- General meeting, 07-01-2026
- Director reappointment, Alexandre Demain
- Director reappointment, Guillaume-Constant Claes
- Director reappointment, Emma Hanegraef
- Director reappointment, Laurens De Poorter
- Director reappointment, Alexandre Demain (co voorzitter dagelijks bestuur)
- Director reappointment, Guillaume-Constant Claes (co voorzitter dagelijks bestuur)
- Director reappointment, Emma Hanegraef (co voorzitter dagelijks bestuur)
- Director reappointment, Emma Hanegraef (treasurer)
- The deed holds 2 more points.
Annual accounts 2025 filed NBBmicro format · 187 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1022450571
IncorporationFounders: Demain Alexandre, Guillaume-Constant Claes, Hanegraef Emma and 1 other · Appointments: Demain Alexandre (chair), Guillaume-Constant Claes (chair), Hanegraef Emma (chair) and De Poorter Laurens · Founder: Demain Alexandre · published on 22-04-202520 points ▸
- Founder, Demain Alexandre
- Founder, Guillaume-Constant Claes
- Founder, Hanegraef Emma
- Founder, De Poorter Laurens
- General meeting, 16-04-2025, mentioned twice in the deed
- Director appointment, Demain Alexandre
- Director appointment, Guillaume-Constant Claes
- Director appointment, Hanegraef Emma
- Director appointment, De Poorter Laurens
- Director appointment, Demain Alexandre (chair)
- Director appointment, Guillaume-Constant Claes (chair)
- Director appointment, Hanegraef Emma (chair)
- Director appointment, Hanegraef Emma (treasurer)
- Board composition, Demain Alexandre (director)
- Board composition, Guillaume-Constant Claes (director)
- Board composition, De Poorter Laurens (director)
- Board composition, Hanegraef Emma (director)
- Board composition, Hanegraef Emma (day-to-day manager)
- Board composition, Demain Alexandre (day-to-day manager)
- Board composition, Guillaume-Constant Claes (day-to-day manager)
- The deed holds 2 more points.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 1022.450.571
- VAT number
- BE 1022.450.571
- Peppol ID
- 0208:1022450571
- Legal form
- Non-profit association
- Status
- Active, normal situation
- Founded
- 16-04-2025
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- In Decemberdeed of 22-04-2025 (in Dutch)
- Website
- first-movers.be
- Peppol
- Reachable since 22-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- FirstMovers in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 22-04-2025 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Rue Charles Martel 8, 1000 Brussel”deed of 22-04-2025 (in Dutch)
Activities
NACEBEL 202594992
Activities of membership organisations main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Organisatie van activiteiten ter bevordering van het Belgische en internationale startup- en ondernemerslandschap,evenals het ontwikkelen en…”deed of 22-04-2025 (in Dutch)
Text of the purpose
“Organisatie van activiteiten ter bevordering van het Belgische en internationale startup- en ondernemerslandschap,evenals het ontwikkelen en commercialiseren van producten die het Belgische en internationale startup- en ondernemerslandschap ten goede komen”
Registered office and establishments
| Karel Martelstraat 8 registered office 1000 Brussels |
Buildings and parcels at the address
- Ground area
- 78 m²
- Buildings
- 78 m²
- Volume, LiDAR
- 1,195 m³
- Tallest building
- 19.6 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21806F0233/00K000 | 78 m² | 1 · 78 m² | 19.6 m · 6 |
Contact
E-mail
emma@first-movers.be