ID FIRST
ActiveSummary
ID FIRST has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18k and a net result of €3k. Equity is shrinking by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 51% of 958 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability80▲+51
Solvency78▲+14
Growth31=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 2.1 against 1.65 in 2024; short-term debt: 43.3% and cash: 0.1% of total assets), and 47% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Printing and reproduction of recorded media (NACE 18)
about 11% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
53%
Return on assets
9%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €18k
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
61 d late
2023
12 d early
2022
31 d late
2021
30 d late
2020
13 d late
2019
9 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, micro schema
Turnover
€98k▲ 47.6%
2022 · €66k
EBIT margin
2.6%▲ 46.5pp
2022 · -43.9%
Net result
€3k
2024 · €-1k
Working capital
€16k▲ 24.2%
2024 · €13k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€136k▲ 14.1%€66k▼ 51.2%€98k▲ 47.6%
Operating result€5k▼ 40.7%€-29k€3k€-916€3k
Net result€1k▼ 84.4%€-29k€3k€-1k€3k
EBIT margin3.5%▼ 3.2pp-43.9%▼ 47.4pp2.6%▲ 46.5pp
Equity€42k▲ 2.6%€13k▼ 69.6%€16k▲ 23.1%€15k▼ 7.8%€18k▲ 20.4%
Total assets€86k▲ 7.3%€56k▼ 34.6%€58k▲ 2.4%€37k▼ 35.7%€33k▼ 10.5%
Debt€44k▲ 12.3%€43k▼ 0.7%€42k▼ 3.7%€22k▼ 46.3%€16k▼ 30.5%
Working capital€35k▼ 1.5%€9k▼ 74.7%€15k▲ 63.9%€13k▼ 13.5%€16k▲ 24.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €3k after a loss of €916 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €33k
Fixed assets
€3k ▼ 36.6%
Current assets
€30k ▼ 6.6%
Equity and liabilities €33k
Equity
€18k ▲ 20.4%
Debt
€16k ▼ 30.5%
Debt's share of the balance-sheet total falls from 60.6% to 47.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€5k▲
2024 · €366
Cash flow
€5k▲
2024 · €55
Current ratio
2.10▲
2024 · 1.65
Quick ratio
2.01▲
2024 · 1.58
Debt to equity
0.89▼
2024 · 1.54
ROE
16.9%▲
2024 · -8.4%
ROA
9.0%▲
2024 · -3.3%
Interest coverage
25.85▲
2024 · 1.77
Debt ≤ 1 year
€14k▼
2024 · €20k
Debt > 1 year
€1k▼
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €136k | €66k | €98k | - | - | - |
| Non-recurring operating income76A | - | - | €3k | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €98k | €73k | €93k | - | - | - |
| Remuneration, social security and pensions62 | €29k | €26k | €6k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €3k | €3k | €1k | €2k | ▲ 35.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €11k | - | - | - | - | - |
| Other operating charges640/8 | €774 | €200 | €285 | - | €1 | - |
| Non-recurring operating charges66A | - | - | - | €3k | - | - |
| Gross operating margin9900 | €47k | €152 | €11k | €4k | €5k | ▲ 31.2% |
| Operating profit (loss)9901 | €5k | €-29k | €3k | €-916 | €3k | ▲ 445% |
| Financial income75/76B | - | - | €900 | €80 | €0 | ▼ 99.8% |
| Recurring financial income75 | - | - | €900 | €80 | €0 | ▼ 99.8% |
| Non-recurring financial income76B | - | - | €900 | - | - | - |
| Financial charges65/66B | €483 | €182 | €268 | €207 | €189 | ▼ 8.4% |
| Recurring financial charges65 | €483 | €182 | €268 | €207 | €189 | ▼ 8.4% |
| Profit (loss) for the period before taxes9903 | €4k | €-29k | €3k | €-1k | €3k | ▲ 385% |
| Income taxes67/77 | €3k | €150 | €174 | €184 | - | - |
| Profit (loss) for the period9904 | €1k | €-29k | €3k | €-1k | €3k | ▲ 342% |
| Transfer from tax-exempt reserves789 | €5k | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €6k | €-29k | €3k | €-1k | €3k | ▲ 342% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €86k | €56k | €58k | €37k | €33k | ▼ 10.5% |
| Fixed assets21/28 | €7k | €4k | €1k | €5k | €3k | ▼ 36.6% |
| Tangible fixed assets22/27 | €7k | €4k | €1k | €5k | €3k | ▼ 36.6% |
| Furniture and vehicles24 | €7k | €4k | €1k | €190 | €86 | ▼ 54.6% |
| Leasing and similar rights25 | - | - | - | €5k | €3k | ▼ 35.9% |
| Current assets29/58 | €79k | €52k | €56k | €32k | €30k | ▼ 6.6% |
| Stocks and contracts in progress3 | €824 | €1k | €1k | €1k | €1k | = |
| Stocks30/36 | €824 | €1k | €1k | €1k | €1k | = |
| Amounts receivable within one year40/41 | €52k | €32k | €30k | €27k | €27k | ▲ 3.2% |
| Trade receivables40 | €52k | €31k | €28k | €27k | €27k | ▲ 3.2% |
| Other amounts receivable41 | €25 | €889 | €2k | - | - | - |
| Cash at bank and in hand54/58 | €24k | €13k | €25k | €4k | €42 | ▼ 98.8% |
| Deferred charges and accrued income490/1 | €2k | €6k | - | €766 | €1k | ▲ 82.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €86k | €56k | €58k | €37k | €33k | ▼ 10.5% |
| Equity10/15 | €42k | €13k | €16k | €15k | €18k | ▲ 20.4% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €620 | €620 | €620 | €8k | €11k | ▲ 35.4% |
| Non-distributable reserves130/1 | €620 | €620 | €620 | €620 | €620 | = |
| Reserves not available under the articles1311 | €620 | €620 | €620 | €620 | €620 | = |
| Distributable reserves133 | - | - | - | €8k | €11k | ▲ 38.3% |
| Profit (loss) carried forward14 | €35k | €6k | €9k | - | - | - |
| Amounts payable17/49 | €44k | €43k | €42k | €22k | €16k | ▼ 30.5% |
| Amounts payable after more than one year17 | - | - | - | €3k | €1k | ▼ 57.1% |
| Financial debts170/4 | - | - | - | €3k | €1k | ▼ 57.1% |
| Amounts payable within one year42/48 | €44k | €43k | €42k | €20k | €14k | ▼ 26.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €2k | €2k | = |
| Financial debts43 | - | - | - | - | €490 | - |
| Credit institutions430/8 | - | - | - | - | €490 | - |
| Trade debts44 | €17k | €30k | €28k | €6k | €7k | ▲ 28.2% |
| Suppliers440/4 | €17k | €30k | €28k | €6k | €7k | ▲ 28.2% |
| Taxes, remuneration and social security45 | €21k | €5k | €211 | €3k | €2k | ▼ 12.3% |
| Taxes450/3 | €15k | €1k | €211 | €3k | €2k | ▼ 12.3% |
| Remuneration and social security454/9 | €6k | €4k | - | - | - | - |
| Other amounts payable47/48 | €6k | €8k | €13k | €10k | €3k | ▼ 73.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1k | €-29k | €3k | €-1k | €3k | ▲ 342% |
| + Depreciation and write-downs630 | €2k | €3k | €3k | €1k | €2k | ▲ 35.5% |
| Operating cash flow (approximation) | €3k | €-26k | €6k | €55 | €5k | ▲ 8,505% |
| Investment in fixed assets (approximation) | - | €-1 | €0 | €-5k | €0 | ▲ 100% |
| Change in cash | - | €-11k | €12k | €-21k | €-4k | ▲ 83.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-29k
Net result drops to €-29k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
31-12
Financial
Highest result since 2018net €7k ▲15.1%
Net result €7k, the highest in the series.
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Pont-à-Celles · 1 establishment unit since 2013
Ground area
5,055 m²
Parcel 52009B0172/00A000, Wallonia. Linked by address, not a title deed.
1 establishment unit
ID FIRST
since 20132.223.015.712
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52009B0172/00A000 | Wallonia | 5,055 m² | - | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,856 companies in sector 18130 we hold annual accounts for 832. 566 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-09-2013
Fiscal year end31-12
Activities, NACEBEL 2025
18130Pre-press and pre-media services
58190Other publishing activities, excluding software publishing
70200Business and other management consultancy
73110Advertising agencies
74120Graphic design and visual communication
82100Office administrative and support services
Scores and ratios are computed by Checked and are not a credit decision.