Equity
-€30,380
Debts exceed assets in financial year 2025.
TEAM FIRST
Lifetime
12 annual accounts with figures on one time axispeak €93,814 (2023)
€10,252▼ 87.1%
lowest -€39,872 (2018)
-€1,862▲ €33,602
peak €49,128 (2021)
-€30,380▼ €1,862
€61,895▲ 12.3%
Board3 names since 2018
-
Documentsfilings and deeds
03-08-20263 days late
2025abbreviated format
Gross margin from €79,665 to €10,252Loss of €1,862Cash from €1,707 to €4,405
Key points
from the 2025 annual accountsLosses
-€79,508 in four years
Every financial year from 2022 to 2025 closed with a loss. 2024 was the heaviest.
Debts
€61,895 196% of the balance sheet
Suppliers 0%Taxes and wages 42%Other 58%
Filings
12 annual accounts since 2014
Ten of the last ten came late. The 2016 accounts came latest: 226 days after the end of the period.
At the same address
75 companies
Position in the sector
-96.4%
Lower solvency than 95% of companies in office administrative support. Sector median 41.3% · 2,831 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,333 companies had the same profile as TEAM FIRST has now. Each dot stands for 6 companies, two years later.
90.6%
were still trading
5.8%
stopped another way
2.8%
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 497,448 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.
| 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 2,333 companies, not a prediction for TEAM FIRST. 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
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
Board and ownership
last known boardManager, last mentioned in 2019
- 100 sharesdeed of 01-02-2019
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0504904992
Registered office moved within Brussels
Transfer of shares to · New registered office: Avenue des Volontaires 19, 1160 Bruxelles · Previous registered office: RUE DES TROIS PONTS 24-1160 BRUXELLES · General meeting of 31-12-2018 · Gazette deed
Resignation: (manager)
Gazette deed
Incorporation
published on 15-02-2013 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TEAM FIRST Auderghem | €31,514 | €10,252 | -96.4% | - |
| Andracom Woluwe-Saint-Pierre | €29,816 | €12,324 | 75.6% | - |
| NIZITA Uccle | €28,838 | €18,006 | 39.7% | - |
| Globally Responsible Leadership Initative Foundation Ixelles | €37,792 | €9,845 | 91.1% | - |
| RAM TRAD Saint-Josse-ten-Noode | €26,263 | €16,693 | 42.4% | - |
| AMALTEA CONSULTING Watermael-Boitsfort | €21,365 | €7,082 | 67.8% | - |
| ASSENSIO Soignies | €26,067 | €13,883 | 86.6% | - |
These companies have the same main activity as TEAM FIRST: organisation of conventions and trade shows (NACE 82300). They are comparable in size and age: total assets between €21,400 and €37,800, founded between 2008 and 2015.
Official details
Source: KBO- Status
- Active since 13-02-2013Normal situation
- Registered office
- 76 active companies are registered at this address3 started in the 12 months before. Source: KBO register, as of 11 November 2026.
- Activity
- Organisation of conventions and trade showsNACE 82300and 4 others
- Establishment unit
- 2.217.141.9651160 Auderghem, since 13-02-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Insights on TEAM FIRST
TEAM FIRST files the abbreviated format. That format states no turnover. The gross margin fell from €15,332 in 2014 to €10,252 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 TEAM FIRST
- What is the company number of TEAM FIRST?
- The company number of TEAM FIRST is 0504.904.992. The VAT number is the same number with BE in front: BE 0504.904.992.
- Where is TEAM FIRST based?
- The registered office is at Vrijwilligerslaan 19, 1160 Auderghem.Company details
- What does TEAM FIRST do?
- According to the KBO register, the main activity is organisation of conventions and trade shows (NACE 82300).
- What is the legal form of TEAM FIRST?
- TEAM FIRST is a private limited company (pre-2019) (BVBA).
- When was TEAM FIRST founded?
- TEAM FIRST was founded on 13-02-2013.
- Is TEAM FIRST still active?
- Yes, TEAM FIRST is an active enterprise in the KBO register.
- What is the turnover of TEAM FIRST?
- The turnover of TEAM FIRST was €154,755 in financial year 2025, according to the filed annual accounts.Financials
- Is TEAM FIRST profitable?
- In financial year 2025, TEAM FIRST made a loss of €1,862.
- Where can I find the annual accounts of TEAM FIRST?
- TEAM FIRST filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TEAM FIRST due?
- TEAM FIRST must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.