Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of THE FIRST is 0.3% (very low). The company has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. No processed annual-account figures are available; this conclusion rests on registry and State Gazette data only.
Based on State Gazette and CBE data.
Financials
No processed annual-account figures available.
To financials
People & board
13 mandates
6
active directors
Axel CeustersDirectorLaurence SimillonDirectorMarc GärtnerDirector+10 in history
All directors & mandates Publicationslatest 24-02-2026
60
publications in the State GazetteCapital decrease of €1,340,000 to €5,700,000All publications & acts Network & structure
124
connected companiesSee network & structure
Connections
124 connected companiesParent · 21 subsidiaries · 1 location
Control→
Parent · 33 subsidiaries · 2 locations
Control→
via CLERMONT Gaëtan · Permanent representative
→
Trust signals
3 signalsLong-established
Founded in 1993 — 33 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags
0 events
No administrative flags
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.3%
Very low
0%0,5%1,5%4%10%≥25%
Higher-failure-rate region
+Lower-failure-rate sector
−Long track record
−
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
Company registry (CBE)
Crossroads BankActivities
Verhuur en exploitatie van eigen of geleasd niet-residentieel onroerend goed, exclusief terreinen68203Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen68203Verhuur van niet-residentiële gebouwen70203
Primary activity highlighted.
Names & trade names
| Legal nameFR | THE FIRST |
Registered office
Louizalaan 54
1050 Elsene, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.