Financials
Financial year 2025
A-FIRST from Elsene, company number BE0407890839, closed financial year 2025 with a result of € 343,010 after tax. For that financial year A-FIRST recorded a gross margin of € 1.6 million and equity of € 3.4 million. Compared with financial year 2024, the result moved from € 408,601 to € 343,010. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 3.4 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 343,010
▼ 16% vs 2024
Profit after tax over the fiscal year.
€ 2.5 million
▲ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
11.4
▲ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 19% vs 2024
€ 100,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 124,790
▲ 38% vs 2024
€ 85,648 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 244,694
▼ 37% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 363,833
▲ 36% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,323,893 | € 1,512,218 | € 1,493,689 | € 1,570,554 | ▲ 5% |
| Profit after taxes | € 274,135 | € 383,131 | € 408,601 | € 343,010 | ▼ 16% |
| Equity | € 2,226,810 | € 2,609,941 | € 3,018,542 | € 3,361,553 | ▲ 11% |
| Total debts | € 922,622 | € 963,905 | € 800,013 | € 806,266 | ▲ 1% |
| Cash | € 1,482,365 | € 1,823,081 | € 2,191,080 | € 2,496,268 | ▲ 14% |
| Land & buildings | € 603,431 | € 565,520 | € 527,609 | € 489,698 | ▼ 7% |
| Retained profit | € 1,859,384 | € 2,242,515 | € 2,651,116 | € 2,994,126 | ▲ 13% |
| Bank debt | € 139,948 | € 93,414 | € 90,277 | € 124,790 | ▲ 38% |
| Balance sheet total | € 3,214,361 | € 3,638,775 | € 3,883,484 | € 4,232,747 | ▲ 9% |
| Employees (FTE) | 8.4 | 10.8 | 9.8 | 11.4 | ▲ 1.6 |
Key figures of A-FIRST, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to A-FIRST?
What happened at A-FIRST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- EUROPEAN SAFETY MAINTENANCE SCRL stepped down as director. NBB
- Jacky Jouniaux stepped down as director. NBB
- CENTRE EUROPEEN POUR LA SECURITE SRL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 343,010 (▼ 16% vs 2024). Source: NBB ↗
- Muriel Gysens stepped down as director. NBB
- Geneviève Loiseau stepped down as director. NBB
- EUROPEAN SAFETY MAINTENANCE SCRL became a director. NBB
- Jacky Jouniaux became a director. NBB
In short
From € 274,135 profit in 2022 to € 343,010 profit in 2025.
Paid € 6,762 in corporate taxes since 2022.
Best year ever: 2024, with € 408,601 profit.
On average € 137,800 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
CENTRE EUROPEEN POUR LA SECURITE SRL
Vice-chairman of the board · represented by Philippe Hella
Also active at: Centre de Recherche et d'Etudes sur la Sécurité, l'Ergonomie et la Promotion des Conditions de Travail, CEGIS, EUROPEAN SAFETY MAINTENANCE, TRAINING SOLUTIONS
since 2024 · until 2027
EUROPEAN SAFETY MAINTENANCE SCRL
Director · represented by Marc UBAGHS
Also active at: Centre de Recherche et d'Etudes sur la Sécurité, l'Ergonomie et la Promotion des Conditions de Travail, TRAINING SOLUTIONS
since 2025 · until 2028
Jacky Jouniaux
Chairman of the board
since 2025 · until 2028
since 2023 · until 2026
since 2023 · until 2026
Establishments
Establishment units
Physical locations of this company
Louizalaan 231
1050 Elsene
Granbonpré 1
1348 Ottignies-Louvain-la-Neuve
Active since 14 June 2005
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0407.890.839
- VAT number
- BE 0407.890.839
- Registered office
- Louizalaan 231, 1050 Elsene
- Names & denominations
- A-FIRST
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 5 April 1968
- Peppol
- Active · Active since 8 May 2025
- Activities · NACE
Beroepsopleiding
Volwassenenvorming
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