Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FIRST from Sint-Pieters-Woluwe, company number BE0426795545, closed financial year 2025 with a result of € -26,293 after tax. For that financial year FIRST recorded a gross margin of € -7,866 and equity of € -88,135. Compared with financial year 2024, the result moved from € -22,861 to € -26,293. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ -88,135
▼ € 26,293 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -26,293
▼ 15 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2,713
▲ 298% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -118,135.
People and assets in 2025
€ 884
▼ 59% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 301,170
Loans from banks and other lenders, long and short.
€ 1,427
▲ 170% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 43,570
▲ 59% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -547 | € 510 | € 1,582 | € -7,866 | ▼ € 9,448 |
| Profit after taxes | € -13,133 | € -19,009 | € -22,861 | € -26,293 | ▼ € 3,433 |
| Equity | € -19,972 | € -38,982 | € -61,842 | € -88,135 | ▼ € 26,293 |
| Total debts | € 318,179 | € 317,461 | € 329,127 | € 347,228 | ▲ 5% |
| Cash | € 16,784 | € 1,082 | € 681 | € 2,713 | ▲ 298% |
| Land & buildings | € 49,882 | € 47,387 | € 44,892 | € 48,669 | ▲ 8% |
| Retained profit | € -49,972 | € -68,982 | € -91,842 | € -118,135 | ▼ € 26,293 |
| Bank debt | € 301,171 | € 301,170 | € 301,170 | € 301,170 | |
| Balance sheet total | € 298,207 | € 278,480 | € 267,285 | € 259,093 | ▼ 3% |
Key figures of 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 FIRST?
What happened at FIRST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 26,293. filed late Source: NBB ↗
- New establishment in Sint-Pieters-Woluwe. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,133 loss in 2022 to € 26,293 loss in 2025.
Paid € 0 in corporate taxes since 2022.
A new publication or filing at FIRST? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind FIRST are Christèle POPLIMONT and Philippe POPLIMONT. The same people are also behind POPLIMONT.
Establishments
Establishment units
Physical locations of this company
Stoeterijlaan 120
1150 Sint-Pieters-Woluwe
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0426.795.545
- VAT number
- BE 0426.795.545
- Registered office
- Stoeterijlaan 120, 1150 Sint-Pieters-Woluwe
- Names & denominations
- FIRST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 February 1985
- Peppol
- Active · Active since 22 Nov 2025
- Activities · NACE
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