Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
18 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
FIRST-CONNECT from Mechelen, company number BE0440210249, closed financial year 2025 with a result of € -1,394 after tax. For that financial year FIRST-CONNECT recorded a gross margin of € -572 and equity of € 1,616. Compared with financial year 2024, the result moved from € -1,182 to € -1,394. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 19, 2026.
€ 1,616
▼ 46% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,394
▼ 18 % more loss than in 2024
Profit after tax over the fiscal year.
€ 3,183
▼ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -29,371.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 380
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 69,113 | € -689 | € -410 | € -572 | ▼ € 162 |
| Profit after taxes | € 65,673 | € -1,458 | € -1,182 | € -1,394 | ▼ € 212 |
| Equity | € 5,650 | € 4,192 | € 3,010 | € 1,616 | ▼ 46% |
| Total debts | € 462 | € 0 | € 498 | € 1,567 | ▲ 215% |
| Cash | € 5,812 | € 3,550 | € 3,508 | € 3,183 | ▼ 9% |
| Retained profit | € -25,337 | € -26,795 | € -27,977 | € -29,371 | ▼ € 1,394 |
| Balance sheet total | € 6,112 | € 4,192 | € 3,508 | € 3,183 | ▼ 9% |
Key figures of FIRST-CONNECT, 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-CONNECT?
What happened at FIRST-CONNECT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,394. filed late Source: NBB ↗
- First-IT NV became a director. NBB
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 65,673 profit in 2022 to € 1,394 loss in 2025.
Best year ever: 2022, with € 65,673 profit.
Management
The stake of First-IT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FIRST-CONNECTBehind FIRST-CONNECT is First-IT NV. The shares are held by First-IT (100%).
Directors
According to the 2025 annual accounts
Director · represented by Sony Dansy
since 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Antwerpsesteenweg 261 box 4
2800 Mechelen
Antwerpsesteenweg 261/4
2800 Mechelen
Active since 30 June 1994
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 18 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0440.210.249
- VAT number
- BE 0440.210.249
- Registered office
- Antwerpsesteenweg 261 bus 4, 2800 Mechelen
- Names & denominations
- FIRST-CONNECT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 February 1990
- Peppol
- Not registered
- Activities · NACE
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