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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Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FIRST SERVICES from Asse, company number BE0442673752, closed financial year 2025 with a result of € 27,797 after tax. For that financial year FIRST SERVICES recorded a gross margin of € 59,568 and equity of € 65,419. Compared with financial year 2024, the result moved from € -4,994 to € 27,797. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 25, 2026.
€ 65,419
▲ 74% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 27,797
▲ still € 4,994 loss in 2024
Profit after tax over the fiscal year.
€ 36,251
▲ 65% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 47,077.
People and assets in 2025
€ 1,320
▲ 94% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,222
▲ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,921
▲ 45% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 67,667 | € 63,824 | € 13,088 | € 59,568 | ▲ € 46,480 |
| Profit after taxes | € 36,085 | € 29,903 | € -4,994 | € 27,797 | ▲ € 32,791 |
| Equity | € 12,712 | € 42,615 | € 37,622 | € 65,419 | ▲ 74% |
| Total debts | € 415,546 | € 416,751 | € 380,490 | € 351,545 | ▼ 8% |
| Cash | € 30,056 | € 51,917 | € 21,965 | € 36,251 | ▲ 65% |
| Land & buildings | € 377,325 | € 362,508 | € 347,692 | € 336,353 | ▼ 3% |
| Retained profit | € -5,630 | € 24,273 | € 19,280 | € 47,077 | ▲ 144% |
| Balance sheet total | € 428,259 | € 459,367 | € 418,112 | € 416,964 |
Key figures of FIRST SERVICES, 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 SERVICES?
What happened at FIRST SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 27,797. filed late Source: NBB ↗
- Jan Cornelis became a director. NBB
- New establishment in Asse. KBO
- Start of the company according to the CBE. KBO
In short
From € 36,085 profit in 2022 to € 27,797 profit in 2025.
Paid € 42,720 in corporate taxes since 2022.
Best year ever: 2022, with € 36,085 profit.
Management
Behind FIRST SERVICES is Jan Cornelis.
Directors
According to the 2025 annual accounts
Jan Cornelis
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Edingsesteenweg 85
1730 Asse
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0442.673.752
- VAT number
- BE 0442.673.752
- Registered office
- Edingsesteenweg 85, 1730 Asse
- Names & denominations
- FIRST SERVICES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 January 1991
- Peppol
- Active · Active since 26 Dec 2025
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