What is the address of FIRST MODERN?

The registered office of FIRST MODERN is located at Elisa Belpairelaan 2, 8660 De Panne.

Is FIRST MODERN still active?

Yes. According to the CBE (30 October 2026) FIRST MODERN is active, legal situation “Normale toestand”, started on 31 December 1990.

Is FIRST MODERN registered on Peppol?

Yes, FIRST MODERN is registered on the Peppol network with ID 0208:0442894080.

What is the enterprise number of FIRST MODERN?

The enterprise number of FIRST MODERN is BE0442894080.

When was FIRST MODERN founded?

FIRST MODERN was founded on 31 December 1990.

Who are the directors of FIRST MODERN?

According to the 2025 annual accounts, the directors of FIRST MODERN are: Marc Vergauwe, Jan Rosseel.

Is FIRST MODERN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 31 December 1990; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did FIRST MODERN make in 2025?

FIRST MODERN recorded a loss after taxes of € 34,783 in financial year 2025.

What is the revenue of FIRST MODERN?

As a small company, FIRST MODERN is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 183,050.

FIRST MODERN (Public Limited) - De Panne - BE0442894080

Q: What does FIRST MODERN do?

FIRST MODERN is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Public Limited, started on 31 December 1990.

Dossier FIRST MODERN, printed on 30 October 2026 from databakkes.be/en/0442894080/first-modern. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.

Financials

Financial year 2025

FIRST MODERN from De Panne, company number BE0442894080, closed financial year 2025 with a result of € -34,783 after tax. For that financial year FIRST MODERN recorded a gross margin of € 183,050 and equity of € 847,033. Compared with financial year 2024, the result moved from € -41,332 to € -34,783. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 26, 2026.

What it is worth Healthy

€ 847,033

▼ 6% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -34,783

▲ 16 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 10,542

▼ 19% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 567,630.

Debts at end 2025

Bank debt ≈ 16 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.1 million

▼ 7% vs 2024

€ 66,124 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.

Owed to suppliers

€ 53,466

▲ 22% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 1,048

▼ 76% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 185,415 Gross margin 2022: € 185,415 First fiscal year in the series	€ 149,731 Gross margin 2023: € 149,731 ▼ 19% vs 2022 (€ 185,415) Unfavourable step	€ 178,465 Gross margin 2024: € 178,465 ▲ 19% vs 2023 (€ 149,731) Favourable step	€ 183,050 Gross margin 2025: € 183,050 ▲ 3% vs 2024 (€ 178,465) Favourable step	▲ 3%
Profit after taxes	€ 10,958 Profit after taxes 2022: € 10,958 First fiscal year in the series	€ -22,609 Profit after taxes 2023: € -22,609 ▼ € 33,567 vs 2022 (€ 10,958) Unfavourable step	€ -41,332 Profit after taxes 2024: € -41,332 ▼ € 18,723 vs 2023 (€ -22,609) Unfavourable step	€ -34,783 Profit after taxes 2025: € -34,783 ▲ € 6,549 vs 2024 (€ -41,332) Favourable step	▲ € 6,549
Equity	€ 960,222 Equity 2022: € 960,222 First fiscal year in the series	€ 959,930 Equity 2023: € 959,930 Unchanged (€ 960,222) Unfavourable step	€ 900,025 Equity 2024: € 900,025 ▼ 6% vs 2023 (€ 959,930) Unfavourable step	€ 847,033 Equity 2025: € 847,033 ▼ 6% vs 2024 (€ 900,025) Unfavourable step	▼ 6%
Total debts	€ 1,940,271 Total debts 2022: € 1,940,271 First fiscal year in the series	€ 1,864,431 Total debts 2023: € 1,864,431 ▼ 4% vs 2022 (€ 1,940,271) Favourable step	€ 1,676,326 Total debts 2024: € 1,676,326 ▼ 10% vs 2023 (€ 1,864,431) Favourable step	€ 1,582,527 Total debts 2025: € 1,582,527 ▼ 6% vs 2024 (€ 1,676,326) Favourable step	▼ 6%
Cash	€ 17,259 Cash 2022: € 17,259 First fiscal year in the series	€ 53,192 Cash 2023: € 53,192 ▲ 208% vs 2022 (€ 17,259) Favourable step	€ 12,986 Cash 2024: € 12,986 ▼ 76% vs 2023 (€ 53,192) Unfavourable step	€ 10,542 Cash 2025: € 10,542 ▼ 19% vs 2024 (€ 12,986) Unfavourable step	▼ 19%
Land & buildings	€ 2,665,838 Land & buildings 2022: € 2,665,838 First fiscal year in the series	€ 2,609,771 Land & buildings 2023: € 2,609,771 ▼ 2% vs 2022 (€ 2,665,838) Unchanged	€ 2,441,729 Land & buildings 2024: € 2,441,729 ▼ 6% vs 2023 (€ 2,609,771) Unchanged	€ 2,265,296 Land & buildings 2025: € 2,265,296 ▼ 7% vs 2024 (€ 2,441,729) Unchanged	▼ 7%
Retained profit	€ 666,354 Retained profit 2022: € 666,354 First fiscal year in the series	€ 643,745 Retained profit 2023: € 643,745 ▼ 3% vs 2022 (€ 666,354) Unfavourable step	€ 602,413 Retained profit 2024: € 602,413 ▼ 6% vs 2023 (€ 643,745) Unfavourable step	€ 567,630 Retained profit 2025: € 567,630 ▼ 6% vs 2024 (€ 602,413) Unfavourable step	▼ 6%
Bank debt	€ 1,309,538 Bank debt 2022: € 1,309,538 First fiscal year in the series	€ 1,220,715 Bank debt 2023: € 1,220,715 ▼ 7% vs 2022 (€ 1,309,538) Favourable step	€ 1,139,755 Bank debt 2024: € 1,139,755 ▼ 7% vs 2023 (€ 1,220,715) Favourable step	€ 1,055,210 Bank debt 2025: € 1,055,210 ▼ 7% vs 2024 (€ 1,139,755) Favourable step	▼ 7%
Balance sheet total	€ 3,043,317 Balance sheet total 2022: € 3,043,317 First fiscal year in the series	€ 2,958,078 Balance sheet total 2023: € 2,958,078 ▼ 3% vs 2022 (€ 3,043,317) Unchanged	€ 2,681,831 Balance sheet total 2024: € 2,681,831 ▼ 9% vs 2023 (€ 2,958,078) Unchanged	€ 2,517,173 Balance sheet total 2025: € 2,517,173 ▼ 6% vs 2024 (€ 2,681,831) Unchanged	▼ 6%

Key figures of FIRST MODERN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to FIRST MODERN?

What happened at FIRST MODERN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 Marc Vergauwe stepped down as director. NBB
2029 Jan Rosseel stepped down as director. NBB
Jan 26, 2026 New annual accounts for financial year 2025: loss of € 34,783. Source: NBB ↗
2023 Marc Vergauwe became a director. NBB
2023 Jan Rosseel became a director. NBB
Dec 31, 1990 Start of the company according to the CBE. KBO

In short

From € 10,958 profit in 2022 to € 34,783 loss in 2025.

Paid € 474 in corporate taxes since 2022.

Best year ever: 2022, with € 10,958 profit.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

Marc Vergauwe

Managing director

Also active at: NEOO SELON NEO

since 2023 · until 2029

Jan Rosseel

Managing director

Also active at: NEOO SELON NEO

since 2023 · until 2029

Establishments

Establishment units

Physical locations of this company

Registered office

Elisa Belpairelaan 2

8660 De Panne

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

RESIDENTIE WINDEKIND VME

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0442.894.080

VAT number

BE 0442.894.080

Registered office

Elisa Belpairelaan 2, 8660 De Panne

Names & denominations

FIRST MODERN

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

31 December 1990

Peppol

Active · Active since 18 Jun 2025

Activities · NACE

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Activiteiten van interieurarchitecten

Gastenkamers

View on CBE Public ↗ Annual accounts (NBB) ↗