What does FIRST - INVEST do?

FIRST - INVEST is a property company in Courcelles. Public Limited, started on 5 June 1991, 1 establishment.

What is the address of FIRST - INVEST?

The registered office of FIRST - INVEST is located at Rue de Liège(CO) 9, 6180 Courcelles.

Is FIRST - INVEST still active?

Yes. According to the CBE (29 October 2026) FIRST - INVEST is active, legal situation “Normale toestand”, started on 5 June 1991.

Is FIRST - INVEST registered on Peppol?

Yes, FIRST - INVEST is registered on the Peppol network with ID 0208:0444336115.

What is the enterprise number of FIRST - INVEST?

The enterprise number of FIRST - INVEST is BE0444336115.

When was FIRST - INVEST founded?

FIRST - INVEST was founded on 5 June 1991.

Is FIRST - INVEST a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 5 June 1991; 4 annual accounts filed, latest fiscal year 2025.

How much profit did FIRST - INVEST make in 2025?

FIRST - INVEST posted a profit after taxes of € 71,978 in financial year 2025.

What is the revenue of FIRST - INVEST?

In its most recent annual accounts (2025), FIRST - INVEST reported revenue of € 585,431.

FIRST - INVEST (Public Limited) - Courcelles

Dossier FIRST - INVEST, printed on 29 October 2026 from databakkes.be/en/0444336115/first-invest. 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.

Tight liquidity NBB

Cash and receivables cover 45 % of short-term debt in 2025; threshold 65 %.
Busy address KBO

10 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

FIRST - INVEST from Courcelles, company number BE0444336115, closed financial year 2025 with a result of € 71,978 after tax. For that financial year FIRST - INVEST recorded revenue of € 585,431 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 514,100 to € 71,978. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.

What it is worth Growing

€ 1.2 million

▲ 6% vs 2024

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

Profit Healthy

€ 71,978

▼ 86% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 227,627

▼ 47% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 611,357.

People and assets in 2025

Vehicles and equipment

€ 29,529

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 8 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.

€ 3.4 million

▲ 52% vs 2024

€ 420,258 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 109,424

▲ € 83,404 vs 2024

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

Taxes

€ 36,343

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
Revenue	€ 449,984 Revenue 2022: € 449,984 First fiscal year in the series	€ 472,281 Revenue 2023: € 472,281 ▲ 5% vs 2022 (€ 449,984) Favourable step	€ 516,376 Revenue 2024: € 516,376 ▲ 9% vs 2023 (€ 472,281) Favourable step	€ 585,431 Revenue 2025: € 585,431 ▲ 13% vs 2024 (€ 516,376) Favourable step	▲ 13%
Gross margin	€ 399,930 Gross margin 2022: € 399,930 First fiscal year in the series	€ 427,983 Gross margin 2023: € 427,983 ▲ 7% vs 2022 (€ 399,930) Favourable step	€ 865,490 Gross margin 2024: € 865,490 ▲ 102% vs 2023 (€ 427,983) Favourable step	€ 517,582 Gross margin 2025: € 517,582 ▼ 40% vs 2024 (€ 865,490) Unfavourable step	▼ 40%
Profit after taxes	€ -82,603 Profit after taxes 2022: € -82,603 First fiscal year in the series	€ 76,282 Profit after taxes 2023: € 76,282 ▲ € 158,885 vs 2022 (€ -82,603) Favourable step	€ 514,100 Profit after taxes 2024: € 514,100 ▲ € 437,818 vs 2023 (€ 76,282) Favourable step	€ 71,978 Profit after taxes 2025: € 71,978 ▼ 86% vs 2024 (€ 514,100) Unfavourable step	▼ 86%
Equity	€ 494,072 Equity 2022: € 494,072 First fiscal year in the series	€ 570,354 Equity 2023: € 570,354 ▲ 15% vs 2022 (€ 494,072) Favourable step	€ 1,127,379 Equity 2024: € 1,127,379 ▲ 98% vs 2023 (€ 570,354) Favourable step	€ 1,199,357 Equity 2025: € 1,199,357 ▲ 6% vs 2024 (€ 1,127,379) Favourable step	▲ 6%
Total debts	€ 2,959,341 Total debts 2022: € 2,959,341 First fiscal year in the series	€ 2,713,100 Total debts 2023: € 2,713,100 ▼ 8% vs 2022 (€ 2,959,341) Favourable step	€ 2,289,600 Total debts 2024: € 2,289,600 ▼ 16% vs 2023 (€ 2,713,100) Favourable step	€ 3,934,336 Total debts 2025: € 3,934,336 ▲ 72% vs 2024 (€ 2,289,600) Unfavourable step	▲ 72%
Cash	€ 17,869 Cash 2022: € 17,869 First fiscal year in the series	€ 40,176 Cash 2023: € 40,176 ▲ 125% vs 2022 (€ 17,869) Favourable step	€ 430,570 Cash 2024: € 430,570 ▲ € 390,393 vs 2023 (€ 40,176) Favourable step	€ 227,627 Cash 2025: € 227,627 ▼ 47% vs 2024 (€ 430,570) Unfavourable step	▼ 47%
Land & buildings	€ 3,374,043 Land & buildings 2022: € 3,374,043 First fiscal year in the series	€ 3,178,668 Land & buildings 2023: € 3,178,668 ▼ 6% vs 2022 (€ 3,374,043) Unchanged	€ 2,521,957 Land & buildings 2024: € 2,521,957 ▼ 21% vs 2023 (€ 3,178,668) Unchanged	€ 2,469,468 Land & buildings 2025: € 2,469,468 ▼ 2% vs 2024 (€ 2,521,957) Unchanged	▼ 2%
Retained profit	€ -93,928 Retained profit 2022: € -93,928 First fiscal year in the series	€ -17,646 Retained profit 2023: € -17,646 ▲ € 76,282 vs 2022 (€ -93,928) Favourable step	€ 539,379 Retained profit 2024: € 539,379 ▲ € 557,025 vs 2023 (€ -17,646) Favourable step	€ 611,357 Retained profit 2025: € 611,357 ▲ 13% vs 2024 (€ 539,379) Favourable step	▲ 13%
Bank debt	€ 2,704,820 Bank debt 2022: € 2,704,820 First fiscal year in the series	€ 2,537,384 Bank debt 2023: € 2,537,384 ▼ 6% vs 2022 (€ 2,704,820) Favourable step	€ 2,220,964 Bank debt 2024: € 2,220,964 ▼ 12% vs 2023 (€ 2,537,384) Favourable step	€ 3,370,953 Bank debt 2025: € 3,370,953 ▲ 52% vs 2024 (€ 2,220,964) Unfavourable step	▲ 52%
Balance sheet total	€ 3,453,412 Balance sheet total 2022: € 3,453,412 First fiscal year in the series	€ 3,283,453 Balance sheet total 2023: € 3,283,453 ▼ 5% vs 2022 (€ 3,453,412) Unchanged	€ 3,416,979 Balance sheet total 2024: € 3,416,979 ▲ 4% vs 2023 (€ 3,283,453) Unchanged	€ 5,133,692 Balance sheet total 2025: € 5,133,692 ▲ 50% vs 2024 (€ 3,416,979) Unchanged	▲ 50%

Key figures of FIRST - INVEST, 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 - INVEST?

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

Jan 30, 2026 New annual accounts for financial year 2025: profit of € 71,978 (▼ 86% vs 2024). Source: NBB ↗
Oct 22, 2010 New establishment in Courcelles. KBO
Jun 5, 1991 Start of the company according to the CBE. KBO

In short

From € 82,603 loss in 2022 to € 71,978 profit in 2025.

Paid € 89,396 in corporate taxes since 2022.

Best year ever: 2024, with € 514,100 profit.

Original PDFs at the National Bank ↗

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de Liège(CO) 9

6180 Courcelles

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 10 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: 0444.336.115
VAT number: BE 0444.336.115
Registered office: Rue de Liège(CO) 9, 6180 Courcelles
Names & denominations: FIRST - INVEST
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 5 June 1991
Peppol: Active · Active since 4 Dec 2025
Activities · NACE: Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

View on CBE Public ↗ Annual accounts (NBB) ↗

FIRST - INVEST