Financials
Financial year 2025
Revenue
€ 3.9 million
▲ 7% vs 2024
Profit
Healthy€ 512,905
▼ 9% vs 2024
Debts
Low€ 27.9 million
▼ 2% vs 2024
THE FIRST from Elsene, company number BE0449936577, closed financial year 2025 with a result of € 512,905 after tax. For that financial year THE FIRST recorded revenue of € 3.9 million and equity of € 29.1 million. Compared with financial year 2024, the result moved from € 561,043 to € 512,905. The company is profitable. 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 August 27, 2026.
What happened at THE FIRST?
What happened at THE FIRST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 512,905 (▼ 9% vs 2024). filed late Source: NBB ↗
- Laurence SIMILLON stepped down as director. NBB
- Axel CEUSTERS stepped down as director. NBB
- Marc GÄRTNER stepped down as director. NBB
- Laurence SIMILLON became a director. NBB
- Axel CEUSTERS became a director. NBB
- Marc GÄRTNER became a director. NBB
- New establishment in Elsene. KBO
In short
From € 185,798 profit in 2021 to € 512,905 profit in 2025.
Paid € 579,047 in corporate taxes since 2021.
Best year ever: 2024, with € 561,043 profit.
Paid out € 176,509 in dividends to the owners in total.
A new publication or filing at THE FIRST? We notify you, reason included.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
The shares are held by Union Investment Institutional Property GmbH - Belgian Branch (100%).
Directors
According to the 2025 annual accounts
since 2020 · until 2026
since 2020 · until 2026
since 2020 · until 2026
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Louizalaan 54
1050 Elsene
Louizalaan 65 box 11
1050 Elsene
Active since 3 January 1994
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0449.936.577
- VAT number
- BE 0449.936.577
- Registered office
- Louizalaan 54, 1050 Elsene
- Names & denominations
- THE FIRST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 April 1993
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
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