What is the address of FIRST FLOOR?

The registered office of FIRST FLOOR is located at Belliardstraat 40, 1040 Etterbeek.

Is FIRST FLOOR still active?

Yes. According to the CBE (31 October 2026) FIRST FLOOR is active, legal situation “Normale toestand”, started on 7 January 1997.

Is FIRST FLOOR registered on Peppol?

No, FIRST FLOOR is currently not registered on the Peppol network.

What is the enterprise number of FIRST FLOOR?

The enterprise number of FIRST FLOOR is BE0459723085.

When was FIRST FLOOR founded?

FIRST FLOOR was founded on 7 January 1997.

Who are the directors of FIRST FLOOR?

According to the 2025 annual accounts, the directors of FIRST FLOOR are: Ivo Grauwels .

Is FIRST FLOOR a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 7 January 1997; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account; 3 establishments in the CBE.

How much profit did FIRST FLOOR make in 2025?

FIRST FLOOR recorded a loss after taxes of € 170,650 in financial year 2025.

What is the revenue of FIRST FLOOR?

As a small company, FIRST FLOOR is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 53,732.

FIRST FLOOR (Private Limited) - Etterbeek - BE0459723085

Dossier FIRST FLOOR, printed on 31 October 2026 from databakkes.be/en/0459723085/first-floor. 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.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 22 % of short-term debt in 2025; threshold 65 %.
Busy address KBO

97 other companies have their registered office at the same address; threshold 10.
Not on Peppol Peppol

Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2025

FIRST FLOOR from Etterbeek, company number BE0459723085, closed financial year 2025 with a result of € -170,650 after tax. For that financial year FIRST FLOOR recorded a gross margin of € 53,732 and equity of € -1.7 million. Compared with financial year 2024, the result moved from € -105,000 to € -170,650. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.

What it is worth Caution

€ -1.7 million

▼ € 170,650 vs 2024

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

Loss Caution

€ -170,650

▼ 63 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2,649

▼ 58% 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 € -2.7 million.

People and assets in 2025

Vehicles and equipment

€ 62,919

▼ 9% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 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.

€ 2.1 million

€ 668,727 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 19,504

▲ 49% vs 2024

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

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 129,697 Gross margin 2022: € 129,697 First fiscal year in the series	€ 110,124 Gross margin 2023: € 110,124 ▼ 15% vs 2022 (€ 129,697) Unfavourable step	€ 113,041 Gross margin 2024: € 113,041 ▲ 3% vs 2023 (€ 110,124) Favourable step	€ 53,732 Gross margin 2025: € 53,732 ▼ 52% vs 2024 (€ 113,041) Unfavourable step	▼ 52%
Profit after taxes	€ -255,331 Profit after taxes 2022: € -255,331 First fiscal year in the series	€ -151,465 Profit after taxes 2023: € -151,465 ▲ € 103,867 vs 2022 (€ -255,331) Favourable step	€ -105,000 Profit after taxes 2024: € -105,000 ▲ € 46,465 vs 2023 (€ -151,465) Favourable step	€ -170,650 Profit after taxes 2025: € -170,650 ▼ € 65,650 vs 2024 (€ -105,000) Unfavourable step	▼ € 65,650
Equity	€ -1,249,521 Equity 2022: € -1,249,521 First fiscal year in the series	€ -1,400,986 Equity 2023: € -1,400,986 ▼ € 151,465 vs 2022 (€ -1,249,521) Unfavourable step	€ -1,505,986 Equity 2024: € -1,505,986 ▼ € 105,000 vs 2023 (€ -1,400,986) Unfavourable step	€ -1,676,636 Equity 2025: € -1,676,636 ▼ € 170,650 vs 2024 (€ -1,505,986) Unfavourable step	▼ € 170,650
Total debts	€ 3,717,772 Total debts 2022: € 3,717,772 First fiscal year in the series	€ 3,837,352 Total debts 2023: € 3,837,352 ▲ 3% vs 2022 (€ 3,717,772) Unfavourable step	€ 3,911,569 Total debts 2024: € 3,911,569 ▲ 2% vs 2023 (€ 3,837,352) Unfavourable step	€ 3,980,346 Total debts 2025: € 3,980,346 ▲ 2% vs 2024 (€ 3,911,569) Unfavourable step	▲ 2%
Cash	€ 6,031 Cash 2022: € 6,031 First fiscal year in the series	€ 6,274 Cash 2023: € 6,274 ▲ 4% vs 2022 (€ 6,031) Favourable step	€ 6,294 Cash 2024: € 6,294 Unchanged (€ 6,274) Favourable step	€ 2,649 Cash 2025: € 2,649 ▼ 58% vs 2024 (€ 6,294) Unfavourable step	▼ 58%
Land & buildings	€ 2,075,706 Land & buildings 2022: € 2,075,706 First fiscal year in the series	€ 1,927,707 Land & buildings 2023: € 1,927,707 ▼ 7% vs 2022 (€ 2,075,706) Unchanged	€ 1,779,708 Land & buildings 2024: € 1,779,708 ▼ 8% vs 2023 (€ 1,927,707) Unchanged	€ 1,632,093 Land & buildings 2025: € 1,632,093 ▼ 8% vs 2024 (€ 1,779,708) Unchanged	▼ 8%
Retained profit	€ -2,312,486 Retained profit 2022: € -2,312,486 First fiscal year in the series	€ -2,463,951 Retained profit 2023: € -2,463,951 ▼ € 151,465 vs 2022 (€ -2,312,486) Unfavourable step	€ -2,568,951 Retained profit 2024: € -2,568,951 ▼ € 105,000 vs 2023 (€ -2,463,951) Unfavourable step	€ -2,739,601 Retained profit 2025: € -2,739,601 ▼ € 170,650 vs 2024 (€ -2,568,951) Unfavourable step	▼ € 170,650
Bank debt	€ 2,203,630 Bank debt 2022: € 2,203,630 First fiscal year in the series	€ 2,143,269 Bank debt 2023: € 2,143,269 ▼ 3% vs 2022 (€ 2,203,630) Favourable step	€ 2,118,921 Bank debt 2024: € 2,118,921 ▼ 1% vs 2023 (€ 2,143,269) Favourable step	€ 2,111,689 Bank debt 2025: € 2,111,689 Unchanged (€ 2,118,921) Favourable step
Balance sheet total	€ 2,468,251 Balance sheet total 2022: € 2,468,251 First fiscal year in the series	€ 2,436,366 Balance sheet total 2023: € 2,436,366 ▼ 1% vs 2022 (€ 2,468,251) Unchanged	€ 2,405,583 Balance sheet total 2024: € 2,405,583 ▼ 1% vs 2023 (€ 2,436,366) Unchanged	€ 2,303,710 Balance sheet total 2025: € 2,303,710 ▼ 4% vs 2024 (€ 2,405,583) Unchanged	▼ 4%

Key figures of FIRST FLOOR, 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 FLOOR?

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

Aug 31, 2026 New annual accounts for financial year 2025: loss of € 170,650. filed late Source: NBB ↗
Jan 1, 2012 New establishment in Huldenberg. KBO
Jan 1, 2012 New establishment in Huldenberg. KBO
Jan 16, 1997 New establishment in Sint-Joost-ten-Node. KBO
Jan 7, 1997 Start of the company according to the CBE. KBO

In short

From € 255,331 loss in 2022 to € 170,650 loss in 2025.

Original PDFs at the National Bank ↗

Management

Ivo Grauwels

FIRST FLOOR

GRATHIE

Barons House

Behind FIRST FLOOR is Ivo Grauwels . Ivo Grauwels is also behind GRATHIE and Barons House.

Directors

According to the 2025 annual accounts

Ivo Grauwels

Director

Also active at: GRATHIE, Barons House

Establishments

Establishment units

Physical locations of this company

Registered office

Belliardstraat 40

1040 Etterbeek

2.079.957.736

Kunstlaan 1 box 3

1210 Sint-Joost-ten-Node

Active since 16 January 1997

2.207.580.735

Kapelweg(NEE) 6

3040 Huldenberg

Active since 1 January 2012

2.207.580.834

Dorpsstraat(NEE) 5

3040 Huldenberg

Active since 1 January 2012

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 97 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: 0459.723.085
VAT number: BE 0459.723.085
Registered office: Belliardstraat 40, 1040 Etterbeek
Names & denominations: FIRST FLOOR
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 7 January 1997
Peppol: Not registered

View on CBE Public ↗ Annual accounts (NBB) ↗