Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
FIRST ELEMENT from Antwerpen, company number BE0534592437, closed financial year 2025 with a result of € -236,115 after tax. For that financial year FIRST ELEMENT recorded a gross margin of € -88,945 and equity of € 516,749. Compared with financial year 2024, the result moved from € 117,855 to € -236,115. The company made a loss. 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 July 14, 2026.
€ 516,749
▼ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -236,115
▼ still € 117,855 profit in 2024
Profit after tax over the fiscal year.
€ 571,155
▲ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 498,149.
People and assets in 2025
1.2
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 74,314
▲ 30% vs 2024
€ 61,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 8,255
▲ 151% 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.
€ 498,310
▲ € 419,266 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,537
▼ 30% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 279,070 | € 237,783 | € 211,281 | € -88,945 | ▼ € 300,226 |
| Profit after taxes | € 85,607 | € 105,516 | € 117,855 | € -236,115 | ▼ € 353,970 |
| Equity | € 529,493 | € 635,009 | € 752,864 | € 516,749 | ▼ 31% |
| Total debts | € 44,281 | € 340,263 | € 106,629 | € 526,611 | ▲ € 419,982 |
| Cash | € 243,198 | € 677,390 | € 405,758 | € 571,155 | ▲ 41% |
| Retained profit | € 510,893 | € 616,409 | € 734,264 | € 498,149 | ▼ 32% |
| Balance sheet total | € 573,774 | € 975,272 | € 859,493 | € 1,043,360 | ▲ 21% |
| Employees (FTE) | 0.6 | 0.8 | 1.1 | 1.2 | ▲ 0.1 |
Key figures of FIRST ELEMENT, 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 ELEMENT?
What happened at FIRST ELEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 236,115 (▼ € 353,970 vs 2024). Source: NBB ↗
- New establishment in Antwerpen. KBO
- Edward Wilkes became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 85,607 profit in 2022 to € 236,115 loss in 2025.
Paid € 109,548 in corporate taxes since 2022.
Best year ever: 2024, with € 117,855 profit.
On average € 192,100 of value added per employee in 2024.
A new publication or filing at FIRST ELEMENT? We notify you, reason included.
Follow FIRST ELEMENTDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind FIRST ELEMENT is Edward Wilkes. The shares are held by Johannes Erikson (95%) and Edward Wilkes (5%).
Directors
According to the 2025 annual accounts
Edward Wilkes
Director
Owns 5% directly
since 2013
Shareholders
Johannes Erikson
95%
Edward Wilkes · director
5%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hoveniersstraat 22
2018 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
All companies at this address →Belgische vereniging van handelaars in- en uitvoerders van geslepen diamant
Syndikaat der Belgische Diamantnijverheid
Rijksverlofkas voor de Diamantnijverheid
€ 43,500 gross margin · 2025
Fonds voor de Diamantnijverheid - Fonds pour l'Industrie diamantaire
DE BELGISCHE DIAMANTNIJVERHEID
+9 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0534.592.437
- VAT number
- BE 0534.592.437
- Registered office
- Hoveniersstraat 22, 2018 Antwerpen
- Names & denominations
- FIRST ELEMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 May 2013
- Peppol
- Active · Active since 9 Dec 2025
- Activities · NACE
Groothandel in diamant en andere edelstenen