Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
FIRST CIRCLE from Ukkel, company number BE0664901841, closed financial year 2025 with a result of € 31,154 after tax. For that financial year FIRST CIRCLE recorded a gross margin of € -16,785 and equity of € 10.8 million. Compared with financial year 2024, the result moved from € 35,230 to € 31,154. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 16, 2026.
€ 10.8 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 31,154
▼ 12% vs 2024
Profit after tax over the fiscal year.
€ 106,448
▼ 19% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -64.5 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5,977
▲ € 5,282 vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -10,333 | € -11,040 | € -10,990 | € -16,785 | ▼ € 5,795 |
| Profit after taxes | € 39,011 | € 36,104 | € 35,230 | € 31,154 | ▼ 12% |
| Equity | € 10,699,557 | € 10,735,661 | € 10,770,890 | € 10,802,045 | |
| Total debts | € 8,843 | € 10,644 | € 696 | € 5,977 | ▲ € 5,282 |
| Cash | € 188,030 | € 166,033 | € 131,413 | € 106,448 | ▼ 19% |
| Retained profit | € -64,624,443 | € -64,588,339 | € -64,553,110 | € -64,521,955 | |
| Balance sheet total | € 10,708,399 | € 10,746,305 | € 10,771,586 | € 10,808,022 |
Key figures of FIRST CIRCLE, 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 CIRCLE?
What happened at FIRST CIRCLE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 31,154 (▼ 12% vs 2024). Source: NBB ↗
- New establishment in Elsene. KBO
- Antoinette FREDEAU-GROSMAN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 39,011 profit in 2022 to € 31,154 profit in 2025.
Paid € 44,932 in corporate taxes since 2022.
Best year ever: 2022, with € 39,011 profit.
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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 CIRCLE is Antoinette FREDEAU-GROSMAN. It owns 31.3% of MARINA itself.
Directors
According to the 2025 annual accounts
since 2016
Establishments
Establishment units
Physical locations of this company
Hamoirlaan 23A
1180 Ukkel
Dalstraat 18
1050 Elsene
Active since 24 October 2016
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 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
- 0664.901.841
- VAT number
- BE 0664.901.841
- Registered office
- Hamoirlaan 23A, 1180 Ukkel
- Names & denominations
- FIRST CIRCLE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 October 2016
- Peppol
- Not registered