Financials
Financial year 2025
FIRST TIME RIGHT from Wetteren, company number BE0683714891, closed financial year 2025 with a result of € 14,923 after tax. For that financial year FIRST TIME RIGHT recorded a gross margin of € 1.3 million and equity of € 160,521. Compared with financial year 2024, the result moved from € 11,550 to € 14,923. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 160,521
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,923
▲ 29% vs 2024
Profit after tax over the fiscal year.
€ 84,209
▲ 37% 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 € 141,921.
People and assets in 2025
21
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 6% vs 2024
€ 54,400 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.
€ 246,886
▲ 177% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 244,747
▲ € 225,031 vs 2024
€ 46,240 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 139,362
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 150,130
▲ 77% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,192,500 | € 1,404,147 | € 1,185,751 | € 1,276,227 | ▲ 8% |
| Profit after taxes | € 25,704 | € 78,621 | € 11,550 | € 14,923 | ▲ 29% |
| Equity | € 132,235 | € 154,955 | € 155,317 | € 160,521 | ▲ 3% |
| Total debts | € 460,418 | € 401,683 | € 257,180 | € 551,891 | ▲ 115% |
| Cash | € 87,693 | € 155,018 | € 61,246 | € 84,209 | ▲ 37% |
| Retained profit | € 113,635 | € 136,355 | € 136,717 | € 141,921 | ▲ 4% |
| Dividend | € 7,564 | € 43,000 | € 0 | € 0 | |
| Bank debt | € 163,633 | € 75,477 | € 19,716 | € 244,747 | ▲ € 225,031 |
| Balance sheet total | € 592,653 | € 556,638 | € 412,496 | € 712,412 | ▲ 73% |
| Employees (FTE) | 24.4 | 23.7 | 20.8 | 21 | ▲ 0.2 |
Key figures of FIRST TIME RIGHT, 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 TIME RIGHT?
What happened at FIRST TIME RIGHT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 14,923 (▲ 29% vs 2024). Source: NBB ↗
- Acribi BV became a director. NBB
- Swisssleep BV became a director. NBB
- New establishment in Wetteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 25,704 profit in 2022 to € 14,923 profit in 2025.
Paid € 35,225 in corporate taxes since 2022.
Best year ever: 2023, with € 78,621 profit.
On average € 60,800 of value added per employee in 2025.
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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 TIME RIGHT are Acribi BV and Swisssleep BV. The same people are also behind Intres XP, ROTA RETAIL and SLAAPADVIES.
Directors
According to the 2025 annual accounts
Director · represented by Anouck Bracke
Also active at: Intres XP, ROTA RETAIL, SLAAPADVIES
since 2023
Director · represented by Emmanuel Desaever
Also active at: Intres XP, ROTA RETAIL, SLAAPADVIES
since 2023
Establishments
Establishment units
Physical locations of this company
Biezeweg 9
9230 Wetteren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0683.714.891
- VAT number
- BE 0683.714.891
- Registered office
- Biezeweg 9, 9230 Wetteren
- Names & denominations
- FIRST TIME RIGHT · FTR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 October 2017
- Peppol
- Active · Active since 7 Mar 2023
- Contact
- +3292582400
- Activities · NACE
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