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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Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FIRST ESTATE from Asse, company number BE0835784761, closed financial year 2025 with a result of € -57,221 after tax. For that financial year FIRST ESTATE recorded a gross margin of € 108,879 and equity of € 2.6 million. Compared with financial year 2024, the result moved from € 12,440 to € -57,221. The company made a loss. 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 September 1, 2026.
€ 2.6 million
▲ € 3 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -57,221
▼ still € 12,440 profit in 2024
Profit after tax over the fiscal year.
€ 419
▲ € 401 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -473,212.
Debts at end 2025
€ 274,574
Loans from banks and other lenders, long and short.
€ 23,650
▲ 138% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 6,681 | € 22,135 | € 73,371 | € 108,879 | ▲ 48% |
| Profit after taxes | € -83,876 | € -72,692 | € 12,440 | € -57,221 | ▼ € 69,661 |
| Equity | € -416,753 | € -489,446 | € -397,390 | € 2,630,247 | ▲ € 3 million |
| Total debts | € 2,066,658 | € 2,070,998 | € 1,960,675 | € 1,649,620 | ▼ 16% |
| Cash | € 18 | € 18 | € 18 | € 419 | ▲ € 401 |
| Land & buildings | € 1,056,852 | € 982,632 | € 1,067,119 | € 4,096,099 | ▲ 284% |
| Retained profit | € -435,353 | € -508,046 | € -415,990 | € -473,212 | ▼ € 57,221 |
| Bank debt | € 274,574 | € 274,574 | € 274,574 | € 274,574 | |
| Balance sheet total | € 1,649,904 | € 1,581,552 | € 1,563,284 | € 4,279,867 | ▲ 174% |
Key figures of FIRST ESTATE, 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 ESTATE?
What happened at FIRST ESTATE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 57,221 (▼ € 69,661 vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 83,877 loss in 2022 to € 57,221 loss in 2025.
Paid € 739 in corporate taxes since 2022.
Best year ever: 2024, with € 12,440 profit.
Management
Behind FIRST ESTATE is Patrick Van Hove. Patrick Van Hove is also behind VIP VEILINGEN.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Brusselsesteenweg 277
1730 Asse
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0835.784.761
- VAT number
- BE 0835.784.761
- Registered office
- Brusselsesteenweg 277, 1730 Asse
- Names & denominations
- FIRST ESTATE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 April 2011
- Peppol
- Active · Active since 6 Feb 2026
- Activities · NACE
Activiteiten van deurwaarders
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Handel in eigen onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis