Bankrupt · Opening faillissement (CBE)

A.C. First

BE0899914332

Rechtspersoon Private limited company 1 establishment

A.C. First is a specialised building contractor in Saint-Georges-sur-Meuse. Private Limited, started on 22 August 2008, 1 establishment.

Rue de la Vallée 10, 4470 Saint-Georges-sur-Meuse

Behind the company: Adrien Guerrero Y rodriguez.

Start date

22 August 2008

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 1 of the last 4 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 51 % of short-term debt in 2024; threshold 65 %.

  • Figures corrected NBB

    Corrected annual account filed for 2024.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2024

A.C. First from Saint-Georges-sur-Meuse, company number BE0899914332, closed financial year 2024 with a result of € -386,611 after tax. For that financial year A.C. First recorded a gross margin of € -205,748 and equity of € -302,025. Compared with financial year 2023, the result moved from € 16,744 to € -386,611. 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 July 2, 2025.

What it is worth Caution

€ -302,025

▼ € 386,611 vs 2023

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

Loss Caution

€ -386,611

▼ still € 16,744 profit in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 59,457

▼ 62% vs 2023

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 € -320,625.

People and assets in 2024

Wage cost

€ 1,612

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 51,103

▼ 69% vs 2023

Of which on lease € 13,320.

Debts at end 2024

Bank debt ≈ 3 years to go

€ 832,407

▼ 16% vs 2023

€ 250,221 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 1.2 million

▼ 14% vs 2023

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

Taxes

€ 9,739

▼ 78% vs 2023

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 107,053 € 228,480 € 208,750 € -205,748 ▼ € 414,498
Profit after taxes € 19,544 € 25,596 € 16,744 € -386,611 ▼ € 403,355
Equity € 42,247 € 67,843 € 84,587 € -302,025 ▼ € 386,611
Total debts € 1,120,708 € 1,364,863 € 2,398,208 € 2,045,633 ▼ 15%
Cash € 65,074 € 64,193 € 156,166 € 59,457 ▼ 62%
Land & buildings - - € 641,016 € 730,094 ▲ 14%
Retained profit € 23,647 € 49,243 € 65,987 € -320,625 ▼ € 386,611
Bank debt € 385,313 € 370,046 € 991,622 € 832,407 ▼ 16%
Balance sheet total € 1,162,955 € 1,432,706 € 2,482,795 € 1,743,608 ▼ 30%

Key figures of A.C. First, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to A.C. First?

What happened at A.C. First in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

A.C. First is active according to the CBE. Legal situation: Opening faillissement.

  • Corrected annual accounts filed for financial year 2024. Source: NBB ↗
  • Start of the company according to the CBE. KBO
  • New establishment in Saint-Georges-sur-Meuse. KBO

In short

From € 19,544 profit in 2021 to € 386,611 loss in 2024.

Paid € 53,060 in corporate taxes since 2021.

Best year ever: 2022, with € 25,596 profit.

Management

Adrien Guerrero Y rodriguez
A.C. First

Behind A.C. First is Adrien Guerrero Y rodriguez. Adrien Guerrero Y rodriguez is also behind ADRINA.

Directors

According to the 2024 annual accounts

Adrien Guerrero Y rodriguez

Director

Also active at: ADRINA

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de la Vallée 10

4470 Saint-Georges-sur-Meuse

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0899.914.332
VAT number
BE 0899.914.332
Registered office
Rue de la Vallée 10, 4470 Saint-Georges-sur-Meuse
Names & denominations
A.C. First
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
22 August 2008
Peppol
Not registered
Activities · NACE

Installatie van isolatie

Isolatiewerkzaamheden

Frequently asked questions

What does A.C. First do?
A.C. First is a specialised building contractor in Saint-Georges-sur-Meuse. Private Limited, started on 22 August 2008, 1 establishment.
What is the address of A.C. First?
The registered office of A.C. First is located at Rue de la Vallée 10, 4470 Saint-Georges-sur-Meuse.
Is A.C. First still active?
No. The CBE lists A.C. First with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is A.C. First registered on Peppol?
No, A.C. First is currently not registered on the Peppol network.
What is the enterprise number of A.C. First?
The enterprise number of A.C. First is BE0899914332.
When was A.C. First founded?
A.C. First was founded on 22 August 2008.