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.
€ -302,025
▼ € 386,611 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -386,611
▼ still € 16,744 profit in 2023
Profit after tax over the fiscal year.
€ 59,457
▼ 62% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -320,625.
People and assets in 2024
€ 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.
€ 51,103
▼ 69% vs 2023
Of which on lease € 13,320.
Debts at end 2024
€ 832,407
▼ 16% vs 2023
€ 250,221 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.2 million
▼ 14% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 9,739
▼ 78% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 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
Behind A.C. First is Adrien Guerrero Y rodriguez. Adrien Guerrero Y rodriguez is also behind ADRINA.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Rue de la Vallée 10
4470 Saint-Georges-sur-Meuse
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
- 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