ACTIVE

FIRST-CONNECT

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Financial year 2024 · closed on 31/12/2024

Net result

-1,2 k €

+19.0% YoY

Gross margin

-409,6 €

+40.5% YoY

Equity

3 k €

-28.2% YoY

Workforce

0,0 ETP

What does FIRST-CONNECT do?

FIRST-CONNECT is a Private limited company incorporated in 1990. Its main activity is: Management consultancy activities. Its registered office is in Mechelen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0440.210.249

Incorporation

09/02/1990

Legal form

Private limited company

Registered office

Motstraat 30
2800 Mechelen · FlandreSee on map

Contributed capital

30 986,69 €

Latest accounts

31/12/2024

Average workforce

0,0 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities

Joint committees (3)

100
14901
200

Signals

Solid equityGood liquidity

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-409,6 €	+40.5%	-688,9 €	-101%	69,1 k €	+0.6%	68,7 k €	+2763%	-2,6 k €	-111%	23,3 k €	+2065%	-1,2 k €	+55.4%	-2,7 k €	+32.3%	-3,9 k €	+68.5%	-12,5 k €	-104%	295,7 k €	-37.6%	474 k €	+53.8%	308,3 k €	+561%	-66,8 k €	-4376%	-1,5 k €	-212%	1,3 k €	-70.6%	4,5 k €
EBITDA	-935,8 €	+22.8%	-1,2 k €	-102%	68,6 k €	+0.6%	68,2 k €	+2272%	-3,1 k €	-802%	447,1 €	+127%	-1,7 k €	+46.6%	-3,2 k €	+33.7%	-4,8 k €	+75.4%	-19,3 k €	+53.4%	-41,5 k €	-359%	16 k €	-63.7%	44 k €	+153%	-82,5 k €	-4624%	-1,7 k €	-260%	1,1 k €	-74.5%	4,3 k €
Operating result	-935,8 €	+22.8%	-1,2 k €	-102%	66,1 k €	+6.3%	62,2 k €	+2080%	-3,1 k €	-802%	447,1 €	+127%	-1,7 k €	+52.6%	-3,6 k €	+31.1%	-5,2 k €	+74.6%	-20,3 k €	+51.7%	-42,1 k €	-378%	15,1 k €	-65.0%	43,1 k €	+152%	-83,4 k €	-4674%	-1,7 k €	-260%	1,1 k €	-74.5%	4,3 k €
Net result	-1,2 k €	+19.0%	-1,5 k €	-102%	65,7 k €	+6.1%	61,9 k €	+1952%	-3,3 k €	-2152%	162,9 €	+109%	-1,8 k €	+53.0%	-3,8 k €	+40.8%	-6,3 k €	+76.4%	-26,8 k €	+48.0%	-51,5 k €	-723%	8,3 k €	-76.7%	35,5 k €	+142%	-83,9 k €	-1192%	-6,5 k €	-699%	1,1 k €	-75.6%	4,4 k €
Balance sheet
Equity	3 k €	-28.2%	4,2 k €	-25.8%	5,7 k €	+109%	-60 k €	+47.4%	-114,1 k €	-3.0%	-110,8 k €	+0.1%	-110,9 k €	-1.6%	-109,2 k €	-3.6%	-105,4 k €	-6.4%	-99,1 k €	-37.1%	-72,3 k €	-248%	-20,8 k €	+28.5%	-29 k €	+55.0%	-64,6 k €	-434%	19,3 k €	-25.1%	25,8 k €	+4.4%	24,7 k €
Total assets	3,5 k €	-16.3%	4,2 k €	-31.4%	6,1 k €	-19.6%	7,6 k €	+83.7%	4,1 k €	-47.2%	7,8 k €	+0.4%	7,8 k €	-9.1%	8,6 k €	+15.9%	7,4 k €	-79.4%	35,9 k €	-76.5%	153 k €	+14.9%	133,1 k €	-20.9%	168,4 k €	-23.3%	219,6 k €	+985%	20,2 k €	-27.2%	27,8 k €	-7.8%	30,1 k €
Cash	3,5 k €	-1.2%	3,5 k €	-38.9%	5,8 k €	+21.9%	4,8 k €	+448%	870,4 €	-4.4%	910,1 €	+310%	221,7 €	-77.5%	987,7 €		–		2,4 k €	-77.3%	10,5 k €	-33.5%	15,8 k €	-58.1%	37,6 k €	+40.2%	26,8 k €	+45.7%	18,4 k €	-2.8%	19 k €	+89.7%	10 k €
Debts	498,1 €		0 €	-100%	461,5 €	-99.3%	67,6 k €	-42.8%	118,3 k €	-0.3%	118,6 k €	-0.1%	118,7 k €	+0.8%	117,8 k €	+4.4%	112,8 k €	-16.4%	135 k €	-40.1%	225,3 k €	+56.0%	144,4 k €	-23.9%	189,8 k €	-31.0%	275,3 k €	+30357%	903,9 €	-54.3%	2 k €	-63.4%	5,4 k €
Other
Workforce	0,0 ETP		0,0 ETP		–		–		–		0,5 ETP		–		–		–		0,1 ETP	-98.9%	8,8 ETP	+10.0%	8,0 ETP	-46.7%	15,0 ETP	+1400%	1,0 ETP		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 12 ended

Active mandates

First-IT

Director · since 27 mars 2024 · 0860.407.321

Represented by Vanhove STYN

Active

Ended mandates

First-IT

Manager · since 13 novembre 2014 · 0860.407.321

Represented by Michel Schrijvers

Ended

First-IT

Director · since 13 novembre 2014 · 0860.407.321

Represented by Schrijvers Michel

Ended

First-IT

Manager · since 13 novembre 2014 · 0860.407.321

Represented by Michel Schrijvers

Ended

Eddy Lambaerts

Manager · since 20 mai 2009

Ended

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Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	14/11/2025	03/10/2024	16/06/2023	01/07/2022	16/07/2021	27/08/2020
General meeting	15/06/2025	17/09/2024	16/06/2023	30/06/2022	30/06/2021	30/06/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	15/06/2025	14/11/2025	Dutch	PDF
Abridged model	31/12/2023	17/09/2024	03/10/2024	Dutch	PDF
Abridged model	31/12/2022	16/06/2023	16/06/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	01/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	16/07/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	27/08/2020	Dutch	PDF
Abridged model	31/12/2018	16/05/2019	06/06/2019	Dutch	PDF
Abridged model	31/12/2017	17/05/2018	18/06/2018	Dutch	PDF
Abridged model	31/12/2016	08/06/2017	11/07/2017	Dutch	PDF
Abridged model	31/12/2015	19/05/2016	17/06/2016	Dutch	PDF
Abridged model	31/12/2014	21/05/2015	22/05/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	02/07/2014	Dutch	PDF
Abridged model	31/12/2012	19/06/2013	02/07/2013	Dutch	PDF
Abridged model	31/12/2011	28/06/2012	11/07/2012	Dutch	PDF
Abridged model	31/12/2010	19/05/2011	27/06/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	30/07/2010	Dutch	PDF
Abridged model	31/12/2008	20/05/2009	07/07/2009	Dutch	PDF
Abridged model	31/12/2007	21/05/2008	22/07/2008	Dutch	PDF
Abridged model	31/12/2006	21/05/2007	03/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 12 ended

Active mandates

First-IT

Director · since 27 mars 2024 · 0860.407.321

Represented by Vanhove STYN

Active

Ended mandates

First-IT

Manager · since 13 novembre 2014 · 0860.407.321

Represented by Michel Schrijvers

Ended

First-IT

Director · since 13 novembre 2014 · 0860.407.321

Represented by Schrijvers Michel

Ended

First-IT

Manager · since 13 novembre 2014 · 0860.407.321

Represented by Michel Schrijvers

Ended

Eddy Lambaerts

Manager · since 20 mai 2009

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other21/08/2026
wijziging vaste vertegenwoordiger
PDF
Other15/04/2024
Wijziging vaste vertegenwoordiger
PDF
Mandates09/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/09/2020
ONTSLAGEN - BENOEMINGEN
PDF
Registered office27/06/2018
MAATSCHAPPELIJKE ZETEL
PDF
Mandates04/12/2014
ONTSLAGEN - BENOEMINGEN
PDF
Registered office15/06/2009
BENAMING - MAATSCHAPPELIJKE ZETEL
PDF
Registered office04/01/2008
MAATSCHAPPELIJKE ZETEL
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2024
Annual accounts 2024-1,2 k €↑
2023
Annual accounts 2023-1,5 k €↓
2022
Annual accounts 202265,7 k €↑
2021
Annual accounts 202161,9 k €↑
2018
Annual accounts 2018-3,3 k €↓
2017
Annual accounts 2017162,9 €↑
2016
Annual accounts 2016-1,8 k €↑
2015
Annual accounts 2015-3,8 k €↑
2014
Annual accounts 2014-6,3 k €↑
2013
Annual accounts 2013-26,8 k €↑
2012
Annual accounts 2012-51,5 k €↓
2011
Annual accounts 20118,3 k €↓
2010
Annual accounts 201035,5 k €↑
2009
Annual accounts 2009-83,9 k €↓
2008
Annual accounts 2008-6,5 k €↓
2007
Annual accounts 20071,1 k €↓
2006
Annual accounts 20064,4 k €
09/02/1990
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

FIRST-CONNECT

Overview

What does FIRST-CONNECT do?

Trend over 17 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline