OPENING OF BANKRUPTCY

FIRST

Export PDF

Financial year 2024 · closed on 31/12/2024

Net result

-84,2 k €

-30.2% YoY

Gross margin

67,8 k €

-19.0% YoY

Equity

-16,4 k €

-124.2% YoY

Company — Opening of bankruptcy.

What does FIRST do?

FIRST is a Private limited company incorporated in 1997. Its main activity is: Cargo handling. Its registered office is in Antwerpen.

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0460.650.030

Incorporation

14/05/1997

Legal form

Private limited company

Registered office

Hardenvoort 16 box 3
2060 Antwerpen · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2024

Activities (NACE)

52241Cargo handling· main 52241Cargo handling 52249Cargo handling 52249Cargo handling 52250Support activities for transportation 52290Other transportation support activities+1

Joint committees (1)

Signals

Healthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	67,8 k €	-19.0%	83,7 k €	-50.2%	168,3 k €	+139%	70,3 k €	-73.7%	267,1 k €	+35.7%	196,8 k €	-5.0%	207,2 k €	-36.9%	328,5 k €	-5.0%	345,7 k €	-0.5%	347,3 k €	+55.7%	223 k €	-8.5%	243,8 k €	-4.6%	255,7 k €	+7.7%	237,3 k €	+16.1%	204,4 k €	+5.1%	194,4 k €	+12.1%	173,4 k €	+45.7%	119 k €	-23.8%	156,1 k €
EBITDA	-67,5 k €	-227%	-20,6 k €	-182%	25,1 k €	+138%	-65,7 k €	-151%	129,3 k €	+1215%	9,8 k €	-26.5%	13,4 k €	-91.8%	163,8 k €	-21.2%	207,8 k €	+6.7%	194,7 k €	+144%	79,9 k €	-10.2%	88,9 k €	-35.6%	138 k €	+7.0%	129 k €	-1.1%	130,4 k €	+8.8%	119,9 k €	+12.1%	106,9 k €	+116%	49,4 k €	-47.3%	93,7 k €
Operating result	-85 k €	-102%	-42,1 k €	-2329%	-1,7 k €	+98.1%	-91,9 k €	-198%	94 k €	+405%	-30,8 k €	+14.8%	-36,1 k €	-132%	113,2 k €	-25.0%	151,1 k €	+9.6%	137,8 k €	+386%	28,4 k €	-6.7%	30,4 k €	-65.6%	88,4 k €	+11.7%	79,1 k €	-6.3%	84,4 k €	+11.4%	75,7 k €	-6.1%	80,7 k €	+156%	31,5 k €	-59.7%	78,2 k €
Net result	-84,2 k €	-30.2%	-64,6 k €	-894%	-6,5 k €	+93.4%	-98,1 k €	-215%	85,1 k €	+300%	-42,6 k €	+21.6%	-54,3 k €	-202%	53,4 k €	-32.6%	79,2 k €	+14.0%	69,5 k €	+3152%	2,1 k €	+251%	-1,4 k €	-104%	38,1 k €	+30.5%	29,2 k €	-6.7%	31,3 k €	+20.3%	26 k €	-38.3%	42,1 k €	+239%	12,4 k €	-67.4%	38,1 k €
Balance sheet
Equity	-16,4 k €	-124%	67,7 k €	-48.8%	132,4 k €	-4.7%	138,9 k €	-41.4%	237 k €	+25.7%	188,6 k €	-18.4%	231,2 k €	-19.0%	285,5 k €	+17.9%	242,1 k €	+48.7%	162,8 k €	+38.8%	117,3 k €	+1.9%	115,2 k €	-34.9%	177 k €	+27.4%	138,9 k €	+24.9%	111,2 k €	-26.3%	151 k €	+20.8%	125 k €	+50.9%	82,8 k €	+17.6%	70,4 k €
Total assets	229,9 k €	-19.3%	284,8 k €	-12.7%	326,1 k €	+1.0%	323 k €	-29.0%	455,1 k €	-13.1%	523,7 k €	-12.8%	600,8 k €	-30.5%	864,8 k €	+33.1%	649,6 k €	+25.2%	518,7 k €	+18.6%	437,4 k €	-21.5%	557,2 k €	-8.8%	610,8 k €	+6.9%	571,3 k €	-0.9%	576,7 k €	-10.9%	647,5 k €	+15.4%	561 k €	+11.2%	504,7 k €	+14.7%	439,8 k €
Cash	25,9 k €	-48.6%	50,4 k €	+74.4%	28,9 k €	-19.4%	35,9 k €	-19.9%	44,8 k €	+9.9%	40,7 k €	+34.2%	30,4 k €	+65.9%	18,3 k €	-63.7%	50,5 k €	-60.3%	127,3 k €	+211%	40,9 k €	-11.4%	46,2 k €	-25.9%	62,4 k €	+71.2%	36,4 k €	-15.7%	43,2 k €	+14.3%	37,8 k €	+1.9%	37,1 k €	+16.8%	31,8 k €	-52.2%	66,5 k €
Debts	246,3 k €	+13.5%	217,1 k €	+12.0%	193,7 k €	+5.2%	184,1 k €	-15.6%	218,2 k €	-34.9%	335,1 k €	-9.3%	369,6 k €	-36.2%	579,4 k €	+42.1%	407,6 k €	+14.5%	355,9 k €	+11.2%	320,1 k €	-27.6%	442,1 k €	+1.9%	433,8 k €	+1.7%	426,4 k €	-8.4%	465,5 k €	-5.9%	494,5 k €	+14.4%	432,3 k €	+2.5%	421,9 k €	+14.2%	369,4 k €
Other
Workforce	–		–		–		2,3 ETP	-14.8%	2,7 ETP		–		–		3,3 ETP		–		2,8 ETP	0.0%	2,8 ETP	0.0%	2,8 ETP	0.0%	2,8 ETP	+55.6%	1,8 ETP	+80.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP

Governance

Board of directors

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

Active mandates

ROLF VERCRUYSSEN

Director · since 25 août 1997

Active

Ended mandates

ROLF VERCRUYSSEN

Manager · since 25 août 1997

Ended

At this address

Other companies at this address

Company	CBE no.
AGRICOLA TRADING● Active	0404.561.561
BUBBIMO● Active	0432.840.031
FUGGER INVEST● Active	0834.252.161
GAP SA Granen & Producten NV● Active	0811.148.939
GRANEX● Active	0424.870.292
GRANHOLD● Active	0444.302.956
MARINRAIL● Active	0820.426.196
MARINVESTS● Active	0471.321.911
PROXIMO● Active	0716.799.712
SEVENLOG BELGIUM● Active	0772.675.670

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro 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	11/07/2025	08/07/2025	31/08/2023	31/08/2022	02/12/2021	30/09/2020
General meeting	02/06/2025	03/06/2024	01/06/2023	01/06/2022	01/06/2021	02/06/2020
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	02/06/2025	11/07/2025	Dutch	PDF
Micro model	31/12/2023	03/06/2024	08/07/2025	Dutch	PDF
Micro model	31/12/2022	01/06/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	01/06/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	01/06/2021	02/12/2021	Dutch	PDF
Abridged model	31/12/2019	02/06/2020	30/09/2020	Dutch	PDF
Abridged model	31/12/2018	01/06/2019	11/06/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	27/07/2018	Dutch	PDF
Abridged model	31/12/2016	01/06/2017	24/07/2017	Dutch	PDF
Abridged model	31/12/2015	01/06/2016	24/06/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	30/06/2015	Dutch	PDF
Abridged model	31/12/2013	23/06/2014	15/07/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	27/06/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	29/06/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	29/07/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	22/07/2010	Dutch	PDF
Abridged model	31/12/2008	17/07/2009	17/08/2009	Dutch	PDF
Abridged model	31/12/2007	23/06/2008	28/07/2008	Dutch	PDF
Abridged model	31/12/2006	25/06/2007	24/07/2007	Dutch	PDF

Estimate

Indicative valuation

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 · 1 ended

Active mandates

ROLF VERCRUYSSEN

Director · since 25 août 1997

Active

Ended mandates

ROLF VERCRUYSSEN

Manager · since 25 août 1997

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates21/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Registered office27/01/2014
MAATSCHAPPELIJKE ZETEL
PDF
Mandates29/11/2010
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office08/05/2003
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 2024-84,2 k €↓
2023
Annual accounts 2023-64,6 k €↓
2022
Annual accounts 2022-6,5 k €↑
2021
Annual accounts 2021-98,1 k €↓
2020
Annual accounts 202085,1 k €↑
2019
Annual accounts 2019-42,6 k €↑
2018
Annual accounts 2018-54,3 k €↓
2017
Annual accounts 201753,4 k €↓
2016
Annual accounts 201679,2 k €↑
2015
Annual accounts 201569,5 k €↑
2014
Annual accounts 20142,1 k €↑
2013
Annual accounts 2013-1,4 k €↓
2012
Annual accounts 201238,1 k €↑
2011
Annual accounts 201129,2 k €↓
2010
Annual accounts 201031,3 k €↑
2009
Annual accounts 200926 k €↓
2008
Annual accounts 200842,1 k €↑
2007
Annual accounts 200712,4 k €↓
2006
Annual accounts 200638,1 k €
14/05/1997
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

Overview

What does FIRST do?

Trend over 19 financial years

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