ACTIVE

FIRST EDGE

Financial year 2025 · closed on 31/12/2025
Net result
10 k €
+124.7% YoY
Gross margin
74,3 k €
+20.1% YoY
Equity
136,5 k €
+7.9% YoY

What does FIRST EDGE do?

FIRST EDGE is a Private limited company incorporated in 2014. Its main activity is: Other retail sale of new goods in specialised stores. Its registered office is in Woluwe-Saint-Lambert.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0505.785.912
Incorporation
28/11/2014
Legal form
Private limited company
Registered office
Allée Christian de Duve 9 box 3
1200 Woluwe-Saint-Lambert · BruxellesSee on map
Contributed capital
8 060,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Gross margin74,3 k €61,8 k €79,2 k €43,9 k €51,6 k €37,3 k €19,4 k €-1,5 k €-2 k €41,5 k €57,1 k €
EBITDA73,4 k €61,3 k €78,3 k €43 k €50,8 k €34,2 k €12,8 k €-1,9 k €-3,1 k €41,1 k €55,7 k €
Operating result63,7 k €52 k €76,1 k €26,5 k €33,6 k €17,1 k €5 k €-9,8 k €-11,7 k €32,4 k €46,3 k €
Net result10 k €4,5 k €25,7 k €19,3 k €24,1 k €15,3 k €2,9 k €-10 k €-12 k €21,5 k €31,3 k €
Balance sheet
Equity136,5 k €126,5 k €122 k €96,3 k €77,1 k €55,2 k €39,8 k €36,9 k €46,9 k €58,9 k €37,5 k €
Total assets150,1 k €141,5 k €134,2 k €117,3 k €113,4 k €68,7 k €83,2 k €38,5 k €50,4 k €74,4 k €93,4 k €
Cash83,3 k €56,2 k €32,6 k €65,4 k €59,5 k €6,2 k €19,6 k €79,5 €298,3 €4 k €13,9 k €
Debts13,6 k €15,1 k €12,2 k €21 k €36,3 k €13,5 k €43,4 k €1,6 k €3,5 k €14,2 k €54,9 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Freddy SUSANTO

Director · since 19 avril 2021

Active

Ended mandates

Freddy SUSANTO

Director · since 25 novembre 2014

Ended
FREDDY SUSANTO

Manager · since 25 novembre 2014

Ended
FREDDY SUSANTO

Director

Ended
At this address

Other companies at this address

CompanyCBE no.
1019.292.430
ShapingFutureActive
0793.809.396
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date25/08/202631/08/202530/08/202431/08/202330/08/202230/08/2021
General meeting25/06/202626/06/202527/06/202429/06/202330/06/202224/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202525/06/202625/08/2026FrenchPDF
Micro model31/12/202426/06/202531/08/2025FrenchPDF
Micro model31/12/202327/06/202430/08/2024FrenchPDF
Micro model31/12/202229/06/202331/08/2023FrenchPDF
Micro model31/12/202130/06/202230/08/2022FrenchPDF
Micro model31/12/202024/06/202130/08/2021FrenchPDF
Micro model31/12/201925/06/202030/07/2020FrenchPDF
Micro model31/12/201827/06/201930/07/2019FrenchPDF
Micro model31/12/201728/06/201829/08/2018FrenchPDF
Micro model31/12/201629/06/201731/07/2017FrenchPDF
Abridged model31/12/201530/06/201609/08/2016FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 31/12/2025 · 1 active · 3 ended

Active mandates

Freddy SUSANTO

Director · since 19 avril 2021

Active

Ended mandates

Freddy SUSANTO

Director · since 25 novembre 2014

Ended
FREDDY SUSANTO

Manager · since 25 novembre 2014

Ended
FREDDY SUSANTO

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/04/2021
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Other01/04/2015
    DIVERS
    PDF
  • Other02/12/2014
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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

Timeline

  1. 2025
    Annual accounts 202510 k €
  2. 2024
    Annual accounts 20244,5 k €
  3. 2023
    Annual accounts 202325,7 k €
  4. 2022
    Annual accounts 202219,3 k €
  5. 2021
    Annual accounts 202124,1 k €
  6. 2020
    Annual accounts 202015,3 k €
  7. 2019
    Annual accounts 20192,9 k €
  8. 2018
    Annual accounts 2018-10 k €
  9. 2017
    Annual accounts 2017-12 k €
  10. 2016
    Annual accounts 201621,5 k €
  11. 2015
    Annual accounts 201531,3 k €
  12. 28/11/2014
    IncorporationPrivate limited company