ACTIVE

THE TWENTY FIRST

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Financial year 2025 · closed on 31/12/2025
Net result
340,8 k €
+55.7% YoY
Gross margin
241,6 k €
+8.1% YoY
Equity
220,1 k €
-41.9% YoY
Workforce
1,0 ETP
0.0% YoY

What does THE TWENTY FIRST do?

THE TWENTY FIRST is a Private limited company incorporated in 2016. Its main activity is: Activities of insurance agents and brokers. Its registered office is in Soumagne. It employs on average 1,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0645.906.469
Incorporation
13/01/2016
Legal form
Private limited company
Registered office
Avenue de la Résistance 237
4630 Soumagne · WallonieSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Activities (NACE)
66220Activities of insurance agents and brokers· main66220Activities of insurance agents and brokers66199Other activities auxiliary to financial services, except insurance and pension funding66199Other activities auxiliary to financial services, except insurance and pension funding
Joint committees (1)
  • 307
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin241,6 k €223,6 k €209,4 k €164,6 k €174,8 k €44,5 k €25 k €30,6 k €22,1 k €35,1 k €
EBITDA161 k €143,8 k €124,7 k €99,8 k €116,4 k €43 k €16,5 k €26,9 k €18,1 k €33,6 k €
Operating result145,9 k €128,4 k €119,2 k €87,1 k €104,3 k €41,1 k €16,5 k €16,6 k €7,8 k €23,3 k €
Net result340,8 k €218,9 k €204,4 k €101,7 k €203 k €158,7 k €103,4 k €109,7 k €100,7 k €144 k €
Balance sheet
Equity220,1 k €378,8 k €378,8 k €378,8 k €380,7 k €179,1 k €68,2 k €364,8 k €255,1 k €154,4 k €
Total assets942 k €986,3 k €1,1 M €1 M €1 M €856,8 k €805,7 k €819,9 k €826,2 k €848,9 k €
Cash48,1 k €93,1 k €168,4 k €151,1 k €175,2 k €736,2 €3,8 k €12,8 k €7,6 k €8,9 k €
Debts713 k €595,5 k €675,5 k €617,4 k €633,2 k €676,2 k €727,2 k €455,1 k €571 k €694,5 k €
Other
Workforce1,0 ETP1,0 ETP1,0 ETP1,0 ETP0,9 ETP–––0,3 ETP–
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Steve Gianotti

Director

Active

Ended mandates

Steve GIANOTTI

Director · since 05 janvier 2016

Ended
Steve GIANOTTI

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
BUREAU ALBERT GIANOTTI● Active
0898.545.048
UNITE TVA GIANOTTI● Active
0749.686.670
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date26/06/202625/07/202525/06/202407/03/202329/06/202202/08/2021
General meeting18/06/202606/06/202517/06/202428/02/202327/06/202230/06/2021
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202518/06/202626/06/2026FrenchPDF
Abridged model31/12/202406/06/202525/07/2025FrenchPDF
Abridged model31/12/202317/06/202425/06/2024FrenchPDF
Abridged model31/12/202228/02/202307/03/2023FrenchPDF
Abridged model31/12/202127/06/202229/06/2022FrenchPDF
Abridged model31/12/202030/06/202102/08/2021FrenchPDF
Abridged model31/12/201930/06/202016/07/2020FrenchPDF
Abridged model31/12/201831/05/201918/06/2019FrenchPDF
Abridged model31/12/201712/03/201819/03/2018FrenchPDF
Abridged model31/12/201610/04/201720/07/2017FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 · 2 ended

Active mandates

Steve Gianotti

Director

Active

Ended mandates

Steve GIANOTTI

Director · since 05 janvier 2016

Ended
Steve GIANOTTI

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/09/2022
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Other26/01/2016
    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 2025340,8 k €↑
  2. 2024
    Annual accounts 2024218,9 k €↑
  3. 2023
    Annual accounts 2023204,4 k €↑
  4. 2022
    Annual accounts 2022101,7 k €↓
  5. 2021
    Annual accounts 2021203 k €↑
  6. 2020
    Annual accounts 2020158,7 k €↑
  7. 2019
    Annual accounts 2019103,4 k €↓
  8. 2018
    Annual accounts 2018109,7 k €↑
  9. 2017
    Annual accounts 2017100,7 k €↓
  10. 2016
    Annual accounts 2016144 k €
  11. 13/01/2016
    IncorporationPrivate limited company