ACTIVE

FirstClass

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Financial year 2025 · closed on 31/03/2025
Net result
5,9 k €
+78.1% YoY
Gross margin
85,4 k €
+93.8% YoY
Equity
90,7 k €
+7.0% YoY

What does FirstClass do?

FirstClass is a Private limited company incorporated in 2017. Its registered office is in Auderghem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0675.726.744
Incorporation
15/05/2017
Legal form
Private limited company
Registered office
Avenue des Héros 23
1160 Auderghem · BruxellesSee on map
Contributed capital
100,00 €
Latest accounts
31/03/2025
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin85,4 k €44,1 k €75,0 k €34,0 k €24,4 k €8,2 k €12,4 k €
EBITDA57,4 k €33,4 k €57,5 k €28,1 k €21,2 k €7,2 k €8,7 k €
Operating result28,7 k €11,6 k €39,9 k €15,8 k €20,7 k €7,1 k €8,7 k €
Net result5,9 k €3,3 k €37,1 k €13,6 k €15,4 k €7,0 k €8,4 k €
Balance sheet
Equity90,7 k €84,8 k €81,4 k €44,3 k €30,7 k €15,3 k €8,5 k €
Total assets242,8 k €104,3 k €159,7 k €98,5 k €32,1 k €23,3 k €15,8 k €
Cash27,1 k €13,1 k €9,7 k €4,7 k €2,6 k €3,2 k €302,2 €
Debts152,1 k €19,5 k €78,2 k €54,3 k €1,3 k €8,0 k €7,4 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 1 ended

Active mandates

Goerge Varzaru

Mandate

Active
Ioana Varzaru

Mandate

Active

Ended mandates

George Varzaru

Mandate

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelAbridged modelAbridged model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/09/202503/09/202426/06/202313/09/202215/11/202131/05/2021
General meeting30/06/202503/09/202426/06/202313/09/202230/09/202131/12/2020
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/03/202530/06/202523/09/2025FrenchPDF
Micro model31/03/202403/09/202403/09/2024FrenchPDF
Micro model31/03/202326/06/202326/06/2023FrenchPDF
Micro model31/03/202213/09/202213/09/2022FrenchPDF
Abridged model31/03/202130/09/202115/11/2021FrenchPDF
Abridged model31/03/202031/12/202031/05/2021FrenchPDF
Abridged model31/03/201922/08/201922/08/2019FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 31/03/2025 · 2 active · 1 ended

Active mandates

Goerge Varzaru

Mandate

Active
Ioana Varzaru

Mandate

Active

Ended mandates

George Varzaru

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates23/12/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/12/2019
    MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office10/09/2018
    SIEGE SOCIAL
    PDF
  • Other17/05/2017
    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 20255,9 k €↑
  2. 2024
    Annual accounts 20243,3 k €↓
  3. 2023
    Annual accounts 202337,1 k €↑
  4. 2022
    Annual accounts 202213,6 k €↓
  5. 2021
    Annual accounts 202115,4 k €↑
  6. 2020
    Annual accounts 20207,0 k €↓
  7. 2019
    Annual accounts 20198,4 k €
  8. 15/05/2017
    IncorporationPrivate limited company