ACTIVE

FIRST CONSTRUCT

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Financial year 2024 · closed on 31/12/2024
Net result
44,7 k €
+339.6% YoY
Gross margin
124,6 k €
+1.7% YoY
Equity
200,4 k €
+28.7% YoY

What does FIRST CONSTRUCT do?

FIRST CONSTRUCT is a Private limited company incorporated in 2008. Its main activity is: Other specialised construction activities n.e.c.. Its registered office is in Saint-Gilles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0808.222.905
Incorporation
05/12/2008
Legal form
Private limited company
Registered office
Rue Théodore Verhaegen 196/202
1060 Saint-Gilles · BruxellesSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2024
Activities (NACE)
43990Other specialised construction activities n.e.c.· main43995Other specialised construction activities n.e.c.43230Electrical, plumbing and other construction installation activities43291Other construction installation43341Painting and glazing43341Painting and glazing+4
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202420232022202120202019201820172016201520142013201220112010
Income statement
Gross margin124,6 k €122,5 k €81,7 k €64,1 k €16,7 k €4,4 k €54,8 k €68,2 k €34,7 k €9,5 k €49,9 k €64,6 k €48,3 k €51,3 k €30,4 k €
EBITDA90,5 k €60,8 k €66,2 k €60,7 k €11,0 k €-2,2 k €37,1 k €64,6 k €34,0 k €8,2 k €48,3 k €52,6 k €46,6 k €24,1 k €16,8 k €
Operating result65,0 k €13,4 k €52,2 k €43,7 k €-4,8 k €-18,7 k €20,5 k €47,2 k €21,3 k €-3,3 k €32,4 k €38,2 k €37,0 k €22,8 k €16,8 k €
Net result44,7 k €-18,7 k €35,6 k €31,8 k €-5,3 k €-33,5 k €18,7 k €31,5 k €13,4 k €-8,2 k €21,3 k €24,5 k €22,9 k €22,7 k €16,8 k €
Balance sheet
Equity200,4 k €155,7 k €174,4 k €138,8 k €107,0 k €112,4 k €145,9 k €141,6 k €110,1 k €96,7 k €105,0 k €83,7 k €59,2 k €45,8 k €23,0 k €
Total assets517,2 k €273,2 k €402,1 k €240,6 k €185,0 k €161,7 k €229,8 k €323,2 k €185,2 k €222,1 k €406,4 k €265,4 k €97,3 k €142,3 k €50,6 k €
Cash106,7 k €72,3 k €71,7 k €54,2 k €32,7 k €41,6 k €37,7 k €90,8 k €74,4 k €54,2 k €25,8 k €36,4 k €–72,4 k €22,7 k €
Debts257,4 k €79,0 k €227,8 k €101,8 k €77,9 k €49,4 k €84,0 k €179,5 k €75,1 k €125,4 k €301,2 k €181,6 k €38,1 k €96,5 k €27,6 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 31/12/2024 · 1 active · 3 ended

Active mandates

Wesley Da Cunha Martins ,

Mandate

Active

Ended mandates

DA CUNHA MARTINS WESLEY DA CUNHA MARTINS

Director · since 14 janvier 2009

Ended
MARTINS WESLEY DA CUNHA

Director · since 14 janvier 2009

Ended
MARTINS WESLEY DA CUNHA

Manager

Ended
At this address

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Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/09/202507/10/202409/10/202329/12/202208/11/202115/12/2020
General meeting29/09/202521/05/202409/10/202315/12/202205/11/202115/12/2020
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202429/09/202530/09/2025FrenchPDF
Micro model31/12/202321/05/202407/10/2024FrenchPDF
Micro model31/12/202209/10/202309/10/2023FrenchPDF
Micro model31/12/202115/12/202229/12/2022FrenchPDF
Micro model31/12/202005/11/202108/11/2021FrenchPDF
Micro model31/12/201915/12/202015/12/2020FrenchPDF
Micro model31/12/201821/05/201931/07/2019FrenchPDF
Micro model31/12/201714/09/201820/10/2018FrenchPDF
Abridged model31/12/201628/09/201728/09/2017FrenchPDF
Abridged model31/12/201512/10/201601/11/2016FrenchPDF
Abridged model31/12/201407/09/201617/01/2017FrenchPDF
Abridged model31/12/201330/06/201427/10/2014FrenchPDF
Abridged modelCorrection31/12/201230/06/201303/03/2014FrenchPDF
Abridged model31/12/201230/06/201326/11/2013FrenchPDF
Abridged model31/12/201130/06/201208/10/2012FrenchPDF
Abridged model31/12/201007/03/201216/03/2012FrenchPDF
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 31/12/2024 · 1 active · 3 ended

Active mandates

Wesley Da Cunha Martins ,

Mandate

Active

Ended mandates

DA CUNHA MARTINS WESLEY DA CUNHA MARTINS

Director · since 14 janvier 2009

Ended
MARTINS WESLEY DA CUNHA

Director · since 14 janvier 2009

Ended
MARTINS WESLEY DA CUNHA

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates30/05/2025
    DEMISSIONS, NOMINATIONS, MODIFICATION FORME
    PDF
  • Capital / shares05/12/2018
    CAPITAL, ACTIONS
    PDF
  • Capital / shares25/07/2016
    CAPITAL, ACTIONS
    PDF
  • Registered office01/03/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares03/02/2015
    KAPITAAL - AANDELEN
    PDF
  • Registered office14/11/2014
    MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN
    PDF
  • Capital / shares31/01/2014
    CAPITAL, ACTIONS
    PDF
  • Capital / shares14/03/2013
    CAPITAL, ACTIONS
    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. 2024
    Annual accounts 202444,7 k €↑
  2. 2023
    Annual accounts 2023-18,7 k €↓
  3. 2022
    Annual accounts 202235,6 k €↑
  4. 2021
    Annual accounts 202131,8 k €↑
  5. 2020
    Annual accounts 2020-5,3 k €↑
  6. 2019
    Annual accounts 2019-33,5 k €↓
  7. 2018
    Annual accounts 201818,7 k €↓
  8. 2017
    Annual accounts 201731,5 k €↑
  9. 2016
    Annual accounts 201613,4 k €↑
  10. 2015
    Annual accounts 2015-8,2 k €↓
  11. 2014
    Annual accounts 201421,3 k €↓
  12. 2013
    Annual accounts 201324,5 k €↑
  13. 2012
    Annual accounts 201222,9 k €↑
  14. 2011
    Annual accounts 201122,7 k €↑
  15. 2010
    Annual accounts 201016,8 k €
  16. 05/12/2008
    IncorporationPrivate limited company