ACTIVE

FIRSTEP

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

4,2 k €

-90.4% YoY

Gross margin

33,9 k €

-60.7% YoY

Equity

375,8 k €

+0.5% YoY

What does FIRSTEP do?

FIRSTEP is a Private limited company incorporated in 2010. Its main activity is: Construction of buildings. Its registered office is in Oupeye.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0824.300.258

Incorporation

25/03/2010

Legal form

Private limited company

Registered office

Rue Cockroux 102
4680 Oupeye · WallonieSee on map

Contributed capital

20 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 41002Construction of buildings 41202Construction of residential and non-residential buildings

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	33,9 k €	-60.7%	86,3 k €	+64.2%	52,6 k €	-40.8%	88,8 k €	+21.3%	73,2 k €	+17.1%	62,5 k €	-10.3%	69,7 k €	+322%	16,5 k €	+27.5%	12,9 k €	-58.6%	31,3 k €	-31.3%	45,5 k €	-11.4%	51,4 k €	+16.5%	44,1 k €	+65.7%	26,6 k €	+135%	11,3 k €	-40.0%	18,8 k €
EBITDA	33 k €	-61.2%	85 k €	+98.5%	42,8 k €	-51.2%	87,7 k €	+26.8%	69,2 k €	+24.5%	55,6 k €	-19.2%	68,8 k €	+344%	15,5 k €	+29.8%	11,9 k €	-59.0%	29,1 k €	-33.8%	44 k €	-12.9%	50,6 k €	+17.8%	42,9 k €	+66.3%	25,8 k €	+144%	10,6 k €	-41.1%	18 k €
Operating result	9,7 k €	-84.7%	63,4 k €	+123%	28,4 k €	-61.4%	73,7 k €	+30.0%	56,7 k €	+10.9%	51,1 k €	-11.5%	57,7 k €	+1005%	5,2 k €	+210%	1,7 k €	-90.9%	18,5 k €	-47.5%	35,3 k €	-15.3%	41,7 k €	+24.2%	33,5 k €	+94.8%	17,2 k €	+451%	3,1 k €	-73.7%	11,9 k €
Net result	4,2 k €	-90.4%	43,5 k €	+109%	20,8 k €	-55.4%	46,6 k €	+89.1%	24,7 k €	-56.1%	56,2 k €	+23.3%	45,6 k €	+817%	5 k €	+316%	1,2 k €	-85.2%	8,1 k €	-66.6%	24,1 k €	-22.8%	31,3 k €	+54.6%	20,2 k €	+18.9%	17 k €	+687%	2,2 k €	-71.1%	7,5 k €
Balance sheet
Equity	375,8 k €	+0.5%	373,8 k €	+13.2%	330,3 k €	+6.7%	309,5 k €	+17.7%	262,9 k €	+10.3%	238,3 k €	+30.9%	182 k €	+33.4%	136,5 k €	+3.8%	131,5 k €	+0.9%	130,3 k €	+6.6%	122,2 k €	+24.6%	98,1 k €	+46.7%	66,9 k €	+43.3%	46,6 k €	+57.4%	29,6 k €	+7.9%	27,5 k €
Total assets	431,6 k €	+0.4%	430,1 k €	+1.9%	422 k €	+13.0%	373,4 k €	+16.7%	320 k €	-3.8%	332,6 k €	+31.0%	253,8 k €	+9.5%	231,7 k €	+34.7%	172 k €	-11.9%	195,3 k €	+31.3%	148,8 k €	-17.4%	180 k €	+68.6%	106,8 k €	+21.6%	87,8 k €	+22.8%	71,5 k €	-26.5%	97,2 k €
Cash	304,4 k €	-5.6%	322,5 k €	+24.4%	259,4 k €	+45.4%	178,4 k €	-12.3%	203,4 k €	+99.0%	102,2 k €	+5.1%	97,3 k €	+66.1%	58,6 k €	-8.4%	64 k €	-21.7%	81,7 k €	-6.7%	87,6 k €	+81.3%	48,3 k €	+7.5%	44,9 k €	-16.8%	54 k €	+38.0%	39,2 k €	-10.0%	43,5 k €
Debts	55,9 k €	-0.8%	56,3 k €	-38.6%	91,7 k €	+43.6%	63,9 k €	+11.9%	57,1 k €	-39.4%	94,2 k €	+31.2%	71,8 k €	-24.7%	95,3 k €	+135%	40,5 k €	-37.7%	65 k €	+145%	26,5 k €	-67.6%	81,9 k €	+105%	39,9 k €	-3.0%	41,1 k €	-1.7%	41,8 k €	-40.0%	69,7 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 · 1 ended

Active mandates

Stéphane THUNISSEN

Manager · since 25 mars 2010

Active

Ended mandates

Philippe RIVOUX

Manager · since 25 mars 2010

Ended

At this address

Other companies at this address

Company	CBE no.
DEUX TROIS LIGNES● Active	0546.622.318

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/08/2026	25/07/2025	26/08/2024	30/08/2023	26/08/2022	28/07/2021
General meeting	04/06/2026	05/06/2025	06/06/2024	01/06/2023	02/06/2022	03/06/2021
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

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	04/06/2026	28/08/2026	French	PDF
Micro model	31/12/2024	05/06/2025	25/07/2025	French	PDF
Micro model	31/12/2023	06/06/2024	26/08/2024	French	PDF
Micro model	31/12/2022	01/06/2023	30/08/2023	French	PDF
Micro model	31/12/2021	02/06/2022	26/08/2022	French	PDF
Micro model	31/12/2020	03/06/2021	28/07/2021	French	PDF
Micro model	31/12/2019	04/06/2020	30/07/2020	French	PDF
Micro model	31/12/2018	06/06/2019	31/08/2019	French	PDF
Micro model	31/12/2017	07/06/2018	31/08/2018	French	PDF
Abridged model	31/12/2016	01/06/2017	30/08/2017	French	PDF
Abridged model	31/12/2015	03/06/2016	26/07/2016	French	PDF
Abridged model	31/12/2014	04/06/2015	27/08/2015	French	PDF
Abridged model	31/12/2013	12/06/2014	31/10/2014	French	PDF
Abridged model	31/12/2012	06/06/2013	28/10/2013	French	PDF
Abridged model	31/12/2011	07/06/2012	31/08/2012	French	PDF
Abridged model	31/12/2010	02/06/2011	31/08/2011	French	PDF

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 · 1 ended

Active mandates

Stéphane THUNISSEN

Manager · since 25 mars 2010

Active

Ended mandates

Philippe RIVOUX

Manager · since 25 mars 2010

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/11/2023
MODIFICATION FORME JURIDIQUE - DENOMINATION - DEMISSIONS, NOMINATIONS
PDF
Mandates21/10/2011
DEMISSIONS, NOMINATIONS
PDF
Other29/03/2010
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

2025
Annual accounts 20254,2 k €↓
2024
Annual accounts 202443,5 k €↑
2023
Annual accounts 202320,8 k €↓
2022
Annual accounts 202246,6 k €↑
2021
Annual accounts 202124,7 k €↓
2020
Annual accounts 202056,2 k €↑
2019
Annual accounts 201945,6 k €↑
2018
Annual accounts 20185 k €↑
2017
Annual accounts 20171,2 k €↓
2016
Annual accounts 20168,1 k €↓
2015
Annual accounts 201524,1 k €↓
2014
Annual accounts 201431,3 k €↑
2013
Annual accounts 201320,2 k €↑
2012
Annual accounts 201217 k €↑
2011
Annual accounts 20112,2 k €↓
2010
Annual accounts 20107,5 k €
25/03/2010
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

FIRSTEP

Overview

What does FIRSTEP do?

Trend over 16 financial years

Indicative valuation

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