First-IT
0860.407.321 · rovalta.com · 21/09/2026
ACTIVE
First-IT
Financial year 2025 · closed on 31/12/2025
Net result
116,3 k €
+452.0% YoY
Revenue
4,1 M €
-17.8% YoY
Equity
-666,6 k €
+14.9% YoY
Workforce
17,9 ETP
-37.4% YoY
Overview
What does First-IT do?
First-IT is a Public limited company incorporated in 2003. Its main activity is: Wholesale of computers, computer peripheral equipment and software. Its registered office is in Mechelen. It employs on average 17,9 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0860.407.321
Incorporation
09/09/2003
Legal form
Public limited company
Registered office
Antwerpsesteenweg 261 box 4
2800 Mechelen · FlandreSee on map
2800 Mechelen · FlandreSee on map
Contributed capital
1 120 000,00 €
Latest accounts
31/12/2025
Average workforce
17,9 ETP
Activities (NACE)
46510Wholesale of computers, computer peripheral equipment and software· main74502Other professional, scientific and technical activities78200Temporary employment agency activities78200Temporary employment agency activities46500Wholesale of information and communication equipment47400Retail sale of information and communication equipment in specialised stores+8
Joint committees (3)
- 200
- 2000
- 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Revenue | 4,1 M € | -17.8% | 5,0 M € | – | – | – | 12,6 M € | +4.2% | 12,1 M € | +37.9% | 8,8 M € | -9.5% | 9,7 M € | – | – | 4,3 M € | +6.2% | 4,1 M € | +38.2% | 3,0 M € | +163% | 1,1 M € | – | – | – | ||||||||||
| EBITDA | 289,5 k € | +24.9% | 231,7 k € | +703% | 28,8 k € | +107% | -392,0 k € | -46.9% | -266,8 k € | -206% | 251,6 k € | -38.3% | 407,7 k € | +553% | -90,1 k € | -142% | 212,6 k € | +3656% | 5,7 k € | -97.6% | 237,4 k € | -18.9% | 292,7 k € | -16.7% | 351,3 k € | +61.3% | 217,8 k € | +212% | -194,3 k € | -191% | -66,8 k € | -1375% | -4,5 k € | +94.3% | -79,4 k € |
| Operating result | 144,0 k € | +36.9% | 105,1 k € | +2880% | 3,5 k € | +101% | -417,7 k € | -36.4% | -306,2 k € | -247% | 208,8 k € | -42.6% | 363,5 k € | +400% | -121,0 k € | -165% | 187,6 k € | +748% | -28,9 k € | -114% | 206,3 k € | -23.5% | 269,8 k € | -28.7% | 378,5 k € | +79.8% | 210,6 k € | +205% | -200,5 k € | -181% | -71,5 k € | -1478% | -4,5 k € | -105% | 84,7 k € |
| Net result | 116,3 k € | +452% | 21,1 k € | +112% | -178,9 k € | +65.7% | -522,2 k € | -28.4% | -406,5 k € | -2812% | 15,0 k € | -86.3% | 109,4 k € | +32336% | 337,3 € | -99.8% | 167,9 k € | +227% | -131,9 k € | -310% | 62,7 k € | -61.7% | 163,7 k € | -27.0% | 224,1 k € | +31.8% | 170,1 k € | +168% | -250,1 k € | -82.5% | -137,0 k € | -3697% | 3,8 k € | -95.2% | 79,4 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | -666,6 k € | +14.9% | -782,8 k € | +2.6% | -803,9 k € | +25.2% | -1,1 M € | -53.0% | -702,8 k € | -360% | 270,3 k € | +5.9% | 255,3 k € | +75.0% | 145,9 k € | +89.4% | 77,1 k € | +132% | 33,2 k € | -79.9% | 165,1 k € | +61.2% | 102,4 k € | +267% | -61,3 k € | +78.5% | -285,5 k € | +37.3% | -455,6 k € | -78.3% | -255,5 k € | -116% | -118,5 k € | +3.1% | -122,3 k € |
| Total assets | 2,0 M € | +23.4% | 1,6 M € | +15.1% | 1,4 M € | -25.8% | 1,9 M € | +15.8% | 1,6 M € | -54.4% | 3,5 M € | +4.1% | 3,4 M € | +52.4% | 2,2 M € | -16.5% | 2,7 M € | +40.8% | 1,9 M € | +25.6% | 1,5 M € | +40.1% | 1,1 M € | +12.7% | 956,1 k € | +23.8% | 772,6 k € | +116% | 356,9 k € | +120% | 162,3 k € | +151% | 64,8 k € | +42.0% | 45,6 k € |
| Cash | 247,4 k € | +1856% | 12,6 k € | -91.1% | 141,5 k € | +1.8% | 139,1 k € | +38.2% | 100,6 k € | -79.5% | 491,1 k € | -1.3% | 497,3 k € | +223% | 153,9 k € | -74.8% | 611,8 k € | +159% | 236,0 k € | +78.5% | 132,2 k € | +25.4% | 105,4 k € | -23.1% | 137,1 k € | +30.9% | 104,7 k € | +25.6% | 83,4 k € | +587% | 12,1 k € | +163% | 4,6 k € | +693% | 581,0 € |
| Debts | 2,6 M € | +11.5% | 2,4 M € | +9.8% | 2,1 M € | -25.8% | 2,9 M € | +26.6% | 2,3 M € | -30.2% | 3,3 M € | +4.3% | 3,1 M € | +50.3% | 2,1 M € | -19.6% | 2,6 M € | +39.0% | 1,9 M € | +39.7% | 1,3 M € | +36.8% | 975,6 k € | -2.7% | 1,0 M € | -2.0% | 1,0 M € | +30.0% | 787,2 k € | +94.0% | 405,8 k € | +126% | 179,5 k € | +9.4% | 164,1 k € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | 17,9 ETP | -37.4% | 28,6 ETP | -39.8% | 47,5 ETP | -10.9% | 53,3 ETP | -4.5% | 55,8 ETP | -45.2% | 101,8 ETP | +27.9% | 79,6 ETP | +24.6% | 63,9 ETP | -2.9% | 65,8 ETP | +11.5% | 59,0 ETP | +22.4% | 48,2 ETP | +18.7% | 40,6 ETP | -1.9% | 41,4 ETP | +38.0% | 30,0 ETP | +114% | 14,0 ETP | +150% | 5,6 ETP | +331% | 1,3 ETP | +225% | 0,4 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 30 ended
Active mandates
Ended mandates
At this address
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Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Full 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 | 23/07/2026 | 29/07/2025 | 05/08/2024 | 16/06/2023 | 04/07/2022 | 12/07/2021 |
| General meeting | 29/06/2026 | 25/06/2025 | 30/06/2024 | 16/06/2023 | 30/06/2022 | 30/06/2021 |
| 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 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 29/06/2026 | 23/07/2026 | Dutch | |
| Abridged model | 31/12/2024 | 25/06/2025 | 29/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 30/06/2024 | 05/08/2024 | Dutch | |
| Abridged model | 31/12/2022 | 16/06/2023 | 16/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 30/06/2022 | 04/07/2022 | Dutch | |
| Full model | 31/12/2020 | 30/06/2021 | 12/07/2021 | Dutch | |
| Full model | 31/12/2019 | 10/09/2020 | 01/10/2020 | Dutch | |
| Full model | 31/12/2018 | 05/06/2019 | 06/06/2019 | Dutch | |
| Full model | 31/12/2017 | 31/01/2018 | 28/02/2018 | Dutch | |
| Full model | 31/12/2016 | 28/06/2017 | 28/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 31/03/2016 | 20/04/2016 | Dutch | |
| Abridged model | 31/12/2014 | 03/06/2015 | 01/07/2015 | Dutch | |
| Abridged model | 31/12/2013 | 27/06/2014 | 02/07/2014 | Dutch | |
| Abridged model | 31/12/2012 | 27/03/2013 | 11/04/2013 | Dutch | |
| Abridged model | 31/12/2011 | 28/06/2012 | 11/07/2012 | Dutch | |
| Abridged model | 31/12/2010 | 01/06/2011 | 27/06/2011 | Dutch | |
| Abridged model | 31/12/2009 | 30/06/2010 | 30/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 30/06/2009 | 23/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 30/06/2008 | 28/08/2008 | Dutch | |
| Abridged model | 31/12/2006 | 30/06/2007 | 21/09/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 30 ended
Active mandates
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Other21/08/2026wijziging vaste vertegenwoordiger
- Mandates03/10/2025ONTSLAGEN - BENOEMINGEN
- Mandates15/04/2024MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Mandates12/09/2023ONTSLAGEN - BENOEMINGEN
- Mandates07/07/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
- Capital / shares30/09/2022STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
- Capital / shares18/01/2022STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
- Mandates07/02/2020STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025116,3 k €↑
- 2024Annual accounts 202421,1 k €↑
- 2023Annual accounts 2023-178,9 k €↑
- 2022Annual accounts 2022-522,2 k €↓
- 2021Annual accounts 2021-406,5 k €↓
- 2018Annual accounts 201815,0 k €↓
- 2017Annual accounts 2017109,4 k €↑
- 2016Annual accounts 2016337,3 €↓
- 2015Annual accounts 2015167,9 k €↑
- 2014Annual accounts 2014-131,9 k €↓
- 2013Annual accounts 201362,7 k €↓
- 2012Annual accounts 2012163,7 k €↓
- 2011Annual accounts 2011224,1 k €↑
- 2010Annual accounts 2010170,1 k €↑
- 2009Annual accounts 2009-250,1 k €↓
- 2008Annual accounts 2008-137,0 k €↓
- 2007Annual accounts 20073,8 k €↓
- 2006Annual accounts 200679,4 k €
- 09/09/2003IncorporationPublic limited company