ACTIVE

First-IT

Financial year 2025 · Closed on 31/12/2025

Net result116,3 k €+452,0 %over 1 year
Revenue4,1 M €-17,8 %over 1 year
Equity-666,6 k €+14,9 %over 1 year
Workforce17,9 ETP-37,4 %over 1 year

Identity

Source · BCE/KBO

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
Contributed capital
1 120 000,00 €
Latest accounts
31/12/2025
Average workforce
17,9 ETP
Joint committees (3)
  • 200
  • 2000
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue4,1 M €5 M €–––
EBITDA289,5 k €231,7 k €28,8 k €-392 k €-266,8 k €
Operating result144 k €105,1 k €3,5 k €-417,7 k €-306,2 k €
Net result116,3 k €21,1 k €-178,9 k €-522,2 k €-406,5 k €
Balance sheet
Equity-666,6 k €-782,8 k €-803,9 k €-1,1 M €-702,8 k €
Total assets2 M €1,6 M €1,4 M €1,9 M €1,6 M €
Cash247,4 k €12,6 k €141,5 k €139,1 k €100,6 k €
Debts2,6 M €2,4 M €2,1 M €2,9 M €2,3 M €
Other
Workforce17,9 ETP28,6 ETP47,5 ETP53,3 ETP55,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 8 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
InvestLink0715.665.307Represented by Bert Van Loco
Directorsince 10/07/2015
Titane Holding0755.570.315Represented by Styn Vanhove
Directorsince 29/06/2023Persoon belast met dagelijks bestuur29/06/2023 → 2024 accountsended
VLINPRO0878.398.544Represented by Xavier Van Looy
Directorsince 29/06/2023

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Serge Lens0895.390.370Represented by Lens Serge
Director29/06/2023 → 2023 accounts
CONTENT-IT0885.800.337Represented by Michel Schrijvers
Managing director10/07/2015 → 2015 accountsDirector10/07/2015 → 2022 accounts

Other companies at this address

Antwerpsesteenweg 261 2800 Mechelen
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0410.937.827
0686.962.908
HOME LIFT● Active
1019.188.896
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0755.578.530
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Inetum Belgium● Active
0429.037.235
NYNAS● Active
0893.286.262
Odacir● Active
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1000.902.418
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Titane Holding● Active
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Verjan atelier● Active
1043.698.026
0676.927.069

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelFull 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 date23/07/202629/07/202505/08/202416/06/202304/07/202212/07/2021
General meeting29/06/202625/06/202530/06/202416/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/06/202623/07/2026DutchPDF
Abridged model31/12/202425/06/202529/07/2025DutchPDF
Abridged model31/12/202330/06/202405/08/2024DutchPDF
Abridged model31/12/202216/06/202316/06/2023DutchPDF
Abridged model31/12/202130/06/202204/07/2022DutchPDF
Full model31/12/202030/06/202112/07/2021DutchPDF
Full model31/12/201910/09/202001/10/2020DutchPDF
Full model31/12/201805/06/201906/06/2019DutchPDF
Full model31/12/201731/01/201828/02/2018DutchPDF
Full model31/12/201628/06/201728/07/2017DutchPDF
Abridged model31/12/201531/03/201620/04/2016DutchPDF
Abridged model31/12/201403/06/201501/07/2015DutchPDF
Abridged model31/12/201327/06/201402/07/2014DutchPDF
Abridged model31/12/201227/03/201311/04/2013DutchPDF
Abridged model31/12/201128/06/201211/07/2012DutchPDF
Abridged model31/12/201001/06/201127/06/2011DutchPDF
Abridged model31/12/200930/06/201030/07/2010DutchPDF
Abridged model31/12/200830/06/200923/07/2009DutchPDF
Abridged model31/12/200730/06/200828/08/2008DutchPDF
Abridged model31/12/200630/06/200721/09/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 8 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
InvestLink0715.665.307Represented by Bert Van Loco
Directorsince 10/07/2015
Titane Holding0755.570.315Represented by Styn Vanhove
Directorsince 29/06/2023Persoon belast met dagelijks bestuur29/06/2023 → 2024 accountsended
VLINPRO0878.398.544Represented by Xavier Van Looy
Directorsince 29/06/2023

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Serge Lens0895.390.370Represented by Lens Serge
Director29/06/2023 → 2023 accounts
CONTENT-IT0885.800.337Represented by Michel Schrijvers
Managing director10/07/2015 → 2015 accountsDirector10/07/2015 → 2022 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other21/08/2026
    wijziging vaste vertegenwoordiger
    PDF
  • Mandates03/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/04/2024
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/07/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares30/09/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Capital / shares18/01/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates07/02/2020
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings18 filings
Mandates
InvestLink
Titane Holding
VLINPRO
Serge Lens
CONTENT-IT
Michel Schrijvers
Michel Santos-Godoy
Eduard Lambaerts
JOSEPH JAMAER
EDDY LAMBAERTS
KURT NEUSKENS
200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
First-IT
Antwerpsesteenweg 261 bte 4, 2800 MechelenMotstraat 30, 2800 Mechelen
Director
DirectorPersoon belast met dagelijks bestuur
Director
Managing directorDirector
Director
Director
Director
Manager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Antwerpsesteenweg 261 bte 4, 2800 MechelenCurrent
accounts 2023 → 2025
Accounts 2025 · 2026-00320088
Motstraat 30, 2800 Mechelen
accounts 2021 → 2022
Accounts 2022 · 2023-00137500

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
First-ITCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00320088

Events

  1. 2025
    Annual accounts 2025116,3 k €↑
  2. 2024
    Annual accounts 202421,1 k €↑
  3. 2023
    Annual accounts 2023-178,9 k €↑
  4. 2022
    Annual accounts 2022-522,2 k €↓
  5. 2021
    Annual accounts 2021-406,5 k €↓
  6. 2018
    Annual accounts 201815 k €↓
  7. 2017
    Annual accounts 2017109,4 k €↑
  8. 2016
    Annual accounts 2016337,3 €↓
  9. 2015
    Annual accounts 2015167,9 k €↑
  10. 2014
    Annual accounts 2014-131,9 k €↓
  11. 2013
    Annual accounts 201362,7 k €↓
  12. 2012
    Annual accounts 2012163,7 k €↓
  13. 2011
    Annual accounts 2011224,1 k €↑
  14. 2010
    Annual accounts 2010170,1 k €↑
  15. 2009
    Annual accounts 2009-250,1 k €↓
  16. 2008
    Annual accounts 2008-137 k €↓
  17. 2007
    Annual accounts 20073,8 k €↓
  18. 2006
    Annual accounts 200679,4 k €
  19. 09/09/2003
    IncorporationPublic limited company