ACTIVE

First in Line

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Financial year 2025 · closed on 30/09/2025
Net result
-6,4 k €
-117.4% YoY
Gross margin
162,3 k €
-14.3% YoY
Equity
123,0 k €
-4.9% YoY
Workforce
2,3 ETP
-4.2% YoY

What does First in Line do?

First in Line is a Private limited company incorporated in 2003. Its main activity is: Event catering activities. Its registered office is in Gent. It employs on average 2,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0862.183.114
Incorporation
12/12/2003
Legal form
Private limited company
Registered office
Blazoenstraat 34 box B
9000 Gent · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/09/2025
Average workforce
2,3 ETP
Activities (NACE)
56210Event catering activities· main56210Event catering activities78100Activities of employment placement agencies78100Activities of employment placement agencies55522Accommodation56210Event catering activities+1
Signals
Positive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin162,3 k €189,3 k €311,4 k €287,2 k €73,0 k €182,9 k €984,8 k €1,6 M €954,5 k €883,0 k €461,9 k €789,5 k €54,8 k €77,9 k €116,2 k €77,8 k €33,5 k €36,8 k €26,0 k €
EBITDA33,2 k €77,6 k €152,0 k €144,2 k €10,0 k €-67,6 k €76,8 k €355,5 k €234,3 k €275,2 k €103,3 k €22,6 k €16,8 k €36,1 k €20,5 k €15,8 k €13,0 k €31,0 k €20,8 k €
Operating result4,2 k €58,8 k €136,2 k €135,2 k €5,0 k €-71,8 k €60,5 k €321,3 k €228,3 k €265,5 k €94,3 k €9,0 k €4,6 k €23,6 k €9,5 k €1,6 k €1,0 k €19,3 k €14,1 k €
Net result-6,4 k €36,8 k €98,2 k €122,4 k €26,2 k €-72,1 k €39,5 k €207,7 k €149,0 k €156,3 k €77,0 k €2,7 k €304,0 €16,8 k €3,7 k €-3,4 k €3,4 k €13,4 k €9,5 k €
Balance sheet
Equity123,0 k €129,4 k €92,6 k €194,3 k €72,0 k €45,8 k €117,9 k €117,9 k €60,2 k €311,2 k €154,9 k €78,0 k €75,2 k €74,9 k €68,1 k €64,5 k €67,9 k €64,5 k €51,1 k €
Total assets565,9 k €629,4 k €629,3 k €581,5 k €453,0 k €221,8 k €530,5 k €1,7 M €1,6 M €536,2 k €596,0 k €438,4 k €221,3 k €161,2 k €228,5 k €133,2 k €153,5 k €204,1 k €111,5 k €
Cash52,6 k €156,9 €211,9 k €51,3 k €273,6 k €117,3 k €57,4 k €355,5 k €348,2 k €374,4 k €414,4 k €86,7 k €41,1 k €28,0 k €33,3 k €7,1 k €9,8 k €608,2 €34,3 k €
Debts442,9 k €500,0 k €536,8 k €387,2 k €381,0 k €176,0 k €412,6 k €1,6 M €1,5 M €225,0 k €441,1 k €360,4 k €146,1 k €86,3 k €160,4 k €68,8 k €85,7 k €139,6 k €60,4 k €
Other
Workforce2,3 ETP2,4 ETP3,4 ETP3,4 ETP3,2 ETP19,8 ETP30,0 ETP11,2 ETP16,1 ETP8,7 ETP5,1 ETP2,1 ETP1,0 ETP1,0 ETP2,0 ETP1,0 ETP0,3 ETP0,1 ETP–
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 30/09/2025 · 1 active · 8 ended

Active mandates

LLN HOLDING

Director · 0678.530.143

Represented by Ellen Rigaux

Active

Ended mandates

LLN HOLDING

Director · since 11 août 2017 · 0678.530.143

Represented by Ellen Rigaux

Ended
LLN HOLDING

Manager · since 11 août 2017 · 0678.530.143

Represented by Ellen Rigaux

Ended
LLN HOLDING

Manager · since 11 août 2017 · 0678.530.143

Represented by Ellen Rigaux

Ended
DIEDERIK BRAET

Manager

Ended
At this address

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NASTY MONDAYS● Active
0818.226.177
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0685.674.786
White House● Active
0449.959.937
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date19/03/202603/04/202504/04/202416/03/202325/03/202211/03/2021
General meeting13/03/202614/03/202508/03/202410/03/202328/02/202201/03/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202513/03/202619/03/2026DutchPDF
Abridged model30/09/202414/03/202503/04/2025DutchPDF
Abridged model30/09/202308/03/202404/04/2024DutchPDF
Abridged model30/09/202210/03/202316/03/2023DutchPDF
Abridged model30/09/202128/02/202225/03/2022DutchPDF
Abridged model30/09/202001/03/202111/03/2021DutchPDF
Abridged model30/09/201928/02/202012/03/2020DutchPDF
Abridged model30/09/201828/02/201907/03/2019DutchPDF
Abridged model30/09/201728/02/201827/03/2018DutchPDF
Abridged model30/09/201628/02/201724/04/2017DutchPDF
Abridged model30/09/201529/02/201612/04/2016DutchPDF
Abridged model30/09/201428/02/201526/05/2015DutchPDF
Abridged model30/09/201328/02/201430/05/2014DutchPDF
Abridged model30/09/201228/02/201331/05/2013DutchPDF
Abridged model30/09/201128/02/201231/05/2012DutchPDF
Abridged model30/09/201028/02/201129/04/2011DutchPDF
Abridged model30/09/200928/02/201031/05/2010DutchPDF
Abridged model30/09/200828/02/200927/05/2009DutchPDF
Abridged model30/09/200728/02/200828/05/2008DutchPDF
Abridged model30/09/200631/01/200707/03/2007DutchPDF
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 30/09/2025 · 1 active · 8 ended

Active mandates

LLN HOLDING

Director · 0678.530.143

Represented by Ellen Rigaux

Active

Ended mandates

LLN HOLDING

Director · since 11 août 2017 · 0678.530.143

Represented by Ellen Rigaux

Ended
LLN HOLDING

Manager · since 11 août 2017 · 0678.530.143

Represented by Ellen Rigaux

Ended
LLN HOLDING

Manager · since 11 août 2017 · 0678.530.143

Represented by Ellen Rigaux

Ended
DIEDERIK BRAET

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/09/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates25/08/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/02/2017
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other27/07/2015
    BENAMING
    PDF
  • Registered office13/02/2014
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates19/03/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/10/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office19/12/2007
    MAATSCHAPPELIJKE ZETEL
    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 2025-6,4 k €↓
  2. 2024
    Annual accounts 202436,8 k €↓
  3. 2023
    Annual accounts 202398,2 k €↓
  4. 2022
    Annual accounts 2022122,4 k €↑
  5. 2021
    Annual accounts 202126,2 k €↑
  6. 2020
    Annual accounts 2020-72,1 k €↓
  7. 2019
    Annual accounts 201939,5 k €↓
  8. 2018
    Annual accounts 2018207,7 k €↑
  9. 2017
    Annual accounts 2017149,0 k €↓
  10. 2016
    Annual accounts 2016156,3 k €↑
  11. 2015
    Annual accounts 201577,0 k €↑
  12. 2014
    Annual accounts 20142,7 k €↑
  13. 2013
    Annual accounts 2013304,0 €↓
  14. 2012
    Annual accounts 201216,8 k €↑
  15. 2011
    Annual accounts 20113,7 k €↑
  16. 2010
    Annual accounts 2010-3,4 k €↓
  17. 2009
    Annual accounts 20093,4 k €↓
  18. 2008
    Annual accounts 200813,4 k €↑
  19. 2007
    Annual accounts 20079,5 k €
  20. 12/12/2003
    IncorporationPrivate limited company