FINANCE FIRST
0871.109.983 · rovalta.com · 21/09/2026
ACTIVE
FINANCE FIRST
Financial year 2025 · closed on 30/09/2025
Net result
-35 k €
-100.2% YoY
Gross margin
50,5 k €
-16.8% YoY
Equity
2,3 M €
-12.5% YoY
Overview
What does FINANCE FIRST do?
FINANCE FIRST is a Private limited company incorporated in 2005. Its main activity is: Management consultancy activities. Its registered office is in Lille.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0871.109.983
Incorporation
11/01/2005
Legal form
Private limited company
Registered office
Hemeldonk 40
2275 Lille · FlandreSee on map
2275 Lille · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/09/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities74142Specialised design activities74879Other professional, scientific and technical activities82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 16 financial years
| 2025 | 2024 | 2023 | 2022 | 2019 | 2018 | 2017 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||
| Gross margin | 50,5 k € | -16.8% | 60,7 k € | -21.0% | 76,9 k € | +89.4% | 40,6 k € | -70.5% | 137,6 k € | +374% | 29,1 k € | +377% | -10,5 k € | -108% | 129,5 k € | +8.8% | 119 k € | -39.0% | 195 k € | +73.3% | 112,5 k € | +118% | 51,6 k € | -48.3% | 99,9 k € | -43.4% | 176,3 k € | +53.1% | 115,2 k € | +79.4% | 64,2 k € |
| EBITDA | 38 k € | -19.3% | 47,1 k € | -12.3% | 53,7 k € | +157% | 20,9 k € | -73.8% | 80 k € | +2702% | -3,1 k € | +79.9% | -15,3 k € | -113% | 122,2 k € | +4.8% | 116,6 k € | -38.6% | 189,9 k € | +73.6% | 109,4 k € | +126% | 48,5 k € | -46.5% | 90,6 k € | -46.4% | 169,1 k € | +51.0% | 112 k € | +83.6% | 61 k € |
| Operating result | -18,8 k € | -95.7% | -9,6 k € | -465% | -1,7 k € | +96.5% | -47,9 k € | -240% | 34,2 k € | +154% | -62,8 k € | +10.6% | -70,2 k € | -280% | 38,9 k € | -23.5% | 50,9 k € | -46.8% | 95,6 k € | +28.2% | 74,6 k € | +539% | 11,7 k € | -75.0% | 46,7 k € | -70.5% | 158,6 k € | +73.9% | 91,2 k € | +118% | 41,9 k € |
| Net result | -35 k € | -100% | -17,5 k € | -1558% | 1,2 k € | +103% | -44,8 k € | -102% | 2,4 M € | +3436% | -71,4 k € | +37.2% | -113,7 k € | -783% | 16,7 k € | -19.8% | 20,8 k € | -64.0% | 57,7 k € | +39.8% | 41,3 k € | -93.6% | 644,3 k € | +2128% | 28,9 k € | -74.4% | 112,9 k € | +90.5% | 59,3 k € | +140% | 24,7 k € |
| Balance sheet | |||||||||||||||||||||||||||||||
| Equity | 2,3 M € | -12.5% | 2,7 M € | -0.6% | 2,7 M € | +0.0% | 2,7 M € | +14.2% | 2,4 M € | +11215% | -21,2 k € | -103% | 657,8 k € | -11.6% | 744,4 k € | +2.3% | 727,7 k € | -6.2% | 775,8 k € | +8.0% | 718,1 k € | +6.1% | 676,8 k € | +453% | 122,4 k € | -49.7% | 243,5 k € | +86.4% | 130,6 k € | +83.0% | 71,4 k € |
| Total assets | 2,6 M € | -10.2% | 2,9 M € | -1.1% | 3 M € | -0.7% | 3 M € | -34.2% | 4,6 M € | +130% | 2 M € | -18.9% | 2,4 M € | +92.6% | 1,3 M € | -2.6% | 1,3 M € | -9.2% | 1,4 M € | +12.6% | 1,3 M € | -1.8% | 1,3 M € | +92.7% | 671,3 k € | +110% | 319 k € | +54.5% | 206,5 k € | +31.6% | 156,9 k € |
| Cash | 57,4 k € | +61.6% | 35,5 k € | -93.8% | 574,6 k € | +99.5% | 288 k € | -47.2% | 545,2 k € | +262% | 150,8 k € | +39.5% | 108,1 k € | -2.7% | 111,1 k € | +241% | 32,6 k € | -58.8% | 79,1 k € | -49.0% | 155,1 k € | +0.1% | 154,9 k € | +103% | 76,4 k € | -63.2% | 207,4 k € | +1400% | 13,8 k € | -62.2% | 36,6 k € |
| Debts | 233,2 k € | +19.2% | 195,7 k € | -5.8% | 207,7 k € | -8.8% | 227,8 k € | -89.6% | 2,2 M € | +9.7% | 2 M € | +12.3% | 1,8 M € | +242% | 520,7 k € | -8.8% | 571,2 k € | -12.8% | 654,7 k € | +18.4% | 552,8 k € | -10.4% | 617 k € | +12.4% | 548,9 k € | +627% | 75,5 k € | -0.5% | 75,9 k € | -11.3% | 85,6 k € |
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 30/09/2025 · 2 active · 1 ended
Active mandates
Kim Cremers
ActiveGeert Schellekens
ActiveEnded mandates
Geert Schellekens
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
GEERT SCHELLEKENS● Active | 0547.695.058 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/10/2024 | 01/10/2023 | 01/10/2022 | 01/10/2021 | 01/10/2020 | 01/10/2019 |
| Closing of the financial year | 30/09/2025 | 30/09/2024 | 30/09/2023 | 30/09/2022 | 30/09/2021 | 30/09/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 16/03/2026 | 04/04/2025 | 29/04/2024 | 19/04/2023 | 31/03/2022 | 30/04/2021 |
| General meeting | 05/03/2026 | 02/04/2025 | 07/03/2024 | 23/03/2023 | 03/03/2022 | 25/03/2021 |
| 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 |
|---|---|---|---|---|---|
| Micro model | 30/09/2025 | 05/03/2026 | 16/03/2026 | Dutch | |
| Micro model | 30/09/2024 | 02/04/2025 | 04/04/2025 | Dutch | |
| Micro model | 30/09/2023 | 07/03/2024 | 29/04/2024 | Dutch | |
| Abridged model | 30/09/2022 | 23/03/2023 | 19/04/2023 | Dutch | |
| Abridged model | 30/09/2021 | 03/03/2022 | 31/03/2022 | Dutch | |
| Abridged model | 30/09/2020 | 25/03/2021 | 30/04/2021 | Dutch | |
| Abridged model | 30/09/2019 | 26/03/2020 | 08/06/2020 | Dutch | |
| Abridged model | 30/09/2018 | 08/03/2019 | 16/05/2019 | Dutch | |
| Abridged model | 30/09/2017 | 02/03/2018 | 22/05/2018 | Dutch | |
| Abridged model | 30/09/2016 | 23/03/2017 | 15/05/2017 | Dutch | |
| Abridged model | 30/09/2015 | 03/03/2016 | 29/04/2016 | Dutch | |
| Abridged model | 30/09/2014 | 05/03/2015 | 28/03/2015 | Dutch | |
| Abridged model | 30/09/2013 | 06/03/2014 | 04/04/2014 | Dutch | |
| Abridged model | 30/09/2012 | 07/03/2013 | 21/03/2013 | Dutch | |
| Abridged model | 30/09/2011 | 01/03/2012 | 09/04/2012 | Dutch | |
| Abridged model | 30/09/2010 | 04/03/2011 | 28/03/2011 | Dutch | |
| Abridged model | 30/09/2009 | 05/03/2010 | 23/03/2010 | Dutch | |
| Abridged model | 30/09/2008 | 06/03/2009 | 30/03/2009 | Dutch | |
| Abridged model | 30/09/2007 | 07/03/2008 | 25/03/2008 | Dutch | |
| Abridged model | 30/09/2006 | 02/03/2007 | 29/03/2007 | 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 30/09/2025 · 2 active · 1 ended
Active mandates
Kim Cremers
ActiveGeert Schellekens
ActiveEnded mandates
Geert Schellekens
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates06/10/2020STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
- Capital / shares27/09/2018KAPITAAL - AANDELEN
- Registered office10/03/2017MAATSCHAPPELIJKE ZETEL
- Capital / shares11/09/2014KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Other20/01/2005RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025-35 k €↓
- 2024Annual accounts 2024-17,5 k €↓
- 2023Annual accounts 20231,2 k €↑
- 2022Annual accounts 2022-44,8 k €↓
- 2019Annual accounts 20192,4 M €↑
- 2018Annual accounts 2018-71,4 k €↑
- 2017Annual accounts 2017-113,7 k €↓
- 2015Annual accounts 201516,7 k €↓
- 2014Annual accounts 201420,8 k €↓
- 2013Annual accounts 201357,7 k €↑
- 2012Annual accounts 201241,3 k €↓
- 2011Annual accounts 2011644,3 k €↑
- 2010Annual accounts 201028,9 k €↓
- 2009Annual accounts 2009112,9 k €↑
- 2008Annual accounts 200859,3 k €↑
- 2007Annual accounts 200724,7 k €
- 11/01/2005IncorporationPrivate limited company