ACTIVE

ENGINEERING FIRST

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Financial year 2023 · closed on 31/12/2023

Net result

-265 €

+97.1% YoY

Gross margin

-265 €

+95.2% YoY

Equity

20,2 k €

+113.5% YoY

What does ENGINEERING FIRST do?

ENGINEERING FIRST is a Private company with limited liability incorporated in 2007. Its registered office is in Ixelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0891.413.964

Incorporation

13/08/2007

Legal form

Private company with limited liability

Registered office

Place du Champ de Mars 5
1050 Ixelles · BruxellesSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2023

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	-265 €	+95.2%	-5,5 k €		0 €	-100%	24,7 k €	-54.2%	53,9 k €	-58.1%	128,6 k €	+65.6%	77,7 k €	-20.7%	98 k €	+57.4%	62,3 k €	+47.6%	42,2 k €	-52.4%	88,5 k €	+66.8%	53,1 k €	-19.1%	65,6 k €	+73.8%	37,7 k €	+299%	9,5 k €	-40.2%	15,8 k €
EBITDA	-265 €	+95.2%	-5,5 k €		0 €	-100%	14 k €	-74.0%	53,9 k €	-58.1%	128,6 k €	+67.3%	76,9 k €	-13.8%	89,2 k €	+43.2%	62,3 k €	+87.2%	33,3 k €	-62.1%	87,8 k €	+68.4%	52,1 k €	-19.5%	64,7 k €	+82.1%	35,6 k €	+310%	8,7 k €	-41.1%	14,7 k €
Operating result	-265 €	+95.2%	-5,5 k €		0 €	-100%	8 k €	-83.3%	47,8 k €	-61.0%	122,6 k €	+73.8%	70,5 k €	-10.7%	79 k €	+35.8%	58,1 k €	+99.6%	29,1 k €	-66.0%	85,6 k €	+66.4%	51,5 k €	-19.5%	64 k €	+85.8%	34,4 k €	+335%	7,9 k €	-10.9%	8,9 k €
Net result	-265 €	+97.1%	-9,1 k €		0 €	-100%	28,1 k €	-40.5%	47,3 k €	-50.1%	94,9 k €	+133%	40,7 k €	-34.7%	62,4 k €	+21.6%	51,3 k €	+112%	24,2 k €	-66.9%	73,1 k €	+99.9%	36,6 k €	+18.5%	30,8 k €	+41.8%	21,8 k €	+3315%	637 €	-93.6%	10 k €
Balance sheet
Equity	20,2 k €	+114%	9,5 k €	-92.8%	131,4 k €	-68.4%	416,4 k €	+7.2%	388,3 k €	+13.9%	341 k €	+38.6%	246 k €	+19.8%	205,3 k €	+14.7%	178,9 k €	+9.3%	163,7 k €	+1.4%	161,5 k €	+36.4%	118,4 k €	+44.7%	81,9 k €	+82.7%	44,8 k €	+94.3%	23,1 k €	+2.8%	22,4 k €
Total assets	420,3 k €	+3.0%	407,9 k €	+75.1%	233 k €	-64.9%	664,1 k €	-2.9%	684,1 k €	+10.3%	620 k €	+29.1%	480,3 k €	-5.6%	509 k €	+39.8%	364,2 k €	+3.5%	351,8 k €	+4.3%	337,3 k €	+19.7%	281,7 k €	+19.3%	236,1 k €	+265%	64,7 k €	+79.3%	36,1 k €	-26.7%	49,2 k €
Cash	151 €	-32.0%	222 €	+2675%	8 €	-20.0%	10 €	+9.9%	9,1 €	-98.2%	503,8 €	-87.1%	3,9 k €	+17246%	22,5 €	-97.9%	1 k €	-9.8%	1,2 k €	-22.1%	1,5 k €	-76.0%	6,2 k €	+988%	571,4 €	-94.4%	10,2 k €	+102%	5,1 k €	+12.2%	4,5 k €
Debts	400,1 k €	+0.4%	398,5 k €	+292%	101,6 k €	-59.0%	247,6 k €	-16.3%	295,8 k €	+6.0%	279 k €	+19.1%	234,2 k €	-22.6%	302,5 k €	+63.3%	185,3 k €	-1.5%	188,1 k €	+7.0%	175,9 k €	+7.7%	163,3 k €	+5.8%	154,3 k €	+674%	19,9 k €	+52.8%	13 k €	-38.2%	21,1 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2020 · 1 active · 3 ended

Active mandates

Bel-Tchem Kasango SHUTSHA

Manager

Active

Ended mandates

Kasango SHUTSHA Bel Tchem

Managing director · since 13 août 2008

Ended

Bel-Tchem Kasango SHUTSHA

Director

Ended

SHUTSHA BEL TCHEM

Mandate

Ended

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Annual accounts

Full financial information

	2023	2022	2021	2020	2019	2018
Type of account	Micro model	Abridged model	Abridged model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018
Closing of the financial year	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/10/2024	29/01/2026	23/01/2024	04/08/2022	24/02/2022	24/02/2022
General meeting	10/05/2024	20/01/2026	13/05/2022	02/08/2022	21/02/2022	21/02/2022
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

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Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2023	10/05/2024	31/10/2024	French	PDF
Abridged modelCorrection	31/12/2022	20/01/2026	29/01/2026	French	PDF
Abridged model	31/12/2022	12/05/2023	23/01/2024	French	PDF
Abridged model	31/12/2021	13/05/2022	23/01/2024	French	PDF
Micro model	31/12/2020	02/08/2022	04/08/2022	French	PDF
Micro model	31/12/2019	21/02/2022	24/02/2022	French	PDF
Micro model	31/12/2018	21/02/2022	24/02/2022	French	PDF
Micro model	31/12/2017	02/09/2021	15/11/2021	French	PDF
Micro model	31/12/2016	05/02/2018	01/03/2018	French	PDF
Abridged model	31/12/2015	13/05/2016	12/01/2017	French	PDF
Abridged model	31/12/2014	08/05/2015	13/08/2015	French	PDF
Abridged model	31/12/2013	09/05/2014	14/10/2014	French	PDF
Abridged model	31/12/2012	10/05/2013	26/09/2013	French	PDF
Abridged model	31/12/2011	11/05/2012	28/08/2012	French	PDF
Abridged model	31/12/2010	13/05/2011	22/08/2011	French	PDF
Abridged model	31/12/2009	14/05/2010	01/07/2010	French	PDF
Abridged model	31/12/2008	24/01/2010	10/03/2010	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2020 · 1 active · 3 ended

Active mandates

Bel-Tchem Kasango SHUTSHA

Manager

Active

Ended mandates

Kasango SHUTSHA Bel Tchem

Managing director · since 13 août 2008

Ended

Bel-Tchem Kasango SHUTSHA

Director

Ended

SHUTSHA BEL TCHEM

Mandate

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office04/06/2019
SIEGE SOCIAL
PDF
Mandates10/11/2009
DENOMINATION - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Other16/08/2007
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

2023
Annual accounts 2023-265 €↑
2022
Annual accounts 2022-9,1 k €↓
2021
Annual accounts 20210 €↓
2020
Annual accounts 202028,1 k €↓
2019
Annual accounts 201947,3 k €↓
2018
Annual accounts 201894,9 k €↑
2017
Annual accounts 201740,7 k €↓
2016
Annual accounts 201662,4 k €↑
2015
Annual accounts 201551,3 k €↑
2014
Annual accounts 201424,2 k €↓
2013
Annual accounts 201373,1 k €↑
2012
Annual accounts 201236,6 k €↑
2011
Annual accounts 201130,8 k €↑
2010
Annual accounts 201021,8 k €↑
2009
Annual accounts 2009637 €↓
2008
Annual accounts 200810 k €
13/08/2007
IncorporationPrivate company with limited liability

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

ENGINEERING FIRST

Overview

What does ENGINEERING FIRST 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