About First-It
First-It is a public limited company (NV/SA) based in Mechelen, founded in 2003. Its main activity is classified as "Activiteiten van uitzendbureaus en andere diensten in verband met personeelsvoorziening". For the 2025 financial year, First-It reported a profit of €116,253. That is more than the profit of €21,060 in 2024. Revenue came to €4.1 million. It employed an average of 15.2 full-time equivalents. Equity is negative (-€666,566): liabilities exceed assets. In 2006 it was -€122,292. 20 annual accounts are available, covering 2006 to 2025.
- Sectors
- IT companies Wholesalers
- Activities
- Signals
-
Negative equityNegative equity € -667K
Equity is negative: debts exceed assets (technically insolvent).
Poor liquidityPoor liquidity 0.72The current ratio is below 1: may be insufficient to cover short-term debt.
ProfitableProfitable € 116KThe company reported a positive net result in the latest financial year.
Positive cashflowPositive cashflow € 262KPositive operating cash flow in the latest financial year.
Positive EBITDAPositive EBITDA € 289KPositive EBITDA: operating activities are profitable.
High turnoverHigh turnover € 4.11MSubstantial turnover in the latest financial year.
Healthy social debtHealthy social debt 17.1%Social debts stay manageable relative to personnel costs.
- Shareholders
- Titane Holding 51%, Investlink 32,56%
- Investments
- First-Connect 100%
Financial ratios
|
|
2025
|
2024
|
2023
|
2022
|
|---|---|---|---|---|
|
Turnover
|
€
4.11M
|
|
|
|
|
€
1.40M
|
€
1.96M
|
€
2.66M
|
€
2.48M
|
|
|
€
289K
|
€
232K
|
€
29K
|
€
-392K
|
|
|
€
116K
|
€
21K
|
€
-179K
|
€
-522K
|
|
|
€
-667K
|
€
-783K
|
€
-804K
|
€
-1.07M
|
|
|
-33.81%
|
-48.98%
|
-57.92%
|
-57.49%
|
|
|
€
2.63M
|
€
2.37M
|
€
2.18M
|
€
2.93M
|
|
|
€
247K
|
€
13K
|
€
141K
|
€
139K
|
|
|
15.20
|
22.60
|
40.80
|
46.60
|
Publications 37
All publications- Maatschappelijke Zetel - Ontslagen - Benoemingen 15/04/2024
- Ontslagen - Benoemingen 12/09/2023
- Statuten (Vertaling, Cordinatie, Overige Wijzigingen, ) - Kapitaal - Aandelen - Ontslagen - Benoemingen 07/07/2023
- Statuten (Vertaling, Cordinatie, Overige Wijzigingen, ) - Kapitaal - Aandelen 30/09/2022
- Statuten (Vertaling, Cordinatie, Overige Wijzigingen, ) - Kapitaal - Aandelen 18/01/2022
Frequently asked questions
Answers to the most common questions about First-It, based on official government data and the filed annual accounts.
What is the VAT number of First-It?
The VAT number of First-It is BE0860.407.321.
How many employees work at First-It?
In 2025, First-It employed 15.20 full-time equivalents (FTE).
When was First-It established?
First-It was founded in 09-09-2003.
What is the official address of First-It?
The official address of First-It is Antwerpsesteenweg 261/4 Mechelen 2800.
What is the legal form of First-It?
The juridical form of First-It is Public limited company (NV/SA).
What is the annual revenue of First-It?
The revenue of First-It for the 2025 financial year was €4,110,169.
Is First-It a reliable company?
First-It is a registered Rechtspersoon with company number 0860.407.321 and can be verified through the official CBE database.
What is the credit limit of First-It?
The estimated credit limit of First-It is €379,773.
Is First-It still active?
First-It currently has the status "Normal situation" and is active.