About First Gear
First Gear is a private limited company (BV/SRL) based in Damme, founded in 2012. Its main activity is classified as "Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies". For the 2025 financial year, First Gear reported a profit of €138,374. That makes 14 profitable financial years in a row for First Gear. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €195,467, up 393% on 2024. Equity stands at €275,274, a solvency ratio of 80%. In 2012 it was €17,472. 14 annual accounts are available, covering 2012 to 2025.
- Activities
- Signals
-
ProfitableProfitable € 138K
The company reported a positive net result in the latest financial year.
Strong equityStrong equity € 275KStrong equity provides a buffer against setbacks.
Low riskLow risk 80.2%Good solvency (> 30%) points to long-term financial stability.
Good liquidityGood liquidity 3.73A healthy current ratio (≥ 1.5): enough current assets to cover short-term debt.
Positive cashflowPositive cashflow € 138KPositive operating cash flow in the latest financial year.
Positive EBITDAPositive EBITDA € 194KPositive EBITDA: operating activities are profitable.
Financial ratios
|
|
2025
|
2024
|
2023
|
2022
|
|---|---|---|---|---|
|
€
195K
|
€
40K
|
€
89K
|
€
39K
|
|
|
€
194K
|
€
37K
|
€
87K
|
€
38K
|
|
|
€
138K
|
€
32K
|
€
65K
|
€
28K
|
|
|
€
275K
|
€
188K
|
€
156K
|
€
260K
|
|
|
80.20%
|
91.11%
|
52.91%
|
78.42%
|
|
|
€
68K
|
€
18K
|
€
139K
|
€
72K
|
|
|
€
1K
|
€
43K
|
€
67K
|
€
235K
|
Publications 6
All publications- Statuten (Vertaling, Cordinatie, Overige Wijzigingen, ) - Wijziging Rechtsvorm - Ontslagen - Benoemingen 18/05/2022
- Me. - Jaarrekening 31.12.2015, Ggk 03.06.2016, Ngl 01.07.2016 16259-0001-011 05/07/2016
- Me. - Jaarrekening 31.12.2014, Ggk 05.06.2015, Ngl 20.07.2015 15322-0043-010 23/07/2015
- Me. - Jaarrekening 31.12.2013, Ggk 06.06.2014, Ngl 14.07.2014 14299-0498-009 15/07/2014
- Me. - Jaarrekening 31.12.2012, Ggk 07.06.2013, Ngl 24.06.2013 13209-0225-010 27/06/2013
Frequently asked questions
Answers to the most common questions about First Gear, based on official government data and the filed annual accounts.
What is the VAT number of First Gear?
The VAT number of First Gear is BE0846.978.264.
When was First Gear established?
First Gear was founded in 29-06-2012.
What is the official address of First Gear?
The official address of First Gear is Vissersstraat 21/B Damme 8340.
What is the legal form of First Gear?
The juridical form of First Gear is Private limited company (BV/SRL).
What is the annual revenue of First Gear?
The 2025 accounts of First Gear do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is First Gear a reliable company?
First Gear is a registered Rechtspersoon with company number 0846.978.264 and can be verified through the official CBE database.
What is the credit limit of First Gear?
The estimated credit limit of First Gear is €221,469.
Is First Gear still active?
First Gear currently has the status "Normal situation" and is active.