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Details

Company details

Enterprise number
0848.482.952
VAT number
BE 0848.482.952
Peppol ID
0208:0848482952
Legal form
Besloten Vennootschap
Start date
06/09/201214 years
Main activity
Metselwerk 43910
AddressHeidekapelstraat 15
9250 Waasmunster
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Why

Is First Construct a healthy company?

At risk
  • Cashflow to equityWeak

    The company keeps little money compared with what its owners put in.

    −1.0%. Typical in the sector: 35.3%

  • Debt service coverageWeak

    What the company earns in a year barely covers that year's loan repayments, or falls short.

    −14.10×

  • Net cashWeak

    The company has more short-term bank debt than money in the bank.

    −€7

Based on the 2025 annual accounts, filed on 30/07/2026. View the annual accounts at the NBB

Creya method: information, not advice. How we calculate

Sector comparison

How does First Construct compare with its sector?

We set every ratio against similar companies, using the National Bank's sector figures.

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Key figures

Figures over the years

Gross margin 2025
€0
−100%
Profit or loss 2025
−€919
Fell
Equity 2025
€87,776
−1%
Employees (FTE) 2025
Not published
Gross margin 2022–2025−100%
2022202320242025
Key figures per fiscal year
Fiscal year2025202420232022
Income statement
Gross margin€0−100%€300Rose−€5,102−109%€54,579
Operating result−€865Fell−€141Rose−€5,233−110%€53,290
Profit or loss−€919Fell−€315Rose−€5,287−115%€36,208
Balance sheet
Equity€87,776−1%€88,6960%€89,011−6%€94,298
Total assets€88,086−1%€89,061−17%€107,783−25%€142,984
Filed30/07/202631/07/202531/07/2024In 2023

Amounts as filed with the National Bank. Small companies don't have to publish their revenue. 2022: previous fiscal year, as stated in the 2023 annual accounts.

Management

Who runs First Construct?

According to the annual accounts of 30/07/2026.

Directors2
0 companies2 people
When did they join?Newest director in 2012

Directors (2)

  • Gunther De MaeijerDirectorsince 31/08/2012
  • Pascal RossaertDirectorsince 31/08/2012

Credit limit

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Timeline

Filed annual accounts

Questions

Frequently asked questions about First Construct

Is First Construct a healthy company?

At risk. The latest annual accounts show serious weak points. Based on the 2025 annual accounts, filed on 30/07/2026.

What is the revenue of First Construct?

First Construct doesn't have to publish its revenue. The gross margin was €0 in 2025.

How much profit does First Construct make?

The result of fiscal year 2025 was −€919.

Who manages First Construct?

According to the annual accounts of 30/07/2026: Gunther De Maeijer, Pascal Rossaert.

What is the VAT number of First Construct?

The VAT number is BE 0848.482.952. The enterprise number is 0848.482.952.

Where is First Construct located?

Heidekapelstraat 15, 9250 Waasmunster.

What is the Peppol ID of First Construct?

The Peppol ID is 0208:0848482952.

When was First Construct founded?

The start date in the KBO is 06/09/2012.

Sources

Where do these numbers come from?

Something not right?