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A.C. First

Open bankruptcy
Private limited companyfounded 2008Rue de la Vallée 10, 4470 Saint-Georges-sur-Meuse, Belgium11 active companies are registered at this addressKBO/BCE: BE 0899.914.332
Summary

A bankruptcy procedure is open for A.C. First according to publications in the Belgian Official Gazette. The 2024 annual accounts show negative equity (-€302,025) and a net result of -€386,611.

A.C. FirstOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

The procedure

Court
Enterprise Court of Liège, Liège division
Declared bankrupt
10 July 2025
Supervising judge
Benoit Burnotte
Official Gazette
16-07-2025 (pdf) ↗search the document for 2025/131549

Deadlines

Appeal or third-party opposition until
passed on 31 July 2025Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 9 August 2025art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 21 August 2025Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until
passed on 10 July 2026A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustees

On 28 September 2026 the court published a change of trustee. Who runs the file now is in that publication (reference 2026/141122) and in RegSol.That day's Gazette (pdf) ↗

What to do now

  1. The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
  2. Ask the trustee whether anything will still be paid out and whether your claim was admitted.
  3. Follow the file in RegSol: the trustee's reports appear there.
  4. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.

The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.

View the file in RegSol ↗ Follow Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Insulation installation
NACE 43230
1 site
Size
€1.7mtotal assets 2024
Equity
-€302,025
Loss
-€386,611
Financial health
Open bankruptcy: no score
Structure
2 of 10 deeds summarised
Signalsraises riskOpen bankruptcyNegative equityneutralLatest accounts filed on timeShow the evidence

Signals

Three signals.
raises riskneutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€302,025
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee. The KBO register also records: open bankruptcy.
Belgian Official Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2024
31 days early
2023
26 days early
2022
18 days late
2021
31 days late
2020
31 days late
2019
92 days late
2018
12 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 18 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Change of trusteeEnterprise Court of Liège, Liège…
  2. OpeningEnterprise Court of Liège, Liège…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Risk: Declared bankrupttrustee: Caroline Dewandre 10-07-2025 View
  • Caution: From profit to loss in 2024after €16,744 in 2023 -€386,611 View
  • Total assets 20246 financial years filed €1.7m View

By topic

Financials

Financial year
2024
Total assets
€1.7m
Loss
-€386,611
Solvency
-17.3%
Turnover
Net result
20212023
Go to Financials

Timeline

Events
20
Since
2013
  1. 30-06-2025Annual accounts filed
  2. 05-03-2025Registered office
  3. 31-12-2024Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Insulation installationNACE 43230
Founded
22-08-2008
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Key facts about A.C. First

What is the company number of A.C. First?
0899.914.332. In Belgium the VAT number is the company number with BE in front: BE 0899.914.332.
Where was A.C. First based?
The last known address of the registered office is Rue de la Vallée 10, 4470 Saint-Georges-sur-Meuse.Company details
What does A.C. First do?
According to the KBO register, the main activity is insulation installation (NACE 43230).
What is the legal form of A.C. First?
Private limited company (BV).
When was A.C. First founded?
On 22-08-2008.
Is A.C. First still active?
A bankruptcy is running: a bankruptcy trustee manages the company.
How many employees did A.C. First have?
On average 1.7 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
What is the turnover of A.C. First?
€0 in financial year 2023, according to the filed annual accounts.
Is A.C. First profitable?
In financial year 2024, A.C. First made a loss of €386,611.
Where can I find the annual accounts of A.C. First?
A.C. First filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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